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    Regulatory Financial Analyst - Manchester, United States - Eversource Energy

    Eversource Energy
    Eversource Energy Manchester, United States

    3 weeks ago

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    Description
    Our Team


    Our team is at the center of ensuring Eversource is compliant with the regulatory requirements in New Hampshire as a public utility company - we offer a great career growth within our team and company.

    The role is based in Manchester, NH.


    The role of a regulatory financial analyst is a non-traditional accounting/finance role where you will be working cross functionally to support regulatory filings submitted to the NH Public Utilities Commission ("PUC").

    As a regulatory financial analyst, you will be responsible for reconciling revenues and expenses used in various cost tracking mechanisms.


    You will prepare schedules to be included in distribution regulatory filings for the Eversource electric operating company of New Hampshire.

    You will play a key role in driving regulatory strategy, supporting information requests and questions received from the NH PUC, NH Department of Energy ("DOE"), Office of the Consumer Advocate ("OCA"), and other stakeholders, while supporting the expert witnesses testifying to each filing.


    Essential Functions:
    Responsible for compiling financial and accounting information related to revenue filings submitted with the state regulator, the NH PUC.
    Supports the testimony of the expert witness (representing the Company) before the PUC on topics covering a multitude of regulatory issues, such as reconciling filings (or cost trackers) related to:
    Distribution rate cases
    Storm Cost Recovery
    Energy Efficiency
    Lost Base Revenue
    Default Energy Service
    Vegetation Management Program
    Transmission Cost Adjustment Mechanism
    Regulatory Reconciliation Adjustment Mechanism
    Pole Plant Adjustment Mechanism
    Stranded Cost Reconciliation

    Communicates complex issues and results of financial analysis in terms that are accessible for relevant internal and external stakeholders (management, external counsel, PUC, DOE, OCA)

    Prepares and owns work papers in support of company filings and information requests received from various internal and external stakeholders.

    Docket management of regulatory proceedings to ensure deadlines are known and met
    Contributes to streamlining or improving existing procedures and eliminating or replacing outdated processes
    Identifies and raises to manager any potential regulatory risks, impediments, and communicates progress against goals
    Maintains knowledge of current industry trends and industry-related legislation pertinent to the business area
    Ability to work in an operating environment that requires both the understanding and the appropriate application of generally accepted accounting and economic principles and ratemaking/regulatory principles


    Technical Knowledge/Skills:
    The Analyst must be comfortable interacting with third parties such as lawyers, consultants, and regulatory staff in multiple states, and peers within industry
    Ability to work in a fast-paced environment in order to meet regulatory deadlines
    Strong knowledge of basic accounting theory and financial principles
    Strong knowledge of accounting practices and procedures
    Strong analytical and problem-solving skills. Ability to assess situations and reach conclusions objectively
    Strong teaming skills, is eager to learn, contribute and collaborate to support the achievement regulatory compliance
    Strong time management and organization skills, ability to adapt quickly to changing environments, see your responsibilities through to their conclusion
    Microsoft Excel advanced skills required


    Education:
    Bachelor's degree in Accounting, Finance, Economics or closely-related discipline required. Advanced degree preferred.


    Experience:
    3+ years experience business, finance, accounting, legal, or related experience required
    Experience in the application of revenue requirements theory as well as the applicable regulations pertaining to Eversource tracking mechanisms preferred


    Preferred Experience, Not Required :
    Application of revenue requirements theory as well as the applicable regulations pertaining to Eversource cost tracking mechanisms.
    Understanding of deferred accounting principles for public utilities
    Understanding of the concepts related to rate base and operating income as they pertain to the Companies' return on equity
    Accounting research techniques


    Working Conditions:
    Must be available to work emergency restoration assignment as required.
    Our hybrid work model is first 90 days in the office full-time then hybrid


    Compensation and Benefits:
    Eversource offers a competitive total rewards program. The annual salary range for this position starts at $89,590.00 to $99,540.00, plus incentive. Salary is commensurate with your experience. Check out the career site for an overview of our benefits.

    #ajdcorp


    Worker Type:
    Regular

    Number of Openings:

    1

    EEO Statement

    Eversource Energy is an Equal Opportunity and Affirmative Action Employer.

    All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

    VEVRRA Federal Contractor


    Emergency Response:
    Responding to emergency situations to meet customers' needs is part of every employee's role. If employed, you will be given an Emergency Restoration assignment.

    This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.

    #J-18808-Ljbffr
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