Associate Analyst, Revenue Requirements

Eversource Energy•Berlin, CT

2d•Hybrid

About The Position

The role of an associate regulatory financial analyst is a non-traditional accounting/finance role where you will be working cross functionally to support regulatory filings submitted to the New Hampshire Public Utilities Commission ("NH PUC"), or the state regulator for the state of New Hampshire. 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 state utility commissions, consumer advocates and other stakeholders, while supporting the expert witnesses testifying to each filing. We have a unique opportunity to grow our Revenue Requirements team. The regulatory and revenue requirements team works to ensure a fair financial balance among the interests of regulators, customers, and shareholders through various legal proceedings in the state of New Hampshire. 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.

Requirements

Strong knowledge of basic accounting theory
Strong knowledge of accounting practices and procedures
Ability to work in an operating environment that requires both the understanding and the appropriate application of generally accepted accounting and economic principles
Ability to understand and interpret complex documents
Strong problem solving skills
Ability to analyze data and information and extract relevant factors
Strong spoken and written communication skills
Functional understanding of computerized business systems
Demonstrated skill with MS Office Applications
Ability to multi-task and shift among multiple priorities simultaneously
Emerging business acumen
Strong team membership skills
Ability to be flexible and adapt to new situations
Ability and willingness to work with a sense of urgency
Initiative and personal ownership
Strong customer service orientation
Possesses a high degree of personal ownership and accountability
A Bachelor's degree in Accounting, Finance, Economics or closely-related discipline required.
Zero (0) to three (3) years related experience required.

Nice To Haves

Understanding of deferred accounting principles for all of the trackers
Understanding of the concepts related to rate base and operating income as they pertain to the Companies’ ROE
Accounting research techniques
Experience in the application of revenue requirements theory as well as the applicable regulations pertaining to Eversource (PSNH) tracking mechanisms preferred.

Responsibilities

Responsible for compiling financial and accounting information related to revenue filings submitted with the state regulator.
Supports the testimony of the expert witness (representing the Company) before the state regulator on topics covering a multitude of regulatory issues, such as reconciling filings (or cost trackers) related to: Distribution rate cases Basic/Default Energy Service and Generation Transition Charges Storm Costs
Communicates complex issues and results of financial analysis in terms that are accessible for relevant internal and external stakeholders (management, external counsel, state regulator, consumer advocate etc.).
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.