Director of Regulatory Finance & Rates

Summit Utilities IncLawton, OK
39dHybrid

About The Position

The Director of Regulatory Finance & Rates is responsible for leading the development, analysis, and execution of the company’s regulatory financial strategies, including revenue requirement modeling, rate design, cost recovery mechanisms, and financial testimony in regulatory filings. This role ensures that the company’s rates and regulatory filings support safe, reliable natural gas service while achieving fair recovery of prudently incurred costs. The Director serves as a key liaison with state commissions, staff, intervenors, and internal business units to align regulatory outcomes with operational and financial objectives.

Requirements

  • Minimum of ten (10) or more years of finance, accounting, regulatory or a related field
  • Bachelor’s degree in a relevant field, such as Engineering, Business, Accounting, Finance or Economics
  • Utility Ratemaking experience required
  • Must have the ability to develop relationships and build credibility quickly
  • Deep understanding of cost-of-service regulation, rate design, capital recovery mechanisms, depreciation, and utility accounting (FERC/GAAP).
  • In depth knowledge of state regulation and rate making principles
  • Strong analytical and financial modeling skills (e.g., Excel, SQL, BI tools).
  • Excellent written and verbal communication, including ability to simplify complex regulatory concepts.
  • Ability to manage multiple deadlines in a highly regulated environment.
  • Strong stakeholder management and negotiation skills.
  • High attention to detail, strong organizational skills and meticulous analytical capability
  • Business partner mentality with ability to educate basic financial concepts to stakeholders
  • Proven ability to communicate complex financial concepts and data in an understandable manner, in written and oral presentation formats, to all levels of management and staff

Nice To Haves

  • Experience with SAP and or Oracle a plus
  • CPA or CIA a plus

Responsibilities

  • Lead all rate making activities for assigned jurisdictions to include general rate cases, formula rate proceedings, infrastructure riders, cost of gas filings, and other filings.
  • Serve as a lead witness or support witness in regulatory proceedings; provide oral and written testimony; prepare and/or review testimony, exhibits, discovery responses, and settlement analyses. Provide strategic guidance on regulatory policies, emerging laws, and industry trends impacting cost recovery and utility financial performance.
  • Develop regulatory recovery strategies, processes and procedures to effectively and efficiently manage large projects (general rate cases) maximize investment returns, balance customer impacts and ensure compliance with rules and regulations.
  • Lead and develop a team of regulatory analysts by establishing processes, training, and tools that improve modeling accuracy, regulatory compliance, and analytical efficiency.
  • Promote a culture of integrity, transparency, and continuous improvement.
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