Dir Reg Strategy & Rev Policy
About The Position
We're powering a cleaner, brighter future. Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive. In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in?
Requirements
- Undergraduate degree in Business, Accounting, or Engineering.
- Masters Degree in Business Administration or Law (J.D.)
- Minimum 12 years experience in energy industry.
- At least Ten (10) years experience in managing in a changing business environment.
- At least Five (5) years experience in managing in a deregulated market environment.
- Proven ability to develop solutions to resolve complex financial and regulatory issues involving tens of millions to hundreds of millions of dollars annually.
- Demonstrated complex negotiation skills necessary to resolve issues of significant financial impact and image to the Corporation.
- Demonstrated ability to build consensus, establish trust, communicate effectively among external and internal stakeholders to maximize solutions to complex regulatory and financial issues.
- Demonstrated detailed knowledge of corporate tariffs, PUC regulations, revenue requirements, and risk management.
- Ability to develop numerous business and political relationships with legislators, regulators, and other parties that impact our business.
- Demonstrated leadership ability in a high performance culture.
- Demonstrated ability to foster culture change and implement performance management.
- Demonstrated project management skills.
- 5 years of supervisory experience.
Responsibilities
- Develop and implement strategies to obtain $4.38 billion in annual electric and gas revenues for PECO Energy in Pennsylvania, including $800 million in annual stranded cost recovery, $300-400 million in annual purchased gas costs, and over $150 million in electric transmission revenues.
- Provide strategic direction and leadership to the Regulatory Strategy and Revenue Policy team for all activities regarding Revenue Policy & Analysis and Regulatory Strategy for PECO Energy that achieve Exelon's Corporate goals. Using leadership skills, a broad understanding of electric and/or gas utility operations, and in-depth working knowledge of financial, legal, and regulatory concepts unique to the electric and/or gas utility industry.
- Develop optimal Exelon approach to enhancing and maximizing Exelon's revenues through the development of strategic direction in the regulatory environment while maintaining a consistent external position for Exelon. Develop new sources of revenue through new tariff development as well as utilization and interpretation of existing electric and gas tariffs to generate new revenues in the tens to hundreds of millions of dollars.
- Provide leadership and strategic direction for revenue retention, electric and gas rate case development, execution and implementation to meet and enhance EED and Exelon's financial goals.
- Represent the Company in litigated proceedings as an expert witness. Review and present testimony and undergo cross-examination as Company expert witness for rate cases and other related filings with the state regulatory body using analytical skills and an in-depth working knowledge of retail electric and/or gas service tariffs, charges, terms, conditions, rules, reports, policy, contract forms, legal, regulatory, and financial concepts and standards unique to the electric and/or gas utility industry
- Provide strategic support to legislative policy development and implementation in order to effectuate Exelon and PECO's Energy's business issues that are impacted by legislative activity.
Benefits
- Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $181,600.00/Yr. – $249,700.00/Yr. plus an additional $50K in Long Term Incentive Plan annually
- Annual Bonus for eligible positions: 30%
- 401(k) match and annual company contribution
- Medical, dental and vision insurance
- Life and disability insurance
- Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
- Employee Assistance Program and resources for mental and emotional support
- Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
- Referral bonus program
- And much more
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What This Job Offers
Job Type
Full-time
Career Level
Manager
