Finance and Rates Analyst

Essential Utilities, Inc.•Lower Merion Township, PA

1d•Onsite

About The Position

Aqua, an Essential Utilities company, is seeking a Finance & Rates Analyst to join their team in Bryn Mawr, PA. This role is crucial for preparing, supporting, analyzing, and providing testimony for financial and compliance filings related to regulatory requirements. The analyst will also develop and maintain financial models and analyses for operational, compliance, and internal financial reports, supporting annual operating budgets and strategic business plans. Essential Utilities is a major provider of water, wastewater, and natural gas services across 10 states, committed to sustainable growth, operational excellence, and a superior customer experience. They are dedicated stewards of natural lands and offer a competitive benefits package and career growth opportunities.

Requirements

BA/BS Degree required
2-5 Years of Experience
Expertise in analytic problem solving
Strong interpersonal skills
Ability to perform complex computer model development
Advanced level of technical writing ability
Strong intermediate to advanced ability with Microsoft Office suite: Word, PowerPoint, Excel, Access and other technologies applicable to job
Proficient with technology and re-evaluates process to increase efficiency, accuracy and appropriate level of documentation through the skilled application of technology tools; must be proficient in MS Excel, able to work independently and synthesize large amounts of information

Nice To Haves

A clear understanding of cost of service rate-making and utility regulation is an asset for this position

Responsibilities

Assists in preparing rate cases by providing general accounting assistance, analysis and forecasting of the need for and the timing of rate increases.
Assists in the preparation of base rate case minimum filing requirements as required.
Assists in the preparation of revenue and billing analysis, rate case support schedules, exhibits, testimonies, answers to interrogatories, and provides support for witness litigation processes.
Interfaces with other departments to determine future rate case adjustments.
Assists in the preparation of timely and accurate regulatory filings such as: Quarterly DSIC, Earnings Reports, Original Cost Studies, and any Commission directed requests for information.
Provides support and assistance for other regulatory filings including Asset Optimizations Plans, Long-Term Infrastructure Improvement Plans, and Annual Depreciation Studies.
Assists with updates to the company’s Water and Wastewater tariffs.
Ensures tariffs are posted to internal and external websites.
Supports Manager of Rates and Planning and the Regional Controller on potential acquisition due diligence including: financial modeling, valuation analysis, finance and accounting due diligence, tariff and rate design, expense analysis, presentation preparation, application preparation and original cost study filings.
Supports Manager of Rates and Planning with the coordination, preparation, analysis and consolidation of annual operating budget.
Interfaces with various business owners to complete annual operating budget.
Supports Manager of Rates and Planning and the Regional Controller in the preparation, analysis, and submission of its strategic business plan.
Tracks organization’s progress against financial goals.
Build and maintain financial models, reports, variance analyses, ad hoc reports and other complex financial models.
Continuously streamline work process by modifying and automating reports.
Develops and administers training (as required) to internal stakeholders regarding capitalization, tax repair, and budgeting policies of Aqua Pennsylvania, Inc.
Researches and performs comparative analyses of public utility issues.
Identifies trends and developments in competitive environments.
Prepares forecasts and analysis of trends in finance and general business.
Collects and analyzes financial information.
Reconciles accounts.
Performs other assignments as required.