Financial Analyst - Analyst Senior (Electric Utility)

American Electric Power•Westminster, CO

1d•Onsite

About The Position

This role is for a Regulatory professional with extensive technical knowledge in rate design theory and practice within AEP's state jurisdictions or external state jurisdictions. The ideal candidate will have electric utility experience and a detailed understanding of industry activities and outcomes related to cost of service and rate design, especially concerning new technologies and recovery strategies. This includes a deep knowledge of applying theory to perform detailed mathematical analysis and solve complex problems with minimal guidance. The position requires a developed working knowledge of relevant state or federal regulations, standards, codes, concepts, systems, docket research, and business processes. The ability to communicate and coordinate work across multiple organizations is crucial for addressing complex problems or performing analysis outside the AEP footprint to achieve goals set by operating companies and corporate business units. This includes developing innovative rate solutions for rate cases, recovery clauses, audits, compliance filings, policy matters, and other proceedings. The role provides high-value input for corporate, operating company, and business unit regulatory strategy development and coordination, as well as support for recommended negotiation strategies. The candidate will possess extensive knowledge of developments, procedures, and current events affecting regulatory activity across numerous jurisdictions and will provide input in the development of strategy regarding cost recovery based on this knowledge. With an extensive level of regulatory knowledge, the individual will educate others on the interrelationships between cost drivers and revenue.

Requirements

Bachelor's degree from an accredited college or university AND 4 years relative field, operations or analytical experience OR associate's degree from an accredited college or university AND 8 years relative field, operations or analytical experience OR High School diploma or GED AND 10 years relative field, operations or analytical experience.
Proficiency with spreadsheets is required.
Proficient oral and written communication skills, including the ability to articulate strategy and provide guidance to management and witnesses on case, are required.
Must possess analytical problem solving skills.
Required to work mandatory ”on-call” requirements over weekends, holidays, vacations, etc. as necessary to meet regulatory requirements, including filing dates required by the Company or as imposed by an applicable regulatory Commission.
Occasional travel will be required, such as: to attend or testify at hearings, to support witnesses at hearings, to participate in Commission Staff and/or stakeholder meetings/events, to advocate the Company’s position in various federal, regional, or state venues, to attend training, etc.

Nice To Haves

Master’s degree is preferred.
Certified Public Accountant, Certified Internal Auditor, Professional Engineer, or similar certification/licensure is preferred.

Responsibilities

Facilitates work activity of others to perform regulatory tasks, such as developing direct and rebuttal testimony, responding to discovery requests, responding to Commission audits, witness preparation, etc.
Facilitate organizational unit activities related to specific, unique and/or highly specialized areas of regulatory practice; promotes professionalism and standards, influences the direction of thinking through the organizational unit as a recognized authority; and operates with minimal supervision in a complex environment.
Interprets regulatory needs and implements projects, analysis, and process work by establishing measurable goals, objectives and requirements relative to a specific area of responsibility; addresses company system-wide issues within specialized field of expertise; and reviews planned work of others.
Anticipates, identifies, clarifies, resolves and initiates solutions to internal and/or external unique and specialized problems that sometimes involve analysis of inadequate or conflicting data; and facilitates the development of opportunities, new ideas and approaches that have system-wide impact.
Works independently, with guidance only in the most complex matters, to prepare and present of complex regulatory subjects and strategies in a clear, concise and effective manner to management and/or regulatory bodies; demonstrates a developed knowledge of the network channels within the company, other companies, professional organizations, and regulatory agencies.
Makes complex decisions based on calculated risk and be held accountable for these complex decisions; has a very strong knowledge of the impact of the decisions made on other organizational units internal and external of the company; possesses expert knowledge to defend decisions that are made in the interest of the company; and demonstrates the ability to extrapolate beyond known facts to reach logical conclusions.
May be asked to testify on behalf of the company but is not a primary requirement of the role.
Participate and/or lead in the use and development of moderately complex analytical tools to support regulatory planning and regulatory filings.
Proficiently utilize analytical tools and data management skills to provide actionable recommendations for regulatory planning and regulatory filings.
Consult with others to understand, identify, prioritize and develop actionable recommendations.
Develop and present analysis and solutions that support strategic initiatives.
Consult and collaborate with IT and others to optimize the use of tools and analysis.
Other duties as assigned, including but not limited to, development of testimony, responding to discovery requests, responding to audits, participate in witness preparation, etc.