Lead Rates & Regulatory Specialist

PPL Corporation•Allentown, PA

About The Position

The position is responsible for leading distribution and FERC formula rate filings and various other rate rider flings, developing and providing cost-of service related information, and rate design. Overall, this position is responsible for the development of solutions for complex business process and technical problems, identifying and implementing solutions and/or strategies that will help the business achieve its short-term and long-term objectives, analyzing business activities and comparing against trends and best practices. This is a key contributor in a complex environment who may lead functional teams or projects and is recognized as an expert in their function within the organization. The position will have financial analysis responsibility to support the Company's business strategies for distribution and transmission filings and internal management support, including development of analysis and recommendations, and reporting of the same.

Requirements

Bachelor's Degree in Finance, Accounting, or other business discipline.
7+ years of regulatory, financial, accounting, or business planning (or a combination) experience
Demonstrated proficiency in financial modeling and understanding of financial statements, analysis, research, and problem solving skills.
Ability to work well with individuals on all levels of the organization and external parties including regulators, attorneys, consumer advocacy groups, industry groups, and other special interest groups.
Demonstrated ability to build consensus, establish trust, communicate effectively and foster culture change.
Requires proficiency in oral and written communication skills, as demonstrated by the communication of complex technical issues verbally and in writing.
Knowledge of utility finance, accounting and reporting requirements; process improvement techniques, budgeting and report writing.
Experience with rate case preparation and analysis.

Responsibilities

Responsible for supporting recovery of revenue through development and preparation of cost recovery mechanisms, including addressing pricing and/or revenue requirements of new and existing programs and mechanisms, and working with others to develop strategies.
Prepare complex financial forecasting models using advanced modeling techniques.
Performs most advanced or specialized work requiring comprehensive knowledge of accounting, financial, and ratemaking theory and principles.
Develop and provide rate related information for budget preparation, budget reforecasts and budget variance analysis purposes and conduct ongoing analyses and research of other ratemaking proceedings before the statue utility commissions, other agencies, and FERC.
Coordinate and review or develop and provide specialized schedules and analysis, and testimony (written and verbal), data requests, and other ad hoc analysis for rate proceedings and programs to ensure compliance. Must be willing to act as a company witness and testify before regulatory agencies.
Solve complex problems and takes a broad perspective to innovative solutions. Demonstrate a strong knowledge of “end-to-end” processes and the ability to lead cross functional teams.
Develop/maintain knowledge of current and future trends in legislation and regulation governing the utility industry. Demonstrated ability to comprehend and summarize regulatory and legal filings.
Support state, FERC, and PJM policy matters including monitoring and understanding of energy and capacity markets, PJM markets, FERC cost allocation matters, Pennsylvania Public Utility Commission matters, and the energy landscape as it pertains to company issues, and provide markets analysis upon request
Identify and implement solutions and/or strategies that will help the business better achieve its short-term and long-term objectives, analyze business activities, and compare against trends and best practices.
Ability to lead cross-functional teams or projects to achieve milestones and objectives.Ability to meet tight and often unchanging regulatory and internal deadlines.
Works independently with guidance on only the most complex tasks.
Performs other duties as assigned
Complies with all policies and standards