Lead - Tariffs and Budget - Regulatory

Luma PR•Santurce, PR

34d

About The Position

This position is within the Regulatory Team. The Regulatory Team works to align LUMA’s business plan with the public energy policy goals of Puerto Rico and plays a key role for the design, implementation and reporting on key policy initiatives. Regulatory works with all LUMA departments in support LUMA’s compliance and reporting obligations under the Operations and Management Agreement, the energy regulator and other governmental bodies. The team works with multiple external stakeholders and is responsible for the delivery of professional written documents, and verbal reason to support compliance and reporting. The Tariff and Budgets group within Regulatory is responsible for conducting analysis, studies and projections related to customer rates and annual budgets as well as interacting with LUMA departments to provide updated discussions of LUMA’s activities. The primary function of this position is to coordinate, prepare, support, analyze and communicate financial, planning, performance and compliance filings related to regulatory requirements for LUMA Energy and Puerto Rico’s Transmission and Distribution System (T&D System). The individual will be responsible for reporting and advising on electricity regulatory policy including, monitoring, reviewing, researching, analyzing and issue identification in order to develop and retain institutional knowledge related to all financial aspects of rate cases, budgets, etc. including review and maintenance of financial models for LUMA Energy. Additionally, the position will participate in LUMA Energy’s outreach programs and interface with regulators, government officials, trade / industry groups and other Puerto Rico energy stakeholders. The position will focus on delivering data driven solutions

Requirements

Bachelor’s degree in Engineering, Commerce or Business, or another relevant field
Minimum 7 years related work experience in leading high performing teams, in a regulatory environment an asset
Minimum 3 years in project management role, process improvement, business change experience an asset
A good understanding of the electric utility model, or other heavily regulated industries, previous experience working at a T&D utility an asset
Relevant experience in project management, regulated industries, finance, accounting, forecasting, economics, law an asset
Demonstrated knowledge and understanding of regulatory principles, regulatory policy development and regulatory approval processes, including performance-based incentive ratemaking, wheeling, interconnection and other regulatory structures for a market-based electric system

Responsibilities

Coordinate and oversee the completion of key components of regulatory filings, including rate cases, annual budgets (operational and capital), system plans, performance metrics and any other filings required by the Puerto Rico Energy Bureau (PREB) on behalf of LUMA Energy.
Review , analyze and approve regulatory adequacy of regulatory filings including oversight of budget and financial information within the filing, which includes forecasts for the following year and two subsequent years.
Identif y instances where support material is required, including level required to support prudency of expenditures and alignment with Puerto Rico energy policy.
Provide ongoing regulatory support and supervision to all departments and works collaboratively with finance team to ensure best efforts to comply with regulatory agencies’ submission deadlines and to provide sufficient support.
Ensure t imely, complete and appropriate regulatory policy correspondence, typically in writing, with regulatory agencies.
M onitor electric regulatory law and policy issues and legislative initiatives and participate in the development of LUMA’s regulatory strategy
Participating in relevant agency consultations and preparing responses to and reviewing correspondence from Puerto Rico’s regulatory agencies.
Coordinate with regulatory agencies and intervener personnel on financial and regulatory matters.
Collaborate with internal and outside legal counsel regarding participation in regulatory filings, proceedings , comments and responses.
Superior analytical and critical thinking skills with the ability to see the big picture and interpret and assess the short- and long-term impacts of actions and strategies.
Strong interpersonal, organization with the a bility to influence and communicate effectively with senior company personnel, external consultants, legal counsel, regulatory agency staff and industry stakeholders .
Ability to effectively communicate with all levels of employees through various means such as email, phone, video conferencing, and in-person.
Strong ability to develop and deliver effective presentations and facilitate meetings as related to strategy, training, and collaborating with various stakeholders
Ability to effectively prioritize workloads, meet deadlines and resolve conflicting priorities
Proficient skills in the use of computer applications (MS Office, Excel and Work in particular)
Experience with programs such as Microsoft Project or other project planning software an asset
Perform major storm restoration work and associated drills as assigned
Follow all policies and procedures
Other duties as assigned
Managing a group of 3+ individuals