Mgr Revenue Requirements

PEPCO•Newark, DE

About The Position

PRIMARY PURPOSE OF POSITION Develop and manage Revenue Requirement functions and special projects, including retail or wholesale regulatory filings and the strategic review of alternative cost recovery regulatory mechanisms. This function assists in the planning, development, recommendation and support of the strategic policies and positions for distribution, transmission, supply or surcharge rate revenue requests internally before Exelon key senior management and externally before state or federal governmental agencies, as appropriate. This function may include the responsibility for testifying on the Company's behalf as a witness in litigated regulatory proceedings. Develop and implement the Company's strategic regulatory options beyond the traditional revenue requirements. Collaborate with internal and external stakeholders to define creative regulatory infrastructures and alternative regulatory approaches that further the Company's positions on matters encompassing strategy, policy and operations. Apply critical analytical skills as well as possessing an in-depth working knowledge of regulatory, ratemaking, accounting, financial and legal concepts unique to the utility industry, to ensure adherence to regulatory filing requirements for distribution, transmission, supply or surcharge rate proceedings, including the preparation of testimony. Manage compliance-related matters related to distribution, transmission, supply or surcharge revenue requirements. Position may be required to work extended hours, including travel, as well as provide coverage during storms or other energy delivery emergencies.

Requirements

Bachelor's degree in quantitative field, such as Accounting, Finance or Economics
7-10 years of relevant experience in areas such as Regulatory, Accounting, Finance and Strategic Planning
Excellent written and oral communication skills that are essential to represent the Company internally and externally and to testify on behalf of the Company before regulatory agencies
Highly effective personal skills to interface with other internal departments as well as across Exelon's business units as well as state/federal commission staff and intervenors.
Excellent financial, analytical, technical and strategic skills to direct and manage activities related to the evaluation of financial policies, positions and outcomes
Knowledge of the regulatory processes for developing and prosecuting rate case and other cost recovery filings in the respective service territories
Knowledge of revenue requirement and regulatory cost of service concepts
Possession of a broad understanding of Exelon/energy delivery strategy and business practices
Demonstration of high-level competencies in 1) accountability, 2) collaboration, 3) continuous learning and 4) high performance in ambiguous situations.
In lieu of degree, 9-12 years of relevant experience.

Nice To Haves

Advanced degree in Accounting, Finance, Business or Economics
CPA
Experience interacting with senior management on regulatory, accounting, financial or strategic planning issues
3-5 years of supervisory experience.

Responsibilities

Manage certain regulatory filings and specific segments of larger regulatory proceedings (e.g. distribution base rate cases). Plan, coordinate and manage the implementation of aspects of the filings so as to facilitate timely cost recovery through the generation of regulated revenue. This duty includes the provision of guidance and recommendation to appropriate management and other departments in the development of filings and positions on, and responses to, related information requests. Manage related activities of the regulatory and cross-functional staff as assigned.
Evaluate, plan, analyze and support the strategic and tactical aspects of the Company's regulated distribution, transmission, supply or surcharge revenue requests in litigated proceedings as well as settlement efforts.
Manage activities of staff regarding distribution, transmission, supply or surcharge revenue requirement activities, including leading, coaching and developing staff.
Act as an expert witness before state and/or federal governmental agencies, as appropriate, and in litigated proceedings. Provide expert testimony and/or coordinate the preparation of testimony by other witnesses on behalf of the Company on regulatory issues.
Ensure Company's compliance with regulatory filing requirements of revenue and cost data for rate-related matters through continuous application of in-depth working knowledge of regulatory, ratemaking, accounting, financial and legal concepts and standards unique to the utility industry.
Analyze, interpret and communicate accounting and financial planning impacts due to regulatory commission rate case decisions and rulemakings regarding distribution, transmission, supply and surcharge revenue, ratemaking and cost recovery matters.
Participate on corporate committees and external organizations to develop improvements to regulatory and ratemaking infrastructure, comment on rulemakings and develop alternatives to existing regulatory requirements consistent with Exelon strategic and business objectives.

Benefits

Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $120,800.00/Yr. – $166,100.00/Yr.
Annual Bonus for eligible positions: 20%
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