Rates Analyst

California Water Group•San Jose, CA

4d•Onsite

About The Position

The Rates Analyst is responsible for supporting the business case for water rates by reviewing and analyzing expenses, capital budgets, water sales, revenues, and regulatory agency policies (such as those of public utilities commissions) necessary for the Company to provide high-quality, reliable water service to its customers. Depending on skills and qualifications, this position can be located in San Jose or Sacramento, CA.

Requirements

Bachelor’s degree in Accounting, Finance, Business, Political Science, Computer Science, Economics, Engineering or related field and/or equivalent relevant experience
Two years of increasingly responsible experience working as a regulatory or financial analyst, preferably in the water or utility industry
Proficient in the use of Microsoft Office applications
Valid California Driver license

Nice To Haves

Knowledge of CPUC regulations, the rate case process, regulatory modeling, and compliance requirements is desired
Knowledge of Company policies, procedures, and business practices is desired
Knowledge and understanding of the water industry and how a water utility is operated and maintained is desired
Knowledge and ability to use Microsoft Office applications to create presentations, spreadsheets, and word documents
Knowledge of basic finance and accounting principle and procedures
Knowledge and understanding of utility accounting and financial concepts is desired

Responsibilities

Communicates with departments and districts to gather information for the General Rate Case (GRC)
Collaborates with districts and departments in the Company to demonstrate a need for necessary operational expenses and provides quantifiable support
Communicates adopted policies to districts and departments to ensure implementation in the financials and operations
Partners closely with commission staff to explain complex financial models in a clear and concise manner
Determines what type of data is required, from what sources, and how to present it in the GRC
Analyze data and reconciles discrepancies in data trends
Flows data through complex financial models to develop a revenue requirement forecast for all regulated ratemaking districts
Reviews district, department, and consultant testimony for completeness and accuracy
Drafts clear and convincing testimonies to explain historical spending trends, as well as support future expense projections
Prepares and edits the GRC responses for Commission staff and intervenor data requests
Prepares offset filings including advice letters and supporting work papers for submission to commissions; analyzes results and makes recommendations
Coordinates all regulatory compliance filings
Participates in and supports the Company’s Continuous Improvement programs and projects
Performs work on-site in assigned office location
Performs other similar duties as assigned