Rates and Revenues Manager

CUC Corporate Brand•West Palm Beach, FL
•Hybrid

About The Position

This position manages the rate mechanisms and cost-of-service processes the company uses to recover costs, set customer prices, and comply with regulatory requirements. The manager oversees the development and implementation of cost recovery mechanisms and regulatory strategy initiatives, proposes solutions to key business issues, and prepares and presents oral and written testimony to federal and state regulatory agencies. The role also oversees and develops team members.

Requirements

  • Bachelor of Science in finance, accounting, economics, business, or another related field.
  • Seven years of experience in utility finance, rate design, or regulatory strategy.
  • Proficiency in regulatory rate-making and revenue requirements.
  • Understanding of the regulatory process from filing through approval and implementation.
  • Deep understanding of revenue management techniques, pricing strategies, forecasting, cost-of-service regulation, and federal and state-specific regulatory processes.
  • High organizational skills.
  • Excellent verbal and written communication skills.
  • Advanced proficiency in financial modeling and data analysis.
  • Advanced proficiency in MS Excel.
  • Proficiency in MS Word and PowerPoint.
  • Ability to develop and maintain strong relationships.
  • Leadership and team management abilities, including the capacity to motivate and guide a team to deliver results.
  • Standard driver’s license.

Responsibilities

  • Develop and implement rate-making strategies, including general rate cases, formula rates, and infrastructure riders, aligned with company, regulatory, and customer needs.
  • Determine required revenue to cover costs and earn a fair return, including conducting cost-of-service studies.
  • Prepare and present regulatory and revenue reports and forecasts to senior management and stakeholders.
  • Lead development of testimony, exhibits, and discovery responses for state public utility commissions and other regulatory bodies.
  • Work with the accounting department to forecast, budget, and monitor rates and regulatory activities; perform sensitivity analyses of revenues to load forecasting errors.
  • Oversee development, filing, and maintenance of company tariff programs.
  • Collaborate with finance, legal, and operations teams and represent the utility with external stakeholders, including regulators and intervenors.
  • Direct and develop staff specializing in regulatory analysis, rate design, and revenue modeling.
  • Perform other responsibilities as assigned.

Benefits

  • Competitive base salary.
  • Career growth opportunities.
  • Cooperative, supportive, and empowered team atmosphere.
  • Annual bonus and salary increase opportunities.
  • Monthly recognition events.
  • Wellness initiatives and community events.
  • Customizable benefits, with options including a 401(k), medical, dental, and life insurance, tuition reimbursement, and compensated volunteer hours.
  • Paid time off, holidays, and a separate bank of sick time.
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