Senior Regulatory Affairs Modeling Analyst

Portland General ElectricPortland, OR
15dHybrid

About The Position

At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all. Job Function Summary Supports regulatory affairs by providing economic and financial modeling, revenue requirement, pricing, and power-cost projections for corporate and regulatory projects and/or functions. May include conducting analyses of competitors, operational effectiveness and capacity utilization. Manages corporate and/or site budgets, generates forecasts, analyzes utilization and serves as internal consultant on financial matters for the organization. Creates financial models of scenarios for future business planning decisions.

Requirements

  • Requires a bachelor’s degree in finance, business, economics or other related field or equivalent experience.
  • Typically five or more years in related field.
  • Intermediate knowledge of fundamental economic, business and accounting principles
  • Advanced knowledge of macroeconomics and microeconomics, pricing theory, finance, accounting and financial analysis
  • Advanced financial modeling skills and experience using Microsoft Excel
  • Intermediate knowledge of regulated utility operations, revenue requirements, utility accounting principles (e.g., rate-base return standard, AFUDC), wholesale power market and the basics of power plant and transmission system operation and market fundamentals
  • Intermediate mathematical skills, including calculus, ordinary and partial differential equations, linear algebra, probability and multivariate statistics
  • Intermediate knowledge of fundamental economic, business and accounting principles
  • Intermediate business acumen
  • Intermediate problem-solving skills
  • Advanced written and oral communication skills
  • Intermediate analytical thinking skills
  • Intermediate organization and prioritization skills
  • Ability to adhere to set response times, deadlines and time-sensitive tasks
  • Ability to follow accuracy standards
  • Ability to follow through on decision-making tasks
  • Ability to interact effectively and collaboratively within a team environment
  • Ability to communicate and problem solve when under stress
  • Ability to respond and adapt to frequent change
  • Ability to accept and demonstrate self-awareness when provided constructive feedback
  • Ability to discern feedback and acknowledge ownership of areas of improvement
  • Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks
  • Ability to successfully collaborate with peers, managers and others within the organization
  • Demonstrates sound memory
  • Ability to process new information to be applied consistently to work tasks
  • Ability to work long hours
  • Ability to work a variable schedule
  • Ability to report to work and perform work during periods of severe inclement weather
  • Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance
  • Ability to work shift schedule
  • Ability to work on-call schedule
  • Daily within service territory - Frequently (at least once a week or more)
  • Computer use (use computer regularly for entire work shift)

Nice To Haves

  • Prior Experience with UI Planner

Responsibilities

  • Economic Analysis Develops economic analyses for significant and complex corporate projects and/or functions, including examining economics/costs under uncertainty; directs the activities of at least one other team member in completing the analysis
  • Financial Models Develops longer-term financial models within UI Planner software with complex assumptions or relationships (e.g., models that will receive a high level of scrutiny internally and by regulatory groups); coordinates with other departments to ensure model assumptions/outputs align across the organization
  • Reporting Develops end-to-end load-forecasting models with complex algorithm and presents to management and internal stakeholders; identifies, designs and implements process improvements of the load-forecasting models
  • Internal Consulting Develops reports documenting complex analyses; may be responsible for preparing annual budgets and/or strategy reports including metrics and measurements
  • External Interaction Presents analysis and work products to clients and senior management; may direct external consultants to complete projects
  • Financial Systems Prepares information to be presented to the Oregon Public Utilities Commission and other external parties and answer straightforward questions
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