Sr Mgr, Revenue Policy

ComEd•Oakbrook Terrace, IL

12d•$152,000 - $209,000

About The Position

PRIMARY PURPOSE OF POSITION ComEd 1. Develop and manage Revenue Policy functions and special projects, including retail and wholesale regulatory filings and the strategic review of alternative cost regulatory mechanisms. This function assists in the planning, development, recommendation and support of the strategic policies and positions for ComEd's distribution delivery services tariffed (DST) or transmission rate revenue requests internally before Exelon/ComEd key senior management, and externally before state and / or federal agencies, as appropriate. This function may include the responsibility for testifying on the Company's behalf as its DST or transmission revenue requirements witness in litigated, regulatory proceedings. 2. Development and implement of the Company's strategic regulatory options beyond the traditional revenue requirements model. Work with internal and external parties to define creative regulatory infrastructures and alternative regulatory approaches that further the Company's positions on matters encompassing strategy, policy and operations. 3. Responsible for applying critical analytical skills as well as possessing an in-depth working knowledge of legal, regulatory, financial and accounting concepts unique to the utility industry, to ensure adherence to regulatory filing requirements for DST or transmission rate case proceedings, including preparation and presentation of testimony. Responses to discovery (data) requests of regulators and external parties, and contribution of revenue requirements expertise to legal filings and briefs related to DST or transmission revenue requirements. 4. Act as liaison, providing critical information to Exelon's financial and accounting business units on accounting, financial planning and financial statement disclosure requirements, as well as impacts, due to DST or transmission revenue requirement positions, both proposed and adopted, and/or impacts resulting from rate case decisions or rulemakings rendered by regulatory bodies with jurisdiction over Company activities. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Requirements

Minimum: BS or BA in quantitative field, such as Engineering, Economics, Mathematics, Finance or Accounting. Ten or more years of regulatory utility experience, primarily in rates, accounting, financial and strategic planning areas. Excellent written and oral communication skills are essential to represent the Company internally and externally and to testify on behalf of the Company before regulatory agencies.
Must possess highly effective personal skills to interface with other Exelon/ComEd / PECO business units, external legal counsel and state and federal commission staff.
Excellent financial, analytical and technical skills are required to direct and oversee activities related to the evaluation of financial policies, positions and outcomes.
Must possess a broad understanding of Exelon/energy delivery strategy and business practices.
Must display a high degree of professional integrity, complex problem solving and creative thinking abilities.
Have demonstrated high-level competencies in 1) accountability, 2) collaboration, 3) continuous learning and 4) high performance in ambiguous situations.

Nice To Haves

Advanced degree in Accounting, Finance, Business, Economics or Law.
Experience managing complex regulatory filings and initiatives, including directing cross-functional teams to ensure alignment and resolve substantive issues.
Experience leading external engagement efforts, including managing relationships with regulatory agencies, governmental bodies, community organizations, or key customer groups.

Responsibilities

Manage certain regulatory filings and/or audits and specific segments of larger regulatory proceedings (e.g. DST rate cases). Plan, coordinate and manage the implementation of all aspects of the filings so as to facilitate timely cost recovery through the generation of regulated revenue. This includes the provision of guidance and recommendation to appropriate management and other departments in the development of filings and positions on, and responses to, information requests. Manage activities of the regulatory and multifunctional staff as assigned. (30%)
Evaluate, analyze and support the Company's regulated DST or transmission revenue requests in litigated proceedings as well as settlement efforts. Act as an expert witness on DST or transmission revenue and cost recovery matters before state and/or federal governmental agencies, as appropriate, and in litigated proceedings. (20%)
Ensure Company's compliance with regulatory filing requirements of revenue and cost data for rate matters through continuous application of in-depth working knowledge of legal, regulatory and financial concepts and standards unique to the utility industry. (10%)
Analyze, interpret, and communicate accounting and financial planning impacts due to regulatory commission rate case decisions and rulemakings regarding DST or transmission revenue and cost recovery matters. (10%)
Provide expert testimony and/or coordinate the preparation of testimony by other witnesses on behalf of the Company on regulatory issues (10%)
Manage activities of the revenue requirements staff regarding DST or transmission revenue requirement activities, including to coach, train and plan for successful position succession. (10%)
Participate on corporate committees and external organizations to develop improvements to regulatory infrastructure, comment on rulemakings and develop alternatives to existing regulatory requirements consistent with Exelon/ComEd strategic and business objectives. (10%)

Benefits

Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $152,000.00/Yr. – $209,000.00/Yr. plus an additional $25K in Long Term Incentive Plan annually.
Annual Bonus for eligible positions: 25%
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
Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.