Sr Rates Analyst (Revenue Requirements)

Consumers Energy•Jackson, MI

1d•Hybrid

About The Position

The Senior Rate Analyst (Revenue Requirements) leads, monitors, reviews, and evaluates utility service rates and charges. The role conducts complex cost-of-service analyses and related rate assessments, and develops, maintains, and analyzes rate filings for gas and electric operations. It reviews complex filings submitted to public utility commissions, including proposed changes to rate base, cost recovery mechanisms, and customer service rates. The position develops, analyzes, and supports regulatory filings, revenue requirement studies, ratemaking proposals, and regulatory strategies for the company's regulated utility operations. It calls for strong accounting and financial analysis skills, close attention to detail, and the ability to manage competing priorities and meet regulatory deadlines. At the senior level, the analyst works independently and with accountability, provides strategic ratemaking recommendations, and serves as a subject matter expert. The role collaborates with Finance, Accounting, Treasury, Operations, Legal, and other stakeholders to support regulatory proceedings and timely, appropriate recovery of prudently incurred costs. This is a hybrid position with required onsite work Monday, Tuesday, and Thursday at One Energy Plaza in Jackson, Michigan. Candidates must be within commuting distance or willing to relocate; a relocation package is available to those who qualify. The position is not eligible for current or future immigration sponsorship, and applicants requiring sponsorship, including those on CPT, OPT, or STEM OPT, are not eligible.

Requirements

Bachelor's degree in Finance, Accounting, Political Science, Law, Engineering, or a related field, and at least four years of experience in complex rate analysis activities; or an associate's degree in one of these fields and at least six years of such experience; or a high school diploma/GED and at least eight years of such experience.
Ability to effectively summarize legal documents.
Strong analytical and problem-solving skills.
Proficiency in Microsoft Excel, Word, and PowerPoint.
Knowledge of accounting and finance principles.
Strong verbal and written communication skills.

Responsibilities

Monitor public utility commissions for regulatory policy and procedural changes that may affect rate-case filings, and determine appropriate responses.
Update complex rate-case exhibits and assist in preparing testimony for the Cost of Service Study and Rate Design.
Lead internal communications regarding proposed tariff changes.
Perform complex electric marginal and embedded cost-of-service studies, including required special studies.
Work with other departments, including IT, to prepare for policy and tariff changes by drafting RFS documentation and procedure manuals.
Track key metrics for complex utility rate filings, including docket numbers, authorized return on equity, capital structure, requested and approved rate base, and expected customer-rate changes.
Lead technical and cost analyses needed to support and obtain regulatory approval for electric rates and other tariff provisions.
Perform other duties as assigned or necessary.