Vice President - Expert Witness, Utility Return on Equity & Cost of Capital

Concentric Energy Advisors•Marlborough, MA
•Hybrid

About The Position

Concentric Energy Advisors is an employee-owned management consulting and financial advisory firm serving the North American energy and utility industries. The firm works with investor-owned utilities, regulators, and other industry participants on ratemaking and utility regulation, litigation support, market strategy, and financial advisory matters. The Vice President, Utility Return on Equity & Cost of Capital Expert Witness leads complex utility consulting engagements and provides client-facing leadership on regulatory strategy. The role is suited to an experienced professional who has personally led Return on Equity (ROE) or Cost of Capital analyses, defended positions in contested proceedings, and provided expert testimony before state regulators, FERC, or other agencies. This is a hybrid role with three days per week in the Marlborough, Massachusetts office and two days per week working remotely. The Vice President leads and reviews cost-of-capital and ROE analyses for electric transmission and/or natural gas pipeline clients; advises clients on rate and compliance filings, settlements, and contested proceedings; and serves as a lead or sponsoring expert witness. The role includes preparing and defending testimony, exhibits, workpapers, and discovery responses; supporting litigation strategy; and participating in hearings, settlement negotiations, and technical conferences. The Vice President also leads multidisciplinary teams and engagements, advises utility executives, contributes to business development, and helps develop the firm's offerings and analytical standards while mentoring junior staff. The position requires 15 or more years of experience in FERC ratemaking and regulatory matters, demonstrated leadership of ROE and Cost of Capital analyses, and direct expert-witness or testimony-sponsorship experience. A bachelor's degree is required. Travel for hearings, client meetings, and regulatory proceedings in the United States and Canada is expected. The base salary range is $239,000–$350,000, depending on level and experience, plus an annual incentive compensation bonus. The firm offers a comprehensive benefits package and an opportunity to become a shareholder in the employee-owned firm.

Requirements

  • 15 or more years of experience in FERC ratemaking and regulatory matters.
  • Demonstrated experience leading ROE and Cost of Capital analyses for electric transmission and/or natural gas pipelines.
  • Direct experience serving as an expert witness or sponsoring testimony in proceedings.
  • Strong written and oral communication skills, including presenting complex positions to regulators, attorneys, and senior executives.
  • Ability to operate independently while collaborating effectively in team environments.
  • Strong attention to detail, organization, and professional judgment.
  • Willingness to travel for hearings, client meetings, and regulatory proceedings in the United States and Canada.
  • Bachelor’s degree required.

Nice To Haves

  • Experience gained through consulting, an investor-owned utility, a regulatory agency (including former FERC or state commissions staff), and/or a Big 4 or similar professional services firm.
  • Bachelor’s degree in Economics, Finance, Accounting, Mathematics, or a similar field preferred.
  • Master’s degree, MBA, or PhD strongly preferred.

Responsibilities

  • Lead and review cost-of-capital and return-on-equity analyses for electric transmission and/or natural gas pipeline clients.
  • Advise clients on rate filings, compliance filings, settlements, and contested proceedings before agencies and commissions.
  • Serve as lead or sponsoring expert witness in ROE and Cost of Capital proceedings.
  • Prepare and defend written testimony, exhibits, workpapers, and discovery responses.
  • Provide expert analysis and testimony and support litigation strategy in coordination with internal teams, external counsel, and client leadership.
  • Participate in hearings, settlement negotiations, and technical conferences.
  • Lead multidisciplinary consulting teams and manage complex engagements from scoping through final deliverables.
  • Advise utility executives on relevant topics.
  • Contribute to business development by leveraging professional relationships, regulatory credibility, and expert reputation.
  • Help shape and develop Concentric’s ROE and Cost of Capital offerings, mentor junior staff, and strengthen analytical standards.
  • Travel for hearings, client meetings, and regulatory proceedings in the United States and Canada.

Benefits

  • Health insurance
  • Dental insurance
  • Vision insurance
  • 401(k) with company match
  • Flexible spending accounts
  • Health Savings Account with company seeding
  • Extensive paid time off programs
  • Tuition reimbursement
  • Learning, development, and training for continual career growth
  • Annual incentive compensation bonus
  • Opportunity to become a shareholder in the employee-owned firm
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