American Water · 15 hours ago
Senior, Regulatory Analyst
Sacramento, CA
Full-time
Onsite
Mid, Senior Level
$71K/yr - $118K/yr
5+ years expAmerican Water is a leading company in the water utility sector, and they are seeking a Senior Regulatory Analyst to support financial analysis and compliance reporting for state and operational business partners. The role involves preparing regulatory reports, managing rate applications, and providing technical solutions on national issues.
ConsumerWaste ManagementWater
Responsibilities
Prepares revenue requirement calculations and progressively assumes responsibility for increasingly complex functional areas, with the goal of ultimately owning end‑to‑end complex revenue requirement development
Serve as first level resource for various department or functional issues which may be related to customer service, billing, tariff administration, operational excellence regulatory compliance, etc. Answer routine rate and regulatory inquiries and assist in recognizing and troubleshooting larger problems
Lead tariff update efforts related to regulatory filings, ensuring regular maintenance and accuracy of rate related tariff pages. Communicate updated tariffs to the appropriate functional areas (i.e., tariff administration, CSO, business development, communications, operations, etc.) and verify correct rates are input into the customer billing system
Prepare analysis that supports operational/state business partners in the filing of base rate cases and alternative regulatory mechanisms (Step Rates, RAC, trackers, etc.). Ensure the financial support is complete, accurate and timely prepared meeting all filing deadlines
Support the end-to-end preparation and development of the pro forma adjustments that are relied upon to support base rate case requests and alternative regulatory mechanisms
Support the accurate preparation of rate case support schedules, testimony and exhibits for increasingly more complex issues. Prepares written testimony (written and oral) and sponsors more complex adjustments in rate filings
Assists with technical solutions and analysis on national issues
Prepares responses to interrogatories for schedules and exhibits they own
Prepares financial support that is relied upon by Company consultants in areas such as: cost of service studies, return on equity, capital structure, depreciation studies, service company costs, Lead/Lag studies, etc
Prepares routine regulatory compliance filings, responses to ad hoc requests from regulators, compliance requirements from public utility commission orders
Analyze utility applications, reports, financial records, and cost studies
Provides research and comparative analyses of public utility issues, rate analysis, trends and best practices
Maintains and supports the use of SharePoint to drive efficiencies and develop best practices
Measures and assesses activities to drive continuous process improvements
Conduct periodic meetings with key Customer associates to prepare and organize for rate filings
Qualification
Required
Bachelor's degree in economics, finance, accounting, business or a closely related field or an equivalent combination of education and experience
Five to seven years of pertinent technical experience
Economic principles relating to utility rates and cost analysis
Fundamental accounting concepts and understanding of analytical concepts for financial analysis as well as US GAAP accounting practices
Data collection, research, statistical and cost analysis
Business report writing, preparation and delivery of presentations
Audit, review and analyze business and financial records
Execution and analysis using company business technologies
Microsoft Office Suite (MS Word, PowerPoint, Excel) with particular expertise in Microsoft Excel
Must have the ability to review data and make appropriate decisions regarding public utility operations and to project future revenues, sales, usage, and customer trends
Preferred
MBA in Accounting or Finance
Utility industry experience
Working knowledge of SAP
CPA, CMA or other technical license
Benefits
401(k)
Defined Contribution Plan
Employee Stock Purchase Plan
Medical
Prescription
Dental and vision coverage
Disability
Paid time off
Life insurance
Voluntary benefits
Health and wellness programs
Company
American Water
American Water is a waste water utility company.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$900.57MKey Investors
Water Research Foundation
2024-02-21Grant· $0.57M
2023-06-27Post Ipo Debt· $900M
2017-11-29Post Ipo Equity
Leadership Team
John Griffith
President and Chief Executive Officer
Susan N. Story
President & Chief Executive Officer
Recent News
Company data provided by crunchbase