What are the responsibilities and job description for the Principal Rates Analyst position at Consumers Energy?
Join the diverse and dynamic team that powers Michigan's largest energy provider and one of the nation's largest gas and electric combination utilities. Consumers Energy services 6.8 million of Michigan's 10 million residents - caring for our friends and neighbors in all 68 Lower Peninsula counties. We embrace a cleaner and leaner utility vision focused on eliminating energy waste and adding renewable energy from sources such as wind and solar.
LOCATIONThis position is hybrid (virtual/onsite) with onsite requirements on Monday, Tuesday and Thursday and preferred assigned to One Energy Plaza located in Jackson, MI but other Consumers Energy locations may be considered as well. The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).
SUMMARY OF JOB RESPONSIBILITIESThe Principal Rates Analyst oversees, monitors, reviews, and evaluates laws and regulations that impact the utilities business practices and regulatory filings. The incumbent will develop highly complex analysis and performs related studies and models. Responsible for leading, developing and maintaining an analysis of utility regulatory filings for both gas and electric utilities. The Principal Rate Analyst will review highly complex utility filings with public utility commissions
ESSENTIAL DUTIES & RESPONSIBILITIES- May have responsibilities to drive internal customer communications based on proposed tariff changes
- Responsible for monitoring public utility commissions for changes in regulatory policies and procedures that could impact the filing of utility rate cases covered and determining course of action
- Perform highly complex electric marginal and embedded cost of service studies with all required special studies
- Drive partnership with other departments to assure cross-functional alignment
- Oversee the creation of technical and cost analysis required to develop and gain approval for filings
- Update highly complex rate case exhibits and assisting in preparing testimony for filings
- Responsible capturing key metrics on highly complex utility and/or regulatory rate filings which may include tracking docket numbers for the filings, authorizing return on equity, capital structure, requesting and approving rate base, and the changes in expected customer rates
- Other duties as assigned or may be necessary
- Demonstrated ability to summarize legal documents
- Demonstrated analytical and problem-solving abilities
- Knowledge of accounting and finance principles
- Strong demonstrated verbal and written communication skills
- Demonstrated experience in Excel and PowerPoint
- Demonstrated experience with strong skills in MS Word
- Ability to coach and mentor junior analysts
- Ability to compile, manage and utilize large data sets in Excel and other data management software and systems
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- Bachelor's degree in Finance, Accounting, Political Science, Law or Engineering with a minimum of seven (7) years' experience creating executive level PowerPoint and other communications, developing levelized cost, cost benefit and other investment analyses, drafting briefs, managing documentation, etc.
- [OR] Associate degree in Finance, Accounting, Political Science, Law or Engineering with a minimum of nine (9) years' experience creating executive level PowerPoint and other communications, developing levelized cost, cost benefit and other investment analyses, drafting briefs, managing documentation, etc.
- [OR] High School Diploma with a minimum of eleven (11) years' experience creating executive level PowerPoint and other communications, developing levelized cost, cost benefit and other investment analyses, drafting briefs, managing documentation, etc.
- Bachelor's degree in Finance, Accounting, Political Science, Law or Engineering with a minimum of seven (7) years' experience creating executive level PowerPoint and other communications, developing levelized cost, cost benefit and other investment analyses, drafting briefs, managing documentation, etc.
Why should you join our team?
At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.
What we offer:
- Competitive compensation packages
- Medical, Dental and Vision
- 401k with company match
- Paid parental leave
- Up to 13 paid Holidays
- Paid time off
- Educational Assistance Program
Diversity, Equity & Inclusion:
We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don't discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women's Advisory Panel (WAP), Women's in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capable, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, sexual orientation, gender identity or national origin.
