What are the responsibilities and job description for the Manager, Revenue Requirements position at Eversource Energy?
We have a unique opportunity to join our regulatory team as a Manager, Revenue Requirements.
Job Description
The role of a Manager, Revenue Requirements is a non-traditional accounting/finance role where you will be working cross-functionally to support regulatory filings submitted to the New Hampshire Public Utilities Commission (NH PUC) and the Massachusetts Department of Public Utilities (MA DPU).
- You will be responsible for a 3–5 person team reconciling revenues and expenses used in various cost tracking mechanisms.
- You will prepare schedules to be included in distribution regulatory rate filings for the Eversource electric and gas operating companies of New Hampshire and Massachusetts.
- You will play a key role in driving regulatory strategy, supporting information requests and questions received from the NH PUC, MA DPU, MA Attorney General's Office (AGO), and the NH Office of the Consumer Advocate (OCA) and other stakeholders, while testifying as an expert company witness or supporting other expert witnesses testifying to each filing.
Essential Functions:
- Direct the preparation of filings to state public utilities commission.
- Manage and coordinate the preparation of financial and accounting filing materials (testimony, supporting schedules, and other exhibits) required in order to defend the Company's regulatory proposals.
- Develops analysis or oversees the development of analysis that will support the filings in an ethical manner.
- Manages the preparation of cost-of-service filings that support a reasonable rate of return to investors, including filings related to periodic reconciling mechanisms as well as base rate cases.
- Develops project plans and timelines, leads multi-functional teams through the drafting of filing material, prioritizes tasks, resolves disagreements, and ensures timelines are met.
Qualifications:
- Demonstrated leadership ability and strong analytical and problem-solving skills.
- Able to assess situations and reach conclusions objectively.
- Knowledge and experience of utility ratemaking theories and processes.
- Strong knowledge of basic accounting theory and financial principles.
- Strong knowledge, experience, and demonstrated ability in areas of financial reporting and analyses.
Preferred Knowledge/Experience:
- Application of revenue requirements theory as well as the applicable regulations pertaining to Eversource cost tracking mechanisms.
- Understanding of deferred accounting principles for public utilities.
- Understanding of the concepts related to rate base and operating income as they pertain to the Companies' return on equity.
