United States Job Openings
American Water
Sr. Regulatory Analyst
Belleville
FULL TIME
October 16, 2024
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.
As one of the fastest growing utilities in the U.S., American Water expects to invest $30 to $34 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities.
American Water has been recognized on the 2023 Bloomberg Gender-Equality Index for the fifth consecutive year, ranked 18th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s Water Sense® Excellence Award, among additional state, local and national recognitions.
For more information, visit amwater.com and join American Water on Linked In, Facebook, Twitter and Instagram.
Primary Role
Key Accountabilities
- Assist in the end-to-end preparation and implementation of acquisition proceedings, including rate calculations, rate impact analysis, escalation of potential issues as necessary.
- 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 (DSIC, 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 Share Point to drive efficiencies and develop best practices.
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Measures and assesses activities to drive continuous process improvements.
Knowledge/Skills
- 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, Power Point, 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 costs.
Experience/Education
- Five to seven years of pertinent technical experience. Utility industry experience a plus.
- Working knowledge of SAP a plus.
- Bachelor's degree in economics, finance, accounting, business or a closely related field or an equivalent combination of education and experience.
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MBA in Accounting or Finance preferred.
Certifications & Licenses
Work Environment
Travel Requirements
Other
Competencies
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