Mgr Revenue Requirements ACE/DPL

Location: Newark, DE, United States
Organization: PHI Service Company
Job ID: 221597
Date Posted: Sep 17, 2019

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Job Description

Description


At Exelon, we've got a place for you!

Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.

Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.

Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!

PRIMARY PURPOSE OF POSITION

This role will manage the ACE and DPL distribution revenue requirements team of analysts. Responsible for calculating distribution revenue requirements in ACE and DPL rate cases, and supporting them as an expert witness. Also responsible for other regulatory filings and ad hoc analyses.


Develop and manage Revenue Requirement functions and special projects, including retail or wholesale regulatory filings and the strategic review of alternative cost recovery regulatory mechanisms. This function assists in the planning, development, recommendation and support of the strategic policies and positions for distribution, transmission, supply or surcharge rate revenue requests internally before Exelon key senior management and externally before state or federal governmental agencies, as appropriate. This function may include the responsibility for testifying on the Company’s behalf as a witness in litigated regulatory proceedings.



Develop and implement the Company’s strategic regulatory options beyond the traditional revenue requirements. Collaborate with internal and external stakeholders to define creative regulatory infrastructures and alternative regulatory approaches that further the Company’s positions on matters encompassing strategy, policy and operations.

 

Apply critical analytical skills as well as possessing an in-depth working knowledge of regulatory, ratemaking, accounting, financial and legal concepts unique to the utility industry, to ensure adherence to regulatory filing requirements for distribution, transmission, supply or surcharge rate proceedings, including the preparation of testimony.

 

Manage compliance-related matters related to distribution, transmission, supply or surcharge revenue requirements.


 

Position may be required to work extended hours, including travel, as well as provide 24 X 7 coverage during storms or other energy delivery emergencies.



PRIMARY DUTIES AND ACCOUNTABILITIES

Accountability

- Manage certain regulatory filings and specific segments of larger regulatory proceedings (e.g. distribution base rate cases). Plan, coordinate and manage the implementation of aspects of the filings so as to facilitate timely cost recovery through the generation of regulated revenue. This duty includes the provision of guidance and recommendation to appropriate management and other departments in the development of filings and positions on, and responses to, related information requests. Manage related activities of the regulatory and cross-functional staff as assigned. 

- Evaluate, plan, analyze and support the strategic and tactical aspects of the Company’s regulated distribution, transmission, supply or surcharge revenue requests in litigated proceedings as well as settlement efforts. 

- Manage activities of staff regarding distribution, transmission, supply or surcharge revenue requirement activities, including leading, coaching and developing staff. 

- Act as an expert witness before state and/or federal governmental agencies, as appropriate, and in litigated proceedings. Provide expert testimony and/or coordinate the preparation of testimony by other witnesses on behalf of the Company on regulatory issues. 

- Ensure Company’s compliance with regulatory filing requirements of revenue and cost data for rate-related matters through continuous application of in-depth working knowledge of regulatory, ratemaking, accounting, financial and legal concepts and standards unique to the utility industry. 

- Analyze, interpret and communicate accounting and financial planning impacts due to regulatory commission rate case decisions and rulemakings regarding distribution, transmission, supply and surcharge revenue, ratemaking and cost recovery matters. 

- Participate on corporate committees and external organizations to develop improvements to regulatory and ratemaking infrastructure, comment on rulemakings and develop alternatives to existing regulatory requirements consistent with Exelon strategic and business objectives. 

POSITION SPECIFICATIONS

Minimum: 

- Bachelor’s degree in quantitative field, such as Accounting, Finance or Economics
- Eight or more years of relevant experience in areas such as Regulatory, Accounting, Finance and Strategic Planning
- Excellent written and oral communication skills that are essential to represent the Company internally and externally and to testify on behalf of the Company before regulatory agencies
- Highly effective personal skills to interface with other internal departments as well as across Exelon’s business units as well as state/federal commission staff and intervenors.
- Excellent financial, analytical, technical and strategic skills to direct and manage activities related to the evaluation of financial policies, positions and outcomes
- Knowledge of the regulatory processes for developing and prosecuting rate case and other cost recovery filings in the respective service territories
- Knowledge of revenue requirement and regulatory cost of service concepts
- Possession of a broad understanding of Exelon/energy delivery strategy and business practices
- Demonstration of high-level competencies in 1) accountability, 2) collaboration, 3) continuous learning and 4) high performance in ambiguous situations. 

Preferred: 
- Advanced degree in Accounting, Finance, Business or Economics
- CPA
- Experience interacting with senior management on regulatory, accounting, financial or strategic planning issues 

Qualifications


Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.

VEVRAA Federal Contractor

EEO is the Law Poster
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