Job Description:

Diversity of backgrounds, ideas, thoughts, and experiences is vital to our culture and the way we do business.  Creating an environment where differences are embraced and where every person feels engaged and included makes us safer, stronger, and more successful.

With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company.  The company employs more than 7,000 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to 15 million people in 46 states.  American Water provides safe, clean, affordable and reliable water services to our customers to help make sure we keep their lives flowing.  For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.

Primary Role

Leads the end-to-end preparation and development of financial analysis and the compliance reporting requirements for multiple states to support state/operational business partners in the most complex rate and regulatory matters. Owns the completion of exhibits, work papers, interrogatories in a timely and accurate fashion for rate case filings and alternative mechanism filings. Sponsors written testimony for regulatory filings. Leads the preparation of regulatory reports, financial information and operational data necessary for filings with state regulatory commissions. Also provides the most complex technical solutions and analysis on national issues. Owns the calculation of the revenue requirement for the most complex regulatory filings.

Key Accountabilities

• 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.


• Own the end-to-end preparation and development of the most complex pro forma adjustments that are relied upon to support base rate case requests and alternative regulatory mechanisms.


• Prepare accurate rate case support schedules, testimony and exhibits for complex issues.


• Prepares written testimony (written and oral) and sponsors complex adjustments in rate filings.


• Provides technical solutions and analysis on national issues.


• Prepares responses to interrogatories for schedules and exhibits they own and assists and mentors regulatory analysts in their development.


• Prepares the revenue requirement calculation. Able to complete the most complex revenue requirement calculations.


• Develops and delivers the most complex 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 complex filings that respond to requests from the Commission or comply with regulatory compliance requirements from previous Orders.


• Analyze complex utility applications, reports, financial records, and cost studies.


• Provides research and comparative analyses of most complex public utility issues, trends and best practices.


• Ensures regulatory filings are appropriately filed on the regulatory SharePoint site.


• Identifies and leads activities to drive continuous process improvements.


• May be responsible for the supervision of staff, could include hiring of the staff, goal/objective setting, performance management and career development planning.

Experience/Education

• Seasoned professional with five plus years of prior experience in the utility industry and/or shared service or multi-company corporation.


• 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.


• MBA in Accounting or Finance preferred.


• CPA, CMA or other technical license a plus.

Travel Requirements

Up to 5%.

Competencies

Champions safety

Customer obsessed

Cultivates innovation

Nimble learning

Drives Results

Collaborates

Join American Water...We Keep Life Flowing™

American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because he or she is an individual with a disability, protected veteran or other status protected by federal, state, and local laws.

 

Apply Now