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.

PLEASE NOTE:  In order for American Water to evaluate decisions about new regulations, reintegration, and safe operating practices, all employees are required to report their vaccination status.

Primary Role

Support the end to end preparation and development of the financial analysis and the compliance reporting requirements to support state/operational business partners in all rate and regulatory matters as they apply to revenue related rate case matters. Support the completion of revenue related exhibits, work papers, interrogatories, and writing testimony to sponsor in a timely and accurate fashion.  Assists with technical solutions and analysis on national issues.  Prepare revenue related regulatory reports, financial information and operational data necessary for filing complete and timely rate applications and reports to state regulatory commissions.

Key Accountabilities

• Prepare revenue related analysis that supports operational/state business partners in the filing of base rate cases and alternative regulatory mechanisms (surcharges, revenue stability, trackers, etc.). Ensure the regulatory support is complete, accurate and timely prepared meeting all filing deadlines.


• Support the end to end preparation and development of revenue related pro forma adjustments that are relied upon to support base rate case requests and alternative regulatory mechanisms.


• Support the accurate preparation of revenue related rate case support schedules, testimony and exhibits for increasingly more complex issues. Be prepared to develop written testimony (written and oral) and sponsor more complex adjustments in rate filings.


• Lead RA team in development of knowledge and skills related to rate case revenue issues.


• Act as rate case revenue subject matter expert for RA team members with rate case issues.


• Manage RA deliverables to meet rate case timelines. 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, rate design, revenue forecasts, customer forecasts, usage and sales forecasts, etc.


• Assist with preparation of regulatory compliance filings, responses to ad hoc requests from regulators, compliance requirements from public utility commission orders as they apply to revenue related matters.


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


• Maintains and supports the use of SharePoint to drive efficiencies and develop best practices.


• Measures and assesses activities to drive continuous process improvements.

Knowledge/Skills

• Detailed knowledge of:


• 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, PowerPoint, 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 revenues, sales, usage, and customer trends.

Experience/Education

• 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.


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  Five to seven years of pertinent technical experience with litigation or regulatory processes. Utility industry experience preferred.

  
  

Travel Requirements

• Up to 20%

Work Environment

• Standard office environment

Certifications & Licenses

• CPA, CMA or other technical license a plus.

Competencies

Champions safety

Collaborates

Cultivates innovation

Customer obsessed

Drives Results

Nimble learning

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 they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.

 

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