2022 Exelon Hiring Update
Our hiring process looks a bit different today as a result of the COVID-19 pandemic, with virtual interviewing and other solutions in place to facilitate proper social distancing, we remain focused on powering possibilities for new talent who are ready to join us in making a difference.

Exelon was recently separated into two publicly traded companies, Exelon and Constellation. Exelon is the parent company for our fully regulated transmission and distribution utilities, delivering electricity and natural gas to more than 10 million customers. Constellation is the largest supplier of clean energy and sustainable solutions to homes, businesses and public-sector customers across the continental U.S., backed by more than 31,000 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas and hydro assets. If you are looking for career opportunities in commercial, generation or home services, please visit jobs.constellationenergy.com for more information.

Sr Business Analyst

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Location: WASHINGTON, DC, United States
Organization: Potomac Electric Power Co
Job ID: 243761
Date Posted: Nov 26, 2022
Job: Accounting & Finance

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Job Description

Description

Be a part of something powerful at America's leading energy provider!

At Exelon, our people are the heart and soul of our business. Whether it's powering lives, supporting communities or collaborating with colleagues, an Exelon employee is talented, compassionate, forward-thinking and inspired. We are a Fortune 200 company united by our values and shared vision for a cleaner and brighter future. We encourage curiosity, value diverse perspectives and we never stop looking for ways to be, work and do better. We know the future is in our hands. That's why we're looking for people like you, who have the power to make a difference.

As the nation's largest utility company, we serve more than 10 million customers through six fully regulated transmission and distribution utilities -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). All 18,000 of us are committed to delivering safe, reliable and affordable energy to our customers, strengthening our communities, supporting a clean energy future and reducing our impact on the changing climate.

Our people are empowered to evolve and advance their careers in an open and inclusive environment. We pride ourselves on being the kind of place where people want to come, stay and grow -- whether that's in the role and path they start in or in new and exciting career opportunities across our business. We know that investing in our employees' futures strengthens ours, which is why we offer competitive compensation, incentives, opportunities for career path changes, and health and retirement benefits.

PRIMARY PURPOSE OF POSITION

Assist in the preparation and maintenance of Revenue Requirement functions and special projects, including retail or wholesale regulatory filings and the strategic preparation of alternative cost recovery regulatory mechanisms. This function assists in the development, execution, 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. Apply analytical skills as well as a working knowledge of accounting, financial and legal concepts, to ensure adherence to regulatory filing requirements for distribution, transmission, supply or surcharge rate proceedings, including the preparation of testimony for cost-recovery witnesses. Preparation of compliance-related matters related to distribution, transmission, supply or surcharge revenue requirements.


PRIMARY DUTIES AND ACCOUNTABILITIES

  • Prepares and assists with preparation of regulatory filings for new tariffs or revisions to existing tariffs for the provision of retail electric services. Prepares and submits informational filings containing prices for retail electric services determined pursuant to formulae and related provisions in approved tariffs and the associated work papers supporting the determination of these prices. (20%)
  • Provides quality assurance and recommendations in the review/referencing of a wide variety of analyses and information produced by the department using analytical and attention to detail skills. (15%)
  • Collaborates in the development and preparation of cost of service studies. Performs specialized analyses within such studies for other's use utilizing analytical skills. (15%)
  • Performs and reviews analyses related to rate design and pricing of retail electric services, including preparing typical bill reports, bill impact studies, and related reporting requirements for filing with regulatory agencies and for external communications related to retail rate proposals. Develops computerized methods for use in analyses. (15%)
  • Reviews new tariffs and revisions to existing tariffs for retail electric services, including drafting tariff language. Responds to inquiries regarding the design and application of rates for the provision of retail electric services to organizations within the Company. (15%)
  • Prepares and reviews responses to data requests in regulatory proceedings and required reports to regulatory bodies. (10%)
  • Assists other areas in the Company in developing procedures and communications related to new tariffs and revisions to existing tariffs. (10%)


JOB SCOPE

  • Performs and reviews analyses related to the calculation of a utility’s revenue requirement, including incorporation of short-term and long-range business planning. Conduct modeling, forecasting, trending, variance analysis, business case development, and other financial and operational analysis, and related reporting requirements for filing with regulatory agencies and for external communications.
  • Perform analysis of the operation's cost elements and key performance indicators (KPIs) to ensure effective and efficient operations.
  • Develop, organize, and present detailed performance reports and ad hoc studies for both internal and external use.
  • Contact with other business units and outside parties requires comprehensive written and oral communications, initiative, judgment and appropriate course of action. Tact, persuasiveness, and perseverance must be utilized.
  • Participation as the department representative on various cross-functional Company projects.
  • May develop, implement, evaluate, or lead projects or initiatives (e.g., business plan or process improvement initiatives).

Qualifications

MINIMUM QUALIFICATIONS

  • BA or BS degree and 5 � 8 years relevant experience, with a minimum of 2 � 4 years in Company areas relating to finance, regulatory activities, or retail rate application, OR in lieu of bachelor's degree, 9 � 12 years of relevant experience is required.
  • Proficiency in word processing, spreadsheet, and presentation programs
  • Strong analytical and detail orientation skills on a diverse range of subject matter
  • Strong written and oral communication skills
  • Ability to work independently and in team settings with minimal supervision


PREFERRED QUALIFICATIONS

Degree in business, accounting, economics, or financial discipline.

 

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