Rate Analyst

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 preparation of cost recovery regulatory mechanisms.  This function assists in the development, execution, and support of the Company’s distribution or surcharge rate revenue requests internally through preparation of the cost of service studies and data reporting requirements for regulatory filings.  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. Position may be required to work extended hours.

PRIMARY DUTIES AND ACCOUNTABILITIES

• Preparation of cost of service studies. Utilizes analytical skills and working knowledge of regulatory, ratemaking, accounting, and financial concepts to analyze inputs and resulting output for multi-department use. Performs analyses within cost of service studies for internal Company use. (25%)
• Provide analytical and organizational focus in the preparation of rate case filing documents, using strong analytical background and skills.  Prepares responses to data requests in regulatory proceedings and required reports to regulatory bodies. (25%)
• Assist in the Company's compliance with regulatory filing requirements of revenue and cost data for rate-related matters through continuous application of working knowledge of regulatory, ratemaking, accounting, financial and legal concepts and standards unique to the utility industry. (25%)
• 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. (25%)

JOB SCOPE

This is an individual contributor position that woks under general supervision and frequently performs non-routine work. This position is expected to resolve most questions and problems through interaction with internal stakeholders across the organization. On occasion, may mentor less experienced colleagues. Requests for information or analyses are usually performed independently and are subject to review. 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 on various cross-functional Company projects. Work is somewhat diversified in nature but consists of generally related activities. Decision making authority is related to the completion of projects and assignments. Initiative and judgment are required in determining appropriate courses of action. Work involves the use of computer word processing at an average proficiency level and the use of spreadsheet, and database applications at an advanced proficiency level.

Qualifications

MINIMUM QUALIFICATIONS

• BA or BS degree and 2 - 5 years relevant experience, OR in lieu of bachelor's degree, 6 -10 years of relevant analytical and customer service experience is required.
• Proficiency in word processing, spreadsheet development, and presentation programs.
• Strong analytical and detail orientation skills on a diverse range of subject matter.
• Customer driven with good oral and written communications skills and general analytical, problem solving and project management skills.
• Strong relationship building, negotiation aptitude and customer service orientation.

PREFERRED QUALIFICATIONS

Degree in finance, accounting, business, or economics discipline