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Location: OAKBROOK TERRACE, IL, United States
Organization: ComEd
Job ID: 228638
Date Posted: Jan 9, 2021
Description
At Exelon, we've got a place for you!PRIMARY PURPOSE OF POSITION
Act to provide data and analytical support for
specific segments of regulatory filings and/or audits. The Revenue Policy
function is to plan, coordinate, recommend and support revenue requirement
strategies for timely development of filings, along with responding to
informational and audit requests from internal and external parties.
Assist with research and analysis of accounting,
tax and financial issues associated with regulatory matters. Effectively
communicate the analysis to appropriate management.
Apply critical analytical skills in the
preparation of regulatory data filing requirements for rate case (distribution
and transmission) proceedings. Assist in the drafting of witness testimony and
prepare responses to discovery (data) requests of regulators and external
parties.
Monitor regulatory hearings, proceedings and
meetings (of ComEd and other utilities). Prepare and analyze impacts of
potential outcomes as requested.
Position may be required to work extended hours,
including 24 x 7 coverage during storms or other emergencies.
PRIMARY DUTIES AND ACCOUNTABILITIES
Accountability
- Assist with data analysis for specific
segments of regulatory filings and/or audits. Prepare analysis for strategic
options to facilitate timely cost recovery through the generation of regulated
revenue. Provide data and supporting analyses in the development of rate
filings, including responses to information requests.
- Assist with accounting, tax, financial,
economic and other quantitative and qualitative analyses of regulatory matters.
Responsibilities include research, analysis, monitoring and the preparation of
appropriate written and oral reports for management.
- Provide data and support for the preparation
of written testimony, regulatory audits and post-filing implementation
requirement activities.
- Support and monitor regulatory hearings,
proceedings and meetings. Assist in the analyses of accounting and financial
impacts on the company of potential outcomes. Assist with preparation of
appropriate reports to management identifying issues and suggesting appropriate
actions to address issues raised by commission decisions and rulemakings.
POSITION SPECIFICATIONS
Minimum:
- BS or BA in a quantitative field such as
Business, Economics, Finance, Accounting or Engineering.
- Five or more years electric and/or gas utility
experience, primarily in the regulatory, rates, accounting, financial, or
strategic planning areas.
Preferred:
- Advanced degree in Accounting, Finance,
Business, Economics or CPA
- Seven or more years of utility experience with
five or more years of experience with regulatory filings.
Qualifications
POSITION SCOPE
- This position has a direct impact on the utility’s ability to successfully implement its regulatory strategy for revenue generation, cost recovery and earnings protection.
- The position has significant internal interrelationships. Key internal relationships include regulatory, finance, accounting, treasury, and legal, as well as other operational and support groups within ComEd and Exelon Business Services Company. The position requires an ability to work effectively in cross-functional teams to provide support for various company initiatives. In addition, the individual is regularly called upon to provide data and analyses to company personnel with regards to complex regulatory issues.
- The position requires that it be a trusted and reliable conduit of information to, and feedback from, the regulatory areas that impact the Company. In doing so, the position may interface with regulatory staff and external consultants requiring cooperation, tact, diplomacy and excellent judgment to further the company’s credibility, image and business objectives.
- Work is complex in nature, and involves both technical and creative skills and an attention to detail, in order to quickly assimilate and implement new regulatory concepts under tight time constraints. At certain points in time, the position requires extended hours to prepare regulatory filings.
- Generally operates with minimal supervision.