Join our Talent Network
Talent Network
Skip to main content

Regulatory & Finance Principal Analyst

Location: Grimes, IA, United States
Job ID: 34313
Date Posted: Aug 26, 2022
Salary: $87600 to $144400 annually

Job Description

Job Specifications

Support the manager as a key financial and regulatory business partner to state leadership and functional areas across BHC. Support the development, analysis, and interpretation of financial forecasts, including budgets and strategic plans. Support the preparation of variance analyses against budget and prior years. 

SALARY RANGE:   $87,600 - $144,400 (Determined by the knowledge, skills and abilities of the candidate)

REPORTING RELATIONSHIP:   Regulatory & Finance Manager

LOCATION:   Grimes, Iowa

  • A comprehensive relocation package is offered for this position! Details about this package will be shared during the interview and offer process. 

ESSENTIAL JOB FUNCTIONS:

  • Develop models for the evaluation of new business alternatives that incorporate analysis of the key variables.
  • Develop, analyze and maintain the financial plan (budget and strategic plan) which can be used as a basis for variance analysis against actuals.
  • Develop and maintain logical and flexible financial models that produce a full set of financial statements utilizing existing tools and software in an efficient manner.
  • Evaluate the accuracy of forecast vs. actual results and refine process to the point that it serves as an instrument of financial control in the close process and guides and supports business decisions.
  • Assist manager to partner with operations to strategize, prepare, and analyze strategic plan, budget, forecasts, and reports.
  • Perform financial and operational calculations regarding metrics based on key business drivers that provide necessary insight to assist management’s business decision making.
  • Provide information and support disclosure requirements in SEC and Regulatory filings as requested.
  • Support the development of regulatory policies and initiatives that support business strategies, including the development and filing of rate case applications.
  • Support state regulatory process by interpreting financial data and information including 5 year planning on rate case strategies.

ADDITIONAL RESPONSIBILITIES:

  • Assist in the preparation of expert testimony and provide expert testimony as directed in filings and regulatory reviews before Commissions.
  • Provide accurate and timely support for regulatory filings 
  • Draft, support and implement tariff changes and/or new tariffs including test protocol and verifying changes as requested by manager. 

QUALIFICATIONS:

  • Minimum of (7) seven years of finance, accounting, regulatory related or equivalent background required.  
  • Bachelor’s degree in Engineering, Business, Accounting, Finance, Economics or relevant field, or an equivalent combination of education and experience required.

KNOWLEDGE/SKILLS/ABILITIES: 

  • Advanced understanding of utility operations and a basic understanding of regulatory/ratemaking processes and their accuracy within forecasts.
  • Knowledge of accounting and financial concepts including internal controls.
  • Experience working with a large accounting, budgeting or statistical software systems
  • In-depth knowledge of financial statements and how they drive the business. 
  • Proficiency in Microsoft Excel. 
  • Working understanding of utility operations and a basic understanding of regulatory/ratemaking processes and their accuracy within forecasts. 
  • Ability to develop and maintain project schedules.
  • In-depth knowledge of return on investment calculations and cost of capital calculations.
  • Self-motivated with excellent organizational skills and the ability to handle multiple projects effectively in a dynamic, fast-paced environment while meeting deadlines. 
  • Exemplary interpersonal, verbal and written communication skills; ability to prepare and give presentations to external stakeholders as well as provide expert witness testimony at a hearing.

MENTAL/PHYSICAL DESCRIPTIONS AND WORKING CONDITIONS:
The mental and physical descriptions are representative of the activities an employee in an office job performs. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Mental description: Understand, remember, apply oral and/or written instructions or other information, and communicate routine factual information. Apply common sense in performing job functions, usually within a set of rules or guidelines.

While performing the duties of this job, the employee continuously accesses, inputs, and retrieves electronic information and communicates regarding the information. Employee frequently moves about the office space. Employee must be able to operate routine office equipment including computers and similar equipment. Must be able to routinely perform this work for an average of 6-8 hours per day and occasional extended hours as necessary. Must be capable of regular, reliable, and timely attendance.

Specific lifting abilities required by this job include: Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or continuously to lift, carry, push, pull or sitting most of the time. Jobs are sedentary if moving about is only occasionally and all other sedentary criteria are met.

Work environment: Routinely perform work indoors in climate-controlled shared work area with moderate noise level. Willing to travel occasionally (less than 10 days per year) by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities. Must have proper licensing to operate a motor vehicle.

This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.


About our Company: We are a customer, growth and safety focused utility company that is dedicated to our communities. We improve life with energy as an energy partner of choice. Our diverse culture fuels unique perspectives, opening doors to new insights and possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3 million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas).

Enjoy our Comprehensive Benefits Package!  Annual incentive program, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, paid time off, additional Veteran PTO, paid holidays and annual floating holidays, company paid short term and long term disability, paid parental leave, health and wellness program, and competitive medical, dental and vision insurance.

Candidates must successfully pass a pre-employment drug screen and background check. 

Black Hills Energy does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or status as a protected veteran.

Wage: 87600 to 144400
Share: mail