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Regulatory & Finance Senior Manager

Location: Rapid City, SD, United States
Job ID: 34460
Date Posted: Oct 25, 2022
Salary: $105050 to $173450 Annually

Job Description

Job Specifications

Manage all aspects of the financial process for assigned function in order to achieve success for the customer and company. Partner and lead internal forecasting processes from a consolidated view for the internal financial organization.  Manage the development of regulatory policies and initiatives that support business strategies, including the development and filing of rate case applications. Run the preparation, presentation, and reporting of information for internal decision-making and filings with the appropriate Commissions and/or regulatory body. Serve as a key financial business partner to state leadership and functional areas across the company. Handle the development, analysis, and interpretation of financial forecasts, including budgets and strategic plans. Direct variance analyses against budget and prior years. Provide testimony in filings and regulatory reviews before Commissions, if required.

SALARY RANGE:    $105,050 - $173,450  (Determined by the knowledge, skills and abilities of the applicant.)

REPORTING RELATIONSHIP:     Director of Finance

LOCATION: Our Corporate Headquarters in Rapid City, South Dakota

  • 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:

  • Coordinate and lead internal financial plan processes for financial team members – providing guidance over target dates, expectations and responsibilities; lead monthly financial forecasting processes and monthly analyses of financial results.
  • Develop and maintain logical and flexible financial models that produce a full set of financial statements using existing tools and software in an efficient manner.
  • Evaluate 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.
  • Partner with operations to strategize, prepare, and analyze strategic plan, budget, forecasts, and reports.
  • Produce financial and operational metrics based on key business drivers that provide necessary insight to assist management’s business decision making.
  • Assist in identifying and evaluating the profitability and strategic compatibility of new services and special programs.
  • Drive continuous improvement of financial analysis, reporting, forecasting, budgeting and planning.  
  • Strategically partner with operations and corporate organizations on budget completion and strategies.
  • Review financial reporting on the Company’s financial press releases, SEC filings, fuel cost recovery filings, and annual regulatory reports.

ADDITIONAL RESPONSIBILITIES: 

  • Establish and maintain effective internal controls.
  • Support efforts to respond to customer service issues to the commissions.
  • Exercise management authority concerning staffing, development, performance appraisals, promotions, salary recommendations and terminations in accordance with company policies and laws.  

QUALIFICATIONS: 

  • Minimum of (7) seven years of related Regulatory, Economic, Finance, Legal, Accounting and/or Operational experience required. 
  • Bachelor’s degree in Engineering, Business, Accounting, Finance, Economics or related field, or equivalent combination of education and experience is required. 

KNOWLEDGE/SKILLS/ABILITIES: 

  • Strong enterprise leadership skills, as this position requires the individual to delegate, monitor, and review assignments as well as mentor staff to higher levels of performance.  
  • Ability to partner with many different levels of the organization and inspire change to improve financial foresight at all levels.
  • Strong problem solving and analytical skills.
  • In-depth knowledge of financial statements and how they drive the business. 
  • Strong quantitative and analytical skills, and the ability to perform sophisticated analysis.
  • Self-motivated with excellent organizational skills and the ability to prioritize multiple projects effectively in a dynamic, fast-paced environment. 
  • Exemplary interpersonal, verbal and written communication skills; ability to prepare and give presentations to external partners as well as provide experienced witness testimony at a hearing.
  • Ability to maintain strict confidentiality of business information.
  • Ability to make decisions and operate independently with respect to complex issues and business requirements.
  • Recommend and implement process and technology improvements.

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. Understand complex problems and to collaborate and explore alternative solutions. Make decisions which have significant impact on the immediate department.

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 up to 10% (e.g., 2 days/month) by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities. Travel will be necessary to conduct the duties of this job and the employee 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 discretionary bonuses, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, generous paid time off benefits, including paid holidays and parental leave, company paid life insurance and disability benefits (short and long term), an employee assistance program and well-being benefits, 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: 105050 to 173450
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Rapid City, South Dakota
You'll find that it is the ideal community to live, work and do business in. With hiking trails, the Black Hills, Mount Rushmore and Badlands National Park in your backyard, there are endless opportunities to enjoy nature.

Regulatory & Finance Senior Manager

Rapid City, SD, United States