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Regulatory & Finance Analyst II or Senior, Revenue Requirements

Location: Rapid City, SD, United States
Job ID: 34537
Date Posted: Nov 8, 2022
Salary: $71550 to $109280 Annually

Job Description

Job Specifications

In this role you will directly support the Regulatory and Financial Manager in timely and accurate reporting of all financial data, including analyzing and presenting financial reports. Support and assist in the preparation, presentation, and reporting of information for internal decision-making and filings with the appropriate Commissions and/or regulatory body. Support and assist in the development and filing of revenue requirement models for rate case applications. Build and maintain effective internal controls.  Support projects, analysis and research that support regulatory reports and compliance filings. Manage priorities and due dates in a fast-paced environment. 

SALARY RANGE: (Determined by the knowledge, skills and abilities of the applicant.)

  • Level II: $71,500 - $107,400
  • Senior Level: $84,050 - $126,100

REPORTING RELATIONSHIP: Senior Manager, Regulatory and Finance

LOCATION: Our Corporate Headquarters in Rapid City, SD   

  • 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:

  • Support all company efforts to ensure that the utilities within assigned jurisdiction(s) report accurate financial and operating information and receive adequate and timely recovery of its costs.
  • Obtain, analyze, and interpret Company financial and statistical data to be used in regulatory reports, filings, and studies. 
  • Use analytical skills to develop a solid understanding of various ratemaking policies and concepts, including revenue requirements, cost allocation, cost of service, rate of return, regulatory accounting, and the time value of money.
  • Prepare the financial analysis activities and provide the analysis and interpretation of results to manager and upper management in an organized, concise and timely fashion.
  • Develop and maintain written documentation of procedures for completing regulatory reports including management review.
  • Establish strong relationships across the company and with external partners to advance effective communication and coordination across departments and companies.
  • Prepare and support business-specific research, analyze data, interpret results and make recommendations that align with Company policies and initiatives.
  • Prepare and analyze reports for a variety of departments and external requests. Ensure information is accurate and presented in a useful and understandable format before timely distribution.
  • Perform assigned duties in a professional manner to facilitate the objectives and goals of the various internal task force groups to develop and implement the Company’s strategic action plans. 

ADDITIONAL RESPONSIBILITIES:

  • Support business-specific research, analyze data, interpret results, and make recommendations that align with Company policies and initiatives and serve as the foundation for the development of rate strategies.
  • Participate in various internal and external partner groups to develop and implement the Company’s strategic action plans.
  • Keep supervisor advised of project work status. 

QUALIFICATIONS:

Level II

  • Minimum of (3) three years of experience in finance, accounting, regulatory or related field required.
  • Bachelor’s degree in Engineering, Business, Accounting, Finance, Economics or related field of study required or equivalent combination of education and experience is required. 

Senior Level

  • Minimum of (5) five years of experience in finance, accounting, regulatory or related field required.
  • Bachelor’s degree in Engineering, Business, Accounting, Finance, Economics or related field of study required or equivalent combination of education and experience is required. 

KNOWLEDGE/SKILLS/ABILITIES: 

  • Excellent user capabilities with MS Office software (proficiency in Word, Excel, Outlook and PowerPoint). Experience working database and collaborative software tools (Workiva, FileNet, SharePoint, etc.) 
  • Strong quantitative and analytical skills, and the ability to perform complex analysis.
  • Understanding of financial analysis.
  • Strong interpersonal skills, Effective teamwork skills and excellent oral and written communication skills. 
  • Strong organizational skills with the ability to manage due dates and priorities effectively within a fast-paced environment. 
  • Ability to apply strong attention to detail while understanding and considering the overall vision. 
  • Excellent verbal and written communication skills with the ability to communicate difficult topics to various levels of financial and non-financial personnel.
  • Strong quantitative and analytical skills, and the ability to perform complex analysis.
  • Ability to demonstrate initiative and to work independently as well as with a team.
  • Ability to maintain strict confidentiality of business information.

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. No travel is required for this position.

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.  If you require reasonable accommodation, please visit  careers.blackhillsenergy.com for more information.   

Wage: 71550 to 109280
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Rapid City, South Dakota
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