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Regulatory & Finance Analyst II

Location: Rapid City, SD, United States
Job ID: 34679
Date Posted: Apr 19, 2023
Salary: $73700 to $110600 Annually

Job Description

Job Specifications

In this role you will directly support the Regulatory and Finance Manager in timely and accurate reporting of financial data, including analyzing and providing financial reports and presentations required by Company management, operations, and external partners.  Prepares and assists in communicating information for filings with the appropriate Commissions and/or regulatory body and internal decision making. Responsible for the development, analysis, interpretation and communication of capital expenditures, development of operating budgets, strategic plans and forecasts, project analysis development as well as related comparative reporting tools.    

SALARY RANGE/GRADE: $73,700 - $110,600 (Determined by the knowledge, skills and abilities of the applicant.)

REPORTING RELATIONSHIP:   Regulatory and Finance Manager

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.


  • Use analytical skills to develop a solid understanding of various ratemaking policies and concepts, including cost of service, revenue requirements, cost allocation, rate of return, and regulatory accounting.
  • Acquire, analyze, and interpret Company financial and statistical data to be used in regulatory and financial reports, filings and studies.  Present analytical conclusions (orally and in writing) to management, and other partners in an organized, concise and timely fashion.
  • Actively participate in the development and preparation of annual budgets, strategic plans and financial forecasts. 
  • Support sophisticated data analysis to advise decision making, design and file financial models for concurrent cost recovery riders and adjustments clauses.
  • Coordinate the preparation of compliance reports for regulatory reporting and other collaborators needs.
  • Perform ad hoc financial analysis activities and provide analysis and interpretation of results to manager and upper management.
  • 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 on emerging regulatory rules and procedures, interpret results, and make recommendations that align with Company policies and initiatives.
  • 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. 


  • 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. 


  • Excellent user capabilities with MS Office software (proficiency in Word, Excel, Outlook and PowerPoint.  Experience working with database and collaborative software tools (FileNet, Sharepoint, etc.)  Exposure to Hyperion Essbase and Hyperion Planning a plus.
  • Strong quantitative and analytical skills, and the ability to perform sophisticated analysis.
  • Understanding of financial analysis.
  • Strong interpersonal and effective teamwork 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 ability to communicate difficult topics to various levels of financial and non-financial personnel.
  • Ability to demonstrate initiative and to work independently as well as with a team.
  • Ability to maintain strict confidentiality of business information.

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 for more information.   

Wage: 73700 to 110600
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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 Analyst II

Rapid City, SD, United States