Rates Analyst

September 16

🇺🇸 United States – Remote

🏖️ New Jersey – Remote

Although this job is listed in New Jersey, this company may be open to hiring remote in other states.

⏰ Full Time

🟡 Mid-level

🟠 Senior

🚔 Compliance

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FirstEnergy

WebsiteLinkedInAll Job Openings

Energy • Electricity

10,000+ employees

Founded 1997

⚡ Energy

💰 Post-IPO Debt on 2023-04

Description

• Supporting efforts to ensure that FirstEnergy’s New Jersey’s distribution utilities receive adequate and timely recovery of their costs • Assisting in the developing and managing various regulatory proceedings (including supporting the writing of testimony, the discovery process, and administration of the Companies’ tariff filings) • Using analytical skills to develop an understanding of various ratemaking concepts, including revenue requirements, cost allocation, cost of service, rate of return, regulatory accounting, and the time value of money • Assisting in strengthening the relationship between FirstEnergy’s New Jersey utility companies and the Public Utilities Commission of New Jersey • Assisting in the development of strategies on other regulatory and engineering matters, such as grid modernization, emerging technologies, line extensions, and lighting • Supporting the regional customer service and engineering organizations on matters such as tariff implementation and enforcement, and other customer inquiries • Conducting business-specific research, analyzing data, interpreting results, and making recommendations • Meeting the needs of internal and external customers through sound service and responsiveness • Providing analytical support to mid to executive level management • Exercising sound decision making by developing alternatives and recommendations to advance Company positions and improve work processes • Developing effective working relationship with employees within own work group and throughout the FirstEnergy organization • Actively seeking formal and informal learning opportunities to better understand evolving regulatory and policy issues

Requirements

• Bachelor’s degree in finance, accounting, economics, engineering, math or related discipline is required. Advanced degree is a plus. • Minimum 4-7 years relevant work experience required. Relevant work experiences will include analytical, research and relationship building skills. • Proficient in Microsoft Office applications (Excel, PowerPoint, Outlook, and Word). Experience in SAP, Business Explorer, Qlikview, or other data querying tools is a plus. • Must be willing to travel for business to other company locations as appropriate for hearings, meetings and other activities, which may include overnight travel. • Demonstrate a questioning attitude to learn, produce results, and develop relationships. • Strong analytical abilities, including problem solving, critical thinking, and decision-making. • Deliver quality, accurate work within established deadlines. • Strong written and verbal communication skills. • Ability to work in a team environment. • Desire to continue to learn and grow.

Benefits

• Competitive pay plus incentive compensation • Company-sponsored pension plan • 401(k) savings plan with matching employer contribution • Medical, prescription drug, dental, vision, and life insurance programs • Skills development training with tuition reimbursement