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Eversource Energy · 1 day ago

Director, Distribution Revenue Requirements (hybrid)

Westwood, MA

Full-time

Hybrid

Director/Executive

$189K/yr - $210K/yr

12+ years exp

Eversource Energy is a company focused on providing energy solutions, and they are seeking a Director of Distribution Revenue Requirements to lead their distribution regulatory strategies. This role involves ensuring financial recovery and protecting against loss for operating companies while managing regulatory activities and directing a dedicated team.

DeliveryElectrical DistributionEnergyEnergy EfficiencyNatural ResourcesOil and GasRenewable EnergyStaffing Agency

No H1B

Responsibilities

Directs the development of financial and accounting data required for all state regulatory "tracker" filings, base rate cases and associated filings

Determines a level of revenue requirements that supports a reasonable rate of return for shareholders

Coordinates, reviews and approves all testimony, data requests, comments and briefs relating to such filings to ensure alignment on key strategic priorities

Effectively testify before state regulatory bodies on tracker filings, rate cases and other financial or policy matters

Interfaces directly, and acts independently as Company liaison with other utilities, regulators, interveners, customers and internal/external counsel in a regulatory and financial capacity

Oversees the financial and strategic impacts of regulatory developments, trends and new precedents

Interpret regulatory developments for key stakeholders across the enterprise

Develop strategies to optimize positive impacts and impact negative impacts of such developments

Provide sound guidance and oversight on technical ratemaking concepts and strategic regulatory filings

Manages the regulatory process including assigning, tracking, controlling, and documentation management for state filings

Ensure appropriate review and sign-offs take place for all testimony, data requests, comments and briefs

Monitor for alignment of Company position

Drive key internal stakeholders toward alignment and consensus as applicable

Plays a key role in consensus building among groups and recommending escalated approaches to Senior Management when appropriate

Support accounting and financial planning in the appropriate incorporation and reflection of the regulatory expenses and revenues

Collaborates effectively with several key business areas and direct a variety of distribution rate related activities, including customer rate impacts, earnings analyses and other ad hoc analyses

Leads Company teams working with state agencies and government bodies to achieve settlement agreements and legislation regarding Eversource rate proposals

Effectively develops and monitors staff

Qualification

FinanceAccountingUtility regulationRegulatory financial conceptsStrategic mindsetInnovationConsensus buildingCommunication skillsLeadershipTeamworkCustomer focus