Senior Regulatory Accounting Analyst

Company: 
Location: Reno
Closing Date: 05/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

NV Energy


Position Title: Senior Regulatory Accounting Analyst

Job ID: 107224

Location: Reno, NV


Facility: Sierra Plaza

Department: Revenue Requirement

Full/Part Time: Full-Time

Regular/Temporary: Regular

Travel Percentage: None

Description:

Responsibilities

Basic Purpose

Assists in the preparation and reviews the regulatory earned rate of return, earnings sharing calculations and revenue requirement calculations in compliance with regulations and Commission directives for state and FERC jurisdictional filings. Assists in the preparation and reviews the fuel and purchased power recovery mechanisms and required filings as well as the completion of various state and FERC reporting requirements. Ensures accurate and timely preparation of regulatory statements, adjustments, analyses and supporting testimony in compliance with all regulatory regulations and requirements. Applies experience and principles, theories and concepts to resolve moderately complex pricing, financial, economic, regulatory or legislative issues. Contributes to pricing and regulatory decisions that impact Company policy and revenues. Works independently and receives minimal guidance and provides work direction and technical assistance to less experienced team members.

Essential Duties and Responsibilities

General Rate Reviews

Assists in the preparation and reviews the earned rate of return and revenue requirements calculations in support of state and FERC general rate case filings including statements reflecting normalizations, cash working capital lead/lag studies, testimony and management analyses.

Delivers communication to all levels of management, pertaining to regulatory filings and regulatory environment.

Helps develop recommendations for appropriate strategies and objectives of rate case filings. Serves as a witness on revenue requirement matters before the PUCN.

Deferred Energy Rates

Ensures fuel and purchased power recovery through preparation and review of timely and accurate monthly entries, reporting, analyses, testimony and required quarterly and annual filings. May serve as a witness in the deferred energy cases if required.

Reviews and provides feedback to the financial planning team on the deferred energy rates included in the forecast and ten year plan.

Regulatory Return

Ensures the timely and accurate preparation and review of the earned rate of return and earnings sharing calculations in support of required quarterly and annual filings.

Reviews and provides feedback to the financial planning team on the regulatory return and earnings sharing included in the forecast and ten year plan.

Other

Assists in the preparation and review of various PUCN and FERC required analyses and filings.

Implements SOX sections 302 and 404 compliance initiatives to maintain and keep current all documentation of internal controls over financial reporting with no significant deficiencies or material weaknesses.

Ensures all compliance aspects of position are known and followed; understands and complies with all policies, codes and regulations applicable to position and company.

Performs related duties as assigned.

Requirements

Essential Education, Skills, and Environment

Education and Work Experience

Bachelor’s degree in accounting, business, economics, engineering, finance or related field from an accredited school and 4 years of related experience.

Candidates that do not possess a bachelor’s degree must have a minimum of 8 years of related work experience.

Specialized Knowledge and Skills

Demonstrated knowledge of:

  • Utility, regulatory theory and quantitative modeling.

  • Managing interdepartmental projects in regulatory proceedings.

Skills such as:

  • Analytical, problem solving, planning, time management, verbal and written communication, decision making, presentation, organization, project management, and interpersonal.

  • Utilization of various modeling, analytical, accounting, monitoring, or reporting software.

  • Prioritize and handle multiple issues and projects concurrently.

  • Develops and maintains relationships with internal and external customers.

Equipment and Applications

PCs, word processing, spreadsheet and database software.

Work Environment and Physical Demands

General office environment. No special physical demands required.

Compensation

Annual Salary: $87,600 (Min) to $103,100 (Mid); Up to 12% Short Term Incentive Plan target opportunity at the discretion of the company. This is a non-represented position.

Benefits

We offer the following benefits for non-represented employees. For represented employees, we offer many similar benefits plans and programs with specific terms negotiated in the collective bargaining agreement.

  • Medical
  • Pharmacy
  • Dental
  • Vision
  • Life Insurance & AD&D
  • Wellness
  • Flexible Spending Accounts
  • 401(k) fixed contribution – company contributes 4% regardless of employee’s contribution
  • 401(k) match – company matches 100% of the employee’s first 6% contribution; immediate vesting
  • Adoption assistance
  • Tuition Assistance
  • Paid Time Off (PTO)
  • 12 paid holidays
  • Parental leave
  • Military leave
  • Bereavement leave
  • Short-term and long-term disability
  • Identity Theft Protection – company paid
  • Visit our Corporate website for detailed information and other benefits offered

EOE/Veteran/Disability

At NV Energy, we celebrate diversity, equity and inclusion. NV Energy is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

If you have a disability under the Americans with Disabilities Act or similar law, and you wish to discuss potential accommodations related to applying for employment at our company, please contact Human Resources via email at or call our HR Help Desk at (702) 402-5500 and select '0' or Fax your request at (702) 402-0031. TTY Sensory Impaired - 711

Note

Depending on qualifications of applicants, this position may be filled at a lower level than that which is posted such as Regulatory Accounting Analyst.

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