Lead Analyst - Revenue Requirements

$92,100 - $126,700/Yr

Avangrid - New York, NY

Full-time - Mid Level

New York, NY

Utilities

About the position

The Lead Analyst - Revenue Requirements at Avangrid Service Company is responsible for developing analyses and business processes that provide Senior Management with an accurate assessment of the revenue requirements necessary to maintain or improve corporate earnings for New York State Electric and Gas, and Rochester Gas & Electric. This role involves formulating and assessing various regulatory strategies to ensure regulatory earnings align with existing State regulatory policies and accounting principles, playing a critical role in the financial health of the Corporation.

Responsibilities

• Prepare various regulatory filings for Avangrid Networks utilities in NY, including Rate of Return, Rate Base, Financial Ratios Report, Earnings Sharing, and deferral calculations.
• Provide support for Avangrid Networks rate case filings, including determination of revenue requirements and rate base, and assist with pre-filed testimony, exhibits, and preparation of data responses to discovery requests.
• Perform financial analysis to determine reasons for actual results variances compared to PURA allowed amounts in rates.
• Maintain a historical data set of Avangrid Networks utilities in NY for various financial information including ROE, rate base, and equity ratio.
• Support regulatory research projects across all Avangrid Networks utilities as required.
• Support special projects with department expertise as needed.

Requirements

• Minimum of 5 years related work experience.
• Comprehensive understanding of the regulatory environment and operating company business processes preferred.
• Bachelor's degree required in Business Administration, Economics, Math, Finance, Accounting, or equivalent major preferred.
• Advanced knowledge of Microsoft Excel preferred.
• Strong background with SAP preferred.
• Strong communication (written and verbal) and interpersonal skills.
• Excellent organizational skills.
• Strong analytical capabilities.