Analyst II, Rates and Regulatory Affairs

Analyst II, Rates and Regulatory Affairs

LU Park Water Corp.

Downey, CA, US, 90241

Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business, and as an employee team. At Liberty, we hire passionate people who care about doing the right thing for our customers. We are entrepreneurial, creative, and outcome-focused. Here, your natural talent and achievements will flourish in an inclusive environment of teamwork, trust and continuous learning. We are always pursuing excellence to exceed our ambitions goals, rewarding both the goal outcome and how we achieve it.

Purpose

The Regulatory Analyst will undertake complex financial and operational research and analysis for priority regulatory projects or rate issues for Liberty's West Region Utilities. Analysts will play a significant role in the preparation and implementation of required state and federal rate filings and various other regulatory filings. Have responsibility for specific calculations, reports, and analysis. May communicate with local regulatory authorities and other key stakeholders while ensuring that compliance requirements are met. This role will also provide decision support for various financial statement items, and monitor utility earnings or rates of return, to determine whether rate increases or decreases are necessary.

Accountabilities

• Review and utilize the accounting records, operational data and financial records of the utility to complete various regulatory filings
• Work closely with Rates and Regulatory team members on various filings which include the preparation of supporting financial schedules and all supporting documentation. Plan and advise on the preparation and recording of rate case adjustments in conjunction with the Accounting and Budget department.
• Participate and prepare written regulatory filing activities such as providing support to expert witnesses and drafting testimony As designated, take responsibility for responding to data requests / requests for information from the various utility commissions along with requests from other stakeholders.
• Maintain an ongoing data base of compliance requirements. Review final commission decisions to identify new and ongoing compliance requirements which are being imposed on the regulated entity.
• Prepare compliance filings to ensure accuracy and timeliness with filing deadlines as required.
• Establishes and maintains productive relationships with regulatory authorities.
• Develop strategy to maximize rate recovery of prudently incurred capital and operating expenses Conduct analysis to advice company's management on emerging regulations and developments in industry.
• Review and interpret new and pending local laws and regulations, which potentially affect the organization's business practices, and coordinates the development or revision of policies, procedures, contracts, and agreements to ensure compliance.
• Monitor industry information regarding federal, state and applicable laws and regulations as they relate to filing requirements for regulated utilities. Update key management on regulatory changes, developments, and implications of new requirements on functional areas.

Education and Experience

This Regulatory Analyst position is ideally suited for a detail and goal oriented individual with several years of professional experience in a role that requires complex financial analysis, in a fast-paced environment. These analysis skills may come from a variety of backgrounds such as financial planning and analysis, accounting, audit, financial planning, and economics, and business data analytics. The Analyst must be comfortable interacting with third parties such as lawyers, consultants, and regulatory staff in multiple states, and peers in industry.

Compensation Data

Full base salary range $70,000.00- $100,000.00 per year Liberty considers several factors when extending an offer, including but not limited to, the role and responsibilities, a candidate's work experience, education, training and skills, and geographic location.