Transmission And Regulatory Finance Manager
Physical Office Location : PEC Headquarters - 201 S Ave F, Cedar Park, TX 78613
Hybrid Work Options Available; This position has the flexibility to work out of either the Johnson City Headquarters office or our Cedar Park, TX location. Periodic travel between both sites will be required.
$129,280.00 Minimum Starting Base Pay
- KPI Bonuses + Competitive Benefits
- Qualifications may warrant greater starting base pay within the full pay range. Individual base pay is determined by experience, job-related skills, and relevant education or training.
Position Summary
This position is responsible for managing the Cooperative's Transmission Financial Planning and Regulatory compliance functions. Responsible for determining total company revenue requirements for the Transmission division, interacting with various regulatory parties, overseeing financial statements, and conducting cash flow analysis.
Essential Duties & Responsibilities
Oversee regulatory accounting for filings (iTCOS, 4CP analysis, FERC Form I, EMR ROE)Provide accounting testimony and sponsor exhibits for regulatory commissionsCreate and manage regulatory accounting and financial modelsWork cross-departmentally to develop the Annual Budget for the Transmission division and provide forecasting recommendationsPrepare and coordinate regulatory schedules across business functionsConduct queries on accounting records and analyze transactionsParticipate in determining revenue requirements, rate base, operating income, and cost of capitalSupport and guide Cooperative departments in preparing business cases for new and current spending initiativesPrepare reports and analysis explaining financial resultsManage accounting efforts for settlement discussions and financial analysisAssist legal teams with regulatory applications, briefs, and motions as neededAnalyze legal requirements and develop compliance strategies based on regulatory activitiesEngage with commissions and utilities to establish or update filing requirementsAssist with preparation of monthly report for the Board of Directors; create and deliver presentation results to senior and executive staffAdditional Responsibilities
Assist with the completion of general cost studies including but not limited to cost of service, depreciation, and transmission cost of serviceCommunicate with commission staff and attend meetings, workshops, and hearingsSupport the reporting needs of the CooperativeSupport internal initiatives of the Finance departmentMaintain the security of confidential informationStay abreast of advances in technologyDemonstrate regular and prompt attendancePerforms other related duties as necessary or assignedSupervisory and / or Leadership Responsibilities
None
Knowledge, Skills & Abilities
Advanced knowledge of Microsoft Excel and financial softwareKnowledge of using computer systems, which may include setting up and using hardware and software programs, entering data, processing information, or Microsoft Office ProductsKnowledge of business and management principles including strategic planning, resource allocation, and budgetingBasic knowledge in Generally Accepted Accounting Principles (GAAP), Federal Energy Regulatory Commission (FERC) Accounting preferred, and financial statementsKnowledge of principles and processes for providing customer serviceSkilled in anticipating, identifying, analyzing, and resolving conflict and problemsSkilled in time management and managing changing prioritiesSkilled in effective verbal and written communicationHighly self-motivated and driven for resultsGreat team player prepared to help and lead others to achieve department goalsMinimum Qualifications - (Education, Experience)
Bachelor's degree in accounting, finance, or related fieldFive years in regulatory accounting or other regulatory activitiesAdditional education may substitute for experienceProficiency in Excel and experience in financial modelingPhysical Demands and Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
The employee may be required to stand; reach with hands and arms, stoop and kneelThe employee may be required to sit or stand for long periods of timeThe employee may be required to lift, carry, push, pull or move up to 25 poundsThe employee may be required to travelExempt employees receive a fixed bi-weekly salary to compensate them for all hours worked during each pay periodThis position may be required to work more than 40 hours per weekThis description is intended to indicate the kinds of tasks and levels of work difficulty required of the position given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of management to assign, direct and control the work of employees under supervision. The listing of essential duties and responsibilities shall not be held to exclude other duties that may be assigned based on the needs of the Cooperative.
Pedernales Electric Cooperative is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, gender identity, sexual orientation, disability, protected Veteran status, age, or any other characteristic protected by law.