Position Details:

Posted Range:$70,690-$118,100

The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined based on factors such as market, geography, skills, education and/or experience. At American Water, we are committed to pay equity. 

In addition to compensation, you will be offered a comprehensive benefits package including 401(k),Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more! 

American Water is also proud to offer employees learning opportunities and work experiences to grow professionally! 

Primary Role:

Support the end to end preparation and development of the financial analysis and the compliance reporting requirements to support state/operational business partners in all rate and regulatory matters. Support and own the completion of exhibits, work papers, interrogatories, and writing and potentially sponsoring testimony in a timely and accurate fashion.  Assists with technical solutions and analysis on national issues.  Prepare regulatory reports, financial information and operational data necessary for filing complete and timely rate applications and reports to state regulatory commissions.

Other:

• The career band/level designated for this role has been intentionally designed with flexibility. Candidates whose current career band/level is a level above the designated level may be considered, provided they meet the qualifications and expectations of the role.

Key Accountabilities:

• Prepares revenue requirement calculations and progressively assumes responsibility for increasingly complex functional areas, with the goal of ultimately owning end‑to‑end complex revenue requirement development.
• Serve as first level resource for various department or functional issues which may be related to customer service, billing, tariff administration, operational excellence regulatory compliance, etc.  Answer routine rate and regulatory inquiries and assist in recognizing and troubleshooting larger problems.  
• Lead tariff update efforts related to regulatory filings, ensuring regular maintenance and accuracy of rate related tariff pages. 
  Communicate updated tariffs to the appropriate functional areas (i.e., tariff administration, CSO, business development, communications, operations, etc.) and verify correct rates are input into the customer billing system. 
• Prepare analysis that supports operational/state business partners in the filing of base rate cases and alternative regulatory mechanisms (Step Rates, RAC, trackers, etc.).  Ensure the financial support is complete, accurate and timely prepared meeting all filing deadlines.
• Support the end-to-end preparation and development of the pro forma adjustments that are relied upon to support base rate case requests and alternative regulatory mechanisms.
• Support the accurate preparation of rate case support schedules, testimony and exhibits for increasingly more complex issues. Prepares written testimony (written and oral) and sponsors more complex adjustments in rate filings.
• Assists with technical solutions and analysis on national issues.  
• Prepares responses to interrogatories for schedules and exhibits they own.
• Prepares financial support that is relied upon by Company consultants in areas such as: cost of service studies, return on equity, capital structure, depreciation studies, service company costs, Lead/Lag studies, etc.
• Prepares routine regulatory compliance filings, responses to ad hoc requests from regulators, compliance requirements from public utility commission orders.
• Analyze utility applications, reports, financial records, and cost studies.
• Provides research and comparative analyses of public utility issues, rate analysis, trends and best practices.
• Maintains and supports the use of SharePoint to drive efficiencies and develop best practices.
• Measures and assesses activities to drive continuous process improvements.
• Conduct periodic meetings with key Customer associates to prepare and organize for rate filings

Knowledge/Skills:

• Economic principles relating to utility rates and cost analysis
• Fundamental accounting concepts and understanding of analytical concepts for financial analysis as well as US GAAP accounting practices
• Data collection, research, statistical and cost analysis
• Business report writing, preparation and delivery of presentations
• Audit, review and analyze business and financial records
• Execution and analysis using company business technologies
• Microsoft Office Suite (MS Word, PowerPoint, Excel) with particular expertise in Microsoft Excel
• Must have the ability to review data and make appropriate decisions regarding public utility operations and to project future  revenues, sales, usage, and customer trends.

Experience/Education:

• Bachelor's degree in economics, finance, accounting, business or a closely related field or an equivalent combination of education and experience.
• MBA in Accounting or Finance preferred.
• Five to seven years of pertinent technical experience. Utility industry experience a plus.
• Working knowledge of SAP a plus

Certifications/Licenses:

• CPA, CMA or other technical license a plus.

Work Environment:

• Standard office environment

Competencies:

Travel Requirements:

• Up to 20%

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