Revenue Requirement Manager

POWER YOUR GREATNESS

PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability and diversity, equity and inclusion.

General Purpose

The position is responsible for functional oversight of the day-to-day operations of a revenue requirement group that has a significant impact on corporate, business unit, or organizational objectives. Establishes and implements regulatory business objectives, strategies, and plans. Manages and allocates financial and employee resources. Implements and supports Company programs and policies. Specifically, this position develops, certifies, and sponsors the company’s revenue requirement calculations, provides expert testimony, and develops and sponsors highly technical financial analyses to enable the company to recover its prudently incurred costs.

Responsibilities

• Manage the development and preparation of the company’s revenue requirement for use in rate cases and in reporting jurisdictional earnings to state utility commissions.
• Manage the preparation of other regulatory filings and works with external regulators on audits and validation of the company’s filings.
• Present the company's position in written and oral testimony before public service commissions and other external audiences in various cases including general rate cases, major plant cases, deferred accounting applications or other litigated cases where expert technical testimony is required.
• Represent the Regulation Department in support of the company's regulatory objectives and initiatives.
• Implement business objectives, strategies, and plans consistent with the company's regulatory strategy.
• Manage the development of forecasted regulated earnings in support of the company’s annual business plan development.
• Provide input including technical analyses into policy decisions, and mobilize resources to produce desired business results.
• Ensure compliance with state regulatory filing requirements.
• Review technical data, financial modeling, and understand regulatory data systems and interfaces with other company data systems.
• Develop presentations and periodic reports.
• Prepare and respond to data requests.
• Lead the functional team, including planning and managing the work and day-to-day activities of the functional team. Lead projects and initiatives.
• Provide input into team employee performance reviews. Flag performance and personnel issues for people manager resolution.

Requirements

• Bachelor's degree in accounting, finance, mathematics, business, economics, engineering or a related field; or the equivalent combination of education and experience.
• A minimum of seven years of regulatory experience or a combination of utility experience in related fields.
• A minimum of three years direct people or functional management experience.
• A broad background in a variety of electricity or energy related matters.
• Strong leadership skills and the ability to work with all levels of an organization including people with different styles and backgrounds; ability to work both independently and as a member of a team to maintain project timelines, budgets, and deliver commitments; Ability to manage and motivate employees.
• Detailed understanding of technical areas of responsibility.
• Ability to communicate calmly while under pressure.
• Strong communication and interpersonal skills including ability to consult with internal and external clients.

Preferences

• Advanced degree preferred.
• Thorough understanding of utility rate making principles, utility economics, as well as state-specific commission rules and regulations.
• Knowledge of applicable company policies and procedures; applicable state governmental laws and regulations.
• General familiarity of the fundamentals of revenue requirement, interstate allocations, net power costs, class cost of service and/or rate design.

Benefits

At PacifiCorp, we understand that living a healthy lifestyle isn’t just about your physical health — your mental, financial, and social wellbeing also play an important role. That’s why we offer a wide range of benefits designed to help you live a more balanced lifestyle

Our benefits include:

• Medical, dental, and vision insurance

• 401k with match fixed contributions, including a Roth and saving option. For union employees, matching contributions vary by union. For nonunion, PacifiCorp makes a fixed contribution equal to 4% of your eligible pay each year for new hires. In addition, PacifiCorp matches 100% of the first 6% you contribute.

• Life insurance

• Additional voluntary benefits, including pet insurance

• Tuition Assistance

• Mass Transit Pass for employees in our Portland and Salt Lake City Offices.

Work Life Balance

• Generous Paid Time Off (PTO) - Time off varies by employee type (Union or Non-Union)

• Paid short-term disability leave and long-term disability insurance

• Paid Parental Leave

• Paid Bereavement Leave

• Employee Assistance Program supporting mental and emotional wellbeing

For more information, please visit:

Additional Information

Req Id: 114668
Company Code: Pacificorp #PM25
Primary Location: SALT LAKE CITY
Department: Rocky Mountain Power
Schedule: Days
Personnel Subarea: Exempt
Hiring Range: $134,800-$185,350

This position is eligible for an annual discretionary performance incentive bonus of up to 20.00% of salary.

Employees must be able to perform the essential functions of the position with or without an accommodation.

PacifiCorp 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, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.