Senior Regulatory Results of Operations Analyst

Requisition ID# 163106

Job Category: Accounting / Finance

Job Level: Individual Contributor

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Revenue Requirements and Cost Recovery (RRCR) department plays a critical role in PG&E's regulatory and financial proceedings for timely recovery of operating expenses and capital investments. Our mission is to develop regulatory forecasts and lead insightful analyses to drive constructive financial outcomes, supporting the recovery of approximately $20 billion in costs annually. We utilize functional expertise and interpersonal skills to build and maintain trusted relationships and ensure best in class decision support and recommendation.

RRCR team members are specifically responsible for revenue requirement forecasts, developing financial modeling and calculations, preparing analytics, insights, and recommendations that enable informed decision making by PG&E senior management. It is a dynamic and exciting environment driven by internal strategy, regulatory requirements, cost of service analysis and customer value. Our team is in the unique position of interfacing with a wide variety of PG&E's functional areas, CPUC and FERC staff, and other external parties. We invest in our people and develop talents through rewarding work experiences and exposure to the company's senior leaders on high impact projects. We embrace technology and operate with a continuous improvement mindset.

Position Summary

We are seeking a highly motivated, capable Senior Analyst to work in our Results of Operations (RO) group. This is an excellent opportunity to develop your finance and analytical skills working in a cross-functional, fast-paced and highly visible environment.

The Senior Analyst should have strong interpersonal skills, be detail oriented and proactive. The candidate should have strong oral and written communication skills including the ability to present information in a clear, concise and persuasive manner. The candidate is expected to develop critical analysis, validate forecast and recorded costs, contribute to cost recovery proposals as a witness or witness assistant, and participate in process improvement initiatives.

This position is hybrid, working from your remote office and your assigned location based on business needs.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of thejob posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will bebased on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience,market value, geographic location, and internal equity.Although we estimatethe successful candidate hiredinto this rolewill beplaced between the entry point and the middle of the range, the decisionwill be made on a case-by-casebasis related tothese factors.

This job is also eligible to participate inPG&E's discretionary incentive compensation programs.

A reasonable salary range is:

Bay Area Minimum: $102,000

Bay Area Maximum: $152,000

Job Responsibilities

• Develop and validate revenue requirement calculations tosupport revenue and cost analysis for past, present and future regulatory rate cases across PG&E's regulatory jurisdictions (e.g. CPUC, FERC)
• Perform revenue scenario analyses to support critical workstreams including audits, settlement negotiations, regulatory strategy, workshops, external and stakeholder requests (e.g. data requests)
• Support emerging regulatory, economic analyses and financial modeling needs associated with the Propel investment program (multi-year enterprise level IT cost recovery)
• Serve as witness, witness assistant or subject matter expert for cost recovery issues on regulatory cases of medium complexity, including developing compelling testimony, workpapers, and discovery responses
• Maintain integrative relationships with key stakeholders across functional areas through reliable regulatory finance support and anticipation of key cost recovery issues
• Review and analyze third party testimony, regulatory proposals, pleadings, agreements, and decisions; participate in development of rebuttal testimony strategies
• Develop subject matter expertise on PG&E's Results of Operations (RO) model, regulatory cost recovery, utility revenue modeling, PG&E internal cost model, and other topics
• Develop and assist with training to business partners
• Develop effective presentation materials for leadership to make decisions or bring awareness to key issues
• Develop and document processes, guidelines, standards, and models
• Drive continuous improvement and/or Lean projects that include partnering with peers on process efficiencies and controls

Qualifications

Minimum:

• Bachelors Degree in Business Administration or job-related discipline or equivalent experience
• Job-related experience, 4 years

Desired:

• Knowledge of GAAP, SEC, CPUC and FERC operating and reporting requirements for electric and gas utilities.
• MS / MBA degree in Business, Finance, Economics, or related discipline or equivalent related experience.
• Working knowledge and ability with SAP.
• Good understanding of CPUC and FERC regulatory issues specific to PG&E.
• Strong verbal and written communication skills.
• Excellent presentation skills to effectively convey key messages to internal and external audiences.
• Advanced Excel plus strong Word and PowerPoint skills.
• Strong interpersonal and presentation skills.
• Good understanding of utility business model (cost of service).
• Good knowledge of the utility rate case process and procedures.

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