Tri-State Generation and Transmission Association, Inc. Senior Cost of Service Analyst (IRC39985) in Westminster, Colorado
Brief Posting Description
Tri-State is a FERC rate-regulated generation and transmission cooperative association. This position performs cost of service study analyses by developing and analyzing Tri-State's fully allocated cost factors to support the Company's regulatory filings. Assists in annual revenue requirements determinations. Prepares documentation and testimony on appropriate cost of service studies for FERC and legislative committees. Testifies as a witness in support of cost of services studies and in support of rate design implementation, tariff administration, terms and conditions of service, and tariff application before FERC. Reviews FERC and other regulatory agency opinions, decisions, and findings of research groups. Lead rate design implementation and reporting activities. Coordinates with internal departments to ensure successful implementation and execution the Company's regulated tariffs, terms and conditions of service, special contract requirements, and non-standard rider/tariff implementation efforts. Develops strong internal and external relationships to ensure regulatory compliance, project oversight, and consensus building in meeting both regulatory and corporate needs.
Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes:
Medical Insurance, Dental Insurance, Vision Insurance Health Savings Account (HSA), Flexible Spending Accounts (FSA), Tuition Reimbursement, Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 50%, Life Insurance, 401K, Long Term Disability (LTD), Short Term Disability (STD), Employee Assistant Program (EAP) and Paid Leave Benefits.
Senior Cost of Service Analyst
Hiring Salary Range: $107,000-$134,000
Actual compensation offer to candidate may vary outside of the posted hiring salary range based upon work experience, education, and/or skill level.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
Review, develop or maintain quantitative/qualitative analysis.
Development and implementation of revenue requirements and rates for all of Tri-State's assets.
Assist in the development of various analyses and financial models relative to rates and rate design.
Assist in the preparation of filings including testimony, workpapers, and exhibits to applicable regulatory authorities. Analyze intervener testimony to formulate responsive testimony and assist with cross-examination strategies.
Coordinate interveners and Commission staff data request responses on technical issues during rate filings and assist in support required during the hearing process.
Maintain a working knowledge and understanding of regulatory rulings, proceedings, and industry trends relevant to ratemaking.
Actively participate in committees and working groups.
Thoroughly researches and identifies areas for analysis and to produce summary analysis.
Provides analysis of intervenor testimony.
Presents summaries of results to management.
Query databases and manipulate data to prepare data sets for analysis
Writes and provides oral testimony in support of cost-of-service allocation decisions and results, and tariff design and decisions, before regulatory commissions.
Assists internal customers with questions regarding tariff application and availability.
Coordinates with other departments during rate change implementations and special projects.
Operates the Excel-based Cost of Service model. This includes, but is not limited to, implementation of updates to allocation methodologies, improving the efficient operation of the model, and to ensure accurate preparation of minimum filing requirements.
Maintain compliance with all company policies and procedures and attain knowledge and remain knowledgeable of regulations, laws, standards, and best practices applicable to functional area.
Because Tri-State has an obligation to provide continuous, reliable electric service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job.
- Perform other related duties as assigned
SUCCESS FACTORS/JOB COMPETENCIES:
Planning: Ability to think ahead and plan Ability to think ahead and plan upcoming initiatives including prioritizing workload, developing schedules and meeting deadlines related to routine needs of formula rate administration as well as periodic needs of rate case administration.
Time management: the ability to manage deadlines for routine formula rate updates, true-ups, and complex rate cases.
Problem analysis and problem resolution at both strategic and functional levels.
Technical skills in FERC accounting, finance, cost allocation, electric utility operation, compliance, FERC regulations, rate design principles, research, Demonstrate behavior consistent with company values.
Excellent interpersonal and communication skills.
Strong team player.
REQUIRED JOB QUALIFICATIONS
Education and Training
- Bachelor's degree in Engineering, Accounting, Mathematics, or Statistics.
Knowledge, Skills, and Ability:
Extensive knowledge of state and federal regulations applicable to the accounting function. Strong ability to build strong relationships with accounting and engineering staffs, other utilities, external entities, and Members.
Understands cost of service theories and allocation methodologies as reflected in the FERC Cost of Service Manual.
Persuasive written and verbal communication.
Ability to interface with and effectively communicate with management.
Proficient listening skills.
Ability to maintain a high degree of confidentiality.
Ability to interface with diverse personalities and receive instruction, guidance and direction from others.
Solid technical, quantitative, and qualitative analytical skills.
Advanced computer proficiency in spreadsheet, database, and reporting software (Microsoft Excel, SAP, IDT, Word, PowerPoint), Accounting software, Outlook, Dropbox, Sharepoint or other messaging and communication platforms.
Reading comprehension skills with ability to assess position intention and consequences.
Complex problem solving; taking a new perspective using existing solutions.
Ability to synthesize, analyze, and summarize data using fundamental business theories, principles, and concepts.
Strong organizational and time management skills.
Knowledge of the organization, processes, and customers.
Ability to perform computer modeling on various systems.
Extensive working knowledge of accounting principles and practices.
General knowledge of state and federal regulations affecting rate design and comparability requirements.
Working knowledge of electric utility operating practices and engineering economics
General knowledge of state and federal regulations affecting rate design and comparability requirements.
- Eight (8) years or more of related progressive experience.
- Willingness to travel as required for training and meetings. (Must possess a valid driver's license.)
DESIRED JOB QUALIFICATIONS
Master's or Ph.D. in a quantitative field such as Engineering, Accounting, Mathematics, or Statistics and five (5) years' experience working in a regulated electric utility as a cost-of-service analyst.
Cooperative or G&T experience preferred.
Experience in multiple electric utility functional areas (operations, maintenance, contracts, policy, rate setting, or related area) a plus.
Knowledge of NARUC Cost Allocation Manual a plus.
Experience in electric utility accounting, preferred.
PHYSICAL AND MENTAL DEMANDS: The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical demands: While performing the duties of this position, the employee is primarily required to sit, stand, walk, stoop, bend and frequently utilize a keyboard/computer. Specific vision abilities include close vision, peripheral vision, depth perception and the ability to adjust focus.
Mental demands: While performing the duties of this position, the incumbent is required to problem solve, read, write and analyze data, work under schedules and deadline pressure, present information to others, work independently and use discretion and judgment with confidential or sensitive projects/issues, work under strict regulatory deadlines, and deliver work product on time.
Work Environment: While performing the duties of this position, the employee works primarily in an office environment indoors, and will occasionally travel to multiple locations dependent on work, training industry meetings
All employees interested in this position may apply online at the Tri-State Intranet site.
Click on Job Postings, then click on the iRecruitment link, Log In, then click on the iRecruitment Employee Candidate link and then click on Search for jobs.
Tri-State is a wholesale power supply cooperative, operating on a not-for-profit basis, with 45 members, including 42 utility electric distribution cooperative and public power district members in four states: Colorado, Nebraska, New Mexico and Wyoming. Together with its members, Tri-State delivers reliable, affordable and responsible power and energy services to more than a million electricity consumers across nearly 200,000 square miles of the West.
Tri-State was founded in 1952 by its member systems to provide a reliable, cost-based supply of electricity. Headquartered in Westminster, Colo., approximately 1,200 people are employed by Tri-State across five states.
Tri-State's electricity is generated from coal, natural gas and hydropower, with a rapidly increasing supply generated from wind and solar. Tri-State delivers power to its members through a transmission system that includes substation facilities, telecommunications sites and over 5,700 miles of high voltage transmission lines. Tri-State's transformative Responsible Energy Plan is reducing emissions, increasing renewable resources, developing new energy services and delivering more flexibility for its members.
Interested? Here is how to Apply:
Go to www.tristategt.org/ and click on the 'Careers' Link. Search for Job and click 'Apply Now' Icon. You will be required to register in order to apply.
Tri-State: Join the people behind the power. Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes medical, dental, retirement and life insurance. Please visit our careers site at www.tristategt.org/careers/ for more details.
Equal Opportunity Employer - Minority/Female/Disabled/Veteran