Regulatory Cost Of Service Consultant
We are seeking a knowledgeable and experienced Regulatory Cost Of Service Consultant to join our team in the utility industry. The ideal candidate will have a strong background in regulatory frameworks, cost allocation methodologies, accounting, and financial analysis, enabling them to provide valuable insights and support in regulatory proceedings and rate cases. Guides work groups to address complex problems or perform analysis to accomplish work plans initiated by various governmental agencies for rate cases, recovery clauses, audits, compliance filings, policy matters, and / or other proceedings. With extensive level regulatory knowledge, educates others on interrelationships between cost drivers and revenue.
What You'll Do :
- Analyze and evaluate cost of service studies to ensure compliance with regulatory standards and best practices.
- Develop and implement cost allocation methodologies that accurately reflect the utility's operational structure and customer base.
- Collaborate with cross-functional teams to gather data and insights necessary for preparing regulatory filings and reports.
- Prepare comprehensive reports and presentations for regulatory agencies, stakeholders, and internal teams.
- Monitor and interpret regulatory developments, industry trends, and best practices to inform strategic decisions.
- Proficient in data analysis tools and software, with strong analytical and problem-solving skills.
- Excellent communication and presentation skills, with the ability to convey complex information clearly to diverse audiences.
- Provide expert guidance on regulatory issues, including rate cases, audits, and compliance filings.
- Perform regulatory tasks, such as developing direct and rebuttal testimony, responding to discovery requests, responding to Commission audits, witness preparation, etc.; facilitate organizational unit activities related to specific, unique and / or highly specialized areas of regulatory practice; promotes professionalism and standards, influences the direction of thinking through the organizational unit as a recognized authority; and operates with no supervision in a complex environment.
- Interpret regulatory needs and implements projects and process work by establishing measurable goals, objectives and requirements relative to a specific area of responsibility; addresses company system-wide issues within specialized field of expertise; and reviews planned work of others.
- Anticipate, identifies, clarifies, resolves, and initiates solutions to internal and / or external unique and specialized problems that sometimes involve analysis of inadequate or conflicting data; and facilitates the development of opportunities, new ideas and approaches that have system-wide impact.
- Works independently, with guidance only in the most complex matters, to prepare and present of complex regulatory subjects and strategies in a clear, concise and effective manner to management and / or regulatory bodies; demonstrates a developed knowledge of the network channels within the company, other companies, professional organizations, and regulatory agencies.
- Make complex decisions based on calculated risk and be held accountable for these complex decisions; has a very strong knowledge of the impact of the decisions made on other organizational units internal and external of the company; possesses expert knowledge to defend decisions that are made in the interest of the company; and demonstrates the ability to extrapolate beyond known facts to reach a logical conclusion.
What We're Looking For :
Education :
Bachelor's degree in finance, economics, accounting, or a related field; advanced degree preferred.Regulatory Consultant Senior :
Bachelor's degree from an accredited college or university AND 4 years relative field, operations or analytical experience OR associate's degree from an accredited college or university AND 8 years relative field, operations or analytical experience OR High School diploma or GED AND 10 years relative field, operations or analytical experience.Regulatory Consultant Principal :
Bachelor's degree from an accredited college or university AND 6 years relative field, operations or analytical experience OR associate's degree from an accredited college or university AND 10 years relative field, operations or analytical experience OR High School diploma or GED AND 12 years relative field, operations or analytical experience.Regulatory Consultant Staff :
Bachelor's degree from an accredited college or university AND 8 years relative field, operations or analytical experience OR associate's degree from an accredited college or university AND 12 years relative field, operations or analytical experience OR High School diploma or GED AND 14 years relative field, operations or analytical experience.Other Must Haves :
Master's degree is preferred.Certified Public Accountant, Certified Internal Auditor, Professional Engineer, or similar Certification / license is preferred.Proficiency with spreadsheets is required.Proficient oral and written communication skills, including the ability to articulate strategy and provide guidance to management and witnesses on case, are required.Must possess analytical problem-solving skills.Required to work mandatory "on-call" requirements over weekends, holidays, vacations, etc. as necessary to meet regulatory requirements, including filing dates required by the Company or as imposed by an applicable regulatory Commission.Occasional travel will be required, such as : to attend or testify at hearings, to support witnesses at hearings, to participate in Commission Staff and / or stakeholder meetings / events, to advocate the Company's position in various federal, regional, or state venues, to attend training, etc.Where You'll Work :
On-Site in Columbus, OhioWhat You'll Get :
Regulatory Consultant Senior (Grade 7) : $85,081 - $106,354Regulatory Consultant Principal (Grade 8) : $96,110 - $124,941Regulatory Consultant Staff (Grade 9) : $112,869 - $146,730In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.Where Putting the Customer First Powers Everything We Do! At AEP, we're more than just an energy company we're a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!