Expert Revenue Requirements Analyst

Requisition ID# 160862

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) team 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 focus. 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 team's success through rewarding work experiences and exposure to the company's senior leaders on high impact projects.

Position Summary

We are seeking a highly motivated, capable Expert 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.You should possess strong interpersonal skills, be detail oriented and proactive. You should demonstrate strong oral and written communication skills including the ability to present information in a clear, concise and persuasive manner. You will be 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.

The role is hybrid working from your remote office and in-person at the Oakland General Office two times a week or based on business needs or company requirements.

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: $114,000

Bay Area Maximum: $182,000

Job Responsibilities

• Develop and validate revenue requirement and cost recovery calculations to support ad hoc 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). Develop conclusions and recommendations for presentation to leadership
• Serve as witness, witness assistant or subject matter expert for cost recovery issues on regulatory cases of medium to significant complexity, including developing compelling testimony, workpapers, and discovery responses
• Conduct complex or analytically intensive research for complex regulatory issues and identify relationships and linkages to other regulatory decisions
• Review and analyze third party testimony, regulatory proposals, pleadings, agreements, and decisions; participate in development of rebuttal testimony strategies
• Establish and maintain integrative relationships with key stakeholders across functional areas through reliable regulatory finance support and anticipation of key cost recovery issues
• Develop subject matter expertise on regulatory cost recovery, utility revenue and cash flow modeling, PG&E internal cost model, and other topics
• Develop and assist with training to business partners
• Develop and deliver 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:

• BS/BA degree in Business, Economics, Accounting, Engineering or related discipline or equivalent work experience

• 6 years of related work experience
• Advanced Excel and PowerPoint, plus strong Word skills

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.
• Good understanding of CPUC and FERC cost recovery process and procedures, and regulatory issues specific to PG&E.
• Advanced verbal and written communication skills.
• Excellent presentation skills to effectively convey key messages to internal and external audiences.
• Advanced strategic problem-solving and decision-making skills.
• Strong project management knowledge, process improvement methods, and techniques, or change management, including awareness or expertise in Lean operating principles.
• Working knowledge and ability with SAP.