Rates and Revenues Manager

Rates & Revenue Manager

Location: Hybrid remote within West Palm Beach, FL or Dover, DE

What makes us great

At the heart of our Company is a dedication to delivering energy that drives progress. We put people first, work to keep them safe and build trusting relationships.

Your role in our success

This position is responsible for managing rate mechanisms and cost of service through which the company

recovers costs, sets customer prices, and ensures regulatory compliance. This role will oversee developing and implementing cost recovery mechanisms and regulatory strategy initiatives. Responsibilities also include proposing solutions to key business issues, when necessary, and making oral and written testimony and support to federal and state regulatory agencies. This position will oversee and develop team members under his/her direction.

What you'll be working on

• Rate Strategy Design: Develop and implement rate-making strategies (general rate cases, formula rates,
• infrastructure riders) that align with the company, regulatory and customer needs.
• Revenue Requirements Modeling: Determine the necessary revenue needed to cover costs and earn a
• fair return, including conducting cost-of-service studies.
• Reporting: Prepare and present comprehensive regulatory and revenue reports and forecasts to senior
• management and stakeholders.
• Regulatory Proceedings: Lead the development of testimony, exhibits, and discovery responses for state
• public utility commissions (PUCs) or other regulatory bodies.
• Financial Forecasting & Analysis: Work with accounting department to forecast, budget, and monitor
• rates and regulatory activities; perform sensitivity analyses of revenues to load forecasting errors.
• Tariff Administration: Oversee the development, filing, and maintenance of company tariff programs.
• Stakeholder Management: Collaborate with internal departments (finance, legal, operations) and
• represent the utility with external stakeholders, including regulators and intervenors.
• Team Leadership: Direct and develop staff specialized in regulatory analysis, rate design and revenue
• modeling.
• Other responsibilities as assigned

Who you are

Bachelor of Science in finance, accounting, economics, business or other related field

Seven (7) years of experience in utility finance, rate design or regulatory strategy

Regulatory rate making and revenue requirement proficiency

Understanding of regulatory process from filing through approval and implementation

Deep understanding of revenue management techniques, pricing strategies, forecasting, cost-of-service

regulation, and federal/state-specific regulatory processes

High organization skills

Deep understanding of revenue management techniques, pricing strategies, forecasting, cost-of-service regulation, and federal/state-specific regulatory processes

Excellent verbal and written communication skills

Advanced proficiency in financial modeling and data analysis

Advanced proficiency in MS Excel

Proficiency in MS Word, and PowerPoint

Ability to develop and maintain strong relationships

Leadership and team management abilities with the capacity to motivate and guide a team to deliver results

Standard driver’s license

What’s in it for you?

Competitive base salary

Fantastic opportunities for career growth

Cooperative, supportive and empowered team atmosphere

Annual bonus and salary increase opportunities

Monthly recognition events

Endless wellness initiatives and community events

Robust and customizable benefit packages-choose what works best with your life. Options include generous 401k, medical, dental and life insurance, tuition reimbursement, compensated volunteer hours and MORE!

Paid time off, holidays and a separate bank of sick time

Chesapeake Utilities Corporation is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants with a disability that need assistance applying for a position may email [email protected]