Position Summary
The Senior
- Manager of Regulatory Affairs implements the regulatory strategy for water and
- wastewater utility operations in Texas. This role is responsible for rate case
- management, financial modeling, and stakeholder engagement with the Public
- Utility Commission of Texas (PUCT). The Senior Manager will collaborate
- cross-functionally to ensure regulatory filings and financial forecasts align
- with company goals and legal requirements. The Senior
- Manager also has a keen focus on building external relationships with industry,
- key staff and other policy makers to ensure exceptional company reputation and
- create optimal platform for Company advocacy.
Key Responsibilities
Prepares
- complex financial, economic, and regulatory analyses to determine revenue
- requirements and rate structures required to achieve authorized rate
- of return; maintains all aspects of regulatory (economic) compliance;
- performs related work as required including supporting implementation of
- new rates and rate changes.
- Provides support for rate case proceedings and associated filings related to rates, including preparation of filings and testimony for the PUCT. Administers tariff rules and schedules; maintains records, prepares written reports and other analyses as required.
- Works with the financial planning and analysis team to ensure that budgets accurately reflect estimated revenue and expenses..
Collaborate
across the organization on financial matters including depreciation,
capital spend, expenses and tax.
Serve
as a liaison with the PUCT.
Responsible
- for preparing the annual financial report to the Public Utility Commission
- of Texas. Works collaboratively with cross functional teams to validate
- all data.
Actively
participates in legislative activities including monitoring and tracking
of legislative items of interest and impact to the company.
Works
alongside external consultants for supporting studies related to general
rate cases, including but not limited to depreciation, cost-of-service, and
rate design
Reviews financial operations and expenditures for budgetary and regulatory purposes; estimates future revenues to assist in the preparation of the budget and long-range financial forecasts; develops forecasts of rates, revenues, and financial structure to forecast ongoing operations, major improvements, and levels of financing and revenue required to support planned activities.
Monitor
regulatory changes and assess their impact on operations, strategy, and
compliance.
Prepare
and reports, budgets, and strategic recommendations to senior leadership.
Ensure
compliance with all applicable state and federal regulatory requirements.
Education
Bachelor’s
- degree in Finance, Economics, Accounting, or a related field.
- MBA,
- CPA, or equivalent advanced financial credentials preferred.
Minimum
3–5 years of experience in regulatory affairs, rate analysis, or financial
planning within a regulated utility.
Proven
experience managing rate cases and regulatory filings in Texas or similar
jurisdictions.
Experience
in water utility regulation is highly desirable.
Skills & Competencies
Deep
understanding of utility rate-making methodologies and legal/regulatory
frameworks.
Advanced
financial modeling and forecasting skills.
Strong
leadership and project management capabilities.
Excellent
written and verbal communication skills, including public testimony and
stakeholder engagement.
Proficiency
in Microsoft Excel, Word, and regulatory software tools
Other Requirements
Must
possess a valid Texas driver’s license and maintain a satisfactory driving
record.
Occasional
travel within Texas for hearings, meetings, and site visits.
Job description provided by The Connecticut Water Company.
View the original posting