The American Society of Mechanical Engineers (ASME)

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Analyst (Assoc/Senior)- Regulatory Strategy & Integrated Analytics

Waltham, MA
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  • Job Code
    20172086
Company
Description: Description Job Purpose: To provide subject matter expertise in one or more integrated analytics functions within Regulatory Strategy & Integrated Analytics in support of the development of regulatory strategy, energy policy, and growth initiatives. To oversee and lead the revenue requirements analyses and modeling that support regulatory strategies, rate cases and regulatory filings.

Position Responsibilities (including but not limited to): Analyze key themes from a wide range of external and internal data sources, including economic / financial market movements, proposed rate-making strategies, rate plans and possible outcomes of rate case proceedings in order to identify how different scenarios may impact cost recovery and ROE analysis.

Conduct analysis and work with business partners to translate objectives into well-defined requirements supporting input into regulatory strategy in order to support change and innovation within National Grid.

Perform internal and external research on state/federal regulatory policies and filings in order to ensure compliance with regulatory standards.

Prepare rate case costs of service and associated discovery responses, periodic regulatory earnings reports, periodic regulatory return calculations and any other ad hoc analysis as required in order to facilitate and support business decision making.

Provide regulatory revenue requirements analysis where required in order to contribute to business development efforts and support value creation of the company.

Monitor and review accounting and financial information, updating where necessary in order to identify any anomalies or discrepancies and ensure management has access to up to date and accurate information to support the development of regulatory strategies and preparation of regulatory filings.

Build upon technical/professional skills within all areas of Regulation and Pricing in order to continually grow your personal contribution to the business.

Develop relationships with internal and external stakeholders in order to obtain and share information that will benefit National Grid.

Additional Accountabilities operating as a (Senior Analyst) :

Senior Analyst are expected to deliver on the key accountabilities list above as well as those listed below.

Develop and implement studies to support regulatory, tariff and pricing proposals in the context of general rate cases and comprehensive rate plan filings, tariff changes, and other regulatory proceedings to ensure National Grid can implement policies effectively and consistently.

Proactively research, produce, monitor and analyze regulatory costs, policies or other information to enable analysis of key regulatory themes and trends and to support inquiries.

Promote and implement procedural best practice in order to ensure all working practice (and where relevant, health and safety standards) are compliant with National Grid policies and regulatory requirements.

Prepare, maintain and submit regulatory information such as compliance filing information and regulatory reports in order to ensure regulators and other stakeholders are kept up to date with relevant National Grid policies, processes and programs.

Keep up to date with regulatory developments and identify regulatory precedents in order to ensure the optimization of best practice for National Grid.

Develop and maintain tariff and pricing analytical systems, models and procedures in order to support design solutions and enhance time/consistency/safety/efficiency and operability for FERC entities.

Develop and maintain effective relationships with key stakeholders in order to share best practice, provide technical advice and build bases of influence.

Challenge existing ways of working and continuously seek ways to do things better in order to drive greater efficiencies within assigned area.
Qualifications Knowledge & Experience Requirements: A Bachelor's degree in accounting, economics, finance, engineering, or related field and up to 2 years of related experience preferred, or equivalent work experience. Knowledge and experience of regulation and unit costing tools and techniques and a sound understanding of financial analysis tools and techniques. Knowledge of National Grid's business operations, company policies and practices. Knowledge of relevant industry practice and legislation. Proficient in relevant software e.g. Microsoft Office products (Excel, Word, PowerPoint) and National Grid ERP with knowledge of data management. Knowledge & Experience Requirements for Senior Analyst: Senior Analysts are expected to have the knowledge & experience listed below. A Bachelor's degree in accounting, economics, finance, engineering, or related field and up to 5 years of related experience, or equivalent work experience. An advanced degree/credits is preferred. In-depth experience of regulation and unit costing tools and techniques and a sound understanding of financial analysis tools and techniques. Knowledge of relevant industry practice and legislation. Knowledge of current trends within the industry and developments in legislation or regulation. In-depth knowledge of National Grid's business operations, company policies and practices. Expertise in relevant software e.g. Microsoft Office products (Excel, Word, Outlook) with knowledge of data management. This position has a career path which provides for promotional opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills.

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.
Job : Regulatory & Pricing Primary Location : MA-Waltham Organisation : Reg Accounting Schedule : Full-time Job Posting : Aug 21, 2017, 11:22:49 AM Unposting Date : Sep 20, 2017, 11:59:00 PM

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Analyst (Assoc/Senior)- Regulatory Strategy & Integrated Analytics

National Grid
Waltham, MA

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Analyst (Assoc/Senior)- Regulatory Strategy & Integrated Analytics

National Grid
Waltham, MA

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