American Electric Power

Regulatory Manager

  • American Electric Power
  • Charleston, WV
  • Full Time
  • 3 months ago

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Job Posting End Date
07-29-2024
Please note the job posting will close on the day before the posting end date
Job Summary
Exhibits high level proficiency with little guidance in technical knowledge, leadership, and communication skills to provide strategic direction for regulated jurisdictional matters. Depending on the assigned business unit, lead and provide direction to a team of Regulatory professionals. Possesses expert level regulatory knowledge and communication skills and performs varied work assignments demonstrating an in-depth proficiency in the application of theory and analytical techniques to solution diverse problems. Educates others on regulatory matters related to filings, testimony, and discovery response development, cost drivers, and revenue. Leads the technical staff in the preparation and support of analytical studies. May serve as technical expert for the company in regulated pricing, depending on assigned function, including negotiations and testifying. Familiar with state or federal regulation standards, codes, concepts, systems, and business processes relevant to work assignments. Works independently to accomplish work plans initiated by various governmental agencies for rate cases, recovery clauses, audits, compliance filings, policy matters, pricing and cost initiatives, and/or general questions. Establishes a network of relationships with commission and industry stakeholders.
Job Description
  • Coordinates the division of work activities to perform specific, unique, and/or highly specialized areas of regulated accounting, costing, and/or pricing tasks.
  • Establishes and maintains continuous review of the Company’s rates and Terms & Conditions of service as well as those of other companies, particularly those located in the state or adjacent to the Company’s service territory.
  • Contributes to negotiations and processes associated with jurisdiction operational issues for OPCOs while advocating policies developed by management.
  • Develops and implements plans by establishing measurable goals, objectives, and requirements relative to regulated functions and responsibilities and reviews planned work of others; oversees process teams and monitors timely completion of special projects.
  • Utilizes comprehensive knowledge and authority to make strategic decisions; understands the impact of the decisions made on other organizational units internal and external of the company; possesses the knowledge to defend decisions that are made in the interest of the company; demonstrates the ability to extrapolate beyond facts to reach a logical conclusion.
  • Coordinates activities of the organization and outside resources, to perform regulatory activities such as filing preparation, interrogatory support, hearing participation, legal briefing, final order, or settlement process; consults with and advises the operating company staff and/or service corporation staff of matters affecting rates and regulation.
  • Demonstrates problem-solving skills; identifies, clarifies, resolves, and initiates solutions to specialized problems that sometimes involve data analysis; develops opportunities, new ideas and approaches; ensures the development and application of costing and pricing principles are applied consistently (business unit specific).
  • Organizes the preparation and presentation of complex regulatory subjects in a clear, concise, and effective manner to management, other business units, customers and/or regulatory bodies; effectively utilizes the network channels within the company, other companies, professional organizations and regulatory agencies.
  • Builds teams and networks that extend through the company, other companies, professional organizations, and regulatory agencies; using a comprehensive knowledge of different disciplines network channels, internal and external to the company; builds relationships to get things accomplished.
  • Maintains knowledge of trends and policies developing within the Commission that affect the Company's operation.
  • Assist in the coordination between central business unit personnel and operating company personnel to ensure that regulatory strategy, interface with regulatory bodies, and responses to regulatory inquiries are aligned and consistent with AEP policy and strategy.
  • Participate as an accepted expert on industry issues and interact with commission, staff, and industry stakeholders as a subject matter expert.
Education:
  • Bachelor’s degree in engineering, business administration, accounting, finance, management, or related field.
Experience:
  • Minimum of 6 years of experience with emphasis on one or more of the following - utility accounting and applications, rates, tariff development and application, commercial operations, management, and/or other pertinent experience. Electric utility experience is preferred.
  • Strong accounting or budgeting background is preferred. Previous leadership experience is preferred. Must possess superior levels of initiative, planning and organization skills, oral/written communication, and presentation skills. Strong knowledge of utility industry issues and the regulatory/legislative process.
Compensation Data
Compensation Grade:
SP20-009
Compensation Range:
$110,656.00-143,853.50 USD
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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all aspects of the employer‐employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex, age, national origin, ethnicity, ancestry, veteran or military status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.

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