American Water Regulatory Analyst in Davenport, Iowa
Founded in 1886, American Water is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. To learn more about American Water and additional career opportunities, visit www.amwater.com.
Support the end to end preparation and development of the financial analysis and the compliance reporting requirements to support state/operational business partners in all rate and regulatory matters. Support the completion of exhibits, work papers, interrogatories, and writing testimony to sponsor in a timely and accurate fashion. Assists with technical solutions and analysis on national issues. Prepare regulatory reports, financial information and operational data necessary for filing complete and timely rate applications and reports to state regulatory commissions.
Prepare analysis that supports operational/state business partners inthe filing of base rate cases and alternative regulatory mechanisms (DSIC, RAC, trackers, etc). Ensure the financial support is complete, accurate and timely prepared meeting all filing deadlines.
Support the end to end preparation and development of the pro forma adjustments that are relied upon to support base rate case requests and alternative regulatory mechanisms.
Support the accurate preparation of rate case support schedules, testimony and exhibits for increasingly more complex issues.
Prepares written testimony (written and oral) and sponsors more complex adjustments in rate filings.
Assists with technical solutions and analysis on national issues.
Prepares responses to interrogatories for schedules and exhibits they own.
Prepares financial support that is relied upon by Company consultants in areas such as: cost of service studies, return on equity, capital structure, depreciation studies, service company costs, Lead/Lag studies, etc.
Prepares routine regulatory compliance filings, responses to ad hoc requests from regulators, compliance requirements from public utility commission orders.
Analyze utility applications, reports, financial records, and cost studies.
Provides research and comparative analyses of public utility issues, trends and best practices.
Maintains and supports the use of SharePoint to drive efficiencies and develop best practices.
Measures and assesses activities to drive continuous process
Knowledge / Skills
Economic principles relating to utility rates and cost analysis
Fundamental accounting concepts and understanding of analytical concepts for financial analysis as well as US GAAP accounting practices
Data collection, research, statistical and cost analysis
Business report writing, preparation and delivery of presentations
Audit, review and analyze business and financial records
Execution and analysis using company business technology
Microsoft Office Suite (MS Word, PowerPoint, Excel) with particularexpertise in Microsoft Excel
Must have the ability to review data and make appropriate decisions regarding public utility operations and to project future costs.
Functional / Technical Skills
Learning on the Fly
Experience / Education
Five to seven years of pertinent technical experience. Utility industry experience a plus.
Working knowledge of SAP a plus.
Bachelor's degree in economics, finance, accounting, business or a closely related field or an equivalent combination of education and experience.
MBA in Accounting or Finance preferred.
CPA, CMA or other technical license a plus.
Indoor office environment
Up to 20%.
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American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants* based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because he or she is an individual with a disability, protected veteran or other status protected by federal, state, and local laws.