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Rates Manager
$100k-122k (estimate)
Full Time | Utilities 4 Weeks Ago
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Global Water Resources is Hiring a Rates Manager Near Phoenix, AZ

Global Water Resources, Inc. headquartered in North Phoenix, AZ, is looking for a dynamic professional to join our team. Global is a water, wastewater and reclaimed water service provider focused on water as a reliable, renewable, and reusable resource for growing communities.
Innovation in water reclamation, technology, and commitment to customer service are Global hallmarks. Global Water is an elite team of professionals that seeks to transform its utilities into highly technical, efficient, and advanced water resource management systems.

Global Water owns and operates water and wastewater utilities in the state of Arizona serving more than 80,000 people. Global Water is a private utility, traded on the NASDAQ, that is at the forefront of Total Water Management, and is paving the way for the future of efficient utility operations, sustainability, and conservation. Global Water welcomes and encourages experienced professionals from all industries.

Opportunity:

The Rates Manager leads revenue requirement and utility rate calculations for various regulatory filings and acts as an integral part of the regulatory affairs team. The rates manager is responsible for the development of rate case financial statements and schedules and serves as the Company’s subject matter expert and witness for rate cases filed with the Arizona Corporation Commission (ACC).

The role is responsible for financial analysis, compilation of financial statements which include rate base schedules, test year income statements, cost of capital, statistical schedules, projections and forecasts, cost of service analyses, tariff schedules, revenue requirements, and proposed rate and bill impact analyses. The role reports directly to the Director, Regulatory Affairs and is responsible for communicating and working across the entire organization to achieve successful outcomes.

Primary Duties:

  • Preparation of revenue requirement and rate design calculations, projections, reconciliations, and modeling.
  • Responsible and acts to, manages financial issues, leads development of key case materials regarding revenue requirements and/or modeling, and billing determinants.
  • Serves as expert witness, including preparation of testimony, discovery, and work papers.
  • Reviews and assists subject matter experts with cross-over issues with the revenue requirement in development of testimony, work papers and discovery responses, settlement documents (if applicable) and communications materials as it relates to revenue requirements.
  • Evaluates and develops recommendations on cost recovery, ratemaking, customer programs and tariffs.
  • Reviews and summarizes financial components of Recommended Opinions and Order (ROO) and other regulatory filings.
  • Performs benchmarking (peer reviews) on competitors and other utility rates.
  • Provides rate case support, business case development and validation, and expedited responses to discovery requests from ACC staff and intervenors.
  • Presents findings and makes recommendation to management or others within organization.
  • Foster and maintain cooperative relationships with regulatory authorities and stakeholders.
  • Work with the Executive and Regulatory Teams to help rate case strategies on financial analyses.
  • Active drafter and participate in development of work products such as applications, testimony, briefs.
  • Consult with other departments such as operations, finance & accounting, as necessary to carry out assigned responsibilities.
  • Perform other special projects and assignments as requested.

Qualifications:

  • Bachelor’s degree in Business, Finance, Economics or related field
  • Job-related experience in finance and accounting

Desired:

  • Master's degree in Business, Finance, Accounting, Economics, or related field strongly preferred
  • Strong proficiency with Microsoft Excel, PowerPoint, and Word
  • Strong proficiency in development of financial statements and modeling in utility rate making
  • Strong understanding of accounting principles
  • Ability to work successfully independently and in fast-paced team environment
  • Excellent interpersonal communication and quantitative skills
  • Intellectual curiosity, and relentless drive for continuous improvement
  • Experience with financial modeling and forecasting
  • Demonstrated success interacting at all organizational levels

Core Values:

Applicant must understand, identify with, and adhere to the Global Water Core Values:

1. Believe in the Mission and Each Other

2. Be Disciplined: People, Thought, and Action

3. Take Ownership

4. Maintain a Positive Mindset

General: Must have satisfactory outcome of drug testing, criminal record checks, motor vehicle record, and employment records prior to starting employment.

Licenses: Must have a valid Arizona driver’s license.

Global Water Resources, Inc. is an equal opportunity employer.

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee discount
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Paid time off
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance

Experience level:

  • 5 years

Shift:

  • 8 hour shift
  • Day shift

Weekly day range:

  • Monday to Friday

Application Question(s):

  • Are you willing to consent to a background and drug screening once a job offer is made?
  • Are you comfortable commuting to this job's location?

Education:

  • Bachelor's (Required)

Language:

  • English (Required)

Ability to Relocate:

  • Phoenix, AZ 85027: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

INDUSTRY

Utilities

SALARY

$100k-122k (estimate)

POST DATE

03/31/2024

EXPIRATION DATE

07/27/2024

WEBSITE

gwresources.com

HEADQUARTERS

PHOENIX, AZ

SIZE

50 - 100

FOUNDED

2003

TYPE

Public

CEO

RON L FLEMING

REVENUE

$10M - $50M

INDUSTRY

Utilities

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About Global Water Resources

Global Water owns, operates and manages wastewater and recycled water utilities.

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