What are the responsibilities and job description for the Regulatory (Financial) Analyst/Sr position at Northern Natural Gas?
Job Description
Supports the pricing of products, services, and cost recovery mechanisms. Analyze accounting statements and records and prepare written reports and analyses. Supports the timely filing of rate applications and compliance documents. Prepares regulatory filings and tariffs, work papers, documentation, analyses, and discovery responses. Assists in implementation of approved rates and determination of appropriate accounting. Supports pricing studies by performing competitive analyses, cost allocation studies, and other technical analyses. Review accounting general ledger and financial statements to prepare financial reports summarizing income statement data and balance sheet data. Monitors and analyzes regulatory changes. Provides information to ensure compliance with regulatory commission directives. Provides research or gathers supporting information that may be presented to regulators, internal and external counsel, and outside consultants. Provides information and performs studies to enable preparation of expert written and oral testimony. Provides analysis of expert testimony. Ensures tariffs conform to regulatory requirements and obligations.
Responsibilities
Bachelor’s degree in accounting, Business, Economics, Engineering, Finance, or Mathematics (Typically four years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor's degree.)
Regulatory Analyst - 2-5 years of experience in state and/or federal regulatory and rate setting process, or equivalent experience.
Senior Regulatory Analyst - 5 years of experience in state and/or federal regulatory and rate setting process, or equivalent experience.
Proficiency in financial statement analysis, GAAP accounting, FERC accounting and financial analytical techniques.
Effective analytical, computer, problem assessment, and problem-solving skills.
Effective written, oral, and presentation skills.
Strong Excel, financial modeling, and data analysis skills.
Ability to evaluate and recommend courses of action, in response to inquiries.
Ability to handle and complete multiple projects simultaneously
Preferred Education And Skills
At least 3 years of experience in regulatory cost of service and rate setting process.
Employees must be able to perform the essential functions of the position, with or without accommodation.
About Us
BHE Pipeline Group consists of Berkshire Hathaway Energy’s interstate natural gas pipeline companies, BHE GT&S, Kern River Gas Transmission Company and Northern Natural Gas Company. Combined, BHE Pipeline Group operates approximately 21,200 miles of pipeline with a design capacity of approximately 21.1 billion cubic feet of natural gas per day, owns assets in 27 states and is an industry leader in natural gas transportation. BHE Pipeline Group also operates 22 natural gas storage facilities with a total working gas capacity of 515.6 billion cubic feet and a liquefied natural gas export, import and storage facility.
About The Team
Northern Natural Gas is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. Employees must be able to perform the essential functions of the position, with or without an accommodation.
Supports the pricing of products, services, and cost recovery mechanisms. Analyze accounting statements and records and prepare written reports and analyses. Supports the timely filing of rate applications and compliance documents. Prepares regulatory filings and tariffs, work papers, documentation, analyses, and discovery responses. Assists in implementation of approved rates and determination of appropriate accounting. Supports pricing studies by performing competitive analyses, cost allocation studies, and other technical analyses. Review accounting general ledger and financial statements to prepare financial reports summarizing income statement data and balance sheet data. Monitors and analyzes regulatory changes. Provides information to ensure compliance with regulatory commission directives. Provides research or gathers supporting information that may be presented to regulators, internal and external counsel, and outside consultants. Provides information and performs studies to enable preparation of expert written and oral testimony. Provides analysis of expert testimony. Ensures tariffs conform to regulatory requirements and obligations.
Responsibilities
- Prepare schedules and support the analytical requirements for certificate filings and rate case proceedings, including rate base and cost of service modeling.
- Work with the accounting and finance department to obtain data to update cost of service models in support of rate case filings and strategic planning and analysis.
- Monitor interstate natural gas pipelines rate case filings, assessing the potential impact on the company.
- Serve as a point of contact for internal regulatory inquiries and provide timely and accurate responses
- Prepare monthly analyses of select income statement and balance sheet items for review and reporting.
Bachelor’s degree in accounting, Business, Economics, Engineering, Finance, or Mathematics (Typically four years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor's degree.)
Regulatory Analyst - 2-5 years of experience in state and/or federal regulatory and rate setting process, or equivalent experience.
Senior Regulatory Analyst - 5 years of experience in state and/or federal regulatory and rate setting process, or equivalent experience.
Proficiency in financial statement analysis, GAAP accounting, FERC accounting and financial analytical techniques.
Effective analytical, computer, problem assessment, and problem-solving skills.
Effective written, oral, and presentation skills.
Strong Excel, financial modeling, and data analysis skills.
Ability to evaluate and recommend courses of action, in response to inquiries.
Ability to handle and complete multiple projects simultaneously
Preferred Education And Skills
At least 3 years of experience in regulatory cost of service and rate setting process.
Employees must be able to perform the essential functions of the position, with or without accommodation.
About Us
BHE Pipeline Group consists of Berkshire Hathaway Energy’s interstate natural gas pipeline companies, BHE GT&S, Kern River Gas Transmission Company and Northern Natural Gas Company. Combined, BHE Pipeline Group operates approximately 21,200 miles of pipeline with a design capacity of approximately 21.1 billion cubic feet of natural gas per day, owns assets in 27 states and is an industry leader in natural gas transportation. BHE Pipeline Group also operates 22 natural gas storage facilities with a total working gas capacity of 515.6 billion cubic feet and a liquefied natural gas export, import and storage facility.
About The Team
Northern Natural Gas is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. Employees must be able to perform the essential functions of the position, with or without an accommodation.