What are the responsibilities and job description for the Lead Pricing Analyst position at Public Service Company of New Mexico (PNM)?
POSTING DEADLINE
This position is posted until filled.
DEPARTMENT
Department: Strategic Market and Product Management
Job Description
Lead Pricing Analyst
Salary Grade: G05
Minimum Midpoint Maximum
$94,831 - $128,022 - $161,213
Summary
Under minimal supervision, applies expert-level knowledge and understanding of ratemaking economics, business, and regulatory practices to support market strategies, segment business plans, and company regulatory strategies. Assists in the development, implementation and monitoring of strategic projects and initiatives and serves as a lead to junior level staff.
Essential Duties And Responsibilities
Leads a team whose research and analysis of complex business processes and procedures result in the development of strategies that align with Company-wide goal and objectives
Directs others in the data collection, research, analysis, and interpretations of findings
Provides utility market intelligence oversight including in depth analysis of other utilities' pricing structures, available rate options, financial and operational metrics
Leads the developments of expert testimony, when required, regarding the rate design, pricing, and unbundling and other analyses to support market and regulatory strategies
Prepares a variety of specialized analysis of company records, financial data, exhibits, and related studies for regulatory reports, tariff structures, rate case filings, interrogatory responses to ensure accuracy, consistency, and clarity
Establishes regulatory filing objectives and leads the efforts of group to successfully meet the established objectives, including market segment plans
Leads the development and preparation of economic and cost of service schedules and tariffs to meet company revenue needs and comply with regulatory requirements
Works with the New Mexico Public Regulation Commission and Federal Energy Regulatory Commission Staffs, attorneys, and personnel in all areas of the Company to accomplish regulatory objectives
Communicates regulatory compliance filing requirements to appropriate areas of the Company and gains cooperation from those areas to meet the requirements
Leads the production of complex financial and technical data and interprets the results for management
Maintains an expert-level knowledge of finance, accounting, economics, business, and regulatory principles to evaluate issues and develop policy proposals and strategies
Submits expert testimony, when required, regarding rate design, pricing, unbundling and other analysis to support market and regulatory strategies
Competencies
Advanced knowledge of integrated resources planning, demand side management strategies, incentive rate design, and cost-effectiveness testimony.
In depth knowledge of Pricing and Forecasting Principals and practices
Expert-level understanding of regulatory procedures, pricing theory, regulated ratemaking techniques, and negotiating skills
Advanced knowledge of electric utility industry process, organization, financial structure and economic requirements
Strong working knowledge of accounting, economics and business finance
Advanced knowledge of the filing requirements and appropriate procedures for both the New Mexico and Federal jurisdictions
Strong Leadership skills and the ability to accomplish goals through the actions of a team
Ability to identify potential regulatory issues or problems and form sound recommendations
Ability to coordinate the efforts of a task force
Strong knowledge of tariffs and rules and regulations
Qualifications
MINIMUM EDUCATION AND/OR EXPERIENCE:
Bachelor's degree from four-year college or university in accounting, finance, economics, statistics, or related fields with seven to eight years related experience, or equivalent combination of education and/or experience related to the discipline.
Master¿s degree in business is preferred.
Communication Skills
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to write reports, complex correspondence, and procedure manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Ability to respond effectively to highly sensitive inquiries or complaints
Ability to effectively give persuasive speeches and presentations on controversial or complex topics to various audiences
Ability to speak clearly and persuasively in positive or negative situations
Mathematical Skills
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Computer Skills
Ability to develop and/or maintain pricing/rate design computer models
In-depth knowledge and experience using personal computers and selected software ( electronic spreadsheets, word processing)
Solid working knowledge of database management and analysis systems
Analysis And Problem-solving Ability
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Physical Demands
While performing the duties of this job, the employee is regularly required to walk and/or stand up to 1/3 of the time and sit up to 2/3 of the time. Manual dexterity required, good vision, and the ability to talk and listen. The employee must occasionally lift and/or move up to 10 pounds.
Work Environment
Office environment.
SAFETY AND ADA STATEMENT
Safety Statement
Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.
Americans With Disabilities Act (ADA) Statement
If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.
This position is posted until filled.
DEPARTMENT
Department: Strategic Market and Product Management
Job Description
Lead Pricing Analyst
Salary Grade: G05
Minimum Midpoint Maximum
$94,831 - $128,022 - $161,213
Summary
Under minimal supervision, applies expert-level knowledge and understanding of ratemaking economics, business, and regulatory practices to support market strategies, segment business plans, and company regulatory strategies. Assists in the development, implementation and monitoring of strategic projects and initiatives and serves as a lead to junior level staff.
Essential Duties And Responsibilities
Leads a team whose research and analysis of complex business processes and procedures result in the development of strategies that align with Company-wide goal and objectives
Directs others in the data collection, research, analysis, and interpretations of findings
Provides utility market intelligence oversight including in depth analysis of other utilities' pricing structures, available rate options, financial and operational metrics
Leads the developments of expert testimony, when required, regarding the rate design, pricing, and unbundling and other analyses to support market and regulatory strategies
Prepares a variety of specialized analysis of company records, financial data, exhibits, and related studies for regulatory reports, tariff structures, rate case filings, interrogatory responses to ensure accuracy, consistency, and clarity
Establishes regulatory filing objectives and leads the efforts of group to successfully meet the established objectives, including market segment plans
Leads the development and preparation of economic and cost of service schedules and tariffs to meet company revenue needs and comply with regulatory requirements
Works with the New Mexico Public Regulation Commission and Federal Energy Regulatory Commission Staffs, attorneys, and personnel in all areas of the Company to accomplish regulatory objectives
Communicates regulatory compliance filing requirements to appropriate areas of the Company and gains cooperation from those areas to meet the requirements
Leads the production of complex financial and technical data and interprets the results for management
Maintains an expert-level knowledge of finance, accounting, economics, business, and regulatory principles to evaluate issues and develop policy proposals and strategies
Submits expert testimony, when required, regarding rate design, pricing, unbundling and other analysis to support market and regulatory strategies
Competencies
Advanced knowledge of integrated resources planning, demand side management strategies, incentive rate design, and cost-effectiveness testimony.
In depth knowledge of Pricing and Forecasting Principals and practices
Expert-level understanding of regulatory procedures, pricing theory, regulated ratemaking techniques, and negotiating skills
Advanced knowledge of electric utility industry process, organization, financial structure and economic requirements
Strong working knowledge of accounting, economics and business finance
Advanced knowledge of the filing requirements and appropriate procedures for both the New Mexico and Federal jurisdictions
Strong Leadership skills and the ability to accomplish goals through the actions of a team
Ability to identify potential regulatory issues or problems and form sound recommendations
Ability to coordinate the efforts of a task force
Strong knowledge of tariffs and rules and regulations
Qualifications
MINIMUM EDUCATION AND/OR EXPERIENCE:
Bachelor's degree from four-year college or university in accounting, finance, economics, statistics, or related fields with seven to eight years related experience, or equivalent combination of education and/or experience related to the discipline.
Master¿s degree in business is preferred.
Communication Skills
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to write reports, complex correspondence, and procedure manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Ability to respond effectively to highly sensitive inquiries or complaints
Ability to effectively give persuasive speeches and presentations on controversial or complex topics to various audiences
Ability to speak clearly and persuasively in positive or negative situations
Mathematical Skills
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Computer Skills
Ability to develop and/or maintain pricing/rate design computer models
In-depth knowledge and experience using personal computers and selected software ( electronic spreadsheets, word processing)
Solid working knowledge of database management and analysis systems
Analysis And Problem-solving Ability
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Physical Demands
While performing the duties of this job, the employee is regularly required to walk and/or stand up to 1/3 of the time and sit up to 2/3 of the time. Manual dexterity required, good vision, and the ability to talk and listen. The employee must occasionally lift and/or move up to 10 pounds.
Work Environment
Office environment.
SAFETY AND ADA STATEMENT
Safety Statement
Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.
Americans With Disabilities Act (ADA) Statement
If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.
Salary : $94,831 - $128,022