Transmission Financial and Regulatory Financial Manager (Johnson City, TX, US, 78636) at Pedernales Electric Cooperative, Inc. | PEC

Position Summary

This position is responsible for managing the Cooperative’s Transmission Financial Planning and Regulatory compliance functions. Responsible for determining total company revenue requirements for the Transmission division, interacting with various regulatory parties, overseeing financial statements, and conducting cash flow analysis.

Essential Duties & Responsibilities

• Oversee regulatory accounting for filings (iTCOS, 4CP analysis, FERC Form I, EMR ROE)
• Provide accounting testimony and sponsor exhibits for regulatory commissions
• Create and manage regulatory accounting and financial models
• Work cross-departmentally to develop the Annual Budget for the Transmission division and provide forecasting recommendations.
• Prepare and coordinate regulatory schedules across business functions
• Conduct queries on accounting records and analyze transactions
• Participate in determining revenue requirements, rate base, operating income, and cost of capital
• Support and guide Cooperative departments in preparing business cases for new and current spending initiatives
• Prepare reports and analysis explaining financial results
• Manage accounting efforts for settlement discussions and financial analysis
• Assist legal teams with regulatory applications, briefs, and motions as needed
• Analyze legal requirements and develop compliance strategies based on regulatory activities
• Engage with commissions and utilities to establish or update filing requirements
• Assist with preparation of monthly report for the Board of Directors; create and deliver presentation results to senior and executive staff.

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• Assist with the completion of general cost studies including but not limited to cost of service, depreciation, and transmission cost of service
• Communicate with commission staff and attend meetings, workshops, and hearings
• Support the reporting needs of the Cooperative
• Support internal initiatives of the Finance department
• Maintain the security of confidential information
• Stay abreast of advances in technology
• Demonstrate regular and prompt attendance
• Performs other related duties as necessary or assigned

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Supervisory and/or Leadership Responsibilities

None

Knowledge, Skills & Abilities

• Advanced knowledge of Microsoft Excel and financial software
• Knowledge of using computer systems, which may include setting up and using hardware and software programs, entering data, processing information, or Microsoft Office Products
• Knowledge of business and management principles including strategic planning, resource allocation, and budgeting
• Basic knowledge in Generally Accepted Accounting Principles (GAAP), Federal Energy Regulatory Commission (FERC) Accounting preferred, and financial statements
• Knowledge of principles and processes for providing customer service
• Skilled in anticipating, identifying, analyzing, and resolving conflict and problems
• Skilled in time management and managing changing priorities
• Skilled in effective verbal and written communication
• Highly self-motivated and driven for results
• Great team player prepared to help and lead others to achieve department goals

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Minimum Qualifications - (Education, Experience)

• Bachelor’s degree in accounting, finance, or related field
• Five years in regulatory accounting or other regulatory activities
• Additional education may substitute for experience
• Proficiency in Excel and experience in financial modeling.

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

• The employee may be required to stand; reach with hands and arms, stoop and kneel
• The employee may be required to sit or stand for long periods of time
• The employee may be required to lift, carry, push, pull or move up to 25 pounds
• The employee may be required to travel
• Exempt employees receive a fixed bi-weekly salary to compensate them for all hours worked during each pay period
• This position may be required to work more than 40 hours per week

This description is intended to indicate the kinds of tasks and levels of work difficulty required of the position given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of management to assign, direct and control the work of employees under supervision. The listing of essential duties and responsibilities shall not be held to exclude other duties that may be assigned based on the needs of the Cooperative.