Director Rates and Regulatory - Finance Organization

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$124,800 - $198,900

The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined based on factors such as market, geography, skills, education and/or experience. At American Water, we are committed to pay equity.

In addition to compensation, you will be offered a comprehensive benefits package including 401(k), Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more!

American Water is also proud to offer employees learning opportunities and work experiences to grow professionally!

Key member of regulatory services leadership team. Leads a team of geographic resources that provide regulatory services including complex analytics to all divisions and states. The team is responsible for providing complex technical solutions and analysis on national issues. Serves as a subject matter expert involving complex analytical analysis to support issues in base rate cases and alternative mechanisms. Provides supports as a technical advisor on rate matters involving business initiatives to assist AW’s efforts to shape favorable outcomes in regulatory filings.

Leads, directs and manages a team comprised of specialized rate professionals across the enterprise, supporting all regulated utility subsidiaries. Assists and helps facilitate solutions provided by teams supporting division/states in regulatory matters. Position is cross disciplinary working with the state operating teams and functional teams at American Water to provide rate support that drives and influences regulatory outcomes. Partners with state operations, policy, finance, and legal to develop complex rate approaches that align with state or national regulatory strategy.

Communicates rate matters to key internal and external stakeholders. In conjunction with state teams, provides support on budgeting and long-term planning specific to regulatory strategy and execution. This includes preparation and review of financial analyses centered around utility operating performance. Identifies alternative strategies to mitigate regulatory lag and ensure optimized performance at the state level. Collaborates with accounting to ensure that technical rate issues are in compliance with US GAAP and ensures overall regulatory compliance.

Collaborates with treasury to assess state financing needs consistent with regulatory authorization. Provide expert witness services in complex rate matters as required across enterprise.

• Provide regulatory leadership and guidance to drive results across the American Water regulatory jurisdictions.
• Accountable for and manages the preparation and accurate completion of complex regulatory filing requirements to support state rate case filings consistent with corporate objectives which are on time, and in alignment with state filing objectives to optimize performance.
• Accountable to provide expert witness testimony (written and oral) as required on an individual basis, and also manage a team of experts that routinely provide this service on rate matters across all states.
• This role will require travel to support the state teams when necessary.
• Accountable for and manages the preparation and accurate completion of discovery requests in all rate proceedings.
• Accountable to work as a business partner with state leadership, operations, finance, and legal to drive a comprehensive technical approach that supports regulatory initiatives on both a state and national basis with respect to complex rate/finance issues in the rate setting environment and in business activities. This includes the review of the financial plan and identifying ways to mitigate regulatory lag through…