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Description At Exelon, we've got a place for you! Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce. Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits. Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!PRIMARY PURPOSE OF
POSITIONThis role will manage the Pepco distribution revenue
requirements team. Develop
and manage Revenue Requirement functions and special projects, including retail
or wholesale regulatory filings and the strategic review of alternative cost
recovery regulatory mechanisms. This function assists in the planning,
development, recommendation and support of the strategic policies and positions
for distribution, transmission, supply or surcharge rate revenue requests
internally before Exelon key senior management and externally before state or
federal governmental agencies, as appropriate. This function may include the
responsibility for testifying on the Company’s behalf as a witness in litigated
regulatory proceedings.Develop
and implement the Company’s strategic regulatory options beyond the traditional
revenue requirements. Collaborate with internal and external stakeholders to
define creative regulatory infrastructures and alternative regulatory
approaches that further the Company’s positions on matters encompassing
strategy, policy and operations.Apply
critical analytical skills as well as possessing an in-depth working knowledge
of regulatory, ratemaking, accounting, financial and legal concepts unique to
the utility industry, to ensure adherence to regulatory filing requirements for
distribution, transmission, supply or surcharge rate proceedings, including the
preparation of testimony.Manage
compliance-related matters related to distribution, transmission, supply or
surcharge revenue requirements.Position
may be required to work extended hours, including travel, as well as provide 24
X 7 coverage during storms or other energy delivery emergencies.PRIMARY DUTIES AND ACCOUNTABILITIESAccountability
Manage certain
regulatory filings and specific segments of larger regulatory proceedings (e.g.
distribution base rate cases). Plan, coordinate and manage the implementation
of aspects of the filings so as to facilitate timely cost recovery through the
generation of regulated revenue. This duty includes the provision of guidance
and recommendation to appropriate management and other departments in the
development of filings and positions on, and responses to, related information
requests. Manage related activities of the regulatory and cross-functional
staff as assigned.
Evaluate, plan,
analyze and support the strategic and tactical aspects of the Company’s
regulated distribution, transmission, supply or surcharge revenue requests in
litigated proceedings as well as settlement efforts.
Manage activities of
staff regarding distribution, transmission, supply or surcharge revenue
requirement activities, including leading, coaching and developing staff.
Act as an expert
witness before state and/or federal governmental agencies, as appropriate, and
in litigated proceedings. Provide expert testimony and/or coordinate the
preparation of testimony by other witnesses on behalf of the Company on
regulatory issues.
Ensure Company’s
compliance with regulatory filing requirements of revenue and cost data for
rate-related matters through continuous application of in-depth working
knowledge of regulatory, ratemaking, accounting, financial and legal concepts
and standards unique to the utility industry.
Analyze, interpret
and communicate accounting and financial planning impacts due to regulatory
commission rate case decisions and rulemakings regarding distribution,
transmission, supply and surcharge revenue, ratemaking and cost recovery
matters.
Participate on
corporate committees and external organizations to develop improvements to
regulatory and ratemaking infrastructure, comment on rulemakings and develop
alternatives to existing regulatory requirements consistent with Exelon
strategic and business objectives.
POSITION SPECIFICATIONSMinimum:
Bachelor’s degree in quantitative field, such as Accounting, Finance or Economics
Eight or more years of relevant experience in areas such as Regulatory, Accounting, Finance and Strategic Planning
Excellent written and oral communication skills that are essential to represent the Company internally and externally and to testify on behalf of the Company before regulatory agencies
Highly effective personal skills to interface with other internal departments as well as across Exelon’s business units as well as state/federal commission staff and intervenors.
Excellent financial, analytical, technical and strategic skills to direct and manage activities related to the evaluation of financial policies, positions and outcomes
Knowledge of the regulatory processes for developing and prosecuting rate case and other cost recovery filings in the respective service territories
Knowledge of revenue requirement and regulatory cost of service concepts
Possession of a broad understanding of Exelon/energy delivery strategy and business practices
Demonstration of high-level competencies in 1) accountability, 2) collaboration, 3) continuous learning and 4) high performance in ambiguous situations.
Preferred:
Advanced degree in Accounting, Finance, Business or Economics
CPA
Experience interacting with senior management on regulatory, accounting, financial or strategic planning issues
Qualifications Exelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law. VEVRAA Federal Contractor EEO is the Law PosterREQNUMBER: 221596
