Director, Distribution Revenue Requirements at Eversource Energy

Westwood, Massachusetts, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

NoVisa

Utilities, EnergyIndustries

Requirements

Strong knowledge of finance, accounting, and utility regulation
Experience in regulatory financial concepts such as revenue requirements and rate making theory (highly desirable)
Aptitude to draw sound business conclusions, act decisively, and drive business results
Ability to effectively direct multiple and complex tasks or teams
Authorization to work in the United States (no sponsorship for work visas)
Ability to work hybrid schedule: at least three days in the office (including Tuesdays and Wednesdays), up to five days if needed

Responsibilities

Lead the Company’s distribution regulatory strategies to ensure full recovery and protect against loss for operating companies in Massachusetts, Connecticut, and/or New Hampshire
Develop a strategic approach ensuring fair financial balance among regulators, customers, and shareholders
Oversee all state regulatory activity affecting financial requirements of the companies
Direct and lead a team dedicated to distribution and other retail rate recovery mechanisms
Direct development of financial and accounting data for state regulatory tracker filings, base rate cases, and associated filings
Determine revenue requirements supporting a reasonable rate of return for shareholders
Coordinate, review, and approve testimony, data requests, comments, and briefs for alignment on strategic priorities
Testify effectively before state regulatory bodies on tracker filings, rate cases, and other financial or policy matters
Interface as Company liaison with utilities, regulators, interveners, customers, and internal/external counsel in regulatory and financial capacity
Oversee financial and strategic impacts of regulatory developments, trends, and precedents; interpret for stakeholders and develop optimization strategies
Provide guidance and oversight on technical ratemaking concepts and strategic regulatory filings
Manage regulatory process including assigning, tracking, controlling, and documentation for state filings; ensure reviews, sign-offs, and alignment
Build consensus among groups and recommend escalated approaches to Senior Management
Support accounting and financial planning in incorporating regulatory expenses and revenues
Collaborate with key business areas on distribution rate activities, including customer rate impacts, earnings analyses, and ad hoc analyses
Lead Company teams with state agencies and government bodies to achieve settlement agreements and legislation on rate proposals
Develop and monitor staff

Skills

Key technologies and capabilities for this role

Regulatory StrategyFinancial AnalysisAccounting Data DevelopmentTestimonyRate Case ManagementTracker FilingsTeam LeadershipStakeholder Coordination

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

Eversource offers a hybrid work policy requiring employees to work at least three days in the office, including Tuesdays and Wednesdays, with the third day set by the employee and supervisor based on department needs. All applicants must be able to work up to five days in the office if needed, such as for emergencies, training, or policy changes.

What are the essential functions of this position?

The role involves directing financial and accounting data for regulatory filings, determining revenue requirements for shareholder returns, testifying before regulatory bodies, interfacing with stakeholders, overseeing regulatory impacts, and managing the regulatory process including filings and consensus building.

What salary or compensation is offered for this role?

This information is not specified in the job description.

What leadership responsibilities does this position have?

The role requires directing and leading a team dedicated to distribution and other retail rate recovery mechanisms.

What makes a strong candidate for this Director position?

Strong candidates will have expertise in regulatory strategies, financial analysis for rate cases, experience testifying before regulatory bodies, and skills in stakeholder coordination and consensus building across utilities, regulators, and internal teams.