Senior Director, Rates & Regulatory Affairs
Downey, CA, US, 90241
Algonquin Power & Utilities Corp. (AQN), parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, reliable, and cost-effective energy and water solutions through our portfolio of utility investments to over one million customer connections, largely in the United States and Canada.
At Algonquin, our vision is to be the most trusted utility service provider in North America – a premium regulated utility, known for our customer focus, commitment to sustainability, and strong community partnerships. Our employees are at the heart of that vision. We believe that when people are empowered to learn, grow, and contribute their ideas, we can achieve remarkable results together.
We are building a culture that values integrity, inclusivity, and innovation. By joining Algonquin, you’ll be part of a team that is shaping the future of energy and water, while creating long-term value for our customers, communities, employees, and shareholders.
Purpose
This position is responsible to lead the regulatory operations and rates related functions for the western region. The position is responsible for ensuring positive resolutions to rate cases, integrated resource plans, and other regulatory filings in the states within which we operate. The position has direct reporting relationships with the regional regulatory Directors and managers and as such is expected to be the expert on US regulation and all related matters; including being an expert witness representing company interests in each regulatory jurisdiction. This position is responsible for ensuring all reporting requirement to external regulatory authorities will be completed accurately, on time. The position is also responsible to develop and implement regulatory outreach strategies, rates filings, and regulatory filings. Has primary responsibility for managing the relationship with regulatory commissions/authorities and ensuring that the policies and procedures of the organization comply with all applicable laws and regulations. Provide regulatory leadership and advice to key stakeholders to ensure regulatory compliance and to maximize earnings.
Accountabilities
- Prime responsibility for executing rate cases across Liberty Utilities in the western region
- Responsible for advancing regulatory framework by applying for and receiving approval for increased mechanisms which increase the revenue stability for Liberty Utilities
- Oversees the company’s regulatory application process to obtain all necessary approvals
- Establishes and maintains good relationship with regulatory authorities
- Liaises with senior level regulatory authorities and participates in industry forums to influence regulatory policies
- Ensure alignment of regulatory strategies to all key functional areas to ensure regulatory compliance and to maximize shareholder value
- Lead all rate making activities
- Develop tactics to maximize rate recovery of prudently incurred capital and operating expenses
- Provides advisory to regulatory team and company mangement on emerging regulations and changes impacting rate applications and company investment.
- Oversees the review and interpretation of new pending laws and regulations, which potentially affect the organization's business practices, and coordinates the development or revision of policies, procedures, contracts, and agreements to ensure compliance
- Responsible for timely and accurate completion of all regulatory compliance filings in all jurisdictions
- Lead a team of regulatory professionals from coast to coast and be the subject matter expert on utility regulation
Education and Experience
- Bachelor's degree in relevant field
- 15+ years of experience, utility or utility consulting experience required
- 5+ years managing teams within regulatory, finance, accounting
- Utility ratemaking background considered a strong asset
- Must have ability to develop relationships and build credibility quickly
- Availability to travel as needed
Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business and as an employee team.
As the successful candidate
Our Mission
We provide safe, secure, reliable, cost-effective and sustainable energy and water solutions. Our mission is how we create value as an organization—it is what drives us every day to fulfill our purpose.
Our Vision
We better the lives of our customers and communities. Our vision is what we see as possible. It's where we aspire to be, what we want to achieve and how we'll make an impact. It guides and keeps us on the right path as we work towards fulfilling our purposes.
Our Guiding Principles
- Customer Centric
- Integrity
- Entrepreneurial
- Teamwork
- Owner mindset
- Outcome focused
- Continuous learning
Collaborative environment with a genuine flexible working policy
401k Plan with matching
Share purchase/match plan
Leadership Development Program
Volunteer paid days off
Employee Assistance Program
Achievement fund
Free parking
Variety of Health & Wellness programs
Discount and Perks program
We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.
We are an equal opportunity employer and value each person's unique background, diversity, experiences, perspectives and talents.
Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honour this commitment in their daily responsibilities.
Nearest Major Market: Los Angeles