Manager, Rates and Regulatory Affairs
Londonderry, NH, US, 03053
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 an integral part of Liberty’s regional regulatory team, which provides support to Liberty’s regulated utilities in the East region. This position is responsible for all regulatory affairs and rates related functions in multiple jurisdictions. The Manager will support the Regional Director, on other regulatory matters and organizational strategies on a periodic basis. The Manager will perform regulatory and governmental outreach, prepare and implement rates filings and regulatory filings required at the state level. Has primary responsibility for managing the relationship with local regulatory commissions/authorities and other key stakeholders while ensuring that the policies and procedures of the organization comply with all applicable laws and regulations. Provide regulatory leadership and advice to direct and indirect reports to ensure regulatory compliance and to maximize earnings at the local state level.
Accountabilities
- Responsible for the company’s regulatory applications and filings process to obtain all necessary permits, licenses, certificates, authorizations, and rate approvals
- Manage strategy and processes associated with general rate case management
- Establishes and maintains good relationships with regulatory authorities
- Liaises with regulatory authorities and commission staff and participates in industry forums to influence regulatory policies
- Ensure alignment of regulatory strategies to all key local functional areas to ensure regulatory compliance and to maximize shareholder value.
- Lead and continually improve upon rate making activities and planning
- Develop tactics to maximize rate recovery of prudently incurred capital and operating expenses
- Participate in industry associations and develop leadership positions for Liberty Utilities.
- Act as primary witness on rate and regulatory related filings at the local regulatory commissions.
- Manages the development of strategies associate with revenue requirements, cost recovery, rate making, customer programs, and gas/electric/water rate issues
- Responsible for the team of Analysts maintaining reporting and statistics related to tariff, revenues, sales, and compliance reporting
Education and Experience
- 8+ years' of experience in regulatory or an adjacent function, preferably within the utility industry
- Bachelor’s degree with a preferred focus in Finance, Accounting, Economics, or related area of study
- Advanced understanding of revenue requirement and cost recovery programs
- Ability to evaluate team strengths and weaknesses, conduct skills-gap analysis and professionally develop the capabilities of a team of analysts
- Ability to thrive through transformation processes and demonstrated experience executing through organizational change
- Willingness to perform individual contributions, in addition to the daily management of your team
We are an Equal Opportunity/Affirmative Action Employer committed to building a diverse workforce as it values the knowledge, diversity and performance of our employees to make us a great company. Our Company strives to provide equal opportunity to qualified individuals with disabilities and disabled veterans. As part of our commitment, we work to ensure our application process is accessible to all candidates. If you require special assistance or accommodation during the hiring process, please notify the HR Representative.
Nearest Major Market: Boston