Senior Manager of Rates & Pricing

Company Name: Grant County Public Utility District
Phone Number: (509) 754-0500
City: Ephrata
State/Provence: Washington
Zip: 98823
Job Title: Senior Manager of Rates & Pricing
Number of Openings: 1
Position Type: Management
Posting Start Date: May 24, 2018
Salary: $125,840 - $176,176
Salary Per: Per Year
Work Time: 40
Work Time Type: Hours
Duties:

Position Summary

This position leads the development of critical information, economic modeling and analysis for rate design, rate policy analysis, load forecasting, and other policies, and fees.  This includes developing rate proposals, supervising a team of economists and analysts, building complex economic and financial models, performing cost of service and cost allocation analysis, reviewing fiscal policy, conducting financial feasibility analysis, and analysis of Grant PUD’s fee structures.  This area is the technical authority on customer rates, rate and pricing related economic and financial matters, and provides analysis as needed on power supply, transmission, demand side, and related issues, including the Integrated Resource Plan.  This position will advise the Executive Team and Commission on issues pertaining to customer rate structures, pricing, forecasting, economic analysis, and rate impact management.

This position must be able to both execute and manage analytical efforts while providing high quality, innovative utility rate and financial consulting to management and other departments. This position requires a high level of communication with internal and external stakeholders including Grant PUD customers and the Commission.  Must balance specific customer interests with Grant’s overall customer interests while considering financial prudency as reflected in the organization’s financial performance metrics and other organizational objectives.

 

Job Responsibilities

Essential Functions: — Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. This is not a comprehensive listing of all functions and duties performed by incumbents of this class; employees may be assigned duties which are not listed below; reasonable accommodations will be made as required. The job description does not constitute an employment agreement and is subject to change at any time by the employer. Essential duties and responsibilities may include, but are not limited to, the following:

Responsible for product pricing and rate design for customer rates and contracts, interacting with Customer Solutions to identify opportunities to improve the customer experience and value through changes in rate structures and products, and evaluating rate structures and contracts to help Grant PUD manage financial risk and volatility.

Accountable for directing and controlling the development of retail rate structures, transmission rate structures and related policies, fees and rates.  This position requires a high degree of cross-division collaboration with other groups including those responsible for Finance, Financial Planning & Analysis, Customer Solutions, Power Production and Delivery, and Enterprise Risk.

Manage the ratemaking process and development of rate policy and rate design proposals including the following workstreams:

  • Develop and recommend rate policy and rate design consistent with the stated objectives of the Grant Commission.  Develop policies, and fees for a variety of existing and new services in accordance with Washington State RCW.  Coordinate the annual public rate case process and public outreach efforts.  Oversee scenario-based analysis of various rates and pricing designs and evaluate the impact on customer load growth and customer satisfaction.  Work closely with other departments to evaluate opportunities and risks related to customer load dynamics, pricing, and rate structures, distributed generation, and demand management in the context of a changing utility market.
  • Oversee the Cost of Service Analysis (COSA) studies to determine the Grant PUD revenue requirement and customer class cost allocations.
  • Develop, assess, and maintain relevant rates and pricing metrics, data, and benchmarking statistics for Grant PUD and collaborate and exchange information with other utilities throughout the country to stay informed of emerging trends and best practices in the industry.
  • Manage the Rates & Pricing group budget, projects, and work plan in an efficient and effective manner including communication and coordination with all other applicable Grant PUD departments.
  • Build, lead, and manage a strong Rates & Pricing team including employee training and development as necessary to ensure adequate technical skills are in place for the group to meet its objectives in support of the Grant PUD Strategic Plan.
  • Communicate ideas and present appropriately detailed analysis in public forums with a variety of stakeholders including commissioners, customers, customer representatives from local ports and economic development interests, and contractors.
  • Provide economic analysis, load forecasts, and modeling support for the Financial Forecast, Integrated Resource Plan, and other Grant PUD processes.
  • Lead the preparation of customer class and system area load forecasts for both short-term and long-term durations.  Project future Grant PUD sales, revenues, load, customer count, and perform customer sector analysis using a variety of analytical techniques including time series, econometric forecasting, bottom-up forecasting, end-use modeling, and weather normalization.  Develop variance analysis for actual loads and revenues compared to prior forecasts.

Performs related duties as required or assigned.

Demonstrated commitment to Grant PUD’s mission, vision, values, strategic plan and Vision 2021.  The incumbent should be familiar with these organizational priorities and behave in a way that aligns with these expectations.

Understand and adhere to compliance requirements for this position that may include laws, regulations, security guidelines, Grant PUD policies & procedures.

Actively support and participate in all aspects of our safety program, including but not limited to:

  • Following all safety policies and procedures;
  • Alerting supervisors and coworkers of unsafe or hazardous working conditions;
  • Reporting any safety incidents or close calls within 24 hours to your supervisor; and
  • Accepting feedback from supervisors and coworkers regarding your own safety performance.

Be viewed as a safety champion by demonstrating through words and actions, that safety is our paramount value by actively:

  • Supporting the presence of safety in your Operating Unit (e.g. Include safety messages in business conversations; begin meetings as appropriate with a safety minute).
  • Acknowledging compliant safety behaviors and good safety performance from members of your team(s)

Ensuring that middle managers are actively supporting their teams in safety efforts such as continuous improvement teams, Safety & Health Improvement Plan (SHIP) responsibilities, hazard identification, metric reporting and compliance, etc.

Experience Required:

Minimum Job Requirements

Educational Requirements

Bachelor’s Degree in Math, Engineering, or Business and/or an equivalent degree; AND ten (10) years’ of experience preferred in rate policy and analysis including rate policy and rate design and implementation, load forecasting, and cost of service allocation. Five or more years of experience in a managerial or leadership position preferred. Master’s Degree or PhD in Math, Engineering, Economics, Business, and/or an equivalent degree is desirable. General knowledge of electric utility, generation, and transmission, distribution and customer solution operations. Must have extensive financial modeling and economic analytical experience. Experience working directly with retail or wholesale customers.

Knowledge and Skills 

Knowledge of – cost of service allocation practices, and econometrics and load forecasting methods; accounting and finance principles to determine the impact of rate design and pricing impacts upon the financial integrity of the organization; financial planning procedures and practices, financial forecast, accounting and FERC reporting, change management, and project management.

Skill in – demonstrating application of theories and principles used to develop retail power rates and contracts; designing, developing, and administering utility rate structures using computer models and communicating rate impacts to utility customers, staff, management team, stakeholders and Commissioners; organizing work and directing processes, procedures, and work flows to ensure maximum productivity, efficiency and timeliness for multiple projects; training, motivating and evaluating assigned personnel to obtain the highest degree of productivity; promoting and working in team environment; written and oral communications abilities: presentations, group discussions, and individual conversations with a broad range of audiences; working under pressure, collaborating effectively, and leading discussions on a cooperative basis without compromising Grant PUD’s interests; planning, scheduling, communicating, budgeting, and delegating to get programs moving often while working in a coordinated manner with numerous other departments; leadership, adaptability, flexibility, evaluation of employee performance and behavior, and conflict resolution.

Special Requirements

A valid Washington State driver’s license may be required.

Physical Requirements

Majority of work is performed in a standard office setting, with some field work that may require operation of a vehicle.

*applicant/incumbent should refer to the Physical Capacity Evaluation (PCE).

How to Apply:

Apply online using the following link: https://www.appone.com/applinkportal.asp?R_ID=1997416&AdCode=NW00608483

Or visit our website: http://www.grantpud.org  and click on “Employment”. Once on the “Employment” page click on the “Current Openings” button and use Ad Code: NW00608483 during the application process.

 

Posting End Date: June 22, 2018