COS (Cost of Service) Analyst/Sr Analyst/Specialist

1 Month ago

Des Moines, Iowa, United States

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Job Description

MidAmerican Energy Company is hiring a COS Analyst/Sr Analyst/Specialist in Des Moines, IA. The role involves conducting cost of service analyses, preparing studies, and presenting findings to management and regulatory commissions. Qualifications include a Bachelor's degree in a relevant field, regulatory experience, and strong analytical skills. The position requires proficiency in data analysis tools and may involve travel. This is a full-time position with a salary of $78.5K per year.
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The cost of service (COS) analyst conducts rate and/or cost of service analyses through research, gathering and interpretation of data. Presents analysis and recommendations to management and may implement selected alternatives. Specifically, this position prepares cost of service studies and associated testimony, and conducts rate spread and rate design analyses in the preparation of proposals to revise MEC's retail prices. Analyses include, but are not limited to, feasibility studies, cost/benefit analysis, revenue analyses, and trending.

Responsibilities:
• Conduct analysis related to cost of service, design of retail electric prices, rate spread, special contract analysis, revenue normalization, rate analysis, and reporting.
• Draft and sponsor testimony, exhibits and tariff changes to be filed with state regulatory commissions and provide analytical support.
• Provide written responses to data request
• Orally support written testimony and undergo cross examination before the state regulatory commissions in rate proceedings.
• Present analysis and provide alternatives and recommendations to department management and influence decisions regarding regulatory policies and strategies.
• Prepare and respond to requests for rates and rate comparisons.
• Gather, analyze, and interpret data for trends, forecasts, and modeling.
• Interpret rules and regulatory orders to internal parties.
• As assigned, oversee the work of other analysts.
• Performs other work as assigned.

Qualifications:
• Bachelor’s degree in economics, mathematics, business, accounting, or a related field; or the equivalent combination of education and experience.
• Advanced degree preferred.
• A minimum of three years of regulatory experience.
• Understanding of utility ratemaking and regulations
• Data gathering, analysis, interpretation, trending, forecasting, and/or modeling experience.
• Knowledge of applicable Company policies and procedures; applicable federal, state, and local governmental laws and regulations.
• Proficient with the use of personal computers including spreadsheet, database, word processing, and presentation applications to gather, analyze, and model information.
• Communication and interpersonal skills including the ability to consult with internal and external customers regarding matters/issues which may be sensitive in nature.
• Ability to work with all levels of an organization including people with different styles and backgrounds and ability to work as a member of a team.
• Ability to present alternatives and recommendations.
• Ability to prioritize and coordinate projects and be accountable for project outcomes.
• Experience with advanced Microsoft Excel.
• Experience with UIPlanner beneficial.
• Travel may be required.
• Employees must be able to perform the essential functions of the position with or without an accommodation.

Midamerican Energy Company


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