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Siemens Senior Transmission and Distribution Valuation Consultant in Chicago, Illinois

Job Family: Research & Development

Req ID: 414629

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrive is if our people are thriving. That’s why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you?

Our Siemens Grid Software team works to accelerate and secure the energy transition. We ensure a reliable, affordable energy supply in a decentralizing, decarbonizing, digitalizing, and all-electrifying energy world. No matter where power comes from or where it must go, we ensure it makes its way – every step of the way. Over 70% of the world's electricity flows through infrastructure planned or analyzed by Siemens Grid Solutions.

Find out how Siemens Grid Software is decoding the future of energy and what part you can play: https://sie.ag/DecodingTheFutureOfEnergy

We are looking for a Senior Transmission and Distribution Valuation Consultant to join Grid Software’s Power Technologies International (PTI) team and provide consultancy services for utilities and other clients in the electricity industry. Our consultancy group seeks someone with combined expertise in planning of Transmission and Distribution (T&D) networks regulatory accounting (General Rate Cases and FERC Form 1) and financial modeling of T&D assets.

This is a remote position based in the U.S.

You’ll make an impact as you:

  • Deliver consulting services for assessment of value and condition of T&D assets, as well as the short-, medium- and long-term expansion planning of these assets, including the costing of investments.

  • Conduct assessment of system impact, regulatory accounting and financial modeling to distribution utilities experiencing high levels of building and transportation electrification and deployment of distributed resources in their grids.

  • Assess current and projected operation and maintenance costs of the T&D systems.

  • Work with other team members in reviewing filed rate cases before regulatory commissions and filed FERC Form 1 reports, assess the regulatory accounting and of T&D assets and other aspects of network regulation and conduct financial modeling of T&D assets.

  • Advise clients acquiring or transferring T&D assets, via corporate acquisitions or regulated ownership transfer to municipalities or other governmental entities.

  • Participate in the energy transformation of the electric industry by providing analysis and insights of impacts on the T&D systems of plans developed by our teams for incorporation of non-emitting generation and other supply options for the decarbonization of the grid and retirement of existing assets.

  • Prepare detailed written reports describing analyses performed, conclusions, and recommendations.

  • Work in project teams, ensuring quality of project results and completion within budget and schedule.

  • Support business development efforts, including proposal preparation and client relationships.

You’ll win us over by having the following qualifications:

  • Bachelor’s degree or higher in engineering, economics, finance, statistics, physics, accounting, business administration, or mathematics.

  • Knowledge of technical and economic factors impacting expansion and operation of T&D networks.

  • At least 6 years of proven experience in T&D planning, regulation, or financial management.

  • Experience working with or supporting utilities, regulators, investors, or similar players in power industry.

  • Ability and willingness to travel up to 20% of the time, notably within the U.S.

Preferred qualifications:

  • Experience with transmission and distribution expansion and operations, preferably with planning teams.

  • Experience with the assessment of impacts of utility scale and distributed energy resources on the T&D grids.

  • Experience advising transactions involving acquisition or ownership transfers of T&D assets or filing general rate cases.

  • Experience managing consulting projects or with business development in a consulting environment.

  • Expertise in wholesale electricity markets and power system operation is a plus.

You’ll benefit from:

  • Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html

  • The salary range for this position is $81,130 - $169,680. An annual incentive target also is part of the compensation package for this position. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.

Create a better #TomorrowWithUs

About Siemens:

We are a global technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to sustainable transportation as well as advanced healthcare, we create technology with purpose adding real value for customers.

Our Commitment to Diversity, Equity, and Inclusion:

We value your unique identity and perspective. We are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us. Learn more about our commitment to DEI here (https://www.siemens.com/us/en/company/environmental-society-governance/diversity.html) .

Protecting the environment, conserving our natural resources, fostering the health and performance of our people as well as safeguarding their working conditions are core to our social and business commitment at Siemens. They are an integral part of our Business Conduct Guidelines and our corporate strategy.

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Equal Employment Opportunity Statement

Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

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