Job Specifications

Closing date: This position is set to close at midnight (CT) on July 10, 2024.

Lead all aspects of the regulatory and financial process for assigned jurisdictions to achieve success for the customer and company. Lead a team through the preparation, presentation, and reporting of information for filings with the appropriate Commissions and/or regulatory body and internal decision making. Lead the development of regulatory policies and initiatives supporting business strategies, including the development, and filing of rate case applications. Lead the development of revenue requirement models, projects, analysis, and research that support regulatory reports and filings. Serve as a key financial and regulatory business partner to state leadership and functional areas across Black Hills Energy. Pay Range: (This posting includes the full pay range for this position. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, experience, and internal equity.)

Manager: $110,900 - $183,100/19

Senior Manager: $121,850 - $201,250/20 Reporting Relationship: Regulatory Director Location: Our Corporate Headquarters in Rapid City, South Dakota Relocation Assistance: Relocation assistance is available based on individual circumstances! Details to be shared during the offer process. Essential Functions:

• Support all company efforts to ensure that the utilities within assigned jurisdiction(s) report accurate financial and operating information and receive adequate and timely recovery of its costs.
• Lead a team of analysts as they obtain, analyze, and interpret Company financial and statistical data to be used in regulatory reports, filings and studies.
• Serve as the revenue requirement witness in state and federal rate case proceedings. Lead and develop the team to ensure a solid understanding of various ratemaking policies and concepts, including revenue requirements, cost allocation, cost of service, rate of return, regulatory accounting, and the time value of money.
• Participate in the development of regulatory policies and initiatives that support business strategies, which support the Company's long-term regulatory goals, and support the financial health of the Company.
• Manage, create and implement regulatory filings for assigned jurisdiction(s), including rate case applications; Lead development and regulatory policies and initiatives that support the Company.
• Maintain full understanding of regulatory outcomes and requirements and communicate to company personnel through written and verbal communications.; Monitor, review and analyze federal and state regulatory requirements and industry issues for utility operations and keep department leadership and operations apprised of findings.
• Serve as the revenue requirement witness, including testifying before regulatory commissions as an expert in support of filings; partner cross-functionally to strategize, prepare, and analyze strategic plan, budget, forecasts, and reports.
• Research and communicate interpretation of legislation, rates, rules, and terms and conditions of service as well as regulatory directives contained within PUC decisions and rulings; analyze impacts of proposed legislation and regulations that impact the Company and provide advice and guidance regarding compliance with regulatory laws, rules and requirements as directed.

Additional Responsibilities:

• Monitor filing due dates and plan resources to meet all target dates accurately and on time.
• Build and maintain effective internal controls; Support efforts to respond to customer service issues to the commissions.
• Exercise management authority concerning staffing, development, performance appraisals, promotions, salary recommendations and terminations in accordance with the company policies and laws.

What You'll Need:

Manager:

• Minimum of (5) five years f progressive finance, accounting, regulatory or a related field required.
• Bachelor's degree in a relevant field, such as Engineering, Business, Accounting, Finance or Economics or an equivalent combination of education and experience required.

Senior Manager

• Bachelor's degree in a relevant field, such as Engineering, Business, Accounting, Finance or Economics or an equivalent combination of education and experience required. Master's degree a plus.
• Minimum of (7) seven years of experience in a similar position with team leadership experience, including some experience with progressive finance, accounting, or regulatory responsibilities.

What Is Desired Or Can Be Taught:

• Understanding of utility operations and regulatory/ratemaking processes and their accuracy within forecasts; Knowledge of accounting and financial concepts including internal controls.
• Strong problem solving and analytical skills, with in-depth knowledge of financial documents and how they drive business.
• Understanding of utility regulatory process and rate analysis for gas and electric utility service as well as the impact of regulatory outcomes to business success including the rate making model.
• Ability to develop and maintain project schedules. In-depth knowledge of return on investment calculations and cost of capital calculations.
• Knowledge of basic negotiations, advocacy and conflict management; Strong quantitative and analytical skills, and the ability to perform detailed analysis.
• Outstanding interpersonal, verbal, written, and presentation skills; Ability to work in a team environment, with minimal direction.
• Strong enterprise leadership skills, as this position requires the individual to delegate, supervise, and review assignments, as well as mentor staff to higher levels of performance.
• Ability to build consensus and effectively engage with and influence internal and external decision-makers.
• Ability to understand and exercise excellent judgment in complex interrelated business issues.

This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.

About our Company: We are a customer, growth and safety focused utility company that is dedicated to our communities. We improve life with energy as an energy partner of choice. Our diverse culture fuels unique perspectives, opening doors to new insights and possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3 million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas).

Enjoy our Comprehensive Benefits Package! Annual discretionary bonuses, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, generous paid time off benefits, including paid holidays and parental leave, company paid life insurance and disability benefits (short and long term), an employee assistance program and well-being benefits, and competitive medical, dental and vision insurance.

Candidates must succ