Consumers Energy Cost/Pricing Analyst(Remote in MI) in Multiple Locations, Michigan
Join the diverse and dynamic team that powers Michigan's largest energy provider and one of the nation's largest gas and electric combination utilities. Consumers Energy services 6.7 million of Michigan's 10 million residents - caring for our friends and neighbors in all 68 Lower Peninsula counties. We embrace a cleaner and leaner utility vision focused on eliminating energy waste and adding renewable energy from sources such as wind and solar.
At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.
The Rates team is looking for an analyst to support and strengthen the Company's regulatory filing capability. The primary focus will be to evaluate, select and apply rate theory, produce scenarios of business, industry, and economic conditions for decision making, assemble testimony, spreadsheets and charts and graphs used to illustrate business and rate scenarios. The scope of responsibility requires individual initiative to assimilate data from various sources, analyze highly advanced problems, and recommend solutions. The selected candidate may become the next gas cost of service witness to represent Consumers Energy in general rate cases. This role will work in collaboration with several areas of the company including but not limited to Strategy, Engineering, Accounting, Legal, IT, and MPSC Staff and other Rate Case Stakeholders.
Develop and maintain rate and financial models in Excel format; Assist with and performs analysis of statistical and financial data; Develop long-range financial planning and revenue requirements; conduct various feasibility and cost studies; forecasts the impacts of potential future events;
Assess adequacy of rates and rate structures and makes rate recommendations; Review and evaluate work products, methods, and procedures; Recommend and implement modifications for improvement to programs, policies, and procedures as appropriate
Conduct a variety of research, financial analyses and financial studies related to rate models and structures
Assist expert witnesses with the planning and coordination of testimony and exhibits; provide responsible, accurate, and thorough technical and administrative project support to expert witnesses (including themselves)
Assist with and prepare executive level reports, presentations, summaries, and correspondence; create comprehensive technical records and reports; Assist with and prepare reports for presentation to the Public Service Commission
Performs duties in a professional manner and works well with others or in a team setting; Establish and maintain cooperative working relationships with co-workers, outside agencies, and the public
Bachelor’s degree in Economics, Accounting, Business, Engineering or other related field
5-7 years of applicable experience (utility and/or regulatory experience preferred)
The Rate Analyst Job Family is utilized primarily in the Rates and Regulations department. Performing all of the Rate functions for the Company including but not limited to: analyzing rate information to produce forecasts of business, industry, and economic conditions for use in making rate decisions, assemble rate testimony, spreadsheets and charts and graphs used to illustrate business and rate scenarios, interpret data affecting rate programs, such as price, yield, stability, future trends in investment risks, and economic influences.
Nature of Work
At the lowest level in this job family, the work performed may tend to be of a routine and less complex nature where the work responsibilities can be proficiently performed after a relatively short training period.
At the highest levels in this job family the work performed will tend to be of a complex nature involving knowledge of various functional/specialized disciplines where the work responsibilities can only be proficiently performed after a relatively long training / experience-related time period and often requires an advanced degree. The work environment often includes dealing with risk and limiting exposure.
Leadership, management, facilitation and interaction with senior management will be markedly increased at the mid - highest levels of this job family while the need for direction and supervision will be markedly decreased. While problem solving and analysis will likely be required at all levels, recommendation and implementation becomes the norm at the highest levels and will often have a major bearing on the company’s business. In addition, skills such as the ability to think on your feet, composure under fire and effective communication across all levels of the organization and with outside stakeholders become more finely honed at the higher levels.
Develops and maintains rate models; assesses adequacy of rates and rate structures and makes rate recommendations; Conducts a variety of financial analyses and financial studies, related to rate models and structures; performs cost allocations; develops and maintains financial models; reviews and evaluates work products, methods, and procedures; conducts financial & statistical research; performs analysis of statistical data; recommends and implements modifications for improvement to programs, policies, and procedures as appropriate; Collects, compiles, and analyzes information from various sources on a variety of topics, including complex financial, analytical, budget or administrative issues; monitors and evaluates the efficiencies and effectiveness of basic financial operations; Prepares executive level reports, presentations, summaries, and correspondence; creates comprehensive technical records and reports; Prepares staff reports for presentation to the Public Service Commission; Performs cost benefit evaluations of proposed capital and operating budget items; develops capital funding strategies; makes determinations related to the overall benefit of the proposal and alternatives; implements policies and procedures accordingly; Develops long-range financial planning and revenue requirements; conducts various feasibility and cost studies; forecasts the impacts of potential future events; Assists expert witnesses with the planning and coordination of testimony and exhibits; provides responsible, accurate, and thorough technical and administrative project support to expert witnesses; Performs duties in a professional manner and works well with others or in a team setting; Establish and maintain cooperative working relationships with co-workers, outside agencies, and the public; Regular attendance and adherence to prescribed work schedule is expected to conduct job responsibilities; Observes safe work practices and safety methods; performs other duties as assigned.
Hours and Travel
Travel required to attend off-site business meetings, training sessions and travel between company locations. Meet travel requirements of the position. Work a flexible schedule, which may include evenings, weekends, holidays and overtime.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; stand; walk; and stoop, kneel, crouch, or crawl; use hands to finger, handle, or feel objects. The employee frequently is required to talk or hear. The employee must lift and move up to twenty pounds. Specific vision abilities required by this job include close vision, color vision, depth perception, and the ability to adjust focus. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, sexual orientation, gender identity or national origin.