Principal Revenue Requirements Analyst

Requisition ID # 159404 

Job Category: Accounting / Finance 

Job Level: Manager/Principal

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

 

 

Department Overview

 

The Revenue Requirements and Cost Recovery department is an integral part of PG&E’s Finance organization. We play a pivotal role in financial analysis, financial modeling, and cost recovery. Our vision is to provide value-added financial insights and regulatory expertise to PG&E and our customers. Our team prepares forecasts, regulatory proposals, and testimony for timely recovery of approximately $20 billion in costs annually across multiple regulatory jurisdictions. We take pride in enabling informed decision making for our partners across PG&E through robust financial modeling and strategic analysis. Our team is also in the unique position to interface with CPUC and FERC staff, and other external stakeholders.

 

Position Summary

 

This role will lead complex and high impact cost recovery, revenue requirement and financial impact analyses to support regulatory filings, settlement negotiations, and business decision making. You will act as a subject matter expert on revenue requirement forecast and analyses and serve as a witness or witness assistant for regulatory proceedings. This position will provide you an opportunity to work both visibly and cross-functionally within the enterprise. You will also regularly interact with PG&E’s case management teams and business partners from other functional areas in the enterprise.

 

We are passionate about creating a team culture with rewarding work experiences. We build and maintain trusted relationships both internally and externally in an exciting and fast-paced environment. 

 

The role is hybrid working from your remote office and in-person at the Oakland General Office 2x a week or as business needs require.

 

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed between the entry point and the middle of the range, the decision will be made on a case-by-case basis related to these factors.​ This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.  

 

A reasonable salary range is:​

 

Bay Area Minimum:             $128,000

Bay Area Maximum:            $218,000

 

Job Responsibilities

 

• Develops and reviews revenue requirement calculation and models to ensure recovery of company’s total costs of service
• Develops and shares deep understanding of cost recovery mechanism to facilitate development of cost recovery strategy in regulatory proceedings
• Provides strategic and expert financial advice on cost recovery and revenue requirements especially in areas related to capital costs, tax and depreciation
• Leads Bi-monthly Regulatory Operating Reviews with Executive Leadership to align on revenue assumptions and timing
• Analyzes spending profiles and cost categories to understand how various costs and trends for key programs and emergent issues impacting current and future cost of service
• Reviews, analyzes, and summarizes third party testimony in key regulatory proceedings
• Leads development and documentation of regulatory funding values by capital program for the GRC