Regulatory Analyst

NiSource
Merrillville, IN Full Time
POSTED ON 2/23/2023 CLOSED ON 4/16/2023

What are the responsibilities and job description for the Regulatory Analyst position at NiSource?

Job Summary

Works with cross functional teams to plan, prepare, research, analyze, litigate, implement regulatory strategies and plans with each state's regulatory team to meet cost recovery objectives to ensure rates that are competitive, profitable, and comply with regulatory policies and guidelines.

Within this environment, the Regulatory Analyst will support accurate, timely and innovative regulatory initiatives, including but not limited to: regulatory rate case filings, compliance filings, financial plan support, regulatory asset accounting, data analysis, and utility capital structure. The Regulatory Analyst will support working relationships with Legal, Financial Planning, Accounting, etc., to meet corporate, regulatory strategic initiatives.

Principal Duties and Responsibilities

  • Work with various NiSource operating company management teams to develop strategies and work plans that will ensure timely recovery of costs that are included in base rates and approved recovery mechanisms.
  • Support analytical studies that provide alternative approaches and recommend regulatory strategies that maximize the operating companies; ability to generate revenues and provide for timely recovery of costs while optimizing the return on invested capital.
  • Prepare testimony and exhibits to support regulatory applications; analyze intervenor testimony to formulate responsive testimony and assist with cross-examination strategies; prepare data request responses during general rate cases and other petitions; and assist with support required during Commission hearings.
  • Comprehensive financial support, including accurate financial reporting of regulatory items within external filings, financial plan updates and internal management reporting.
  • Timely and accurate development, interpretation and input of approved rates into customer billing system.
  • Verification that customers' bills are correctly calculated.
  • Foster partnership with other internal departments such as Legal, Financial Planning, Accounting, etc.

Regulatory Analyst:

  • Bachelor's degree in Accounting, Finance, Economics or other business discipline
  • Compiles, organizes, analyzes and formats data for cost recovery filings, base rate case filings and other regulatory reports and filings
  • Provide regulatory support to other business units and project teams
  • Assists in ensuring accurate financial records
  • Maintains awareness of state projects and/or matters in the provision of good customer service
  • Ensures the seamless flow of information amongst team members
  • Embraces and utilizes new technologies and strives for continuous improvement
  • Performs duties under close supervision

Senior Regulatory Analyst: (Includes Regulatory Analyst duties plus):

  • Provides regulatory support to internal project teams and individuals
  • Interprets and analyzes Commission regulations, rate orders, Commission Staff reports and interveners' positions
  • Coordinates external and internal audits
  • Coordinates tasks within assigned projects
  • Provides technical support for responding to outside parties such as Commission Staff, Consumer Advocates, and legal counsel
  • Assists Managers and Lead Regulatory Analysts with duties, including training of Regulatory Analysts
  • May provide expert testimony in support of filings

Lead Regulatory Analyst (Includes Senior Regulatory Analyst duties plus):

  • Provides functional guidance to the Regulatory Analysts
  • Provides expert technical regulatory advice
  • Leads projects, provides supervision to project team members and/or coordinates activities within a project requiring specialized analysis
  • Provides expert testimony in support of filings and participates in related negotiations
  • Initiates studies of emerging issues impacting the business; alerts supervisors and potentially affected parties
  • Recommends approaches to preserve or enhance revenue where applicable
  • Prepares analytical regulatory studies, recommends actions and implements new procedures
  • Requests, compiles, organizes, analyzes, and formats data for regulatory filings and special contract arrangements
  • Monitors energy industry trends, analyzes potential impacts and recommends strategic approaches

Preferred Additional Qualifications for Position

  • Work Standards / Quality Orientation
  • MBA
  • CPA

Inclusion & Diversity

Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Equal Employment Opportunity

NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, genetic information, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities.

Safety Statement

Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.

Posting Start Date:

2023-03-20

Posting End Date (if applicable):

2023-04-10

Please note that the job posting will close on the day before the posting end date.

Utility Analyst
Energy Diagnostics, Inc. -
Valparaiso, IN
Budget Analyst
U.S. Department of Commerce -
Gary, IN
Business Analyst
HTC Global Services -
Crown Point, IN

For Employer
Looking for Real-time Job Posting Salary Data?
Keep a pulse on the job market with advanced job matching technology.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

Sign up to receive alerts about other jobs with skills like those required for the Regulatory Analyst.

Click the checkbox next to the jobs that you are interested in.

  • Account Reconciliation Skill

    • Income Estimation: $57,793 - $80,487
    • Income Estimation: $58,019 - $75,120
  • Accounting Management Skill

    • Income Estimation: $117,703 - $154,852
    • Income Estimation: $122,521 - $174,896
This job has expired.
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at NiSource

NiSource
Hired Organization Address Angola, IN Full Time
Description Job Summary ***** Must attach an updated resume to be considered for this position**** Essential Functions L...
NiSource
Hired Organization Address Columbus, OH Full Time
Job Title: Work Coordinator Way of Work: Hybrid (2 days per week in-office, 3 days per week remote) Location: 290 W Nati...
NiSource
Hired Organization Address Lexington, KY Full Time
Description Salesforce Solution Architect Full Time Perm Way of Work : Hybrid - two days on location Location: Columbus,...
NiSource
Hired Organization Address Merrillville, IN Full Time
Description Job Title: Change Management Delivery Lead **We are looking to hire someone to work in either our Columbus, ...

Not the job you're looking for? Here are some other Regulatory Analyst jobs in the Merrillville, IN area that may be a better fit.

Regulatory & Compliance Associate

Bio Town Ag, Inc., Reynolds, IN

Analyst

HCL Technologies, Morocco, IN