Job Information
Southern California Edison Principal Manager - Utility Regulatory and Economic Analysis [HYBRID] in Rosemead, California
Job Description
Join the Clean Energy Revolution
The Finance Organization provides financial services to Southern California Edison (SCE). The organization acts as a steward to do what is best for the company, ensuring that SCE meets or exceeds its strategic objectives.
A day in the life - Get ready to think big, work smart and shine bright!
The Principal Manager – Utility Regulatory and Economic Analysiswill lead the strategy for and development of key financial regulatory filings and testimony while overseeing economic analysis efforts for SCE. The Principal Manager will also provide guidance and analysis in support of company-wide efforts that require knowledge of cost-of-service ratemaking, capital market fundamentals, investment theory, and utility-related regulatory processes. Key activities include leading SCE’s cost of capital filings with the CPUC and FERC, driving strategy and analysis in support of post-test year ratemaking proposals in SCE’s General Rate Case, and partnering across our finance departments and beyond to assess and support efforts relating to investments and the fundamentals of raising capital. The dynamic role will leverage a broad understanding of SCE’s operations, regulations and financial principles while leading their team and cross-functional support organizations through these key efforts.
Typical Responsibilities:
Lead staff responsible for SCE’s cost of capital filings, including collaborating with an expert witness on SCE’s requested return on equity and capital structure.
Oversee company-wide communications of economic projections and collaborate with end users to ensure appropriate understanding and uses of escalation rates and other economic metrics.
Oversee calculations of SCE’s regulatory capital structures as authorized by the California Public Utilities Commission and Federal Energy Regulatory Commission.
Provide strategic guidance to teams and leaders, across SCE and EIX Finance departments and beyond, with regards to key financial, economic and regulatory considerations, including financial assessment of internal, public, regulatory or legislative policy changes.
Leverage experience with investments strategy and/or portfolio analysis while assessing appropriateness of risk profiles.
Lead or participate in ad-hoc projects that may include, but are not limited to, reviewing, approving and interpreting regulatory requirements, consulting with senior leaders on complex compliance issues that impact the Company, financings, divestitures and acquisitions.
Ensure resources and budget levels to meet strategic objectives and operational needs.
Make, recommend and/or approve employment decisions (e.g., hiring, promotion, appropriate pay, rewards/recognition, succession planning, and termination).
Manage employee performance for a staff of professionals, including establishing performance expectations and goals aligned with Company objectives, policies and procedures.
Manage, train and develop staff by providing timely feedback, mentoring and support.
The Essentials\:
Seven or more years of experience supervising a team of direct reports and/or project management.
Seven or more years of experience in the field of economic analysis, investments analysis or capital markets.
Experience analyzing utility regulations and/or modeling utility ratemaking.
The Preferred\:
Bachelor’s Degree or higher in Business, Finance, Economics, or similar discipline.
10 or more years of combined experience managing, supervising or leading teams over finance functions.
CFA Certification.
Experience building financial models.
Experience performing and preparing financial reports on either financial plans, asset valuations, capital investments and expenditures, capital recovery, dividends, acquisitions and/or divestitures.
Ability to accurately analyze information and make strategic decisions that have cross-organizational impact.
Strong leadership, communication and negotiating skills to build and maintain partnerships with support organizations and senior management.
Ability to integrate work across relevant areas and provide outstanding service to internal and external customers.
You should know
This position’s work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days. Unless otherwise noted, employees are required to reside in the state of California. Further details of this work mode will be discussed at the interview stage.
Visit our Candidate Resource page (https\://www.edisoncareers.com/page/show/candidate-resources) to get meaningful information related to benefits, perks, testing, hiring process, and more!
Relocation may apply to this position.
About Southern California Edison
The people at SCE don't just keep the lights on. Our mission is so much bigger. We’re fueling the kind of innovation that’s changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you’ll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.
At SCE, we celebrate our differences. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status.
We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.