Regulatory Accounting Consultant Staff
American Electric Power
**Job Posting End Date**
02-05-2025
Please note the job posting will close on the day before the posting end date
**Job Summary**
Support operating company regulatory activities by managing regulatory accounting data and processes. Position requires the determination of total company revenue requirements utilizing a diverse set of data from many resources across functions. This information is used to determine the rates operating companies use to bill customers for electric service. Position includes interaction and communication with various parties to regulatory proceedings. At the conclusion of regulatory proceedings, requires providing accounting instructions to other accounting departments. Keep accounting management informed about regulatory activities.
**Job Description**
ESSENTIAL JOB FUNCTIONS:
+ Develop, create, modify, and manage regulatory accounting models for specific regulatory jurisdictions.
+ Prepare and coordinate various regulatory schedules and exhibits across functional lines of business.
+ Query accounting records.
+ Analyze and research accounting transactions.
+ Determine total company revenue requirements, rate base, operating income, and cost of capital while considering regulatory jurisdiction variables.
+ Tailor presentation of results to operating company Vice Presidents.
+ Interact and communicate with various parties in regulatory proceedings, including commission staff.
+ Draft written testimony for both direct and rebuttal phases of litigation; occasionally present oral testimony.
+ Attend commission meetings.
+ Coordinate, participate, and host on-site reviews and/or audits by regulatory commission staff and intervenors.
+ Make presentations to commission staff and intervenors.
+ Prepare and review responses to interrogatories and coordinate the efforts of others in the accounting department to prepare responses during discovery and rebuttal phases of proceedings.
+ Support settlement discussions with financial analysis based on multiple scenarios.
+ Support internal and external legal personnel in the preparation and filing of regulatory applications, briefs, proposed findings of fact and orders, motions for rehearing, and appeals as necessary.
+ Analyze regulatory legal requirements, commission rules, and develop strategies on compliance as it relates to regulatory accounting activities, including research of other utilities' filings for precedent on individual issues.
+ Participate in working groups with commissions and other utilities in establishing or updating minimum filing requirements in individual jurisdictions, as well as developing new legislation applicable to our industry
+ Prepare regulatory analysis as needed by operating companies.
+ Analyze financial data involving variables such as total company data, data related to a specific jurisdiction, or data related to a specific investment or a specific expense for a variety of reasons such as to assist with both actual versus budget comparison as well as earnings versus amounts approved in rate filings.
+ Consider impact of past commission decisions and incorporating into analysis.
+ Inform operating companies of the accounting implications related to certain regulatory initiatives.
+ Provide accounting instructions to other accounting departments as required from regulatory proceedings.
+ Research Commission decisions.
+ Research generally accepted accounting principles.
+ Research Federal Energy Regulatory Commission (FERC) rules.
+ Issue accounting memos.
+ Inform accounting management about regulatory activities.
+ Complete regulatory activity portion of issues book.
+ Draft and review regulatory accounting disclosures.
**MINIMUM REQUIREMENTS:**
Education:
+ Bachelor's degree in accounting or related field.
Work Experience:
+ Minimum five years or three years directly related to regulatory activities.
+ Electric utility experience preferred.
Required License(s)/Certification(s):
+ CPA preferred.
**OTHER REQUIREMENTS:**
+ Some travel required.
+ Overtime expected at times during the processing of cases.
+ Strong written and oral communication skills.
+ Strong computer skills: accounting software, Microsoft Excel, Microsoft Word.
+ Physical demand level is Sedentary.
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**Compensation Data**
**Compensation Grade:**
SP20-008
**Compensation Range:**
$96,110.00-124,940.00 USD
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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all aspects of the employer‐employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex, age, national origin, ethnicity, ancestry, veteran or military status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.
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