Lead - Tariffs and Budget - Regulatory - Luma PR

LUMA - Built for Puerto Rico

We rely on electricity every day. We need it to run our appliances, power the streetlights and produce the goods and services that drive our economy.At LUMA we are committed to provide Puerto Rico with electricity that we all can depend on. At LUMA, we put people first — our employees, our customers and the communities where we live and work. We encourage and inspire our people to embrace opportunities as they work to build an electricity system that will make Puerto Rico a better place.If you're looking for a career where you can make a tangible difference in the lives of your neighbors and your community, LUMA is the place for you. LUMA offers new jobs designed to respond to the current and future needs of the T&D system. Together we're transforming the island's electric transmission and distribution system, and energizing Puerto Rico. Please note that these new jobs with LUMA offer different terms and conditions of employment to those currently in place with PREPA.We will schedule interviews with all qualified PREPA candidates. All PREPA applicants will receive priority in hiring and a compensation package equal to or better than what they receive today. In order to receive notifications as additional positions and locations are posted, please create a profile on our career site.

About the Position

This position is within the Regulatory Team. The Regulatory Team works to align LUMA’s business plan with the public energy policy goals of Puerto Rico and plays a key role for the design, implementation and reporting on key policy initiatives. Regulatory works with all LUMA departments in support LUMA’s compliance and reporting obligations under the Operations and Management Agreement, the energy regulator and other governmental bodies. The team works with multiple external stakeholders and is responsible for the delivery of professional written documents, and verbal reason to support compliance and reporting.  

The Tariff and Budgets group within Regulatory is responsible for conducting analysis, studies and projections related to customer rates and annual budgets as well as interacting with LUMA departments to provide updated discussions of LUMA’s activities.   

The primary function of this position is to coordinate, prepare, support, analyze and communicate financial, planning, performance and compliance filings related to regulatory requirements for LUMA Energy and Puerto Rico’s Transmission and Distribution System (T&D System). The individual will be responsible for reporting and advising on electricity regulatory policy including, monitoring, reviewing, researching, analyzing and issue identification in order to develop and retain institutional knowledge related to all financial aspects of rate cases, budgets, etc. including review and maintenance of financial models for LUMA Energy. Additionally, the position will participate in LUMA Energy’s outreach programs and interface with regulators, government officials, trade / industry groups and other Puerto Rico energy stakeholders. The position will focus on delivering data driven solutions

What will you get up to everyday?

• Coordinate and oversee the completion of key components of regulatory filings, including rate cases, annual budgets (operational and capital), system plans, performance metrics and any other filings required by the Puerto Rico Energy Bureau (PREB) on behalf of LUMA Energy.
• Review, analyze and approve regulatory adequacy of regulatory filings including oversight of budget and financial information within the filing, which includes forecasts for the following year and two subsequent years. 
• Identify instances where support material is required, including level required to support prudency of expenditures and alignment with Puerto Rico energy policy.  
• Provide ongoing regulatory support and supervision to all departments and works collaboratively with finance team to ensure best efforts to comply with regulatory agencies’ submission deadlines and to provide sufficient support.
• Ensure timely, complete and appropriate regulatory policy correspondence, typically in writing, with regulatory agencies. 

• Monitor electric regulatory law and policy issues and legislative initiatives and participate in the development of LUMA’s regulatory strategy Participating in relevant agency consultations and preparing responses to and reviewing correspondence from Puerto Rico’s regulatory agencies. 
• Coordinate with regulatory agencies and intervener personnel on financial and regulatory matters.
• Collaborate with internal and outside legal counsel regarding participation in regulatory filings, proceedings, comments and responses. 
• Superior analytical and critical thinking skills with the ability to see the big picture and interpret and assess the short- and long-term impacts of actions and strategies. 
• Strong interpersonal, organization with the ability to influence and communicate effectively with senior company personnel, external consultants, legal counsel, regulatory agency staff and industry stakeholders. Ability to effectively communicate with all levels of employees through various means such as email, phone, video conferencing, and in-person. Strong ability to develop and deliver effective presentations and facilitate meetings as related to strategy, training, and collaborating with various stakeholders 

• Ability to effectively prioritize workloads, meet deadlines and resolve conflicting priorities 
• Proficient skills in the use of computer applications (MS Office, Excel and Work in particular) Experience with programs such as Microsoft Project or other project planning software an asset 
• Perform major storm restoration work and associated drills as assigned 
• Follow all policies and procedures 

• Other duties as assigned 

Leadership Responsibilities

• Managing a group of 3+ individuals

What We are Hoping You Bring to LUMA

LUMA's culture is rooted in the concept of People First, Safety Always. We want your knowledge and expertise to pair with LUMA's globally recognized experts in numerous fields such as customer service, field workforce development, high-voltage transmission engineering, distributed energy resources and mini/micro grid integration. Our employees receive substantial training and development, as well as opportunities for advancement and success. Within our People First, Safety Always culture, we're committed to offering continuous learning opportunities and career-long support for our employees.

Education

• Bachelor’s degree in Engineering, Commerce or Business, or another relevant field

Experience

• Minimum 7 years related work experience in leading high performing teams, in a regulatory environment an asset
• Minimum 3 years in project management role, process improvement, business change experience an asset
• A good understanding of the electric utility model, or other heavily regulated industries, previous experience working at a T&D utility an asset
• Relevant experience in project management, regulated industries, finance, accounting, forecasting, economics, law an asset
• Demonstrated knowledge and understanding of regulatory principles, regulatory policy development and regulatory approval processes, including performance-based incentive ratemaking, wheeling, interconnection and other regulatory structures for a market-based electric system

Travel Requirements

Travels: No

Oversight required: No

Physical Demands

• Stationary Position - Constantly
• Pushing/Pulling/Reaching - Seldom
• Climb - Seldom
• Kneel - Seldom
• Grab - Seldom
• Bend - Seldom
• Lift/carry over - 5-10 LBS
• Vision - 20/20 Corrected Vision
• Hearing - Receive detailed information if spoken to

Working Conditions

• Wet or Humid - Seldom
• Working near or on moving mechanical parts - N/A
• Working near or on heavy machinery - N/A
• Working in high places - N/A
• Exposed to fumes or airborne particles - N/A
• Exposed to toxic or caustic chemicals - N/A
• Frequency of working in outdoor weather conditions - Seldom
• Work with Electricity - N/A
• Work with explosives - N/A
• Work on or near a source of radiation - N/A
• Loud noise conditions (above 87dB)- N/A
• Other Environmental Factors including weather conditions______________________

We are looking forward to seeing your application!

You made it to the end of the job posting! Thank you for expressing interest in LUMA and taking the time to read all the details of this position. We encourage you to apply and give us the opportunity to get to know you better through the recruitment process. Together, we're energizing the people of Puerto Rico.

Note: this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, working conditions, physical demands, and activities may change or new ones may be assigned at any time with or without notice.LUMA provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.