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Cost Recovery Senior Specialist

Southern California Edison

Rosemead, CAHybridJobNo compensation foundPosted 1mo agoSeen in employer's feed 3 days ago

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At a glance

Compensation
No compensation found
Location
Rosemead, CAHybrid
Work Authorization
Not specified

Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

Southern California Edison is hiring a Cost Recovery Senior Specialist. The Cost Recovery Senior Specialist at Southern California Edison (SCE) will provide analytical support to case managers on cost recovery proceedings, including Wildfire and Catastrophic Event Memorandum Account (WMCE) applications and Energy Resource Recovery Account (ERRA) applications, at the California Public Utilities Commission (CPUC). This role contributes to the company's $19 billion revenue requirement and involves preparing materials for CPUC regulatory and reporting requirements.

Key focus areas include Participates in activities to determine financial and operational impact of changes., Prepares financial review analysis, queries databases, gathers data., and Completes analysis projects, including pricing analysis, forecast modelling and performance..

Successful candidates bring 5+ Years Modeling/Forecasting Experience. Preferred (not required): Financial Review Analysis, Queries Databases, Gathers Data, and Pricing Analysis.

Skills & qualifications

RequiredNice to have

Skills

Financial Review AnalysisQueries DatabasesGathers DataPricing AnalysisForecast ModellingPerformance AnalysisCollaborates Across DepartmentsDevelops Analysis ModelsDocuments Assumptions and ResultsEvaluations of Market StructuresMarket Design InitiativesDriving Cross-Functional Internal Teams to ConsensusAnnual Budget DevelopmentLong-Range Financial ForecastAnalysis of Forward-Looking Income StatementsAnalysis of Balance SheetsAnalysis of Cash Flow StatementsCoordinates Integration of Data and ForecastsSoftware ApplicationsDevelop Tools for Analysis ProjectsTechnical Information and SkillsUpdates Forecast Processes and DocumentationEnsuring Protection of AssetsProperly Accessing and Managing Private Customer DataProperly Accessing and Managing Proprietary InformationProperly Accessing and Managing Confidential Medical RecordsHighest Standards of Conduct and IntegrityMicrosoft Word

Qualifications

5+ Years Modeling, Forecasting or Economic Analysis and Reporting ExperienceBachelor's of Science in Business AdministrationBachelor's of Science in Public PolicyExperience Supporting Analysis for Regulatory ProceedingsExperience Working for a Utility CompanyExperience Writing Testimony in Support of Regulatory FilingsExperience Identifying, Leading, and Supporting Ad-Hoc Short-Term ProjectsExperience Presenting and Providing Information on Financial and Operational ImpactsExperience Reviewing Historical, Pending, and New Business Processes

Full job description

Join the Clean Energy Revolution

Become a Cost Recovery Senior Specialist at Southern California Edison (SCE) and build a better tomorrow. In this job, you'll be part of the State Regulatory Operations Cost Recovery team at SCE, primarily responsible for providing analytical support to case managers on cost recovery proceedings including Wildfire and Catastrophic Event Memorandum Account (WMCE) applications, the Energy Resource Recovery Account (ERRA) applications, and other cost recovery proceedings at the California Public Utilities Commission (CPUC), contributing to the company's $19 billion revenue requirement. This position will also be responsible for preparing materials to meet CPUC regulatory and reporting requirements. As a Cost Recovery Senior Specialist, your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?

Responsibilities

  • Participates in activities to determine the financial and operational impact of changes in company assets or the business environment.

  • Prepares financial review analysis, queries databases, gathers data.

  • Completes analysis projects, including, but not limited to, pricing analysis, forecast modelling and performance.

  • Collaborates across departments, develops analysis models, and documents assumptions and results.

  • Delivers support for evaluations of market structures, outcomes, and the periodic reporting of market status and results.

  • Contributes to the implementation of market design initiatives, driving cross-functional internal teams to consensus on selected market design approaches.

  • Assists the development of the annual budget and long-range financial forecast, including analysis of forward-looking income statements, balance sheets, and cash flow statements.

  • Coordinates the integration of data and forecasts from multiple sources to support these studies. Utilizes spreadsheets, databases, and other software applications to develop tools for analysis projects using appropriate technical information and skills.

  • Updates forecast processes and documentation to ensure they are efficient, reviewable, and reliable.

  • A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.

Minimum Qualifications

  • Five or more years of experience performing modeling, forecasting or economic analysis and reporting.

Preferred Qualifications

  • Bachelor's of Science in Business Administration, Engineering, Economics, Law, Finance, Communications, Public Policy or related discipline

  • Experience in supporting analysis for regulatory proceedings.

  • Experience working for a utility company.

  • Experience writing testimony in support of regulatory filings.

  • Experience identifying, leading, and supporting ad-hoc short-term projects

  • Experience presenting and providing information on the financial and operational impacts of existing and proposed risk-informed strategies to leadership

  • Experience reviewing historical, pending, and new business processes to identify potential impacts on operations, including recommendations to address the operational impacts.

  • Advance Proficiency with the following software tools: Microsoft Word, Excel, and Power Point.

Additional Information

  • 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 work and reside in the state of California.  Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.

  • Visit our Candidate Resource (https://www.edisoncareers.com/page/show/candidate-resources) page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!

  • Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

  • Relocation does not 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.

Southern California Edison is a proud Equal Opportunity Employer, including disability and protected veteran 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 [email protected] or (626) 302-3456 and select option 2.

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