Director of Finance & Economics

This job was posted by https://www.vermontjoblink.com : For more information, please see: https://www.vermontjoblink.com/jobs/1432923 ## Overview The Vermont Department of Public Service (PSD) is seeking a Director of Finance & Economics to lead critical financial and economic analyses in support of the Department's mission to represent the public interest in utility matters. This position reports to the Commissioner and directly supervises two financial assistants. The Director of Finance & Economics evaluates the financial strengths and weaknesses of regulated utilities and provides expert analysis and testimony before the Vermont Public Utility Commission. The work involves complex financial and economic assessments related to cost of service, rate base, cost of equity, rate of return, and rate design, ultimately determining whether proposed utility rates are just and reasonable under traditional and alternative ratemaking standards. Ideal candidates will bring: - Deep knowledge of utility cost-of-service principles, financial accounting principles, cost accounting, depreciation, and cost study methodologies. - Strong understanding of micro and macroeconomic principles and their application in utility regulation. - The ability to master intricate policy and procedural issues related to rate setting, cost allocation, rate design, market restructuring, and state and federal regulatory frameworks. - Experience conducting audits, managing consultants, and providing clear, data-driven recommendations. - Excellent communication skills, with the ability to present complex technical information clearly and persuasively. - Strong collaboration skills, with the ability to work effectively with utility representatives, government officials, and the public. This is a highly visible leadership role that directly impacts Vermont's energy and utility landscape. The full job specification can be viewed on the DHR website{target="_blank" rel="noopener"}. ## Environmental Factors Duties are performed largely in a standard office setting, unless duly authorized for telecommuting, although trips to field sites may be necessary. Private means of transportation must be available for required travel. Involvement at hearings will occur regularly, involving testimony as an expert witness. Strong adversarial opinions will be encountered, requiring constant search for reasonable and defensible recommendations that recognize the legitimate interests of all affected parties. Duties may not always conform to regular office hours.