Lead Pricing Analyst in Albuquerque, New Mexico at PNM Resources

POSTING DEADLINE

This position is posted until filled.

DEPARTMENT

Department: Strategic Market and Product Management

JOB DESCRIPTION

Lead Pricing Analyst

Salary Grade: G05
Minimum Midpoint Maximum
$94,831 - $128,022 - $161,213

SUMMARY:

Under minimal supervision, applies expert-level knowledge and understanding of ratemaking economics, business, and regulatory practices to support market strategies, segment business plans, and company regulatory strategies. Assists in the development, implementation and monitoring of strategic projects and initiatives and serves as a lead to junior level staff.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Leads a team whose research and analysis of complex business processes and procedures result in the development of strategies that align with Company-wide goal and objectives

Directs others in the data collection, research, analysis, and interpretations of findings

Provides utility market intelligence oversight including in depth analysis of other utilities' pricing structures, available rate options, financial and operational metrics

Leads the developments of expert testimony, when required, regarding the rate design, pricing, and unbundling and other analyses to support market and regulatory strategies

Prepares a variety of specialized analysis of company records, financial data, exhibits, and related studies for regulatory reports, tariff structures, rate case filings, interrogatory responses to ensure accuracy, consistency, and clarity

Establishes regulatory filing objectives and leads the efforts of group to successfully meet the established objectives, including market segment plans

Leads the development and preparation of economic and cost of service schedules and tariffs to meet company revenue needs and comply with regulatory requirements

Works with the New Mexico Public Regulation Commission and Federal Energy Regulatory Commission Staffs, attorneys, and personnel in all areas of the Company to accomplish regulatory objectives

Communicates regulatory compliance filing requirements to appropriate areas of the Company and gains cooperation from those areas to meet the requirements

Leads the production of complex financial and technical data and interprets the results for management

Maintains an expert-level knowledge of finance, accounting, economics, business, and regulatory principles to evaluate issues and develop policy proposals and strategies

Submits expert testimony, when required, regarding rate design, pricing, unbundling and other analysis to support market and regulatory strategies

COMPETENCIES:

Advanced knowledge of integrated resources planning, demand side management strategies, incentive rate design, and cost-effectiveness testimony.

In depth knowledge of Pricing and Forecasting Principals and practices

Expert-level understanding of regulatory procedures, pricing theory, regulated ratemaking techniques, and negotiating skills

Advanced knowledge of electric utility industry process, organization, financial structure and economic requirements

Strong working knowledge of accounting, economics and business finance

Advanced knowledge of the filing requirements and appropriate procedures for both the New Mexico and Federal jurisdictions

Strong Leadership skills and the ability to accomplish goals through the actions of a team

Ability to identify potential regulatory issues or problems and form sound recommendations

Ability to coordinate the efforts of a task force

Strong knowledge of tariffs and rules and regulations

QUALIFICATIONS

MINIMUM EDUCATION AND/OR EXPERIENCE:

Bachelor's degree from four-year college or university in accounting, finance, economics, statistics, or related fields with seven to eight years related experience, or equivalent combination of education and/or experience related to the discipline.

Master¿s degree in business is preferred.
COMMUNICATION SKILLS:

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations

Ability to write reports, complex correspondence, and procedure manuals.

Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public

Ability to respond effectively to highly sensitive inquiries or complaints

Ability to effectively give persuasive speeches and presentations on controversial or complex topics to various audiences

Ability to speak clearly and persuasively in positive or negative situations
MATHEMATICAL SKILLS:

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry

Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

COMPUTER SKILLS:

Ability to develop and/or maintain pricing/rate design computer models

In-depth knowledge and experience using personal computers and selected software ( electronic spreadsheets, word processing)

Solid working knowledge of database management and analysis systems

ANALYSIS AND PROBLEM-SOLVING ABILITY:

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS:

While performing the duties of this job, the employee is regularly required to walk and/or stand up to 1/3 of the time and sit up to 2/3 of the time. Manual dexterity required, good vision, and the ability to talk and listen. The employee must occasionally lift and/or move up to 10 pounds.

WORK ENVIRONMENT:

Office environment.

SAFETY AND ADA STATEMENT

Safety Statement:
Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.

Americans with Disabilities Act (ADA) Statement:
If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.