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Senior/Lead Regulatory Analyst

Job Summary 104244 - Sr Regulatory Analyst


Works with cross functional teams to plan, prepare, research, analyze, litigate, implement regulatory strategies and plans with each state's regulatory team to meet cost recovery objectives to ensure rates that are competitive, profitable, and comply with regulatory policies and guidelines.
 

Within this environment, the Regulatory Analyst will support accurate, timely and innovative regulatory initiatives, including but not limited to: regulatory rate case filings, compliance filings, tariff filings, regulatory asset accounting, data analysis, and utility capital structure. The Regulatory Analyst will support working relationships with Legal, Financial Planning, Accounting, etc., to meet corporate, regulatory strategic initiatives.

Essential Functions

  • Work with various NiSource operating company management teams to develop strategies and work plans that will ensure timely recovery of costs that are included in base rates and approved recovery mechanisms.
  • Support analytical studies that provide alternative approaches and recommend regulatory strategies that maximize the operating companies; ability to generate revenues and provide for timely recovery of costs while optimizing the return on invested capital.
  • Prepare testimony and exhibits to support regulatory applications; analyze intervenor testimony to formulate responsive testimony and assist with cross-examination strategies; prepare data request responses during general rate cases and other petitions; and assist with support required during Commission hearings.
  • Timely and accurate development, interpretation and input of approved rates into customer billing system.
  • Verification that customers' bills are correctly calculated.
  • Comprehensive financial support, including accurate financial reporting of regulatory items within external filings, financial plan updates and internal management reporting
  • Foster partnership with other internal departments such as Legal, Financial Planning, Accounting, etc.
  • Compiles, organizes, analyzes and formats data for cost recovery filings, base rate case filings and other regulatory reports and filings
  • Provides fundamental rate interpretation, maintains rates in the billing system, coordinates billing changes
  • Provide regulatory support to other business units and project teams
  • Assists in ensuring accurate financial records
  • Maintains awareness of state projects and/or matters in the provision of good customer service
  • Ensures the seamless flow of information amongst team members
  • Embraces and utilizes new technologies and strives for continuous improvement
  • Prepare test scripts for SOX internal control testing, perform and record testing results to maintain adequate internal controls to comply with Sarbanes-Oxley requirements
  • Performs duties under close supervision
  • Provides regulatory support to internal project teams and individuals
  • Interprets and analyzes Commission regulations, rate orders, Commission Staff reports and interveners' positions
  • Coordinates external and internal audits
  • Coordinates tasks within assigned projects
  • Provides technical support for responding to outside parties such as Commission Staff, Consumer Advocates, and legal counsel
  • Maintains rates in the customer billing system and verifies the customer bills are correctly calculated
  • Leads billing implementation changes with IT and other internal groups
  • Assists Managers and Lead Regulatory Analysts with duties, including training of Regulatory Analysts
  • May provide expert testimony in support of filings


Required Qualifications For Position

  • Bachelor's Degree in Accounting, Finance, Economics, or other business discipline
  • Demonstrated ability to work with minimal supervision in an accurate and timely manner and deliver results
  • Proven record of experience in the regulatory environment, public accounting, finance and/or accounting discipline
  • Demonstrated ability to be self-motivated
  • Exhibited expert technical skills and attention to detail
  • Excellent verbal and written communication skills
  • Solid working knowledge of MS Office (Excel & Word)
  • Works well in a team environment
  • Adaptability
  • Initiating Action
  • Work Standards / Quality Orientation


Preferred Additional Qualifications for Position

  • Master's Degree MBA
  • 1-5 years’ experience preferred
  • Witness training and/or previous witness experience
  • Certified Public Accountant (CPA) Upon Hire

Compensation range: $79,800 - $119,600

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Job Summary - 103638 - Lead Regulatory Analyst
Works with cross functional teams to plan, prepare, research, analyze, litigate, implement regulatory strategies and plans with each state's regulatory team to meet cost recovery objectives to ensure rates that are competitive, profitable, and comply with regulatory policies and guidelines.
 

Within this environment, the Regulatory Analyst will support accurate, timely and innovative regulatory initiatives, including but not limited to: regulatory rate case filings, compliance filings, tariff filings, regulatory asset accounting, data analysis, and utility capital structure. The Regulatory Analyst will support working relationships with Legal, Financial Planning, Accounting, etc., to meet corporate, regulatory strategic initiatives.
 

Essential Functions

  • Work with various NiSource operating company management teams to develop strategies and work plans that will ensure timely recovery of costs that are included in base rates and approved recovery mechanisms.
  • Support analytical studies that provide alternative approaches and recommend regulatory strategies that maximize the operating companies¿ ability to generate revenues and provide for timely recovery of costs while optimizing the return on invested capital
  • Prepare testimony and exhibits to support regulatory applications; analyze intervenor testimony to formulate responsive testimony and assist with cross-examination strategies; prepare data request responses during general rate cases and other petitions; and assist with support required during Commission hearings.
  • Timely and accurate development, interpretation and input of approved rates into customer billing system. Verification that customers' bills are correctly calculated.
  • Comprehensive financial support, including accurate financial reporting of regulatory items within external filings, financial plan updates and internal management reporting
  • Foster partnership with other internal departments such as Legal, Financial Planning, Accounting, etc.
  • Compiles, organizes, analyzes and formats data for cost recovery filings, base rate case filings and other regulatory reports and filings
  • Provides fundamental rate interpretation, maintains rates in the billing system, coordinates billing changes
  • Provide regulatory support to other business units and project teams
  • Assists in ensuring accurate financial records
  • Maintains awareness of state projects and/or matters in the provision of good customer service
  • Ensures the seamless flow of information amongst team members
  • Embraces and utilizes new technologies and strives for continuous improvement
  • Prepare test scripts for SOX internal control testing, perform and record testing results to maintain adequate internal controls to comply with Sarbanes-Oxley requirements
  • Performs duties under close supervision
  • Provides regulatory support to internal project teams and individuals
  • ·Interprets and analyzes Commission regulations, rate orders, Commission Staff reports and interveners' positions
  • Coordinates external and internal audits
  • Provides technical support for responding to outside parties such as Commission Staff, Consumer Advocates, and legal counsel
  • Maintains rates in the customer billing system and verifies the customer bills are correctly calculated
  • Leads billing implementation changes with IT and other internal groups
  • Assists Managers and Lead Regulatory Analysts with duties, including training of Regulatory Analysts
  • May provide expert testimony in support of filings
  • Coordinates tasks within assigned projects
  • Provides technical support for responding to outside parties such as Commission Staff, Consumer Advocates, and legal counsel
  • Maintains rates in the customer billing system and verifies the customer bills are correctly calculated
  • Leads billing implementation changes with IT and other internal groups
  • Assists Managers and Lead Regulatory Analysts with duties, including training of Regulatory Analysts
  • May provide expert testimony in support of filings
  • Provides functional guidance to the Regulatory Analysts
  • Provides expert technical regulatory advice
  • Leads projects, provides supervision to project team members and/or coordinates activities within a project requiring specialized analysis
  • Provides expert testimony in support of filings and participates in related negotiations
  • Initiates studies of emerging issues impacting the business; alerts supervisors and potentially affected parties
  • Recommends approaches to preserve or enhance revenue where applicable
  • Prepares analytical regulatory studies, recommends actions and implements new procedures
  • Requests, compiles, organizes, analyzes, and formats data for regulatory filings and special contract arrangements
  • Provides expert tariff interpretation and development for multiple jurisdictions
  • Monitors energy industry trends, analyzes potential impacts and recommends strategic approaches


Required Qualifications

  • Bachelor's Degree in Accounting, Finance, Economics or other business discipline
  • Demonstrated proficiency in multiple functions / successful assumption of increasingly technical projects and responsibilities
  • Proven ability to provide expert technical advice to others in an accurate and timely manner
  • Familiarity with energy markets
  • Able to successfully lead and coordinate projects and supervise project team members


Preferred Additional Qualifications

  • MBA / CPA
  • 5+ years' experience preferred
  • Witness training and/or previous witness experience

Compensation range: $93,800 - $140,700

Work Authorization

Authorized to work in the United States without requiring sponsorship.

Inclusion & Diversity 
Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Equal Employment Opportunity 
NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, sex (including pregnancy, lactation, childbirth or related medical conditions), genetic information, citizenship status, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities. 

Safety Statement
Promote a safe work environment by actively participating in all aspects of our employee safety program.  Report any unsafe conditions and take actions to prevent personal injuries.  Support our interdependent safety culture by ensuring the safety of your co-workers.  Stay focused on the task at hand and promote productivity through good work habits.

Salary Range*:

$93,800.00 - $140,700.00

*The salary offered to a candidate is based on several factors including but not limited to the candidate’s skills, job-related knowledge, and relevant experience, as well as internal pay equity.

Posting Start Date:

2025-04-11

Posting End Date (if applicable):

2025-04-11

Please note that the job posting will close on the day before the posting end date.

Average salary estimate

$110250 / YEARLY (est.)
min
max
$79800K
$140700K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior/Lead Regulatory Analyst, NiSource

Join NiSource as a Senior Regulatory Analyst in Merrillville, IN-SLC, where you can leverage your skills to impact regulatory strategies that drive competitive and profitable rates. In this role, you'll work closely with cross-functional teams to develop innovative regulatory initiatives, such as rate case filings, compliance filings, and utility capital structure strategies. Your keen analytical skills will be essential as you assess various approaches to ensure timely cost recovery and optimal capital investment returns. Not only will you prepare testimony and exhibit support for regulatory applications, but you will also play a crucial role in data analysis to inform decision-making and support the seamless flow of information within your team. You will collaborate with departments like Legal and Financial Planning, ensuring a well-rounded approach to regulatory compliance. Embrace technology as you strive for continuous improvement in maintaining customer billing systems and verifying bill accuracy. This is your chance to elevate your career and be part of a team committed to excellence in regulatory practices. Don't miss this opportunity to contribute to NiSource’s mission of delivering reliable service while promoting a safe and inclusive workplace.

Frequently Asked Questions (FAQs) for Senior/Lead Regulatory Analyst Role at NiSource
What are the key responsibilities of a Senior Regulatory Analyst at NiSource?

As a Senior Regulatory Analyst at NiSource, you'll engage in several crucial responsibilities such as developing regulatory strategies, preparing testimony for regulatory applications, and conducting thorough data analyses. You'll play a vital role in ensuring that cost recovery mechanisms are optimized while maintaining compliance with regulatory policies. Collaborating with other departments like Legal and Financial Planning is also essential for achieving successful outcomes in rate case filings and compliance initiatives.

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What qualifications are needed for the Senior Regulatory Analyst role at NiSource?

To be considered for the Senior Regulatory Analyst position at NiSource, candidates should possess at least a Bachelor's degree in Accounting, Finance, or Economics, along with demonstrated experience in the regulatory environment. Strong analytical skills, attention to detail, and proficiency in MS Office, particularly Excel and Word, are essential. Preferred qualifications may include an MBA or CPA and familiarity with energy markets.

Join Rise to see the full answer
What is the typical salary range for a Senior Regulatory Analyst at NiSource?

The typical salary range for a Senior Regulatory Analyst at NiSource falls between $79,800 and $119,600. However, the final compensation will depend on various factors such as relevant experience, skills, and internal pay equity, ensuring a fair and competitive salary for qualified candidates.

Join Rise to see the full answer
What does a day-to-day operation look like for a Senior Regulatory Analyst at NiSource?

In a day-to-day operation, a Senior Regulatory Analyst at NiSource engages in analytical studies, collaborates with multi-functional teams, and prepares presentations for regulatory hearings. You'll be constantly verifying customer billing calculations and interpreting regulatory requirements, all while supporting your team members and fostering productive relationships across the organization.

Join Rise to see the full answer
How does NiSource support professional development for Senior Regulatory Analysts?

NiSource is committed to employee growth, offering various opportunities for professional development for Senior Regulatory Analysts. This includes training programs, mentorship initiatives, and continuous learning resources that promote skill enhancement in regulatory practices and leadership capabilities.

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Common Interview Questions for Senior/Lead Regulatory Analyst
Can you describe your experience with regulatory filings?

When answering this question, focus on specific instances where you prepared or supported regulatory filings. Detail the types of cases you worked on, the challenges you faced, and how you overcame them. Highlight your analytical skills and attention to detail, as these are critical competencies for a Senior Regulatory Analyst.

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How do you stay updated on regulatory changes?

Discuss your methods for staying informed on regulatory changes, such as following industry news, participating in relevant webinars, or engaging with professional networks. Emphasize your commitment to continuous learning and how this awareness contributes to your role as a Senior Regulatory Analyst.

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What analytical software or tools have you used in previous roles?

Be specific about the tools and software you are familiar with, such as Excel, regulatory analysis software, or financial modeling tools. Explain how you have utilized these tools in your past experience, showcasing your comfort level with data analysis as it relates to regulatory work.

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Can you provide an example of a challenging regulatory situation you've handled?

When discussing challenges, share a specific example that demonstrates your problem-solving skills. Explain the regulatory issue, the steps you took to address it, and the lessons learned from the experience. This will showcase your critical thinking and ability to manage complex situations effectively.

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How do you collaborate with other departments in your role?

Highlight the importance of teamwork in regulatory roles. Discuss how you build cross-functional relationships with departments such as Legal and Finance, detailing specific instances where collaborative efforts led to successful regulatory outcomes.

Join Rise to see the full answer
What strategies do you employ for effective data analysis?

Outline the strategies you find most effective for data analysis, such as ensuring data integrity, employing statistical methods, or utilizing visualization tools to communicate findings effectively. Discuss your approach to interpreting data and how it informs regulatory strategies.

Join Rise to see the full answer
How do you handle conflicting stakeholder interests?

Talk about your experience in navigating conflicts among stakeholders, emphasizing your communication and negotiation skills. Share how you work to understand varying perspectives and find common ground to reach agreeable solutions in your analysis and regulatory initiatives.

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Describe your experience in preparing testimony for regulatory applications.

Discuss your involvement in preparing regulatory testimony, outlining the process you followed, and any specific successes you achieved. Explain how you ensure accuracy and clarity in your testimony, as well as your ability to handle cross-examinations.

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How do you ensure compliance with regulatory requirements in your work?

Explain your systematic approach to ensuring compliance, including regular training, staying informed about regulatory changes, and employing checks and balances in your reports and analyses. Highlight your meticulous health in verification as part of this process.

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What motivates you in your work as a Senior Regulatory Analyst?

Reflect on your passion for analytical work and your desire to make a meaningful impact in the regulatory field. Share examples of specific projects or successes that have motivated you and how they align with NiSource’s commitment to excellence in service.

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