Lead, Regulatory Analyst

Job Description

Job Title: Lead, Regulatory Analyst

Posting Start Date: 12/17/25

Job Description:

Position Details:

Posted Range:$83,550-$137,380

The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined based on factors such as market, geography, skills, education and/or experience. At American Water, we are committed to pay equity.

In addition to compensation, you will be offered a comprehensive benefits package including 401(k),Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more!

American Water is also proud to offer employees learning opportunities and work experiences to grow professionally!

Primary Role:

Leads the end to end preparation and development of financial analysis and the compliance reporting requirements for multiple states to support state/operational business partners in the most complex rate and regulatory matters. Owns the completion of exhibits, work papers, interrogatories in a timely and accurate fashion for rate case filings and alternative mechanism filings. Sponsors written testimony for regulatory filings. Leads the preparation of regulatory reports, financial information and operational data necessary for filings with state regulatory commissions. Also provides the most complex technical solutions and analysis on national issues. Owns the calculation of the revenue requirement for the most complex regulatory filings.

This role can be based anywhere within the AW-regulated footprint. Key Accountabilities:

- Prepare analysis that supports operational/state business partners in the filing of base rate cases and alternative regulatory mechanisms (DSIC, RAC, trackers, etc). Ensure the financial support is complete, accurate and timely prepared meeting all filing deadlines.

- Own the end to end preparation and development of the most complex pro forma adjustments that are relied upon to support base rate case requests and alternative regulatory mechanisms.

- Prepare accurate rate case support schedules, testimony and exhibits for complex issues.

- Prepares written testimony (written and oral) and sponsors complex adjustments in rate filings.

- Provides technical solutions and analysis on national issues.

- Prepares responses to interrogatories for schedules and exhibits they own and assists and mentors regulatory analysts in their development.

- Prepares the revenue requirement calculation. Able to complete the most complex revenue requirement calculations.

- Develops and delivers the most complex financial support that is relied upon by Company consultants in areas such as: cost of service studies, return on equity, capital structure, depreciation studies, service company costs, Lead/Lag studies, etc.

- Prepares complex filings that respond to requests from the Commission or comply with regulatory compliance requirements from previous Orders.

- Analyze complex utility applications, reports, financial records, and cost studies.

- Provides research and comparative analyses of most complex public utility issues, trends and best practices.

- Ensures regulatory filings are appropriately filed on the regulatory SharePoint site.

- Identifies and leads activities to drive continuous process improvements.

- May be responsible for the supervision of staff, could include hiring of the staff, goal/objective setting, performance management and career development planning

Knowledge/Skills:

- Bachelor's degree in economics, finance, accounting, business or a closely related field or an equivalent combination of education and experience.

- MBA in Accounting or Finance preferred. CPA, CMA or other technical license a plus.

Experience/Education:

- Seasoned professional with ten plus years of prior experience in the utility industry and/or shared service or multi-company corporation. Working knowledge of SAP a plus.

- Bachelor's degree in economics, finance, accounting, business or a closely related field or an equivalent combination of education and experience.

- MBA in Accounting or Finance preferred. CPA, CMA or other technical license a plus.

Work Environment:

- Standard office environment

Competencies:

Champions safety

Customer obsessed

Cultivates innovation

Nimble learning

Drives Results

Collaborates

Travel Requirements:

- Up to 20%