Manager, Service Company and Rate Case Support

About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.

National Grid is hiring a Manager, Service Company and Rate Case Support in Brooklyn, NY

Job Purpose

As part of the Global Financial Reporting group, the Service Company and Rate Case Support team is primarily responsible for Service Company financial reporting, calculating annual allocation rates, the A&G time study and associated journal entries, and testing compliance of transactions to allocation policy and rate case cost of service. These processes ensure accurate financial statements and rate case cost of service, which is pivotal to the Finance function and National Grid as a whole.

Manager, Service Company and Rate Case Support, oversees the rate case support testing and Service Company compliance and reporting, and ensures the integrity of financial inputs for rate case submissions.

Reports to the Director, Global Financial Reporting, and is responsible for producing accurate and credible results.

Key Accountabilities

- Oversee the Cost Allocation Compliance/Rate Case Data Scrub testing

- Execution of the A&G study update and associated monthly journal entries

- Annual allocation rate update

- Approval of allocation rates assigned to new internal orders

- Delivery of annual FERC Form 60 reports for Service Company

- Review of quarterly analytical procedures over Service Company financial information

- Respond to ad-hoc requests from regulatory authorities

- Develop testing program for each rate case submission in NY and NE

- Test integrity of underlying financial information utilized in developing rate case submissions

- Identify transactions that need to be excluded from rate case submission

- Partner with the NY and NE regulatory teams to provide Finance support during the rate case process

- Assist in addressing ad-hoc information requests issued by the NY and NE regulators

Qualifications

- Bachelor’s Degree with a minimum of 6 years’ experience in accounting roles with increasing responsibility

- Knowledge of general ledger platforms and accounting system experience

- Knowledge of industry-specific regulatory accounting principles under US GAAP (ASC 980) and the FERC Uniform System of Accounts

- Experience reviewing and resolving data discrepancies

- Able to assess accounting issues and recommend solutions

- Able to build strong relationships with internal and external stakeholders

- Experience managing competing priorities while maintaining compliance and meeting deadlines

- Excellent written/oral communication skills

Salary

$147,000 - $173,000 a year

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.