Regulatory Financial Analyst

Eversource will not offer immigration-related sponsorship for this position. Applicants who require immigration sponsorship—either now or in the future—should not apply. This includes, but is not limited to, direct company sponsorship, listing Eversource as the employer of record on immigration documents, or any work authorization that requires company involvement or documentation (e.g., H-1B, OPT, STEM OPT, CPT, TN, J-1, O-1, etc.).

Role and Scope of Position:

The Regulatory Financial Analyst is responsible for financial aspects of the Company’s transmission service, including transmission tariff and wholesale transmission/distribution contract billing, accounting and regulatory reporting for all Eversource Operating Companies. The Analyst is also responsible for FERC regulatory reporting. In this role, the Analyst will collaborate with the Company’s various internal and external business customers.

HYBRID WORK POLICY

Eversource supports work-life balance by offering hybrid schedules for certain roles. Eligibility is based on job responsibilities, operational needs, nature of work and team dynamics. Current guidelines require employees to work at least three days in the office, including Tuesdays and Wednesdays, with the third day set by the employee and supervisor based on department needs. These guidelines apply to roles approved for remote work and are subject to change, based on managerial discretion and work performance. All applicants must be able to work up to five days in the office if needed (for example: emergencies, training, or other business needs) or should the policy change.

Essential Functions:

- Prepares revenue requirements associated with transmission/distribution contract rate calculations and associated development and support of contract regulatory filings.

- Prepares monthly billings related to transmission/distribution contract rates, transmission tariffs and other monthly billings and processes timely through the transmission billing system.

- Responsible for monthly billing analysis and journal entries related to monthly billing calculations.

- Prepares assigned FERC Form 3-Q/1, 582 and Electronic Quarterly Reporting and related financial analysis associated with transmission service contracts and agreements.

- Responsible for associated journal entries and financial statement reconciliations.

- Communicates with customers and responsible for handling customer matters as they arise.

- Reviews and verifies monthly billing received from other entities, including ISO-NE, and process timely payments in Maximo.

- Monitors customer’s accounts receivable status to identify any late payments.

- Prepares forecasts for annual budget and regulatory filings.

- Identify opportunities in areas of responsibilities to reduce redundancies, enhance efficiencies, leverage new technologies and provide consistency.

- Provides financial analytical support to the Transmission Interconnection group, serving as a trusted business advisor.

- Collaborates effectively with several key business areas, such as but not limited to Legal, Transmission Interconnections, Accounting, Financial Reporting, Tax, e.g., and directs a variety of transmission related regulatory financial activities.

- Responsible for the aggregation, research, and resolution of Department issues, including effective communication with the Manager on key issues, impediments, and progress.

Technical Knowledge/Skill/Education/Licenses/Certifications:

Technical Knowledge/Skill:

- Strong knowledge of finance, accounting or other related disciplines. Understanding of utility accounting and regulatory framework is preferred.

- Detail oriented and the ability to be thorough and precise.

- Ability to multi-task and shift among competing priorities.

- Ability to demonstrate excellent written and verbal communication skills.

- Ability to work across functional / organizational boundaries.

- Strong technical skills including MS Office applications and various financial systems.

- Support innovation; continually and consistently challenge the status quo.

- Possess a high degree of initiative and ownership.

- Contribute to a collaborative and positive work atmosphere in a team environment.

Education:

- Bachelor’s Degree in Accounting, Finance, Business Administration or other associated degree.

Experience:

- Three (3) or more years of related experience

- Utility industry finance experience preferred

Working Conditions:

- Must be available to work emergency restoration assignment as required.

- Must be available to travel between MA/CT/NH as necessary.

- Nature of work is driven by accounting close schedule, rate calculation and certification deadlines.

- Involves routine, high volume and high dollar complex calculations

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Competencies:

Build trusting relationships

Manage and develop people

Foster teamwork and cross-functional collaboration

Lead change

Communicate strategic vision

Create an engaged workforce

Focus on the customer

Take ownership & accountability

Compensation and Benefits:

Eversource offers a competitive total rewards program. Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive. The annual salary range for this position is:

$92,730.00-$103,030.00

Worker Type:

Regular

Number of Openings:

1

Emergency Response:

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.

EEO Statement:

Eversource Energy is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

VEVRRA Federal Contractor