Senior Associate/Regulatory and Financial Modeling Manager (Energy practice)

Charles River Associates • Washington, DC

1d • $115,000 - $220,000 • Hybrid

About The Position

For over 50 years, Charles River Associates has been a premier consulting firm that offers employees a place to learn from a diverse group of consultants, industry experts, and academics. At CRA you will be exposed to leading minds who use economic, financial, and business analysis to solve complex world problems for an impressive roster of clients, including major law firms, Fortune 100 companies, and government agencies. Through a collegial environment, formal and informal training opportunities, and a broad array of professional development resources, your experience at CRA will open doors for you as you launch your career.
Consultants in CRA’s Energy practice have researched, published, taught, and consulted on energy matters for a wide range of clients, including electric and gas utilities, investors, power asset owners and developers, power agencies, large industrial firms, and clean energy technology leaders. Our work in the energy industry has guided the energy transitions of major firms, established legal precedents in economics, and set new standards in market design and oversight. We have advised on developing the structure of national and regional competitive markets, reorganized multi-billion-dollar companies, testified in hundred-million-dollar damages litigation, and played a key role in most North American utility mergers and acquisitions that have taken place over the last decade.
CRA is seeking qualified candidates with prior experience, and knowledge of utility ratemaking and the regulatory process to join our team. As a Senior Associate, you will conduct research and use software to organize, analyze, and deliver data-driven insights, and you will always have your project team as a resource. Your responsibilities may include (but are not limited to):

Requirements

• Bachelor's in Economics, Finance, Engineering, or Accounting. Master’s degree preferred.
• 5+ years of professional experience in an electric and/or natural gas regulatory specialty, including revenue requirements, cost of service, and/or rate design.
• 2+ years of professional experience directly managing or leading the work of others.
• Experience developing, working with, and interpreting complex regulatory and financial models.
• Knowledge of the FERC Uniform System of Accounts.
• Excellent presentation skills and writing ability.
• Strong problem solving abilities and resourcefulness.
• Working well in a team environment, and willingness to provide mentorship and supervision to junior staff members.

Nice To Haves

• Experience as an expert witness in regulatory proceedings before state public service commissions and/or FERC is a strong plus.
• Previous project and client management is a strong plus.

Responsibilities

• Manage Energy practice teams in regulatory-focused client engagements, including general and limited-issue rate cases, development of regulatory strategy, and regulatory due diligence for transactions;
• Act as a principal custodian of some of the Energy practice’s ratemaking models;
• Serve as a subject matter expert for clients on ratemaking issues and regulatory strategy;
• Perform a broad range of quantitative consulting tasks such as developing forecast scenarios and assumptions, evaluating regulatory and rate outcomes, and assessing the value of regulated entities based on future financial performance;
• Support the development of industry leading models through research and analysis, programming, and model vetting in areas like transaction support and cost of service;
• Develop presentations and reports to concisely, comprehensively, and accurately share findings with clients on complex matters;
• Effectively communicate and present information and results to senior- and mid-level staff of clients;
• Oversee junior staff in the production of reports, presentations, and market analyses.

Benefits

• CRA’s robust skills development programs, including a commitment to offering 100 hours of training annually through formal and informal programs, encourage you to thrive as an individual and team member.
• Beginning with research and analysis skill building, training continues with technical training, presentation skills, internal seminars, and career mentoring and performance coaching from an assigned senior colleague.
• Additional leadership and collaboration opportunities exist through internal firm development activities.
• We offer a comprehensive total rewards program including a superior benefits package, wellness programming to support physical, mental, emotional and financial well-being, and in-house immigration support for foreign nationals and international business travelers.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees