BUDGET AND RATES ADMINISTRATOR
PRIMARY FUNCTION
Under general direction from the AGM of Finance, compile the District’s annual operating and capital improvement budgets; develop cost-of-service-based electrical rates; review financial analyses of proposed capital projects; and provide reports and presentations to the Board of Directors for review and approval.
This is an exempt position and is part of the Professional and Supervisory Bargaining Unit.
ESSENTIAL DUTIES
Establish, review, and implement the approved annual budget; provide accurate, consistent and timely projected financial information by establishing and administering appropriate budget preparation practices; provide assistance and advice to other District departments and divisions; coordinate budgeting activities with other departments to ensure efficient and effective delivery of utility services; coordinate budget review and approval process with Board; d evelop and implement rate strategies, the structuring of position assignments to meet organizational needs and strategic business goals, plans, programs and initiatives for the budget section; assist with the planning and development of business plans and the implementation of these plans as necessary; implement rate policies, direct studies, experiments and programs within guidelines; develop options and alternative rate structures; research and develop innovative rate designs and provide innovative customer rate options; conduct load research to provide statistical analysis of customers; perform and analyze cost of service studies for electric customers; represent the District in rate related matters at Board, media, community group workshops and other agencies; perform statistical and financial studies for the District.
OTHER RELATED DUTIES
Perform other duties as assigned.
QUALIFICATION STANDARDS
Any combination of education, experience, knowledge and abilities may satisfy the necessary minimum qualifications. A typical way to obtain the education, experience, knowledge and abilities would be:
Education: Graduation from an accredited four (4) year college or university with major course work in business administration, engineering, economics, mathematics or a closely related field. A Masters degree in accounting, finance, or business administration is preferred.
Experience: Ten (10) years significant experience in finance, budgeting, and ratemaking .
Knowledge and Abilities: Knowledge of budgeting and finance principles and practices; excellent verbal and written communication skills; attention to detail while maintaining a strategic perspective; electric utility costing theory, including retail rate design and average and marginal costing; trends of electrical rate design; costing and pricing alternatives; economic objectives of pricing; load research techniques; utility systems operations and electric resource planning, utility accounting leadership principles and practices; managerial theories, principles, methods and techniques. Ability to coordinate and facilitate large and diverse groups to consensus and accomplish assigned goals; keep current on relevant utility budgeting, financial issues, and rates, maintain a expanded knowledge of relevant District issues; communicate effectively with all stakeholders associated with budgeting, finance and rate design; analyze and present information for approval; develop effective rate programs; communicate effectively orally and in writing; manage multiple projects with limited resources; ability to adjust to multiple and changing priorities, and deal with ambiguity while understanding the District’s business model.
Special Requirements: Must have a valid California Class C driver license.