Financial Rates Manager, Public Works Commission, Fayetteville, NC (open until filled)

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Closing: Open until filled
Salary Range: $88,777 – $110,972 annually

Job Description:

This class is responsible for managing the production of data and analysis for predicting/reporting/planning all aspects of the power supply requirements for PWC. Responsibilities include, but are not limited to managing the collection of data and analysis for establishing pricing for the sell of power, reviewing historical data – electric and natural gas records to minimize budget impact for the purchase of required power; forecasting and developing plans for power supply needs on a monthly/long range basis; working with Key Accounts Agent by providing data/analysis for industrial/commercial customers; managing the calculation of rate comparison analysis; verification of industrial monthly billings; analyzing frequency report depicting electric, water and
sanitary sewer billing information; managing the development, maintenance and distribution of a comprehensive rates and policies manual; providing cost and benefit analysis on the evaluation and appraisal of water and sanitary sewer utilities; monitoring/recommending appropriate action from FERC, NCUC, and other regulatory entities for activities/changes which may affect PWC and its general operation; Provides managerial oversight on cost of service studies and designs electric, water, wastewater rates and fees. Manages and develops the coordination of periodic load research data review by customer class. Provides guidance and oversight on the review rate and revenue impacts and develops recommendations for rate adjustments. Coordinating, Managing and Updating Rate Schedules and Procedures for adoption by PWC Board. Provides oversight and management of the operational and statistical data used internally and externally interfacing with inside and outside consultants concerning all utilities; preparing information concerning rates, short range/long range forecasting; projecting rate changes through use of the financial and/or power supply model; driving/operating vehicles in performing work assignments/responsibilities. Supervision is exercised over assigned personnel. Operating under general supervision of the Director of Financial Planning, leeway is allowed for the exercise of independent judgement in carrying out the details of the work. Direct supervision is exercised over assigned personnel. Performs related work as required.

Essential Functions:

  • Assures safety rules are enforced and no lost time accidents occur;
  • Advises/assists supervisor and appropriate staff in carrying out the functions/responsibilities within the department; develops/establishes objectives/long range plans; assures all goals are met;
  • Assures development/enforcement of effective safety and training programs;
  • Pursues the application of management concepts throughout the department in order to promote the growth of employees and the business;
  • Provides accurate/timely reports to supervisor in all areas of responsibility;
  • Develops annual work plans, programs, staffing requirements, equipment requirements and related budgets;
  • Develops/recommends to supervisor, the departmental organizational structure best suited to carry out the department’s objectives;
  • Monitors contractors for satisfactory performance and budgetary compliance;
  • Interviews, selects, hires, promotes, demotes, transfers and recommends termination of employment to supervisor; reviews the performance of staff to encourage growth and development;
  • Assures that position descriptions are prepared for all positions in the department and are maintained current;
  • Conducts staff meetings to improve communication/address problems; recommends solution;
  • Delegates authority to departmental supervisors with full recognition that delegation of authority does not relieve overall responsibility;
  • Recommends approval of travel/vacation/leaves of staff;
  • Processes requisitions for departmental budgetary expenditures;
  • Performs timely employee reviews in accordance with PWC policies/procedures; subordinates, collectively, meeting their standards;
  • Manage revenue adequacy for electric, water and sanitary sewer.
  • Monitors power supply purchase and alerts senior management as required.
  • Manages, organizes, delegates and performs support of the rate schedules ensuring all rate schedules are adhered to throughout the company.
  • Manages development, preparation and interpretation of reports, dashboards, graphs in support of cost of service and financial models.
  • Develops efficient processes for problem solving and resolution; communicates, utilizing proper media, when problems occur as well as upon resolution; identifies root cause and institutes appropriate solutions.

Knowledge, Skills, and Abilities:

Thorough knowledge of safety rules/regulations/ procedures, as appropriate; thorough knowledge of standards/methods/procedures used in projections of power supply requirements for large utility application; thorough knowledge of power generation including application/power supply requirements/related costing procedures, etc.; thorough knowledge of supply side/demand side power supply option in the power industry, and plant supply analysis/forecasting/accounting procedures; thorough knowledge of power systems, power systems characteristics, and gas/fuel oil markets; good knowledge of power plant and purchase power application/demand side management programs; good knowledge of the operation of personal computers and various applications; ability to interface with other power plant staff/professionals in the power supply field; ability to prepare oral/written reports/presentations; ability to communicate effectively orally and in writing; ability to perform technical computations/provide comprehensive recommendations to solve operational problems; ability to develop and maintain effective working relationships with the general public, vendors, contractors, and all levels of employees.


Graduation from an accredited four (4) year college/university with a degree in accounting/math/computer science or related field and a minimum of six (6) years of progressively responsible experience with concentration on power supply, cost of service and rate development working in/for an electric or water/wastewater utility.
SPECIAL REQUIREMENTS: Must possess/maintain a valid North Carolina Driver’s License.
PHYSICAL REQUIREMENTS: Must be able to perform the essential functions of the position