New York Power Authority Temp Senior Revenue & Pricing Analyst in White Plains, New York
The Revenue & Pricing Analyst is mainly responsible for preparing generation and transmission asset revenue requirement/cost-of service studies; developing rate and cost recovery mechanisms and energy market evaluation and analysis; and all additional functions essential to calculate the costs of providing transmission and production services to our customers for the purpose of cost recovery. Once costs have been finalized, the analyst will translate the results into comprehensive pricing mechanisms to assure appropriate electric commodity and transmission cost recovery. Additional responsibilities will be to establish billing procedures and to produce market competitiveness analyses for NYPA’s customers.
Develop, maintain, assure quality control, and recommend adjustments to the existing and any new NYPA governmental and business customer revenue requirement/cost-of-service (COS) studies and commodity rate models including addressing customer information requests and supporting statutory and contractual requirements associated with any proposed rate action.
Develop any new cost recovery methods and run the existing monthly cost recovery reconciliations, including Energy Charge Adjustment (ECA) processes. Approve the accuracy and analyze the results for reporting to internal and external customers.
Plan and participate in the execution of the rate setting processes, including running of customer bills for impact analyses, gathering rate assumptions and inputs, developing supporting rate data, and verifying rate outputs for accuracy. Communicate the process and potential outcomes to the internal and external stakeholders.
Streamline internal existing processes.
Develop and maintain the process and models for billing monthly governmental customer Con Ed delivery rates and surcharges.
Develop customer savings/cost comparison by using existing market analysis models, including gathering internal requirements, setting up monthly rate inputs and adjusting the models to appropriately reflect electric market conditions in NYS.
Perform cost-benefit and economic savings analyses for services provided to NYPA’s current and potential customers and any other special/ advanced analyses as directed by senior management.
Lead the research on COS, rate engineering and market administration related to cost setting and recovery methods and trends, including monitoring and interpreting utilities, NYISO and PSC tariffs and procedures.
Develop and present new business practices associated with rates and rate methodologies to the Senior and Executive staff when appropriate.
Provide training and guidance to the team on distinct functions covered within the Revenue & Pricing Analysis.
Responsible for the computation of the annual reconciliation calculation of the Hydroelectric Rate Stabilization Reserve (“RSR”). Analyze the subject costs (operating and capital costs) and revenues (UCAP and ancillary services sales), synthesizing and developing RSR report for customer review.
Prepare any analyses required for the preparation of FERC revenue requirement filings needed for cost recovery of Authority’s increased costs for maintaining and investing in its transmission assets.
Provide support for response to data requests and FOIL requests that result from the above-mentioned cost of service/revenue requirement processes. Participate in customer meetings concerning rate matters.
Knowledge, Skills and Abilities
In-depth knowledge of the electric utility industry and NYISO market is required.
Proficient knowledge of economics, finance, and accounting concepts and theories.
Excellent analytical skills required, including the ability to perform statistical and quantitative analysis.
Ability to analyze financial, marketing and utility tariff data and make recommendations to establish strategic benchmarks and goals.
Proficiency in Microsoft Excel is required, including functions such as: pivot tables/charts, advanced sorting, vlookup, match, offset, data linking to Access databases, import of data from Excel, CSV and other flat file formats. Excel test will be given at interview.
Ability to anticipate problems/issues, streamline, and propose solutions as appropriate is required.
Proactive approach to identify opportunities to improve efficiency of work processes and computer model systems. Willingness to research and learn new areas as the business needs change.
Ability to manage multiple projects simultaneously is required.
Strong communication skills are essential and must be well-versed in revenue, cost recovery/rates and tariff methodologies and terminology. Ability to clearly explain and present concepts in multiple areas of expertise to peers and management.
Understanding of the utility industry, Public Service Commission policies and ruling, and FERC policy preferred.
Excellent understanding of pricing models is required.
Ability to assist others in achievement of group goals and foster an environment of cooperation among group members.
Ability to work with minimal supervision once direction is given.
Ability to work in a team environment is required.
Education, Experience and Certifications
Bachelor’s Degree in Business, Economics, Marketing, Finance, Accounting, Math, or related discipline is required.
MBA or other graduate degree is preferred.
Project Management experience is preferred.
Minimum of 5 years of utility revenue, pricing, and market analysis experience is preferred.
Military Occupational Speciality Codes
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The New York Power Authority is an Equal Opportunity Employer