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Golden Spread Electric Cooperative, Inc. generates electricity for the purpose of delivering cost-effective and reliable power to our 16 Member Distribution Cooperatives. As a cooperative, we are not-for-profit and provide services exclusively for our Members. Our team values integrity, respect, cooperation, and service.
Position Summary
We are seeking a motivated and skilled Regulatory & Rates Analyst to join our team. This role is ideal for a professional experienced in data-driven analysis, rate forecasting, and rate design. This role will analyze and interpret regulatory requirements, develop and design wholesale rate structures, and evaluate proposed rules and regulations that would impact GSEC and its Member Distribution Cooperatives.
Key Responsibilities
Support the organization’s development and implementation of wholesale rates.
Develop, maintain, and monitor rate forecasts and annual rates.
Prepare financial analyses to support the revenue requirements of GSEC rate products.
Develop and maintain tracker of GSEC’s Transmission Cost of Service (“TCOS”) investment and revenues.
Maintain and reconcile GSEC’s Formula Rate Template
Track and analyze the impact of business changes, including accounting policy changes, on GSEC’s various rate products.
Research and analyze regulatory trends for cost allocation and rate design.
Qualifications
Bachelor’s degree required in Finance, Accounting, Economics, Mathematics, or related field.
Minimum 2 years of experience in financial analysis, utility regulation and rate design, or related field. Preference will be given for industry-specific experience.
Strong analytical skills with proficiency in financial modeling, forecasting, and scenario analysis
Experience interpreting complex data sets and clearly articulating insights in both written reports and presentations.
Knowledge of utility regulatory practices, FERC chart of accounts, cost of service, and cooperative accounting and ratemaking preferred.
Proficient in Microsoft Office 365 Suite, especially advanced Excel capabilities.
Highly developed verbal and written communication skills to communicate complex data analysis with internal and external stakeholders, including Member Distribution Cooperatives, the legal team, executive team, and outside consultants.
Comprehensive medical, dental, and vision coverage.
401k with employer match and retirement pension.
Accrued PTO plus 9 paid holidays.
Wellness program.
Employee assistance resources.
…and much more!
Company Culture
Our culture is built on collaboration, connections, and a strong commitment to service. We take pride in supporting our Members and their rural communities. We want every employee to understand the meaningful impact of their work for our Members. We invest in our team through ongoing learning, training, and professional growth. We value work-life balance, support strong family values.
Organized in 1984 to provide low cost, reliable electric service for our rural cooperative members, we are a tax-exempt, consumer-owned public utility. Through our 16 member systems, we provide electric service to approximately 287,000 members located in the Oklahoma Panhandle and an area covering 24 percent of Texas, including the Panhandle, South Plains, and Edwards Plateau Regions. Our quality products and services are delivered to our membership by our high-performing teams.
High-performing teams build relationships. That's why we look for people who know how to do it. We have developed a strong reputation for being innovative and hiring top industry talent. If you choose to join us, you will gain opportunities that will shape you for years to come. A career at Golden Spread offers the opportunity to build deep industry networks and draw upon first-class development opportunities. We understand the importance of working together with our Members, vendors, and colleagues. Our culture is collaborative, inclusive, and focused on the concept of breaking down barriers. Your ideas and contributions will not only be welcomed, but they will also be sought after, and above all, you’l...l be valued. We’ll offer development opportunities in your day-to-day work and real recognition for your ongoing success.