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Forecasting Advisor - Regulatory Affairs (Hybrid Schedule)
About the position
SoCalGas, the nation's largest gas distribution utility, is dedicated to providing safe, reliable, and affordable energy to over 21 million Southern California customers. Through innovation, collaboration, and an unwavering commitment to the needs of our communities we proudly uphold our mindset of \"Glad to be of Service\" and provide exceptional customer service today and ready to meet California's energy needs with innovative solutions for tomorrow. As an employee of SoCalGas, you will support our core values to do the right thing, champion people, and shape the future. You will play a pivotal role in the energy transition initiatives, supporting our mission: Safe, reliable, and affordable energy delivery today. Ready for tomorrow. We are committed to attracting top talent and fostering a diverse workforce that reflects the vibrant communities we serve. As an employee of SoCalGas, you'll enjoy a competitive compensation plan, upward mobility opportunities and the ability to find a true work life balance. Discover the rewards of joining SoCalGas by exploring our website: Our Mission; Sustainability, In the Community, and Employee Benefits. Join SoCalGas today and become a vital part of a team that is driving innovation, championing community needs, and shaping the future of energy in California. Primary Purpose Performs full spectrum of demand forecasting, quantitative data analysis and statistical model building assignments including preparation, monitoring and reporting of short-term and long-term gas demand forecasts and providing support in analyzing financial impact of major business and regulatory issues. Provides support to business units in billing data and revenue consulting, Core and non-Core gas demand forecasting, system and regional peak gas demand forecasting, and participates in various regulatory proceedings, such as the General Rate Case, Cost Allocation Proceeding, California Gas Report, and California Integrated Energy Policy Report. Supports the development of business unit strategic plans.
Responsibilities
- Coordinates and prepares daily core customer demand forecasts.
- Coordinates with other business units to prepare demand forecasts by customer class for Cost Allocation Proceedings.
- Coordinates with other business units, other utilities and regulatory agencies to prepare the California Gas Report.
- Prepares analysis and reports of financial and billing data to assist company and business unit management achieve performance targets.
- Coordinates with other business units and prepares customer consumption data reports/analysis.
- Develop/sponsor expert testimony pertaining to demand forecast in various regulatory proceedings.
- Performs business unit process analyses including modifying and/or improving the process as business needs change.
- Provides support in the enhancement/development of various demand forecast models.
- Perform other duties as assigned (no more than 5% of duties).
Requirements
- Bachelor's Degree Finance, Economics, Statistics, Mathematics or related field. Required
- 5 Experience in quantitative data analysis, dealing with large data sets, ability to check data quality, and summarizing results. Required
- 3 Experience gathering and analyzing complex data, developing statistical forecasting models, model validations, and determine financial impacts of major business and regulatory issues. Required
- Ability to interpret statistical, regulatory and financial/economic theories and concepts, and evaluate/develop existing/alternative statistical models to meet the Company's current business and regulatory needs. Intermediate
- Effectively communicate complex technical information in a clear and concise manner to technical and non-technical audience. Intermediate
- Strong negotiation and interpersonal skills to persuade and influence those with divergent opinions toward consensus. Intermediate
- Advanced understanding of the inter-relationship of \"utility rate making\", demand, and retail rate concepts. Intermediate
- Knowledge of economic and statistical principles and computer programming. Intermediate
- Must have a thorough understanding of economic and statistical principles and methodologies (e.g. forecasting based on regression models). Intermediate
- Must have the ability to interpret statistical and financial/economic theories and to apply them in problem solving. Intermediate
- Must have the ability to identify issues, analyze data, develop, recommend, and implement solutions. Intermediate
- Must possess initiative, decision-making skills and problem-solving abilities. Intermediate
Nice-to-haves
- Master's Degree Finance, Economics, Statistics, Mathematics or related field. Preferred
- Professional certification related to Finance, Economics, Statistics, Mathematics or related field. Preferred
Benefits
- competitive compensation plan
- upward mobility opportunities
- work life balance
