Principal Consultant – Utility Return Equity & Cost of Capital Specialist

Overview

Job Title: Principal Consultant – Utility Return on Equity & Cost of Capital Specialist

Job Location
:
Marlborough, MA headquarters

Position Type
:
Hybrid – 3 days in office, 2 remote days per week

2025 Salary Range: $114,000 - $161,000 plus annual incentive compensation bonus

Company

Description:

Concentric Energy Advisors, Inc. () (“Concentric") is an employee-owned leading management consulting and financial advisory firm focused on the North American energy and utility industries. Concentric specializes in financial advisory assignments; market assessment and strategy development; rate making and utility regulation; litigation support; and management and operations consulting. Concentric was founded in 2002 and is headquartered in Marlborough, MA with additional offices in Washington, DC and Calgary, Alberta.

We offer a highly competitive base and incentive compensation bonus package, along with a comprehensive benefits package including vacation time, 401(k) retirement plan with company matching contribution, flexible spending accounts, top notch health/dental/vision insurance programs, and tuition reimbursement, along with access to training opportunities to support professional growth objectives. In addition, we immerse our employees in a hard-working, collegial and cooperative culture with the opportunity to become a shareholder in the firm.

We are looking for a Principal Consultant
- Utility Return on Equity & Cost of Capital Specialist for our Marlborough, MA headquarters.

The Principal Consultant, Utility Return on Equity & Cost of Capital Specialist serves a critical role working with energy and utility clients on cost of capital and corporate finance matters. This person will manage various client engagements, delegate responsibilities and ensure project timelines are met and quality client deliverables are produced. This person should have graduate coursework or related experience in economics, financial theory, and corporate finance.

This person should be able to run financial modeling, and perform data analysis and research, as well as mentor junior staff in these skills.

We need someone who enjoys finding solutions to challenging utility and energy problems, using innovative and creative ideas and then communicates them to our clients.

This position will be located in our Marlborough, MA headquarters. Our in-office employees work a hybrid model, with flexibility to work from home two days a week.

• Manage a number of financial projects for utility clients across North America, mostly in the electric and natural gas industries.
• Delegate various tasks to project team members, including research, financial modeling and writing.
• Draft/write extensive expert reports and expert witness testimony, typically between 50-100 pages in length.
• Ensure that project deadlines are met and written deliverables for clients (whitepapers, reports, analyses, expert witness testimony, slide decks) are high-quality in all aspects.
• Provide support to management in preparing return on equity modeling and cost of capital analyses.
• Prepare utility rate case filings for clients and utility commission regulators across the country.
• Prepare financial analyses and elements of rate case filings including return on equity, cost of capital, depreciation, cost of service, and other financial measures.
• Prepare responses to data requests and interrogatories from regulators, clients, and attorneys.
• Communicate with clients regarding project timelines, progress, budgeting, and written deliverables.
• Utilize Excel and other quantitative software to model and analyze financial data.

• Bachelor’s Degree required, ideally in Finance, Accounting, Mathematics, Economics, or Energy, or other similar disciplines.
• MBA, Master’s or other advanced degree is preferable; CFA a plus.
• 3-10 years’ relevant experience in the economics, financial, utility, or management consulting fields.
• Excellent writing skills – must be comfortable writing 50–100 page reports regularly.
• Strong quantitative skills, research skills, and writing abilities.
• Advanced knowledge of quantitative and financial theory.
• Advanc…