Rates Analyst

Job Description:

The Rates Analyst is responsible for supporting the business case for water rates by reviewing and analyzing expenses, capital budgets, water sales, revenues, and regulatory agency policies (such as those of public utilities commissions) necessary for the Company to provide high-quality, reliable water service to its customers. Depending on skills and qualifications, this position can be located in San Jose or Sacramento, CA.

ESSENTIAL FUNCTIONS:

Communicates with departments and districts to gather information for the General Rate Case (GRC)
Collaborates with districts and departments in the Company to demonstrate a need for necessary operational expenses and provides quantifiable support

Communicates adopted policies to districts and departments to ensure implementation in the financials and operations

Partners closely with commission staff to explain complex financial models in a clear and concise manner

Determines what type of data is required, from what sources, and how to present it in the GRCAnalyze data and reconciles discrepancies in data trends

Flows data through complex financial models to develop a revenue requirement forecast for all regulated rate making districts

Reviews district, department, and consultant testimony for completeness and accuracy

Drafts clear and convincing testimonies to explain historical spending trends, as well as support future expense projections

Prepares and edits the GRC responses for Commission staff and intervenor data requests

Prepares offset filings including advice letters and supporting work papers for submission to commissions; analyzes results and makes recommendations

Coordinates all regulatory compliance filings

Participates in and supports the Company’s Continuous Improvement programs and projects

Performs work on-site in assigned office location

Performs other similar duties as assigned

MINIMUM QUALIFICATIONS:

Bachelor’s degree in Accounting, Finance, Business, Political Science, Computer Science, Economics, Engineering or related field and/or equivalent relevant experience

Two years of increasingly responsible experience working as a regulatory or financial analyst, preferably in the water or utility industry

Proficient in the use of Microsoft Office applications

Valid California Driver license

Required Knowledge, Skills, and Abilities:

Knowledge of CPUC regulations, the rate case process, regulatory modeling, and compliance requirements is desired

Knowledge of Company policies, procedures, and business practices is desired

Knowledge and understanding of the water industry and how a water utility is operated and maintained is desired

Knowledge and ability to use Microsoft Office applications to create presentations, spreadsheets, and word documents

Knowledge of basic finance and accounting principle and procedures

Knowledge and understanding of utility accounting and financial concepts is desired

Ability to use appropriate discretion when dealing with confidential or proprietary information

Ability to work effectively with all levels of employees and middle management

Ability to communicate effectively; both verbally and in writing with agencies, consultant, contractors, customers, employees, and vendors

Ability to use logical and creative thought processes to develop solutions according to written specifications and/or verbal instructions

Demonstrated organizational and time management skills

Demonstrated commitment to providing outstanding customer service

Detail-oriented and experienced in analyzing and improving processes

Good problem-solving and troubleshooting skills

Salary Range:

San Jose, CA $82,900 - $153,800 (DOE)
Sacramento, CA $74,600 - $138,400 (DOE)
Deadline to submit resume is Wednesday, September 30, 2026

The Equal Opportunity Policy of the Company is based upon the philosophy that all people should be treated fairly and with dignity. California Water Service, Hawaii Water Service, New Mexico Water Service, Texas Water Service, and Washington Water Service do not discriminate against any applicant or employee because of race, color, religion, sex, national origin, or any other protected class. The Company makes all employment decisions in a non-discriminatory manner.

EOE, VET, DISABILITIES.