Senior Utility Rate Analyst

Overview

Position Description Priority review will be given to applications received before February 3rd. Seattle Public Utilities (SPU) is one of the region's most highly respected and innovative public utilities. With an annual budget of over $1 billion, SPU is a dynamic and multi-faceted, rate payer funded utility. Our promise focuses on what's important to residential and business customers. Our mission is to provide efficient, forward-looking utility services that keep Seattle the best place to live.

SPU is committed to the delivery of a high-quality water supply, essential wastewater, storm water, and solid waste services to more than 1.5 million customers we serve in the greater Seattle metropolitan area.

SPU is seeking a Sr. Utility Rate Analyst (Senior Economist) to manage all aspects of financial planning for one of Seattle’s utilities (Drainage and Wastewater, Solid Waste, or Water) within the Rates & Financial Planning group. This position is part of a team that reports to the Rates Manager in the Finance Division of the Finance, Administration, and Risk Services Branch.

About SPU: SPU is a Community Centered Utility whose mission is to foster healthy people, environment, and economy by partnering with our community to equitably manage water and waste resources for today and future generations. We deliver high quality, vital services, across four major lines of business: providing water, solid waste, drainage and wastewater services for Seattle residents and businesses. In addition, SPU provides drinking water for 1.5 million regional customers in Seattle and other municipalities.

Our customers depend on us to deliver high quality, reliable, and cost-conscious utility services and to achieve the highest benefits possible for every investment we make.

For more information about Seattle Public Utilities (SPU), please visit:

• SPU Website
• SPU Workplace Expectations (Download PDF reader)
• Strategic Business Plan

SPU commits to Our City Values and Race and Social Justice as core principles that guide our work. We actively take steps to dismantle systemic racism and increase service equity. We value diverse life experiences and strive to create a workplace that is welcoming to all. We take steps to be inclusive and equitable in our recruiting, hiring, and promotional opportunities.

About:
We know work isn’t only about what you do, it’s also about who you work for and with. SPU provides a fun and family-friendly work environment that supports a work life balance, including:

• Family-friendly and multicultural work environment
• Generous benefits package
• Free public transportation options
• City pension plan with employer/employee contributions
• Growth potential and advancement opportunities

Lead the financial and rate impacts of a Fund's programs and policies, including:

• Prepare regular utility rate studies, including proactively identifying and analyzing issues.
• Develop recommendations on financial and rate setting policies.
• Develop ongoing rate forecasts to show financial impacts of business practices, programs and investment choices, and utility policy alternatives.
• Present results of modeling, forecasting and analysis to senior management, interdepartmental teams, citizens' committees and elected officials.
• Manage the ongoing finances of a Fund, including independently identifying and analyzing items that may impact the Fund, preparing monthly financial reports, and monitoring of Fund overall financial performance.
• Maintain the Fund’s financial forecasting and cost allocation models and develop and test new model features as required.
• Provide direction/guidance to interdepartmental groups on issues that impact rates and financial performance.
• Act as the SPU utility lead in the issuance of revenue bonds for the Fund, including recommendation of timing/size of issues and forecast of financial impacts.
• Present financial projections to rating agencies.
• Coordinate with the City’s law and finance departments, and financial consultants in the development of information for potential investors and rating agencies.
• Lead efforts and direct teams, as required, related to rates or other…