Forecasting Advisor - Regulatory Affairs (Hybrid Schedule)
Apply NowCompany: Southern California Gas Company
Location: Los Angeles, CA 90011
Description:
About Us
At SoCalGas, we believe that every Californian deserves a resilient energy future. We are working to achieve that future by empowering California to reach its sustainability goals through innovation, collaboration, and decarbonization. As our state's energy needs change, we will be there providing reliable energy that is clean, safe, and affordable to our 22 million customers.
In addition to helping shape the future of hydrogen technology and clean energy, as an employee of SoCalGas you'll also enjoy an aggressive total compensation plan, multiple upward mobility opportunities and the ability to find a true work life balance. We also strive to reflect the communities we serve by attracting top talent and maintaining a diverse workforce. To discover more about how rewarding it is to work here, we invite you to visit these pages on our website: Our Mission; Diversity, Equity and Inclusion, Sustainability, In the Community, and Employee Benefits. Join SoCalGas today to share in our mission to build the cleanest, safest, and most innovative energy company in America!
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.
Duties & Responsibilities
Education
Experience
Knowledge, Skills & Abilities
Licenses
Benefits
SoCalGas offers a comprehensive benefits program to help support employees both personally and professionally. These benefits include, but are not limited to:
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At SoCalGas, we believe that every Californian deserves a resilient energy future. We are working to achieve that future by empowering California to reach its sustainability goals through innovation, collaboration, and decarbonization. As our state's energy needs change, we will be there providing reliable energy that is clean, safe, and affordable to our 22 million customers.
In addition to helping shape the future of hydrogen technology and clean energy, as an employee of SoCalGas you'll also enjoy an aggressive total compensation plan, multiple upward mobility opportunities and the ability to find a true work life balance. We also strive to reflect the communities we serve by attracting top talent and maintaining a diverse workforce. To discover more about how rewarding it is to work here, we invite you to visit these pages on our website: Our Mission; Diversity, Equity and Inclusion, Sustainability, In the Community, and Employee Benefits. Join SoCalGas today to share in our mission to build the cleanest, safest, and most innovative energy company in America!
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.
Duties & 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).
Education
- Bachelor's Degree Finance, Economics, Statistics, Mathematics or related field. Required
- Master's Degree Finance, Economics, Statistics, Mathematics or related field. Preferred
Experience
- 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
Knowledge, Skills & Abilities
- 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
Licenses
- Professional certification related to Finance, Economics, Statistics, Mathematics or related field. Preferred
Benefits
SoCalGas offers a comprehensive benefits program to help support employees both personally and professionally. These benefits include, but are not limited to:
- Competitive pay & Annual Bonus program
- Medical, dental, and vision packages (plus free Mental Health resources/sessions)
- 401K company match & Company provided Pension Plan
- Work/Life Balance including generous PTO
- Wellness Programs/Classes
- Tuition/Education Reimbursement
- Career Development Tools & Resources through SoCalGas University
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