Tacoma Power's Rates, Planning, and Analysis (RPA) team is looking for a Manager to lead and direct Tacoma Power's Rates and Financial Planning functions. You will manage an exceptional group of analysts and economists.
We are seeking a leader focused on employee success and development. This is a cornerstone of our RPA team culture.
Tacoma Power is an almost 100% hydroelectric, municipally-owned public power utility located in Tacoma. We serve approximately 170,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail. As one of the most livable, walkable cities in the country, you'll find that Tacoma is an excellent fit for all interests with places to bike, run, hike, and explore, the perks of a big city, and the charm of a small town.
"Community Value First" is Tacoma Power's strategic principle. We prioritize resources and programs based on the impact to our customers and community.
Bill Berry leads Tacoma Power's RPA team. RPA’s responsibilities include capital and O&M budgeting, rate-setting, financing, and energy risk management. RPA is also building innovative asset management and project management office programs.
RPA primarily serves internal Tacoma Power customers and also collaborates with colleagues across the City. At all times, we focus on Tacoma Power’s financial future, working to sustain financial strength by enabling integrated and informed decision-making.
As the Rates and Financial Planning Manager, you will oversee the cost of service and rate design recommendations for Tacoma Power's retail rates and pricing, producing system area loads and sales projections. You will also handle financial modeling and planning to ensure the long-range health of Tacoma Power. The manager plays a vital role in the financial activities of Tacoma Power, such as Tacoma Power's bond issuance, communication with credit rating agencies and financial firms, and financial reporting for senior management. You will oversee analytical support services to make recommendations on various budget and financial issues, policies, and goals.
Financial planning and modeling includes detailed input and scenario projection capability for all revenue and expense line items, including retail revenue, wholesale sales revenues, telecom revenues, BPA expense, other purchased power, O&M, personnel, and capital spending,
Oversee structuring and issuance of Tacoma Power Bonds, including financial analysis, underwriter selection, development of the official statement and other financing documents, rating agency presentations and communications, as well as Board and Council presentations.
Manage, develop and evaluate Tacoma Power's rates and pricing strategies, including coordinating the public rate case process. This effort also involves participation in public outreach efforts. Direct and coordinate requests for retail rate and pricing-related analysis and information.
Direct and coordinate the efforts of RPA professionals to ensure production of timely, high-quality Rates and Financial Planning Group work products for internal and external clients.
Oversee short- and long-range load forecast studies and produce system area loads and sales projections.
Coordinate and provide economic and financial analysis assistance for senior management and other internal and external clients on a varying array of electric utility topics.
Hire, supervise, evaluate, and develop staff; maintain a supportive, positive, and productive work environment.
Serve as a member of RPA’s Leadership Team.
Selection Process & Supplemental Information
This recruitment is being managed by Alissa McLain. If you would like to be notified of similar opportunities or stay connected with things going on at Tacoma Public Utilities and the City of Tacoma, connect with them on LinkedIn.
City of Tacoma Commitment to Diversity and Inclusion Tacoma's diversity is its greatest asset. Tacoma embraces its multi-cultural and multi-ethnic character. Communities of color and immigrant communities are fundamental to Tacoma's entrepreneurial spirit, workforce, and long-term success. In Tacoma, equity and empowerment are top priorities, meaning that all Tacoma residents must have equitable opportunities to reach their full potential and share in the benefits of community progress. One of our goals is for the City of Tacoma workforce to reflect the community it serves. We actively work to eliminate racial and other disparities and welcome candidates with diverse backgrounds and/or multicultural skill sets and experiences. Our goal is for Tacoma to be an inclusive and equitable place to live, work, and play.
The City of Tacoma is an Equal Opportunity Employer and values diversity in its workplace. Applicants are considered for positions without regard to race, color, religion, sex, national origin, ancestry, age, marital or veteran status, disability, sexual orientation, gender identity, or any other basis prohibited by federal, state, and local laws.
Tacoma Power Tacoma Power is an almost 100% hydroelectric, municipally-owned public power utility, located in Tacoma. We serve approximately 170,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail. As one of the most livable, walkable cities in the country, you'll find that Tacoma is a great fit for all interests with places to bike, run, hike, and explore, the perks of a big city, and the charm of a small town.
Apply Interested individuals shouldapply online and attach a detailed resume and cover letter that includes job experience, major responsibilities and accomplishments related to this position.
Reference checks will be conducted on final candidates and appointment is subject to passing a background check.
Communication from the City of Tacoma: We primarily communicate via e-mail during the application process. E-mails from cityoftacoma.org and/or governmentjobs.com must be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk e-mail folders.
The online application system requires you to enter a substantial amount of information. In order for your application materials to be considered, all information must be submitted before the closing date and time listed on this job announcement.
If you have any additional questions regarding this position, please contact the Human Resources office at (253) 591-5400 before 5pm on the closing date.
DESIRABLE QUALIFICATIONS : Graduation from an accredited four-year college or university with degree in engineering, business management, ratemaking, finance and/or statistics or eight years increasingly responsible experience in the utility industry, and four years of management/supervisory experience. Successful candidate will have demonstrated competencies and significant accomplishments from prior work experience.