Cost Recovery Advisor

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Join the Clean Energy Revolution

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Become a\u00a0 Cost Recovery Advisor \u00a0 at Southern California Edison (SCE) and build a better tomorrow. In this job, you\u2019ll be part of the State Regulatory Operations Cost Recovery team at SCE, primarily responsible for supporting the Wildfire and Catastrophic Event Memorandum Account (CEMA) applications, the Energy Resource Recovery Account (ERRA) applications, and other cost recovery proceedings at the California Public Utilities Commission (CPUC).\u00a0 This is a highly collaborative and challenging role where you will be exposed to cost recovery, critical elements of utility ratemaking and other important company issues.. As a\u00a0Cost Recovery Advisor, your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?

• Analyzes forecasting errors and trends and propose, vet, and implements load bidding strategies in partnership
• Maintains and updates existing forecast models and develop new models to improve forecast performance
• Analyzes forecasting errors and identifies areas of improvement in modeling, forecasting and analysis processes.
• Maintains well-documented records and compliance with all internal Company policies and procedures
• Guides research into current and future market and regulatory scenarios which are used to value the commercials of assets
• Develops and optimizes databases and repositories including visualization tools to enhance decision making
• Forecasts market prices in order to help determine the correct market strategy
• Performs ad hoc quantitative analysis and model development to support trading and business decisions
• Develops and enhances tools for analysis projects using appropriate technical information and skills
• Performs exploratory analysis of large complex data sets to derive insights and valuable actions
• A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.

• Seven or more years of experience performing modeling, forecasting or economic analysis and reporting.

• Bachelor\u2019s of Science in Business Administration,\u00a0Engineering, Economics, Law, Finance, Communications, Public Policy or related discipline
• Experience supporting or drafting testimony development for regulatory proceedings.
• Experience in supporting analysis for regulatory proceedings.
• Experience identifying, leading, and supporting ad-hoc short-term projects
• Experience presenting and\u00a0providing\u00a0information on the financial and operational impacts of existing and proposed\u00a0risk-informed strategies to leadership
• Experience reviewing historical, pending, and new business processes to identify potential impacts on operations, including recommendations to address the operational impacts.
• Provide substantive guidance and benefit to regulatory matters
• Experience coordinating with other project teams to ensure adequate functionality, data availability and schedules (risk-informed planning functions).
• Experience working in the utility industry

• This position\u2019s work mode is\u00a0hybrid.\u00a0The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days.\u202f Unless otherwise noted, employees are required to work and\u00a0reside in the state of California.\u202f Further details of this work mode will be discussed at the interview stage.\u00a0The work mode can be changed based on business needs.
• Visit our\u00a0 Candidate Resource \u00a0page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!
• Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.\u00a0
• Relocation does not apply to this position.