Principal Revenue/Rates Analyst - Financial Planning And Rates - Sfpuc

Job Description
ABOUT FINANCIAL SERVICES
Financial Services supports the SFPUC Enterprises and Bureaus in being the best financial steward for rate payer revenues. Services provided include accounting operations, asset management, audit oversight, reconciliation and financial reporting, budget management, debt management, fleet management, purchasing support, and rates administration. Accurately communicating the financial position of the SFPUC to rate payers, City departments, rating agencies, investors and other stakeholders is the central mission of the department.
Position Summary
The Principal Revenue/Rates Analyst (Principal Administrative Analyst) position is a high-level analyst that plays a lead role in setting rates and financial forecasting for all three of the SFPUC’s Enterprises (Water, Power, and Sewer). The analyst performs complex and difficult analyses to support strategic financial decision-making, provides recommendations to management, and coordinates implementation of policy changes within the agency. This position is an exciting opportunity to be involved in cross-functional work with a lasting impact on both the SFPUC’s internal operations and the agency’s customers and resources.
The essential job functions include, but are not limited to, the following:
Lead analysis for retail and wholesale rate studies, forecasting revenue requirements, performing cost of service allocations according to industry standards, and developing rates that meet all legal requirements and SFPUC policy goals.
Research changes in industry trends to propose, design, and implement changes to rates, fees, and other customer-facing programs to address climate change, water supply resilience, financial sustainability, equity, affordability, and other SFPUC strategic goals.
Prepare schedules and reports to comply with contractual and regulatory reporting requirements, including the annual wholesale water rates audit.
Support updateof annual 10 Year Financial Plans and quarterly budget variance reports to forecast revenue, expenses, debt service, reserves, and rates. Provide strategic financial recommendations to comply with policy goals and inform budgets and capital plans.
Perform as-needed financial analyses and projections to evaluate the financial impacts of proposed programs and initiatives.
Develop revenue forecasts and set budgets for the SFPUC’s three Enterprises and utility sales budgets for all other City departments.
Prepare and deliver written memos, reports, and presentations for management and the Commission to support proposed policy changes and provide recommendations for implementation.
Collect, organize, and share data with others at the SFPUC to support informed decision-making across the agency.
Coordinate with staff in the Enterprises and Support Bureaus to implement new rates, fees, and programs.
Represent the SFPUC in public presentations to various stakeholders regarding changes to utility rates and charges.
Collaborate with and provide guidance to other analysts within the Financial Planning &
Rates team as lead analysts in the group (though do not directly supervise other staff).
Identify and implement areas for process improvement and automation of tasks across the agency, including improving data structures and financial models used by the Financial Planning team.
Performs related duties as required within the scope of the classification 1824 Principal Administrative Analyst.