Principal/Utility Regulation and Finance (Energy practice)

About Charles River AssociatesFor over 50 years, Charles River Associates has been a premier consulting firm that offers employees a place to learn from a diverse group of consultants, industry experts, and academics.  At CRA you will be exposed to leading minds who use economic, financial, and business analysis to solve complex world problems for an impressive roster of clients, including major law firms, Fortune 100 companies, and government agencies.   Through a collegial environment, formal and informal training opportunities, and a broad array of professional development resources, your experience at CRA will open doors for you as you launch your career.Position OverviewOur consultants in CRA’s Energy Practice advise clients in the regulated energy space on the issues most crucial to their businesses.  Our experts are recognized leaders in their areas of specialization and combine decades of experience with top consultancies and in senior in-house roles.  They offer clients access to the industry insights they rely on to navigate complexity and achieve competitive advantage. We represent utilities and other energy firms before their regulators, lend our expertise to the resolution of disputes, support investors on complex transactions, and help plan and build the energy grid of the future. We provide advice and expert testimony on state and federal rate cases, and we partner with stakeholders across the supply chain to develop strategies that will create value and reduce risk for customers and shareholders.  We work in the electric, gas, and water in jurisdictions throughout North America and Europe. CRA’s Energy practice is seeking to expand its existing regulatory team with the hire of senior-level consultants with industry expertise in areas spanning finance associated with utility transactions and rate regulation. In particular, we expect that candidates will have experience demonstrated by a record of success in one or more of the following practice areas:Utility revenue requirements, cost of capital, cost of service, or rate design;Project management involving all aspects of utility state and/or federal rate cases and similar docketed proceedings;Alternative regulation, including performance-based regulation, multi-year rate plans, energy decoupling and incentive regulatory mechanisms;Transactions involving regulated utilities or infrastructure;Strategic advisory for utilities or the owners of regulated infrastructure.CRA values candidates with relevant expertise acquired in consulting roles as well as in-house with utility companies, banks, developers, and regulatory agencies. Senior-level candidates applying for the role of Principal must have more than 10 years of utility industry/consulting experience, proven team leadership skills as well as subject matter expertise with the capability to become trusted advisors to our clients. Principals lead the critical technical aspects of each project.  Additionally, all senior-level hires are expected to support growth of our practice through business development, both independently and in partnership with senior colleagues. Experience as a testifying witness is considered an advantage but not required.Additional detail on the desired qualifications that apply to all levels include:Desired QualificationsA bachelor’s degree in the relevant financial/economics/business discipline is required.  A master’s degree is strongly desired. The ability to independently manage consulting teams and complex assignments with limited oversight. Demonstrated ability to coach, mentor, and develop junior staff.Excellent writing and communication and presentation skills that include the ability to convey complex, technical concepts with impact.  Publications that demonstrate positioning as a thought leader in the industry would be considered a strong asset.Familiarity with ratemaking proceedings, disputes, or other docketed matters.Comfort working in an unstructured environment.Strong problem-solving abilities and resourcefulness.To ApplyTo be considered for a position in the United States, we require the following:Resume – please include current address, personal email and telephone number;Cover letter – please describe your interest in CRA and how this role matches your goals.If you are interested in applying for one of our international locations, please visit our Careers site to view and apply for available jobs.Career Growth and Benefits CRA’s robust skills development programs, including a commitment to offering 100 hours of training annually through formal and informal programs, encourage you to thrive as an individual and team member. Beginning with research and analysis skill building, training continues with technical training, presentation skills, internal seminars, and career mentoring and performance coaching from an assigned senior colleague. Additional leadership and collaboration opportunities exist through internal firm development activities.We offer a comprehensive total rewards program including a superior benefits package, wellness programming to support physical, mental, emotional and financial well-being, and in-house immigration support for foreign nationals and international business travelers.Work Location FlexibilityCRA creates a work environment that enables our colleagues to benefit from being together in the office to best deliver on our promise of career growth, mentorship and inclusivity. At the same time, we recognize that individuals realize a range of benefits when working from home periodically. We currently ask that individuals spend 3 to 4 days a week on average working in the office (which may include traveling to another CRA office or to a client's location), with specific days determined in coordination with your practice or team. At certain times of the year (e.g. holiday periods), additional remote work options are offered to those whose work commitments permit it, although our offices remain open for those who choose or need to be there.Our Commitment to DiversityCharles River Associates is an equal opportunity employer (EOE/AAE). As part of our focus on equity and inclusion, we work to ensure a fair and consistent hiring process. We celebrate diversity and we are committed to an inclusive work environment.The city of New York and District of Columbia require CRA to include a good-faith estimate of the wage range for this role. This range is specific to individuals applying to work in our New York and Washington, DC office and considers a number of factors including but not limited to experience, education level, and expertise. A good-faith estimate of the base wage range for this role is $160,000 - $220,000; actual total compensation may also include benefits and bonus.