Director of Regulatory, Revenue Requirements
Black Hills Energy
Director of Regulatory, Revenue Requirements
Location: Rapid City, SD, United States
Job ID: 35860
Date Posted: Jul 23, 2025
Position will close at 12:00am CT on Aug 7, 2025
Salary: $ 152100 to $ 210000 Annually
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Job Description
Job Specifications
Black Hills Energy is people powered and purpose driven. Our team uses the power of energy to improve life for over one million customers in 800+ communities across the West and Midwest. We seek talented, caring people who embody our core values and contribute to a culture of inclusion and growth. As an organization, we believe the best part of working on our team is our commitment to making tomorrow better than today—for our customers, communities and each other.
Position summary:
Provide strategic leadership for all regulatory matters related to the Company's utility business with focus on revenue requirement strategy and execution in the assigned state(s) or jurisdiction(s). Direct the development and execution of regulatory policies and initiatives that support business strategies, including the development and filing of rate case applications. Provide strategic guidance to company leadership regarding regulatory strategy for assigned state(s) or jurisdiction(s). Direct, develop and maintain trusted regulatory stakeholder relationships to advance the Company's business interests in the assigned state(s) or jurisdiction(s).
Pay Range:$152,100 - $250,950 (This posting includes the full pay range for this position. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, experience, and internal equity.)
Reporting Relationship:Vice President of Regulatory
Location:Rapid City, SD
Relocation Assistance:Relocation assistance is available based on individual circumstances! Details to be shared during the offer process.
Essential Functions:
• Lead the development and execution of regulatory policies and initiatives, primarily revenue requirements, in support of the Company’s business strategy and goals in assigned state(s) or jurisdiction(s).
• Direct the preparation, analysis, development and filing of rate case applications and other regulatory filings primarily for revenue requirements in support of the Company’s strategic plan.
• Direct, develop and maintain trusted relationships with regulatory stakeholders through meetings, conference participation and industry association engagement.
• Advocate on behalf of the company in both written and oral communications, including in regulatory proceedings, legislative hearings, and industry association committees and meetings. Will be required to act as a witness in rate review and other filings.
• Partner with operations, financial management and other corporate organizations in development of financial and strategic plans for assigned state(s) or jurisdiction(s).
• Provide direction in support of the Company’s press releases, SEC filings, and annual regulatory reports.
• Develop and implement policies, procedures, and process improvements to ensure the Company is operating in compliance with regulations and that regulatory reporting requirements are met.
• Exercise management authority concerning staffing, development and mentoring, performance appraisals, promotions, salary recommendations and terminations in accordance with company policies and laws across multiple geographic work locations.
Additional Responsibilities:
• Direct, develop and maintain effective internal and external business relationships.
• Other duties as assigned.
What Is Required:
• Bachelor's Degree relevant field, such as Engineering, Business, Accounting, Finance, Legal or Economics
• Minimum of 10 years of experience in finance, accounting, regulatory or a related field.
• Minimum of 3 years of people leadership experience is required.
What Is Desired:
• Advanced understanding of utility operations, the utility regulatory process and rate analysis for gas and electric utility service with focus on revenue requirements as well as the impact of regulatory outcomes to business success.
• Knowledge of accounting and financial concepts including internal controls, financial statements and how operational decisions impact them, and return on investment and cost of capital calculations and how to interpret the results and make recommendations on how to improve.
• Creative problem solving and strong analytical skills.
• Knowledge of negotiations, advocacy, and conflict management.
• Self-motivated with excellent organizational skills and the ability to handle multiple projects effectively in a dynamic, fast-paced environment while meeting deadlines.
• Exemplary interpersonal, verbal, and written communication skills; ability to prepare and give presentations to external stakeholders as well as provide expert witness testimony at a hearing.
• Strong partnership and collaboration skills.
• Ability to maintain strict confidentiality of business information.
• Ability to translate regulatory rules and regulations into operating impacts and actions as well as understanding tariffs within the industry.
• Ability to build consensus and successfully communicate with and influence regulatory stakeholders.
This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.
About our Company:We are a customer, growth and safety focused utility company that is dedicated to our communities. We improve life with energy as an energy partner of choice. Our diverse culture fuels unique perspectives, opening doors to new insights and possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3 million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas).
Enjoy our Comprehensive Benefits Package! Annual discretionary bonuses, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, generous paid time off benefits, including paid holidays and parental leave, company paid life insurance and disability benefits (short and long term), an employee assistance program and well-being benefits, and competitive medical, dental and vision insurance.
Candidates must successfully pass a pre-employment drug screen and background check. If there is anything that may show up in these reports that may conflict with the position requirements, feel free to contact the Black Hills Energy recruiting team atjobs@blackhillscorp.com.
Black Hills Energy does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or status as a protected veteran. If you require reasonable accommodation, please visit careers.blackhillsenergy.com for more information.
Wage: 152100 to 210000
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