2025-08-16
PNM Resources
Other
/yr
employee
contract
Albuquerque
New Mexico
87102
United States
POSTING DEADLINE
This position is posted until filled.
DEPARTMENT
Department: Cost of Service
JOB DESCRIPTION
Sr Manager Cost Of Service
Salary Grade: G03
Minimum Midpoint Maximum
$121,529 - $164,065 - $206,600
SUMMARY:
Provides all cost of service and certain pricing activities for electric operations related to filings before the New Mexico Public Regulatory Commission (NMPRC), the Federal Energy Regulatory Commission, the Federal Communications Commission (FCC) and the Public Utility Commission of Texas (PUCT). Analyzes complex regulatory issues and supports regulatory filings to meet company objectives. Directs, analyzes, and determines revenue requirements for all electric operations. Prepares and manages all interrogatories and compliance filings associated with cost of service and regulatory issues.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Oversees special projects involving a substantial degree of technical, accounting, legal, political, and environmental variables
Coordinates company-wide information gathering and verification for use in the determination of the company's cost of service
Prepares and reviews testimony, exhibits, and related studies included in case filings before the NMPRC, FERC, FCC, and PUCT
Develops strategies for accomplishing regulatory objectives and actively coordinates with management to implement these strategies
Provides expert testimony on behalf of the company in regulatory proceedings
Maintains current knowledge of accounting, cost of service, pricing, and ratemaking theories
Provides technical and consulting support to various levels of management throughout the organization
COMPETENCIES:
In-depth knowledge of cost of service and ratemaking principles
Extensive knowledge of the distribution, customer, transmission, and generation segments of the company
Broad industry knowledge
Ability to effectively interact with a wide range of internal and external personnel to accomplish objectives
Ability to supervise, direct, and review work of others
Experience as a witness in judicial and administrative proceedings
QUALIFICATIONS
MINIMUM EDUCATION AND/OR EXPERIENCE:
Bachelor's degree from a four-year college or university with seven to nine years of related experience, to include two years of management experience, or equivalent combination of education and/or experience related to the discipline.
Master's degree is preferred.
SUPERVISORY RESPONSIBILITIES:
Designs, organizes, prioritizes, schedules, and leads work assignments.
COMMUNICATION SKILLS:
Ability to read, analyze, and interpret business periodicals, professional journals, financial reports, and legal documents
Ability to write reports, business correspondence, and procedure manuals
Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees
MATHEMATICAL SKILLS:
Ability to work with the concepts of probability, statistical inference, financial analysis, and fundamentals of plain and solid geometry and trigonometry
Ability to apply the concepts of fractions, percentages, ratios, and proportions to practical situations
COMPUTER SKILLS:
Working knowledge of word processing, spreadsheet, and presentation software
ANALYSIS AND PROBLEM-SOLVING ABILITY:
Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems. Ability to solve complex practical problems and deal with a variety of abstract and concrete variables in situations with only limited standardization exists. Ability to interpret a variety of instructions furnished in verbal, written, diagram, or schedule form. Ability to apply abstract concepts to practical applications within the company.
DECISION MAKING:
Reviews, analyzes, and makes decisions on appropriate rate making application with a minimum of supervision. Anticipates and identifies potential regulatory issues or problems and develops sound strategies to resolve those issues and problems.
SCOPE AND IMPACT:
Responsible for developing revenue requirements for all jurisdictions that ultimately determine rates to customers and company profitability. Responsible for the accuracy and integrity of the cost of service for all jurisdictions.
PHYSICAL DEMANDS:
Ability to sit up to 2/3 of the time and to stand, walk, and stoop up to 1/3 of the time. Good vision and ability to adjust focus is required. Manual dexterity is required. Must occasionally lift and/or move up to 10 pounds.
WORK ENVIRONMENT:
Office environment.
SAFETY AND ADA STATEMENT
Safety Statement:
Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.
Americans with Disabilities Act (ADA) Statement:
If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.
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