Public Utilities Regulatory Analyst I

Description of Work

Are you looking to find meaningful work and positively impact the lives of the residents of North Carolina?  If your answer is yes, then we want you to join our team at the North Carolina Public Staff and make a difference.
 
The NC Department of Commerce, Public Staff is looking for a Public Utilities Regulatory Analyst I.  This position is assigned to the Accounting unit- Water & Sewer section within the Public Staff.

 
These are individual full-time positions (40 hours per week) with State Benefits, including health insurance, as well as retirement.  

 

THIS IS AN ANTICIPATED VACANCY

*Salary Grade: NC18*

Recruitment Range: $59,752.00 - $93,569

The primary purpose of this position is to perform work activities of the Public Staff Accounting Division on cases and projects involving utilities regulated by the North Carolina Utilities Commission. The position specializes in accounting work examining financial records of utility companies with complex financial structures and accounting systems.
 
 Responsibilities include but are not limited to:

• Investigating and auditing the financial transactions and accounting practices of regulated public utilities.
• Auditing and investigating rate adjustment filings by utilities.
• Writing testimony, affidavits, and other documents and preparing supporting schedules for filing and presentation to the Utilities Commission regarding rate base adjustments, revenue requirements, rate design, appropriate accounting treatment of capital/expense items, establishment and compliance with regulatory conditions, utility tax treatment, affiliate contracts, and other accounting/financial findings.
• Compiling, monitoring, auditing, and examining financial and/or program information sources for accuracy, integrity, and conformance to rules and regulations.
• Testifying in major rate cases before the Utilities Commission.
• Preparing complex fiscal analysis and reports; and conducting cost accounting studies.

The position provide an excellent opportunity for motivated individuals who are ready to engage with other service- oriented professionals and contribute to the work of the Commission.
 
 

Knowledge, Skills and Abilities / Competencies

In order to receive credit for the supplemental questions in which you answered yes, you must provide supporting information within the body of the application, to support your answer. Your application should also reflect all education and all professional work experience acquired including high school and all degrees. It is critical to our screening and salary determination process that applications contain comprehensive candidate information. 
 
APPLICANTS MUST MEET THE EDUCATIONAL REQUIREMENT AND ALL KSA IN ORDER TO QUALIFY FOR THIS POSITION.  
 

• Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP).
• Experience auditing and examining accounting and financial records and reports (e.g. plant in service, depreciation, taxes, operations and maintenance expenses, and administrative and general expenses, ROI, general ledger, etc.)
• Experience identifying changing requirements and problems regarding account structures/reports, and/or accounting systems.
• Experience identifying, researching and reviewing of policy, procedures, and regulations for problem resolutions or program requirements.
• Ability to establish and maintain cooperative and effective relationship with fellow employees, regulators, utility representatives, other state and federal officials, and utility customers.
• Knowledge, or ability and willingness to obtain such knowledge, of investor-owned utility practices and related regulatory accounting rules and regulations, including the Uniform System of Accounts.
• Excellent written and oral communication skills to effectively communicate complex regulatory accounting matters to the Commission and third parties.

*If there are no qualified candidates remaining in the applicant pool who meet the minimum Education and Experience or Knowledge, Skills and Abilities required for the position, the agency may consider for this position, a trainee who does not meet the minimum requirements. Salary for a trainee may be set at a lower level than the classification salary range and recruitment range that is listed in the posting with the salary being adjusted up accordingly when the trainee has obtained the necessary additional education and experience to fully meet the minimum qualifications as outlined in the classification specification.*  

Minimum Education and Experience Requirements

Some state job postings say you can qualify by an “equivalent combination of education and experience”. If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience OR a combination of both. See oshr.nc.gov/experience-guide for details. 
 
Bachelor's degree in accounting, banking, finance, business administration, public administration, economics, or related discipline from an accredited institution and one year of directly related experience; or an equivalent combination of education and experience.