Public Utilities Financial Analyst 2 or 3

Clean Energy Resource Teams; Metro; On-site; IDR 996.843.000 - 1.329.125.000; Full time

Job summary

A government entity in Minnesota is looking for a Public Utilities Financial Analyst to provide financial analysis on utility services and assist in complex regulatory matters. Candidates should have significant experience in accounting or finance, with strong knowledge of GAAP and excellent communication skills. This position offers an opportunity to shape utility regulations and serve the public interest.

Qualifications

• Minimum 2-3 years of relevant work experience in accounting or finance.
• Strong knowledge of financial principles and regulatory concepts.
• Ability to interpret statutes and regulations.

Responsibilities

• Provide financial and technical analysis for the Commission.
• Evaluate utility rate filings and technical projects.
• Assist in complex accounting and regulatory issues.

Skills

Knowledge of GAAP

Strong communication skills

Analytical skills

Education

Master's degree in Accounting or related field

Bachelor's degree in Accounting or related field

Job description

Public Utilities Financial Analyst 2 or 3

The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities. The mission of the Public Utilities Commission is to improve the lives of all Minnesotans by ensuring safe, reliable, and sustainable utility services at just and reasonable rates.

This position provides financial, accounting and other technical analysis and interpretation of complex gas and electric utility regulatory matters and other energy-related issues for the Minnesota Public Utilities Commission.

Job Summary

The Public Utilities Commission will be filling one vacancy at either the Financial Analyst 2 or Financial Analyst 3 classification level based on the education and experience of the successful candidate.

Job Duties:

• Provide technical assistance to the Commission on complex financial, accounting and other issues as assigned in utility rate cases.
• Evaluate and analyze complex miscellaneous rate, tariff, and service filings by utilities.
• Carry out miscellaneous technical projects relating to energy policy and/or rate regulation, as assigned by the financial analysis unit supervisor.

Qualifications

Minimum Qualifications

Minimum qualifications for Financial Analyst 2: Two years of relevant work experience in accounting, finance or economics performing analysis, exercising judgment, and applied knowledge in auditing, corporate accounting or utility regulation.

• Strong knowledge of Generally Accepted Accounting Principles (GAAP) and basic economic, statistical, and financial principles.
• Strong written and oral communications skills sufficient to explain complex accounting and regulatory concepts and issues clearly and concisely.

Minimum qualifications for Financial Analyst 3: Three years of relevant work experience in accounting, finance or economics performing analysis, exercising judgment, and applied knowledge in auditing, corporate accounting or utility regulation.

• Strong knowledge of Generally Accepted Accounting Principles (GAAP) and basic economic, statistical, and financial principles.
• Strong written and oral communications skills sufficient to explain complex accounting and regulatory concepts and issues clearly and concisely.

A Master’s degree in Accounting, Economics, Business or a closely related field may substitute for 18 months of experience. A Bachelor’s degree in the above areas may substitute for one year of experience.

Preferred Qualifications

• Five years of relevant work experience in accounting, finance or economics performing analysis, exercising judgment, and applied knowledge in auditing, corporate accounting or utility regulation.
• Strong knowledge of regulatory policies and procedures in Minnesota and/or other state and federal jurisdictions.
• In-depth understanding of the electric, natural gas, telecommunication and/or water industries.
• Ability to interpret statutes, Commission rules and regulations.
• Ability to explain complex accounting and regulatory concepts clearly and concisely.
• Experience writing formal reports for external distribution.
• Experience managing and conducting research and investigations and performing complex analyses related to regulatory accounting, financial evaluations and other related financial issues.
• Variety of experiences working effectively with others from different backgrounds and cultures.

This position requires successful completion of a reference check and background screening.

The State of Minnesota is an equal opportunity employer. We are committed to recruiting and retaining a diverse workforce that reflects the communities we serve.