Auditor

State-of-South-Carolina; South Carolina; On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health coverage including prescription

Dental

Vision

Life insurance

Retirement plan

13 paid holidays

Paid parental leave

Job summary

The South Carolina Office of Regulatory Staff (ORS) seeks an Auditor to perform analysis and testing of complex financial statements and rate-case applications for investor-owned utilities in SC. The role involves preparing work plans, data requests, and analyzing responses, and presenting testimony before the Public Service Commission.

Work hours are Monday through Friday, in-office at 1901 Main Street, Columbia, SC 29201; remote work is not available.

Qualifications

• Bachelor's degree in accounting with at least 18 hours accounting; GAAP knowledge.
• Master's degree or CPA/CIA; utility industry knowledge is a plus.
• Experience with financial statements, audit principles, and accounting standards.
• Proficiency in MS Office; strong written and oral communication; teamwork and initiative.

Responsibilities

• Prepare work plans for analysis and testing of rate case applications.
• Review rate cases for regulatory principle alignment.
• Research prior rate decisions and perform financial analysis.
• Prepare information requests and analyze responses.
• Prepare supporting workpapers documenting analysis and test results.
• Create and present testimony before the Public Service Commission.

Skills

Analytical thinking

Written & verbal communication

Regulatory accounting knowledge

Team collaboration

Public speaking

Education

Bachelor's degree in accounting

18 hours of accounting coursework

Master's degree in accounting or CPA/CIA

Tools

Microsoft Excel

Microsoft Word

Outlook

Job description

The South Carolina Office of Regulatory Staff (ORS) represents the public interest of South Carolina in utility regulation for the major utility industries – electric, natural gas, telecommunications, water/wastewater, and transportation – before the Public Service Commission (PSC), the court system, and state and federal regulatory bodies. Additionally, the ORS houses the state’s Energy Office, Broadband Office, Equipment Distribution Program (EDP), and has responsibility for oversight of railroad safety and natural gas pipeline safety in South Carolina.

The ORS is seeking an Auditor to conduct analysis and testing of complex financial statements and transactions and rate case applications on investor-owned utilities operating in SC. Job functions include:

• Prepare work plans for analysis and testing of utility rate case applications. Review utility rate case applications for alignment with industry accounting and rate making/regulatory principles. Research and analyze previous rate case decisions and perform financial analysis and testing.
• Prepare information requests sent to utilities and analyze/test responses to information requests.
• Prepare supporting workpapers (financial and narrative) documenting analysis, test results, and rate case positions.
• Prepare financial schedules and exhibits publishing results including proposed adjustments.
• Create and present written and oral testimony for positions and adjustments in rate cases. Testify before the Public Service Commission and respond to cross-examination.
• Collaborate regularly with agency accountants, auditors, analysts, engineers, attorneys, and external consultants.

South Carolina is a great place to live and work! The State of South Carolina offers its employees generous benefits and a healthy work-life balance.

• 15 days sick leave
• 15 days annual leave
• 13 paid holidays
• Paid parental leave
• Military leave
• Health coverage including prescriptions
• Dental
• Vision
• Life insurance
• Long-term disability
• Flexible spending accounts
• Adoption assistance
• Retirement plan
• Supplemental retirement savings plan

Bachelor's degree in accounting or related field that included at least 18 hours of accounting. Working knowledge and experience preparing financial statements, the application of audit principles, and application of generally accepted accounting principles. Proficiency in Microsoft Office Suite - Outlook, Excel, Word. Ability to effectively communicate in writing and speak in large groups. Ability to perform effectively as a member of a team as well as independently. Ability to exercise initiative, judgement, and discretion.

Master's degree in accounting or related field, CPA, or CIA. Experience in utility industry financial accounting and reporting. Working knowledge of the rate making processes and rate structure of public utilities. Understanding of regulations, principles, and practices for the regulation of utilities.

• Position, on occasion, requires work after normal hours.
• Must possess a valid driver's license.
• All ORS employees are required to attend ethics training annually for continued employment.
• All ORS employees are prohibited from owning equity in regulated utilities.
• Work hours are Monday – Friday, 8:30 am – 5:00 pm.
• Remote work is not available, and employees work in-office at 1901 Main Street, Columbia, SC 29201.