Certified Depreciation Manager

State of Oklahoma; Oklahoma; On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Annual leave 15 days

Annual leave 18 days

Annual leave 20 days

Annual leave 25 days

Sick leave 15 days

Health insurance package

Retirement plans

Job summary

The 185 CORPORATION COMMISSION seeks a Certified Depreciation Manager to lead depreciation, accounting, auditing, and regulatory analysis for Commission-jurisdictional utilities. You will develop policy recommendations, oversee technical work, and guide strategic initiatives while ensuring fair, just, and reasonable rates.

The role requires deep regulatory knowledge, strong judgment, and proven leadership to manage complex projects and mentor staff within a statewide regulatory program.

Qualifications

• Requires highly specialized knowledge in depreciation, accounting, finance and regulatory disciplines.
• Bachelor's degree with 7 years in regulation of Commission-jurisdictional utilities; CPA/CPD optional.
• Master's degree with 5 years of progressive regulatory experience and CPD credential.

Responsibilities

• Plans, directs and coordinates regulatory depreciation, accounting, auditing and economic analysis.
• Develops recommendations on depreciation, ratemaking, policy and regulatory procedures.
• Provides leadership, sets priorities, evaluates performance and fosters collaboration.
• Directs case processing activities including proceedings involving utilities and compliance.
• Monitors regulatory developments and proposes policy responses.
• Reviews testimony, reports and analyses for technical accuracy and policy alignment.
• Presents testimony before the Commission as required.

Skills

Analytical thinking

Regulatory knowledge

Leadership

Policy analysis

Written & verbal comms

Education

Bachelor's degree in Accounting, Finance, Economics, Business Administration, Engineering, Public Administration, Mathematics, Statistics, Data Analytics, or related field

Master's degree + Certified Depreciation Professional

Job description

Job Posting End Date

Refer to the date listed at the top of this posting, if available. Continuous if date is blank.

Note: Applications will be accepted until 11:59 PM on the day prior to the posting end date above.

Job Posting Title

Certified Depreciation Manager

Agency

185 CORPORATION COMMISSION

Supervisory Organization

Corporation Commission

Full/Part-Time

Full time

Job Type

Regular

Compensation

Annual salary based on education and experience.

Job Description

Basic Purpose

Leads complex regulatory functions involving depreciation, accounting, auditing, financial analysis, economic analysis, and regulatory policy associated with the regulation of Commission‑jurisdictional utilities. Develops recommendations regarding depreciation, in plant service, regulatory policy, ratemaking, accounting treatment, economic and financial analysis, and Commission procedures while ensuring technically sound, well‑supported, and consistent recommendations to the Commission, agency leadership, stakeholders, and the Legislature.

The position reports to Division executive leadership and serves as a senior technical and program manager responsible for leading assigned regulatory functions, providing policy recommendations, overseeing highly technical work products, assisting in establishing Division priorities, supporting strategic initiatives, and advancing the Commission’s mission of ensuring safe, reliable utility service at fair, just, and reasonable rates.

Typical Functions

• Plans, directs, and coordinates regulatory depreciation, in plant service, accounting, auditing, financial analysis, economic analysis, and regulatory activities involving Commission-jurisdictional utilities, which include electric, natural gas, electric cooperatives, water, telecommunications and the Oklahoma Universal Service Fund (OUSF).
• Develops recommendations concerning complex regulatory matters including, but not limited to, depreciation, in plant service, accounting, auditing, finance, economics, engineering, ratemaking, utility operations, infrastructure planning, resource planning, reliability, regulatory policy, and other proceedings involving Commission-jurisdictional utilities.
• Provides leadership, guidance, and technical direction to assigned staff by establishing priorities, assigning work, evaluating performance, reviewing work product, supporting professional development, and fostering a collaborative work environment.
• Plans and directs the development and implementation of regulatory policies, procedures, strategic initiatives, and operational priorities consistent with Division objectives.
• Directs or participates in case processing activities involving applications, rate proceedings, investigations, audits, financing matters, certificates, compliance reviews, and other regulatory proceedings involving Commission-jurisdictional utilities.
• Monitors emerging regulatory, financial, accounting, technological, operational, economic, legislative, and industry developments affecting Commission-jurisdictional utilities and recommends appropriate policy responses.
• Reviews testimony, exhibits, work papers, audit reports, financial analyses, economic analyses, and staff recommendations for technical accuracy, analytical completeness, and consistency with Commission policy.
• Presents testimony before the Commission as required.
• Provides technical and policy advice to Division leadership and the Commission regarding matters affecting Commission-jurisdictional utilities.

Level Descriptor

Employees at this level are assigned overall responsibility for planning, organizing, directing, and coordinating one or more major statewide regulatory program areas having significant impact on Division operations. Positions exercise substantial independent judgment in policy development, technical analysis, program administration, and supervision of professional staff.

Employees develop and implement strategic initiatives, establish operational priorities, evaluate program effectiveness, recommend regulatory policy, and provide technical guidance to Division leadership. Work requires extensive knowledge of utility regulation, depreciation, and the ability to manage complex regulatory matters involving financial, accounting, economic, operational, engineering, and policy issues.

Education And Experience

• Requires highly specialized knowledge and experience in the regulation of Commission-jurisdictional utilities, including utility depreciation, plant in service, accounting, utility finance, auditing, economics, engineering, and other related regulatory disciplines. Demonstrates strong analytical, organizational, written, and verbal communication skills, with the ability to lead complex regulatory projects, mentor professional staff, develop policy recommendations, manage multiple priorities, and support the Division’s strategic objectives through sound independent judgment, effective collaboration, and strong leadership.
• Requires a bachelor’s degree in Accounting, Finance, Economics, Business Administration, Engineering, Public Administration, Mathematics, Statistics, Data Analytics, or another closely related field and seven (7) years of professional experience in the regulation of Commission-jurisdictional utilities; and a Certified Depreciation Professional; or
• A master's degree in Accounting, Finance, Economics, Business Administration, Engineering, Public Administration, Mathematics, Statistics, Data Analytics, or another closely related field, a Certified Depreciation Professional, and five (5) years of progressively responsible professional experience in the regulation of Commission-jurisdictional utilities involving accounting, auditing, finance, economics, engineering, ratemaking, regulatory policy, utility operations, or related regulatory work.

Knowledge, Skills, And Abilities

Knowledge of federal and state laws and regulations relating to the administration of the principles, methods and practices of the program(s) being administered; of the organization, development and administration of the programs for which responsibility is assigned; and of supervisory principles and practices.

Ability is required to plan, coordinate and evaluate the activities of multiple work units and divisions engaged in a broad range of functions; to establish and maintain effective working relationships with others; to communicate effectively, both orally and in writing; to interpret, analyze and resolve highly complex administrative and personnel problems; and to direct the functions and activities of a program or division which is large in size and scope that provides state‑wide services.

Additional Job Description

The work location will be in the Oklahoma City office of the Corporation Commission.

Core work hours for the Oklahoma Corporation Commission are Monday through Friday, 8am - 4:30pm.

This position is not remote work eligible.

Benefits

• 15 days accrued annually during the first 1–5 years of service.
• 18 days accrued annually for 5–10 years of service.
• 20 days accrued annually for 10–20 years of service.
• 25 days accrued annually for over 20 years of service.
• Sick leave: Accrued at 15 days per year.
• A comprehensive health insurance package – medical, dental, vision, life insurance, dependent life insurance, and flexible medical spending account.
• A generous benefit allowance to offset the cost of insurance premiums for employees and their eligible dependents.
• Retirement plans: Defined Contribution Plan or Deferred Compensation Plan.

Conditions of Employment

• Contingent on a favorable background check
• FLSA Exempt status

Disclaimer

This job description is intended as a summary of the primary responsibilities of and qualifications for this position. The job description is not intended as inclusive of all duties an individual in this position might be asked to perform or of all qualifications that may be required either now or in the future.

All employees appointed to state service, whether initial hiring, transferring from one state agency to another state agency, or returning to state service following a break in service will be required to complete a twelve-month trial period in accordance with Civil Service and Human Capital Modernization Rule 260:130-19-30.

Equal Opportunity Employment

The State of Oklahoma is an equal opportunity employer and does not discriminate on the basis of genetic information, race, religion, color, sex, age, national origin, or disability.

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