Economic Analyst III - FAD Accounting

Illinoiscomptroller; Springfield (IL); On-site; USD 80,000 - 117,000; Full time

Benefits offered by this job

Health benefits

Flexible work schedules

Paid holidays

Paid parental leave

Job summary

The Illinois Commerce Commission seeks a detail‑oriented accountant to review utility books and filings, analyze accounting issues, and provide expert testimony in docketed cases. You will prepare testimony, develop data requests, and help craft proposed adjustments under general direction.

Minimum qualifications include a bachelor’s degree in accounting and two years of regulatory or auditing experience, with strong English communication and PC software skills.

Qualifications

• Requires bachelor’s degree in accounting or equivalent with regulatory/public accounting experience.
• Total of two years regulatory, public accounting, or auditing experience.
• Superior oral and written English communication skills.

Responsibilities

• Review complex information provided by utilities and assess books and records.
• Prepare written testimony with opinions and proposed adjustments.
• Develop cross-examination questions for staff counsel.
• Present expert testimony in Commission hearings.
• Assist in preparing briefs and perform related accounting research.

Skills

Regulatory accounting

English communication

Analytical thinking

Education

Bachelor's degree in accounting

Tools

Microsoft Access

Excel

Outlook

Word

Job description

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We continually strive for a workforce that reflects the growing diversity within the State of Illinois. A variety of employee backgrounds, perspectives, ideas and experiences are crucial to our ability to most effectively serve the public. Bilingual skills welcome

Reasonable Accommodation Statement

The State of Illinois is committed to working with and providing reasonable accommodations to people with disabilities. Further, federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job, interview for a job, or for any other activity related to the hiring process. Examples of reasonable accommodation include, but are not limited to, making a change to the application process (if possible), providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

To be provided a Reasonable Accommodation during the hiring process, you will need to provide a certification of disability from a physician, psychiatrist, school official or an Illinois Department of Human Services (DHS) Division of Rehabilitation Services (DRS) Vocational Rehabilitation (VR) Counselor. Supporting documentation should be uploaded under My Documents → Additional Documents section for each application.

Any questions on Reasonable Accommodations can be directed to Central Management Services Disability Resource Center at [e-mail] or call [phone] for further information and to request or discuss an accommodation.

Sponsorship for Employment

The State of Illinois does not provide sponsorship for employment visa status (e.g. H-1B visa status), nor is the State able to provide extensions of optional practical training (OPT) under the STEM-designated degree program for F-1 students. To be considered for permanent employment with the State of Illinois, applicants must be currently authorized to work in the United States on a full-time basis.

Disclosure of Salary Information

In compliance with the Illinois Equal Pay Act, 820 ILCS 112/1 et seq., the State does not seek, request, or require a job applicant’s wage or salary history. Employment decisions are not made based on an applicant’s wage or salary history. To that end, please do not include wage or salary information in your resume or other profile or application materials.

Job Requisition ID: 58840
Opening Date: September 16, 2026
Closing Date/Time: September 30, 2026, at 5:00 p.m.
Agency: Illinois Commerce Commission
Skill Option: None
Bilingual Option: None
Salary: Anticipated Salary $7,195 - $10,485 Monthly ($86,340 - $125,820 Annually)
Job Type: Salaried
Category: Full Time
County: Sangamon County
Number of Vacancies: 2
Bargaining Unit Code: RC-63, Paygrade 21, Non-Code

Reasonable Accommodation Statement

The Illinois Commerce Commission is committed to working with and providing reasonable accommodations to people with disabilities. Please reach out to Illinois Commerce Commission Human Resources directly if you require a reasonable accommodation to apply or interview for a job or for any other activity related to the hiring process.

Why Work for Illinois?

Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you’re helping to improve schools, protect our natural resources, or support families in need, you’re a part of something bigger - something that touches the lives of every person who calls Illinois home.

No matter what state career you’re looking for, we offer jobs that fit your life and your schedule - flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.

Position Overview

Under general direction, performs reviews of the books and records of public utility companies; analyzes company filings and provides expert witness testimony on accounting issues in docketed cases before the Commission.

Essential Functions

• Reviews and evaluates information complex provided by utilities, performs reviews of the utilities’ books and records in accordance with standard guidelines, develops data requests, identifies issues that need further review and develops adjustments as appropriate.
• Prepares written testimony that set forth opinions and positions on pertinent accounting issues and present proposed adjustments.
• Develops cross-examination questions for staff counsel to ask company and intervenor witnesses.
• Presents expert witness testimony in Commission hearings.
• Assists in the preparation of briefs.
• Performs research of accounting issues and other related matters that affect public utilities.
• Performs other duties as required or assigned, which are reasonably within the scope of duties enumerated above.

Minimum Qualifications

• Requires bachelor’s degree in accounting. A bachelor’s degree in another field PLUS a minimum of one year of regulatory, public accounting, or auditing experience may substitute for the required degree in accounting.
• Requires a total of two years of regulatory, public accounting, or auditing experience.
• Requires superior oral and written English communication skills.
• Requires extensive knowledge of the personal computer and its related software programs and applications, including, at a minimum Microsoft Access, Excel, Outlook, and Word.

Preferred Qualifications

• Prefers an advanced degree in accounting, finance, economics, or a closely related field, with coursework in composition, business writing, communication skills, and computer use.
• Prefers a CPA certificate or continuing education to fulfill the requirement for CPA licensure or other accounting-related designations.
• Prefers experience with regulation of, or working for, a regulated public utility.
• Prefers experience that reflects an ability to design a plan to review the financial transactions of a company while working under the pressure of multiple deadlines.
• Prefers experience reading, understanding, and applying laws, rules, regulations, and court opinions.
• Prefers experience preparing written testimony and technical reports.
• Prefers experience presenting complex accounting issues in a manner that is easily understood by non-accountants.
• Prefers experience presenting and defending testimony and/or technical reports in a courtroom or other similar setting.
• Prefers experience related to litigation support, including but not limited to assistance with preparation of legal briefs, cross examination questions, oral arguments, and other modes of trial preparation.

Conditions of Employment

• Requires the applicant to pass a background check and self-disclosure of criminal history.
• Requires infrequent travel for participation in meetings, hearings, training, and other associated events.
• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.

It is the purpose of the Illinois Commerce Commission to pursue an appropriate balance between the interest of consumers and both emerging and existing service providers in accordance with applicable statute and rules. In support of this mission, the ICC staff will provide technical and legal expertise in a professional environment that encourages initiative, respect, teamwork, and commitment to public interest.

General Functions of the Illinois Commerce Commission

The ICC regulates Illinois investor-owned electric, natural gas, telephone, water, and sewer companies. In addition, the Commission exercises authority over railroad safety and hazardous materials movement, towing companies operating in the Chicago area, and motor carrier insurance requirements.

The Commission is responsible under state law for ensuring that the citizens of Illinois receive safe, efficient, and reliable utility service at reasonable costs. The ICC must balance the consumers' needs against the financial needs of the utilities. In the continually changing utility environment, staff also recommend new ways to do with a marketplace in transition, particularly in the telecommunications and electric sectors, where competition is reshaping the industry.

State of Illinois Benefits

As a State of Illinois Employee, you will receive a robust benefit package that includes the following:

• Competitive Group Insurance Benefits including Health, Life, Dental and Vision Insurance
• 3 Paid Personal Business Days annually
• 12 Paid Sick Days annually (Sick days carry over from year to year)
• 10-25 Days of Paid Vacation time annually - (10 days in year one of employment)
• 13 Paid Holidays annually, 14 on even numbered years
• Flexible Work Schedules (when available dependent upon position)
• 12 Weeks Paid Parental Leave
• Deferred Compensation Program - A supplemental retirement plan
• Optional Pre-Tax Programs such as Medical Care Assistance Plan (MCAP), Dependent Care Assistance Plan (DCAP)
• Federal Public Service Loan Forgiveness Program eligibility
• Employee Assistance Program and/or mental health resources
• 5% Salary Differential for Bilingual Positions