Public Utilities Regulatory Analyst

North Carolina; Raleigh (NC); On-site; USD 61,000 - 94,000; Full time

Job summary

The State of North Carolina is seeking a Public Utilities Regulatory Analyst to join the North Carolina Public Staff. This full-time role involves auditing financial records, analyzing utility rate filings, and preparing documentation for regulatory purposes, impacting residents' lives positively through effective public service. Candidates should hold a relevant degree and possess strong auditing and communication skills.

Benefits

Health insurance

Retirement benefits

Qualifications

• Bachelor's degree in accounting, finance or related field required.
• Minimum one year of directly related experience is necessary.
• Demonstrated knowledge and experience with GAAP standards required.

Responsibilities

• Audit financial transactions and accounting practices of utilities.
• Prepare testimony and financial documentation for regulatory review.
• Conduct complex fiscal analysis and reports.

Skills

Knowledge of GAAP

Auditing

Financial Analysis

Communication

Education

Bachelor's degree in accounting or related field

Job description

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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 Public Staff is looking for a Public Utilities Regulatory Analyst I.

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

• Salary Grade: NC18*
  
  

Recruitment Range: $61,545 - $93,959

• This is a repost and previous candidates are still being considered and need not reapply***
  
  

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 provides an excellent opportunity for a motivated individual who is ready to engage with other service-oriented professionals and contribute to the work of the Commission.

The positions DO NOT involve traditional accounting duties such as recording agency financial transactions, managing agency fiscal programs, or agency budgeting. The positions involves a combination of auditing, financial, cost, and tax accounting and allows for critical thinking for solutions to complex issues.

Note to Current State Employees

The salary grade for this position is NC18. State employees are encouraged to apply for positions of interest even if the salary grade is the same as, or lower than, their current position. If selected for this position, a new salary will be recalculated taking into consideration the quantity of relevant education and experience, funding availability, and internal equity. Based upon those factors, a pay increase MAY result.

Knowledge, Skills And Abilities / Competencies

APPLICANTS MUST MEET THE EDUCATIONAL REQUIREMENT AND ALL KSAs 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.
  
  

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.

• 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.* Supplemental and Contact Information
  
  

About The Public Staff

The Public Staff is an independent agency created in 1977 to review, investigate, and make appropriate recommendations to the North Carolina Utilities Commission with respect to the reasonableness of rates charged and adequacy of service provided by any public utility and with respect to the consistency with the public policy of assuring an energy supply adequate to protect the public health and safety.

About The Department Of Commerce

The North Carolina Department of Commerce is the state's lead agency for economic, community and workforce development. The department works with local, regional, national and international organizations to fulfill its mission to improve the economic well-being and quality of life for all North Carolinians.

Commerce is an Equal Opportunity Employer who embraces an Employment First philosophy which consists of complying with all federal laws, state laws and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job.

Our Agency uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. All applicants must complete and submit a state application for employment using the NEOGOV Online Job Application System (OSHR - Work for NC) for the State of North Carolina.

• PLEASE NOTE** It is critical to our screening and salary determination process that applications contain comprehensive information. Information should be provided in the appropriate areas to include the beginning and ending dates of jobs worked, education with the date graduated, all work experience, and certificates/licenses. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.
  
  

Resumes will not be accepted in lieu of completing this application. Answers to Supplemental Questions must refer to education or work experience listed on this application to receive credit. Degrees must be received from appropriately accredited institutions. To receive credit for your work history and credentials, you must list the information on the online application form. Any information omitted from the application cannot be considered in screening for qualifying credit. Attached or incorporated resumes (including Text resumes on application form) WILL NOT be used for screening for qualifying credit. Please make sure you complete the application in full. "See Resume" or "See Attachment" will NOT be accepted and will be considered an incomplete application and will not be processed. For additional information about applications and processes with the state of NC, please visit: How Do I Get the Job.

For consideration for this vacancy, all applicants must complete an on-line application using this link, https://www.governmentjobs.com/Applications/Index/northcarolina. If multiple applications are submitted to an individual posting, only the most recent application received prior to the posting close date will be evaluated for consideration.

Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript. If applicants earned college credit hours but did not complete a degree program, they must attach an unofficial transcript to each application to receive credit for this education. If applicants earned college credit hours but did not complete a degree program, they must attach an unofficial transcript to each application to receive credit for this education.

• INCLUDE ALL RELEVANT EDUCATION, WORK EXPERIENCE IN THE DESIGNATED EDUCATION AND WORK HISTORY SECTION ON THE FORMAL APPLICATION***
  
  

If you have student loans, becoming a state employee includes eligibility for the Public Service Loan Forgiveness Program. Visit www.studentaid.gov to learn more.

• Applicants seeking Veteran's Preference must attach a DD-214 Member-4 Form (Certificate of Release or Discharge from Active Duty) to their applications.
• Applicants seeking National Guard Preference must attach a NGB 23A (RPAS) if they are a current member of the NC National Guard in good standing. If a former member of the NC National Guard who served for at least 6 years and was discharged under honorable conditions, they must attach either a DD256 or NGB 22.
• Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.
  
  

Re-Entry for Formerly Incarcerated Individuals

Our Agency supports the Governor’s Executive Order 303 which seeks to re-employ individuals that were previously incarcerated. Formerly incarcerated individuals are invited to apply for any vacant Commerce position(s) in which they believe they are qualified.

Due to the volume of applications received, we are unable to provide information regarding the status of your application over the phone. To check the status of your application, please log in to your account and click "Application Status." If you are selected for an interview, you will be contacted by management. If you are no longer under consideration, you will receive an email notification.

For technical issues with your application, please call the GovernmentJobs.com Applicant Support Help Line at 855.524.5627.

NOTE: For temporary, contract or other supplemental staffing appointments: There are no paid leave, retirement or other benefits associated with these appointment types.

For Permanent And Time-limited Appointments

Eligible employees have benefits that include employee health insurance options, standard and supplemental retirement plans, NC Flex (a variety of high-quality, low-cost benefits on a pre-tax basis), and paid vacation, sick, and community service leave, to name a few. Paid parental leave is available for eligible employees. Some benefits require 30 + hours work/week for participation.

01

By providing the requested information, you certify that you have given true, accurate and complete information on this attachment to the best of your knowledge. In the event confirmation is needed in connection with your work, you authorize educational institutions, associations, registration and licensing boards, and others to furnish whatever detail is available concerning your qualifications. You authorize investigation of all statements made in this application and understand that false information or documentation, or a failure to disclose relevant information may be grounds for rejection of your application, disciplinary action or dismissal if you are employed, and(or) criminal action. You further understand that dismissal upon employment shall be mandatory if fraudulent disclosures are given to meet position qualifications (Authority: GS 126-30, GS 14- 122.1).

• I attest to the above statement in accordance with GS 126-30, GS 14-122.1
  
  

02

The recruitment range for this position is $61,545 - $93,959. If offered, are you willing to accept a salary within the posted recruitment range of $61,545 $93,959?

• Yes
• No
  
  

03

How many years of work experience do you possess with demonstrated knowledge of Generally Accepted Accounting Principles (GAAP)?

• None
• Less than 1 year
• At least 1 year but less than 2 years
• At least 2 years but less than 3 years
• 3 or more years
  
  

04

How many years of work experience do you possess with 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.)?

• None
• Less than 1 year
• At least 1 year but less than 2 years
• At least 2 years but less than 3 years
• 3 or more years
  
  

05

How many years of work experience do you possess with identifying changing requirements and problems regarding account structures/reports, and/or accounting systems?

• None
• Less than 1 year
• At least 1 year but less than 2 years
• At least 2 years but less than 3 years
• 3 or more years
• Required Question

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Government Administration

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