Public Utilities Regulatory Analyst II

Commerce; North Carolina; On-site; USD 70,000 - 118,000; Full time

Benefits offered by this job

12 Annual Holidays

NC State Health Plan

Public retirement plans

Job summary

The Department of Commerce – Division Utilities Commission in North Carolina seeks a Public Utilities Regulatory Analyst II to provide expert accounting and regulatory counsel on rate cases, MYRP/WSIP, and fuel adjustment matters. The role demands independent judgment, docket leadership, and strong writing and oral communication.

Applicants should have a bachelor’s degree in a related field and at least three years of relevant experience, with an emphasis on accounting and utility regulation.

Qualifications

• Bachelor’s degree in accounting, finance, business administration, economics, or related discipline.
• Three years of directly related experience.
• Advanced knowledge of economic regulation of IOUs.
• Strong accounting, analytical, and communication skills (oral and written).

Responsibilities

• Understand and apply North Carolina public utility regulatory frameworks.
• Review and critique complex evidence including expert testimony, data, and reports.
• Develop recommendations for action based on accounting and regulatory analysis.
• Present recommendations to Commissioners in written and oral form.
• Defend recommendations under cross-examination and review.
• Manage case work for multi-year rate plans (MYRP/WSIP) and traditional rate cases.

Skills

Advanced IOU regulation knowledge

Accounting and analytics

Oral and written communication

Education

Bachelor’s degree in accounting/finance/economics or related

Job description

Public Utilities Regulatory Analyst II (NS)

Agency: Department of Commerce – Division Utilities Commission

Position Number: 60077222 (two positions 60077222 & 60077254)

Grade: NC20

Position Type: Full-time (40 hours per week)

This position, within the Operations Division of the NCUC, provides expert accounting and technical advice and counsel to the Commission regarding matters subject to the NCUC’s jurisdiction. In addition to providing expert‑level advice, it carries subject‑matter leadership in three highly specialized areas: (1) Case management of multi‑year rate plans (MYRP and WSIP) and traditional rate cases as well as annual review of gas cost cases and fuel clause adjustment cases. (2) Complicated accounting issues in MYRP, WSIP and traditional rate cases. (3) Strong technical writing and oral communication skills. The role includes independent judgment, recurring docket leadership and specialized expertise, and involves presenting recommendations to commissioners and defending them under critical review.

Key Responsibilities

• Comprehend and apply the legal and regulatory frameworks within which public utilities in North Carolina operate.
• Review, analyze, weigh and critique complex evidence presented to the NCUC in the form of expert witness testimony, data, and reports.
• Develop recommendations for action by the NCUC based on application of accounting knowledge and experience to the evidence within applicable legal and regulatory frameworks.
• Present recommendations to the Commissioners in written and oral presentation.
• Defend recommendations under critical review.
• Perform case management of multi‑year rate plans (MYRP and WSIP) and traditional rate cases as well as annual review of gas cost cases and fuel clause adjustment cases.
• Address complicated accounting issues in MYRP, WSIP and traditional rate cases.
• Draft strong technical reports and conduct effective oral communication.

Knowledge, Skills and Abilities

• Advanced knowledge of economic regulation of Investor Owned Utilities (IOUs).
• Familiarity with electric, natural gas and water and wastewater utility systems.
• Strong accounting, analytical and organizational skills; ability to examine financial records and communicate complex issues in writing and orally.
• Ability to work with attorneys, accountants, paralegals, engineers, and other policy analysts.
• Demonstrated ability to function effectively in a team as well as independently, including defending accounting analyses, opinions and recommendations in adversarial legal settings.
• Advanced level of knowledge in accounting, finance, business administration, economics, statistics, engineering and environmental sciences, and public utility operations.

Eligibility and Compliance

Applicants must be legally authorized to work in the United States at the time of hire and throughout employment.

Commercial does not provide employment visa sponsorship.

The State of North Carolina is an Equal Employment Opportunity Employer and is committed to providing reasonable accommodation to employees and applicants with disabilities.

Applicants seeking Veteran's Preference must attach a DD-214 Form.

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.

Education and Experience

Bachelor’s degree in accounting, banking, finance, business administration, public administration, economics, or related discipline from an accredited institution and three years of directly related experience; or an equivalent combination of education and experience.

Benefits

• 12 Annual Paid Holidays and monthly accrual of vacation and sick leave.
• North Carolina State Health Plan administered by Aetna.
• Supplemental Benefits including Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental, and Vision.
• NC State Retirement (TSERS), 401(k), and 457 savings plans.
• WeSave Employee Discounts.
• Eligibility for the Public Service Loan Forgiveness Program.

Benefits information available at https://oshr.nc.gov/state-employee-resources/benefits

Salary and Funding

Recruitment Range: $70,478 – $118,000

Position grade: NC 20. 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.

This posting closes at 11:59:59 PM the night before the End Date above.

Department and Commission Overview

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.

The primary purpose of the Utilities Commission is to regulate the rates and quality of service of investor‑owned public utilities in the State of North Carolina.

Commercial is an Equal Opportunity Employer who embraces an Employment First philosophy which consists of complying with all federal laws, state laws, and Executive Orders.

Equal Opportunity Statement

The State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation.