Utility Financial Analyst 4

Holland America-Princess (Holland America Dawson City Inn); Anchorage (AK); Hybrid; USD 90,000 - 120,000; Full time

Job summary

The Regulatory Commission of Alaska in Anchorage is seeking a Utility Financial Analyst 4 to plan, conduct audits of tariff filings, revenue requirements, and rate design studies using GAAP and standard rate-making principles.

You will supervise the Finance Section, review and present memoranda, and support regulatory asset tracking. A hybrid schedule after training is available; strong analytical and communications skills are essential.

Qualifications

• Accounting: Knowledge of traditional accounting practices including accrual, obligations, and costs methods.
• Decisiveness: Makes well-informed, effective, and timely decisions, even when data are limited or solutions produce unpleasant consequences; perceives the impact and implications of decisions.
• Planning and Evaluating: Organizes work, sets priorities, and determines resource requirements; determines short- or long-term goals and strategies to achieve them; coordinates with other organizations or parts of the organization to accomplish goals; monitors progress and evaluates outcomes.
• Political Savvy: Identifies the internal and external politics that impact the work of the organization. Perceives organizational and political reality and acts accordingly.
• Technical Credibility: Understands and appropriately applies principles, procedures, requirements, regulations, and policies related to specialized expertise.

Responsibilities

• Plan, prepare, and conduct financial audits of highly controversial and complex tariff filings, revenue requirement, cost of service, and rate design studies, using appropriate audit techniques and generally accepted rate making principles.
• Establish elements of the revenue requirement, including verification and normalization of operating expenses, rate base, allowance for taxes, and determination of the appropriate return on rate base.
• Prepare, present, and defend memoranda containing staff recommendations advising the Commission on courses of action.
• Conduct research of applicable regulations, statutes, and past Commission precedent relevant to the audit and assist in legislative inquiries and requests for data.
• Supervise, schedule, and coordinate the work of the Finance Section, including assigning and reviewing work, conducting evaluations, and providing training.

Job description

Job Description

The Regulatory Commission of Alaska is recruiting for a Utility Financial Analyst 4 position located in Anchorage!

What you will be doing:

Plan, prepare, and conduct financial audits of highly controversial and complex tariff filings, revenue requirement, cost of service, and rate design studies, using appropriate audit techniques and generally accepted rate making principles.

Establish elements of the revenue requirement, including verification and normalization of operating expenses, rate base, allowance for taxes, and determination of the appropriate return on rate base.

Prepare, present, and defend memoranda containing staff recommendations advising the Commission on courses of action.

Conduct research of applicable regulations, statues, and past Commission precedent relevant to the audit and assist in legislative inquiries and requests for data.

Supervise, schedule, and coordinate the work of the Finance Section, including assigning and reviewing work, conducting evaluations, and providing training.

Our organization, mission, and culture:

The RCA regulates public utilities (electric, water, sewer, refuse, and natural gas), pipeline carriers, and to a limited extent, telecommunications providers to ensure they provide safe and adequate services and facilities at just and reasonable rates, terms, and conditions.

The Finance Section reviews filings where regulated utilities and pipeline carriers seek to revise their rates, assist in financial fitness review, and act as the staff docket manager on docket filings such as rate cases suspended for further investigation, regulatory assets, and dockets that are financial in nature.

In addition, the Finance Section may be involved in rule-making proceedings, provide information in response to legislative inquiries, and present in public meetings.

Benefits of joining our team:

Our team works with a variety of people, both inside the agency and with utilities and pipeline carriers. There is a balance of work performed independently and coordinating internally as a team. There is an opportunity for a hybrid telecommuting schedule after training is complete.

The working conditions you can expect:

The RCA is located in the heart of downtown Anchorage. The daily work environment can be busy at times with different deadlines to meet with a variety of work assignments. During downtime the team works to identify areas of improvement and implements changes to increase efficiencies.

We are interested in candidates who possess some or all of the following position specific competencies:

Planning and Evaluating:

Organizes work, sets priorities, and determines resource requirements; determines short- or long-term goals and strategies to achieve them; coordinates with other organizations or parts of the organization to accomplish goals; monitors progress and evaluates outcomes.

Managing Performance:

Takes responsibility for employees’ performance by setting and communicating expectations and goals that are specific and measurable, tracking progress against the goals, supporting employees’ efforts to achieve job goals (by providing resources, removing obstacles, acting as a buffer, etc.), ensuring feedback, and addressing performance problems and issues promptly.

Technical Credibility:

Understands and appropriately applies principles, procedures, requirements, regulations, and policies related to specialized expertise.

This recruitment is open to Department of Commerce, Community and Economic Development employees only.

Minimum Qualifications

• Accounting: Knowledge of traditional accounting practices including accrual, obligations, and costs methods.
• Decisiveness: Makes well-informed, effective, and timely decisions, even when data are limited or solutions produce unpleasant consequences; perceives the impact and implications of decisions.
• Planning and Evaluating: Organizes work, sets priorities, and determines resource requirements; determines short- or long-term goals and strategies to achieve them; coordinates with other organizations or parts of the organization to accomplish goals; monitors progress and evaluates outcomes.
• Political Savvy: Identifies the internal and external politics that impact the work of the organization. Perceives organizational and political reality and acts accordingly.
• Technical Credibility: Understands and appropriately applies principles, procedures, requirements, regulations, and policies related to specialized expertise.

Equivalent to those typically gained by:

Any combination of preparatory post-secondary education and/or progressively responsible professional level experience in accounting, finance, business administration, public administration, or a closely related field/industry.

Special Note:

“Competencies” means a combination of interrelated knowledge, skills, abilities, and behaviors that enable a person to act effectively in a job or situation.

“Typically gained by” means the prevalent, usual method of gaining the competencies expected for entry into the job.

“Training” and “education” in this guidance are synonyms for the process of acquiring knowledge and skills through instruction. It includes instruction through formal and informal methods (such as classroom, on-line, self-study, and on-the-job), from accredited and unaccredited sources, and long-duration (such as a post-secondary degree) and short-duration (such as a seminar) programs.

“Professional experience” means work that is creative, analytical, evaluative, and interpretive; requires a range and depth of specialized knowledge of the profession's principles, concepts, theories, and practices; and is performed with the power or right to decide or act according to one's own judgment.

“Progressively responsible” means indicating growth and/or advancement in complexity, difficulty, or level of responsibility.

Additional Required Information

At time of interview, applicants are required to submit:

Two (2) originally authored writing samples; and

Copies of your three (3) most recent evaluations; and

Three (3) professional references who have had supervisory responsibility over you along with their daytime contact phone numbers.

EDUCATION

If post-secondary education is required to meet the minimum qualifications, you must fill in the Education section of the application. If you have not obtained a degree, please indicate the number of units completed. Copies of transcripts are required to verify educational credentials if used to meet the minimum qualifications for a position. Transcripts can be attached at the time of application or provided at the time of interview.

WORK EXPERIENCE

If using work experience not already documented in your application, also provide the employer's name, your job title, dates of employment, and whether full-or part-time. Applications will be reviewed to determine if the responses are supported and minimum qualifications are clearly met. If they are not, the applicant may not advance to the interview and selection phase of the recruitment.

MULTIPLE VACANCIES

This recruitment may be used for more than one (1) vacancy. The applicant pool acquired during this recruitment may be used for future vacancies for up to ninety (90) days after this recruitment closes. Interested applicants are encouraged to apply to each recruitment notice to ensure consideration for all vacancies.

NOTICE

Questions regarding the application process can be directed to the Workplace Alaska hotline at 800-587-0430 (toll free) or (907) 465- 4095. If you choose to be contacted by email, please ensure your email address is correct on your application and that the spam filter will permit email from the 'govermentjobs.com' domains. For information on allowing emails from the 'governmentjobs.com' domains, visit the Lost Password Help page located at

https://www.governmentjobs.com/OnlineApplication/User/ResetPassword

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