Valuation Analyst

Okgov; Oklahoma; On-site; USD 64,000 - 79,000; Full time

Benefits offered by this job

Generous state-paid benefit allowance

Flexible spending accounts

Retirement Savings Plan

15 days of paid vacation

15 days of sick leave

11 paid holidays

Maternity leave

Employee discounts

Longevity Bonus

Job summary

The Oklahoma Tax Commission is seeking a valued professional for the Valuation Analyst role. This full-time position focuses on central valuation for railroads, airlines, and public service corporations for ad valorem tax purposes, coordinating with company representatives to gather financial data and apply standardized unit valuation methods.

Applicants should have a bachelor’s degree in accounting/finance/business and at least two years of related experience, plus strong analytical and

Qualifications

• Bachelor’s degree plus two years of related experience.
• Experience with unit valuation or related appraisal work.
• Strong analytical and communication abilities.

Responsibilities

• Determine Oklahoma Fair Cash Values for ad valorem taxes.
• Review Public Service Annual Reports and financial statements.
• Collaborate on capitalization rate and equity rate.
• Present findings and train coworkers as needed.
• Assist with annual education conferences.

Skills

Valuation knowledge

Analytical skills

Communication skills

Time management

Education

Bachelor’s degree in accounting/finance/business

Tools

Microsoft Office

Job description

Valuation Analyst

Agency

695 OKLAHOMA TAX COMMISSION

Supervisory Organization

Public Service

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.

Full/Part-Time

Full time

Job Type

Regular

Salary - $71,460

WHY YOU’LL LOVE IT HERE!

TRANSPARENCY.FAIRNESS.COMPLIANCE.The Oklahoma Tax Commission is committed to leading Oklahoma with unparalleled customer service. Our mission is to promote tax compliance through serving taxpayers with transparency and fairness in administration of the tax code and unparalleled customer service.

There are perks to working for the OTC.We know that benefits matter, and that is why we offer a competitive benefits package for all eligible employees:

• Generous state-paid benefit allowance to help cover insurance premiums.
• A wide choice of insurance plans with no pre-existing condition exclusions or limitations.
• Flexible spending accounts for health care expenses and/or dependent care.
• A Retirement Savings Plan with a generous match.
• 15 days of paid vacation and 15 days of sick leave for full-time employees the first year.
• 11 paid holidays a year.
• Paid Maternity leave for eligible employees.
• Employee discounts with a variety of companies and vendors.
• A Longevity Bonus for years of service.

JOB SUMMARY

The Public Service Valuation Analyst is responsible for the central valuation of railroads, airlines, and public service corporations annually for ad valorem tax purposes. Analysts will coordinate and communicate either in-person or over the phone, with company representatives to gather, interpret and review corporate financial information for valuations. They will analyze company renditions, along with additional financial information and appraisals, and will use a standardized unit methodology for each industry. Analysts will assess the values upon completion of the annual valuation process and will apportion to the proper taxing jurisdictions. Analysts will determine if the appraisal meets the Oklahoma Tax Commission’s policy/procedure guidelines, statutory guidelines, regulatory standards, unit valuation standards and represents a fair estimate of property value. In addition, Analysts will work with Management to develop, implement, and administer appraisal guidelines, policies, and procedures.

DUTIES AND RESPONSIBILITIES

The functions performed by employees in this job family will vary, but may include the following:

• undefined
• Determines Oklahoma Fair Cash Values for Airline, Railroad, and Public Service Corporation for ad valorem taxation.
• Reviews and analyzes Public Service Annual Reports
• Reviews and analyzes sworn lists or schedules, including Balance Sheets, Income Statements, and government regulatory reports
• Identify reporting discrepancies or missing information from Public Service Annual Reports
• Engage in discussions with taxpayers at informal conferences
• Reviews proposed Intangible Personal Property Exemptions for unit valuation
• Research and prepare Impact Study for release to the counties
• Assists with apportionment questions from companies and counties
• Research and determine Discovery of new Public Service Companies
• Collaborates in determining yearly capitalization rate and equity rate
• Completes internal company audits and protest summaries
• Conducts research and analysis on Unit Valuation methodology
• Assists in hosting, registering participants, and monitoring classrooms at the Annual Educational Conference
• Presents at Annual Education Conference and other meetings as needed
• Assists in training Co-workers
• Maintains productivity in line with established benchmarks
• Other duties or tasks as assigned by management, including special projects

COMPLEXITY OF KNOWLEDGE, SKILLS, AND ABILITIES

Knowledge of:

• Generally accepted valuation approaches (cost, market and income), including discounted cash flow, replacement cost methods, capital asset pricing model, etc.
• Computer technology principles, terminology, and automated systems, including Microsoft Office applications
• Accounting, finance, and appraisal methodologies and principles
• Financial Statements, including Balance Sheet and Income Statements
• Government regulatory forms, Ex: FERC Forms, SEC, R1
• Analytical principles

Skills in:

• Strong time management, data collection, and organizational skills
• Excellent critical thinking, problem-solving, and analytical skills
• Exceptional attention to detail
• Strong interpersonal skills and ability to work collaboratively with others
• Proficient in Microsoft Office programs
• Excellent written and verbal communication skills

Ability to:

• Gather and analyze information to assist in reaching a Fair Cash Value.
• Display objectivity, integrity, independent judgment, confidentiality, and ethical conduct
• Professionally present your findings in a clear and concise manner
• Perform highly independent work effectively in a fast-paced environment
• Demonstrate efficiency, accuracy, and thoroughness
• Communicate difficult and complicated topics with ease and simplicity
• Work well independently and as part of a team
• Prioritize tasks to meet deadlines with accurate and complete information
• Accept responsibility for actions with honesty and integrity while remaining committed to organization success
• Establish and maintain effective working relationships with others

MINIMUM QUALIFICATIONS

Education and Experience requirements at this level consist of

• A bachelor’s degree in accounting, finance, business/public administration or a closely related field; PLUS, two years of experience in accounting, finance, business, appraisal work, unit valuation, or closely related work
• OR an equivalent combination of education and/or experience in accounting, finance, business, appraisal work, unit valuation, or closely related work

PREFERRED QUALIFICATIONS

Preference may be given to applicants who:

• Have experience with central or Unit Valuation
• Have an understanding of Replacement Cost New Studies
• OSU CLGT accredited in the Assessor Training and Accreditation (ATAP) program.

PHYSICAL DEMANDS

Ability to sit and stand for extended periods of time. Exhibit manual dexterity and hand-eye coordination to operate a computer, keyboard, photocopier, telephone, calculator, and other office equipment. Ability to see and read a computer screen and printed material with or without vision aids. Ability to hear and understand speech at normal levels, with or without aids. Ability to communicate clearly. Physical ability to lift up to 15 pounds, to bend, stoop, climb stairs, walk and reach. Duties are normally performed in an office environment with a moderate noise level.

SPECIAL REQUIREMENTS

This position requires occasional travel. Applicants must have reliable transportation and be willing and able to perform all job-related travel. Possession and maintenance of a valid Oklahoma State Driver’s License is also required.

Oklahoma Tax Commission’s normal work hours are Monday through Friday, 7:30am to 4:30pm. This schedule may require minor flexibility based on the needs of the agency.

Telework may be required based on the needs of the agency, division, and section. If applicable, applicant must be willing and able to BOTH work on-site and telework at an off-site location, generally in the applicant’s home. Applicant must have a secure internet connection and a dedicated telephone (landline) or smart phone device during scheduled working hours.

This position has access to Federal Tax Information (FTI) and is required to uphold the strictest standards of confidentiality as an essential part of its job responsibilities. This includes safeguarding all tax information obtained from records, files, tax returns, and departmental investigations, whether in paper, electronic, or verbal form.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

All offers of employment will be contingent upon successful completion of a fingerprint-based background check, reference check and federal and state tax compliance check.

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.