Public Utilities Regulatory Analyst I

Description of Work Salary Grade: NC18 Recruitment Range: $59,752 - $90,000 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.
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.
This 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 documents 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.
Testifying in major rate cases before the Utilities Commission.
Preparing complex fiscal analysis and reports; and conducting cost accounting studies.
This position DOES NOT involve traditional accounting duties such as recording agency financial transactions, managing agency fiscal programs, or agency budgeting.
This is a full-time position (40 hours per week) with State Benefits.
This position qualifies for teleworking on a part-time basis as part of the Department of Commerce Teleworking Program.
Any teleworking will be under the conditions of the Commerce Teleworking Program Policy, and the employer may end any teleworking arrangement at any time at the employer's sole discretion.
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 In order to receive credit for the supplemental questions in which you answered yes, you must provide supporting information within the body of the application, to support your answer.
Your application should also reflect all education and all professional work experience acquired including high school and all degrees.
It is critical to our screening and salary determination process that applications contain comprehensive candidate information.
Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP).
Experience examining and analyzing accounting and financial records (payroll, journal entries, ROI, depreciation, etc.
) and financial reports.
Experience compiling, monitoring, auditing and examining financial and/or program information sources for accuracy, integrity, and conformance to rules and regulations.
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 relationships 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 accounting 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.
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 detail.
Minimum Education and Experience Requirements 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 **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.
* The North Carolina Department of Commerce (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.
Commerce uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals.
Hiring salary will be based on relevant qualifications, internal equity and budgetary considerations pertinent to the advertised position.
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.
INCLUDE ALL RELEVANT EDUCATION, WORK EXPERIENCE IN THE DESIGNATED EDUCATION AND WORK HISTORY SECTION ON THE FORMAL APPLICATION.
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.
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.
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.
*IMPORTANT* Application resubmissions or attachment additions can only be made 24-hours after the last application submission or attachment addition.
Please be mindful of the date and time the post closes and allow sufficient time to ensure that your documents have been acknowledged in your applicant inbox before closing your applicant account.
If multiple applicants are submitted to an individual posting, only the most recent application received prior to the posting closing date will be evaluated for consideration.
Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript.
Application with "see attached" or resumes in lieu of completed education and work experience on the formal application will be deemed incomplete and will not be eligible for consideration for the vacancy.
All attachments, unless specifically requested in the vacancy announcement (i.
e.
transcripts, proof of licensure or certification, etc.
), are considered optional and will not be reviewed during initial screening to determine applicant’s eligibility for the vacancy.
Applicants may check the status of their application for a vacancy at any time by logging in to the government jobs system using the above link.
Once the applicant has logged in, the status of each submitted application is documented next to each vacancy for which he/she has applied.
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.
NC Department of Commerce Human Resources Telephone: (984) 302-6421