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Public Utility Rate Analyst
3 months ago
The Public Service Commission seeks an accounting, financial, or economic professional to join our team and aid our agency in exercising regulatory oversight of some of the largest essential industries within Montana to ensure fair prices, responsible business practices, and reliable services. Together we strive to meet our agency's goal of providing extraordinary service to the citizens of Montana.
Primary Duties:
- Develops accounting, finance, and business management methods for evaluating and regulating a wide range of public utility matters, including emerging technology.
- Provides advice and recommendations regarding accounting, financial, technical, operational, and policy issues related to the regulation of public utilities.
- Analyzes and evaluates utility rate applications and other regulatory filings, and issues financial, accounting, and business perspectives to determine the reasonableness of revenue requests, capital structures, rates of return, depreciation rates, expense items, rate designs and other proposals.
- Examines rate increase requests and other filings for compliance with utility accounting standards established by the Federal Energy Regulatory Commission ("FERC") and Generally Accepted Accounting Principles ("GAAP").
- Assists in the discovery process as appropriate in contested case proceedings.
- Prepares questions and information for the cross-examination of utility and intervener witnesses for rate hearings.
- Audits utility financial records and information.
- Prepares documents that summarize testimony and issues that may be examined during public hearings; analyzes record evidence; formulates conclusions and recommendations on ratemaking and policy issues; presents the conclusions and recommendations in writing and verbally at Commission business meetings and work sessions.
- Prepares reports to support analysis and assists in preparing Commission orders and notices.
- Assists in the ongoing process of reviewing agency regulations and, when appropriate, implementing revised or new regulations.
- Assesses the regulatory impacts of draft legislation and as directed by the Commission, represents the Commission in outside proceedings. Special Information: Please know this Public Utility Rate Analyst's work does not involve governmental accounting duties such as recording agency financial transactions, managing agency fiscal programs, or agency budgeting. The work involves a combination of external entity auditing, financial, cost, and tax accounting and allows for critical thinking for solutions to complex issues. Required Application Materials:
A completed Montana state application.
A cover letter describing how your professional career, experience, and education prepared you to meet the requirements of this position.
A resume detailing relevant work experience including employer, dates of employment (month & year-start & end), and reason for leaving.
A writing sample demonstrating your ability to communicate technical subject matter information clearly and professionally.
All applicants selected for interviews will be required to submit educational certificates.Minimum Qualifications:
A bachelor's degree in accounting, finance, or economics and two years of job-related experience. Consideration will be given to candidates with other college degrees if significant accounting, finance, or economic course-work or analytical skills are demonstrated. Candidates without an accounting, finance, or economics degree may be offered an educational agreement or on-the-job training assignment to acquire desired skills with the agency's financial support.
A master's degree or CPA is preferred.