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Regulatory Accountant

2 months ago

Austin, Texas, United States PUBLIC UTILITY COMMISSION OF TEXAS Full time

About Us

The Public Utility Commission of Texas is a regulatory agency responsible for overseeing the state's electric, telecommunication, and water and sewer utilities. Our mission is to protect customers, foster competition, and promote high-quality utility infrastructure.

Job Summary

We are seeking a highly skilled Regulatory Accountant to join our team. The successful candidate will have a strong background in accounting and finance, with experience in utility accounting or finance, or public accounting. The ideal candidate will have a desire to work in the utility regulatory industry and be willing to expand their knowledge, skills, and experience performing routine to highly complex accounting work.

Key Responsibilities

  • Analyze utility reports, accounting records, contracts, and other pertinent information for compliance with accounting standards, state laws, and Commission regulations.
  • Prepare written recommendations with attention to mathematical accuracy of financial calculations, wording precision, and correct grammar usage.
  • Work with the Rate Regulation Division to evaluate the legitimacy and reasonableness of a utility company's expense levels and develop estimates of an appropriate rate of return on the utility company's capital investment.

Requirements

  • Graduation from an accredited four-year college or university with major coursework in accounting, finance, or economics.
  • Minimum of one year of experience in utility accounting or finance, or public accounting for Financial Examiner III and above.
  • Active Certified Public Accountant license for Financial Examiner V.

Preferred Qualifications

  • Licensed Certified Public Accountant (CPA) or Certified Management Accountant (CMA).

What We Offer

  • A competitive salary commensurate with qualifications.
  • A comprehensive benefits package, including health, dental, and vision insurance.
  • A 401(k) retirement plan with employer match.
  • Opportunities for professional growth and development.