Public Regulatory Analyst I

Agency Dept of Commerce Division Utilities-Public Staff Job Classification Title Public Utilities Regulatory Analyst I (NS) Position Number 60081097 Grade NC18 About Us The North Carolina Department of Commerce is the state's lead agency for economic, community and workforce development. The department works with local, regional, national and international organizations to fulfill its mission to improve the economic well-being and quality of life for all North Carolinians. The Department connects businesses with the site locations, workforce and infrastructure they need to succeed in one of the nation's top states for business. We also connect local communities with the grants and funding they need to attract new business and ensure future prosperity. Description of Work Are you looking to find meaningful work and positively impact the lives of the residents of North Carolina? If your answer is yes, then we want you to join our team at the Public Staff of the Utilities Commission and make a difference. The Department of Commerce, Division of Public Staff in Utilities Commission, is looking for an Public Utilities Regulatory Analyst I. The primary purpose of this position is to perform complex work activities of the Public Staff Energy Division on cases and projects involving utilities regulated by the North Carolina Utilities Commission. The position specializes in accounting/analyst work examining financial records of utility companies with complex financial structures and accounting systems. Responsibilities include: • Investigating and auditing financial transactions, accounting practices, and rate adjustment filings. • Writing testimony, affidavits, and other documents and preparing supporting schedules regarding adjustments, revenue requirements, appropriate accounting treatment of capital/expense items, establishment and compliance with regulatory conditions, utility tax treatment, affiliate contracts, and other accounting/financial matters. • Compiling, monitoring, auditing, and examining financial and/or program information sources for accuracy, integrity, and conformance to rules and regulations. • Presenting written or oral summaries/testimony/policy positions to internal management, stakeholders, and Commission(s). • Preparing and presenting financial analysis and reports; and conducting cost accounting/financial studies. The position provides an excellent opportunity for motivated individuals who are ready to engage with other service-oriented professionals and contribute. 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, including health insurance, as well as retirement. Incentives of NC State Employment We value our employees and offer a wide variety of competitive and family-friendly. Benefits to include: • 12 Annual Paid Holidays and monthly accrual of vacation and sick leave. • North Carolina State Health Plan administered by Aetna. • Supplemental Benefits including Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental, and Vision. • NC State Retirement (TSERS), 401(k), and 457 savings plans. • WeSave Employee Discounts. • Eligibility for the Public Service Loan Forgiveness Program. Learn more about new hire resources, safety, health, and wellness information, leave options, employee discounts and more by selecting the link below: https://oshr.nc.gov/state-employee-resources/benefits 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/Management Preferences This is a Repost - Current candidates are still being considered and do not need to reapply Recruitment Range: $63,927 - $87,899 Important: This posting closes at 11:59:59 PM the night BEFORE the End Date above Management Preferences - Optional: These skills are not required but managers may choose to interview/select applicants who demonstrate Management Preferences.  Knowledge, Skills and Abilities / Competencies Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP), investor-owned utility accounting practices, or regulatory accounting/financial matters, including the Uniform System of Accounts (USoA). Experience in auditing and examining accounting and financial records and reports of companies (e.g. plant in service, depreciation, taxes, operations and maintenance expenses, and administrative and general expenses, ROI, general ledger, etc.). Good written and oral communication skills to effectively communicate complex regulatory accounting/financial matters to targeted audience(s). Ability to establish and maintain cooperative and effective relationships with fellow employees, regulators, utility representatives, other state and federal officials, and utility customers. Education and Experience Requirements APPLICANTS MUST MEET THE EDUCATIONAL AND EXPERIENCE REQUIREMENT IN ORDER TO QUALIFY FOR THIS POSITION.  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 the  OSHR Guide  for details. Bachelor’s degree in accounting, banking, finance, business administration, public administration, economics, or related discipline from an accredited institution and one year o