Public Regulatory Analyst I

About the role

• Agency
• Dept of Commerce
• Division
• Utilities-Public Staff
• Job Classification Title
• Public Utilities Regulatory Analyst I (NS)
• Position Number
• 60081047
• Grade
• NC18

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 work activities of the Public Staff Water, Sewer and Telecom Division on cases and projects involving utilities regulated by the North Carolina Utilities Commission.

This position is responsible for investigating and auditing the financial transactions, accounting practices, and rate adjustment filings of regulated public utilities; compiling, monitoring, auditing, and examining financial and/or program information sources for accuracy, integrity, and conformance to rules and regulations, preparing complex financial analysis and reports.

This position is responsible for written and oral recommendations to the Utilities Commission, including testimony, affidavits, reports, comments, and other documents as well as supporting schedules for the written communications 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.

An assessment will be administered

This position DOES require testifying before the Utilities Commission regarding all work performed on a given case.

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:

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

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 and regulatory accounting matters, including the Uniform System of Accounts and FERC Chart of Accounts.
• Experience in auditing and examining accounting and financial records and reports of public utilities (e.g. plant in service, depreciation, taxes, operation and maintenance expenses, administrative and general expenses, ROI, general ledger, etc.) and identifying and researching and reviewing policy, procedures, and regulations for resolution.
• Experience identifying changing requirements and aberrations regarding account structures/reports, and/or accounting systems and identifying, researching, and reviewing of policy, procedures, and regulations for Public Staff positions, problem resolutions, and/or program requirements.
• Ability to establish and maintain cooperative and effective relationship with fellow employees, regulators, utility representatives, other state and federal officials, and utility ratepayers.
• Excellent written and oral communication skills to effectively communicate complex regulatory accounting matters to the Commission and third parties.

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 of directly related experience;
• Or;
• An equivalent combination of education and experience.
• Supplemental and Contact Information

The Public Staff will also

• Petition the Commission to initiate proceedings when in the public interest.
• Intervene in all certificate applications and assist the Commission in analysis.
• Make recommendations to the Commission with respect to standards, regulations, or practices.
• Investigate formal and informal complaints affecting the using and consuming public.
• Intervene in all proceedings for franchise transfers, mergers, and consolidations of public utilities.
• Review, investigate, and recommend action to the Commission regarding affiliate contracts.

Please Note

It is critical to our screening and salary determination process that applications contain comprehensive information. Please make sure you complete the application in full. Information should be provided in the appropriate areas to include all work experience, the beginning and ending dates of jobs worked, education with the graduation date, and certificates/licenses. Any information omitted from the application cannot be considered in screening for qualifying credit. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

*INCLUDE ALL RELEVANT EDUCATION AND WORK EXPERIENCE IN THE DESIGNATED EDUCATION AND WORK HISTORY SECTION ON THE FORMAL APPLICATION*

Attached or incorporated resumes (including Text resumes on the application form) WILL NOT be accepted in lieu of completing this application and WILL NOT be used for screening for qualifying credit. " See Resume " or " See Attachment " within the fillable application sections WILL NOT be accepted and will be considered an incomplete application and will not be processed.

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. To receive credit for your work history and credentials, you must list the information on the application form. For additional information about applications and processes with the state of NC, please visit: How Do I Get the Job.

Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript. 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.

Re-Entry for Formerly Incarcerated Individuals

Our Agency supports the Governor's Executive Order 303 which seeks to re-employ individuals that were previously incarcerated. Formerly incarcerated individuals are invited to apply for any vacant Commerce position(s) in which they believe they are qualified.

By providing the requested information, you certify that you have given true, accurate and complete information on this attachment to the best of your knowledge. In the event confirmation is needed in connection with your work, you authorize educational institutions, associations, registration and licensing boards, and others to furnish whatever detail is available concerning your qualifications.

You authorize investigation of all statements made in this application and understand that false information or documentation, or a failure to disclose relevant information may be grounds for rejection of your application, disciplinary action or dismissal if you are employed, and(or) criminal action.

You further understand that dismissal upon employment shall be mandatory if fraudulent disclosures are given to meet position qualifications (Authority: GS 126-30, GS 14- 122.1).

Minimum Education and Experience

• 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 Education and Experience Equivalency Guide for details.