Public Regulatory Analyst I

Agency

Dept of Commerce

Division

Utilities-Public Staff

Job Classification Title

Public Utilities Regulatory Analyst I (NS)

Position Number

60081047

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 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: 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

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

About the Public Staff

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 Public Staff shall intervene on behalf of the using and consuming public in all Commission proceedings affecting rates or service.

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.

About the Department of Commerce 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.

NC Department of Commerce uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals.

The Minimum Education and Experience (E&E) is REQUIRED to qualify for this position. All work history and education (including accurate dates of employment/attendance) must be documented on the application. Transcripts may be attached to supplement education and work experience may include internships, volunteerism, and full and part-time work.

Supplemental Questions are also a required part of the application: answers must reference education or work experience listed on the application.

"Resumes may be attached as a supplement to the application but are not a substitution for a complete application."

We are committed to reviewing requests for reasonable accommodation at any time during the hiring process and throughout employment. Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax by the vacancy closing date.

Applicants seeking Veteran's Preference must attach a DD-214 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.

Our Agency uses the OSHR Recruiting and Posting of Vacancies Policy to fill positions subject to the State Human Resources Act with the most qualified individuals. All applicants must complete and submit a state application for employment.