Accounting Rate Analyst
Accounting Rate Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
The Public Service Commission seeks a regulatory accounting financial or economic professional to aid our agency in exercising oversight of some of the largest essential industries within Montana to ensure fair prices responsible business practices and reliable services for Montana customers who rely upon them. This position offers a unique opportunity to work with an innovative state agency. The successful candidate will join our team of Public Utility Rate Analysts who find the work to be interesting meaningful and critical to our agencys goal of serving the citizens of Montana extraordinarily well.
Duties:
Applies 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 crossexamination 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; and presents 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.
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 & yearstart & end) and reason for leaving.
All applicants selected for interviews will be required to submit educational certificates.
Special Information: Please know this Public Utility Rate Analysts 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.
Benefits Provided:
On the first day of employment employees and eligible dependents receive health coverage with medical dental vision and prescriptions including free health care provided by the Montana Health Care Center. Wellness programs life insurance and retirement plan choices are offered. New employees also receive 15 vacation days 12 sick days and paid holidays including a floating holiday. Flexible schedules and telework are offered when feasible as work/life balance is healthy and encouraged.
Agency:
The Montana Department of Public Service Regulation (DPSR) is a small state agency with a big impact. We are headed by 5 elected commissioners (the Commission) representing every region of beautiful Montana. Commonly referred to as the Public Service Commission (PSC) our agency is staffed by a team of approximately 33 professionals in the Legal Regulatory and Administrative Services Divisions. The PSC is responsible for supervising monopolistic industries within Montana to ensure fair prices responsible business practices and sustainable reliable service for the Montana customers who rely upon them. Regulated industries currently include privately held power natural gas water sewer telecommunications sanitation and certain commercial transportation providers. The PSC also plays a vital role in railway and pipeline safety. The agency has a clear and welldefined strategic plan to enhance our operations work environment and value to the public. Our team includes seasoned leaders with expertise and institutional knowledge coupled with elected commissioners with innovative ideas for the agency.
Employees enjoy a personable work environment. Staff members are encouraged to crosstrain with other positions providing an opportunity for diversified professional experiences and advancement. The PSC provides ample parking in a private parking lot immediately adjacent to our groundfloor office space and the building is conveniently located between two of Helenas least congested thoroughfares making the drive walk or ride to work quick and easy.
The State of Montana has a decentralized human resources (HR) system. Each agency is responsible for its own recruitment and selection. Anyone who needs a reasonable accommodation in the application or hiring process should contact the agencys HR staff identified on the job listing or by dialing the Montana Relay at 711. Montana Job Service Offices also offer services including assistance with submitting an online application.State government does not discriminate based on race color national origin religion sex sexual orientation gender identity or expression pregnancy childbirth or medical conditions related to pregnancy or childbirth age physical or mental disability genetic information marital status creed political beliefs or affiliation veteran status military service retaliation or any other factor not related to merit and qualifications of an employee or applicant.
Competencies:
Knowledge of financial accounting and reporting.
General knowledge of accounting theory principles and practices.
Knowledge of Generally Accepted Accounting Principles (GAAP).
Strong organizational analytical investigative problemsolving and critical thinking abilities.
Strong written and verbal communication skills.
Microsoft Office including proficiency creating and managing spreadsheets.
Flexibility impartiality and attention to detail.
Ability to maintain a strong work ethic and commitment to high standards of professional integrity.
Ability to work independently and with a team.
Ability to build and maintain good interpersonal relationships with work associates and internal and external constituencies.
Ability to interpret and analyze accounting records rules and policies.
Ability to learn and apply utility accounting and ratemaking theory and law stay current with industry events federal regulatory policies laws and PSC policies.
Ability to provide oral and written presentations of complex topics to nonexpert audiences is essential.
Ability to organize workloads in such a manner that assignments are completed on time with minimal supervision.
Ability to publicly present information in front of cameras and audiences.
Minimum Qualifications
A bachelors degree in accounting finance or economics and two years of jobrelated regulatory experience. Consideration will be given to candidates with other college degrees if significant accounting finance or economic coursework or analytical skills are demonstrated. Equivalent combinations of education and experience may be considered.
A CPA license is preferred.
Required Experience:
IC
Employment Type
Full Time
