Utility Financial Analyst 3 (PCN 086026)

The Regulatory Commission of Alaska is recruiting for a Utility Financial Analyst 3 position located in Anchorage!

The Utility Financial Analyst 3 (UFA 3) conducts detailed technical analysis of utility and pipeline carrier rate filings of the highest complexity including financial audits of revenue requirement cost of service and rate design studies as well as related testimony and proposed tariff revisions. This position verifies the mathematical accuracy and reasonableness of proposed rates by applying appropriate auditing techniques and generally accepted ratemaking principles determining the elements of revenue requirements including verification and normalization of operating expenses rate base allowance for taxes and establishing the appropriate return on rate base or application of the times interest earned ratio (TIER).

The UFA 3 prepares highly detailed well-supported recommendations to the Commission for presentation both in writing and orally in public and adjudicatory settings. This position uses database applications to perform research and spreadsheet/word processing applications to develop and review calculations and prepare written reports. The UFA 3 works with utility representatives and other Commission staff to ensure proposed rates are accurate and aligned with applicable authority the Commissioners are well-informed and Commission rulings are executed within statutory timelines.

The Commission offers a competitive employment package including excellent benefits and flexible leave a hybrid working environment opportunities for professional growth and development and the potential for advancement. As a member of the Advisory Section the UFA 3 is part of a cohesive team of analysts specializing in finance engineering tariffs and common carrier matters working together to achieve a common goal for the benefit of Alaskans.

Collaboration is key to the success of the agency including our reliable and consistent support staff. The new UFA 3 will receive hands-on internal training coaching and support throughout the process as well as opportunities for outside specialized training at both the state and national levels.

The working conditions you can expect:

The Commission is located in the heart of beautiful downtown Anchorage. The daily work environment is busy and productive with varying timelines to be managed. The UFA 3 works directly with utility representatives and other staff to ensure timely processing of rate filings. Staff presents recommendations and fields questions from Commissioners during confidential adjudications public tariff action meetings or other public meetings. Most of the work is performed using spreadsheet word processing email and case management software.

We are interested in candidates who possess some or all of the following position specific competencies:

• Industry: Demonstrated experience with utility/pipeline carrier rate filings including revenue requirement cost of service and rate design studies as well as related testimony and proposed tariff revisions; working knowledge of utility/pipeline carrier regulation and issues and the operating practices of the utility industry; ability to understand interpret and apply Alaska regulatory statutes and regulations.
• Mathematical: Demonstrated experience with utility/pipeline carrier rate development using generally accepted ratemaking principles determining the elements of revenue requirements including verification and normalization of operating expenses rate base allowance for taxes and establishing the appropriate return on rate base or application of the times interest earned ratio (TIER).
• Financial Analysis: Knowledge of the principles methods and techniques of financial analysis and auditing forecasting and modeling to interpret quantitative and qualitative data; includes data modeling earned value management and evaluating key financial indicators trends and historical data.
• Writing: Demonstrated ability to use correct English grammar punctuation and spelling to produce written information which may include technical material for different audiences; ability to write clearly concisely and effectively develop conclusions and provide recommendations.
• Presentation: Demonstrated experience preparing complex technical reports and delivering oral presentations making recommendations and fielding questions.

Any combination of education and/or experience that provides the applicant with competencies in

• Accounting: Knowledge of traditional accounting practices including accrual obligations and costs methods.

• Decision Making: Makes sound well-informed and objective decisions; perceives the impact and implications of decisions; commits to action even in uncertain situations to accomplish organizational goals; causes change.

• Reasoning: Identifies rules principles or relationships that explain facts data or other information; analyzes information and makes correct inferences or draws accurate conclusions.

• Technical Competence: Uses knowledge that is acquired through formal training or extensive on-the-job experience to perform ones job; works with understands and evaluates technical information related to the job; advises others on technical issues.

• Writing: Recognizes or uses correct English grammar punctuation and spelling; communicates information (for example facts ideas or messages) in a brief clear and organized manner; produces written information which may include technical material that is appropriate for the intended audience.

At time of application applicants are required to submit:

• Post-secondary transcripts if using education to meet minimum qualifications.
• At least two (2) originally authored writing samples.

At time of interview applicants are required to submit:

• Copies of your three (3) most recent evaluations; and
• Three (3) professional references who have had supervisory responsibility over you along with their daytime contact phone numbers.

If post-secondary education is required to meet the minimum qualifications you must fill in the Education section of the application. If you have not obtained a degree please indicate the number of units completed. Copies of transcripts are required to verify educational credentials if used to meet the minimum qualifications for a position. Transcripts can be attached at the time of application or provided at the time of interview.

WORK EXPERIENCE

If using work experience not already documented in your application also provide the employer name your job title dates of employment and whether full-or part-time. Applications will be reviewed to determine if the responses are supported and minimum qualifications are clearly met. If they are not the applicant may not advance to the interview and selection phase of the recruitment.

MULTIPLE VACANCIES

This recruitment may be used for more than one (1) vacancy. The applicant pool acquired during this recruitment may be used for future vacancies for up to ninety (90) days after this recruitment closes. Interested applicants are encouraged to apply to each recruitment notice to ensure consideration for all vacancies.

NOTICE

Questions regarding the application process can be directed to the Workplace Alaska hotline at (toll free) or (907) 465- 4095. If you choose to be contacted by email please ensure your email address is correct on your application and that the spam filter will permit email from the domains. For information on allowing emails from the domains visit the Lost Password Help page located at STATEMENT

The State of Alaska complies with Title I of the Americans with Disabilities Act (ADA). Individuals with disabilities who require accommodation auxiliary aides or services or alternative communication formats please call 1- in Juneau or TTY: Alaska Relay 711 or 1- or correspond with the Division of Personnel & Labor Relations at: P. O. Box 110201 Juneau AK 99811-0201. The State of Alaska is an equal opportunity employer.