The Oregon Public Utility Commission (PUC) is responsible for regulating investor-owned utilities, privately-owned water companies, and the telephone industry. PUC's mission is to ensure that safe and reliable utility services are provided to customers at just and reasonable rates while fostering the use of competitive markets to achieve these objectives.
PUC is seeking a highly qualified candidate to fill one full-time vacancy in the Utility Program, Telecommunications and Water Division, Retail Telecom and Water Regulation Section.
Utility and Energy Analyst 2, Financial Analyst
The primary purpose of this position is to provide auditing, financial, and accounting-oriented analytical expertise in water and wastewater utility regulation and ratemaking. This position, independently or in conjunction with other staff investigates, analyzes, develops resolutions, and presents recommendations regarding all aspects of financial and service issues related to provision of water and wastewater service. Major duties include:
- Conducts water and wastewater rate cases. Analyzes cost of service, cost allocations, rate base, rate spread, and rate design on the basis of recorded accounting, financial data, economic data, and projected operating and investment costs. Prepares, presents, and defends expert testimony in support of utility policy and rate recommendations;
- Performs pre-rate case technical assistance incorporating computer modeling, interpreting of rules and regulations, reviewing of notices and filings for completeness, and educating utilities and the public in ratemaking processes and methodologies;
- Conducts operational and subject specific audits. Monitors and audits regent activities;
- Performs and assists in investigations of water and wastewater utility matters, including jurisdiction issues and service complaints. Conducts site visits, audits and reviews financial records, gathers relevant documentation, and performs written and oral interviews of customers and utility personnel. Develops resolutions and recommends Commission action;
- Independently conducts research of the Commission's and other state and federal regulatory commissions' orders, statutes, rules, legislative history, and academic research;
- Utilizes independent judgment and research skills to analyze utility applications, i.e., affiliated interest, property or stock sales, financial transactions, termination of service, abandonment, rule waivers, special contracts, automatic cost adjustment, and tariff changes. Prepares informal and formal reports and presentations on findings;
- Assists in maintaining various databases, references, and resources. Monitors and tracts compliance filings, rule waivers, and special contracts;
- Evaluates compliance filings and annual utility reports for compliance with established Commission orders and policies;
- Manages the Water page on the Commission's web site; and conducts revenue forecasts and comparative studies.
A Bachelor's degree in Engineering, Economics, Accounting, or Finance AND
Two years of work experience in engineering, economic analysis, finance, accounting, or auditing.
Five years of work experience in any of the above fields; two of which must have been at the professional level.
A Master's or Doctorate degree may substitute for one year of the work experience.
In addition, we are specifically recruiting for the preferred qualifications below. Applicants who are best able to demonstrate these attributes will be contacted for an interview.
To view the complete job announcement including minimum qualifications, salary information and application instructions please visit our jobs page at: http://www.puc.state.or.us/puc/Pages/jobs/index.aspx, click on 'Jobs at PUC' and view the following announcements:
- Professional level work experience in a utility or regulatory setting.
- Work experience independently gathering, compiling, analyzing, and documenting research materials.
- Work experience with spreadsheets and computer models.
- Work experience reviewing and analyzing business transactions such as property sales, transactions between affiliated interests, and allocation of overhead cost from a parent to a subsidiary.
- Experience reviewing financial reports, accounting records and accounting standards such as GAAP.
- Experience performing subject specific and financial audits concerning regulated operations.
- Experience collecting data and records from sources that may be uncooperative.
- Experience developing written comments and recommendations intended to inform or influence the decision making of a public agency.
Utility and Energy Analyst 2 (Financial Analyst) - PUC13-0009 PUC is an EEO/AA employer.