
Utilities Examiner 2(Hybrid)
Connecticut Department Of Administrative Services
The Role
Overview
Analyzes utility financial statements, audits, and provides expertise in regulatory proceedings.
Key Responsibilities
- financial analysis
- auditing
- tool development
- data management
- model specification
- regulatory oversight
Tasks
-Stay connected! Log in daily to your JobAps Personal Status Board to track your status and check email (including spam/junk folders) for updates and tasks. -In the Department of Transportation this class is accountable for independently performing a full range of tasks in the analysis, interpretation and evaluation of the most complex public transit companies’ financial statements and reports. -Examines and audits books and records of utilities subject to regulation; -Performs most complex duties in analyzing, interpreting and evaluating financial statements and technical exhibits submitted by utilities in rate and other proceedings; -Designs and reviews annual reports of utilities; -May serve as an expert witness; -Represents agency at formal hearings; -Develops and maintains financial and statistical files concerning various utilities subject to regulation; -Conducts cross examination of witnesses on financial exhibits submitted in rate and other proceedings; -Designs and installs new internal accounting analysis tools and revises established systems; -In the Department of Energy and Environmental Protection and Office of Consumer Counsel this class is accountable for independently performing a full range of tasks in the analysis, interpretation and evaluation of the most complex utility companies' financial statements and statistical exhibits. -May supervise, schedule, assign, oversee and review work of employees of lower grade. -Write summaries of accounting and financial information for explanatory materials; -The selected candidate will play a crucial role providing financial, technical and accounting expertise and oversight in a wide range of proceedings before the Public Utilities Regulatory Authority, the Federal Energy & Regulatory Commission, the Connecticut Siting Council, and potentially other forums to conduct investigations and audits into the regulated electric, gas, and water utilities, and telecommunications companies as well as third-party suppliers, and other energy providers. -Policy development on issues relating to electricity, natural gas, and water; and -Evaluates propriety of proposed security issuances by Connecticut utilities in light of current securities markets and appropriate utility capital structures; -Develops specifications for computerized financial and accounting models;
Requirements
- cpa
- mba
- gaap
- excel
- project management
- communication
What You Bring
-Referral Questions: This posting may require completion of additional Referral Questions (RQs), which must be completed by the questionnaire’s expiration date. If requested, RQs can be accessed via an email sent to you after the job close date or by visiting your JobAps Personal Status Board (Certification Questionnaires section). -May independently conduct complex examination and analysis; -Knowledge of -Experience interpreting technical, financial, or legal documents and communicating information to non-technical stakeholders; -Working experience or extensive coursework in utility regulation or energy policy; -oral and written communication skills; -Certification in any one of the following may be substituted for one (1) additional year of experience: Certified Public Accountant; Certified Internal Auditor. -Energy efficiency and demand response; -Educational Credits: List your earned credits and degrees from accredited institutions accurately on your application. To receive educational credits towards qualification, the institution must be accredited. If the institution of higher learning is located outside of the U.S., you are responsible for providing documentation from a recognized USA accrediting service which specializes in determining foreign education equivalencies to the contact listed below. -Experience or coursework in forensic accounting; -A bachelor’s degree in accounting, finance, business administration, business analytics, or economics; -Ability to utilize computer software; -Experience in financial statement analysis; -Experience conducting quantitative analysis; -Utility service quality and storm response; -Supervisory ability. -Experience writing technical reports, white papers, position papers, policy papers, regulatory documents, or academic articles for a general audience that provide conclusions or recommendations supported by documented evidence; -The applicant will be part of the agency’s technical staff that is comprised of motivated, highly skilled people trained in a variety of technical fields such as accounting, finance, economics and rate design, as well as work with attorneys with backgrounds in energy and utility law, and will participate in utility proceedings in the electric, gas, water, telecom, and cable industries. -An MBA, CPA, CFA, or other relevant advanced degree or certification; -Experience working independently to prepare and issue reports; -interpersonal skills; -relevant state and federal laws, statutes and regulations; -Considerable knowledge of accounting and auditing principles and practices; -Experience researching, analyzing, or auditing companies; -Incumbents in this class may be required to possess and retain a valid Motor Vehicle Operator’s license. -Experience with project management, working on two or more projects simultaneously, while adhering to deadlines; and -OCC is seeking an applicant with accounting or finance experience and interest in evaluating rate increase applications and capital and infrastructure planning of electric, gas and water regulated entities, as well as evaluating the financial and accounting aspects of performance-based-regulation (PBR) initiatives in Connecticut. -Experience applying Generally Accepted Accounting Principles (GAAP); -College training in accounting may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor's degree. -Experience using Microsoft Excel and creating graphs and charts from excel data. -Experience with public utility finance or accounting principles; -Incumbents in this class may be required to travel. -Considerable ability to analyze and evaluate financial statements, accounting forms and accounting methods and procedures; -A Master's degree in business, accounting or finance may be substituted for one (1) additional year of the General Experience.
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Benefits
-Electric vehicles and energy storage; -Professional growth and development opportunities -The State of Connecticut is an eligible Public Service Loan Forgiveness employer, meaning you may be eligible to have qualifying student loans forgiven after 10 years of service. Click here for more information -This position is full-time, following a first shift schedule, 40 hours per week, Monday - Friday, 8:00 AM - 5:00 PM, offers a hybrid (telework/office) work schedule. -A healthy work/life balance to all employees
The Company
About Connecticut Department Of Administrative Services
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Sector Specialisms
Human Resources
Information Technology
Fleet Vehicle Services
Building and Construction
Procurement
Grants Administration
