Public Utilities Regulatory Analyst I

Public Utilities Regulatory Analyst I Location Wake County, NC :

Description of Work THIS IS A REPOST *PREVIOUS APPLICANTS MUST REAPPLY TO BE CONSIDERED* Salary Grade: NC18 Recruitment Range: $59,752 - $95,000 This announcement is for two (2) positions: 60077219 and 60077254 Applicants will be considered for both positions. The North Carolina Utilities Commission is an independent agency of the State of North Carolina created by the General Assembly to regulate the rates and services of all investor-owned public utilities in North Carolina, including electric companies, natural gas distribution companies, water and wastewater companies, passenger carriers by ferry boat, carriers of household goods, and other companies engaged in providing miscellaneous utility services. It is the Commission's responsibility to ensure that North Carolina customers have access to safe, reliable, and affordable utility service. In carrying out its charge, the Commission employs professional staff, which is organized into the Operations Division and the Legal Division. This position is within the Operations Division and works collaboratively with other members of the Operations Division, including financial professionals such as CPAs, MBAs and economists. This position also works closely with members of the Legal Division, which consists primarily of attorneys and paralegals. This position, which is within the Operations Division of the NCUC, requires knowledge in several academic and professional disciplines, such as accounting, finance, business administration, economics, statistics, engineering, and environmental sciences, as well as working knowledge of or experience with public utility operations. This position requires under direct supervision: the ability to comprehend and apply the legal and regulatory frameworks within which public utilities in North Carolina operate; the ability to review, analyze, weigh and critique complex evidence presented to the NCUC in the form of expert witness testimony, data, and reports; the ability to develop a recommendation for action by the NCUC based on application of knowledge and experience to the evidence, within the applicable legal and regulatory frameworks; the ability to present the recommendation to the Commissioners, in written and oral presentation; and the ability to defend the recommendation under critical review. This unique combination of knowledge and/or experience is required to advise and serve the NCUC effectively. Finally, the position requires meticulous attention to detail, the ability to manage time and priorities, and the ability to work with others across professional disciplines The regulation of public utilities is a highly dynamic and complex field that involves law, public policy, economics, accounting, and finance and impacts the lives of all North Carolinians. The professionals who work at the Commission are engaged in emerging issues of critical importance to the State and its citizens, including the provision of affordable and reliable utility service, the integration of renewable energy resources into the electric system, and the increasing challenges associated with utility infrastructure and service, such as cybersecurity risk and extreme weather impacts. This position provides an excellent opportunity for a motivated individual who is ready to engage with other service-oriented professionals and contribute to the work of the Commission. This is a full-time position (40 hours per week) with State Benefits. This position qualifies for teleworking on a part-time basis as part of the Department of Commerce Teleworking Program. Any teleworking will be under the conditions of the Commerce Teleworking Program Policy, and the employer may end any teleworking arrangement at any time at the employer's sole discretion. Note to Current State Em p lo y ees 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 / Competencies

In order to receive credit for the supplemental questions in which you answered yes, you must provide supporting information within the bod y of the app lication , to support your answer. Your application should also reflect all education and all professional work experience acquired including high school and all degrees. It is critical to our screening and salary determination process that applications contain comprehensive candidate information. This position requires a highly motivated and diligent individual with high degrees of initiative, integrity, and attention to detail who can function efficiently and effectively individually and as a member of a team. The individual in this position must also possess the following specific knowledge, skills, and abilities:

• Thorough knowledge of Generally Accepted Accounting Principles (GAAP)
• Demonstrated knowledge or ability to acquire knowledge of investor-owned utility's accounting practices and related regulatory accounting rules and regulations, including Uniform System of Accounts
• Demonstrated experience examining or preparing financial accounting records (general ledger journal entries; fixed asset accounting, including calculation of depreciation; payroll; debt and equity financing; etc.) of regulated utilities or publicly traded companies
• Demonstrated experience analyzing financial statements and audit reports
• Demonstrated experience researching, analyzing, and evaluating accounting issues and/or policy issues related to public utilities.
• Demonstrated ability to function effectively in an inherently highly demanding work environment.
• The ability to defend analyses, opinions, and recommendations relating to the variety of complex issues that routinely come before the Commission in the context of adversarial proceedings.
• Strong writing, communication, time management and organizational skills.

Minimum Education and Experience Requirements

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 oshr.nc.gov/experience-guide for detail. 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.

• If there are no qualified candidates remaining in the applicant pool who meet the minimum Education and Experience or Knowledge, Skills and Abilities required for the position, the agency may consider for this position, a trainee who does not meet the minimum requirements. Salary for a trainee may be set at a lower level than the classification salary range and recruitment range that is listed in the posting with the salary being adjusted up accordingly when the trainee has obtained the necessary additional education and experience to fully meet the minimum qualifications as outlined in the classification specification.

Supplemental and Contact Information

**If you have student loans, becoming a state employee includes eligibility for the Public Service Loan Forgiveness Program. Visit to learn more.* For consideration for this vacancy, all applicants must complete an on-line application using this link, If multiple applications are submitted to an individual posting, only the most recent application received prior to the posting close date will be evaluated for the consideration. Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript. INCLUDE ALL RELEVANT EDUCATION, WORK EXPERIENCE IN THE DESIGNATED EDUCATION AND WORK HISTORY SECTION ON THE FORMAL APPLICATION. The North Carolina Department of Commerce (Commerce) is an Equal Opportunity Employer who embraces an Employment First philosophy which consists of complying with all federal laws, state laws and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job. Commerce uses the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity and budgetary considerations pertinent to the advertised position. It is critical to our screening and salary determination process that applications contain comprehensive information. Information should be provided in the appropriate areas to include the beginning and ending dates of jobs worked, education with the date graduated, all work experience, and certificates/licenses. Resumes will not be accepted in lieu of completing this application. Answers to Supplemental Questions must refer to education or work experience listed on this application to receive credit. Degrees must be received from appropriately accredited institutions.

• Applicants seeking Veteran's Preference must attach a DD-214 Member-4 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.
• If applicants earned college credit hours but did not complete a degree program, they must attach an unofficial transcript to each application to receive credit for this education.

Due to the volume of applications received, we are unable to provide information regarding the status of your application over the phone. To check the status of your application, please log in to your account and click "Application Status." If you are selected for an interview, you will be contacted by management. If you are no longer under consideration, you will receive an email notification. For technical issues with your application, please call the GovernmentJobs.com Applicant Support Help Line at 855.524.5627. North Carolina Department of Commerce Human Resources Telephone: (984) 302-6421