Utilities Analyst 1

State of West Virginia, West Virginia, Openings : 1, Experience : Not Specified
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Job Description :
Nature of Work

Under direct supervision, at the entry level, performs auditing or analysis work in examining the financial books and records for financial conditions of small, simple utility operations regulated by the Public Service Commission. Assists in conducting economic and financial analysis to make recommendation to the Public Service Commission on the various economic and financial aspects of utility regulation. May be required to travel both in-state and out-of-state. Performs related work as required.

Distinguishing Characteristics:
Incumbents at this level participate in an initial training program and may become more independent and assigned less complex cases however, they still receive direction and supervision and are assigned limited to small utility filings or less complicated projects. Although the Utilities Analyst 1 could be assigned to work on a large utility project, during such assignment, the Utilities Analyst 1 would be part of a team and would be assigned to a limited portion of the work. Utilities Analyst 1s are not expected to complete work plans or identify new issues.

Your eligible score will be based on information provided in your application. Make sure your application is detailed and complete. You may attach a resume and other documents however, you should NEVER enter See Resume on the application. You MUST complete ALL parts of the application, including the Work Experience section.

IMPORTANT: This announcement is used to maintain an applicant pool for current and future hiring needs statewide. Your application will remain active for this job announcement for six (6) months . Application for this job does not automatically qualify you for other positions. Be sure to submit your application for each position of interest. To receive an email notice anytime jobs in this or other categories are posted, you may choose to complete a Job Interest Card from the slide-out menu located at the top left of our Job Opportunities page.

Examples of Work
  • Assists in the analysis of the financial condition of utility companies.
  • Assists in the analysis of the management efficiency of utility companies.
  • Assists in the evaluation of the cost of capital and makes recommendation to the Commission on an allowable rate of return both at existing and alternate capital structures.
  • Assists in determining appropriate revenue requirements and rate design for utility companies.
  • Studies the rules and regulations of the Public Service Commission and the procedures manual of the division to become familiar with the functions of the Commission and the procedures of utility auditing.
  • Performs less complex calculations and verifications of the accuracy of monthly financial statements traces income and expense statements back to source documents and other records verifies the classification of various accounting entries.
  • Prepares an audit report under the supervision of a higher level analyst on the financial condition of the utility.
  • Attends rate hearings to become familiar with the examination procedures and may be called to give testimony on utility audits conducted.

Knowledge, Skills and Abilities
  • Knowledge of the principles and practices of accounting and auditing.
  • Knowledge of the principles and techniques of economic and financial analysis.
  • Skill in the use of a personal computer and calculator.
  • Ability to evaluate economic conditions and financial trends.
  • Ability to determine variances in economic and financial data.
  • Ability to present financial and economic data for Public Service Commission hearings.
  • Ability to communicate easily and clearly, in writing and orally.
  • Ability to maintain effective working relationships with others both within the Public Service Commission and outside.
Minimum Qualifications

Training: Graduation from an accredited four-year college or university with a major in business administration, accounting, finance, economics, or mathematics.

Substitution: Full-time or equivalent part-time paid experience in utility financial analysis at the professional level, accounting or auditing may substitute on a year-for-year basis.

NOTICE: If you are claiming college or other post-high school education or license, you MUST attach or provide by mail a legible copy of your OFFICIAL education transcript, license or training record. YOU WILL NOT BE CONSIDERED FOR EMPLOYMENT UNTIL THIS VERIFICATION HAS BEEN RECEIVED. To avoid missing a job opportunity, it is important that you provide this verification as soon as possible. You only have to provide this verification one time. It is not required with every application. Attach documents to the online application, or via email to: applicantservices@wv.gov, FAX: 304-957-0396, or mail to: Division of Personnel, Building 3, Suite 500, 1900 Kanawha Blvd. E., Charleston, WV 25305.
Last Date For Apply: 2022-04-20 12:04:37 Job Type : Full Time, Employment Type : PermanentApply Here