Utilities Analyst 1
Utilities Analyst 1 - Public Service Commission
Job Type
Full-Time Permanent
Job Number
PSC2500011 PSA
Department
Public Service Commission
Opening Date
05/27/2025
Closing Date
6/11/2025 11:59 PM Eastern
This position is entry-level and, under more direct supervision, will aid higher level utility analysts, training in the following job duties: assignments requiring the analyst to be in full charge of audits of small to medium sized utilities. Assignments will also include audits of large utility companies where overall supervision of the audit may be under the control of a supervisor. Even in the case of large utility audits, the applicant will learn to perform the audit with minimum supervision after an audit program is developed by the applicant and approved by the supervisor. May be required to travel both in state and out-of-state. The applicant must have thorough knowledge of generally accepted accounting principles, techniques of economic and financial analyses and FASB procedures and statements. Ability to research FASB statements and drafts is required. Ability to research state and federal tax laws is required. The applicant must be familiar with preparation of audit programs and formulation of work plans. The applicant will be expected to have demonstrated knowledge, skills and experience to perform the following types of work assignments: Review utility formal case filings and utility financial statements; analyze the financial condition of utilities including such areas as capitalization ratios, cash flow, financing needs and plans and pro forma income statements; prepare work plans and/or audit programs to guide case review and/or audit steps and procedures; perform a field or desk audit of the utilities financial books and records; review and report on internal controls, compliance with accounting principles, compliance with the system of accounts and compliance with PSC rules and prior orders; conduct analysis of the management efficiency; write all or part of an audit report presenting an analysis of the utilities financial condition and/or financial issues to be considered by the Commission; make recommendation regarding the overall revenue requirements for a utility; make recommendations on the proper rate schedule(s) to recover recommended revenue requirements; perform desk or memorandum reviews of utility rate change requests not requiring a field audit; assist staff attorneys in becoming familiar with the accounting aspects of the case and in establishing methods of examination and cross-examination as part of the staff exhibit in the rate hearing; testify in the rate hearing before the Public Service Commission on the method and scope of the audit, on any adjustments made to the financial records of the utility and on the financial condition of the utility; assist the Legal Division in designing rates mandated by the Commission decision in the rate hearing; answer routine correspondence from utility customers on utility costs, municipal surcharges, fuel adjustment charges, etc.; perform related duties as required.
Click The APPLY Link To Apply Online.
IMPORTANT: Your eligibility will be based on information provided in your resume or application; therefore, make sure your resume or application is detailed and complete. You MUST complete ALL parts of the application OR upload a resume to your submission.
ATTENTION: Applicant must verify post high school education by submitting an official transcript or diploma, training or licensure earned pertaining to this position by the closing date of the posting, if not previously verified. If you are claiming Veterans preference, please submit "MEMBER 4" form and/or your VA Letter. Protecting your personal information is our highest priority. If your official transcript, training/licensure, or Veterans documentation contains your Social Security Number and/or birthdate, please redact that information before submitting it to the Division of Personnel.
Please attach documents to the online application before submitting it. Or, you may email it to: applicantservices@wv.gov or by mail to: WV Division of Personnel, 1900 Kanawha Blvd. E., Building 3, Suite 500, Charleston, WV 25305.
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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.
***Your complete work history is needed to qualify you for positions. Please be as detailed as possible and list all of your past employment.***
Other Information
Preference will be given to individuals who meet at least one of the following criteria:
Accounting Training:
Certified Public Accountant (CPA),
Master’s degree in accounting,
Bachelor’s degree with a major in accounting, or
Bachelor’s degree that includes at least 24 semester hours in accounting.
OR
Relevant Professional Experience:
Experience with a public utility,
Experience at a utility regulatory agency, or
Experience at a public accounting firm in the areas of utility ratemaking or financial statement auditing.
PSC salary exemption per West Virginia Code §24-1-1
***The Public Service Commission has established a salary range of $50,783 to $82,776 for this classification.