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Job Description

What you will be doing:
In addition to supervising, scheduling and coordinating the work of the Finance Section, the UFA 4 conducts detailed technical analysis of utility and pipeline rate filings of the highest complexity, including financial audits of revenue requirement, cost of service, and rate design studies, as well as related testimony and proposed tariff revisions. This position verifies the mathematical accuracy and reasonableness of proposed rates by applying appropriate auditing techniques and generally accepted ratemaking principles, determining the elements of revenue requirements, including verification and normalization of operating expenses, rate base, allowance for taxes, and establishing the appropriate return on rate base or application of the times interest earned ratio (TIER).

The UFA 4 prepares highly detailed, well-supported recommendations to the Commission for presentation both in writing and orally, in public and adjudicatory settings. This position uses database applications to perform research, and spreadsheet/word processing applications to develop and review calculations and prepare written reports. The UFA 4 works with utility representatives and other Commission staff to ensure proposed rates are accurate and aligned with applicable authority, the Commissioners are well-informed, and Commission rulings are executed within statutory timelines..

Our organization, mission, and culture:
The Commission is charged with ensuring safe, efficient, and reliable utility and pipeline services are provided to Alaskans at just and reasonable rates. The availability of utility services, and the rates, rules, terms and conditions of those services are governed by statute and regulation and enforced by the Commission. Five full-time commissioners are appointed by the Governor and confirmed by the Alaska State Legislature, overseeing a team of analysts, administrative law judges, consumer protection officers and support staff.

The Commission regulates a broad range of utility services including electric, natural gas, natural gas storage, steam heat, pipeline, refuse, sewer, telecommunications, and water services, overseeing regulated entities through certification, regulation of rates and services, tariff review, dispute resolution, and consumer protection services. The Commission also calculates amounts for the power cost equalization (PCE) program and serves as an information resource for the executive and legislative branches of government.

We are interested in candidates who possess some or all of the following position specific competencies:

Supervisory: Demonstrated experience supervising, scheduling and coordinating the work of others including providing training, overseeing and reviewing work product, monitoring progress and evaluating performance, and serving as liaison between upper management and staff.
Industry: Demonstrated experience with utility/pipeline carrier rate filings, including revenue requirement, cost of service, and rate design studies, as well as related testimony and proposed tariff revisions; working knowledge of utility/pipeline carrier regulation and issues and the operating practices of the utility industry; ability to understand, interpret, and apply Alaska regulatory statutes and regulations.
Mathematical: Demonstrated experience with utility/pipeline carrier rate development using generally accepted ratemaking principles, determining the elements of revenue requirements, including verification and normalization of operating expenses, rate base, allowance for taxes, and establishing the appropriate return on rate base or application of the times interest earned ratio (TIER).
Financial Analysis: Knowledge of the principles, methods, and techniques of financial analysis and auditing, forecasting, and modeling to interpret quantitative and qualitative data; includes data modeling, earned value management, and evaluating key financial indicators, trends, and historical data.
Writing: Demonstrated ability to use correct English grammar, punctuation, and spelling to produce written information, which may include technical material, for different audiences; ability to write clearly, concisely, and effectively develop conclusions and provide recommendations.
Presentation: Demonstrated experience preparing complex technical reports and delivering oral presentations, making recommendations and fielding questions.
Due to the recent recruitment hiring freeze, only positions necessary to protect the health and safety of Alaskans and that meet essential State responsibilities will be filled.
Minimum Qualifications
Any combination of education and/or experience that provides the applicant with competencies in


Accounting: Knowledge of traditional accounting practices including accrual, obligations, and costs methods.
Decisiveness: Makes well-informed, effective, and timely decisions, even when data are limited or solutions produce unpleasant consequences; perceives the impact and implications of decisions.
Planning and Evaluating: Organizes work, sets priorities, and determines resource requirements; determines short- or long-term goals and strategies to achieve them; coordinates with other organizations or parts of the organization to accomplish goals; monitors progress and evaluates outcomes.
Political Savvy: Identifies the internal and external politics that impact the work of the organization. Perceives organizational and political reality and acts accordingly.
Technical Credibility: Understands and appropriately applies principles, procedures, requirements, regulations, and policies related to specialized expertise.

Please apply via NeoGov at https://www.governmentjobs.com/careers/alaska/jobs/5063778/utility-financial-analyst-4-pcn-086005.