Posting End Date: September 27, 2024
Position Information
Class Code: N043N
Grade: GS14
FLSA Status: EXEMPT
Salary Range: $86,887.00 - $138,585.00
Summary
The Public Service Commission (PSC) Director of Financial Analysis is responsible for overseeing capital recovery and cost of capital for all utilities - electric, gas, water, and telephone for the Public Service Commission. This position is governed by state and federal laws and agency policy.
Functions
- Establishes, implements, and evaluates agency goals, objectives, policies, procedures, and short and long-range plans.
- Serves as project manager on cross-sectional, multi-disciplinary teams.
- Provides training and direction to Financial Analysis Section experts regarding utility cost of capital, nuclear decommissioning, and capital recovery concepts and principles.
- Analyzes and interprets accounting, financial, and economic information, identifying and analyzing potential regulatory issues.
- Evaluates the relative merits of alternative courses of action.
- Coordinates issue development with cross-sectional teams.
- Develops written testimony, exhibits, and reports; and valid research and supporting documentation.
- Identifies policy implications and provides strategic and conceptual ratemaking perspective on major issues.
- Performs administrative duties by drafting or reviewing drafts of legislation and policy, preparing reports, and responding to requests for administrative information from state agencies.
- Responds to requests for information from the media, government officials, utilities, and the public.
- Supervises subordinates including interviewing, hiring, training, evaluating performance, and terminating personnel.
- Performs other duties as assigned.
Dimensions
None
Knowledge, Skills, and Abilities
- Knowledge of accounting, financial, statistical, and economic principles, models, techniques, and practices.
- Knowledge of theory and basis for utility regulation and ratemaking.
- Knowledge of cost of capital recovery concepts and principles.
- Knowledge of laws, rules, regulations, and commission precedent related to utility industries.
- Knowledge of emerging accounting, financial, economic, technological, legislative, judicial, and regulatory issues and trends affecting electric, gas, water, and telephone utility industries.
- Knowledge of operations of electric, gas, water, and telephone utilities.
- Knowledge of research, analysis, and investigatory techniques.
- Knowledge of supervisory practices and procedures.
- Ability to interpret and apply rules, laws, and policies affecting public utilities to specific situations.
- Ability to plan and coordinate work within the Financial Analysis Section and meet the objectives of cross-sectional, multi-disciplinary teams.
- Ability to provide leadership in setting agency goals and objectives.
- Ability to research policy issues and trends affecting public utilities, analyze their impact on utility rates and regulations, and propose new/revised policy.
Minimum Qualifications
The formal education equivalent of a bachelor's degree in accounting; plus five years of experience in analyzing utility industry accounting, financial, economic, and operational information, including three years in a supervisory capacity. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.
Licenses
None
Preferred Qualifications
A CPA, CFA, or Master level business degree (or higher) and/or Certified Rate of Return Analyst designation is preferred.
The State of Arkansas is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, citizenship, national origin, genetic information, military or veteran status, or any other status or characteristic protected by law.
#J-18808-Ljbffr
