Public Utility Financial Analyst IV

 

The Kentucky Public Service Commission currently has an opening for a Public Utility Financial Analyst IV. This is a full-time, 37.5 hour per week position. The Commission is located in Frankfort, Kentucky and currently has approximately 85 employees.

The Kentucky Public Service Commission consists of a three member administrative body with quasi-legislative and quasi-judicial duties and powers regulating over 1,500 utilities. The mission of the Kentucky Public Service Commission is to foster the provision of safe and reliable service at a reasonable price to the customers of jurisdictional utilities while providing for the financial stability of those utilities by setting fair and just rates, and supporting their operational competence by overseeing regulated activities.

Responsibilities:

It is the responsibility of Commission Staff to provide recommendations to the Commission on cases that come before it, and draft orders stating and explaining the Commission's decisions.   As a member of the Commission's Financial Analysis Division, you will participate on teams that are comprised of other professionals from the Commission's Legal, Engineering, Consumer Services, or Filings Divisions.  Financial Analysis Staff coordinates, plans, and organizes case work and leads teams on cases involving ratemaking, accounting and other financial areas. Members of staff routinely meet with representatives from utilities, the Office of the Attorney General, public utility consultants, representatives of industry, other agencies within state government, and many others.  The responsibilities of a Public Utilities Financial Analyst are varied, and can be quite complex.  You will be working with an experienced staff and given the opportunity to learn from them. 

Go to the Career Opportunities System (COS) and click 'Search Openings' to view and apply to this vacancy.  Deadline to submit your COS application in order to be eligible for consideration is August 31, 2014.

Minimum or Special Requirements:

EDUCATION: Graduate of a college or university with a bachelor's degree in accounting or a business related field (which includes twenty semester hours or thirty quarter hours in accounting).

EXPERIENCE: Must have five years of professional experience in public utility accounting.

SUBSTITUTION CLAUSE:

      EDUCATION: A master's degree in accounting or a business-related field will substitute for one year of the required
      experience.

      EXPERIENCE: Certification as a Certified Public Accountant will substitute for the required education and one year of the
      required experience.

Preferences:  The successful candidate must have excellent writing and verbal communication skills.  Proficiency in Microsoft Word and Excel is also essential.

Click here to view the complete job specification on the Personnel Cabinet Website.

References:

Kentucky Revised Statutes:

     KRS Chapter 278 Public Service Commission

     http://lrc.ky.gov/statutes/chapter.aspx?id=38583

     KRS Chapter 279 Electric Cooperatives and Telephone Cooperatives

    http://lrc.ky.gov/statutes/chapter.aspx?id=38597

Kentucky Administrative Regulations:

     Title 807 Energy and Environment Cabinet Public Service Commission Chapter 5 Utilities

     807 KAR 5:001 – 807 KAR 5:120

     http://www.lrc.ky.gov/kar/TITLE807.HTM

Location:

 

Kentucky Public Service Commission          
211 Sower Blvd.       
Frankfort, KY 40601

 

 Meet Errol Wagner

ErrolWagner.jpg 

Errol Wagner is the Manager of the Public Service Rates and Tariffs Branch in the Division of Financial Analysis.  Mr. Wagner offers his thoughts about working as a Financial Analyst for the Kentucky Public Service Commission.    

 What is the best part of this job?

This position provides assistance to the Commission to assure the general public has reliable and adequate low cost utility service throughout the Commonwealth. Reliable and adequate low cost utility service is essential to the economic health of the Commonwealth. In this position I also participate in cases involving disputes among the utilities and the utilities' customers, and make recommendations toward resolving those disputes.

Why did you choose this job?

I had previous work experience at a different utility commission and at a utility.  This job also allowed me to continue to broaden my knowledge and understanding of the continually changing utility industry and the challenges those changes bring to effective regulation.  

What do you feel is the most satisfying part of the job?

Each day presents different challenges and opportunities.  While I am able to use the experiences I have gained throughout my professional career, the job constantly presents new and differing challenges that need to be addressed.

 Can you describe a "typical day"?

A typical day would include reviewing case filings and reports, as well as team meeting with other PSC staff.  It may also include meetings with Commissioners, other state agencies, and/or utilities.