West Virginia is looking for a Utilities Analyst 1 to begin a career in utility regulation and financial auditing. This entry-level position works under direct supervision, learning from higher-level analysts while taking responsibility for audits of small to medium utilities and assisting with audits of larger companies.

What You'll Do

Aid higher-level utility analysts under direct supervision.
Perform full-charge audits of small to medium-sized utilities.
Assist in audits of large utility companies under supervisor control, performing work with minimal supervision after audit program approval.
Travel in-state and out-of-state as required.
Review utility formal case filings and financial statements.
Analyze the financial condition of utilities, including capitalization ratios, cash flow, financing needs, and pro forma income statements.
Prepare work plans and audit programs for case reviews and audits.
Perform field or desk audits of utility financial books and records.
Review and report on internal controls, compliance with accounting principles, system of accounts, and PSC rules.
Conduct analysis of management efficiency.
Write all or part of audit reports analyzing utility financial condition and issues for the Commission.
Make recommendations regarding overall utility revenue requirements and proper rate schedules.
Perform desk or memorandum reviews of utility rate change requests not requiring a field audit.
Assist staff attorneys with accounting aspects of cases and establishing examination methods.
Testify in rate hearings before the Public Service Commission on audit scope, adjustments, and financial condition.
Assist the Legal Division in designing rates mandated by Commission decisions.
Answer routine correspondence from utility customers on costs and surcharges.
Perform related duties as required.

What We're Looking For

Bachelor’s degree from an accredited college or university with a major in business administration, accounting, finance, economics, or mathematics.
Alternatively, full-time or equivalent part-time paid professional experience in utility financial analysis, accounting, or auditing may substitute for the required training at a rate of one (1) year of experience for every thirty (30) semester hours of training.
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.
Ability to research state and federal tax laws.
Familiarity with preparation of audit programs and formulation of work plans.

Nice to Have

Training in accounting such as a CPA, a master's degree in accounting, a bachelor's degree with a major in accounting, or a bachelor's degree with 24 semester hours of accounting.
Professional experience with a public utility, utility regulatory agency, or a public accounting firm in the area of utility ratemaking or financial statement auditing.