This is a full-time position (40 hours per week) with State Benefits. This position qualifies for teleworking on a part-time basis as part of the Department of Commerce Teleworking Program. Any teleworking will be under the conditions of the Commerce Teleworking Program Policy, and the employer may end any teleworking arrangement at any time at the employer's sole discretion.
Required Education:
4 Year Degree
The North Carolina Utilities Commission is an independent agency of North Carolina administratively housed within the North Carolina Department of Commerce. The North Carolina Department of Commerce is the state's lead agency for economic, community and workforce development activities designed to improve the economic well-being and quality of life for all North Carolinians.
The Commission was created by the General Assembly to regulate the rates and services of all investor-owned public utilities in North Carolina, including electric companies, natural gas distribution companies, water and wastewater companies, telephone companies, carriers of household goods, and other companies engaged in providing miscellaneous utility services. It is the Commission's responsibility to ensure that North Carolina customers have access to safe, reliable and affordable utility service.
The regulation of public utilities is a highly dynamic and complex field that involves law, public policy, economics, accounting, and finance and impacts the lives of all North Carolinians. The professionals who work at the Commission are engaged in emerging issues of critical importance to the State and its citizens, including the provision of affordable and reliable utility service, the integration of renewable energy resources into the electric system, and the increasing challenges associated with utility infrastructure and service, such as cybersecurity risk, extreme weather impacts, and the transformation of the electric industry. This position provides an excellent opportunity for a motivated individual who is ready to engage with other service-oriented professionals and contribute to the work of the Commission.
In carrying out its charge, the Commission employs professional staff, which is organized into the Legal Division and the Operations Division. This position, Public Utilities Regulatory Analyst I, is within the Operations Division and works collaboratively with other members of the Operations Division, including financial professionals such as CPAs, MBAs in addition to engineering professionals. This position also works closely with members of the Legal Division, primarily attorneys and paralegals.
The primary purpose of the Public Utilities Regulatory Analyst I of the Operations Division is to assist the Commission by providing regulatory analysis, policy analysis, and technical analysis in support in the regulation of investor-owned public utilities. The work of the Public Utilities Regulatory Analyst I position focuses on, in general, analyzing the financial impacts of public utility programs and investments, the recovery of costs by the utilities, various public policy issues, and the service quality provided by the public utilities.
The work requires independent analysis, assessment, evaluation, research, and development of recommendations to resolve pending issues. The work also requires the ability to function well within a multi-disciplinary team of professionals. The work requires drafting and editing Commission orders, reports and presentations. Finally, the work requires the ability to verbally communicate technical information clearly and concisely to expert and lay audiences, as well as the ability to defend recommendations and opinions to the Commission.
Bachelor’s degree in Accounting, Banking, Finance, Business Administration, Public Administration, Economics, or related discipline from an accredited institution and one year of directly related experience; or an equivalent combination of education and experience.
This position requires a highly motivated and diligent individual with high degrees of initiative, integrity, and attention to detail who can function efficiently and effectively individually and as a member of a team.
Demonstrated ability or experience performing quantitative and qualitative analysis in the field of one or more of the following: public policy, planning, economics, accounting, or finance.
Demonstrated experience researching, analyzing, and evaluating accounting issues and/or policy issues related to public utilities.
Demonstrated knowledge of and/or experience working with state regulations and regulatory agencies or similar entity.
Demonstrated ability to function effectively in an inherently highly demanding work environment.
The ability to defend analyses, opinions, and recommendations relating to the variety of complex issues that routinely come before the Commission in the context of adversarial proceedings.
Strong writing, communication, time management and organizational skills.
Management Preferences:
Knowledge of the economic regulation of investor-owned public utilities; (e.g., rate base, rate-of-return) or experience working for a public utility.
Advanced skill level utilizing Microsoft Excel, including experience with data tables, data simulations, pivot tables and reporting, and building formulas and macros.