The Public Service Commission (PSC) Public Utility Auditor is responsible for regulating utility rates and services by investigating utility rates and quality of service. This position is governed by state and federal laws and agency policy. Typical Functions Reviews applications requesting rate increases by comparing applications with the minimum filing requirements specified by PSC and proposing audit plans for a full investigation of financial information. Conducts audits by examining, analyzing, and interpreting a utility companys financial information presented in each filed rate case application. Ensures utility companys adherence to the Uniform System of Accounts of the Federal Energy Regulatory Commission, the Federal Communications Commission, the Rural Utility Service, and the National Association of Regulatory Utility Commissions. Analyzes and interprets accounting, financial, and economic information related to rate of return on utility investments, capital recovery schedules, revenues and expenses, plant, cost allocations, rate design, and utility operations. Participates in hearing preparation and testifies in hearings as an expert witness. Performs other duties as assigned. Special Job Dimensions Frequent in and out-of-state travel is required. Knowledge, Abilities, and Skills Knowledge of the principles of accounting. Knowledge of audit standards and procedures. Knowledge of utility accounting practices and regulations. Ability to interpret and apply rules, laws, and policies. Ability to compile supporting documentation and prepare narrative and financial reportsAbility to present testimony as an expert witness. Minimum Education and/or Experience The formal education equivalent of a bachelors degree in accounting, auditing or a related field; plus three years of experience in auditing or financial analysis of utility companies or a related field. Preferred Qualifications A CPA or MBA is preferred.
Travel for this position is very limited. Certificates, Licenses, Registrations Must possess a valid Arkansas drivers license. 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. Agency Specific Information REQUIRED: If the job you are applying for requires a college degree or professional certification, a copy must be submitted at time of interview.
If you are a Veteran, Disabled Veteran or a Surviving Spouse of a Deceased Veteran and remain unmarried at the time you are seeking preference and you are a citizen and resident of this state, you shall be entitled to Veteran's Preference. Please submit the DD-214 and other official documentation at the time of the interview.
Applications are screened from information on State Application. List ALL work and/or volunteer experience in “Employment Work History“ Section. Resume WILL NOT Substitute. Incomplete applications will not be processed.
- Direct Deposit of net pay [checking and/or savings account] is required for employment [Act 1887 of 2005].
- 5% Mandatory contribution to AR Public Employee Retirement System.
- Tobacco Free State Agency.
- New employees hired in 2014 or later will be automatically enrolled into the Arkansas Diamond Deferred Compensation 457 Plan with a 3% automatic deduction. You have 90 days from your first deduction to opt out if you decide not to participate.