PUCT, Rate Analyst; Financial Analyst -II

Financial Analyst I, B20

Salary: $70,008 to $76,356 for Financial Analyst I; $75,000 to $89,328 for Financial Analyst II.

The Rate Regulation Division is part of the Public Utility Commission of Texas and focuses on regulatory rate-setting for electric, telecommunications, and water and sewer utilities. It is divided into two sections:
Financial Review, which evaluates the legitimacy and reasonableness of a utility company’s expenses and develops estimates of appropriate rate of return on capital investment; and Tariff and Rate Analysis, which develops specific rates for customers and addresses the allocation of utility costs across different customer groups.

As a Rate Analyst, you will support the PUCT’s Rate Regulation Division by evaluating utility cost and rate proposals, analyzing economic and statistical data, and reviewing filings from regulated electric, telecommunications, and water and sewer utilities. You will develop written recommendations for Commission decision‑makers, participate in rate‑setting proceedings and policy reviews, and help ensure consumers across Texas receive fair, reasonable, and compliant utility rates.

• Financial Analyst I – Bachelor’s degree in economics, business administration, or finance with a minimum of twelve semester hours in microeconomics, macroeconomics, or statistics/econometrics/calculus.
• Financial Analyst II – Bachelor’s degree in economics, business administration, or finance with a minimum of twelve semester hours in microeconomics, macroeconomics, or statistics/econometrics/calculus and at least one year of full‑time experience in a position involving utilities, economic, statistical, or regulatory analysis.

• Graduate degree in economics, business administration, finance, or a related field, or a relevant professional certification (e.g., CPA, CFA).
• Experience as an expert witness in major regulatory proceedings.
• Experience performing regression analyses using common statistical software packages.

The PUCT operates on a standard work schedule of Monday through Friday, 8:00 a.m. to 5:00 p.m. Employees may request alternative schedules or telecommuting in accordance with the PUCT’s Alternative Work Schedule Policy, subject to management approval. Telecommuting is contingent upon a waiting period and supervisor approval as outlined below.

Veterans, Reservists, or Guardsmen with military occupation specialties applicable to this position who meet the minimum qualifications are encouraged to apply. Required documentation, including DD Form 214 and related records, must be provided with the State of Texas application for a Veteran Employment Preference.

• Due to the volume of applications received, only candidates selected for an interview will be contacted.
• All information provided in connection with an employment application must be accurate and complete. Misstatement, falsification, or omission may result in refusal to hire or termination.
• Licensure as a Professional Engineer or attorney to practice law in Texas will be verified for selected candidates.
• A satisfactory driving record is required for any agency business that involves driving a state or personal vehicle.
• For males born on or after January 1, 1960, Selective Service registration will be verified; non‑registered males must provide proof of exemption.
• All candidates must be legally authorized to work in the United States at the time of hire. The PUCT participates in the EVerify+ system to confirm employment eligibility.
• Employment offers are contingent upon successful completion of the EVerify+ employment eligibility process.
• The PUCT does not sponsor work authorization and does not sponsor the STEM OPT extension program.
• Positions that involve access to sensitive systems may be subject to a criminal background check pursuant to Texas Government Code 411.14031 and Utilities Code 12.107.
• PUCT employees are prohibited from having a financial interest in a public utility or an affiliated entity, with limited exceptions.
• PUCT has a post‑employment restriction; details are furnished upon request.
• PUCT is an Equal Employment Opportunity Employer.

• Newly hired employees must successfully complete a six‑month probationary period and have a satisfactory performance review before applying for other positions within the PUCT.
• Employees who transfer to a new position or division must remain in their new role for at least six months and have a satisfactory performance review before applying for another position within the PUCT.
• Employees are not eligible to apply for positions within their classification series in their current division, except for supervisory positions within the same classification series.