Public Utilities Auditor

Description

State of Idaho Opportunity

Idaho Public Utilities Commission

Applications will be accepted through 11:59 PM MST on the posting end date.

The Idaho Public Utilities Commission has an exciting new opportunity for a full-time
Auditor
in Boise. The Commission regulates investor-owned or privately-owned utilities that provide gas, water, electricity, or some telephone services for profit.

This position is the first of three levels of professional auditor positions within the Public Utilities Commission. It is generally filled in a training/underfill capacity for the Auditor 2 and Auditor 3 positions. Upon successful completion of the approximately 1 to 1 ½-year underfill training plan, the incumbent will be reclassified to the Auditor 2 level. After completing another 1 ½ to 2 years, the incumbent may be reclassified to the Auditor 3 position.

Incumbents perform professional level duties involving accounting, auditing, financial analysis, and/or financial reporting. Contact with individuals outside the agency to explain business practices, respond to inquiries, and resolve professional auditing problems can vary. Moderate travel within the state may be required.

Example of Duties

Accounting/financial analysis:Examines and analyzes accounting and financial documents to develop conclusions and recommendations on revenue requirement and rate of return; determines validity of investment and expenses used in rate making and compliance with generally accepted accounting principles, rate making theory, regulations and orders of the Public Utilities Commission (PUC); reviews management and business practices to determine financial stability and cost efficiency; prepares pro forma financial statements;

performs return on equity analysis, overall rate of return analysis, and fundamental financial analysis.

Auditing:Conducts on-site financial and performance audits; verifies revenues, expenses, rate base, and capital structure to determine financial condition and/or reasonableness and validity of applicant requests; develops recommendations for changes in management and financial practices; writes audit reports and discusses with team the actions to be taken to correct deficiencies.

Hearings:Identifies accounting and financial issues to be addressed in cases heard by the PUC; formulates staff position and prepares written testimony and supporting exhibits for hearings; presents and defends testimony in oral Cross-examination by utilities and interveners; prepares reconciliations of differences between staff, interveners, and applicants’ exhibits; assists attorneys in preparing questions to cross-examine applicants and interveners.

Special investigations:Investigates and proposes solutions regarding service, compliance with tariffs, operating practices, and accounting and financial matters; reviews utility practices for compliance with utility and/or PUC policies and develops reports of findings.

Minimum Qualifications:

Utilities Auditor 1 ($23.91 - $28.70):

Good knowledge of:

• Accounting principles and practices.

Utilities Auditor 2 ($27.12 - $36.17):

Good knowledge of:

• Accounting principles and practices.

Some knowledge of:

• Microeconomic theory;
• Management practices and reviews to determine financial stability and cost efficiency.

Experience:

• Conducting audits in a work setting;
• Making oral presentations;
• Using a personal computer to develop, analyze and report on financial data/documents.

Utilities Auditor 3 ($30.91 - $41.21):

Considerable knowledge of:

• Fiscal auditing;
• Accounting theory, principles, and practices;
• Accounting and financial practices of utility companies.

Good knowledge of:

• Management practices; supervisory skills;
• Public utility rate making theory and practice.

Experience:

• Planning, organizing and…