Lead Utility Accountant

Recruiter
Virginia State Corporation Commission
Location
Richmond
Salary
Competitive
Posted
11 Jan 2018
Closes
17 Jan 2018
Job role
Accountant
Contract type
Permanent
Hours
Full time

Lead Utility Accountant

Anticipated Starting Salary Range: $80,000 – $119,999

Starting Salary Commensurate with Qualifications and Experience

The State Corporation Commission ????s (SCC) Division of Utility Accounting and Finance (UAF) seeks a Lead Utility Accountant to manage and conduct complex reviews and analyses of rate applications filed with the SCC pursuant to Title 56 of the Code of Virginia. Audits will include electric, gas, water, and sewer utilities ???? books and records to ensure compliance with GAAP, regulatory accounting principles, and Commission decisions. The selected candidate for this position will be responsible for: leading and participating in rate case proceedings, rate adjustment clause proceedings, fuel audits, and affiliate audits; preparing and presenting expert written and oral testimony; reviewing written testimony; and assisting in preparation for hearings. Periodic out–of–town travel is required.

Work Details

The SCC is the state agency responsible for the regulation of the rates of public utility companies in Virginia, which is generally done through formal legal proceedings. As such, the Division of UAF ????s work involves auditing the books and records of a utility company, analyzing various other aspects of a utility company, understanding complex accounting transactions, and gaining expert–level knowledge of the utility industry. This will involve coordination with other team members or SCC divisions, and frequent communication with utility company representatives or other external contacts. Results and recommendations are developed into reports or testimony in the context of a legal case. Because of the unique nature of this work, time is generally split between auditing and analyzing, writing the findings and recommendations, and preparing for and participating in legal proceedings. The legal proceedings may involve serving as an expert witness to discuss and support audit findings and recommendations related to income tax matters. Teamwork and the ability to communicate are critical to this position, and the Division of UAF seeks individuals who thrive in team–oriented environments. The Division of UAF encourages and supports continued learning. This includes monthly division training sessions, the ability to attend utility or accounting–related conferences, and industry training events.

Qualifications

Preferred qualifications for this position include comprehensive professional experience in utility accounting or auditing and a bachelor ????s degree in Accounting, Finance, or Economics. Ideal candidates will have thorough knowledge of the laws, rules, and regulations of the State Corporation Commission and federal commissions engaged in public utility regulation. Thorough knowledge of GAAP is essential. Candidates must show initiative and have strong written and verbal communication skills, as well as strong analytical and auditing skills. Prior management experience is preferred, but not required. Ideal candidates will have the ability to: lead, manage, develop, and train staff; establish and maintain effective working relationships with company and staff personnel; and thoroughly and accurately express audit findings in written format. A CPA or CMA certification is strongly preferred.

Additional Information

The SCC fosters a high–performing workforce with a commitment to collegiality, teamwork, collaboration, and alignment with the SCC ????s vision, mission, and strategic goals. Core competencies that are essential for all SCC employees include achieving organizational results, working with others, and personal management and effectiveness. Leadership competencies include strategic leadership and developing and managing talent.

In addition to a rewarding work experience, the SCC offers core benefits including competitive health and life insurance programs, pre–tax spending accounts, leave programs, and paid holidays. Employees participate in a state retirement plan with options for tax–deferred retirement savings including employer matching. The state funds a short and long–term disability program.

The SCC regulates various companies and industries in Virginia; therefore, to avoid any conflict, employees are required to sign a Conflict of Interest Form and must dispose of any stock they hold in a regulated company or dispose of any licenses or certificates they hold in any industry regulated by the SCC unless otherwise permitted. Employees also shall report employment of household members by a regulated company.

The SCC is an Equal Opportunity Employer. Military veterans and national service alumni are encouraged to apply. The SCC uses the E–Verify system to confirm identity and work authorization and does not provide sponsorship. If requested, the SCC will provide reasonable accommodation to applicants in need of accommodation in order to provide access to the application and interview process. A background investigation is conducted on the selected candidate as a condition of employment.

The information you submit must clearly demonstrate your experience and qualifications as they relate to this position. Interview consideration is based on the information submitted online.

This position will be classified in the SCC Salary Structure as a Grade P–13 or P–15 and will be exempt from the provisions of the Fair Labor Standards Act (FLSA).

How to Apply

This position will remain open until filled.

Qualified internal and external candidates are encouraged to apply. Apply on the SCC Career Center website at .

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