- Prepare work plans for analysis and testing of utility rate case applications. Review utility rate case applications for alignment with industry accounting and rate making/regulatory principles. Research and analyze previous rate case decisions, and perform financial analysis and testing.
- Prepare information requests sent to utilities and analyze/test responses to information requests.
- Prepare supporting workpapers (financial and narrative) documenting analysis, test results, and rate case positions.
- Prepare financial schedules and exhibits publishing results including proposed adjustments.
- Create and present written and oral testimony for positions and adjustments in rate cases. Testify before the Public Service Commission and respond to cross-examination.
- Collaborate regularly with agency accountants, auditors, analysts, engineers, attorneys, and external consultants.
- Position, on occasion, requires work after normal hours.
- Must possess a valid driver's license.
- All ORS employees are required to attend ethics training annually for continued employment.
- All ORS employees are prohibited from owning equity in regulated utilities.
- Work hours are Monday - Friday, 8:30 am - 5:00 pm.
- Remote work is not available and employees work in-office at 1401 Main Street, Suite 900, Columbia, SC
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Accountant/Auditor - Columbia, United States - State of South Carolina
Description
Salary: Depends on QualificationsLocation : Richland County, SC
Job Type: FTE - Full-Time
Job Number:
Agency: Office of Regulatory Staff
Opening Date: 05/07/2024
Closing Date: 5/22/2024 5:00 PM Eastern
Agency Specific Application Procedures:: Online application is preferred.
Class Code:: UA45
Position Number::
Normal Work Schedule:: Monday - Friday (8:30 - 5:00)
Pay Band: Unclassified
Opening Date: 05/07/2024
EEO Statement: Equal Opportunity Employer
Veteran Preference Statement: South Carolina is making our Veterans a priority for employment in state agencies and institutions.
Job Responsibilities
The South Carolina Office of Regulatory Staff (ORS) represents the public interest of South Carolina in utility regulation for the major utility industries - electric, natural gas, telecommunications, water/wastewater, and transportation - before the Public Service Commission (PSC), the court system, and state and federal regulatory bodies. Additionally, the ORS houses the state's Energy Office, Broadband Office, Digital Opportunity Department, Equipment Distribution Program (EDP), and has responsibility for oversight of railroad safety and natural gas pipeline safety in South Carolina.
The ORS is seeking an Accountant/Auditor to conduct analysis and testing of complex financial statements and transactions and rate case applications on investor-owned utilities operating in SC. Job functions include:
Bachelor's degree in accounting or related field that included at least 18 hours of accounting. Proficiency in Microsoft Office Suite - Outlook, Excel, Word. Ability to effectively communicate in writing and speak in large groups. Ability to perform effectively as a member of a team as well as independently. Ability to exercise initiative, judgement, and discretion.
Preferred Qualifications
Working knowledge and experience preparing financial statements, the application of audit principles, and application of generally accepted accounting principles. Master's degree in accounting or related field, CPA, or CIA. Experience in utility industry financial accounting and reporting. Working knowledge of the rate making processes and rate structure of public utilities. Understanding of regulations, principles, and practices for the regulation of utilities.
Additional Comments
The state of South Carolina offers eligible employees generous benefits, including health and dental insurance; retirement and savings plan options; and paid vacation and sick leave. Plus, work-life balance programs such as telecommuting and flexible work schedules are available to employees of some state agencies.
Insurance Benefits
Eligible employees may enroll in health insurance, which includes prescription coverage and wellness benefits. Other available insurance benefits include dental, vision, term life insurance, long term disability and flexible spending accounts for health and child care expenses.
Retirement Benefits
State employees are also offered retirement plan options, including defined benefit and defined contribution plans. Additionally, eligible employees may elect to participate in the South Carolina Deferred Compensation Program, which is a voluntary, supplemental retirement savings plan offering 401(k) and 457 plan options.
Workplace Benefits
State employees may also be eligible for other benefits, including tuition assistance; holiday, annual and sick leave; and discounts on purchases, travel and more.
Note: The benefits above are available to most state employees, with the exception of those in temporary positions. Employees in temporary grant and time-limited positions may be eligible for all, some or none of these benefits as benefits are associated with each position type. For these positions, contact the hiring agency to determine what benefits may be available.
