Public Utilities Financial Analyst 2,3,4

Working Title: Public Utilities Financial Analyst 2,3,4
Job Class: Public Utilities Financial Analyst 2,3,4
Agency: Public Utilities Commission

• Who May Apply: Open to all qualified job seekers
• Date Posted: 02/28/2024
• Closing Date: 03/13/2024
• Hiring Agency/Seniority Unit: Public Utilities Commission (PUC)
• Division/Unit: Public Utilities Commission / Finance Unit
• Work Shift/Work Hours: Day Shift
• Days of Work: Monday - Friday
• Travel Required: No
• Public Utilities Financial Analyst 2 Salary Range: $27.58 - $40.49 / hourly; $57,587 - $84,543 / annually
• Public Utilities Financial Analyst 3 Salary Range: $31.57 - $46.82 / hourly; $65,918 - $97,760 / annually
• Public Utilities Financial Analyst 4 Salary Range: $33.90 - $50.27 / hourly; $70,783 - $104,964 / annually
• Classified Status: Classified
• Bargaining Unit/Union: 214 - MN Association of Professional Employees
• FLSA Status: Exempt - Professional
• Telework Eligible: Yes - See below
• Designated in Connect 700 Program for Applicants with Disabilities: Yes

Make a difference in the lives of Minnesotans.

The work you’ll do is more than just a job. Join the talented, engaged, and inclusive workforce dedicated to creating a better Minnesota.

Please note prior to applying:

The Public Utilities Commission will be filling one (1) vacancy at either the Financial Analyst 2, Financial Analyst 3, or Financial Analyst 4 classification level based on the education and experience of the successful candidate(s). Please make certain that your resume and application materials reflect all required minimum qualifications and experience as listed in the minimum qualifications for the classification level that you are interested in applying for.

This will be a hybrid position which will require 2 days per week at the PUC office in St. Paul, MN. Relocation expenses under this position contract are reimbursable and relocation must be completed within 6 months of hire.

Description:

To provide financial, accounting, and other technical analysis and interpretation of complex gas and electric utility regulatory matters and other energy-related issues for the Minnesota Public Utilities Commission. This public service position provides an opportunity to affect the planning, development, and implementation of energy and telecommunication services provided to Minnesotans and to further the goals of utility policy decision-makers in Minnesota.

Job Summary:

• To provide technical assistance to the Commission on complex financial, accounting, and other issues as assigned in general public utility rate cases.
• To evaluate and analyze complex miscellaneous rate, tariff, and service filings by utilities.
• To carry out miscellaneous technical projects relating to energy policy and/or rate regulation, as assigned by the financial analysis unit supervisor.

The Public Utilities Commission does not sponsor applicants for work visas or Optional Practical Training Extensions for STEM Students. Individuals must be legally authorized to work in the US at the start of employment.

Minimum Qualifications

To be considered, applicants must meet one of the following educational and/or work experience combinations:

Minimum Qualifications for Financial Analyst 2:

• 2 years of experience in auditing, analyzing, or preparing accounting records or financial statements.
• Knowledge of Generally Accepted Accounting Principles (GAAP) and basic economic, statistical, and financial principles.
• Written and oral communication skills sufficient to explain complex accounting and regulatory concepts and issues clearly and concisely.

Preferred Qualifications for Financial Analyst 2:

• Experience with electric, natural gas, telecommunications and/or water industries.
• Experience with utility ratemaking and regulatory concepts and practices.
• Ability to conduct research and investigations and to perform analyses of regulatory accounting and financial issues and related issues such as utility cost recovery.
• Experience conducting financial audits, evaluations, or reviews.
• Experience writing formal reports for external distribution.
• Experience working with people of diverse backgrounds and marginalized communities.

Minimum Qualifications for Financial Analyst 3:

• 3 years of experience in auditing, analyzing, or preparing accounting records or financial statements.
• Knowledge of Generally Accepted Accounting Principles (GAAP) and basic economic, statistical, and financial principles.
• Written and oral communications skills sufficient to explain complex accounting and regulatory concepts and issues clearly and concisely.

Preferred Qualifications for Financial Analyst 3:

• 2 years of work experience as a Financial Analyst 2 or equivalent, with a regulatory agency, utility, or similar organization, in the analysis or preparation of public utility accounting records or financial statements
• Experience with utility ratemaking and regulatory concepts and practices.
• Experience writing formal reports for external distribution.
• Ability to conduct research and investigations and to perform complex analysis of regulatory accounting and financial issues and related issues such as utility cost recovery.
• Lead work experience in the evaluation of financial statements
• Experience working with people of diverse backgrounds and marginalized communities.

Minimum Qualifications for Financial Analyst 4:

• 4 years of experience in auditing, analyzing, or preparing accounting records or financial statements.
• Knowledge of Generally Accepted Accounting Principles (GAAP) and basic economic, statistical, and financial principles.
• Written and oral communications skills sufficient to explain complex accounting and regulatory concepts and issues clearly and concisely.

Preferred Qualifications for Financial Analyst 4:

• 3 years of work experience as a Financial Analyst 3 or equivalent, with a regulatory agency, utility, or similar organization, in the analysis or preparation of public utility accounting records or financial statements
• Knowledge of regulatory policies and procedures in Minnesota and/or other state and federal jurisdictions.
• Understanding of the electric, natural gas, telecommunication and/or water industries.
• Ability to interpret statues, Commission rules and regulations.
• Experience writing formal reports for external distribution.
• Experience managing and conducting research and investigations and performing complex analyses related to regulatory accounting, financial evaluations, and other related financial issues.
• Experience leading teams and reviewing the work of colleagues to prepare, organize and disseminate information.
• Experience working with people of diverse backgrounds and marginalized communities.

A bachelor’s degree in in Accounting, Finance or a closely related field with significant coursework in accounting may substitute for one year of experience. Advanced degrees may substitute for up to two years’ experience.

Additional Requirements

This position requires successful completion of a background screening and reference check.

How to Apply

Select “Apply for Job” at the top of this page. If you have questions about applying for jobs, contact the job information line at 651-259-3637 or email careers@state.mn.us. For additional information about the application process, go to http://www.mn.gov/careers.

If you have questions about the position, contact Morgan Stafford at morgan.stafford@state.mn.us or 651-201-2208.

To receive consideration as a Connect 700 Program applicant, apply online, email the Job ID#, the Working Title and your valid Proof of Eligibility Certificate by the closing date to Morgan Stafford at morgan.stafford@state.mn.us.

About Public Utilities Commission

The Commission’s mission is to create and maintain a regulatory environment that ensures safe, adequate and efficient utility services at fair, reasonable rates consistent with State telecommunications and energy policies.

Why Work for Us

Diverse Workforce

We are committed to continually developing a workforce that reflects the diversity of our state and the populations we serve. The varied experiences and perspectives of employees strengthen the work we do together and our ability to best serve the people of Minnesota.

A recent engagement survey of State of Minnesota employees found:

• 95% of employees understand how their work helps achieve their agency’s mission
• 91% of employees feel trusted to do their jobs
• 88% of employees feel equipped to look at situations from other cultural perspectives when doing their job
• 87% of employees report flexibility in their work schedule

Comprehensive Benefits

Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. As an employee, your benefits may include:

• Public pension plan
• Training and professional development
• Paid vacation and sick leave
• 11 paid holidays each year
• Paid parental leave
• Low-cost medical and dental coverage
• Prescription drug coverage
• Vision coverage
• Wellness programs and resources
• Employer paid life insurance
• Short-term and long-term disability
• Health care spending and savings accounts
• Dependent care spending account
• Tax-deferred compensation
• Employee Assistance Program (EAP)
• Tuition reimbursement
• Federal Public Service Student Loan Forgiveness Program

Programs, resources and benefits eligibility varies based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.

AN EQUAL OPPORTUNITY EMPLOYER

Minnesota state agencies are equal opportunity, affirmative action, and veteran-friendly employers. The State of Minnesota recognizes that a diverse workforce is essential and strongly encourages qualified women, minorities, individuals with disabilities, and veterans to apply.

We will make reasonable accommodations to all qualified applicants with disabilities. If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at 651-259-3637 or email careers@state.mn.us and indicate what assistance is needed.