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Public Utilities Financial Analyst 2/3/4
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.
One of the key functions of the Commission in performing this mission is to balance the private and public interests affected in each docket, and to make decisions that appropriately balance these interests in a manner "consistent with the public interest.
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- Public Utilities Financial Analyst 2: $27.58 - $40.49/hour or $57,587 - $84,543/annually
- Public Utilities Financial Analyst 3: $31.57 - $46.82/hour or $65,918 - $97,760/annually
- Public Utilities Financial Analyst 4: $33.90 - $50.27/hour or $70,783 - $104,964/annually
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:
Applications received from this posting will be used to fill current and future vacancies in these job classes through November 20th, 2023.
The Public Utilities Commission will be filling up to two (2) vacancies 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 reflects all of the required minimum qualifications and experience required in the job posting to be considered.
This career opportunity is not available for full-time remote work. This will be a hybrid position of telework and some hours at the PUC offices in St. Paul, MN. Relocation expenses under this position contract are reimbursable and relocation must be completed within 6 months of hire.
Job Summary:
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Minimum Qualifications
To be considered, applicants must meet one of the following educational and/or work experience combinations:
Minimum Qualifications for Financial Analyst 2:
- Bachelor's degree in Accounting or Finance or closely related field with significant coursework in Accounting.
- At least 2 years of relevant work experience in auditing, the analysis or preparation of accounting records or financial statements.
- A graduate degree in Accounting, or Finance, or closely related field OR an accounting certification (such as a CPA, CMA or CIA) may be substituted for one year of work experience.
- 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:
- Familiarity with the electric, natural gas, telecommunications and/or water industries.
- Familiarity with utility ratemaking and regulatory concepts and practices.
- Basic quantitative skills.
- 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:
- Bachelor’s degree in Accounting or Finance or closely related field with significant coursework in Accounting.
- At least one year 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.
OR
- At least 3 years of relevant work experience in auditing or the analysis or preparation of accounting records or financial statements of companies other than public utilities.
- A graduate degree in Accounting or Finance, or closely related field OR an accounting certification (such as a CPA, CMA, CIA) may be substituted for one year of experience.
- Knowledge of Generally Accepted Accounting Principles (GAAP) and basic economic, statistical, and financial principles.
- Strong written and oral communications skills sufficient to explain complex accounting and regulatory concepts and issues clearly and concisely.
Preferred Qualifications for Financial Analyst 3:
- Good understanding of the electric, natural gas, telecommunications and/or water industries.
- Good understanding of utility ratemaking and regulatory concepts and practices.
- Solid quantitative skills.
- Solid organizational skills.
- 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.
- Experience conducting financial audits, evaluations, or reviews.
- Experience working with people of diverse backgrounds and marginalized communities.
Minimum Qualifications for Financial Analyst 4:
- Strong knowledge of Generally Accepted Accounting Principles (GAAP) and basic economic, statistical, and financial principles.
- Strong written and oral communications skills sufficient to explain complex accounting and regulatory concepts and issues clearly and concisely.
- Graduate degree in Accounting or Finance or a closely related field with significant coursework in Accounting AND one of the following:
- Three years of relevant work experience involving auditing or the preparation or analysis of public utility company accounting records or financial statements; OR four years of relevant work experience involving auditing or the preparation or analysis of accounting records or financial statements for companies other than public utilities.
OR
- Bachelor’s degree in Accounting or Finance or a closely related field with significant coursework in Accounting AND one of the following:
- Accounting certification (e.g., CPA, CMA, CIA) and at least three years of relevant work experience involving auditing or the preparation or analysis of public utility company accounting records or financial statements; OR four years’ experience involving the preparation or analysis of public utility company accounting records or financial statements; OR five years’ experience involving the preparation or analysis of accounting records or financial statements for companies other than public utilities.
Preferred Qualifications for Financial Analyst 4:
- Strong knowledge of regulatory policies and procedures in Minnesota and/or other state and federal jurisdictions.
- In depth understanding of the electric, natural gas, telecommunication and/or water industries.
- Ability to interpret statues, Commission rules and regulations.
- Ability to explain complex accounting and regulatory concepts clearly and concisely.
- Experience writing formal reports for external distribution.
- Solid quantitative skills.
- Excellent organizational skills.
- 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.
Additional Requirements
This position requires successful completion of a reference check.
Select link:
| https://careers.mn.gov/psp/mnjob/MNCAREERS/HRCR/c/HRS_HRAM_FL.HRS_CG_SEARCH_FL.GBL?Page=HRS_APP_JBPST_FL&FOCUS=Applicant&SiteId=1001&JobOpeningId=68652&PostingSeq=1&languageCd=EN |
If you have questions about applying for jobs, contact the job information line at 651-259-3637 or email [email protected]. 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 [email protected] 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 [email protected].
