What are the responsibilities and job description for the Public Utilities Regulatory Analyst position at State of Arizona?
ARIZONA RESIDENTIAL UTILITY CONSUMER OFFICE
The Arizona Residential Utility Consumer Office ("RUCO") was established by the Arizona Legislature in 1983 to represent the interests of residential utility ratepayers in rate-related proceedings involving public service corporations before the Arizona Corporation Commission ("ACC" or "Commission").
Public Utilities Regulatory Analyst
1110 West Washington Street Suite 220
Phoenix, Arizona 85007
Posting Details
Annual Salary: $80,000
Grade: 24
This position will remain open until filled
Job Summary
RUCO was established in 1983 to represent the interests of residential utility ratepayers in rate-related proceedings involving public service corporations before the ACC.
This position prepares an analysis of various components of the case in electric, gas, water, wastewater and telecommunications cases.
Job Duties
Knowledge
Benefits
The State of Arizona offers a comprehensive benefits package to include
Retirement
The Arizona Residential Utility Consumer Office ("RUCO") was established by the Arizona Legislature in 1983 to represent the interests of residential utility ratepayers in rate-related proceedings involving public service corporations before the Arizona Corporation Commission ("ACC" or "Commission").
Public Utilities Regulatory Analyst
- The position will have a 4 day in office, 1 day a week telecommute option*
1110 West Washington Street Suite 220
Phoenix, Arizona 85007
Posting Details
Annual Salary: $80,000
Grade: 24
This position will remain open until filled
Job Summary
RUCO was established in 1983 to represent the interests of residential utility ratepayers in rate-related proceedings involving public service corporations before the ACC.
This position prepares an analysis of various components of the case in electric, gas, water, wastewater and telecommunications cases.
Job Duties
- Perform audits to verify the accuracy of financial information submitted in the various cases, and Issue data requests to the utility company to clarify information contained in company filings
- Review, analyze and develop RUCO's positions regarding the weighted average cost of capital (WACC), and Draft and support testimony to support RUCO's recommended debt and equity component of the WACC
- Using capital models such as the Capital Asset Pricing Model (CAPM), Discounted Cash Flow Model (DCF), and/or other relevant models, develop the equity component of the WACC
- Participate in working groups to develop proceedings or policy recommendations to the Director, Deputy Director, attorneys and the Public Utilities Manager
- Review develop and prepare recommendations in regulated utility rate increase filings, financial filings and other ACC filings
- Present expert testimony at ACC hearings
- Other duties as related to the position
Knowledge
- Knowledge of generally accepted accounting procedures and practices; expertise in financial modeling and analysis
- Basic concepts of public utility regulation and ratemaking
- Advance financial theory as it relates to cost of capital
- Knowledge of utility operations and procedures
- Effective and clear presentation skills to be able to speak before and explain issues to a variety of audiences
- Interpretative, evaluative and/or constructive thinking within broadly defined policies and objectives
- Problem solving various situations requiring analytical
- Intermediate to advanced skills in Excel
- Familiarity with google docs
- Ability to explain and support RUCO's recommendations clearly in written testimony and verbally at a hearing
- Work with and participate in stakeholder working groups to achieve common goals
- To review and analyze company data independently
- Work with others
- Certified Rate of Return Analyst (CRRA)
- Employees who drive on state business are subject to driver license record checks, required to maintain acceptable driving records and complete any required driver training (see Arizona Administrative Code R2-10-207.11)
- Requires possession of and ability to retain a current, valid state-issued driver license appropriate to the assignment
Benefits
The State of Arizona offers a comprehensive benefits package to include
- Optional employee benefits include short-term disability insurance, deferred compensation plans, and supplemental life insurance
- Life insurance and long-term disability insurance
- Vacation plus 10 paid holidays per year
- Health and dental insurance
- Retirement plan
- Sick leave
Retirement
- Positions in this classification participate in the Arizona State Retirement System (ASRS)
- Note that enrollment eligibility will become effective after 27 weeks of employment
- If you have any questions, please feel free to contact Shawn McConnell at staffing@azdoa.gov for assistance
Salary : $80,000