PUBLIC UTILITY AUDITOR
|Department||PSC Accounting Investigations|
|Date Opened||5/30/2019 11:59:00 PM|
|Filing Deadline||6/13/2019 11:59:00 PM|
|Salary||$45,123.00 - $72,030.00/year|
|HR Analyst||Tenea Allen|
The Public Service Commission (PSC or Commission) regulates public utilities and certain passenger transportation companies doing business in Maryland. The Commission regulates gas, electric, telephone, water, and sewage disposal companies. Also subject to the jurisdiction of the Commission are electricity suppliers, fees for pilotage services to vessels, construction of a generating station and certain common carriers engaged in the transportation for hire of persons. The PSC’s jurisdiction extends to taxicabs operating in the City of Baltimore, Baltimore County, Cumberland, and Hagerstown.
The categories of regulated public service companies are listed below: electric utilities; gas utilities; combination gas and electric utilities; telecommunications companies; water, and water and sewerage companies; passenger motor vehicle carriers (sedans, limousines, and buses); railroad companies; taxicab companies; and other public service companies.
The Commission is empowered to hear and decide matters relating to: (1) rate adjustments; (2) applications to exercise or abandon franchises; (3) applications to modify the type or scope of service; (4) approval of issuance of securities; (5) promulgation of new rules and regulations; and (6) quality of utility and common carrier service.
LOCATION OF POSITION
William Donald Schaefer Tower
6 St. Paul Street
Baltimore, MD 21201
Main Purpose of Job
The main purpose of this position is the development of appropriate revenue requirements for the public utilities under our jurisdiction through the performance of audits and analyses of the utilities' accounting records in accordance with generally accepted accounting principles (GAAP) and the accounting, ratemaking, and regulatory policies adopted by the PSC for those public utilities.
Evaluate and prepare recommendations regarding utility revenue requirement calculations, cost allocations, rate tariffs, fuel/energy costs, surcharge rates, and codes of utility conduct in Commission docketed hearings and other administrative proceedings.
Monitor public utilities through the analysis and auditing of financial statements and other filings.
Analyze customer bills for compliance with tariffs and applicable regulations.
Prepare well-documented and organized work papers to support conclusions/recommendations from audits and other tasks.
Respond to inquiries from the Division Director, Division Assistant Director, and technical staff and stakeholders regarding regulatory accounting matters.
Monitor and research emerging regulatory issues from federal, state and industry level concerning accounting/financial issues and regarding the development of competitive energy markets to ascertain the impact on the utility companies and consumers.
Participate in settlement discussion, fact-finding sessions, roundtable forums, and other alternative dispute resolution forums as administered by the Commission.
Education: A bachelor’s degree in Accounting or other business related field from an accredited college or university with 30 credit hours in accounting and auditing.
Experience: Two years of professional experience in accounting or auditing with a public utility company or utility regulatory agency.
1. Applicants may substitute experience in general accounting and auditing for the required experience, at the rate of two years of general accounting and auditing experience for one year of professional experience in accounting or auditing with a public utility company or utility regulatory agency.
DESIRED OR PREFERRED QUALIFICATIONS
The ideal candidate will have prior experience in communicating and supporting accounting statements or financial data review and audit findings orally.
LICENSES, REGISTRATIONS AND CERTIFICATIONS
Employees in this classification may be assigned duties which require the operation of a motor vehicle.
Employees assigned such duties may be required to possess a motor vehicle operator’s license valid in the State of Maryland.
Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment.
All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date.
Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.
For education obtained outside the U.S., a copy of the equivalent American education as determined by a foreign credential evaluation service must accompany the application.
The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position.
Online applications are highly recommended. However, if you are unable to apply online, the paper application and supplemental questionnaire may be submitted to: Department of Budget and Management, Recruitment and Examination Division, 301 W. Preston St., Room 608, Baltimore, MD 21201. Paper application materials must be received in our office by the closing date for the recruitment. No postmarks will be accepted.
For questions regarding this recruitment, please contact 410-767-1697.
MD TTY Relay Service 1-800-735-2258.
We thank our Veterans for their service to our country.
People with disabilities and bilingual candidates are encouraged to apply.
As an equal opportunity employer, Maryland is committed to recruitment, retaining and promoting employees who are reflective of the State's diversity.