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Financial Analyst

DC Public Service Commission

Location: Washington, DC , Washington, DC US
Position Type: Full Time
Rqd Education: Bachelor's Degree
Rqd Experience: 2 - 5 years
Date Posted: September 20, 2022
Reference Code: 18885

As a Financial Analyst, you will be involved in a challenging variety of utility regulatory projects, including ongoing financial analysis and monitoring efforts for $1B+ of electric and gas utility infrastructure upgrades, rate cases, management audits, utility merger case activities, electric and gas distribution strategic initiatives and long-term planning reviews.

In this role, you will be able to interface with key stakeholders from federal and state agencies, including other state public service commissions, FERC and the SEC.  You will also interface with professionals of Fortune 500 energy companies, energy developers and providers, and regulatory professionals from across the Nation.  You will gain significant industry exposure and unmatched professional experience as a member of a leading regulatory agency with a proud 100+ year history of regulatory excellence.

This position is in the Office of Accounting and Finance within the Office of Technical and Regulatory Analysis (OTRA) of the Commission.  The Commission regulates the utilities and competitive companies that provide natural gas, electricity, and telecommunications services to District of Columbia ratepayers.  The mission of the Commission is to serve the public interest by ensuring that financially healthy electric, natural gas, and local telecommunications companies provide safe, reliable, and quality utility services at reasonable rates for District of Columbia residential, business, and government customers. OTRA advises the Commissioners on accounting, economic, engineering, and financial issues in formal cases that are before the Commission.

The Financial Analyst is responsible for providing authoritative advice to the Chief of Accounting and Finance and the Commission on the full range of financial issues associated with the regulatory oversight of utility companies.  Completes individual financial analysis and research assignments requiring planning, information assembly, analysis and evaluation, conclusions, and report preparation.  Review, analyze, and summarizes pertinent documents filed in formal proceedings, including testimony, briefs, Commission orders, motions, notices, and reports.   Examines and analyzes the capital structures, rates of return, credit ratings, and other financial data contained in applications for rate adjustments submitted to the Commission by public utilities and others to determine if these applications are reasonable and conform to the Commission's rules of practice and procedure.  Performs credit rating analysis and assesses operating and financial risks faced by telecommunications, electric and gas companies.  Reviews and analyzes the utilities' revenue and cost data to determine whether they appropriately reflect the operations of the companies in the District of Columbia.  Participates in preparing advisory memoranda, including rate case and investigative orders involving complex financial issues. 

The Commission offers a competitive salary range, a generous travel stipend for public transportation, as well as an attractive benefits package.  The Commission's benefits package encompasses a flexible menu of comprehensive benefits, including health, dental, vision, life, and disability insurance options, as well as a strong set of portable retirement benefits and savings options.  The Commission also offers attractive vacation and sick leave time, as well as paid holidays, consistent with District government provisions.

The Commission also seeks to optimize work-life balance through an attractive set of work schedule options, including Flex time schedules, Telework options, and Alternative Work Schedules.  As an organization dedicated to professional development and learning, the Commission encourages staff to participate in regulatory and industry association activities, as well as educational and professional training. Tuition reimbursement may also be available.