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Sr. Financial Analyst

DC Public Service Commission

Location: Washington, District of Columbia US
Position Type: Full Time
Rqd Education: Bachelor's Degree
Rqd Experience: 2 - 5 years
Date Posted: March 16, 2022
Reference Code: 16448

The Public Service Commission of the District of Columbia (Commission), a leading utility regulatory agency, is looking for a talented Senior Financial Analyst with utility or regulatory experience, who can make a professional difference in the Nation’s Capital.  As a Senior Financial Analyst, you will be involved in a challenging variety of utility regulatory projects, including financial analysis and regulatory oversight efforts for approximately $3 Billion of electric and gas utility long-term infrastructure upgrades, rate cases, climate solutions cases, management audits, utility merger case activities, and utility strategic initiative reviews, and utility capital structure, financing, and cost of capital evaluation efforts.

In this role, you will have an opportunity to interface with key stakeholders from federal and state agencies, including other state public service commissions, FERC, DOE, and the credit rating agencies.  You will also interface with professionals of Fortune 500 energy companies, energy developers and providers, as well as 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 Public Service Commission of the District of Columbia (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 Pubic Service Commission of the District of Columbia is to serve the public interest by ensuring that financially healthy utility companies provide safe, reliable and quality utility services at reasonable rates for District of Columbia customers while fostering grid modernization, conservation of natural resources, preservation of environmental quality, and advancement of the District's climate policy commitments.  OTRA advises the Commissioners on finance and accounting, economic, engineering, and compliance issues in formal cases and rulemakings.  

The Senior Financial Analyst is responsible for providing technical 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.  Conducts complex financial analysis assignments requiring planning, analysis, and report preparation.  Reviews and evaluates documents filed in formal proceedings, including testimony, briefs, Commission orders, motions, and notices.  Examines and analyzes capital structure, rates of return, credit ratings and other financial data in utility rate increase applications, to determine if proposed rate increases are just and reasonable. Performs credit rating analysis and assesses operating and financial risks faced by electric and gas companies. Reviews and analyzes utility revenue requirements and related cost data for reasonableness and prudency. Prepares advisory memoranda and executive presentations.   

The Commission offers a competitive salary range, a generous travel stipend for public transportation and parking, a bonus program, 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.

The Commission also seeks to optimize work-life balance through an attractive set of work schedule options, including Flex time schedules, Teleworking 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. 


This position requires mastery knowledge of the theory, concepts, principles, and practices of finance to provide a broad range of financial analysis support on all matters relating to regulated energy and telecommunication entities in the District of Columbia.  Mastery knowledge of utility ratemaking theory used to develop and present costs of capital, rates of return, and credit ratings analysis.  Demonstrated experience in credit ratings analysis and review of company financial data.  Mastery knowledge of financial markets and understanding of industry trends and practices; as well as Commission orders, FERC, DOE, SEC, and other industry developments. Expert knowledge of the sources of financial and other data specifically related to regulated utilities. including the rules and statutes under which the Commission functions. Ability to perform complex financial research projects, and skill in making recommendations, and preparing presentations. Excellent skill in oral and written communications, as well as solid project management skills.

Collective Bargaining Unit

This position is in the collective bargaining unit represented by AFSCME, District Council 20.  You may elect to join the union. 

Licensures, Certifications and Other Requirements

Chartered Financial Analyst (“CFA”), Certified Public Accountant (“CPA”), Chartered Accountant, Certified Management Accountant (“CMA”) or another related certification is highly preferred.


Graduation from an accredited college or university with a bachelor’s degree in finance, accounting, business administration or other related field (with concentration in finance, accounting, investments, or economics). A Masters’ degree in a related field or an MBA is also desirable.

Work Experience

Applicants must have at least one (1) year of specialized experience equivalent to the next lower grade level (Grade 13) or its non-District equivalent.  Some project management and work leader experience are also desirable. Specialized experience is experience which is in or directly related to the line of work of the position and has equipped the applicant with the knowledge, skills, and abilities to successfully perform the duties of the position.

Work Environment

The work is performed in an office setting.