Public Utilities Regulatory Analyst

Job Location:

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, Skills & Abilities (KSAs):

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

Skills:

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:

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

Selective Preference(s):

Certified Rate of Return Analyst (CRRA)

Pre-Employment Requirements:

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

If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business, then the following requirements apply: Drivers License Requirements.

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

Learn more about the Paid Parental Leave pilot program here. For a complete list of benefits provided by The State of Arizona, please visit our benefits page

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