Senior Accountant

  • $103,605.00 - $133,464.00
  • Washington D.C., DC, USA
  • Permanent, Full time
  • Public Service Commission of the District of Columbia
  • 19 Feb 18 2018-02-19

The Public Service Commission of the District of Columbia (Commission), a leading utility regulatory agency, is looking for a talented senior accountant with utility experience, who can make a professional difference in the Nation’s Capital. As a senior accountant, you will be involved in a challenging variety of utility regulatory projects, including: ongoing financial analysis and monitoring efforts for electric and gas utility rate increase applications and $1B+ of infrastructure upgrades, electric and gas distribution strategic initiatives and long-term planning reviews, as well as distributed energy resource technologies, including campus and institutional gas-fired cogeneration and related energy systems.

 

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 and the SEC.  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 located 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 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 Senior Accountant is responsible for providing authoritative advice to the Chief of Accounting and Finance and the Commission on complex financial and accounting work associated with the examination and appraisal of utility companies.  Performs audits and investigations of energy and telecommunication entities, and develops creative solutions to controversial accounting and auditing problems.  Reviews rate cases and other regulatory filings by the utility companies.  Identifies accounting and auditing issues and prepares advisory memoranda to the Commission that includes summaries of issues, analyses, and identification of options and recommendations.  Evaluates utility companies’ claims, determines the adequacy and reliability of data, and determines the need for and nature of additional data required to complete the analysis.  Studies and evaluates existing systems of internal control to determine the level of system reliability; determines analytical procedures; and obtains sufficient reliable evidence through inspections, inquiries, and confirmation to provide a reasonable basis for an opinion.  Participates in preparing advisory memoranda, and rate case and investigative orders involving complex accounting and 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, 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. 

 

Qualifications

This position requires mastery of professional knowledge of the theory, concepts, principles, and practices of accounting and auditing to serve as a senior authority in technical and regulatory matters related thereto; and to provide a broad range of accounting and auditing support on all matters relating to regulated energy and telecommunication entities in the District of Columbia.  Mastery of accounting and auditing principles applicable to cost of service, revenue requirements, rate base, rates, depreciation, operating expenses, and revenues. Expert knowledge of the rate-making process, including revenue requirement and rate design and their application to regulated energy and telecommunications entities. Expert knowledge of industry accounting and auditing standards applicable to regulated energy providers, including those of the FERC, the SEC, etc.  Mastery of and skill in applying analytical and evaluative methods and techniques to studies and issues. Ability to perform broad and complex research tasks, and skill in identifying problems and making recommendations for changes and revisions.   Excellent skill in oral and written communications to develop cross-examination questions, prepare data requests, develop reports and comments on accounting and auditing matters, render advice to Commissioners, respond to inquiries, and make presentations.

 

Collective Bargaining Unit

This position is in the collective bargaining unit represented by AFSCME, District Council 20, and you may be required to pay union dues or an agency service fee through payroll deduction.

 

Licensures, Certifications and Other Requirements

CPA, CMA, Chartered Accountant highly preferred.

Experience in public utilities or regulatory agencies preferred. 

 

Education

Graduation from an accredited college or university with a bachelor’s degree in accounting or a concentration in accounting.

 

Work Experience

Five (5) to seven (7) years of experience in a utility environment with respect to accounting and finance.

 

Work Environment

The work is performed in an office setting.