Senior Advisor (Financial Analyst)

SENIOR ADVISOR (FINANCIAL ANALYST) (JOB ID: 41600)

State of New Hampshire Job Posting

Public Utilities Commission 

Adjudicative Commissioners - PUC

21 South Fruit Street

Suite 10

Concord, NH 03301

 

 Senior Advisor (Financial Analyst)

Full-Time | Hybrid Possible 

$89,121.00 - $124,187.00

Position #9U681

Unclassified 

 

The State of New Hampshire, Public Utilities Commission has a full-time vacancy for Senior Advisor (Financial Analyst).

Summary:

The Senior Advisor reports to the Chairman and advises the Commissioners on critical utility issues. The Senior Advisor is responsible for analyzing the impact of changes to utility rates on the welfare of the state's citizens and the financial health of the regulated utility. This analysis requires a deep understanding of utility financial structure and programs and the implications in the short, medium, and long-term. The reliability and cost effectiveness of water, gas, and electric utility service are critical PUC responsibilities.

Strong analytical accounting, financial analysis, deductive reasoning, and problem-solving skills are required. The applicant must be a good team player and able to work independently. 

 

YOUR EXPERIENCE COUNTS - Under a recent change to the rules, an applicant's relevant experience now counts towards formal education degrees referenced below! See Per 405.01.

18 Months of additional relevant experience = Associate's degree

36 Months of additional relevant experience = Bachelor's degree

54 Months of additional relevant experience = Master's degree

 

Minimum Qualifications: 

Education: A bachelor’s degree from a recognized college or university with a major in Finance, Accounting, Business, or Utility Economics.

Experience: Four years of utility industry relevant technical or finance experience desired.

License/Certification: A licensed certified public accountant (CPA) in New Hampshire. Certified Internal Auditor (CIA) or Certified Financial Analyst (CFA) is desired.

Preferred Qualifications:  A master’s degree or PhD from a recognized college or university with a major in Finance, Accounting, Business, or Utility Economics. 

Responsibilities:

Serve as one of the utility experts advising the Commission, which has jurisdiction over $3.3 billion in NH utility spending. In addition to the aforementioned responsibilities, specific day-to-day duties in this position include:

1. Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
2. Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
3. Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
4. Supervise auditing of establishments and determine scope of investigation required.
5. Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
6. Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
7. Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
8. Prepare, analyze, or verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
9. Conducting the following types of analysis: Capital Investment, O&M expense, examining physical infrastructure assets, assets conditions, Cost and Cost-control, Asset-Based valuation, O&M recurrent expense schedule, and Ancillary loading factors.
10. Advising commission on utility financial matters.
11. Preparing financial documents, reports, or budgets.
12. Advising the Commission on technical matters, especially rate setting.
13. Preparing briefing material related to docketed and non-docketed matters.
14. Analyzing the impact of Commission orders on ratepayers, utility shareholders, and the general welfare of the state.
15. Researching and performing analysis of specific utility issues, regulatory reform, stability of utility systems, and long-term planning around the supply of electricity, gas, and water.
16. Staying abreast of the impact of policies, regulatory requirements, wholesale market trends, industry standards, technologies, demand response initiatives, energy efficiency programs, and other developments on customer energy use.

 

Disclaimer Statement: The supplemental job description lists the essential functions of the position and is not intended to include every job duty and responsibility specific to the position. An employee may be required to perform other related duties not listed on the supplemental job description provided that such duties are characteristic of that classification.

 

*TOTAL COMPENSATION INFORMATION

The State of NH total compensation package features an outstanding set of employee benefits, including:  HMO or POS Medical and Prescription Drug Benefits:  The actual value of State-paid health benefits is based on the employee's union status, and employee per pay period health benefit contributions will vary depending on the type of plan selected.

See this link for details on State-paid health benefits: https://www.das.nh.gov/hr/benefits.aspx

Value of State's share of Employee's Retirement: 13.85% of pay

 

Other Benefits:

* Dental Plan at minimal cost for employees and their families ($500-$1800 value)

* Flexible Spending healthcare and childcare reimbursement accounts

*State defined benefit retirement plan and Deferred Compensation 457(b) plan

*Work/life balance flexible schedules, paid holidays and generous leave plan

*$50,000 state-paid life insurance plus additional low-cost group life insurance

*Incentive-based Wellness Program (ability to earn up to $500)

Total Compensation Statement Worksheet:  https://www.das.nh.gov/jobsearch/compensation-calculator.aspx

Want the specifics? Explore the Benefits of State Employment on our website: https://www.das.nh.gov/hr/documents/BenefitBrochure.pdf   https://www.das.nh.gov/hr/index.aspx