This information is for reference only. These classifications are no longer valid and were replaced 7/1/2020.
This is highly specialized professional work performing financial analysis, research, and evaluation of public utility operations for the Missouri Office of the Public Counsel.
Applicants must meet one of the following eligibility requirements:
(The following minimum qualifications will determine merit system eligibility. Allowable experience and education substitutions are provided in italics below the corresponding minimum qualification statement; no other substitutions will be permitted. These minimum qualifications may also be used to evaluate applicants for Missouri Uniform Classification and Pay System positions not requiring selection from merit registers.)
Two or more years of experience as a Public Utility Accountant with the Missouri Office of the Public Counsel or as a Utility Regulatory Auditor with the Missouri Public Service Commission.
OR
A Bachelor’s degree from an accredited college or university with a minimum of 24 earned credit hours in Accounting, Economics, Finance, Public or Business Administration, or a closely related field, and;
Two or more years of professional financial analysis experience in a rate-setting regulatory agency or public utility.
(24 earned graduate credit hours from an accredited college or university in Accounting, Economics, Business, Finance and Banking, or International Business may substitute for one year of the required experience.)
(Additional qualifying experience may substitute on a year-for-year basis for deficiencies in the required education.)
OR
A Master’s of Business Administration degree from an accredited college or university with a minimum of 12 earned graduate credit hours in Accounting, Economics, Finance and Banking, or International Business.
This description may not include all of the duties, knowledge, skills, or abilities associated with this classification.
Prepares and presents expert testimony regarding the rate of return in utility rate cases before the Missouri Public Service Commission; assists legal staff with the preparation of briefs and cross-examination of witnesses.
Creates, maintains, and updates computer-based data files of financial information submitted by public utility companies.
Monitors earnings of Missouri public utilities.
Analyzes and makes recommendations regarding public utility financing applications, mergers, and asset sales/acquisitions.
Conducts research and analysis of the financial aspects of public utility operations.
Participates in planning and organizing finance-related projects pertaining to the operations of state-regulated utility companies.
Exercises considerable independence in the performance of assigned duties; receives general administrative direction.
Performs other related work as assigned.
Comprehensive knowledge of cost of capital concepts and cost of equity methodologies.
Comprehensive knowledge of capital markets and corporate finance.
Intermediate knowledge of trends and practices in utility financing, operations, and regulations.
Intermediate knowledge of rate-making practices and theories for jurisdictional utilities.
Ability to analyze and interpret economic and financial data such as financial statements, stockholder reports, and outside reference materials pertaining to the public utility industry.
Ability to effectively communicate the results of research and analysis.
Ability to testify as an expert witness under cross-examination.
Ability to comprehend laws and rulings pertaining to the public utility industry.
Ability to comprehend and apply statistical models.
Ability to use personal computers and associated software.
Ability to establish and maintain effective working relationships with the Missouri Public Service Commission staff, other government officials, utility company representatives, and the general public.
Ability to travel as needed to carry out the responsibilities of the position.