Railroad Commission of Texas · 19 hours ago
RRC - Financial Analyst II-III (Utility Rate Analyst)
Texas-AustinWork Locations
Full-time
Hybrid
Entry, Mid Level
$4,801.17/mo - $4,801.17/mo
2+ years expThe Railroad Commission of Texas is a state agency with primary regulatory jurisdiction over the oil and natural gas industry. They are seeking a Financial Analyst II-III to perform complex financial analysis work, including reviews of rate changes and compliance with accounting standards and regulations.
GovernmentOil and GasRailroad
No H1B
Responsibilities
Analyze various utility filings to determine compliance with Texas Utilities Code, Commission rules, and Commission policy
Prepare written and/or oral expert testimony for use in contested utility rate proceedings. Work closely with attorneys and other professional staff throughout the various stages of contested cases
Testify as a witness on behalf of Commission Staff in contested rate cases
Participate in and lead rulemaking and other policymaking activities, in coordination with other divisions
Conduct investigations of compliance by natural gas utilities, common carriers and propane distribution companies with Texas Utilities Code, Commission rules, and Commission policy
Continue professional development to increase knowledge of utility ratemaking, including maintaining current knowledge of Texas laws and rules, and Federal Energy Regulatory Commission (FERC) accounting rules
Mediate informal industry disputes
Respond to inquiries from utilities, Commission staff, other government agencies, and the public regarding utility rate issues and competitive matters
Prepare, in conjunction with other staff as necessary, reports as required by the legislature, Commission action, or other related assignments as directed by manager, team leaders or supervisors
Qualification
Required
A bachelor's degree from an accredited college or university in accounting, business administration, finance, economics, or a related field
Two or more years of experience in utility cost of service ratemaking, finance, accounting, or directly related work experience
Preferred
A graduate degree from an accredited college or university in accounting, business administration, finance, economics, or a related field
Strong interpersonal and communication skills with the ability to work effectively within a diverse group
Licensed Certified Public Accountant (CPA), Certified Financial Analyst (CFA), Certified Rate of Return Analyst (CRRA), or actively pursuing certification
Prior work experience with a utility, utility representative, or utility regulatory commission
Experience analyzing transactions between regulated utilities and their affiliates
Understanding of and experience dealing with utility ratemaking principles and the ability to evaluate a utility's cost of service, including revenue, expenses, rate base, cost of capital, cost allocation, and rate design
Benefits
Generous paid time off including vacation, sick time, and at least 12 paid holidays per year
Telework options for eligible positions
Flexible work schedules
Retirement pension with a 150% agency match – you can watch this YouTube video that describes this amazing benefit
401(k), 457(b) and Roth
Health premiums 100% paid for full-time employees
Tuition Reimbursement
Wellness and Exercise Leave
Career development programs/opportunities for advancement
Company
Railroad Commission of Texas
Railroad Commission of Texas is a government agency regulating oil and gas operations, drilling permits, and environmental oversight.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Brandon H.
Chief Information Officer
Cesar Saldivar, CIA, CFE, CGAP
Chief Administrative Officer
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