This position performs auditing duties and investigations of the financial and operating records of regulated utilities, utilizing laws, regulations and Commission policies to determine the appropriateness of cost recovery for Renewable Energy Plans (REP) and REP Reconciliations (Recons) for utilities with fewer than 2,000,000 customers and may assist auditing specialists with more complex auditing duties. Both types of utility implemented programs are the Public Service Commission's (PSC) regulatory responsibilities under Public Act (PA) 295, as amended by PA 342 of 2016 and PA 235 of 2023 (Act). Must stay informed of current federal, state, and local tax laws, generally accepted accounting principles, developments within the regulated utility industry and basic concepts involved in utility rate regulation. This position provides expert testimony in major contested cases. Auditing of these programs within this section of the PSC currently total over $50 Billion. Auditing will focus on the legislatively required standards of the Renewable Energy (RE) programs.
Education Possession of a bachelor's degree with at least 24 semester (36 term) credits in accounting.
Experience
Auditor 9 No specific type or amount is required.
Auditor 10 One year of professional experience auditing accounting, financial, and operations records equivalent to an Auditor 9.
Auditor P11 Two years of professional experience auditing accounting, financial, and operations records equivalent to an Auditor, including one year equivalent to an Auditor 10.
Auditor 12 Three years of professional experience auditing accounting, financial, and operations records equivalent to an Auditor, including one year equivalent to an Auditor P11.
Alternate Education and Experience
Alternate Education and Experience
Auditor 9 - 12 Possession of a bachelor’s degree with at least 24 semester (36 term) credits in one or a combination of the following: finance, economics, information systems, business analytics, data analytics, statistics, quantitative methods, data science, or management may be substituted for the education for agency positions responsible for internal auditing or Office of Auditor General positions responsible for auditing.
Possession of a Certified Internal Auditor certification or a Certified Information System Auditor certification may be substituted for one year of experience at the P11 level for positions responsible for internal auditing.
Possession of a Certified Management Accountant certification (CMA) may be substituted for six months of experience at the P11 level.
Possession of a Certified Public Accountant certification (CPA) may be substituted for one year of Auditor experience.