PUC Jobs Board

The Public Utilities Commissions of Ohio (PUCO) affect nearly every household in Ohio. The PUCO regulates providers of all types of utility services which includes electric and natural gas companies, local and long-distance telephone, water and wastewater, and rail and trucking companies. More recently, the PUCO gained responsibility for facilitating competitive utility choices for Ohio consumers.

To carry out our responsibilities, the PUCO employs a professional staff that includes engineers, economists, attorneys, and safety inspectors. Continually monitoring the activities of utility and transportation companies, the PUCO works to ensure safe and reliable services for all Ohioans.

Our mission is to assure all residential and business consumers access to adequate, safe and reliable utility services at fair prices, while facilitating an environment that provides competitive choices.

Regulatory Financial Analyst (Securities Analyst 4)

Rates & Analysis Department

Accounting & Finance Division

Hourly Rate: $35.31 (commensurate with experience)

About Rates and Analysis Department:

The Rates and Analysis Department participates in federal and state programs and investigations regarding energy policy, delivery, and reliability; monitors and advises on utility conformance with prudent corporate oversight practices and procedures; monitors energy efficiency and portfolio compliance requirements; processes utility rate change requests and performs technical investigations. The department is comprised of accounting and finance, grid modernization and retail markets, and regulatory utility services divisions.

What You'll Do:

In this position as a Securities Analyst 4, your duties will consist of:

• Primarily serve as a cost of capital expert with responsibility to calculate and recommend cost of equity estimates as part of a rate of return study in rate case proceedings
• Responsible to review financing applications seeking PUCO authorization to issue both short- and long-term securities consisting of debt and/or equity
• Choose and apply appropriate financial methods and techniques of independent investigation of financial statements to determine a company's profitability and financial capabilities for ongoing operations
• Review corporate financial policy and practices, financial management, and budget process
• Monitor credit quality metrics and evaluate potential impacts of utility applications on financial condition and credit quality (e.g., debt issuances, rate cases, corporate restructuring, mergers, and acquisitions

PUCO core hours of operation are Monday-Friday from 8:00am to 5:00pm, however, daily start/end times may vary based on operational need across PUCO departments. Most positions perform work on-site at the PUCO Central Office. The PUCO offers flextime work schedules that allow an employee to start the day as early as 6:00am or as late as 10:30am. Flex-time schedules are based on operational need and require supervisor approval.

Salary Information: Unless required by legislation or union contract, starting salary is set at the lowest rate of the salary range. In most cases, successful employees will increase a step in the salary range within six months, with subsequent step increases occurring every year. In addition, the State of Ohio offers cost of living adjustments, longevity supplements after five years of public service, and wellness incentives.

Report in location: 180 E. Broad St., Columbus, Ohio 43215, Franklin County.

At the State of Ohio, we take care of the team that cares for Ohioans. We provide a variety of quality, competitive benefits to eligible full-time and part-time employees*. For a list of all the State of Ohio Benefits, visit our Total Rewards website! Our benefits package includes:

• Medical Coverage
• Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
• Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
• Childbirth, Adoption, and Foster Care leave
• Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
• Public Retirement Systems (such as OPERS, STRS, SERS, and HPRS) & Optional Deferred Compensation (Ohio Deferred Compensation)

*Benefits eligibility is dependent on a number of factors. The Agency Contact listed above will be able to provide specific benefits information for this position.

24 mos. exp. performing criminal investigations; 60 mos. trg. or 60 mos. exp. in state &/or federal laws & regulations & agency's policies & procedures governing investment securities & investment securities examining practices & in performing securities examinations; 1 course or 3 mos. exp. in public relations; 1 course in technical writing or 3 mos. exp. writing technical reports & correspondence; 1 course or 3 mos. exp. in general management principles/techniques; valid driver's license.

-Or 24 mos. exp. examining financial records for firm, government agency or financial institution; 60 mos. trg. or 60 mos. exp. in state &/or federal laws & regulations & agency's policies & procedures governing investment securities & investment securities examining practices & in performing securities examinations; 1 course or 3 mos. exp. in public relations; 1 course or 3 mos. exp. in general management principles/techniques; valid driver's license.

-Or completion of undergraduate core program in business administration (i.e., accounting or finance); 60 mos. trg. or 60 mos. exp. in state &/or federal laws & regulations & agency's policies & procedures governing investment securities & investment securities examining practices & performing securities examinations; 1 course in technical writing or 3 mos. exp. writing technical reports & correspondence; 1 course or 3 mos. exp. in public relations; 1 course or 3 mos. exp. in general management principles/techniques; valid driver's license.

-Or 12 mos. exp. as Securities Analyst 3, 66613.

-Or equivalent of Minimum Class Qualifications for Employment noted above.

Job Skills: Business

Applications must clearly indicate how the applicant meets the minimum qualifications for the position. All answers to the supplemental questions must be supported by information provided in the work experience and/or education sections on your civil service application. If you have attached supporting documents in the past, you must make them relevant on your current application. If you do not demonstrate how you meet minimum qualifications in the supplemental questions, your application may be disqualified from consideration.

*****Written and/or oral assessments will be administered in person as part of the selection process at our Columbus, Ohio central headquarter office.*****

Selection devices, proficiency testing, and/or assessments may be used to determine if an applicant meets and is proficient in the minimum qualifications for this position. If you are applying for the same classification within a six-month period, your previous score from the selection instrument (interview, proficiency test, and/or assessment) may be carried forward for consideration.

Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services, activities, programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.

The State of Ohio is a drug-free workplace which prohibits the use of marijuana (recreational marijuana/non-medical cannabis). Please note, this position may be subject to additional restrictions pursuant to the State of Ohio Drug-Free Workplace Policy (HR-39), and as outlined in the posting.