Regulatory Financial Analyst (Securities Analyst 4)

Ohio Department of Administrative Services•Columbus, OH

4d•Onsite

About The Position

The Rates and Analysis Department participate 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. 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.

Requirements

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.

Responsibilities

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