STATE CORPORATION COMMISSION
Anticipated Starting Salary: $50,000
Starting Salary Commensurate with Qualifications and Experience
Are you an individual who enjoys analysis, seeking answers, and learning new things? Are you interested in a rewarding public-service career? If so, the State Corporation Commission’s (SCC) Division of Utility Accounting & Finance (UAF) may be the place for you! The SCC seeks a Utility Auditor to perform entry-level professional accounting and auditing work in the regulation of public utilities. In this position, you will work in a team environment to audit public utility companies that provide electric, natural gas, water, or wastewater service to the citizens of Virginia. Traveling for audits or for training is required up to 25% of the time.
The SCC is the state agency responsible for the regulation of the rates of public utility companies (“company”) in Virginia, which is generally done through formal legal proceedings. As such, work will involve auditing the books and records of a company, analyzing various aspects of a company, understanding complex accounting transactions, and gaining expert-level knowledge of the utility industry. This will involve coordination with other team members or SCC divisions, and frequent communication with company or other external contacts. Results and recommendations are developed into reports or testimony in the context of a legal case. Because of the unique nature of this work, time is generally split between auditing and analyzing, writing the findings and recommendations, and preparing for and participating in legal proceedings. The legal proceedings may involve serving as an expert witness to discuss and support audit findings and recommendations. Teamwork and the ability to communicate are critical to this position, and the UAF division seeks individuals who thrive in team-oriented environments.
Ability to Grow
The Division of UAF encourages and supports continued learning. This includes monthly division training sessions, the ability to attend utility or accounting-related conferences, and industry training events. New employees typically will travel for one or more audits during their first year of employment, and will also attend the National Association of Regulatory Utility Commissioner’s Rate School training, which is held twice per year. Based upon the individual’s own growth, many auditors lead audits within their first two years of employment. Because of this unique opportunity to lead audits early in one’s career, the UAF division seeks individuals with leadership skills. In addition to training, the division of UAF also encourages employees’ further learning through Tuition Reimbursement programs for continued education and reimbursement of certain CPA exam costs in addition to a bonus upon passage of the CPA exam.
Preferred qualifications for this position include:
- A Bachelor’s or Master’s degree in Accounting or a post-baccalaureate certificate in Accounting with a graduation date between December 2016 and May 2018, with a minimum GPA of 2.75
- Eligibility to sit for the CPA exam (24 credit hours of accounting) or current CPA licensee
- Strong analytical ability
- Natural inquisitiveness
- Strong verbal and written communication skills
- Ability to effectively prepare written and present oral testimony in a court proceeding
- Ability to work successfully within team environments
- Exceptional reliability
- Intermediate to advanced proficiency with Microsoft Word and Excel
- Ability to travel up to 25% of the time
In addition to a rewarding work experience, the SCC offers core benefits including competitive health and life insurance programs, pre-tax spending accounts, leave programs, and paid holidays. Employees participate in a state retirement plan with options for tax-deferred retirement savings including employer matching. The state funds a short and long term disability program.
The SCC regulates various companies and industries in Virginia; therefore, to avoid any conflict, employees are required to sign a Conflict of Interest Form and must dispose of any stock they hold in a regulated company or dispose of any licenses or certificates they hold in any industry regulated by the SCC unless otherwise permitted. Employees also shall report employment of household members by a regulated company.
The SCC is an Equal Opportunity Employer. Military veterans and national service alumni are encouraged to apply. A background investigation is conducted on the selected candidate as a condition of employment. The SCC uses the E-Verify system to confirm identity and work authorization.
This position is classified as exempt under the provisions of the Fair Labor Standards Act (FLSA).
How to Apply
Please send your resume and unofficial transcript to Careers@scc.virginia.gov.