State of Connecticut Executive Branch

Utilities Examiner 1 (1049AR)

$43.26-$55.63 Hourly / $3,460.12-$4,450.04 BiWeekly /
$90,309.00-$116,146.00 Yearly

PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Department of Energy and Environmental Protection and the Office of Consumer Counsel this class is accountable for independently performing a full range of tasks in the analysis, interpretation and evaluation of complex financial statements and statistical exhibits submitted by public utilities companies.

SUPERVISION RECEIVED

Works under the general supervision of and employee of higher grade.

SUPERVISION EXERCISED

May supervise accountants or accounts examiners of lower grade and/or an assigned clerical staff.

EXAMPLES OF DUTIES

  • Participates in design, preparation and review of annual reports of all utilities required to be filed with agency and auditing of books and records of utilities subject to regulation; 
  • Participates in design and installation of new accounting systems and revision of established systems; 
  • Assists in analysis, interpretation and evaluation of complex financial statements and statistical exhibits submitted by utilities in rate cases; 
  • Assists in development of specifications for computerized financial and accounting models; 
  • May conduct cross examination of company witnesses on financial exhibits submitted in rate cases; 
  • May draft interrogatories; 
  • May assist in the preparation of briefs; 
  • May be required to evaluate propriety of proposed issue of securities by Connecticut utilities in light of current security markets and accepted utility capitalization structures; 
  • May advise on effects of changes on operating results of utilities subject to agency regulation; 
  • Performs related duties as required.

KNOWLEDGE, SKILL AND ABILITY

  • Considerable knowledge of accounting and auditing principles and practices; 
  • Knowledge of
    • and ability to apply laws and regulations pertaining to public utilities; 
    • utility accounting practices; 
  • Skills
    • interpersonal skills; 
    • oral and written communication skills; 
  • Considerable ability to analyze and evaluate financial statements, accounting forms and accounting methods and procedures; 
  • Ability to utilize computer software.

MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE

Seven (7) years of experience in accounting or auditing.

MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE

One (1) year of the General Experience must have been at the professional working level of Accounts Examiner or Accountant.

MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED

  • College training in accounting may be substituted for the General Experience on the basis of fifteen (l5) semester hours equalling one-half (l/2) year of experience to a maximum of four (4) years for a Bachelor's degree.
  • A Master's degree in business, accounting or finance may be substituted for one (l) additional year of the General Experience.
  • Certification in any one of the following may be substituted for one (l) additional year of experience: Certified Public Accountant, Certified Internal Auditor.

SPECIAL REQUIREMENTS

  • Incumbents in this class may be required to travel.
  • Incumbents in this class may be required to possess and retain a valid Motor Vehicle Operator’s license.

JOB CLASS DESIGNATION

Classified/Competitive

OCCUPATIONAL GROUP

(01)-Accounting/Auditing

BARGAINING UNIT

(16)-ADMIN & RESID (P-5)

EEO

(2)-Professional

SALARY INFORMATION

AR 26

ACKNOWLEDGEMENT

As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes.  As such, a job class is not meant to be all-inclusive of every task and/or responsibility.

CANCELLATION CLAUSE

This replaces the existing specification for the class of Utilities Examiner 1 in Salary Group AR 26 approved effective February 15, 2012. (Revised to modernize format and add Acknowledgement section) Final No. 23-243

EFFECTIVE DATE

09/18/2023
CLASS: 1049AR; EST: 4/26/1974; REV: 9/18/2023;