STATE OF NEW HAMPSHIRE
HUMAN RESOURCES
CLASSIFICATION: ASSISTANT FINANCE DIRECTOR, PUBLIC
UTILITIES COMMISSION
Class Code: 0458-29
Date Established: 01-15-52
Occupational Code: 7-2-6
Date of Last Revision: 12-28-01
BASIC PURPOSE: To assist in the direction of all
aspects of a department responsible for the audit, analysis and review of
public utility financial operations, including financing, rate cases and
various utility studies filings related to public utility regulation.
CHARACTERISTIC DUTIES AND RESPONSIBILITIES:
·
Plans, directs and
organizes financial reviews of public utilities requesting changes in rate
structures.
·
Acts as team leader
to coordinate with other sections of the Commission in developing in-depth
analysis of utility financial and operational procedures.
·
Prepares reports on
data necessary to analyze accounts, and develops information depicting trends
in public utility business.
·
Analyzes financial
audits prepared by subordinates and accounting reports submitted by public
utility companies, and compiles recommendations for the Commission.
·
Provides testimony
and cross-examines witnesses at Commission hearings.
·
Prepares accounting,
financial and statistical schedules for the Commission and conducts
presentations in finance or rate cases.
·
Consults with and
advises company officials regarding accounting procedures as they apply to
information and reports requested by the Commission.
·
Assists in
determining cost of capital, by conducting an analysis and study of utility
security issues, bonds, stock markets and interest rates.
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DISTINGUISHING FACTORS:
Skill: Requires skill in evaluating, planning
or integrating analysis of data to formulate current and long-range solutions,
strategies or policies of a specialized or technical nature.
Knowledge: Requires logical or scientific
understanding to analyze problems of a specialized or professional nature in a
particular field.
Impact: Requires responsibility for achieving
major aspects of long-range agency objectives by planning short- and long-term
organization goals, reviewing recommendations for procedural changes, and
developing or revising program policies.
Errors at this level result in incorrect decisions at an administrative
level, and are detected subsequent to implementation in an overall evaluation
process.
Supervision: Requires delegating supervisory or
program responsibilities to subordinate managers, with overall accountability
for hiring employees and approving program policies. The supervisor in this position assumes responsibility for
an organizational unit, including developing long-range plans, analyzing
staffing requirements, and formulating system wide policies and procedures.
Working Conditions: Requires performing regular job
functions in a controlled environment with minimal exposure to disagreeable job
elements and little risk of hazard to physical or mental health.
Physical Demands: Requires light work, including
continuous walking or operating simple equipment for extended periods of time
as well as occasional strenuous activities such as reaching or bending.
Communication: Requires acting as the official
representative of the agency, including explaining and defending current and
long-range goals or objectives which directly affect public policy decisions
regarding major state programs and services.
Complexity: Requires evaluating a combination of
wide-ranging job functions to determine work procedures, to solve problems, and
to reach conclusions by applying analytical, technical, or scientific thinking. This level also requires planning
policies and long-term strategies, drawing conclusions based on available
criteria, and evaluating the effectiveness of program objectives.
Independent Action: Requires independent judgment in
planning and evaluating work procedures and in supervising the development of
professional, technical and managerial standards under administrative direction
and according to broad departmental guidelines.
MINIMUM QUALIFICATIONS:
Education: Bachelor's degree from a recognized college
or university with a major study in accounting, business or public
administration, finance or mathematics.
Each additional year of approved formal education may be substituted for
one year of required work experience.
Experience: Seven years' professional experience in
accounting and auditing work, preferably with utility rates and finances.
License/Certification: None required.
RECOMMENDED WORK TRAITS: Knowledge of modern principles, methods
and techniques of administrative management. Knowledge of accounting and auditing principles and
methods. Ability to analyze and
interpret mathematical and verbal data.
Ability to devise audit procedures and techniques. Ability to instruct utilities personnel
in compliance with accounting classifications. Ability to properly execute annual return forms. Ability to supervise or conduct a
complete audit of utility records.
Ability to effectively testify and cross-examine at quasi-judicial
hearings. Ability to interpret and
apply policies and regulations in delegating responsibility and systemizing
procedures. Ability to express
ideas clearly and concisely.
Ability to establish and maintain effective working relationships with
associates and representatives of public utility companies. Skill in dealing with difficult
auditing problems. Skill in
analyzing complicated financial documents. Skill in communications. Must be willing to maintain appearance appropriate to
assigned duties and responsibilities as determined by the agency appointing
authority.
DISCLAIMER STATEMENT: This class specification is descriptive
of general duties and is not intended to list every specific function of this
class title.
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Last Updated 05/10/02
URL: /hr/classspec_a/0458.htm