Utility Regulatory Audit

This is a first-level professional position accountable for regulatory auditing or financial analysis work. Employees in this class review and audit utility financial data in order to make recommendations to the Missouri Public Service Commission regarding utility revenue requirements in general rate proceedings. Work also involves analysis and evaluation of management controls, financial data, standard production rates, cost allocations, depreciation issues, fiscal procedures, spending priorities, and the promotion of efficient and economical utilization of resources. Employees also assist in research and analysis of the financial aspects of public utility operations.

This is a professional position accountable for conducting audits of all sizes and types of utilities and performing specialized or advanced duties in one or more of the major phases of auditing by evaluating the procedures and techniques of public utility companies under the authority of the PSC. Employees at this level may serve as lead auditor on portions of audits or complete audits.

This is a supervisory utility regulatory audit position accountable for providing direct or technical supervision to auditors conducting research; preparing technical, informative, or operational reports and papers; or working on projects of all sizes and utility types. Employee supervision includes hire recommendations, training, planning and assigning work, performance assessment, coaching, and progressive discipline. Supervision at this level also requires these employees to have the knowledge and skills to perform the work overseen.

This is a managerial utility regulatory audit position accountable for designing, planning, implementing, and managing a major or statewide utility audit program. At this level employees supervise a team of professional employees. Work requires advanced knowledge of laws and regulations and the ability to address program operational and technical issues and problems. Employee supervision includes hire recommendations, training, planning and assigning work, performance assessment, coaching, and progressive discipline. Supervision at this level also requires these employees to have the knowledge and skills to monitor and review the work overseen. Employees may also participate in fiscal management to include budget development and monitoring of expenditures.