RRC - Financial Analyst II (Utility Rate Analyst)

RRC - Financial Analyst II (Utility Rate Analyst) (00051741)Organization: RAILROAD COMMISSION OF TEXAS

Primary Location: Texas-AustinWork Locations: RRC Headquarters 1701 N Congress Avenue Austin 78701

Job: Business and Financial Operations

Employee Status: Regular

Schedule: Full-timeStandard Hours Per Week: 40.00

Travel: Yes, 5 % of the Time

State Job Code: 1082

Salary Admin Plan: B

Grade: 22

Salary (Pay Basis): 4,801.16 - 7,235.04 (Monthly)

Number of Openings: 1

Overtime Status: Exempt

Job Posting: Aug 20, 2025, 3:30:12 PM

Closing Date: Sep 3, 2025, 11:59:00 PM

Description

The Railroad Commission of Texas is a state agency with primary regulatory jurisdiction over the oil and natural gas industry; pipeline transport and pipeline safety; natural gas utilities; the LP-gas industry, and surface mining operations. You can find more details about us on the Railroad Commission of Texas’ website here https://www.rrc.texas.gov/about-us/.

To support our mission to serve Texas, we need great people to join our team. We provide a great working environment along with outstanding benefits, including:

- Generous paid time off including vacation, sick time, and at least 12 paid holidays per year

- Flexible work schedules

- Retirement pension with a 150% agency match – you can watch this YouTube video that describes this amazing benefit https://www.youtube.com/watch?v=AJI6M7g73-w

- 401(k), 457(b) and Roth

- Health premiums 100% paid for full-time employees

- Tuition Reimbursement

- Wellness and Exercise Leave

- Career development programs/opportunities for advancement

For a complete list of our total compensation package please visit our website at https://www.rrc.texas.gov/about-us/jobs/. To view benefits available to all State of Texas employees visit the Employee Retirement Systems website at https://ers.texas.gov/benefits-at-a-glance.

Job Description

The Railroad Commission of Texas, recognized as a worldwide leader in the regulation of oil and gas, is seeking a Financial Analyst II to perform routine to complex financial analysis work to include reviews of rate change and other applications filed with the Commission. Work involves analyzing utility reports, testimony, accounting records, contracts, and other pertinent information for compliance with accounting standards, state laws, Commission regulations, and reasonableness of costs. Work under moderate to limited supervision with latitude for the use of initiative and independent judgment. Occasional travel may be required. Work is performed under the general supervision of the Section Director – Market Oversight Section. This position will work in the Market Oversight Section,Gas Services Department, within the Oversight and Safety Division.

Essential Job Duties

- Analyze various utility filings to determine compliance with Texas Utilities Code, Commission rules, and Commission policy.

- Prepare written and/or oral expert testimony for use in contested utility rate proceedings. Work closely with attorneys and other professional staff throughout the various stages of contested cases.

- Testify as a witness on behalf of Commission Staff in contested rate cases.

- Participate in and lead rulemaking and other policymaking activities, in coordination with other divisions.

- Conduct investigations of compliance by natural gas utilities, common carriers and propane distribution companies with Texas Utilities Code, Commission rules, and Commission policy.

- Continue professional development to increase knowledge of utility ratemaking, including maintaining current knowledge of Texas laws and rules, and Federal Energy Regulatory Commission (FERC) accounting rules.

- Mediate informal industry disputes.

- Respond to inquiries from utilities, Commission staff, other government agencies, and the public regarding utility rate issues and competitive matters.

- Prepare, in conjunction with other staff as necessary, reports as required by the legislature, Commission action, or as directed by supervisors.

For Military Crosswalk information, please visit: https://hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_AccountingAuditingandFinance.pdf

Qualifications

Minimum Qualifications

- Bachelor’s degree from an accredited college or university.

- Two years or more of experience in financial analysis, accounting, auditing, or other related work experience.

- Experience using Microsoft Excel and Microsoft Word.

- Ability to communicate effectively, both orally and in writing.

Preferred Qualifications

- Graduation from an accredited college or university with major coursework in accounting, business administration, finance, economics, or a related field.

- Strong interpersonal and communication skills with the ability to work effectively within a diverse group.

- Licensed Certified Public Accountant (CPA), Certified Financial Analyst (CFA), Certified Rate of Return Analyst (CRRA), or actively pursuing certification.

- Prior work experience with a utility, utility representative, or utility regulatory commission.

- Experience analyzing transactions between regulated utilities and their affiliates.

- Understanding of and experience dealing with utility ratemaking principles and the ability to evaluate a utility’s cost of service, including revenue, expenses, rate base, cost of capital, cost allocation, and rate design.

Knowledge, Skills, and Abilities

- Proficiency with Microsoft Office applications, particularly Microsoft Excel and Microsoft Word.

- Knowledge of the FERC Uniform System of Accounts, Texas Utilities Code, and applicable Texas Administrative Code.

- Ability to effectively plan and organize several tasks, write concise, persuasive testimony, and defend positions through oral testimony.

- Ability to work independently and exercise sound judgment when dealing with complex and controversial issues.

- Ability to coordinate projects within the division and with other divisions.

- Must demonstrate excellent communication, writing, and organizational skills.

- Ability to maintain working relationships with internal/external stakeholders and be open to review from supervisors on work performance standards.

- Ability to respond to high pressure situations and meet changing demands and timelines.

- Ability to learn new regulations and standards to ensure compliance.

Miscellaneous Requirements

- This position may require additional work hours, including evenings, weekends, and/or holidays, to meet critical deadlines.

Work Hours: Standard office hours for Commission employees are 8:00 a.m. to 5:00 p.m., Monday through Friday. Our agency offers alternate schedules for employees, as long as it does not adversely affect operations and service levels, and standard hours of operation are maintained. Alternate work schedules may be discussed with the hiring manager during the interview process.

APPLICATIONS SUBMITTED THROUGH WORK IN TEXAS: Work In Texas (WIT) applicants must complete the CAPPS Recruit Prescreening Questionnaire to be considered for the posting. To complete the Prescreening Questionnaire, go to CAPPS Recruit to register or login: https://capps.taleo.net/careersection/ex/jobsearch.ftl?lang=en

Remarks:

- There is one available position.

- Official transcripts, DD214 or DD1300, copies of license/certifications, or other minimum requirement validations will be requested at the time of the job offer.

- Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa.

- Criminal background checks will be conducted on all final candidates. An applicant who has been convicted of a criminal offense relevant to the position may be disqualified from employment.

THE RAILROAD COMMISSION OF TEXAS ONLY ACCEPTS ONLINE APPLICATIONS FOR THIS POSTING.

Due to the high volume of applications we do not accept telephone calls. Only candidates selected for interview will be contacted. Notifications to applicants are sent electronically to the email address you provide.

The Railroad Commission of Texas is an Equal Opportunity Employer and does not

discriminate on the basis of race, color, national origin, sex, religion, age

or disability in employment or in the provision of services.

The Railroad Commission of Texas is a tobacco-free workplace.