Salary: $3,239.25 Biweekly
Location : Anchorage, AK
Job Type: Full Time
Job Number: 51174
Department: Commerce, Community, and Economic Development
Division: Regulatory Commission of Alaska
Opening Date: 08/21/2025
Closing Date: 9/11/2025 5:00 PM Alaska
Division: Regulatory Commission of Alaska
Position Open To: Alaska Residents Only
Bargaining Unit: General Government
Range: 21
Job Description
The Regulatory Commission of Alaska is recruiting for a Utility Financial Analyst 3 position located in Anchorage!
What you will be doing:
The Utility Financial Analyst 3 (UFA 3) conducts detailed technical analysis of utility and pipeline carrier rate filings of the highest complexity, including financial audits of revenue requirement, cost of service, and rate design studies, as well as related testimony and proposed tariff revisions. This position verifies the mathematical accuracy and reasonableness of proposed rates by applying appropriate auditing techniques and generally accepted ratemaking principles, determining the elements of revenue requirements, including verification and normalization of operating expenses, rate base, allowance for taxes, and establishing the appropriate return on rate base or application of the times interest earned ratio (TIER).
The UFA 3 prepares highly detailed, well-supported recommendations to the Commission for presentation both in writing and orally, in public and adjudicatory settings. This position uses database applications to perform research, and spreadsheet/word processing applications to develop and review calculations and prepare written reports. The UFA 3 works with utility representatives and other Commission staff to ensure proposed rates are accurate and aligned with applicable authority, the Commissioners are well-informed, and Commission rulings are executed within statutory timelines.
Our organization, mission, and culture:
The Commission is charged with ensuring safe, efficient, and reliable utility and pipeline services are provided to Alaskans at just and reasonable rates. The availability of utility services, and the rates, rules, terms and conditions of those services are governed by statute and regulation and enforced by the Commission. Five full-time commissioners are appointed by the Governor and confirmed by the Alaska State Legislature, overseeing a team of analysts, administrative law judges, consumer protection officers and support staff.
The Commission regulates a broad range of utility services including electric, natural gas, natural gas storage, steam heat, pipeline, refuse, sewer, telecommunications, and water services, overseeing regulated entities through certification, regulation of rates and services, tariff review, dispute resolution, and consumer protection services. The Commission also calculates amounts for the power cost equalization (PCE) program and serves as an information resource for the executive and legislative branches of government.
Benefits of joining our team:
The Commission offers a competitive employment package including excellent benefits and flexible leave, a hybrid working environment, opportunities for professional growth and development, and the potential for advancement. As a member of the Advisory Section, the UFA 3 is part of a cohesive team of analysts specializing in finance, engineering, tariffs, and common carrier matters, working together to achieve a common goal for the benefit of Alaskans.
Collaboration is key to the success of the agency, including our reliable and consistent support staff. The new UFA 3 will receive hands-on internal training, coaching and support throughout the process, as well as opportunities for outside specialized training at both the state and national levels.
The working conditions you can expect:
The Commission is located in the heart of beautiful downtown Anchorage. The daily work environment is busy and productive with varying timelines to be managed. The UFA 3 works directly with utility representatives and other staff to ensure timely processing of rate filings. Staff presents recommendations and fields questions from Commissioners during confidential adjudications, public tariff action meetings or other public meetings. Most of the work is performed using spreadsheet, word processing, email and case management software.
We are interested in candidates who possess some or all of the following position specific competencies:
- Industry: Demonstrated experience with utility/pipeline carrier rate filings, including revenue requirement, cost of service, and rate design studies, as well as related testimony and proposed tariff revisions; working knowledge of utility/pipeline carrier regulation and issues and the operating practices of the utility industry; ability to understand, interpret, and apply Alaska regulatory statutes and regulations.
- Mathematical: Demonstrated experience with utility/pipeline carrier rate development using generally accepted ratemaking principles, determining the elements of revenue requirements, including verification and normalization of operating expenses, rate base, allowance for taxes, and establishing the appropriate return on rate base or application of the times interest earned ratio (TIER).
- Financial Analysis: Knowledge of the principles, methods, and techniques of financial analysis and auditing, forecasting, and modeling to interpret quantitative and qualitative data; includes data modeling, earned value management, and evaluating key financial indicators, trends, and historical data.
- Writing: Demonstrated ability to use correct English grammar, punctuation, and spelling to produce written information, which may include technical material, for different audiences; ability to write clearly, concisely, and effectively develop conclusions and provide recommendations.
- Presentation: Demonstrated experience preparing complex technical reports and delivering oral presentations, making recommendations and fielding questions.
Due to the recent recruitment hiring freeze, only positions necessary to protect the health and safety of Alaskans and that meet essential State responsibilities will be filled.
Minimum Qualifications Any combination of education and/or experience that provides the applicant with competencies in
- Accounting: Knowledge of traditional accounting practices including accrual, obligations, and costs methods.
- Decision Making: Makes sound, well-informed, and objective decisions; perceives the impact and implications of decisions; commits to action, even in uncertain situations, to accomplish organizational goals; causes change.
- Reasoning: Identifies rules, principles, or relationships that explain facts, data, or other information; analyzes information and makes correct inferences or draws accurate conclusions.
- Technical Competence: Uses knowledge that is acquired through formal training or extensive on-the-job experience to perform one's job; works with, understands, and evaluates technical information related to the job; advises others on technical issues.
- Writing: Recognizes or uses correct English grammar, punctuation, and spelling; communicates information (for example, facts, ideas, or messages) in a brief, clear, and organized manner; produces written information, which may include technical material, that is appropriate for the intended audience.
Equivalent to those typically gained by:
Any combination of preparatory post-secondary education and/or progressively responsible professional level experience in accounting, finance, business administration, public administration, or a closely related field/industry.
Special Note: "Competencies" means a combination of interrelated knowledge, skills, abilities, and behaviors that enable a person to act effectively in a job or situation.
"Typically gained by" means the prevalent, usual method of gaining the competencies expected for entry into the job.
"Training" and "education" in this guidance are synonyms for the process of acquiring knowledge and skills through instruction. It includes instruction through formal and informal methods (such as classroom, on-line, self-study, and on-the-job), from accredited and unaccredited sources, and long-duration (such as a post-secondary degree) and short-duration (such as a seminar) programs.
"Professional experience" means work that is creative, analytical, evaluative, and interpretive; requires a range and depth of specialized knowledge of the profession's principles, concepts, theories, and practices; and is performed with the power or right to decide or act according to one's own judgment.
"Progressively responsible" means indicating growth and/or advancement in complexity, difficulty, or level of responsibility.
Additional Required Information At time of application, applicants are required to submit: - Post-secondary transcripts, if using education to meet minimum qualifications.
- At least two (2) originally authored writing samples.
At time of interview, applicants are required to submit: - Copies of your three (3) most recent evaluations; and
- Three (3) professional references who have had supervisory responsibility over you along with their daytime contact phone numbers.
EDUCATION If post-secondary education is required to meet the minimum qualifications, you must fill in the Education section of the application. If you have not obtained a degree, please indicate the number of units completed. Copies of transcripts are required to verify educational credentials if used to meet the minimum qualifications for a position. Transcripts can be attached at the time of application or provided at the time of interview.
WORK EXPERIENCE If using work experience not already documented in your application, also provide the employer name, your job title, dates of employment, and whether full-or part-time. Applications will be reviewed to determine if the responses are supported and minimum qualifications are clearly met. If they are not, the applicant may not advance to the interview and selection phase of the recruitment.
MULTIPLE VACANCIES This recruitment may be used for more than one (1) vacancy. The applicant pool acquired during this recruitment may be used for future vacancies for up to ninety (90) days after this recruitment closes. Interested applicants are encouraged to apply to each recruitment notice to ensure consideration for all vacancies.
NOTICE Questions regarding the application process can be directed to the Workplace Alaska hotline at 800-###-#### (toll free) or (907) ### ####. If you choose to be contacted by email, please ensure your email address is correct on your application and that the spam filter will permit email from the 'govermentjobs.com' domains. For information on allowing emails from the 'governmentjobs.com' domains, visit the Lost Password Help page located at
EEO STATEMENT The State of Alaska complies with Title I of the Americans with Disabilities Act (ADA). Individuals with disabilities, who require accommodation, auxiliary aides or services, or alternative communication formats, please call 1-800-###-#### in Juneau or TTY: Alaska Relay 711 or 1-800-###-#### or correspond with the Division of Personnel & Labor Relations at: P. O. Box 110201, Juneau, AK 99811-0201. The State of Alaska is an equal opportunity employer.
WORKPLACE ALASKA APPLICATION QUESTIONS & ASSISTANCE Questions regarding application submission or system operation errors should be directed to the Workplace Alaska hotline at 1-800-###-#### (toll free) or (907) ###-#### if you are located in the Juneau area. Requests for information may also be emailed to ...@alaska.gov.
For applicant password assistance please visit: Contact Information For specific information in reference to the position please contact the hiring manager at: Joy GordanierActing Advisory Section Manager ph: (907) ###-####
Careers with the State of Alaska offer MANY benefits The following information describes
typical benefits available to employees of the State of Alaska. Actual benefits received may differ by bargaining unit or branch of government, position type, or be prorated for other than full time work.
For a quick breakdown of the insurance, health, and retirement benefits available for State Employees you can view an (Please note this video is specifically designed for new State Employees.)
Insurance Benefits - Health insurance, which includes employer contributions toward medical/vision/dental
- The following employee groups are under AlaskaCare Benefits administered by the State: See for additional information.
- AVTEC
- Confidential
- Correctional Officers
- Marine Engineers
- Mt. Edgecumbe Teachers
- Supervisory
- Unlicensed Vessel Personnel/Inland Boatman's Union
- Exempt employees (not covered by collective bargaining)
- The following employee groups are covered by Union health trusts. Contact the appropriate Union for additional information.
- General Government
- Labor, Trades and Crafts
- Public Safety Employees Association
- Masters, Mates & Pilots
- Employer paid Basic Life insurance with additional coverage available (amount depends on Bargaining Unit)
Optional Insurance Benefits - Group-based insurance premiums for
- Term life (employee, spouse or qualified same sex partner, and dependents)
- Long-term and short-term disability
- Accidental Death and Dismemberment
- Long-term care (self and eligible family members)
- Supplemental Survivor Benefits
- Employee-funded flexible spending accounts for tax savings on eligible health care or dependent care expenses
Retirement Benefits - Membership in the Public Employees Retirement System (PERS)/Teachers' Retirement System (TRS)
- Matching employer contribution into a defined contribution program (new employees)
- Employer contribution into a defined benefit or defined contribution program (current employees)
- Contributions to the Alaska Supplemental Annuity Plan in lieu of contributions to Social Security
- Option to enroll in the Alaska Deferred Compensation Program
- Note: The Defined Contribution Plan, Supplemental Annuity Plan and Deferred Compensation Program offer a variety of investment options
See for additional information
Paid Leave & Other Benefits - Personal leave with an accrual rate increase based on time served
- Twelve (12) paid holidays a year
01
Have you carefully read the minimum qualifications for this position, and are you certifying you possess the required experience and/or education to meet the minimum qualifications as stated?
02
Have you carefully read the requirements for this application, and are you certifying you have complied with every requirement stated?
03
Which of the following best describes your experience level with utility/pipeline carrier rate filings, including revenue requirement, cost of service, and rate design studies? The answer to this question must be clearly supported in your work history.
- I do not have enough skills to meet the definition of the Basic level below.
- BASIC: General understanding of the key components, calculations, concepts and terminology.
- INTERMEDIATE: Moderate experience reviewing/updating existing models and auditing routine data; Familiarity with key components, calculations, concepts and terminology; Experience applying standards where templates and clear precedent exist.
- ADVANCED: Extensive experience developing new models or templates and auditing complex data; Expertise with key components, calculations, concepts and terminology; Working with matters of first impression.
04
What level of experience do you have in the compilation, analysis, interpretation, and reporting of data regarding utilities, public administration, or a closely related field/industry? The answer to this question must be clearly supported in your work history.
- None, to little experience (<1 year)
- Limited experience (1+ year)
- Moderate experience (2+ years)
- Extensive Experience (3+ years)
05
What level of experience do you have producing written information, which may include technical material, for different audiences, writing clearly, concisely, and effectively? The answer to this question must be clearly supported in your work history.
- None, to little experience (<1 year)
- Limited experience (1+ year)
- Moderate experience (2+ years)
- Extensive Experience (3+ years)
06
What level of experience do you have preparing complex technical reports and delivering oral presentations, making recommendations and fielding questions? The answer to this question must be clearly supported in your work history.
- None, to little experience (<1 year)
- Limited experience (1+ year)
- Moderate experience (2+ years)
- Extensive Experience (3+ years)
07
Which of the following best describes your proficiency level with Microsoft Excel? (To qualify for the Intermediate level, you must also be able to perform the functions at the Basic level; to qualify for the Advanced level, you must also be able to perform the functions at Basic and Intermediate levels.) The answer to this question must be clearly supported in your work history.
- I do not have enough skills to meet the definition of the basic level below.
- BASIC: Create basic worksheets; create basic formulas; use basic functions; modify and format a worksheet; print workbooks.
- INTERMEDIATE: Use advanced formulas; organize tables and worksheets; create and modify charts; analyze data using Pivot tables; insert and modify graphic objects in a worksheet.
- ADVANCED: Conditional formatting; protect, share and merge files; trace cells and troubleshoot formula errors; consolidate data and link workbooks; export and import text files and other data.
08
Which of the following best describes your proficiency level with Microsoft Word? (To qualify for the Intermediate level, you must be able to perform the functions at Basic level; to qualify for the Advanced level, you must also be able to perform the functions at Basic and Intermediate levels.) The answer to this question must be clearly supported in your work history.
- I do not have enough skills to meet the definition of the Basic level below.
- BASIC: Create, save, preview and print a basic document; edit selected text; change font appearance; highlight text; format paragraphs with tabs, borders, shading and styles; page setup, use auto correct.
- INTERMEDIATE: Insert graphic objects and visual effects to a document; add tables to a document or convert tables to text; add watermarks, borders, headers and footers; use the word look up (thesaurus, dictionary); customize tables and charts.
- ADVANCED: Insert content using mail merge function; track changes and comments; insert bookmarks, footnotes and endnotes; add hyperlinks; cross-references and citations; link documents to excel worksheets.
Required Question