Position Purpose:
The Regulatory Analyst is responsible for a variety of gas cost accounting as well as state and federal regulatory functions to ensure the integrity of gas costing information and the Company's compliance with state and federal regulations. In particular, the Regulatory Analyst compiles and analyzes gas costing information used in financial reporting (SEC, IRS, NCUC, SCPSC, TRA, etc.) and fulfillment of regulatory requests. The position is responsible for recording all cost of gas entries, including all related regulatory deferred accounts and inventory accounts. The Regulatory Analyst is also responsible for working with regulatory agencies and other PNG departments to ensure regulatory requirements and requests are met in an accurate and timely manner. In addition, the Regulatory Analyst may represent PNG to the various regulatory agencies as directed by the Director - Gas & Regulatory Accounting.
Dimensions:
The cost of gas accounts for approximately 75% of total Company expenses, in excess of $1.0 billion annually, and gas inventories and regulatory assets and liabilities can be significant. In addition, regulatory reporting represents unique reporting for each of the three state jurisdictions and federal regulatory reporting activities.
Nature and Scope:
The Regulatory Analyst is responsible for the receipt, analysis and reporting of gas cost accounting information from/to internal and external sources. The accuracy and timeliness of the gas cost information analyzed by the Regulatory Analyst is critical and sensitive in nature. The Regulatory Analyst assists other Analysts in compiling and analyzing cost information. Activities include preparation and checking of journal entries affecting revenues, cost of gas, regulatory assets and liabilities, in accordance with generally accepted accounting principles and regulatory directives.
The Regulatory Analyst performs regulatory compliance and reporting activities as assigned by department management. This position requires a basic knowledge of accounting theory, principles, and terminology. Strong communication and teamwork skills are required to perform information gathering, analysis and reporting. Interaction and communication with department management is necessary through verbal presentation and written requests. Incumbent must possess organizational, analytical, problem-solving and oral and written communication skills. In addition, the incumbent should have excellent interpersonal skills to develop and maintain effective working relationships with all levels of management and staff.
In performing gas cost accounting and regulatory reporting activities, the incumbent is to abide by the Code of Ethics and accounting standards determined by the AICPA and FERC.
Requisition ID: 2909
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Piedmont Natural Gas
North Carolina United States
www.piedmontng.com
