Salary: $11,479.64 – $15,383.84 Monthly
Location : Roseville
Job Type: Full-Time Regular
Job Number: 202300188
Department: Electric
Division: ELE Finance and Administration
Opening Date: 10/04/2023
Closing Date: 10/16/2023 11:59 PM Pacific
Bargaining Unit: Management
Description
ELECTRIC UTILITY FINANCIAL ADMINISTRATOR
Electrify Your Career
Help our team create success in fostering strong connections with partners inside and outside of Roseville Electric Utility, ensuring an exceptional customer service experience for all stakeholders!
The successful candidate will plan, organize, and direct activities associated with pricing, financial planning, analysis, reporting, budgeting, revenue & load forecasting, capital formation, and ratings agency relations within the Electric Department; will develop and implement the department’s broader financial strategy; will ensure the department has adequate liquidity to meet short and long term capital investment plans; will design customer rates that fairly and equitably recover the cost of service, will maintain full transparency regarding the organization’s financial performance and obligations; and will model excellence that inspires colleagues and staff in establishing an inclusive and safe workplace that attracts, motivates and retains diverse, talented employees.
Why chooseto work for the City of Roseville? The City of Roseville organization continues our commitment to pave the way for our reputation of the City as one of the best places to reside in the United States and our passion for providing City residents a quality of life unmatched. Be a part of these revolutionary changes and come work for a City that has, once again, been named one of the best places to live in the nation!
What the City of Roseville Offers:
- $137,755 to $184,606 annual salary
- Opportunities to Learn and Promote
- Competitive vacation and sick leave programs
- 10 paid holidays and 2 floating holidays annually
- Up to 100 hours of management leave per year, in addition to vacation time
- Bilingual pay opportunity
- Health and welfare benefits, with City contributions of up to $2,020 per month
- And much more!
The current vacancy is a regular, benefitted, and full-time position; however, the employment list established from this recruitment may be utilized to fill future regular and limited-term vacancies in the City for the duration of the list.
DEFINITION
To plan, organize, direct and supervise activities associated with financial planning, reporting, forecasting, and customer information services within the Electric Department; to manage rate design and analysis and load research and forecasting activities; to coordinate and monitor department budget; and to perform a variety of technical tasks relative to assigned area of responsibility.
SUPERVISION RECEIVED AND EXERCISED
Receives general direction from an Assistant Electric Utility Director.
Exercises direct supervision over assigned professional staff, technical and administrative staff.
Examples of Duties
Duties may include, but are not limited to, the following:
- Recommend and implement goals and objectives; establish performance standards and methods for financial planning, forecasting and customer information services activities; develop and implement policies and procedures.
- Plan, develop and oversee the work of staff involved in complex analyses and reporting as required by City and outside agencies including rate design and analysis, load research, load and revenue forecasting and budgeting, debt management, financial accounting and reporting and data management.
- Evaluate operations and activities of assigned responsibilities; recommend improvements and modifications; prepare various reports on operations and activities.
- Serve as liaison to City Finance department regarding complex utility related financial and accounting activities.
- Coordinate and participate in budget preparation and administration; prepare cost and revenue estimates for budget recommendations; submit justifications for staffing, equipment, material and supplies; monitor and control expenditures, transfers and adjustments; monitor and revise budget expense and revenue forecasts.
- Participate in the selection of staff; provide or coordinate staff training; work with employees to correct deficiencies; implement discipline procedures as directed.
- Manage customer rate analysis, rate design and rate planning activities; recommend rate changes as supported by statistical data collection and analysis; develop and implement rate and billing auditing and quality control procedures; design new billing practices to comply with new regulations.
- Manage the preparation of the utility’s short and long-term annual, quarterly and monthly financial plans and results; develop and present long term financial and rate plans to executive management, the public and City Council.
- In coordination with and under the direction of the City’s Finance Department, provide support for electric utility related financial accounting activities and reporting; provide support for accurate preparation of the utility’s annual financial report, City’s Comprehensive Annual Financial Report (CAFR) and other financial reporting activities.
- In coordination with executive staff, respond to credit rating agency inquiries; monitor and report on utility’s compliance with City Council and bond covenant financial criteria; evaluate and report on debt restructuring proposals.
- Develop and maintain the systems and processes to evaluate and prepare statistical, financial, utility billing and demographic data for use in staff reports, studies, surveys and complex analysis.
- Develop and manage RFPs; initiate, negotiate and maintain consulting contracts; develop and maintain stable and long term business relationships with third party service providers and industry contacts.
- Participate in the compilation and submission of regulatory compliance reports.
- Coordinate and oversee electric billing data warehousing activities; implement and manage associated and supporting information systems and processes.
- Oversee research, testing, management and implementation of data and software system resources and products for electricity load and revenue forecasting, load research, business analytics and associated processes.
- Research and analyze legislation that affects public electric utilities.
- Answer questions and provide information to the public; investigate complaints and recommend corrective action as necessary to resolve complaints.
- Build and maintain positive working relationships with co-workers, other City employees and the public using principles of good customer service.
- Perform related duties as assigned.
Minimum Qualifications
Knowledge of:
- Principles and practices of financial administration, including budgeting, financial reporting, and accounting.
- Advanced principles and practices of electric utility rate research, design, implementation and cost of service analysis.
- Advanced principles and practices of load and revenue forecasting, load research, and applied statistics.
- Advanced principles and practices of utility cost of service, overhead allocation and indirect cost allocation modeling.
- Governmental fund accounting processes and systems.
- Principles and practices of economic modeling including project cost-benefit analysis, return on investment, internal rate of return and net present value calculations and methodologies.
- Modern office procedures, methods and computer equipment.
- Principles and practices of research analysis and management.
- Principles and practices of supervision, training and performance evaluations.
- Principles and practices of budget monitoring.
- Principles and practices of safety management.
- Pertinent local, State and Federal laws, ordinances and rules.
Ability to:
- Organize, implement and direct financial and customer information services activities of the Electric Department.
- On a continuous basis, know and understand all aspects of the job; intermittently analyze work papers, reports and special projects; identify and interpret technical and numerical information; observe and problem solve operational and technical policy and procedures.
- On a continuous basis, sit at desk for long periods of time; intermittently twist to reach equipment surrounding desk; perform simple grasping and fine manipulation; use telephone, write or use a keyboard to communicate through written means; and lift or carry weight of 10 pounds or less.
- Interpret and explain pertinent rate design and forecasting results and department policies and procedures; make related public presentations.
- Develop, implement, coordinate and monitor a complex budget.
- Apply macro and microeconomic variables to electric financial activities.
- Coordinate and monitor department budget.
- Develop and recommend policies and procedures related to assigned operations.
- Supervise, train and evaluate assigned staff.
- Communicate clearly and concisely, both orally and in writing.
- Establish and maintain effective working relationships with those contacted in the course of work.
Experience and Training
Experience:
- Five years of increasingly responsible experience in utility related financial accounting, reporting, budgeting, analysis and/or rate design, including two years of direct supervisory responsibility. Experience in electric utility industry, regulatory accounting, ratemaking, or customer account analysis is desirable.
AND
Training:
- A Bachelor’s degree from an accredited college or university, preferably with major course work in accounting, business administration, public administration, economics, mathematics or a related field.
AND
License and Certificate
- Possession of a valid California driver’s license by date of appointment.
- Possession of a certified public accountant license preferred.
Supplemental Information
The City of Roseville is committed to a diverse workforce. We are engaged in understanding the needs and backgrounds of our colleagues and those we serve. Our organization is unified in this commitment, as we believe this produces the best results for our community.
ADDITIONAL INFORMATION:
- Detailed information on the City of Roseville recruitment practices can be reviewed on the page.
- The City of Roseville defines “accredited college or university” as an institution of higher learning and must be listed on the United States Department of Education Database of Accredited Post-Secondary Institutions and Programs website http://ope.ed.gov/accreditation.
- Credits earned from colleges, universities, and institutions listed as an accredited institution on this website will be considered as part of the educational component of the minimum qualifications for a classification.
The following options apply to the evaluation of college degrees from countries outside the United States:
- Educational background from a foreign country may be evaluated by an accredited United States college or university listed on the U.S. Department of Education Database of Accredited Post-Secondary Institutions and Programs website.
- Verification of degree equivalency may be obtained from organizations that provide foreign education credential evaluation services. The City of Roseville will accept verification from any of the listed member agencies found at or
- A copy of the foreign credential evaluation verification can be attached to the employment application.
- If you are offered a position with the City of Roseville, as a part of the pre-employment steps, applicants must provide a foreign degree credential equivalency certificate from an approved member agency above. Applicants who do not provide verification will be eliminated from further consideration.
SELECTION PROCESS
All candidates meeting the minimum qualifications will have their application scored in a Formula Rate Examination. The applicant’s experience and education will be evaluated using a pre-determined formula. Scores from this evaluation will determine applicant ranking and placement on the Employment List. Supplemental questions will be utilized by the department hiring authority to make interview and selection determinations. Final appointment is contingent upon a check of past employment references, passing a City-paid fingerprint check and depending on position applied for a pre-employment medical exam and a drug and alcohol screening test.
THE CITY OF ROSEVILLE IS AN EQUAL OPPORTUNITY EMPLOYER. IF YOU REQUIRE AN ACCOMMODATION DUE TO A DISABILITY, PLEASE CONTACT THE HUMAN RESOURCES DEPARTMENT AT LEAST 5 WORKING DAYS BEFORE A SCHEDULED INTERVIEW/EXAMINATION PROCESS. MEDICAL DISABILITY VERIFICATION MAY BE REQUIRED PRIOR TO ACCOMMODATION.
EMPLOYEE BENEFITS:
The City of Roseville offers competitive benefits packages to full-time employees. Regular part-time employees receive benefits on a pro-rated basis. For more information regarding the City’s benefits, visit our website Benefits currently include:
- Health, dental, and vision insurance benefits
- Cafeteria plan, plus City paid Flex credit
- Life insurance (City paid and optional supplemental employee paid)
- Flexible spending accounts for dependent and health/medical costs
- Employee assistance plan
- Retirement savings plan
- Deferred compensation plan(s)
- Short-term and Long-term Disability employee paid plans
- Educational reimbursement
- Vacation leave, sick leave, personal/management leaves
- Holiday pay (plus two floating holidays annually)
- Bilingual pay
- Longevity pay
GENERAL BENEFITS:
A majority of the employee benefits are similar for all City employees. There are benefits that differ depending on which bargaining unit the job classification is assigned. Exact benefits information can be found by visiting the Benefits webpage and selecting the specific bargaining unit group.
TEMPORARY POSITIONS:
Most benefits do not apply to the City’s temporary positions. Temporary employees that work 1,500 hours annually may elect medical insurance. Temporary employees contribute to a retirement plan depending on the status of total hours worked annually.
01
Your response to the supplemental question 3-6, the applicant’s education, training and experience, will be scored using a pre-determined formula. Your responses to these questions must be consistent with your employment application information. This experience must also be described in the “Work Experience” section of this application. Responses to the supplemental questionnaire that are inconsistent from your “Work Experience” section in the application will not be scored. I understand and agree with the above instructions.
- Yes I agree.
- No I do not agree.
02
Was any of the work experience listed on your application an unpaid internship, or volunteer work? If so, please list below which ones.
03
The minimum education requirement for this position is a Bachelor’s degree from an accredited college or university. Do you meet this requirement?
- Yes, I possess a minimum of a Bachelor’s degree.
- No, I do not possess a Bachelor’s degree.
04
How many years of responsible experience in utility-related financial accounting, reporting, budgeting, and analysis or rate design do you possess?
- Less than five years of experience
- 5-7 years of experience
- 7+ years of experience
05
How many years of direct supervisory experience do you possess?
- Less than 2 years of experience
- 2-4 years of experience
- 4+ years of experience
06
How many years of experience do you possess related to customer rate analysis, rate design and rate planning, and/or billing practices to new regulations?
- Less than one year of experience
- 1-3 years of experience
- 3-5 years of experience
- 5+ years of experience
07
Please identify the most important challenges facing Roseville Electric Utility under the scope of responsibility of this position.
08
Please share your thoughts on the competencies necessary to be effective in this leadership role.
09
Please indicate the years of experience that you possess with implementing and maintaining electric industry load forecasting tools such as Itron’s Load Research System (LRS), Matrix ND, and Matrix LT software.
- Less than 2 years of experience
- 2-4 years of experience
- 4+ years of experience
Required Question