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OUCC Utility Financial Analyst

Date Posted:  Sep 25, 2019
Requisition ID:  24545

Indianapolis, IN, US, 46204

Work for Indiana

Grow your career with the State of Indiana! With more than 50 executive branch agencies, the State of Indiana is a diverse workforce offering employees stimulating and challenging projects across a broad scope of career opportunities. As a State of Indiana employee, you impact the well-being of Indiana’s communities every day.


About the Indiana Office of Utility Consumer Counselor:

The OUCC’s mission is to represent all Indiana consumers to ensure quality, reliable utility services at the most reasonable prices possible through dedicated advocacy, consumer education and creative problem solving.  For more information about the OUCC, visit the website at, on Twitter at, or on Facebook at    



The salary for this position is commensurate with education and experience.


About the Job:

Come join a passionate team with a commitment to consumer advocacy.  The Indiana Office of Utility Consumer Counselor (OUCC), a state agency, seeks a Utility Analyst for its Water/Wastewater Division. 


The selected candidate will conduct a variety of financial reviews, which may be broad or narrow in scope and of varying complexity and difficulty. The candidate will review debt issuance proposals and the capital structure of certain utilities within the time constraints of the agency.  The candidate should be able to conduct Present Value and Future Value calculations.  The candidate will use creativity and resourcefulness to uncover and document irregularities or non-compliance.  This position must maintain confidentiality throughout the entire review process. The candidate must be able to manage multiple cases, prioritize workload and meet deadlines.


This position will receive general work assignments from a supervisor. The selected candidate will be expected to make decisions and exercise significant judgment in the application of agency policy and standards.  This position works with multi-disciplinary teams that includes attorneys, financial analysts, accountants, engineers and other specialists.  This position is responsible for preparing written reports, related work papers and testimony which supports judgments and conclusions for financial condition and compliance. The candidate must be able to meet deadlines, while handling multiple tasks.  The work product completed by this position is reviewed by a supervisor for compliance with agency policy and standards.  Some travel will be necessary. 


Using financial analysis and financial modeling experience, this Utility Analyst will help the OUCC advocate for utility customers in rate cases and other matters brought before the Indiana Utility Regulatory Commission (IURC).  This Utility Analyst will review utility financial records, draw conclusions from the information reviewed, make recommendations, and prepare written testimony.  Applicants should have strong writing and analytical skills and enjoy working as part of a team.

A Day in the Life:
  • Reviewing the financial statements of regulated water and wastewater utilities including evaluating the reasonableness of financial statements.
  • Proactively research current trends in capital markets.
  • Review and evaluate complex financial models.
  • Participating as a case team member on complex regulatory cases and being a significant contributor responsible for addressing accounting and regulatory issues.
  • Reviewing pre-filed testimony and gathering additional information through written requests, onsite reviews and other research methods.
  • Developing technical opinions, based on the review of utility financial statements and all other relevant utility applications, petitions, testimony, schedules and exhibits.
  • Drawing conclusions from information gathered during reviews to build case foundations that contribute to the overall case development.
  • Preparing persuasive written reports, testimony and accounting schedules to support OUCC positions and to make recommendations.
  • Testifying from time to time before the Indiana Utility Regulatory Commission (IURC). 
What We're Looking For:
  • Minimum of a Bachelor’s Degree in Finance.
  • An advanced degree in Finance or professional certification is a plus.


What You'll Get In Return:

The State of Indiana offers a comprehensive benefit package for full-time employees which includes:

  • Four (4) medical plan options (including RX coverage) and vision/dental coverages
  • Wellness program (offers eligibility into a discounted medical plan)
  • Health savings account (includes bi-weekly state contribution)
  • Deferred compensation account (similar to 401k plan) with employer match
  • Two (2) fully-funded pension plan options
  • Group life insurance
  • Employee assistance program that allows for covered behavioral health visits
  • Paid vacation, personal and sick time off
  • Competitive leave policies covering a variety of employee needs
  • 12 company paid holidays, 14 on election years
  • Qualified employer for the Public Service Loan Forgiveness Program
  • New Parent Leave


Equal Employment Opportunity:

The State of Indiana is an Equal Opportunity Employer

Current Employee? Click here to apply.

Nearest Major Market: Indianapolis