***THIS RECRUITMENT MAY CLOSE WITHOUT FURTHER NOTICE DEPENDING ON THE NUMBER OF APPLICATIONS RECEIVED. APPLICANTS ARE ENCOURAGED TO APPLY AS SOON AS POSSIBLE*** Job Summary The Nevada Department of Taxation is seeking a Utility Valuation Analyst in the Centrally-Assessed Section of the Division of Local Government Finance in Carson City. Under general supervision, the incumbent will perform a variety of job duties including complex appraisals for utility and transportation corporations in various industries for property tax purposes, using appraisal, accounting, and financial knowledge and skills; collects and analyzes industry and individual utility companies' financial data to develop value indicators of corporate value; prepares narrative summaries to substantiate value; develops and applies capitalization rate studies for each industry; interprets and explains statutes, codes, procedures, timeframes, methodologies, forms, reports, results, instructions, and penalties with regard to billing, collection and distribution of property taxes when requested by interested parties including taxpayers, legislators, Tax Commission, and local governments; and serves as expert witness regarding valuations and assessment.
The incumbent will also assist in the appraisal of mines using advanced income approaches to value, including discounted cash flow models; and assists in the certification of net proceeds of minerals tax through desk review of financial reports. Utility Valuation Analysts appraise intercounty and interstate utilities and transportation companies for ad valorem tax purposes using appraisal, accounting and finance methods. Essential Qualifications Three or more years of applicable experience as described in the job duties and graduation from high school or equivalent education.
Job Duties Research, collect, and analyze financial data from industry and individual utility companies to develop value indicators for estimating corporate value. Prepare narrative summaries to substantiate value and develop and apply capitalization rate studies for each industry. Examine company reports and statements to accurately allocate assessments and distribute taxes to local governments.
Develop methods to forecast revenue and communicate projections for use in the local government budgeting process. Compile assessment and valuation data into reports and bulletins for review by boards and commissions. Disseminate information to corporate and government officials.
Interpret and explain laws, codes, policies, procedures, and results of valuation assessments to interested parties and to develop and apply valuation methodologies. Inspect and examine company records to determine compliance with instructions, timeframes, and accuracy. Detail timeframes, methodologies, forms, reports, results, instructions, and penalties to interested parties.
Serve as an expert witness regarding valuations and assessments. Perform related duties as assigned. Knowledge, Skills, and Abilities Knowledge of: Applicable federal and State laws, regulations, codes, reporting, requirements, and agency policies and procedures; reporting requirements for various commissions; legal terminology, documents, and descriptions.
Accounting principles and financial accounting standards; financial analysis; preparation of accounting reports, balance sheets, and income statements; application of macroeconomic principles; billing and collection procedures; forecasting/projection of revenue streams or assessment levels from property taxes. Corporate and shareholders' reports and Security and Exchange Commission forms; stock and bond data sources; local assessors' appraisal and taxing requirements, methods, and reports; property appraisal methods, principles, and practices; utility and transportation company operations. Skill in: Appraisal of utility and transportation companies.
Interpersonal and communication, both verbal and written. Use and operation of office and job-related equipment and software. Ability to: Organize, present, and defend valuations before the public, Board of Equalization, Tax Commission, and company representatives; appraise property.
Appraise property; read and understand financial reports; develop cost of capital studies. Recruiter Contact Information: Jennifer Kauble - jenniferkauble@admin.nv.gov The State of Nevada is an equal opportunity employer dedicated to building diverse, inclusive, and innovative work environments with employees who reflect our communities and enthusiastically serve them. All applicants are considered without regard to race, color, national origin, religion or belief, age, disability, sex, sexual orientation, gender identity or expression, pregnancy, domestic partnership, genetic information (GINA), or compensation and/or wages
Please send direct Inquiries or correspondence to the recruiter listed on this announcement.