Valuation Analyst

Job Posting Title

Valuation Analyst

Agency

695 OKLAHOMA TAX COMMISSION

Supervisory Organization

Public Service

Job Posting End Date

Refer to the date listed at the top of this posting, if available. Continuous if date is blank.

Note: Applications will be accepted until 11:59 PM on the day prior to the posting end date above.

Estimated Appointment End Date (Continuous if Blank)

Full/Part-Time

Full time

Job Type

Regular

Compensation

Job Description

Valuation Analyst

Salary - $71,460

WHY YOU’LL LOVE IT HERE!

TRANSPARENCY. FAIRNESS. COMPLIANCE. The Oklahoma Tax Commission is committed to leading Oklahoma with unparalleled customer service. Our mission is to promote tax compliance through serving taxpayers with transparency and fairness in administration of the tax code and unparalleled customer service. Check out our About Us page to learn why we are passionate about tax compliance and believe it is the career for you!

There are perks to working for the OTC. We know that benefits matter, and that is why we offer a competitive benefits package for all eligible employees:

• •Generous state-paid benefit allowance to help cover insurance premiums.
• •A wide choice of insurance plans with no pre-existing condition exclusions or limitations.
• •Flexible spending accounts for health care expenses and/or dependent care.
• •A Retirement Savings Plan with a generous match.
• •15 days of paid vacation and 15 days of sick leave for full-time employees the first year.
• •11 paid holidays a year.
• •Paid Maternity leave for eligible employees.
• •Employee discounts with a variety of companies and venders.
• •A Longevity Bonus for years of service.

JOB SUMMARY

The Public Service Valuation Analyst is responsible for the central valuation of railroads, airlines, and public service corporations annually for ad valorem tax purposes. Analysts will coordinate and communicate either in-person or over the phone, with company representatives to gather, interpret and review corporate financial information for valuations. They will analyze company renditions, along with additional financial information and appraisals, and will use a standardized unit methodology for each industry. Analysts will assess the values upon completion of the annual valuation process and will apportion to the proper taxing jurisdictions. Analysts will determine if the appraisal meets the Oklahoma Tax Commission’s policy/procedure guidelines, statutory guidelines, regulatory standards, unit valuation standards and represents a fair estimate of property value. In addition, Analysts will work with Management to develop, implement, and administer appraisal guidelines, policies, and procedures.

DUTIES AND RESPONSIBILITIES

The functions performed by employees in this job family will vary, but may include the following:

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Determines Oklahoma Fair Cash Values for Airline, Railroad, and Public Service Corporation for ad valorem taxation.

Reviews and analyzes Public Service Annual Reports

Reviews and analyzes sworn lists or schedules, including Balance Sheets, Income Statements, and government regulatory reports

Identify reporting discrepancies or missing information from Public Service Annual Reports

Engage in discussions with taxpayers at informal conferences

Reviews proposed Intangible Personal Property Exemptions for unit valuation

Research and prepare Impact Study for release to the counties

Assists with apportionment questions from companies and counties

Research and determine Discovery of new Public Service Companies

Collaborates in determining yearly capitalization rate and equity rate

Completes internal company audits and protest summaries

Conducts research and analysis on Unit Valuation methodology

Assists in hosting, registering participants, and monitoring classrooms at the Annual Educational Conference

Presents at Annual Education Conference and other meetings as needed

Assists in training Co-workers

Maintains productivity in line with established benchmarks

Other duties or tasks as assigned by management, including special projects

COMPLEXITY OF KNOWLEDGE, SKILLS, AND ABILITIES

Knowledge of:

Generally accepted valuation approaches (cost, market and income), including discounted cash flow, replacement cost methods, capital asset pricing model, etc.

Computer technology principles, terminology, and automated systems, including Microsoft Office applications

Accounting, finance, and appraisal methodologies and principles

Financial Statements, including Balance Sheet and Income Statements

Government regulatory forms, Ex: FERC Forms, SEC, R1

Analytical principles

Skills in:

Strong time management, data collection, and organizational skills

Excellent critical thinking, problem-solving, and analytical skills

Exceptional attention to detail

Strong interpersonal skills and ability to work collaboratively with others

Proficient in Microsoft Office programs

Excellent written and verbal communication skills

Ability to:

Gather and analyze information to assist in reaching a Fair Cash Value.

Display objectivity, integrity, independent judgment, confidentiality, and ethical conduct

Professionally present your findings in a clear and concise manner

Perform highly independent work effectively in a fast-paced environment

Demonstrate efficiency, accuracy, and thoroughness

Communicate difficult and complicated topics with ease and simplicity

Work well independently and as part of a team

Prioritize tasks to meet deadlines with accurate and complete information

Accept responsibility for actions with honesty and integrity while remaining committed to organization success

Establish and maintain effective working relationships with others

MINIMUM QUALIFICATIONS

Education and Experience requirements at this level consist of

A bachelor’s degree in accounting, finance, business/public administration or a closely related field; PLUS, two years of experience in accounting, finance, business, appraisal work, unit valuation, or closely related work

OR an equivalent combination of education and/or experience in accounting, finance, business, appraisal work, unit valuation, or closely related work

PREFERRED QUALIFICATIONS

Preference may be given to applicants who:

Have experience with central or Unit Valuation

Have an understanding of Replacement Cost New Studies

OSU CLGT accredited in the Assessor Training and Accreditation (ATAP) program.

PHYSICAL DEMANDS

Ability to sit and stand for extended periods of time. Exhibit manual dexterity and hand-eye coordination to operate a computer, keyboard, photocopier, telephone, calculator, and other office equipment. Ability to see and read a computer screen and printed material with or without vision aids. Ability to hear and understand speech at normal levels, with or without aids. Ability to communicate clearly. Physical ability to lift up to 15 pounds, to bend, stoop, climb stairs, walk and reach. Duties are normally performed in an office environment with a moderate noise level.

SPECIAL REQUIREMENTS

This position requires occasional travel. Applicants must have reliable transportation and be willing and able to perform all job-related travel. Possession and maintenance of a valid Oklahoma State Driver’s License is also required.

Oklahoma Tax Commission’s normal work hours are Monday through Friday, 7:30am to 4:30pm. This schedule may require minor flexibility based on the needs of the agency.

Telework may be required based on the needs of the agency, division, and section. If applicable, applicant must be willing and able to BOTH work on-site and telework at an off-site location, generally in the applicant’s home. Applicant must have a secure internet connection and a dedicated telephone (landline) or smart phone device during scheduled working hours.

This position has access to Federal Tax Information (FTI) and is req