Are you looking for a fantastic career at Essential Utilities? We have an outstanding opportunity for a Finance & Rates Analyst in the BrynMawr, PA area!
The Finance and Rates Analyst II prepares, supports, analyzes and provides testimony for the financial and compliance filings related to regulatory requirements for the Company while developing and retaining corporate knowledge related to all financial aspects of rates cases.
Additionally, this individual will develop and maintain financial models and analyses for operational, compliance and internal financial reports to use for annual operating budgets and strategic business plans.
Primary
Duties and Responsibilities
- Assists in preparing rate cases by providing general accounting assistance, analysis and forecasting of the need for and the timing of rate increases.
- Assists in the preparation of base rate case minimum filing requirements as required.
- Assists in the preparation of revenue and billing analysis, rate case support schedules, exhibits, testimonies, answers to interrogatories, and provides support for witness litigation processes.
- Interfaces with other departments to determine future rate case adjustments.
- Assists in the preparation of timely and accurate regulatory filings such as: Quarterly DSIC, Earnings Reports, Original Cost Studies, and any Commission directed requests for information.
- Provides support and assistance for other regulatory filings including Asset Optimizations Plans, Long-Term Infrastructure Improvement Plans, and Annual Depreciation Studies.
- Assists with updates to the company’s Water and Wastewater tariffs.
- Ensures tariffs are posted to internal and external websites.
- Supports Manager of Rates and Planning and the Regional Controller on potential acquisition due diligence including: financial modeling, valuation analysis, finance and accounting due diligence, tariff and rate design, expense analysis, presentation preparation, application preparation and original cost study filings.
- Supports Manager of Rates and Planning with the coordination, preparation, analysis and consolidation of annual operating budget.
- Interfaces with various business owners to complete annual operating budget.
- Supports Manager of Rates and Planning and the Regional Controller in the preparation, analysis, and submission of its strategic business plan.
- Tracks organization’s progress against financial goals.
- Build and maintain financial models, reports, variance analyses, ad hoc reports and other complex financial models.
- Continuously streamline work process by modifying and automating reports.
- Develops and administers training (as required) to internal stakeholders regarding capitalization, tax repair, and budgeting policies of Aqua Pennsylvania, Inc.
- Researches and performs comparative analyses of public utility issues.
- Identifies trends and developments in competitive environments.
- Prepares forecasts and analysis of trends in finance and general business.
- Collects and analyzes financial information.
- Reconciles accounts.
- Performs other assignments as required.
Qualifications
- BA/BS Degree required2-5 Years of Experience
- Qualities of a Successful Analyst in this Position:
- Flexible, logical, accountable, approachable, and passionate about work
- Maintains positive team-building role during pressure-filled, deadline-driven crunch times
- Possess strong organizational/multi-tasking and project-planning skills
- Exhibits professionalism with internal and external contacts
- Organized with strong attention to detail and time management skills
- High degree of initiative; self-starter
- Communications with accuracy and precision in writing and speaking
- High degree of confidentiality required
- Trustworthy; strong personal integrity; emotional maturity
- Demonstrates high level of accountability and ownership.
- Executes with discipline and urgency
- Collaborative/Team oriented
Knowledge, Skills and Abilities
- Expertise in analytic problem solving
- Strong interpersonal skills
- Ability to perform complex computer model development
- Advanced level of technical writing ability A clear understanding of cost of service rate-making and utility regulation is an asset for this position
- Strong intermediate to advanced ability with Microsoft Office suite: Word‚ PowerPoint, Excel, Access and other technologies applicable to job
- Proficient with technology and re-evaluates process to increase efficiency, accuracy and appropriate level of documentation through the skilled application of technology tools; must be proficient in MS Excel, able to work independently and synthesize large amounts of information
