CAREER OPPORTUNITY
Financial Analyst
Retail Natural Gas & Electricity
COMPANY
Northeast Power, LLC
EMPLOYMENT
Full-Time
EXPERIENCE
3-4 Years Preferred
Position Summary
Northeast Power, LLC is seeking a Financial Analyst with experience in the retail energy industry, including natural gas and electricity. The ideal candidate will have three to four years of relevant experience and a working knowledge of Northeast energy markets, utility operations, customer billing, commodity costs, and retail energy margins.
This position will support financial reporting, forecasting, profitability analysis, accounting, and management decision-making. The Financial Analyst will work closely with finance, accounting, operations, sales, pricing, supply, and executive leadership.
Key Responsibilities
- Prepare monthly financial reports, forecasts, budgets, and variance analyses.
- Analyze revenue, commodity costs, gross margin, operating expenses, and customer profitability.
- Track financial performance by commodity, utility, market, customer class, product, and sales channel.
- Develop customer- and contract-level profitability analyses.
- Monitor retail natural gas and electricity volumes, usage, pricing, and margins.
- Assist with cash-flow forecasting, working-capital planning, and liquidity reporting.
- Review supplier invoices, utility data, settlement reports, and customer billing information.
- Reconcile billed and unbilled revenue, commodity costs, accounts receivable, commissions, and other financial accounts.
- Support monthly, quarterly, and annual financial closing procedures.
- Prepare journal-entry support, accruals, account reconciliations, and financial schedules.
- Assist with accounts payable and accounts receivable reporting, including aging, collections, bad-debt exposure, and vendor payments.
- Review broker and consultant commissions for accuracy and contract compliance.
- Analyze actual customer usage against forecasts, nominations, hedges, and supply costs.
- Identify margin leakage, billing discrepancies, operational inefficiencies, and unusual financial activity.
- Assist with annual audits, tax preparation, regulatory reporting, and requests from lenders, suppliers, and other business partners.
- Maintain financial models, reporting tools, dashboards, and supporting documentation.
- Develop and track key performance indicators for financial and operational performance.
- Support management with due diligence, strategic planning, acquisitions, financing activities, and special projects.
- Help develop and document financial controls, accounting procedures, and standard operating procedures.
Preferred Qualifications
- Bachelor's degree in finance, accounting, economics, business, or a related field.
- Three to four years of experience in financial analysis, accounting, or finance, preferably within the retail energy industry.
- Experience with retail natural gas, electricity, energy supply, utilities, or energy-service companies.
- Familiarity with Northeast energy markets, including NYISO, ISO New England, and PJM, is preferred.
- Understanding of retail energy billing, commodity settlements, customer usage, load forecasting, gross-margin analysis, and broker commissions.
- Working knowledge of accrual accounting, account reconciliations, journal entries, financial statements, and month-end closing procedures.
- Strong Excel skills, including pivot tables, lookup functions, financial models, and large-data analysis.
- Experience with accounting, CRM, billing, contract-management, business-intelligence, or energy-management systems is beneficial.
- Strong analytical skills, sound judgment, and close attention to detail.
- Ability to identify discrepancies, explain financial results, and communicate findings clearly.
- Ability to manage multiple priorities and work across departments in a fast-paced environment.
- High level of integrity and discretion when handling confidential financial and customer information.
What Northeast Power Offers
- Competitive salary based on experience.
- Benefits and incentive compensation, subject to company programs.
- Opportunity to work directly with senior leadership.
- Meaningful involvement in the continued growth and development of the company.
- A collaborative environment with exposure to finance, operations, supply, pricing, and strategy.
How to Apply
Qualified candidates should submit a resume and a brief statement describing their experience in retail natural gas, electricity, financial analysis, or accounting.
Equal Opportunity Statement
Northeast Power, LLC is an equal-opportunity employer. Employment decisions are based on qualifications, experience, business needs, and job performance without regard to any status protected by applicable law.
Pay: $100,000.00 - $150,000.00 per year
Benefits
- 401(k)
- Health insurance
- Paid time off
Work Location: Hybrid remote in New York, NY 10016