Overview
With limited guidance from the Section Manager, the Senior Analyst works in partnership with the departments in developing and preparing the O&M and Capital budgets for the Organization, developing proactive action plans to enhance operational cost control, producing monthly & annual budget reports, year-end projected spending analysis and performing analysis on variations related to the operating and capital budgets. Responsible for performing a range of analytical assignments that require financial, regulatory and technical knowledge and expertise calling for independent judgment and responsibility, including studies, analysis, investigations and specific analytical assignments of major size and complexity within certain specialized areas that require a thorough knowledge of the Company's policies and practices particularly related to the operating and capital budgets. These responsibilities will involve regular interaction with both O&R and CECONY employees and departments.Responsibilities
Core Responsibilities* Monitor actual performance versus projected plans on a monthly basis/weekly basis.
•Works in partnership with the Operating department to develop and prepare the Organizations annual five-year Operating, Capital and Human Resource budgets and regulatory updates as required at the section, element, account and activity level. Coordinates with appropriate section managers, department personnel, and other organizations to analyze and develop work plans, develops and maintains supporting documentation and adherence to corporate financial guidelines.
•Perform root cause analysis on cost categories with significant or unanticipated variations and determine/recommend corrective actions.
•Analyze, review and communicate with directors and managers in assigned Operating organizations concerning the departments actual performance, historical comparisons, expense reports, monthly and annual expenditure projections, key performance indicators and other factors and inquiries, as required.
•Provide technical and project guidance to Analysts as required.
•Represent the organization and coordinate with the Financial Services Organization as required.
•Prepare in-depth cost analysis and statistical evaluation of monthly O&R and capital expenditures through the use of computer applications in a manner comprehensible to non-accounting oriented personnel as a means to better monitor costs.
•Prepare financial compliance reviews. Conduct reviews, as required, to verify existence and effectiveness of administrative and financial controls, and make recommendations as appropriate.
•Develop the monthly operating and capital variance reports and analysis for the Operating organization, including updated financial projections and provide recommendations as required.
•Utilize the budgeting systems to develop and analyze operating and capital expenditures. Provide variance explanations and answer financial-related questions pertaining to operational requirements.
•Become an expert on the ePBCS budgeting system and Oracle Supply Chain system.
•Provide support and input in the development, installation and ongoing improvements to the budgetary control systems.
•Assist in the preparation of special regulatory studies, interrogatories, and internal financial studies, reports and requests for information, as necessary.
•Utilizes strong Excel, PowerPoint, & Word computer skills to input and retrieve information from the Companys mainframe financial systems to develop and display actual and budget information in a clear and concise format.
•Prepare and update annual studies and programs, as required.
•Participate in the Companys emergency management processes and storm plans as required.
•Work well under tight deadlines, and heavy workloads particularly during budgeting season.
•Build complex financial models to assist SMEs more easily/accurately forecast their projected monthly/yearly spend.
•Present monthly variance explanations and recommendations to senior/executive management.
•Assist departments in all financial aspects of the rate-case process.
•Support collective bargaining agreement negotiations by building complex models to compare financial scenarios for O&R proposals.
•Perform other related assignments as required.
Qualifications
Required Education/Experience* Bachelor's Degree Accounting, Finance or Economics, Business Analytics or equivalent and 3-5 years' financial experience
Preferred Education/Experience* Master's Degree Accounting, Finance or Economics, Business Analytics or equivalent and 3-5 year's financial experience
Relevant Work Experience* Must have a thorough knowledge of accounting and financial concepts, extensive knowledge of budgetary concepts and processes, and general knowledge of regulatory accounting. Required
•Good working knowledge of accounting systems and procedures, the uniform system of accounts, as well as other regulatory requirements and their impact on financial results. Required
•Excellent oral and written communication, presentation and organizational skills. Required
•Excellent computer skills, with strong proficiency in Microsoft Outlook, Excel, Word, and PowerPoint applications. Required
•Must have familiarity with purchasing processes, including processing purchase requisitions, purchase orders and contract administration. Required
•Work well in teams, be willing and able to lead and participate in cross-functional teams as required, and prioritize and balance various tasks. Required
•Must be well-organized and detail-oriented, flexible and able to handle multiple assignments while meeting deadlines. Required
•Must be able to communicate and listen effectively and work harmoniously with others in providing and procuring information and assisting in various duties and responsibilities as required. Required
•Demonstrated ability to effectively interact with customers, support staff, and various levels of management. Required
•Must have strong analytical, technical and interpersonal skills. Required
•Systems experience with Oracle, ePBCS Planning, HCM, Work Management Systems and familiarity with processing supply chain transactions is preferred. Preferred
Licenses and Certifications* Driver's License Required
Additional Physical Demands* Must be able to respond to Company emergencies by performing a System Emergency Assignment to restore service to our customers.
•Must be able and willing to travel within Company service territory and to other Company locations, as needed.
Spring Valley, NY
$95,000-$130,000
Full-time
