Financial Analyst I/II/III

## Description **Position Purpose and Objectives:** The Financial Analyst I/II/III team is responsible for budget development, financial planning, forecasting, variance analysis, and management reporting that supports informed business decisions. Various members of the team may be assigned specific duties in support of those tasks, such as: - Analyze Rate Class Revenue: Conduct monthly variance analysis on retail revenue by sales class (residential, commercial, industrial, etc.) to identify load volume and pricing drivers. - Manage Power Cost Variances: Track cost of power expenses against budget and isolate variances driven by various metrics. - Manage Power Cost Variances: Track cost of power expenses against budget and isolate variances driven by various metrics. - Track Capital & Expense Budgets: Monitor capital expenditures alongside operating expenses to manage total utility revenue requirements. - Model Power Cost Forecasts: Built long-term financial models integrating purchased power agreements, rate structures, and sales class growth trends. - Report Regulatory Performance: Developed automated reports and dashboards to report budget-versus-actual variances. **Essential Functions and Responsibilities:** - Collects and analyzes financial information for the organization and/or departments to track the organization's progress against its financial goals. Develops financial models and analyses to support budget planning, forecast updates, operations performance reviews, and strategic initiatives. - Analyzes current and past trends in key performance indicators, including all areas of revenue, operating expenses, budget performance, forecast assumptions, and capital expenditures. Identifies causes of unexpected variance. - Reports current or expected financial performance and creates financial models to provide management with budget recommendations, scenario analysis, and decision-making tools. - Collaborates with departments to develop annual operating and capital budgets, validate assumptions, and monitor budget-to-actual performance. - Develops ad-hoc analysis reports. Supports management team and department heads with in-depth analysis. Prepares budget, forecast, and financial performance presentations for management and Board of Directors meetings. - Performs other duties as may be requested or assigned to meet the needs of United Power in the interest of good management practices. - Creates, expands, and maintains professional and productive working relationships with peers and stakeholders. Works collaboratively with colleagues and fosters a spirit of cooperation and inclusion in the workplace. **Supervision Received and Exercised:** *Financial Analyst I* Receives regular supervision from the manager and may receive guidance from Financial Analyst II/III. May mentor administrative staff. *Financial Analyst II* Receives general guidance from the manager. May coach and mentor Financial Analyst I and administrative staff. *Financial Analyst III* Receives limited guidance from the manager. May coach and mentor Financial Analyst I/II and administrative staff. **Required Education, Training, and Experience:** A bachelor’s degree in business, finance, economics, data analytics, or a related field, *Financial Analyst I* **AND** a minimum of two (2) years of financial analysis, budgeting, forecasting, or business planning experience; or an equivalent combination of education and experience. *Financial Analyst II* **AND** a minimum of five (5) years of financial analysis, budgeting, forecasting, or business planning experience; or an equivalent combination of education and experience. *Financial Analyst III* **AND** a minimum of seven (7) years of financial analysis, budgeting, forecasting, or business planning experience; or an equivalent combination of education and experience. **Desired Experience:** Master’s degree in finance, business analytics, economics, or a related field; Power BI or other financial reporting dashb…