Budget Analyst

NRG • Baytown, TX

2d • Hybrid

About The Position

Responsible for supporting plant financial operations by developing and monitoring budgets, forecasts, and cost reports, while ensuring compliance with safety, environmental, and regulatory standards. Collaborates with cross-functional teams to provide financial insights, manage assets, and drive continuous improvement in business planning and performance.

Requirements

• Minimum of Baccalaureate degree in, Accounting, Business or related technical discipline from an accredited college or university and 4 years of equivalent experience in a related field OR a 2 year degree and 5 years equivalent experience in related field OR 8 Years equivalent experience in a related field.
• Uses and maintains technical and professional knowledge, shares that knowledge with others, and recognizes/applies new technology in a cost effective manner
• Obtains and applies knowledge of competitive business practices in daily work activities and decision making
• Seeks and understands the customer/client’s needs and focuses on meeting and exceeding their expectations
• Willingness and ability to work through all obstacles in order to get the job done.
• Anticipates and accepts changes in the organization and adapts to meet the new requirements
• Committed to making the workplace safe and environmentally sound
• Willing to accept accountability for own decisions, performance, and behavior
• Strong understanding of SAP and Financial Reporting Tools
• Ability to reconcile financial data with accuracy
• Strong understanding of forecasting
• Basic understanding of the processes, systems, assets, resources, key personnel, and business functions of the facility
• Knowledge of power plant systems and operation
• Comprehensive knowledge in functional area
• Demonstrate the ability to operate effectively in a team environment and be open to change
• Ability to effectively communicate (written and verbal) at all levels of the organization
• Ability to establish and maintain a positive and professional working relationship with all individuals
• Ability to use a personal computer and associated software applications. Has understanding of our business software systems and their interfaces.
• Must be proficient in Excel and PowerPoint
• Ability to read, create and follow written policies and procedures
• Ability to read, write and understand English
• Demonstrate sound business skills necessary to accomplish assigned tasks
• Ability to perform as a team member or leader in a cross-functional team environment and achieve consensus decisions
• Knowledge of applicable safety and environmental regulations

Responsibilities

• Supports and emphasizes importance of safety and environmental programs and ensures regulatory compliance
• Develops and executes plans to accomplish development, regular updating, and monitoring of the Plant budget and cost forecasts
• Understands current and historical financial data
• Works closely with Business Manager, Engineering, Plant Managers and Project Managers on Routine and Project cost tracking
• Provides appropriate information, recommendations, and guidance to department personnel to obtain the necessary input to support the budget development and monitoring process
• Creates documents, including reports, memos, graphs, charts, tables, etc
• Reviews and provides input on changes in the original budget development plan
• Ability to find cost efficiencies and savings
• Coordinates monthly variance analysis, reviews results, reconciles actual costs with budget/forecasts, summarizes variance explanations/forecasts, and distribute accurate data to Business Manager and Plant Manager with minimal direction
• Prepares journal entries for corporate accounting
• Prepares monthly, quarterly and year-end accruals with precision
• Analyze financial statements and market trend with minimal direction at the request of department management
• Understands creation/close out of work orders and purchase requisitions in SAP
• Understands business processes and their financial implication/impact to the Plant and Company
• Generates and submits budget exception reports annually
• Ensures all Company resources are utilized in a cost-effective manner, estimates resource requirements, monitors expenditures, and reports on performance of assigned area
• Coordinates with Corporate Accounting on the creation of new assets and retirement of old asset (includes working with Engineering Department on Projects that effect asset tracking)
• Work with Business Manager to track and manage the Plant Asset Inventory Log
• Work with Business Manager with the development and updating of the Plant Business Plan and 5-year outlook
• Work with Corporate Accounting on taxation reviews
• Demonstrates employee involvement, innovative thinking, adaptation to change, responsible risk taking, customer focus, and continuous improvement
• Ensures development and implementation of assigned area goals, objectives and initiatives
• Promotes productivity and teamwork with open communication, timely decision making, and use of personal leadership skills to set high standards of performance
• Recognizes problems and is proactive in helping to resolve them

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level