Financial Analyst, Engineering I

Summit Utilities Inc•Fort Smith, AR

28d•Hybrid

About The Position

The Financial Analyst – Engineering I & Capital Projects supports Summit Utilities’ Engineering organization by providing financial reporting, analysis, forecasting, and planning for major capital initiatives. This role plays a critical part in ensuring that financial data is accurate, actionable, and aligned with business objectives. The position involves analyzing and projecting financial impacts of management decisions, preparing capital and operational reports, supporting rate case filings, and communicating insights to senior management and cross-functional partners. The Financial Analyst – Engineering I & Capital Projects also contributes to process improvements by developing automated financial models and dashboards that enhance capital project tracking, financial visibility, and decision-making efficiency.

Requirements

Bachelor’s degree in finance, Accounting, Business Administration, Engineering, Data Analytics, or a related field.
0-2 years of progressive experience in financial analysis, FP&A, or capital planning.
Strong proficiency in Microsoft Excel and Power BI for financial reporting and data visualization.
Knowledge of SAP, Oracle, or similar ERP systems.
Exceptional analytical, problem-solving, and communication skills.

Responsibilities

Prepare recurring and ad hoc financial reports, dashboards, and presentations that summarize Engineering’s capital expenditures, forecasts, and budget performance.
Analyze capital project costs and variances, explaining budget-to-actual differences and trends to leadership.
Develop financial models to forecast spending and evaluate investment decisions related to construction, infrastructure, and maintenance projects.
Support rate case data requests by compiling financial documentation and validating accuracy of supporting schedules.
Partner with engineering and operations leaders to build, track, and forecast capital project budgets.
Ensure accurate capture and allocation of project costs within enterprise systems (e.g., SAP, Oracle).
Assist with annual capital budget development and long-range planning.
Provide data-driven recommendations that improve resource utilization and capital efficiency.
Prepare financial materials for the Board of Directors and Executive Leadership Team, including scorecard reporting, project summaries, and key performance metrics.
Assist in preparing supporting schedules and financial analyses for strategic initiatives and special projects.
Serve as a financial liaison between Engineering, Regulatory, Property Accounting, and Financial Planning.
Provide financial insight to project managers and engineers to ensure fiscal responsibility and adherence to capital budgets.
Communicate complex financial information clearly to both technical and non-financial audiences.
Streamline manual reporting processes through automation and use of Power BI, Excel, and other analytics tools.
Develop and document standardized financial procedures to improve accuracy and efficiency.
Lead initiatives to enhance visibility and transparency into project financials across departments.