Financial Analyst (Hybrid Schedule)

Eversource Energy • Westwood, MA

104d • $85,350 - $94,830

About The Position

The Financial Analyst provides financial support to the operation organization. This role coordinates and supports the Monthly Financial Reporting, monitors the departments' financial budgets and annual financial forecasts along with regulatory plans and project analysis. The Financial Analyst is responsible for producing monthly financial reports, annual budgets, and monthly year-end forecasts for the operation groups. They create or improve financial performance reporting, including detailed analysis of budget versus actual spending and forecast versus actual spending for Expense and Capital Projects. The analyst reviews, analyzes, and assesses project financials, identifying anomalies and discrepancies, and communicates findings to management. They prepare reports and presentations for all levels of management, including the Senior Leadership Team, and provide financial projections for presentation to executive management. Additionally, the analyst provides information to management to ensure annual budgets and five-year forecasts are on target, explains variances on actuals versus budget of financials to management monthly, and works effectively with all levels of management to provide financial analysis and problem-solving recommendations. They also monitor capital projects to ensure compliance with threshold spending and support the development of rate case timelines and strategies as well as rate case proceedings. This position may require on-call Emergency Response assignments as necessary.

Requirements

• Bachelor's degree in Accounting, Finance, or a closely-related discipline required.
• Three (3) plus years of related experience required.
• Knowledge and experience with capital and expense budgeting processes.
• Strong knowledge and experience in financial reporting, analyses, and financial model management.
• Understanding of financial statements and financial modeling.
• Financial acumen including a basic understanding of financial concepts.
• Strong detail orientation and ability to be thorough and precise.
• Ability to work effectively with various levels within the organization.
• Demonstrated skill with MS Office applications (specifically Word and Excel).
• Ability to multi-task and shift among multiple priorities simultaneously.
• Good verbal and written communication skills.

Nice To Haves

• Active work towards or completion of a related advanced degree preferred.
• Demonstrated skill in team membership and strong customer focus.

Responsibilities

• Produce monthly financial reports, annual budgets, and monthly year-end forecasts for operation groups.
• Create or improve financial performance reporting, including detailed analysis of budget versus actual spending and forecast versus actual spending for Expense and Capital Projects.
• Review, analyze, and assess project financials, identifying anomalies and discrepancies, and provide findings to management.
• Communicate results of financial strategies and recommendations for course corrections to management.
• Prepare reports and presentations for all levels of management, including the Senior Leadership Team.
• Prepare financial projections for presentation to executive management.
• Provide information to management to ensure annual budgets and five-year forecasts are on target.
• Provide variance explanations on actuals versus budget of financials to management on a monthly basis.
• Work effectively with all levels of management to provide financial analysis and problem-solving recommendations.
• Monitor capital projects to ensure compliance with threshold spending.
• Support the development of rate case timelines and strategies as well as rate case proceedings.
• Participate in on-call Emergency Response assignments as necessary.

Benefits

• Competitive total rewards program.
• Potential incentive eligibility.
• Salary range: $85,350.00-$94,830.00.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Utilities
• Education Level: Bachelor's degree