Financial Analyst I

PJM Interconnection•Audubon, PA

1d•Hybrid

About The Position

This is an entry-level financial analyst position in the Budget & Analysis department. The role performs financial analysis and reporting, budgeting and forecasting, maintains project portfolios, and assists with calculations for PJM’s pricing allocation model. The analyst conducts budgeting and forecasting for at least one operating division, develops forecasting methodologies, and communicates regularly with division management. The role also analyzes divisional activity and anticipated activity, providing insight into variances and cost trends. The analyst supports other Budget & Analysis duties, including monthly general ledger close, preparing or entering journal entries, and coordinating project funding within SAP. The position contributes to financial reporting and analysis for PJM management and governance groups, and helps ensure the accuracy and integrity of project portfolio funding data.

Requirements

Bachelor of Science degree, or currently working toward one, in Accounting, Finance, or Business Administration.
Ability to efficiently use Microsoft Office Suite, including Word, Excel, and PowerPoint.
Ability to produce high-quality work products with attention to detail.
Ability to communicate effectively and work in a fast-paced team environment.

Nice To Haves

Knowledge of SAP, specifically the CO and PS modules.
Knowledge of Microsoft Excel pivot tables.
Experience with Hyperion Planning.
Experience in quantitative and qualitative analysis.
Equivalent work experience of 0–3 years.

Responsibilities

Assist in developing monthly financial reporting for the PJM Executive Team to monitor company and divisional financial performance.
Assist with preparing operating expenditure forecasts and budgets.
Assist in developing financial analysis, reports, and presentations for PJM management, the Finance Committee, the Audit Committee, and PJM’s Board of Directors regarding current financial position, company performance against goals, and long-range financial plans.
Provide project financial data for budget and project presentation materials for the Executive Team, Finance Committee, Members Committee, and PJM’s Board of Managers.
Assist with analyzing project funding requests and ensuring appropriate Authorization for Capital (AFC) levels have been completed.
Ensure data integrity and accuracy for project portfolio funding requests.
Analyze project postings for accuracy and investigate unusual postings to ensure appropriate correcting journal entries are posted when necessary.
Maintain and update project system and pricing model desk procedures and internal controls documentation.
Conduct budgeting and forecasting for at least one operating division, including developing forecasting methodologies and communicating with division management.
Analyze divisional activity and anticipated activity to provide insight into variances and cost trends.
Assist with monthly general ledger close, prepare and/or enter journal entries, and coordinate project funding within SAP.
Assist with calculations for PJM’s pricing allocation model.