Financial Analyst II

Duke Energy • Charlotte, NC

6d • Hybrid

About The Position

The Financial Analyst II provides financial planning and analysis support for Duke Energy’s Customer Products & Services and Market Development & Strategic Partnerships organizations. The role works closely with business partners to analyze and report financial variances, trends, and plans, and supports budget development and monthly, year-to-date, and year-end financial analysis. It offers exposure to businesses outside traditional regulated utility operations, including organizations that directly drive earnings.

The analyst is responsible for cost management accounting, financial analysis and reporting, budget development, and financial guidance to business partners. Employees at this level work in a self-directed manner with additional guidance, interpret business issues, and recommend solutions. The position partners with business lines reporting to VP leaders and provides technical and functional expertise on financial and accounting needs, including accounting and regulatory questions, new products and lines of business, and special projects.

This is a hybrid role, with work performed remotely and onsite after onboarding. Employees must live within a reasonable commute—no more than 50 miles one way—from their designated Duke Energy facility and are expected to report there as directed, averaging three full workdays per regular workweek. Travel is 5–15%.

Requirements

• Bachelor’s degree with a major in Accounting, Finance, or a related discipline.
• At least two years of increasingly diverse or complex experience in a related field in addition to the degree.
• Fundamental accounting and finance concepts, practices, and procedures.
• Experience with financial applications such as PeopleSoft, HFM, or PowerPlan and query tools such as WebI.
• Experience using Microsoft Excel, Word, and PowerPoint.
• Ability to work lawfully in the United States without employment-based immigration sponsorship, now or in the future.

Nice To Haves

• CPA or working toward CPA.
• Advanced degree, preferably in Accounting.
• Four or more years of professional work-related experience.
• Prior experience supporting business FP&A efforts.
• Knowledge of Duke Energy FP&A financial applications, including Power Pivot, PeopleSoft, Hyperion, SAS business rules, Power Plan, OneStream, and Reporting trees.
• Experience interfacing effectively with VP-level and higher leadership.
• Experience with regulatory and non-regulatory work, utilities, and Energy Efficiency Programs.

Responsibilities

• Contribute to financial planning, budgeting, and analysis activities for the supported organizations, including special projects.
• Partner with business lines reporting to VP leaders to address financial and accounting needs and provide solutions.
• Analyze financial performance of lines of business and provide technical and functional expertise to business partners.
• Address accounting and regulatory questions, coordinate special projects, and assist with establishing new products and lines of business.
• Contribute to month-end close by posting journal entries and accruals, performing account reconciliations, and proactively analyzing financial results for abnormalities.
• Provide timely financial results to business partners, including accurate variance explanations, watchlist items, and projection changes for management reporting.
• Support ROCR and P&L reporting processes.
• Respond to ad-hoc, regulatory, audit, and other data requests in a timely manner.
• Support budget and business planning, including communicating guidance, assumptions, and timelines and providing presentation materials.
• Build relationships and promote communication with business partners and Finance peers.
• Develop in-depth knowledge of supported business areas to anticipate financial and accounting needs.
• Act as a liaison between the business and finance and accounting organizations to resolve issues, concerns, and questions.
• Coordinate and manage projects and initiatives arising in the normal course of business.
• Identify, develop, and implement continuous process improvements.
• Consolidate and roll up financial results and analysis for executive-level reporting.
• Support development of insights, tools, and practices to improve projection accuracy.
• Proactively identify and meet business partner needs, taking ownership of issues until resolved.

Benefits

• Competitive pay and benefits.
• Relocation assistance, as applicable.

What This Job Offers

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