Financial Analyst III

Chesapeake Utilities • Dover, DE

76d

About The Position

At the heart of our Company is a dedication to delivering energy that drives progress. We put people first, work to keep them safe and build trusting relationships. The Financial Analyst III position involves financial planning and analysis, business unit growth and support, stakeholder communication, and process improvement.

Requirements

• Four-year degree in Accounting/Finance or a related business field.
• Minimum of 5-7 years of business planning, financial analysis, or other related finance experience.
• Knowledge of Utilities International Financial software is preferred.
• Knowledge and experience with SAP/S4HANA.
• Proficient knowledge in the Microsoft Office suite of software, including PowerPoint, Excel, and Word.
• Knowledge of Business Objects and related software.
• Knowledge of company tariffs.
• Strong project management skills to plan, lead, and coordinate initiatives across the business unit and finance.
• Must be able to communicate in a clear, concise manner.
• Must have a high level of initiative and be able to be self-directed.
• Must be able to prioritize multiple requests simultaneously.
• Must be able to respond creatively to unique situations.
• Demonstrated ability to seek efficiencies in all areas to streamline and improve overall processes.

Responsibilities

• Prepares consolidated summary presentations for senior management's review, including monthly financial summary results, employee presentations, and forecast reports.
• Supports the production of a monthly reporting package with variance analysis against prior year, budget, and forecast, including operating expense and/or gross margin analyses, projections, and reports.
• Assists with preparing and reviewing feasibility studies for capital investments.
• Performs detailed analysis of cost allocations and report on changes and trends from budget and period-over-period results.
• Creates and analyzes moderately complex monthly, quarterly, and annual reports and ensure financial information has been recorded accurately and completely.
• Performs moderately complex financial forecasting, financial modeling and trend analysis.
• Captures and reports key performance indicators, highlight notable trends and analyze causes of unexpected variances.
• Completes special financial studies, e.g. cost of service studies, return on equity, capital structure, and depreciation.
• Understands the primary drivers for payroll variances, including changes in allocations (capital vs expense), changes in headcount or related vacancies, and rate differentials.
• Assists in reviewing accounting transactions for financial accuracy.
• Provides leadership, training, and support to Financial Analysts on more difficult and complex assignments.
• Assists management with merger and acquisition proforma and analysis.
• Supports preparation of Rate Case filings, specific to revenues and expenses.
• Supports the development of strategic plan, budgets, performance indicators, and target benchmarks.
• Responsible for communication with Managers, Directors, and Senior Staff members.
• Conducts thorough research of historical financial data to analyze trends to support executive leadership decisions.
• Partners and liaises with operations and corporate functions to collect the individual pieces of data and information required for filings and/or reports.
• Assists accounting with understanding budgeted and forecasted expenses to understand drivers for variances and the need for accruals.
• Continuously identify and implement improvements to financial processes and reporting, enhancing efficiency, accuracy, and decision support.
• Drives best practices within financial planning and analysis areas.

Benefits

• Flexible work arrangement
• Competitive base salary
• Fantastic opportunities for career growth
• Cooperative, supportive and empowered team atmosphere
• Annual bonus and salary increase opportunities
• Monthly recognition events
• Endless wellness initiatives and community events
• Robust and customizable benefit packages including generous 401k, medical, dental and life insurance, tuition reimbursement, compensated volunteer hours and MORE!
• Paid time off, holidays and a separate bank of sick time!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Utilities
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees