Financial Analyst - Regulatory
About The Position
WEC Energy Group is one of the nation’s largest electric generation and distribution and natural gas delivery holding companies serving 4.7 million customers across the Midwest. We are committed to providing clean, reliable, and affordable energy in an environmentally sustainable manner. Customers are the heart of our business, and we work every day to help grow and support communities where we provide vital energy services. As a Fortune 500 company, we value and develop our employees who are making a difference in a mission that matters. We don’t just offer a job; we provide fulfilling careers where safety and well-being are paramount. Join our team and experience first-hand our commitment to your success. We offer competitive pay and benefits to recognize your hard work and dedication. If you’re talented, energetic and ready for a career with a future, we want you on our team. We are powered by a diverse and inclusive workforce fueled by the pride in what we do. If you're driven by the passion to change lives, this is the place for you.
Requirements
- Bachelor’s Degree required. Accepted majors: Finance, Accounting or Economics or closely related
- Associate Analyst is an entry level role and internship experience is preferred
- Analyst requires 18 months of relevant experience
- Ability to maintain, run and analyze reports from various ERP systems and reporting tools
- Understand aspects of accounting theory and financial statement classification
- Document advanced processes and procedures in ways easily understood and followed by others
- Strong presence with the ability to interact with Finance Leadership
- Compile and present various financial reports to manager and director level management
- Understand specific aspects of accounting theory and financial statement classification related to assigned areas of responsibility
- Demonstrate ability to understand and execute moderately complex financial controls
Nice To Haves
- 2 Year’s Experience in Accounting or Finance
- Ability to learn and grasp new concepts quickly
- Comfortable providing analysis and presenting to various members of Management
- Ability to work well independently and as a member of a multi-locational team
- Attention to detail, a strong initiative, and a results-orientation are critical
- Experience with Microsoft Excel is essential
- UI Planner Experience is a plus
- SAP Experience is a plus
Responsibilities
- Understand allocation of costs to VLC customers
- Calculate income statement costs to be recovered under VLC Tariff
- Analyze actuals vs forecast variances for VLC customers
- Assist in system design and implementation to track Bespoke Assets and calculate VLC Tariff
- Design processes to complete actuals, forecast, and budgeting of VLC Tariff and Bespoke assets
- Work with various groups including Property Accounting, Revenue, Tax, FP&A, and other groups outside Finance
- Assist in preparation, communication, and tracking of rate case schedule with cross departmental team
- Assist Business Unit finance in rate case schedule, testimony and data request preparation
- Prepare responses to rate case data requests
- Track and model proposed adjustments from Commission Staff and Rate Case Intervenors
- Other analysis and/or tasks as assigned.
- Apply knowledge of interrelationships in processes and utilize problem solving skills to recommend process improvements.
Benefits
- Competitive pay and benefits
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
