Principal Financial Analyst - Enterprise Strategy Valuation

Puget Sound Energy•Bothell, WA

7d•$94,300 - $156,900•Hybrid

About The Position

Puget Sound Energy’s Financial Planning & Analysis team is hiring a Principal Financial Analyst to support financial planning, resource investments, corporate strategy, and enterprise valuation for a complex, vertically integrated utility. The position performs quantitative and qualitative analysis for short-, mid-, and long-term planning and works across the organization to develop planning assumptions and turn operational and financial data into insights for executive leaders, investors, and other stakeholders. The role builds and maintains financial models, analyzes major infrastructure and utility investments, evaluates strategic scenarios, and communicates valuation insights. It also leads quarterly and annual enterprise valuation updates, supports planning and valuation for the five-year plan and years 6 through 20, and develops analyses and presentations for management, the Board of Directors, investors, and external rating agencies. The position provides guidance and mentoring to staff and works with business groups, external consultants, and investor analysts. This is a hybrid position, with approximately 50% of work time in the office, including at least one day per week in Bellevue, Washington. Specific work arrangements will be discussed during the interview process. Employees are expected to uphold applicable safety and regulatory compliance standards and conduct business honestly, ethically, and consistently with PSE’s core values and Code of Conduct.

Requirements

Bachelor’s degree in Business, Finance, Accounting, or a related field, and/or equivalent experience with progressively increasing responsibility.
At least 5 years in finance roles with progressively increasing levels of responsibility.
Excellent communication, writing, and presentation skills, with the ability to interface effectively with all levels of management.
Ability to work effectively without direct supervision in a fast-paced, stressful, multitasking environment.

Nice To Haves

Master’s degree in a quantitative field or an MBA.
Applicable finance certification such as CFA, CPA, or CTP.
At least 3 years of financial modeling experience.
Experience with enterprise, asset-based, or financial instrument valuation.
Experience in professional services (Big 4), investment banking, infrastructure finance, or project finance.
At least 5 years of experience in the regulated utility, renewable energy, or oil and gas industries.
Demonstrated ability to manage multiple projects and create capacity.
Ability to adapt and react to unforeseen business decisions and situations.
Experience leading and delivering projects under tight deadlines.
Strong financial modeling and valuation expertise, advanced Excel skills, and experience supporting large capital-intensive businesses.
Knowledge of project finance, utilities, infrastructure investments, and VBA.
Experience with Anaplan, SAP S/4HANA, or similar planning platforms.

Responsibilities

Develop complex models for the five-year plan and evaluate the financial and valuation impacts of operating and corporate initiatives; conduct ad hoc strategic analyses throughout the planning cycle.
Contribute to or lead recommendations based on quantitative and qualitative analysis; identify opportunities and business risks and communicate action plans to stakeholders.
Build consensus on analytical approaches and cultivate relationships across business groups.
Work with business units to develop a long-term business forecast covering years 6 through 20 for strategic planning and year-end valuation.
Conduct market-based guideline public company valuations and benchmarking analyses to corroborate discounted cash flow results.
Work with external consultants to improve the enterprise valuation model as needed.
Prepare presentations for management, the Board of Directors, and external rating agencies.
Improve forecast integrity by using internal and external information, researching financial metrics and modeling techniques, benchmarking, and data analytics.
Lead quarterly and annual enterprise valuation updates for PSE management and investors.
Develop spreadsheet models that integrate proposed and completed business transactions into the valuation model.
Promote best practices in modeling techniques, methodologies, controls, and documentation.
Instruct investor analysts on modeling PSE business activity.
Provide expertise on applying corporate valuation fundamentals to determine enterprise valuation.
Provide analytic direction to the business case team by structuring problems, identifying areas for further analysis, and summarizing findings for decision-making.
Promote accountability for financial assumptions and results by communicating and educating business groups about the financial implications of business operations.
Lead, train, and mentor staff in developing, administering, and analyzing short-, mid-, and long-term corporate financial plans.
Support rate proceedings by answering data requests.
Partner with directors and senior management on strategic initiatives and long-term business objectives.
Identify and implement improvements to processes, procedures, and systems; share knowledge and maintain current industry skills.
Provide guidance, training, and delegation within the department and lead departmental and cross-functional project teams.
Perform other duties as assigned.