Principal Financial Analyst (Corporate FP&A)

Puget Sound Energy•Bellevue, WA

2d•$94,300 - $156,900

About The Position

Puget Sound Energy (PSE) is looking for a Principal Financial Analyst to join our Corporate Financial Planning & Analysis team. In this role you will support the organization’s short and mid-term financial forecasting by performing qualitative and quantitative analyses to drive decision-making, support corporate initiatives and resolve complex issues in creative and effective ways. A successful candidate will be able to lead the development of interdepartmental consensus on analytical assumptions and approaches leveraged for financial planning purposes. Key areas of focus include financial modeling, variance analysis and senior leadership reporting. Experience with financial forecasting, modeling and analysis software like Anaplan, UI and/or demonstrated ability to quickly learn new financial planning solutions. In this role, you are expected to uphold the safety compliance standards inherent in PSE’s operating and/or field procedures related to work responsibilities. In addition, you will promote and support a culture of total safety, demonstrate commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct, and ensure duties are performed in accordance with all regulatory compliance obligations.

Requirements

Bachelor’s Degree in Business, Finance, Accounting or related field and/or equivalent experience with progressively increasing level of responsibility
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, and multitasking environment

Nice To Haves

Master's Degree in a quantitative field or MBA
Applicable Finance Certification (CFA, CPA, CTP)
5+ years of experience in the gas and/or electric industry
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

Responsibilities

Leads the process to update the monthly outlook and/or budget forecasts, and provides variance analyses. Presents the results to PSE directors and officers.
Develops comprehensive, complex models to create the five-year plan and evaluate financial and valuation impacts of operating and corporate initiatives, and conducts various ad-hoc strategic analyses throughout the planning cycle.
Contributes to or may lead the delivery of recommendations resulting from quantitative and qualitative analyses. Anticipates and identifies areas of opportunity or inherent business risks evident in the data and communicates action plans to stakeholders.
Participates in the annual creation of the corporate mid and long-term financial plan. Facilitates and may lead the ongoing evaluation of the corporate mid and long-term financial plan.
Helps develop corporate financial strategy by interfacing with PSE management and building interdepartmental consensus on modeling assumptions, such as rate case strategies, O&M and Capital targets and financing strategies to optimize corporate financial performance.
Develops comprehensive financial models and various ad-hoc strategic analyses throughout the planning cycle.
Contributes to or may lead the delivery of recommendations resulting from quantitative and qualitative analyses. Anticipates and identifies areas of opportunity or inherent business risks evident in the data and communicates action plans to stakeholders.
Develops consensus around analytical approaches and cultivates ties across business groups.
Produces presentations for finance management committees and Board of Directors.
Continually improves forecast integrity by utilizing internal and external information resources, researching new financial metrics and modeling techniques, benchmarking, and data analytics.
Promotes best practices of modeling techniques, methodologies, controls and documentation.
Instructs investor analysts on modeling PSE business activity.
Provides analytic direction to the business case team by structuring analytical problems, identifying areas for further analysis and summarizing results for decision-making.
Promotes accountability of financial assumptions and results across the organization by communicating to and educating business groups about financial implications of business operations.
Leads, trains, and mentors staff in the development, administration, and analysis of the short-, mid-, and long-term corporate financial plans.
Supports various rate proceedings by answering data requests.
Creates and maintains forecasts, models, and reports in financial planning tools like UI and Anaplan.