Principal Financial Analyst (Corporate FP&A)

Puget Sound Energy•Bothell, WA

1d•$94,300 - $156,900

About The Position

Puget Sound Energy is seeking a Principal Financial Analyst to join its Corporate Financial Planning & Analysis team. The role supports short- and mid-term financial forecasting through qualitative and quantitative analysis that informs decision-making, supports corporate initiatives, and resolves complex issues. The analyst leads development of interdepartmental consensus on assumptions and analytical approaches used for financial planning, with a focus on financial modeling, variance analysis, and senior leadership reporting. The position develops and maintains financial forecasts, models, and reports using tools such as UI and Anaplan. It supports the creation and evaluation of corporate mid- and long-term financial plans, develops financial strategies in partnership with management, and communicates analysis and recommendations to stakeholders, leadership, finance committees, and the Board of Directors. The role also leads, trains, and mentors staff and supports rate proceedings by responding to data requests. The position is expected to uphold applicable safety and regulatory compliance standards, conduct business ethically and consistently with PSE's Code of Conduct, and contribute to a culture of safety.

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, and 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 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.
Experience with financial forecasting, modeling, and analysis software such as Anaplan or UI, or demonstrated ability to quickly learn new financial planning solutions.

Responsibilities

Lead monthly outlook and/or budget forecast updates, provide variance analyses, and present results to PSE directors and officers.
Develop complex models for the five-year plan and evaluate financial and valuation impacts of operating and corporate initiatives.
Conduct ad-hoc strategic analyses throughout the planning cycle.
Deliver recommendations based on quantitative and qualitative analyses, identify opportunities and business risks, and communicate action plans to stakeholders.
Participate in creating the annual corporate mid- and long-term financial plan and facilitate or lead its ongoing evaluation.
Help develop corporate financial strategy with PSE management and build interdepartmental consensus on modeling assumptions, including rate case strategies, O&M and capital targets, and financing strategies.
Develop consensus on analytical approaches and cultivate relationships across business groups.
Produce presentations for finance management committees and the Board of Directors.
Improve forecast integrity using internal and external information, researching financial metrics and modeling techniques, benchmarking, and data analytics.
Promote best practices for modeling techniques, methodologies, controls, and documentation.
Instruct investor analysts on modeling PSE business activity.
Provide analytic direction to the business case team by structuring analytical problems, identifying further analysis needs, and summarizing results for decision-making.
Promote accountability for financial assumptions and results by communicating financial implications of business operations to business groups.
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.
Create and maintain forecasts, models, and reports in financial planning tools such as UI and Anaplan.
Uphold applicable safety, regulatory compliance, ethical conduct, and Code of Conduct requirements.