Financial Analyst, Engineering I

About the role

The Financial Analyst – Engineering I & Capital Projects supports Summit Utilities’ Engineering organization by providing financial reporting, analysis, forecasting, and planning for major capital initiatives. This role plays a critical part in ensuring that financial data is accurate, actionable, and aligned with business objectives.

Responsibilities

• Prepare recurring and ad hoc financial reports, dashboards, and presentations that summarize Engineering’s capital expenditures, forecasts, and budget performance.
• Analyze capital project costs and variances, explaining budget-to-actual differences and trends to leadership.
• Develop financial models to forecast spending and evaluate investment decisions related to construction, infrastructure, and maintenance projects.
• Support rate case data requests by compiling financial documentation and validating accuracy of supporting schedules.
• Partner with engineering and operations leaders to build, track, and forecast capital project budgets.
• Avoid inaccurate capture and allocation of project costs within enterprise systems (e.g., SAP, Oracle).
• Aid in annual capital budget development and long-range planning.
• Provide data-driven recommendations that improve resource utilization and capital efficiency.
• Prepare financial materials for the Board of Directors and Executive Leadership Team, including scorecard reporting, project summaries, and key performance metrics.
• Assist in preparing supporting schedules and financial analyses for strategic initiatives and special projects.
• Serve as a financial liaison between Engineering, Regulatory, Property Accounting, and Financial Planning.
• Provide financial insight to project managers and engineers to ensure fiscal responsibility and adherence to capital budgets.
• Communicate complex financial information clearly to both technical and non-financial audiences.
• Streamline manual reporting processes through automation and use of Power BI, Excel, and other analytics tools.
• Develop and document standardized financial procedures to improve accuracy and efficiency.
• Lead initiatives to enhance visibility and transparency into project financials across departments.

Requirements

• Bachelor’s degree in finance, Accounting, Business Administration, Engineering, Data Analytics, or a related field.
• 0-2 years of progressive experience in financial analysis, FP&A, or capital planning.
• Strong proficiency in Microsoft Excel and Power BI for financial reporting and data visualization.
• Knowledge of SAP, Oracle, or similar ERP systems.
• Exceptional analytical, problem-solving, and communication skills.

Qualifications

• Knowledge of financial principles and practices.
• Ability to analyze and interpret financial data.
• Experience with financial modeling and forecasting.
• Strong attention to detail and accuracy.
• Excellent communication and collaboration skills.

Skills

• Business and Financial Acumen
• Analytical Thinking and Results Orientation
• Collaboration and Cross-Functional Partnership
• Attention to Detail and Accuracy
• Process Improvement and Efficiency Mindset
• Effective Communication and Storytelling with Data

Benefits

We understand that home and family are essential pieces of your life, and our benefits are designed to support you both at work and at home. Summit offers competitive pay and medical/dental/vision and other benefits that provide flexibility, choice and support to our employees when they need it most.

Pay

Competitive compensation package is offered.

Schedule

Hybrid schedule is available.