Sr. Financial Analyst or Financial Analyst FP&A (Winchester, KY) - Open Until Filled

Key Responsibilities

• Financial Forecasting
• Maintains, updates, and improves UI Planner financial model.
• Prepares financial forecasts and financial plans by gathering input from subject matter experts, performing complex analysis, evaluating costs and benefits, conducting research, and coordinating corporate input into a financial model.
• Generates comprehensive financial reports and presentations from the long-range financial model.
• Leads meetings with EKPC staff to gain agreement and collect information for the creation of financial models.
• Performs risk analysis on financial model and communicates the impact of various assumptions to leadership (e.g. production costing, investments, load forecasts, and environmental factors).
• Budget
• Develops corporate budget targets and business unit targets, and monitors progress in meeting requirements.
• Prepares budget for complex areas (e.g. member revenue, fuel and purchased power, transmission, and labor).
• Creates and maintains complex spreadsheets, models, databases, and PeopleSoft nVision reports prepared for the corporate budget and all department budgets.
• Provides direction to department staff with preparation of their budget and supporting documents for work plans and cooperative goals.
• Ensures all department budgets meet completion requirements, accuracy, and conformance with established policies, procedures, regulations, and organization objectives.
• Develops budget and planning models.
• Reviews reforecast results and budget journal entries.
• Reporting
• Reviews variance analyses of historical, current, and forecasted projections.
• Reviews data from various sources and prepares financial reports/analyses at the corporate and department level.
• Reviews and prepares profitability analyses, revenue and expense trend analyses, interprets data, and communicates results and understanding of information to EKPC personnel.
• Reviews actual-to-budget variance explanations for departments and recommends specific corrections to general ledger accounts, budget codes, and department codes to improve accuracy.
• Serves as the nVision report writing subject matter expert and PeopleSoft power user.
• Affords assistance to Director in establishing corporate KPI targets and business unit targets.
• Tracks and monitors progress of performance targets by providing variance analysis.
• Analyzes and reports on measurement against metrics and the achievement of overall business goals.
• Researches and recommends continuous improvements to the planning processes to increase customer satisfaction and improve department productivity.
• Affords assistance in upgrades, enhancements, and implementations of PeopleSoft, UI Planner, Power B.I., and other software.
• Prepares ad-hoc reports and analyses.
• General
• Mentors and trains other staff on team.
• Performs other duties as assigned.

  Key Requirements

  • Education: Bachelor’s degree in related area required. MBA preferred. An equivalent combination of education and experience may substitute.
  • Experience: Seven (7) years of related experience. Extensive experience in finance and accounting required.
  • Skills and Abilities: Thorough understanding of the utility industry and its financial components. Thorough understanding of assumptions, impacts, and risks from generation plans, load forecasts, and environmental factors. Strong analytical skills, including financial, quantitative, and statistical analysis. Thorough knowledge of software tools, including business Intelligence and structure query language. Thorough understanding of computer application and modeling skills; spreadsheet, database, and forecasting software (e.g. UI Planner). Ability to provide guidance, training, and mentoring to team. Excellent interpersonal skills and the ability to collaborate with other contacts, both inside and outside the cooperative. Excellent listening, written, and oral communication skills required, with effective public speaking skills and the ability to present training to groups. Strong customer focus, maintains positive attitude, provides clear instruction, and ensures customer understanding. Ability to work independently and in a team-oriented, collaborative environment. Provides thorough and timely communication to leadership and staff. Effectively prioritizes work, manages time, and adheres to deadlines. Demonstrates ability to be adaptable and flexible to changing conditions. Proactive, detail-oriented, organized, and the ability to multitask. Effective persuasion skills. Ability to exercise discretion, integrity, objectivity, confidentiality, and judgment. Thorough knowledge of Microsoft Office suite (Word, Excel, PowerPoint, and Outlook).