Utility Specialist - Risk Management & Business Analysis - Power Enterprise – SFPUC (5602) (164129) (EXEMPT)

San Francisco Public Utilities Commission (SFPUC) serves more than 2.7 million customers in the Bay Area with high-quality water, power, and wastewater services. We are an award-winning utility committed to environmental stewardship, innovation, and community interests, with a workforce of 2,300 employees.

About the role

The Power Enterprise within SFPUC is seeking a financial analyst to lead feasibility evaluations for high-impact electricity service requests and strategic electrification initiatives. This role will develop comprehensive business cases, financial models, and risk analyses to support executive decision-making for projects such as SFO, Steam Loop system, and Port electrification. The position will also build structured evaluation capabilities and document methodologies for long-term use.

Responsibilities

• Lead financial feasibility evaluations for large load projects and strategic electrification initiatives, including business case development and valuation analyses (NPV, IRR, payback, cost recovery).
• Develop and enhance project financial models to evaluate capital investment, revenue sufficiency, rate impacts, and long-term financial exposure.
• Conduct sensitivity, scenario, and risk analyses to assess load uncertainty, market volatility, regulatory changes, and stranded asset risk.
• Collaborate with cross-functional teams (Customer Engagement, Engineering, Retail Services, Reg/Leg, and Finance) to gather inputs and validate assumptions.
• Improve model structure with validation checks, documentation, and version control for reliability and transparency.
• Develop and document consistent project evaluation methodologies, including cost estimation, forecasting, discounting assumptions, and performance metrics.
• Prepare executive-level reports, presentations, and decision memoranda summarizing findings, risks, trade-offs, and recommendations.
• Maintain centralized records of assumptions, models, and historical analyses for transparency and audit readiness.
• Provide training and knowledge transfer to internal staff to transition analytical capabilities into regular business functions.

Requirements

• Baccalaureate degree from an accredited college or university, preferably in Law, Engineering, Environmental Studies, Business Administration, Economics, or a related field.
• Four years of journey-level experience in project planning, cost estimating, utility contracts, power operations, or long-term utility systems planning.
• Valid California Class C driver’s license may be required for specified positions.

Desirable Qualifications

• Experience conducting financial feasibility, business case, and risk analyses for utility, energy, or infrastructure projects.
• Advanced financial modeling skills (NPV, IRR, cost recovery, sensitivity, and scenario analysis).
• Knowledge of electric utility economics, rate design, power supply, and regulatory frameworks.
• Strong analytical, problem-solving, and project coordination skills.
• Ability to communicate complex analyses to technical and executive audiences.

Note: Additional qualifying experience may substitute for the degree requirement on a year-for-year basis. Applicants must meet minimum qualifications by the final filing date.