Principal Financial Analyst
Puget Sound EnergyAbout the role
Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now.
PSE's Financial Planning & Analysis team is looking for qualified candidates to fill an open Principal Financial Analyst position!
Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.
Job Description
Performs the quantitative and qualitative analyses related to the production of short-, mid- and long-term financial plans for PSE and its parent companies, as well as analytics associated with resource additions, corporate performance drivers and various strategic initiatives. Leads the development of interdepartmental consensus on analytical assumptions and approaches leveraged for financial planning purposes.
Upholds the safety compliance standards inherent in PSE’s operating and/or field procedures related to work responsibilities. Promotes and supports a culture of total safety. Demonstrates commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. Ensures duties are performed in accordance with all regulatory compliance obligations
Job Responsibilities
- 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, 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.
- 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.
Minimum Qualifications
- 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
Desired Qualifications
- 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
- Experience with Utilities International financial modeling tool
Additional Information
At PSE, we value our employees and provide them with opportunities to excel. We offer a competitive and comprehensive total rewards package. To learn more about why PSE is a great place to work, see our Employee Value Proposition, which highlights our commitment to employee growth, work-life balance, and meaningful career opportunities in the energy sector.
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