Principal Financial Analyst

Requisition ID:  86405 

 

NextEra Energy Resources is the world's largest producer of renewable energy from wind and solar, and a global leader in battery storage. We offer energy solutions that drive economic growth, protect the environment, support communities, and help customers meet their energy needs. Ready to make a lasting impact and create a cleaner future? Join our innovative, world-class team today!

 

Position Specific Description

Primary Responsibilities: Prepare, review, and analyze the NEER consolidated cash flow for both actuals and forecast.

•    Actuals (Day -2 to Day 5) – On a monthly basis, ensure the GAAP cash flow is accurately reported. 

 

Overview: The cash flow is system generated based off accounts and transaction types used in the monthly journal entries posted. To the extent an incorrect account/t-type is used, the cash flow will be negatively impacted. The use of incorrect t-types is identified through the review of the cash flow compared to expectation and other checks in place. This is a deadline driven deliverable with a time constraint due to entry input going to Day 3 and final reporting due Day 5. 

 

•    MOPR (Day 6 to Day 9) – Full cash flow analysis with commentary comparing year to date and full year forecast to plan. 

 

Overview – Provide explanations on why actuals and forecast vary from plan to upper management. This is a time crunched deliverable that involves reaching out to multiple business units to gain an understanding of why there is a variance to plan. Results in good exposure to all the different groups. 

 

•    Forecast (Day 10 to Day -3) – Prepare a GAAP and MGMT monthly trend cash flow thru the 5-year forecast period. 

 

Overview: The forecasted cash flow is system generated based on the forecasted change in account balances.  60+ monthly forecast periods lead to a significant amount of data to be analyzed and reviewed. While cash flow is system generated, there are multiple system limitations and forecast errors that lead to a significant amount of manual reclasses needed to properly present the cash flow. Forecast over forecast analytics are prepared and reviewed with management.  

                          

•    Quarterly Reporting – Prepare quarterly cash flow analytics compared to prior year.

 

•    Strategy Decks – Prepare PowerPoint slides for various presentations the involve cash flow data. 

Top skills needed:
•    Accounting Knowledge – Understanding of the cash flow.
•    Analytical/Research Skills – Be able to identify a change along with if it makes sense and why.
•    Flexibility – Role does not have a down period as actuals role in to forecast and forecast right back into actuals. Need to be able to switch gears quickly as questions arising from each overlap.
•    Time management/Dependability – Deadline driven role that needs to be flexible with revised deadlines. 
•    Communication Skills - Being comfortable reaching out to various groups/individuals.

Systems/applications used:
•    SAP Business Objects (BOBJ) 
•    SAP Financial
•    Excel
•    PowerPoint
 

Job Overview

Employees in this role supports Senior Management decision making via financial modeling, including but not limited to, revenue requirement and customer bill impacts, discounted cash flow analysis and financial statement modeling.  This position identifies and conducts complex analyses of financial impacts of issues and/or decisions facing the company and proposes strategies to maximize financial performance of company.

Job Duties & Responsibilities

•   Identifies, analyzes, and communicates to management the impact on the Company's financial structure, profitability, financial integrity, and competitive position utilizing relevant analytical methods and/or department’s forecasting models
•   Provides financial analysis support for various projects, calculating revenue requirements, net present value, customer bill impact, etc.
•   Provides expertise, support, and financial training for the company departments requiring these services
•   Performs financial analyses as required by management or regulatory bodies
•   Makes recommendations on financing decisions and executes long and/or short term financings
•   Prepares PowerPoint presentations to be provided to Senior and Executive Management 
•   Acts as a mentor to lower level employees
•   Performs other job-related duties as assigned

Required Qualifications

•  High School Grad / GED
•  Bachelor's or Equivalent Experi