Budget Analyst (Fermi 2 Nuclear Power Plant)

DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.
 

But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities.  When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences and values everyone’s health, safety, and wellbeing.  Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.
 

Testing Required:

On-Site Role: Must be available to work on-site at this assigned work location.

Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE’s emergency response to storms or other events that impact service to our customers.

Job Summary

Provides budget analysis and support at the Business Unit (BU) level. Compiles the BU budget taking into consideration actual performance, previous expenditures, estimated expenses and income. Maintains accurate expense (incurred, paid, etc.) records; may monitor budgets and accounts payable/receivables; prepares records, verifies, and analyzes transactions. Processes vendor invoices and acts at the liaison between the BU and the Controller’s group, vendors, or other departments for contract- or budget-related information requests.  Span of Control – 0 individual contributor role.

Key Accountabilities

• Coordinates the development, implementation, and monitoring and reporting of the BU budget, including forecasts, working with the BU and Controller’s group
• Collaborates with BU leadership to investigate and resolve discrepancies with budget-to-actuals comparisons; submits adjustments with accompanying explanations to the Controller’s group. 
• Monitors, reviews, and analyzes the budget; provides monthly variance reports to BU management regarding budget and invoiced transactions.   
• Prepares routine and ad hoc journal entries and unbilled liability reports. 
• Establishes short- and long-term budget forecasts.
• Assist Controller’s group by gathering, validating, and analyzing financial data.
• Identifies, troubleshoots, and resolves budget-related issues; suggests process improvements. 
• Utilizes a variety of continuous improvement tools to map and analyze budget-related processes; creates standard work instructions (SWIs) as necessary.
• Ensures the appropriate creation and maintenance of supporting documentation for BU budget-related activities. 
• Works with Supply Chain and other BUs in the establishment of new contracts and purchase orders; ensures the accurate and timely processing of invoices. 
• Gathers data from vendors in preparation for vendor creation and contract development (e.g. bid documents, terms and conditions, specifications); assures that work is performed in adherence with the contractual provisions and updated appropriately. 
• Reconciles material and equipment charges using the Company’s computer-based information system(s). 
• Develops queries and reports investigating invoice and budget-relevant problems; communicates information to the appropriate parties.   

Minimum Education & Experience Requirements

This is a dual-track base requirement job; education and experience requirements can be satisfied through one of the following options:   

• High School or GED with 5 years of financial or budget relevant experience, inclusive of accounts payable and contract administration experience – OR –
• Associate degree in business or finance discipline with 3 years of financial or budget related experience, inclusive of accounts payable and contract administration experience

Other Qualifications

Preferred: Bachelor’s degree in business or public administration, accounting, finance, or related discipline with 1 year of financial or budget related experience.

• Proficiency in word processing, spreadsheet, and database applications sufficient to apply them with minimal guidance.
• Ability to analyze financial data and develop optimal recommendations and solutions.
• Project management, organization and planning skills; ability to coordinate deadlines and logistics to ensure the completion or projects within predetermined time frames
• Ability to work in an autonomous e