Sr. Cost Analyst
NextEra EnergyAbout the role
Requisition ID: 86165
NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun, and a world leader in battery storage. We provide energy-related products and services that grow our economy, protect the environment, support our communities and help customers meet their energy needs. Are you interested in creating a cleaner environment for future generations? Join our world-class, innovative team today.
Position Specific Description
NextEra Energy, a leading provider of clean energy solutions, is seeking an experienced Sr. Business Analyst to join the Renewable Inventory Strategy Team. In this role, you will be responsible for inventory cost analysis, executive reporting, and providing actionable recommendations to drive down total cost. Ideal candidates will have superior analytical and presentation skills, and a drive for excellence and continuous improvement.
Responsibilities:
- Conduct thorough inventory cost analysis, including monitoring stock levels, tracking cost fluctuations, and identifying areas for improvement.
- Develop and prepare executive reports on inventory performance, cost trends, and other key metrics.
- Utilize advanced analytics techniques to identify and analyze data trends, drawing insights from large datasets.
- Collaborate with cross-functional teams to gather and validate data, ensuring accuracy and completeness.
- Identify opportunities for cost reduction, process improvements, and operational efficiencies, and make recommendations to achieve these goals.
- Present findings and recommendations to senior management and leadership teams in a clear and concise manner.
- Stay up-to-date with industry best practices and emerging technologies in data analysis and reporting.
Desired Qualifications:
- Experience in business analysis, preferably in a similar role.
- Strong proficiency in Microsoft Excel, including advanced formulas, pivot tables, and data visualization techniques.
- Experience with executive reporting tools, such as PowerBI or Tableau.
- Strong analytical skills, with the ability to analyze complex datasets and identify trends and patterns.
- Excellent communication and presentation skills, with the ability to effectively communicate insights and recommendations to stakeholders at all levels.
- Proven ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
- Strong problem-solving skills, with the ability to think critically and propose innovative solutions.
- Experience in the energy industry or a related field is a plus.
Job Overview
This job assists in execution of the Corporate and NextEra Power Generation business processes. With limited guidance, employees in this role are responsible for OandM and capital budget preparation and reporting, cash flow management, and financial analysis and reporting. Individuals plan, schedule, communicate, and coordinate the annual budgeting process, the monthly re-forecasts, and month-end close for the site, and ensure that all transactions are in compliance with Sarbanes-Oxley. Employees in this position also focus on the continuous improvement of spending, risks and opportunities, and costing methods in accordance with corporate policy and business objectives.
Job Duties & Responsibilities
• Performs all cost accounting activities including variance analysis, standard cost development, activity-based costing, and inventory control
• Provides financial leadership by supporting Operations leadership in decision-making and strategy development
• Supports new lines of business and finds ways to reduce overhead cost per job
• Provides reporting and analysis for all operations activity including productivity, capital and overhead spending, forecasting, budgeting, absorption, sales, and inventory and operations planning
• Prepares and distributes financial reports and indicators and explains financial results to non-financial audiences
• Communicates and explains operational performance through P and L
• Collaborates effectively with colleagues from all departments
• Leads and executes process improvement projects using Six Sigma principles
• Manages internal controls processes and identifies and mitigates control weaknesses
• Extracts, organizes, analyzes, and reports data in a manner that is useful and relevant for making business decisions
• Develops broad technical and communication skills through self-study and internal and external training opportunities
• Performs other job-relate
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