Senior Financial Analyst - Treasury

Arizona Public Service generates reliable, affordable and clean energy for 2.7 million Arizonans. As the state’s largest and longest-serving energy provider, our more than 6,000 dedicated employees power our vision of creating a sustainable energy future for Arizona.

Summary

The Treasury-Corporate Finance Senior serves as a strategic advisor and subject matter expert in corporate finance and treasury operations. This role works independently to assess liquidity positions, cash forecasting, covenant compliance, credit metrics and reporting and leasing activities. The senior supports regulatory and accounting reporting requirements, develops solutions for complex financial analysis projects, and provides decision support to senior leadership on key financial strategies. This position requires frequent interaction with senior internal and external stakeholders, often on significant matters requiring cross-functional coordination. This role is responsible for analyzing various financing alternatives and forming recommendations on the most efficient means for raising capital at the holding company and the regulated operating company. The position requires a strong understanding of capital markets, debt structures, credit risk analysis, and regulatory compliance.  The role involves preparing financing strategies, optimizing costs of capital, and supporting enterprise-wide financial planning initiatives.

Key Responsibilities:

Financial Strategy & Capital Markets

• Maintain a strong understanding of capital markets and financial products.
• Analyze and calculate credit risk; evaluate credit ratings and metrics.
• Analyze capital market activities and formulate trading analysis.
• Shape and manage a healthy debt maturity profile.
• Evaluate and recommend strategies for effective interest rate management.

Financing & Debt Management

• Analyze existing and prospective debt and credit structures for refinancing opportunities.
• Assist in executing external financings designed to optimize cost of capital.
• Work with Financial Planning, FBO, Accounting, Legal and Regulatory teams to align financing needs and capital structure.

Regulatory & Compliance

• Prepare and obtain financing authority from regulatory commissions (ACC & FERC).
• Ensure timely filing of compliance documents and regulated filings.
• Assist in developing testimony, exhibits and discovery for rate cases involving capital structure, credit quality, and cost of capital.
• Track and perform all covenant compliance and reporting.

Cash & Budget Management

• Perform cash forecasting and vehicle leasing activities.
• Establish, track, and report on budget updates.
• Budgeting and reporting on interest rates and interest expense.

Treasury & Liquidity Management

• Independently monitor and report out on daily cash positioning, liquidity optimization, and short-term and long-term funding strategies.
• Perform cash forecasting and variance analysis to ensure liquidity targets are met.
• Maintain covenant compliance and leasing activities, ensuring adherence to contractual and regulatory requirements.

Strategic Advisory & Decision Support

• Undertake complex financial and decision support analyses to inform management strategies.
• Routinely interface with Senior Management and occasionally with Executive Officers to provide recommendations on financial performance and risk mitigation.

Financial Analysis & Reporting

• Perform advanced research and analysis on corporate finance, cash management, cost analysis, variance analysis, and key financial metrics.
• Develop and direct the creation of financial models, operational applications, and scenario planning tools.
• Design and deliver comprehensive financial reporting packages for management and regulatory purposes.
• Assist in preparation of Board slides, investor relations materials, and Treasury position reporting.
• Support Treasury reporting responsibilities, including SEC reporting and rating agency presentations.

Relationship Management

• Develop and maintain cross-functional relationships with Treasury, Accounting, Financial Planning, Legal, Regulatory, and other business units.
• Assist in managing external relationships with banking partners, investors, credit rating agencies, and outside counsel.
• Respond to ad hoc questions from investors, creditors, regulators, and rating agencies.
• Facilitate information flow betw