Associate Financial Analyst

Eversource Energy; Berlin (NH); On-site; USD 72,000 - 80,000; Full time

Job summary

Eversource Energy is seeking an Associate Financial Analyst to help develop and model the corporate operating plan, support monthly reporting, and assist in the budgeting process. The role involves collaborating with multiple departments and communicating financial results to senior management.

The ideal candidate will have a Bachelor's degree in accounting or finance with zero to three years of experience, strong MS Office skills, and a solid foundation in financial analysis and reporting.

Qualifications

• Knowledge of financial reporting and analyses and financial statements
• Experience: Zero to three years
• Written and verbal communication skills
• Demonstrated skills with MS Office

Responsibilities

• Supports the production of the Monthly Financial Report and Monthly Projection Report
• Supports the annual budget process and budgeting tasks
• Assists in review and validation of financial model runs
• Communicates results and issues with financial information to management
• Coordinates and develops financial budgets and projections with input from departments
• Assists in preparing budgets and projections for executive presentation
• Provides information to management to understand financial performance
• Reports monthly on budget vs actuals and current vs prior year comparisons

Skills

Financial analysis

Analytical skills

Communication skills

Problem solving

Customer service orientation

MS Office

Cross-functional collaboration

Education

Bachelor's Degree in Accounting or Finance

Tools

MS Office

Job description

Eversource will not offer immigration-related sponsorship for this position (e.g., H-1B, O-1, J-1, TN, E-3, etc.). Applicants requiring visa sponsorship to start employment with Eversource will not be considered.

Role and Scope of Position:

The Associate Financial Analyst will assist in the development, financial modeling, internal management and reporting of financial results against the Eversource corporate operating plan. The corporate operating plan is developed to support our mission of delivering reliable energy and superior customer service, as well as our corporate goals. The scope of the corporate operating plan includes the development of key financial statements (income statements, balance sheets and cash flows) and key performance metrics for not only all of the Eversource operating companies but also the consolidated company. Internal management includes monthly updates to original plan assumptions and the development of a reforecast based on ever changing economic and business conditions. Internal management and reporting also involves the contribution to a comprehensive monthly reporting package to Senior Management, as well as communication of key financial results to the Board of Trustees and updates to other stakeholders in the company.

Essential Functions:

• Supports the production of the Monthly Financial Report and Monthly Projection Report for the businesses.
• Supports the annual budget process to assist in the completion of each major budget management task.
• Assists in the review and validation of financial model runs produced for the businesses.
• Communicates results of and any issues with financial information to management.
• Coordinates and develops financial budgets and projections with input from departments and disciplines from across the company including financial forecasting, regulatory, corporate and field functional areas and accounting.
• Assists in the preparation of financial budgets and projections, including net income and return on equity, for presentation to executive management.
• Provides information to management to assist in the understanding of financial performance.
• Ensures communication through reports to departmental management on a monthly basis of any specific financial performance information such as budget versus actual and current versus prior year actual comparisons for making management decisions or evaluation of trends.
• Coordinates with all ES departmental areas on financial and business reporting requirements.
• Works effectively with others; providing financial analysis and problem-solving data

Technical Knowledge/Skill/Education/Licenses/Certifications:

Technical Knowledge/Skill:

• Knowledge of financial reporting and analyses and financial statements
• Emerging financial acumen
• Ability to work with various levels within the organization
• Problem solving skills and ability to analyze data
• Written and verbal communication skills
• Strong Customer service orientation
• Demonstrated skills with MS Office

Education:

• Bachelor’s Degree in Accounting or Finance or equivalent work experience

Experience:

• Zero to three years experience

Working Conditions:

• Must be available to work emergency storm assignment as required.
• Must be available to travel between MA/CT/NH as necessary.

Competencies:

Build trusting relationships

Manage and develop people

Foster teamwork and cross-functional collaboration

Lead change

Communicate strategic vision

Create an engaged workforce

Focus on the customer

Take ownership & accountability

Compensation and Benefits:

Eversource offers a competitive total rewards program.Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive. The annual salary range for this position is:

$71,650.00-$79,610.00

Worker Type:

Regular

Number of Openings:

1

Emergency Response:

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.

EEO Statement

Eversource Energy is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

VEVRRA Federal Contractor