Associate Financial Analyst

Eversource Energy; Berlin, Northern (CT, KY); Hybrid; USD 72,000 - 80,000; Full time

Job summary

Eversource Energy is seeking an Associate Financial Analyst to support development, modeling, and reporting of financial results aligned with the corporate operating plan. You will assist with monthly reports, budgeting, and scenario analysis to inform management and the Board of Trustees.

The role requires 0–3 years of experience, a bachelor’s degree in accounting or finance, and strong MS Office skills. Travel to MA/CT/NH may be involved, and emergency storm work is possible.

Qualifications

• Bachelor’s degree in Accounting or Finance or equivalent work experience.
• Zero to three years experience.
• Strong MS Office and communication skills.

Responsibilities

• Supports production of Monthly Financial Report and Monthly Projection Report.
• Assists in annual budget process.
• Reviews and validates financial model runs.
• Communicates results to management.
• Coordinates budgets and projections across departments.
• Prepares financial budgets and projections for executive review.
• Provides information to help understand financial performance.
• Reports budget vs. actual and current vs. prior year analyses.

Skills

Financial reporting

Financial analysis

MS Office

Communication

Problem solving

Customer service

Education

Bachelor’s Degree in Accounting or Finance

Tools

Excel

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