Financial Analyst I – Hybrid Remote

Indiana Electric Cooperatives; Bloomington, Northern (IN, KY); Hybrid; USD 52,000 - 68,000; Full time

Job summary

Hoosier Energy is seeking an entry-level Financial Analyst to support both Accounting and Finance functions in a hybrid role. The ideal candidate is a recent graduate, with no required prior experience, who will receive training to build technical accounting and financial analysis skills within the electric utility sector.

The analyst will assist with general ledger activities, month-end close, and the preparation of internal/external reports, while developing cash forecasting and treasury

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or Mathematics required.
• Accounting or Finance concentration preferred.
• Entry-level position; no prior work experience required.

Responsibilities

• Assists with general ledger accounting activities, including journal entries and month-end close.
• Prepares internal and external financial reports and supporting schedules.
• Performs financial analysis including variance and trend analysis for decision-making.
• Researches financial, economic, and regulatory data for the electric utility industry.
• Supports treasury functions, cash management, and cash forecasting.
• Assists with financial compliance filings and documentation.

Skills

Communication

Analytical skills

Attention to detail

Teamwork

Problem solving

Organizational skills

Adaptability

Financial knowledge

Education

Bachelor’s degree in Accounting, Finance, Economics or Mathematics

Accounting or Finance concentration

Tools

Excel

ERP systems

Job description

This is an entry-level, hybrid position that provides support to both the Accounting and Finance functions of Hoosier Energy. The Financial Analyst assists with general ledger accounting, prepares financial analyses, and supports the preparation of internal and external financial reporting. This role is designed for a recent graduate or early-career professional; no prior work experience is required. Training and mentorship will be provided to develop technical accounting and financial analysis skills while gaining exposure to the electric utility industry.

DUTIES AND RESPONSIBILITIES

• Assists with general ledger accounting activities, including preparing and posting journal entries, reconciling accounts, and supporting month-end and year-end close processes.


• Assists in the preparation of internal and external financial reports, including monthly management reports, quarterly financial statements, and supporting schedules.


• Performs financial analysis to support management decision-making, including variance analysis, trend analysis, and ad-hoc analytical requests.


• Researches and analyzes financial, economic, operational, and regulatory data and/or information on various facets of the electric utility industry.


• Supports treasury functions including day-to-day cash management and short-term cash forecasting.


• Assists with financial compliance filings and maintains supporting documentation.


• Assists with wholesale tariff and billing analysis.


• Supports electronic payment processing and finance records management.


• Maintains accounting records and financial databases and prepares supporting financial information.


• Performs other duties as assigned.

JOB SPECIFICATIONS

Education:

• Bachelor’s degree in Accounting, Finance, Economics or Mathematics minimum


• Accounting or Finance concentration; coursework in financial reporting or corporate finance preferred.

Experience:

• Entry-level position; no prior work experience required.


• Internships or coursework in accounting, finance, or financial analysis are a plus.

Skills and Abilities:

• Strong ability to communicate, both written and verbal, and possess interpersonal skills to interact with individuals at all levels and work as part of a team


• Demonstrated level of professionalism, positive attitude and ability to motivate others


• Strong problem solving and decision making skills to identify, anticipate and resolve problems at hand


• Strong organizational skills and attention to detail


• Commitment to employee development


• Demonstrated project management skills


• Strong customer orientation


• Intermediate to Advanced computer skills


• Demonstrated knowledge of accounting practices and procedures, cost accounting, capitalization and depreciation, property taxes and financial principles


• Strong analytical skills

Hoosier Energy is an Equal Opportunity Employer and prohibits discrimination on the basis of race, color, religion, national origin, sex (including pregnancy and gender identity), sexual orientation, age, ancestry, genetic information, disability, veteran status or any other characteristic protected by federal, state or local laws.