Financial Analyst II or Senior

Tucson Electric Power; Tucson (AZ); On-site; USD 60,000 - 85,000; Full time

Job summary

Tucson Electric Power is seeking a Financial Analyst to support the business planning function by creating and maintaining short-term and long-term forecasts, performing variance analysis, and partnering with business units for rolling forecast updates. The role requires building financial models, researching data, and communicating insights to management.

Applicants should have a finance or accounting background and strong analytical and teamwork skills.

Qualifications

• High school diploma or GED.
• Bachelor’s degree in Finance or Accounting, or related field of study.
• Excellent PC and spreadsheet software skills.
• Effective communication skills, both verbal and written.
• Demonstrated ability to work both independently and as part of a team.
• Ability to complete financial analyses and related modeling with supervision.

Responsibilities

• Coordinate the collection and analysis of data from various business partners for input into corporate models.
• Perform necessary research and analysis to develop the input data and assumptions required for financial forecasts.
• Obtain data independently through research and industry analysis or from other departments and business units, as needed.
• Keep appropriate backup documentation for forecast data and assumptions.
• Develop/demonstrate an understanding of the Company’s finances and the relationship between business unit operations and consolidated financial performance.
• Keep current on corporate financial performance and financial disclosures.
• Assess how and if a decision in one business unit may have a material impact on the financial position of other business units or the consolidated entity.
• Provide financial analysis in support of corporate activities and strategic initiatives.
• Prepare financial analyses for corporate decision-making on an as-needed basis. Examples include financial strategy analysis, pension fund analysis, business valuation and other analyses requiring financial skills.
• Ensure proper operation of the computer models used for financial forecasting. Develop and demonstrate competency in the operation of the financial planning forecast models. Review model structure and results to assure analyses are technically correct. Recommend and implement modeling changes and improvements.
• Upgrade and trouble-shoot the financial models used. Assist in training other analysts on use of financial models.
• This position may provide services to affiliates of the Company subject to the UNS Energy Code of Conduct and the related Policies and Procedures.

Skills

Spreadsheet skills

Communication skills

Teamwork ability

Financial modeling

Independent work

Education

Bachelor's degree in Finance or Accounting

High school diploma or GED

Job description

We are looking for talented individuals who are passionate about making an impact in the company and the community.

Preferred Qualifications

Responsible for supporting the business planning function of the business. The financial analyst is responsible for the creation and maintenance of the companies short-term and long-term financial planning functions. This includes annual updates to the company's near-term financial forecasts, annual updates to the company’s long-term financial forecast, monthly variance analysis and reporting, and partnering with assigned business areas for updates and rolling forecast updates. The role requires an ability to understand the complexities of our business, work within ambiguity, and become a consultant to management on the various impacts of significant business decisions.

Position-Related Responsibilities

• Coordinate the collection and analysis of data from various business partners for input into corporate models.
• Perform necessary research and analysis to develop the input data and assumptions required for financial forecasts.
• Obtain data independently through research and industry analysis or from other departments and business units, as needed.
• Keep appropriate backup documentation for forecast data and assumptions.
• Develop/demonstrate an understanding of the Company’s finances and the relationship between business unit operations and consolidated financial performance.
• Keep current on corporate financial performance and financial disclosures.
• Assess how and if a decision in one business unit may have a material impact on the financial position of other business units or the consolidated entity.
• Provide financial analysis in support of corporate activities and strategic initiatives.
• Prepare financial analyses for corporate decision-making on an as-needed basis. Examples include financial strategy analysis, pension fund analysis, business valuation and other analyses requiring financial skills.
• Ensure proper operation of the computer models used for financial forecasting. Develop and demonstrate competency in the operation of the financial planning forecast models. Review model structure and results to assure analyses are technically correct. Recommend and implement modeling changes and improvements.
• Upgrade and trouble-shoot the financial models used. Assist in training other analysts on use of financial models.
• This position may provide services to affiliates of the Company subject to the UNS Energy Code of Conduct and the related Policies and Procedures.

Knowledge, Skills & Abilities

(Equivalent combination of education and experience will be considered.)

Analyst II - Minimum Qualifications

• High school diploma or GED.
• Bachelor’s degree in Finance or Accounting, or related field of study.
• Excellent PC and spreadsheet software skills.
• Effective communication skills, both verbal and written.
• Demonstrated ability to work both independently and as part of a team.
• Ability to complete financial analyses and related modeling with supervision.

Preferred Qualifications

• Three to four years of relevant work experience preferred. An advanced business degree or the attainment of a professional designation (e.g., CPA, CFA, etc.) may be substituted for two years of work experience.

Analyst Senior - Minimum Qualifications

• Minimum qualifications of Level II.
• Demonstrated project management abilities, including the ability to prioritize and meet deadlines, with emphasis on accuracy and attention to detail.
• Ability to complete complex financial analyses and related modeling with supervision.

Preferred Qualifications

• Five to six years of relevant work experience preferred. An advanced business degree or the attainment of a professional designation (e.g., CPA, CFA, etc.) may be substituted for two years of work experience.