Financial Analyst Sr.

Arizona Public Service Company; Northern (KY); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Arizona Public Service Company seeks a seasoned Finance Analyst to join our finance and accounting team. The role focuses on cash forecasting, liquidity management and financial reporting in a demanding energy environment.

You will gather data, build models, and deliver analyses that inform strategic decisions. Collaboration with multiple departments and mentoring of junior staff are key aspects of the role.

Qualifications

• Participates in financial analysis, treasury and corporate finance projects.
• Models data, forecasts liquidity and cash flow, reports results.
• Supports variance analysis, budgeting and financial statements.

Responsibilities

• Perform cash forecasting and cash management tasks.
• Support monthly accounting close and variance explanations.
• Develop ad hoc models for scenarios with O&M, capital, and regulatory inputs.
• Provide performance reports and management communications.
• Mentor junior team members and ensure regulatory compliance.

Skills

Financial analysis

Cash forecasting

Variance analysis

Data analytics

Microsoft Excel

Education

Bachelor's in business/finance

Master's preferred

Tools

Kyriba

Bloomberg

PeopleSoft

Cognos

PowerPlant

Hyperion

Maximo

Excel

Job description

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Arizona Public Service generates reliable, affordable and clean energy for 2.7 million Arizonans. Our service territory stretches across the state, from the border town of Douglas to the vistas of the Grand Canyon, from the solar fields of Gila Bend to the ponderosa pines of Payson. 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.

Since our founding in 1886, APS has demonstrated a strong commitment to our customers in one of the country’s fastest growing states, earning a reputation for customer satisfaction, shareholder value, operational excellence and business integrity.

Our present and future success depends on the creative and dedicated people of our company who demonstrate the principles outlined in the APS Promise: Design for Tomorrow, Empower Each Other and Succeed Together.

Summary

• Participates in a variety of financial analysis, corporate finance and treasury projects or functions including cash position forecasting, liquidity management, evaluation and implementation of cash management products and services, accounting support for finance functions, management of banking relationships, covenant compliance, budget preparation, variance analysis, business operational metric reporting, net present values, cash flow analysis, forecasting, and operating expense and financial results reporting and analysis.
• Gather and review data, update financial and business operations models and applications, analyze and report results.
• Under limited supervision, manages the day-to-day transactions which may include cash management, cash forecasting, covenant compliance, and leasing; performs comprehensive analysis projects or functions which may include variance analysis, business operational metric reporting, net present values, cash flow analysis, forecasting, and financial results reporting and analysis, tracking and development of key financial metrics.
• Undertakes financial and support projects for recommendations to Management on key strategies to support achieving financial results.
• Update financial and business operations models and applications, analyze and report results.
• Design and develop financial report packages.
• Assists junior team members.
• Degree in business, finance, accounting economics, mathematics or an equivalent combination of education and experience from which comparable knowledge, skills and abilities have been achieved. Additionally, a minimum of five (5) years directly related experience in financial analysis, accounting, economic analysis or data analytics in any industry, OR minimum five (5) years business operations related experience in the utility or energy services industry.
• In lieu of degree, an equivalent combination of formal education and experience totaling ten (10) years is required.
• Comprehensive knowledge of finance and economic analysis, corporate finance, utility regulation, utility operations.
• Knowledge of Generally Accepted Accounting Principles (GAAP).
• Strong research, data management and effective management communication skills.
• Advanced knowledge of Microsoft applications (Excel, PowerPoint, SharePoint, etc.) and database tools.

Preferred Special Skills, Knowledge or Qualifications

• MBA or Masters degree preferred.
• Strong experience with related analytical, financial, database, and/or business operations tools (i.e., Kyriba, Bloomberg, PeopleSoft, Cognos, PowerPlant, Hyperion, Maximo, supply chain and inventory systems).
• Travel may be required.

Nuclear Requirement

Any PVNGS employee may be called upon to serve as a member of the Emergency Response Organization (ERO) and will be expected to fulfill their obligation as an ERO member.

Any PVNGS employee may be called upon to support a refueling or short-notice outage.

This includes line roles and responsibilities as necessary to execute outage activities.

These are a condition of employment at PVNGS.

Major Accountabilities

• Performs routine to advanced level corporate financial tasks such as cash forecasting, cash management, variance analysis and short and long-term financial, sales, and peak load forecasting.
• Supports the monthly accounting close process including variance analysis, and preparation of variance explanations and communication to management for financial statement results.
• Ensures financial events and transactions are reported to Accounting for proper financial statement recording and accounting treatment.
• Collaborate with department staff in the evaluation of financial business scenarios.
• Develop ad hoc models to support unique scenarios or limited scope analysis with the various work streams O&M, Capital, corporate finance, sales and revenue forecasting, tax planning, regulatory, and accounting.
• Provide support in the formulation of model inputs and processing of data through financial models.
• Ensures compliance by maintaining appropriate documentation, files, records or systems.
• Undertakes the development of limited scope financial and operational decision support and business unit planning projects and initiatives.
• Provide support in the development, compilation, presentation and communication of performance report packages for management monthly financial reporting package as well as scenario analysis results, including identification of significant findings and conclusions through the use of existing technology and strong understanding of business unit financial and regulatory and operations related data.
• Provides training and support to business customers to ensure understanding of new or existing processes; may also provide training to team member within Finance & Accounting.
• Maintains comprehensive knowledge of the primary emerging issues facing the industry and company business specifics.
• Develops comprehensive understanding of company, unit policies and procedures, accounting practices, and federal and state regulations.
• Identifies or partners in identifying continuous improvement opportunities within the organization and incorporate continuous improvement principles and practices into business unit partnerships.
• Provides support to other team members to enhance development and to drive increasing productivity in team processes.
• Serves as a subject matter expert within employees own team and mentors other junior team members.
• Works on matters of significance, typically on to medium initiatives.
• Collaborates with different teams in different business units.
• Contacts are primarily with immediate supervisor and higher-level and mid to Sr. level business unit leadership.
• Supports multiple, recurring requests on multiple issues/solutions.
• Analyzes and resolves complex technical problems using experience, judgment and range of material/tools; may take a new perspective on existing solution.
• Makes improvements of processes, systems or products to enhance performance and service delivery.
• Makes decisions within area of direct responsibility.

LAST REVISION DATE:

10/18/2021

Export Compliance / EEO Statement

This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.

Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.

For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).

In compliance with the Drug Free Workplace Act of 1988, the Company is committed to a work environment that is free from the effects of alcohol and controlled substances, and free from the abuse or inappropriate use of prescribed and over-the-counter medications. The Company requires employees to be subject to drug and alcohol testing that is job-related and consistent with business necessity, regulatory requirements and applicable laws.

Hybrid

Employees in hybrid roles work both in their home offices (virtually) and alongside their colleagues (in person).

In order for employees to build strong relationships and to promote meaningful in-person interactions, hybrid employees are expected to work about 40% of their time in-person at an APS or other (non-home office) location.

• Employees are expected to reside in Arizona (or New Mexico for Four Corners-based employees).
• Working from a home office requires adequate technology and an appropriate ergonomic set up.
• Role types are subject to change based on business need.

Any PVGS employees may be called upon for random Fitness for Duty (FFD) testing during scheduled working hours. Employees, if off-site, must report to FFD at Palo Verde as soon as reasonably practicable, but no more than 120 minutes after being notified. Employees who are onsite when notified will have no more than 60 minutes to report after being notified.