Financial Planning Analyst

CTwater; San Jose, New Braunfels, Clinton, Saco (CA, TX, CT, ME); On-site; USD 95,000 - 172,000; Full time

Job summary

H2O America is seeking a Financial Planning Analyst to join their team in California. This role involves supporting financial planning, budgeting processes, and strategic analysis to enhance business development operations across subsidiary companies. Ideal candidates will have robust financial modeling skills and experience in FP&A, providing insights to senior management.

Qualifications

• At least five years of professional-level financial analyst experience.
• Prior Investment Banking or M&A Analyst experience desirable.
• Familiarity with financial accounting systems is a plus.

Responsibilities

• Perform financial planning and analysis.
• Assist with strategic business planning and budgeting.
• Support M&A evaluation and financial consulting.

Skills

Financial modeling

Analytical skills

Valuation

Due diligence

Budgeting

Financial analysis

Education

Bachelor’s degree in accounting or finance

CPA or MSA desirable

Tools

JD Edwards Enterprise One

Microsoft Excel

Job description

H2O America is actively seeking talented, driven and effective applicants for the position of Financial Planning Analyst to join our dynamic team. We offer a challenging and rewarding work environment along with a competitive salary and an excellent benefits package.

H2O America is the parent organization of the following subsidiary companies: San Jose Water, Connecticut Water, Maine Water, and Texas Water. We sustain life by delivering high-quality water and exceptional service while investing in the health and vitality of the communities we serve.

Position Summary:

Reporting to the Director of Financial Planning & Analysis, this individual will perform Financial Planning and Analysis and will assist with the Company’s strategic business plan and budgeting processes, financial analysis, business development transaction analysis, and special projects. The ideal candidate will have a strong understanding of financial modeling, valuation, and due diligence as well as corporate FP&A activities. They will provide financial consulting and strategic support to senior management, including preparing financial presentations, capital expenditure analysis, industry/peer group comparisons, new business opportunity analysis, acquisition analysis, and other special projects requested by senior management.

Specific Responsibilities

Duties and Responsibilities:

• Assist in financial studies and multi-company financial planning and analyses, including merger & acquisition evaluation, strategic planning, business development, and operational efficiency/savings analyses.
• Support budgeting and forecasting for H2O America’s Shared Services Business Units.

M&A and Business Development:

• Build forecast models and metrics to evaluate the outcome of potential business transactions, including but not limited to economic alliances, mergers, acquisitions, capital projects, and divestitures.
• Conduct industry and company research.
• Prepare financial models and valuation analyses.
• Assist with due diligence.
• Create presentations and documentation.
• Track progress and manage deal timelines.
• Stay up to date on M&A trends and developments.

Financial Analysis:

• Provide key financial analysis of monthly and year-to-date results vs. budget and prior year, identifying causes of deviations and providing actionable insights. Analyze trends and key drivers and recommend strategies for improvement.
• Collaborate to prepare monthly and quarterly business performance reviews for the Shared Services Business Units.
• Work closely with Business Unit leaders in Shared Services, providing them with data-driven insights.
• Assist in the preparation of the 5-year strategic plan and associated cash flow modeling.
• Conduct analyses related to operations and future capital programs or other assigned projects; prepare reports and presentations pertaining to research and recommendations concerning analyzed subjects.
• Develop effective techniques and models for financial planning and analyses.
• Perform detailed analysis, fact verification, and research on subject matters as needed.
• Assist in complex financial forecasting studies, including utility regulated model and related regulatory analysis.
• Support other special projects required by senior management.
• Partner with accounting, budgeting, regulatory affairs, legal, and tax as appropriate.

Required Knowledge, Skills & Abilities:

• Knowledge and skill in the application of generally accepted accounting principles.
• Ability to review and analyze complex accounting and financial data.
• Ability to identify financial implications of complex agreements and legal documents.
• Advanced financial modeling and analytical skills.
• Knowledge of the principles and practices of financial plan preparation and administration, accounting, and financial reporting; economics, statistical analysis, forecasting techniques, and computer modeling.
• Demonstrate extensive knowledge of the financial planning & analysis function.
• Mindset for continuous improvement.
• Knowledge and experience with regulated utilities.

Communication Skills:

• Listens objectively to various viewpoints, quickly synthesizes new data, and responds appropriately to various stakeholders across multiple communication channels.
• Prepares and delivers compelling, concise, persuasive presentations.
• Leverages and expands relationships with stakeholders in the Accounting & Finance department, as well as other departments and groups.

Required Education and Experience:

• Bachelor’s degree in accounting or finance; CPA or MSA desirable.
• Prior Investment Banking or M&A Analyst experience desirable.
• At least five years of professional-level financial analyst experience.
• Familiarity with financial accounting systems, preferably JD Edwards Enterprise One, Power Plant, Insight, Microsoft Excel, and database software are desirable.

Location:
This position may report out of any of the following subsidiary locations of H2O America: San Jose Water (San Jose, CA), Texas Water (New Braunfels, TX), Connecticut Water (Clinton, CT) or Maine Water (Saco, ME).

Salary:

California: $95,268 - $171,462/annually
Connecticut: $75,582 - $136,068/annually
Maine:$75,582 - $136,068/annually
Texas: $71,298 - $127,316/annually

EEO Statement
Our company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.