NM Operations Analyst

PNM; Albuquerque (NM); On-site; USD 73,000 - 121,000; Full time

Job summary

PNM is seeking an Analyst for NM Operations to manage the department's budget, collaborate with Legal and Regulatory, and coordinate contracts. The role involves preparing budgets, variance analyses, and financial forecasting for NM T&D and related projects.

With a Bachelor's degree and 6–7 years of experience, you will engage with Corporate Finance and leadership to drive budgeting processes and performance metrics across multiple centers and contracts.

Qualifications

• Bachelor's degree in a related field with six to seven years of related experience.
• Experience managing budgets for department, projects, and contracts.
• Ability to collaborate with Legal, Regulatory, and Corporate Finance.

Responsibilities

• Manages monthly budget process for department, projects, and services contracts.
• Develops budgets for NM T&D O&M and Capital projects.
• Prepares and presents budget reports to leadership.
• Coordinates stakeholder meetings and manages contracts.

Skills

Budgeting

Financial analysis

Project management

Regulatory knowledge

Communication

Education

Bachelor's degree in related field

Tools

Microsoft Excel

Microsoft PowerPoint

Budgeting software

Job description

Department: NM Business Operations Support

JOB DESCRIPTION

Analyst, NM Operations

Salary Grade: G07
Minimum Midpoint Maximum
$73,060- $96,804- $120,548

SUMMARY

Collaborates with Legal and Regulatory, including preparing and editing testimony. Works closely with Corporate Finance and manages the monthly budget for the department, individual projects, and contracts. Coordinates and manages stakeholder meetings.

ESSENTIAL DUTIES AND RESPONSIBLITIES

• Manages monthly budget process for department, projects, and/or services contracts
• Plays key leadership role in developing, analyzing, reporting on and managing NM T&D¿s O&M ($35m to $40M annually) and Capital ($100M to $150M annually) budgets
• Individually or as a member of a team, manages monthly variance analyses, quarterly reforecasts, and annual AOP processes across 20+ budget home centers.
• Develops schedules and timelines and drives achievement of budget deadlines with NM T&D leaders of all levels (supervisor through vice president)
• Serves as expert resource and partner with Corporate Finance analysts and managers on budget processes
• Performs testing and provides input and recommendations on corporate budget systems as requested
• Analyzes, reviews, tracks and reconciles costs/invoices
• Prepares and presents budget reports to appropriate governance bodies and/or leadership
• Prepares and adjusts budgets and performs year end closing
• Manages profession services contracts and consultant work agreements
• Reviews contracts and invoices to validate transactions prior to settlement
• Ensures invoicing is executed by authorized personnel with appropriate disbursement authorization
• Administers current services contracts and leases assuring they are current and in compliance
• Assists with mitigating risks of expiration and or compliance issues of current services contracts and leases
• Coordinates with owners, suppliers, and stakeholders responsible for these services contracts and leases to assure future use of the asset
• Summarizes, interprets, and analyzes current and projected pricing for financial modeling use
• Prepares and presents contract reports to appropriate governance bodies and/or leadership
• Supports the development and negotiation of contract amendments, extensions, and new contracts
• Builds business cases, prepares recommendations and presents new project and initiative ideas
• Develops and manages scope, budget, and milestones of assigned projects
• Assists with garnering approval of final project from appropriate leaders and stakeholders
• Executes project and conducts periodic progress and tracking reviews using standard project management methods and tools, such as a Gantt chart
• Provides support for legal and regulatory matters related to transmission and distribution projects
• Prepares and edits testimony and/or interrogatory responses for any legal or regulatory matters related to transmission and distribution projects
• Collaborates with the Legal and Regulatory groups on any transmission and distribution projects related regulatory matters
• Coordinates, and manages stakeholder meetings, including issuing minutes and action items from these meetings
• Closes on assigned action items
• Manages relationships with stakeholders
• Documents work processes and standard work instructions
• Understands industry best practices and implements into daily work
• Performs benchmarking as a method to understand current performance and act upon results
• Prepares and presents benchmarking reports to appropriate governance bodies
• Assists with developing asset plans and roadmaps

COMPETENCIES

• In depth knowledge of PNM¿s financial systems and processes
• Ability to understand and apply business, legal, and regulatory concepts to assigned projects
• Ability to work on long-term issues and projects
• Extensive knowledge of budgeting systems and budget variance reporting
• Extensive knowledge of utility accounting, finance, rate making and economic principles and theories
• Ability to design, organize, prioritize, and schedule work assignments
• Excellent organization and planning skills
• Ability to pay attention to detail and maintain accuracy
• Strong oral communication, writing, and presentation skills
• Effective time management skills with ability to schedule and track several projects at once
• Ability to cross train with peers
• Ability to think and act independently and proactively
• Ability to think creatively and adapt to change
• Highly motivated team player with leadership skills
• Strong interpersonal skills
• Ability to work effectively with a wide range of constituencies and maintain a positive and productive working relationship
• Demonstrated skill and ability with generally accepted project management methodologies and tools
• Understanding of the utility industry, regulatory process, and political sensitivities

Working knowledge of word processing, presentation, spreadsheet, and project management software

MINIMUM EDUCATION AND OR EXPERIENCE

Bachelor's degree in a related field with six to seven years of related experience, or equivalent combination of education and/or experience related to the discipline.

COMMUNICATION SKILLS

• Ability to read, analyze, and interpret documents
• Ability to respond effectively when working with data or sensitive inquiries
• Ability to speak clearly and listen effectively
• Negotiation skills and ability to gain concessions without damaging relationships
• Ability to effectively present information in one-on-one and small group situations to customers, clients, management, and other employees of the organization

MATHEMATICAL SKILLS

• Ability to work with the concepts of probability, statistical inference, financial analysis, and fundamentals of plain and solid geometry and trigonometry
• Ability to apply the concepts of fractions, percentages, ratios, and proportions to practical situations

COMPUTER SKILLS

Working knowledge of word processing, spreadsheet, database, and presentation software

ANALYSIS AND PROBLEM-SOLVING ABILITY

• Ability to identify and resolve problems with minimal supervision
• Ability to apply common sense understanding to resolve problems
• Maintains a high level of accuracy
• Ability to collect data, establish facts, and draw valid and concrete conclusions that can be acted upon

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to stand and/or walk up to 1/3 of the time and sit up to 2/3 of the time. Manual dexterity required. May be exposed to wet or humid conditions (non-weather). Work near moving mechanical parts, in high and precarious places, and near fumes or airborne particles. Must occasionally lift and/or move up to 10 pounds.

WORK ENVIRONMENT

Office and field environments

SAFETY AND ADA STATEMENT

Safety Statement: Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.

Americans with Disabilities Act (ADA) Statement: If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.