Financial Analyst

Position Summary

Responsible for coordinating and monitoring the Capital Additions Budget and Plans.  This will include assisting the NPPD organization and its business units with following the current required Capital Planning process and reporting.  Compile, analyze, and develop recommendations on financial and management cost information for the business unit/facility supported, including the development of short-term and long-range financial plans and budgets for Operations & Maintenance (“O&M”), Administrative & General (“A&G”), and Capital, along with monitoring progress and explaining variances from those plans.  Utilizes financial reporting and performance management tools necessary to enable the business unit to plan, measure and evaluate their financial performance.  Performs, supports, or coordinates financial performance benchmarking for the business units and provides direct support for financial requirements related to contracts with external entities, including the issuance of invoices as necessary. Create and maintain financial master data for NPPD’s enterprise accounting and costing software.  Provides backup support for the District’s SAP Analytics Cloud for Planning System (“SAC Planning System”) and related SAP system.

Education, Training and Experience

Bachelor's Degree in accounting, finance, business administration, or computer science;

(OR)

Associates Degree in accounting or business administration and four years related experience;

(OR)

High School/GED and 10 years related experience in a related field.

Related Experience

Experience in financial reporting systems and analyzing financial information. Job duties involving application of technical accounting principles, utility costing, Federal Energy Regulatory Commission (FERC) reporting, and benchmarking work responsibilities are desirable.

Licenses and/or Certifications

None

Essential Duties & Responsibilities

Establish and maintain an integrated financial plan (O&M, A&G, and Capital) to support the financial objectives of the business unit/facility.  Prepare standard, business unit specific, and ad hoc financial reports and analysis for management team.  This requirement includes the current year budget, active planning, and the six-year rate outlook plan.

Accountable for coordinating and developing the Capital Additions Budget for adoption by the Board of Directors.  Prepare all detail and funding reports for Rate Outlook and Board Approved Budget, as well as tracking authorized dollars to budget dollars, evaluating actual spend vs. budget dollars, and identifying areas that are approaching the budgeted dollar amount. 

Monitor and analyze variations between actual versus planned costs for operating, administrative and capital results.  Assess the overall impact of these variances to current period results and year end projections. Monitor and correct monthly entries to accurately reflect financial data which includes accrual journals, pcard transactions, and invoicing corrections.

Advise and provide guidance to business unit personnel on O&M versus capital designations for projects.  Assist in the categorization, planning, cost performance tracking, and monitoring of expenditures and provide periodic financial status on business unit projects. Create and maintain SAP master data objects for both capital and O&M.

Establish funding all Capital Additions Budget and plan items to ensure that the District has funding available, that funding is from an appropriate source, such as bond proceeds, revenues, etc., and that limits are not exceeded. 

Coordinate and prepare all Monthly Capital Board Reports.

Essential Duties & Responsibilities (Continued)

Advise and provide guidance to the NPPD organization and its business units with following the current required Capital Planning Process and reporting. 

Interface with Property Plant Accountants to monitor capital spending for supplement requirements.  Assist and communicate with the Property Accountants and Business Units to assure compliance with District Policy FM-19.

Accountable for providing back up support for the settlement process on plan costs in accordance with the financial planning timeline for the 6-year rate outlook, Board Approved Budget, and the month-end plan closing schedule.

Accountable for other duties as assigned.

Core Competencies