Financial Analyst 3

ERCOT Budget Analyst

At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow's energy challenges while learning new skills and growing your career.

ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.

Job Summary

Performs a wide variety of professional level budget analysis and development duties involving the preparation, administration, maintenance, review and control of the organization's budget. Formulates, monitors, and presents budgets that allocate current resources and estimate future financial requirements for the organization. Maintains specialized financial records and statistics, and prepares financial reports. Provides consultative services to management staff and performs related financial and budgetary duties as assigned.

Job Duties

• Contributes to the development and approval of ERCOT's annual organization and departmental budgets and regulatory fee filing package
• Analyzes financial and operational trends including revenue and expense trends
• Assists in developing, preparing and analyzing financial analysis projects
• Examines, analyzes, and determines efficiency improvements
• Makes routine business decisions and escalates issues to management when needed
• Performs all work according to applicable rules and regulations including regulatory requirements and organization policies and procedures
• Helps in the preparation and analysis of periodic budget to actual comparison reports Helps provide information and advisory services relating to the causes of significant variances and possible resolutions
• Makes independent business decisions except in instances of unusually complex business scenarios
• Communicates results of analyses to appropriate stakeholders, including maintaining regular communication with the management team, providing relevant fiscal information to ensure compliance with all applicable requirements
• Assists in maintaining and coordinating finance and finance control policies and procedures
• Assists in resolving finance issues of diverse scope and demonstrates sound judgment in selecting methods and techniques for obtaining solutions
• Builds strong professional relationships both internally and externally
• Key contributor to finance system upgrades and conversion efforts and maintains relationship with information technology staff

Experience

Required

• Minimum of 3 years work experience using the below knowledge and skills
• Accounting knowledge in general ledger, revenues, expenses, amortizations, accruals, payroll, etc.
• Procurement knowledge such as purchase requisitions, purchase orders, invoicing, etc.
• Experience working with financial budgets, forecasts and performing variance analysis to actual spend
• Proficient in Excel
• Strong written communication skills
• Proven self-starter personality with focus on team success

Preferred

• Data-driven analysis (Power BI, SQL, Power Pivot, etc.)
• Workday ERP
• Adaptive for financial planning
• AI tools (ChatGPT, Claude, Copilot)

Education

• Bachelor's degree in Accounting, Finance, or related field (required)

Work Location

• Hybrid in Taylor, TX (2 days a week)

The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time. ERCOT is firmly committed to equal employment for all qualified persons without regard to race, sex, medical condition, religion, age, creed, national origin, citizenship status, marital status, sexual orientation, physical or mental disability, ancestry, veteran status, genetic information or any other protected category under federal, state or local law.

Expected Salary Range: $74,000 - $102,000