Principal Financial Analyst (Corporate FP&A)

Principal Financial Analyst (Corporate FP&A)

Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now. PSE's Financial Planning & Analysis team is looking for qualified candidates to fill an open Principal Financial Analyst (Corporate FP&A) position! Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.

Job Description Puget Sound Energy (PSE) is looking for a Principal Financial Analyst to join our Corporate Financial Planning & Analysis team. In this role you will support the organization's short and mid-term financial forecasting by performing qualitative and quantitative analyses to drive decision-making, support corporate initiatives and resolve complex issues in creative and effective ways. A successful candidate will be able to lead the development of interdepartmental consensus on analytical assumptions and approaches leveraged for financial planning purposes. Key areas of focus include financial modeling, variance analysis and senior leadership reporting.

Job Responsibilities:

• Leads the process to update the monthly outlook and/or budget forecasts, and provides variance analyses.
• Presents the results to PSE directors and officers.
• Develops comprehensive, complex models to create the five-year plan and evaluate financial and valuation impacts of operating and corporate initiatives, and conducts various ad-hoc strategic analyses throughout the planning cycle.
• Anticipates and identifies areas of opportunity or inherent business risks evident in the data and communicates action plans to stakeholders.
• Participates in the annual creation of the corporate mid and long-term financial plan.
• Facilitates and may lead the ongoing evaluation of the corporate mid and long-term financial plan.
• Helps develop corporate financial strategy by interfacing with PSE management and building interdepartmental consensus on modeling assumptions.
• Produces presentations for finance management committees and Board of Directors.
• Continually improves forecast integrity by utilizing internal and external information resources, researching new financial metrics and modeling techniques, benchmarking, and data analytics.
• Promotes best practices of modeling techniques, methodologies, controls and documentation.
• Instructs investor analysts on modeling PSE business activity.
• Provides analytic direction to the business case team by structuring analytical problems, identifying areas for further analysis and summarizing results for decision-making.
• Promotes accountability of financial assumptions and results across the organization by communicating to and educating business groups about financial implications of business operations.
• Leads, trains, and mentors staff in the development, administration, and analysis of the short-, mid-, and long-term corporate financial plans.
• Supports various rate proceedings by answering data requests.
• Creates and maintains forecasts, models, and reports in financial planning tools like UI and Anaplan.

Minimum Qualifications:

• Bachelor's Degree in Business, Finance, Accounting or related field and/or equivalent experience with progressively increasing level of responsibility
• 5+ years in finance roles with progressively increasing levels of responsibility
• Excellent communication, writing and presentation skills with the ability to interface effectively with all levels of management
• Ability to work effectively without direct supervision in a fast paced, stressful, and multitasking environment

Desired Qualifications:

• Master's Degree in a quantitative field or MBA
• Applicable Finance Certification (CFA, CPA, CTP)
• 5+ years of experience in the gas and/or electric industry
• Demonstrated ability to manage multiple projects and create capacity
• Ability to adapt and react to unforeseen business decisions and situations
• Experience leading and delivering projects under tight deadlines

At PSE, we value our employees and provide them with opportunities to excel. We offer a competitive and comprehensive total rewards package. To learn more about why PSE is a great place to work, see our Employee Value Proposition, which highlights our commitment to employee growth, work-life balance, and meaningful career opportunities in the energy sector. The pay range for this position is $94,300.00 - $156,900.00, and this position is eligible for annual goals based incentive bonuses. PSE offers a suite of benefits to our employees. Employees are eligible for medical, dental, vision, basic life, and short- and long-term disability insurance. There are additional voluntary options of supplemental life insurance, accidental death and dismemberment insurance, flexible spending accounts for health care and dependent daycare, and an Employee assistance program (EAP). For long term savings, PSE offers a 401(k) investment option and a cash balance retirement plan. Employees will also receive Paid Time Off (PTO) and Paid Holidays throughout the calendar year. Detailed benefit overviews can be found on our Career page - Why Work For Us.

Families and businesses depend on PSE to provide the energy they need to pursue their dreams. Our steadfast commitment to serving Washington communities with safe, dependable and efficient energy started in 1873. Today we're building the Northwest's energy future through efforts like our award winning energy efficiency programs and our leadership in renewable energy. Puget Sound Energy is committed to providing equal employment opportunity to all qualified applicants. We do not discriminate on the basis of race, color, religion, sex, national origin, age, sexual orientation, gender identity, marital status, veteran status or presence of a disability that with or without reasonable accommodation does not prevent performance of the essential functions of the job, or any other category prohibited by local, state or federal law.