FINANCIAL ANALYST ASSOC-STAFF
Job description
COMPANY OVERVIEW
El Paso Electric Company is a regional electric utility providing generation, transmission, and distribution service to more than 443,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande Valley in West Texas and Southern New Mexico. We invite you to visit our website to learn more about our 120-year history, discover our plans for transforming the energy landscape, and encounter great opportunities with El Paso Electric.
DATE POSTED: MAY 09, 2023 CLOSING DATE: MAY 16, 2023
GRADE LEVEL: 51-52
DEPARTMENT: Financial Services
STARTING SALARY: $58,600 - $90,300 Salary is commensurate with experience.
JOB SUMMARY PURPOSE
Under the general supervision of the Financial Planning & Analysis Manager, this position serves as a member of the Finance team and serves as the assigned financial liaison for a designated business unit(s) or at corporate. Provides management with financial reporting and analysis that is used for strategic and tactical decision making. Works with various levels of management within the business units as well as corporate stakeholders to develop, interpret and implement financial and accounting concepts or techniques related to strategic planning, budgeting, and forecasting to drive business results.
EDUCATION
- Bachelor’s degree in Accounting, Business, Economics, Management or Finance
- FP&A or CPA preferred
EXPERIENCE
0-3 or more years of experience
KEY JOB RESPONSIBILITIES
Must possess required knowledge, skills, abilities and experience and be able to explain and demonstrate with or without a reasonable accommodation that the essential functions of the job can be performed.
MINIMUM KNOWLEDGE, SKILLS & ABILITIES:
- Relevant experience in finance, treasury, financial modeling, or accounting.
- Experience with cash accounting.
- Working experience with accounting software, reporting software.
- GAAP knowledge preferred.
- Knowledge of MS Office including Excel, PowerPoint, and Office Suite.
- Knowledge of appropriate accounting and financial modeling software programs.
- Ability to work independently.
- Analytical skills
- Detail-oriented
- Financial analysis skills
- Interpersonal skills
- Presentation skills
- Quantitative analysis planning
- Ability to effectively manage several tasks at the same time.
- Effective verbal and written communication skills.
- Ability to maintain effective working relationships with officers, managers, fellow employees, and the general public.
- Ability to maintain a strong sense of propriety concerning confidential matters.
ESSENTIAL JOB FUNCTIONS
- Supports business unit general manager and senior-level directors/managers.
- Provides training to the finance/operational teams as assigned.
- Serves as finance lead for assigned business unit, including compiling and analyzing all financial information.
- Prepares and presents monthly financial review package to management.
- Assists in preparation and analysis of annual budgets and long range plans.
- Prepares consolidated forecasts and analyzes trends in revenue, expense, capital expenditures and other related areas.
- Conducts complex business analysis including ROI, NPV and IRR, making recommendations to management on new products, features, pricing, marketing promotions, based on historical financial data.
- Researches, analyzes and synthesizes data from multiple sources into business information as directed and by self-identification of business information needs.
- Works with management and business units to determine strategic objectives and identify opportunities to meet these goals.
- Prepares financial and business-related analysis and research in such areas as financial and expense performance, rate of return, depreciation, working capital, and investments.
- Assists with compilation and analysis of consolidated budgets and long range plans.
- Carries out performance analysis and reporting.
- Assists in budgeting, revenue and expense analysis, business trends analysis, and special ad hoc projects related to the designated business unit.
- Works with business users to refine and improve current reporting and analysis, often performing ad hoc reporting to satisfy end-users.
- Performs month-end review of results to ensure accuracy.
- Assists in revenue, expense, and cash flow projections and expense saving opportunities within all areas of the forecast models.
- Analyzes projections with respect to various operating strategies, shareholder value measures, and other metrics or objectives.
- Analyzes actual results to understand variances, and revises projections as appropriate.
- Complies with all applicable Company policies, procedures and code of ethics as well as all applicable governmental laws and regulations to include employment, safety and environmental standards and regulations.
- Perform other related tasks that are not included, but are within the context of the duties defined.
WORK ENVIRONMENT
- The incumbents in this classification are not substantially exposed to adverse environmental conditions; primary work environment is typically of an office or administrative nature.
- May work non-standard hours.
- May require travel to Company work sites.
- May require out of town travel.
PHYSICAL DEMANDS:
- Sedentary work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently, or constantly to lift, carry, push, pull or otherwise move objects.
- Walking: Moving about on foot to accomplish tasks.
- Pushing: Using upper extremities to press against something with steady force in order to thrust forward, downward or outward.
- Pulling: Using upper extremities to exert force in order to draw, drag, haul or tug objects in a sustained motion.
- Lifting: Raising objects from a lower to a higher position or moving objects horizontally from position-to-position.
- Fingering: Picking, pinching, typing or otherwise working, primarily with fingers rather than with the whole hand or arm as in handling.
- Grasping: Applying pressure to an object with the fingers and palm.
- Talking: Expressing or exchanging ideas by means of the spoken word; those activities in which detailed or important spoken instructions must be conveyed to other workers accurately, loudly or quickly.
- Hearing: Ability to receive detailed information through oral communication, and to make fine discriminations in sound, such as when making fine adjustments on machined parts.
- Repetitive motions: Substantial movements (motions) of the wrists, hands, and/or fingers.
- Visual acuity: Color, depth perception and field of vision to include measurement devices for close inspection and analysis.
If interested in applying for this position, you must apply on-line by 5:00 PM, MAY 16, 2023.
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