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Sr. Financial Analyst

Company: American Water
Location: Charleston
Posted on: August 5, 2022

Job Description:

Career Opportunities: Sr. Financial Analyst (102991) Requisition ID -102991 -- -Posted -06/13/2022 -- -Rates & Regulatory Services -- -WV -- -Charleston -- -Full Time - Regular This is a -brand new -role with West Virgina American Water to help support our Rates & Regulatory in areas such as rate cases, acquisitions, data requests, and more. Our team is growing and we want YOU to join us! If you are someone who is attentive to detail, has experience in financial analyis, and can build good relationships--don't want to apply! Diversity of backgrounds, ideas, thoughts, and experiences is vital to our culture and the way we do business. Creating an environment where differences are embraced and where every person feels engaged and included makes us safer, stronger, and more successful. With a history dating back to 1886, American Water (NYSE:AWK) is the largest and most geographically diverse U.S. -publicly traded water and wastewater utility company. The company employs more than 6,400 -dedicated professionals who provide regulated and regulated-like -drinking water and wastewater services to an estimated 14 -million people in 25 -states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com -and follow American Water on Twitter , Facebook -and LinkedIn . PLEASE NOTE: In order for American Water to evaluate decisions about new regulations, reintegration, and safe operating practices, all employees are required to report their vaccination status. Primary Role Support the end-to-end preparation and development of the financial analysis and the compliance reporting requirements to support state/operational business partners in all rate and regulatory matters. Support the completion of exhibits, work papers, interrogatories, and writing testimony to sponsor in a timely and accurate fashion. Prepare regulatory reports, financial information, and operational data necessary for filing complete and timely rate applications and reports to state regulatory commissions. Manage contract and special account customer billing data as it relates to tariff and contract compliance. Coordinate operational data requirements and calculations as part of various rates and regulatory reports. Key Accountabilities

  • Serve as ---rst level resource for various department or functional issues which may be related to customer service, billing, tari--- administration, business performance, regulatory compliance, etc.
  • Answer routine rate and regulatory inquiries and assist in recognizing and troubleshooting larger problems.
  • Lead tari--- update e---orts related to regulatory ---lings, ensuring regular maintenance and accuracy of rate related tari--- pages.
  • Communicate updated tari---s to the appropriate functional areas (i.e., tari--- administration, CSO, business - development, communications, operations, etc.) and verify correct rates are input into the customer billing system.
  • Calculate annual contract rate increases, communicating results in a timely manner to major accounts managers. Coordinate implementation of new rates with the appropriate functional areas and review final bills for accuracy of revised rates.
  • Prepare analysis that supports operational/state business partners in the ---ling of base rate cases, alternative regulatory mechanisms (DSIC, trackers, etc.), and quarterly/annual public service commission filings. Ensure the ---nancial support is complete, accurate and timely prepared meeting all ---ling deadlines.
  • Support the end-to-end preparation and development of the pro forma adjustments that are relied upon to support base rate case requests and alternative regulatory mechanisms.
  • Support the accurate preparation of rate case support schedules, testimony and exhibits.
  • Prepare written testimony (written and oral) and sponsors various adjustments in rate ---lings.
  • Prepare responses to interrogatories for schedules and exhibits they own.
  • Prepare routine regulatory compliance ---lings, responses to ad hoc requests from regulators, compliance requirements from public utility commission orders.
  • Provide research and comparative analyses of public utility issues, rate analysis, trends, and best practices. Knowledge/Skills
    • Highly organized and detail-oriented, with the capacity to handle multiple responsibilities.
    • Motivated self-starter with the ability to work independently.
    • Fundamental accounting concepts and understanding of analytical concepts for financial analysis as well as US GAAP accounting practices.
    • Data collection, research, statistical and cost analysis.
    • Business report writing, preparation and delivery of presentations.
    • Audit, review and analyze business and financial records.
    • Microsoft Office Suite (MS Word, PowerPoint, Excel) with particular expertise in Microsoft Excel.
    • Must have the ability to review data and make appropriate decisions regarding public utility operations and to project future costs.
    • Economic principles relating to utility rates and cost analysis. Experience/Education
      • Bachelor's degree in economics, finance, accounting, business or a closely related field or an equivalent combination of education and experience.
      • Experience in forensic accounting and/or a Master's degree in Business, Accounting, or Finance preferred.
      • Three to six years of pertinent technical experience. Utility industry experience a plus. Working knowledge of SAP a plus. Travel Requirements
        • Up to 5%
        • Standard office environment
        • Hybrid work schedule available (work up to 2 days per week from home) Certifications and Licenses
          • CPA, CMA or other technical license a plus. Champions safety Cultivates innovation Customer obsessed Drives Results Nimble learning Join American Water... We Keep Life Flowing --- American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are -an individual with a disability, protected veteran or other status protected by federal, state, and local laws.

Keywords: American Water, Charleston , Sr. Financial Analyst, Accounting, Auditing , Charleston, South Carolina

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