Senior Financial Analyst I
White Plains, US
Summary
The Financial Analysts in the Financial Analysis Group assist in providing financial analysis and support for all departments and sites throughout the organization, aiding senior and executive management in their decision making processes concerning economic, competitive, and cost-benefit analyses. Financial analysis includes but is not limited to producing and analyzing income statements, cash flows, various financial metrics, and scenarios. Financial Analysts assist in preparation of presentation materials for executive management and the Trustees, telling the financial “story” of the organization such that high-level, actionable information is communicated. This work supports robust financial and operational decision-making through expert advice and training on financial acumen, modeling, and best practices.
The Financial Analysts also assist in assessing industry changes and changes in NYPA’s overall business, and resulting modifications to financial models and processes. Additionally, the Financial Analysts support the analysis of cost and revenue data critical to the recovery of revenue requirements for NYPA’s generating facilities, various market areas, and transmission facilities. Such activities help identify and provide support for the development of business solutions that allow NYPA to maintain its competitive margin and financial integrity in the ever evolving electric utility marketplace. #LI-VB1
Responsibilities
- Work closely with the managers and other analysts on design and maintenance of automated financial tools and systems that ensure quality information and reports are delivered to senior management on a timely basis.
- Identify emerging needs and implement additional reports to present data in a concise and useful fashion. Design and implement financial models and modeling changes to quantify the potential impacts of industry changes and changes in NYPA’s overall business, including net income forecasts, cash flow forecasts, and relevant financial metrics. Test calculations and ensure accuracy of the models.
- Perform cost/benefit and life-cycle economic analyses of NYPA’s various facilities and programs, and any other special assignments/analyses as directed by senior management.
- Assist team members and manager with special assignments and analyses.
Knowledge, Skills and Abilities
- In-depth working knowledge of one or more of the following areas required: finance, accounting, and economics. Working knowledge of utility finance and/or the NYISO market preferred. Familiarity with oil & gas markets, hedging structures and instruments, and financial and bond markets a plus.
- Strong data analysis skills required, including statistical and quantitative financial analysis.
- Ability to solve problems, work in a team setting on implementations, and meet project deadlines.
- Proven ability to organize data, report on studies in a logical and effective manner, and a demonstrated ability to adapt to rapidly changing environments.
- Strong proficiency with Microsoft Excel, Word, PowerPoint and other computer applications and file organization procedures is required.
- Demonstrated ability to use Pivot Tables, Tables and Database formulas within MS Excel at intermediate level.
- Good working knowledge of MS Access, SAP BI, NYISO DSS, and/or Tableau is preferred. MS Visio knowledge is desirable.
- Effective communication and interpersonal skills.
- Ability to work closely with others in achievement of group and cross-departmental goals.
- Ability to organize and prioritize job assignments and complete tasks in a timely matter, at times, with limited supervision.
- Proactive attitude toward improving work processes and learning new methods.
- Ability to analyze financial, marketing and operational data and provide research in support of results and recommendations.
- An overall understanding of NYPA’s operations preferred.
- Ability to anticipate problems/issues and share them with others as appropriate.
Education, Experience and Certifications
- Bachelor’s Degree in Finance, Economics, Accounting, Mathematics or a related field.
- MBA or a Graduate Degree in Finance or a related field is preferred.
- Minimum of 2 years of finance experience.
- Energy /utility industry experience is required.
- Cost-of-service / rate making experience is preferred.
Physical Requirements
- Approximately 10% travel primarily to NYPA sites within NY State.
New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The target salary range for this position is: $89,500 - $109,500. Salary offered will be determined based the successful candidates’ relevant experience, knowledge, skills, and abilities.
The New York Power Authority and Canals Corporation believes that equity, diversity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across NY and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, gender identity and/or expression, age, veteran status, disability status, pregnancy, marital status, genetic information, arrest record or criminal conviction history, or any other category protected by law.
We are happy to provide reasonable religious accommodations during the hiring process for those in need. If you have a disability or special need that requires a reasonable accommodation, please send a request to accessibility@nypa.gov.
Nearest Major Market: White Plains
Nearest Secondary Market: New York City
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