What are the responsibilities and job description for the Sr Financial & Planning Analyst position at Consumers Energy?
Consumers Energy is Michigan’s largest energy provider, providing natural gas and/or electricity to 6.8 million of the state’s 10 million residents in all 68 Lower Peninsula counties. Consumers Energy knows job number one is to keep the lights on for customers. We are committed to delivering reliable, clean, and affordable energy to our customers 24/7.
This position is not eligible for immigration sponsorship, e.g., H-1B, TN, etc. Please do not apply if you will need immigration sponsorship for a work visa now or in the future, including sponsorship for H-1B, TN, etc., now or in the future. We are unable to hire individuals with CPT, OPT, or STEM OPT for this position as the position is not eligible for participation in the H-1B lottery program and is not eligible for current or future immigration sponsorship for a work visa.
Location: This is a hybrid (virtual/onsite) position with required onsite days on Monday, Tuesday and Thursday assigned to the One Energy Plaza headquarters located in Jackson, MI. The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).
General Summary Of Job Responsibilities
The Senior Financial & Planning Analyst is responsible for financial statement forecasting for the utility segments (Gas Business Unit) as well as potentially other segments and parent company. The Analyst will conduct numerous scenario analyses and perform variance analyses on forecasts (vs prior year, vs prior forecast, vs budget, etc.) to identify areas for improvement and provide guidance on future trends. The Analyst will work closely with numerous organizations within the company to maintain accurate and valid forecasts. The Analyst will also work closely with executive Finance leadership to make recommendations and support C-suite decision-making.
Essential Duties And Responsibilities
At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.
What We Offer
We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don’t discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capABLE, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.
This position is not eligible for immigration sponsorship, e.g., H-1B, TN, etc. Please do not apply if you will need immigration sponsorship for a work visa now or in the future, including sponsorship for H-1B, TN, etc., now or in the future. We are unable to hire individuals with CPT, OPT, or STEM OPT for this position as the position is not eligible for participation in the H-1B lottery program and is not eligible for current or future immigration sponsorship for a work visa.
Location: This is a hybrid (virtual/onsite) position with required onsite days on Monday, Tuesday and Thursday assigned to the One Energy Plaza headquarters located in Jackson, MI. The selected candidate must be within a commutable distance or willing to relocate (relocation package is available for those that qualify).
General Summary Of Job Responsibilities
The Senior Financial & Planning Analyst is responsible for financial statement forecasting for the utility segments (Gas Business Unit) as well as potentially other segments and parent company. The Analyst will conduct numerous scenario analyses and perform variance analyses on forecasts (vs prior year, vs prior forecast, vs budget, etc.) to identify areas for improvement and provide guidance on future trends. The Analyst will work closely with numerous organizations within the company to maintain accurate and valid forecasts. The Analyst will also work closely with executive Finance leadership to make recommendations and support C-suite decision-making.
Essential Duties And Responsibilities
- Conduct numerous scenario analyses and perform variance analyses on forecasts (vs prior year, vs prior forecast, vs budget, etc.) to identify areas for improvement and provide guidance on future trends.
- Make recommendations to leadership to increase profitability, improve customer rate affordability and/or strengthen balance sheet
- Act as a trusted financial advisor, communicate complex financial data, differences in performance, and provide recommendations to senior management and leadership.
- Create custom dashboards and enhance financial reports with graphs, tables, and charts using data visualization solutions like Power BI, Tableau, or FP&A software to easily incorporate data visualization into their spreadsheets.
- Ownership of financial statement forecasting for the utility segments as well as potentially other segments and Parent company. This includes a 2 year forecast that is updated monthly as well as a 5 year forecast that is updated annually or as needed.
- Create management financial reports for the executive leadership team and perform adhoc financial analyses to identify the impact of strategic choices on earnings, rates and/or credit metrics
- Review financial models created by subordinate analysts for accuracy to provide to senior leadership
- Other duties as assigned or may be necessary
- Skill in collecting and analyzing complex data.
- Ability to present data clearly and concisely.
- Excellent communication skills both written and verbal.
- Strong analytical ability, including the ability to quickly and effectively analyze, compare, and interpret data as well as strong problem solving skills.
- Highly proficient in Microsoft Office programs with an emphasis on Excel.
- Knowledge of economic and Generally Accepted Accounting Principles (GAAP) and procedures, the financial markets, Federal Energy Regulatory Commission (FERC) and the analysis and reporting of financial data.
- Proficient with financial management and analysis software (e.g. SAP, Business Intelligence, Power BI).
- Knowledge of the regulated utility construct for Michigan as governed by the Michigan Public Service Commission (MPSC)
- Bachelor's degree in Finance, Economics, Accounting, or related discipline 4 years of relevant experience
- [OR] Associate's degree in Finance, Economics, Accounting, or related discipline 6 years of relevant experience
- [OR] High School diploma and 8 years of relevant experience
At Consumers Energy, we offer more than just a place to work. We foster a culture that supports career development, growth, and stability, and we take pride in offering our co-workers excellent benefits and compensation packages. We are deliberately creating an inclusive culture that makes our diverse team of co-workers feel valued, supported, and empowered every day. We're a company made up of thousands of people, all with different stories to share and work to do, but we stand united in our company purpose: world class performance delivering hometown service.
What We Offer
- Competitive compensation packages
- Medical, Dental and Vision
- 401k with company match
- Paid parental leave
- Up to 13 paid Holidays
- Paid time off
- Educational Assistance Program
We, at CMS Energy, value Diversity, Equity, & Inclusion. It is part of our DNA. We treat our employees with respect, we treat each other fairly and we value the opinions of others. We are passionate about building and nurturing an environment where everyone feels included. We don’t discriminate. We seek to learn about each other and better understand our unique differences. Our uniqueness makes us authentic. We create safe spaces where everyone can be who they truly are. We invite difficult conversations and uncomfortable topics. We value diverse perspectives; this is what makes us great together. We harbor an inclusive environment where employees feel empowered to share their backgrounds, experiences, and ideas. Our Employee Resource Groups, Women in Energy (WE), Minority Advisory Panel (MAP), Pride Alliance of Consumers Energy (PACE), GENERGY, capABLE, Interfaith and Veterans Advisory Panel (VAP) are key enablers to living the values of our company culture: Caring, Empowered, Deliberate, Agility, and Ownership.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity or national origin.