What are the responsibilities and job description for the Financial Analyst, Lead position at ITC Holdings Corp.?
Job Summary
JOB DESCRIPTION
The Financial Analyst, Lead is the primary analyst leading the capital investment forecasting and reporting, long-term forecast objectives, development of complex financial analyses, maintaining financial models and providing timely, accurate, transparent and relevant financial information to key internal and external stakeholders.
Essential Duties & Responsibilities
Make a Power Move - For the Greater Grid: Reliable. Resilient. Ready.
As AI innovation, automation and economic growth reshape the way we live and work, the demand on our power infrastructure is growing fast. At ITC, we’re building the greater grid that’s ready for today’s technology and tomorrow’s possibilities.
Our people bring the power - fueling innovation and strengthening the grid every day. We’re looking for individuals who are ready to make a power move and help us build a greater grid for a more reliable and affordable energy future.
ITC offers industry-leading compensation, benefits and opportunities to channel your energy into solutions. We foster a culture of belonging - where every voice is valued, differences are celebrated and everyone has the opportunity to thrive. Make a power move today.
JOB DESCRIPTION
The Financial Analyst, Lead is the primary analyst leading the capital investment forecasting and reporting, long-term forecast objectives, development of complex financial analyses, maintaining financial models and providing timely, accurate, transparent and relevant financial information to key internal and external stakeholders.
Essential Duties & Responsibilities
- Leads budgeting, forecasting and financial planning processes for capital investment.
- Responsible for the maintenance and ongoing assessment of complex financial models, including performing model modifications and upgrades to improve accuracy of financial projections.
- Leads the development of long-term forecast objectives such as the annual five-year Business Plan, Goodwill impairment assessment and rate forecasting for customers.
- Manages and continuously improves processes for collection, organization and analysis of quantitative data used to develop capital investment and financial projections.
- Builds and maintains strong partnerships with departments across the organization to support objectives, make informed business decisions and provide end-to-end Finance support.
- Leads development of various financial reports and presentations for key internal and external stakeholders, including Senior Leadership Team and Board of Directors.
- Responsible for keeping a pulse on financial health and outlook of the business by measuring and monitoring actual performance against budgets, forecasts and internal goals.
- Develops complex financial scenarios, sensitivities and analyses related to special projects and ad hoc requests.
- Presents and communicates financial forecasts and/or other financial results/analysis to peers and leadership.
- Collaborates with other members of the Finance & Treasury teams to implement best practices and develop new frameworks for analyzing the business.
- Participates in cross-functional initiatives to improve processes, systems and automation.
- Provides direction to lower-level professionals and/or support staff.
- Bachelor's degree with major in relevant business field (e.g., Accounting, Finance, Economics, etc.) or relevant, equivalent experience and/or education.
- Master's degree in business administration, finance or accounting preferred.
- Minimum of seven (7) years of related analytical experience preferably in budget development, financial modeling and project analysis.
- Ability to analyze and interpret complex financial models/information.
- Advanced problem-solving skills.
- Ability to communicate effectively both verbally and in writing with superiors and individuals inside and outside the company.
- Advanced knowledge of Microsoft Excel and PowerPoint.
- Proficient in Microsoft Word.
- Ability to work with minimal supervision in a team environment.
- Ability to multi-task and manage competing deadlines.
- Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas.
Make a Power Move - For the Greater Grid: Reliable. Resilient. Ready.
As AI innovation, automation and economic growth reshape the way we live and work, the demand on our power infrastructure is growing fast. At ITC, we’re building the greater grid that’s ready for today’s technology and tomorrow’s possibilities.
Our people bring the power - fueling innovation and strengthening the grid every day. We’re looking for individuals who are ready to make a power move and help us build a greater grid for a more reliable and affordable energy future.
ITC offers industry-leading compensation, benefits and opportunities to channel your energy into solutions. We foster a culture of belonging - where every voice is valued, differences are celebrated and everyone has the opportunity to thrive. Make a power move today.