Financial Planning and Analysis Supervisor

The Supervisor, Financial Planning & Analysis provides leadership for the organization's financial planning and analysis function, including budgeting, forecasting, long-range financial planning, financial performance analysis, power supply financial analysis, rates and cost-of-service activities, revenue assurance, and cooperative financial strategy. The position leads complex financial analyses and initiatives, provides financial information and recommendations to management, and promotes accurate, consistent, and timely financial planning and reporting. The Supervisor also establishes team priorities, reviews work products and supports employee development.

Essential Functions

• Oversee the organization’s annual operating and capital budgeting processes, including assumptions, department submissions, review, consolidation, and preparation of management and Board materials.
• Coordinate long-range financial planning and forecasting, including revenue, expenses, cash flow, capital requirements, and key financial measures.
• Review financial performance and variance analyses; identify significant trends, risks, and opportunities and provide recommendations to management.
• Serve as Finance’s lead for wholesale power financial analysis and coordinate with consultants and legal counsel on complex wholesale power agreement matters, including contract economics, billing and rate or tariff provisions, load and sales assumptions, power cost recovery, and financial and member impacts.
• Lead the organization’s rate design and cost-of-service activities by developing and maintaining supporting analyses and models, evaluating rate alternatives and financial and member impacts, and building internal capability in these areas. Coordinate with consultants and legal counsel on complex, specialized, or unusual rate matters and lead coordination with Billing and other stakeholders to implement approved rate and tariff changes.
• Oversee revenue analysis and testing of billed and unbilled revenue, rate applications, riders, adjustments, and related revenue streams, including programs such as SurgeSENSE and net metering, to support revenue accuracy, completeness, and financial controls.
• Lead analysis and strategy related to debt, liquidity, financing alternatives, lender requirements and covenants, equity targets, capital credit allocation and retirement strategies, and discounting and present-value analyses. Coordinate with financial consultants and legal counsel on complex equity, capital credit, financing, and related cooperative financial matters.
• Develop and review financial models, business cases, benchmarking, and return-on-investment analyses for proposed investments, contracts, and initiatives.
• Prepare and present financial results, forecasts, and recommendations to management, executive leadership, the Board, and other stakeholders, as assigned.
• Maintain consistent analytical standards, financial models, controls, and data-validation practices, and recommend improvements to planning and reporting processes.
• Supervise Financial Planning & Analysis staff by establishing priorities, assigning and reviewing work, providing coaching and feedback, supporting employee development, and monitoring team deliverables.
• Maintain effective working relationships with employees at all levels within LCEC. Ensure smooth operations, productive communications, and effective understanding during all interpersonal contacts. Provide accurate information to internal and external customers and management expeditiously and professionally.
• Support Storm Restoration efforts when needed. Work in emergency storm situations (i.e. hurricanes) and work long hours (>12 hours per day) for many continuous days/weeks as needed.
• Perform other duties as assigned.

Additional Responsibilities

QUALIFICATIONS

-Bachelor's Degree in finance, accounting, economics, business administration, or a related quantitative field. Required

Master's Degree in finance, accounting, business administration, economics, or related field. Preferred

Work Experience

7 to 10 Years Progressively responsible experience in financial planning and analysis, accounting, or a related finance function, including budgeting, forecasting, financial modeling, and performance analysis. Required

3 Years of supervisory or team leadership experience, including responsibility for assigning work, reviewing deliverables, and developing employees. Required

Experience preparing financial analyses and reports for management or executive-level audiences.

Required

Meaningful electric utility finance experience involving purchased power, utility revenue and load forecasting, rate analysis, and cost-of-service or rate design activities. Required

Electric cooperative finance experience involving debt, liquidity, equity, capital credits, or financial covenant analysis. Preferred