Financial Analyst I/II/III

Position Purpose and Objectives:

The Financial Analyst I/II/III team is responsible for budget development, financial planning, forecasting, variance analysis, and management reporting that supports informed business decisions. Various members of the team may be assigned specific duties in support of those tasks, such as:

• Analyze Rate Class Revenue: Conduct monthly variance analysis on retail revenue by sales class (residential, commercial, industrial, etc.) to identify load volume and pricing drivers.
• Manage Power Cost Variances: Track cost of power expenses against budget and isolate variances driven by various metrics.
• Manage Power Cost Variances: Track cost of power expenses against budget and isolate variances driven by various metrics.
• Track Capital & Expense Budgets: Monitor capital expenditures alongside operating expenses to manage total utility revenue requirements.
• Model Power Cost Forecasts: Built long-term financial models integrating purchased power agreements, rate structures, and sales class growth trends.
• Report Regulatory Performance: Developed automated reports and dashboards to report budget-versus-actual variances.

Essential Functions and Responsibilities:

• Collects and analyzes financial information for the organization and/or departments to track the organization's progress against its financial goals. Develops financial models and analyses to support budget planning, forecast updates, operations performance reviews, and strategic initiatives. 
• Analyzes current and past trends in key performance indicators, including all areas of revenue, operating expenses, budget performance, forecast assumptions, and capital expenditures.  Identifies causes of unexpected variance.
• Reports current or expected financial performance and creates financial models to provide management with budget recommendations, scenario analysis, and decision-making tools. 
• Collaborates with departments to develop annual operating and capital budgets, validate assumptions, and monitor budget-to-actual performance. 
• Develops ad-hoc analysis reports. Supports management team and department heads with in-depth analysis. Prepares budget, forecast, and financial performance presentations for management and Board of Directors meetings.
• Performs other duties as may be requested or assigned to meet the needs of United Power in the interest of good management practices.
• Creates, expands, and maintains professional and productive working relationships with peers and stakeholders. Works collaboratively with colleagues and fosters a spirit of cooperation and inclusion in the workplace.

Supervision Received and Exercised:

Financial Analyst I

Receives regular supervision from the manager and may receive guidance from Financial Analyst II/III. May mentor administrative staff.

Financial Analyst II

Receives general guidance from the manager. May coach and mentor Financial Analyst I and administrative staff.

Financial Analyst III

Receives limited guidance from the manager. May coach and mentor Financial Analyst I/II and administrative staff.

Required Education, Training, and Experience:

A bachelor’s degree in business, finance, economics, data analytics, or a related field,

Financial Analyst I

AND a minimum of two (2) years of financial analysis, budgeting, forecasting, or business planning experience; or an equivalent combination of education and experience.

Financial Analyst II

AND a minimum of five (5) years of financial analysis, budgeting, forecasting, or business planning experience; or an equivalent combination of education and experience.

Financial Analyst III

AND a minimum of seven (7) years of financial analysis, budgeting, forecasting, or business planning experience; or an equivalent combination of education and experience.

Desired Experience:

Master’s degree in finance, business analytics, economics, or a related field;

Power BI or other financial reporting dashboard experience preferred.

Required Knowledge, Skills, and Abilities:

Possesses solid working knowledge of financial planning, budgeting, forecasting, variance analysis, and management reporting. 

Must be able to effectively manage multiple priorities and be able to work independently.

• Possesses analytical thinking skills.
• Intermediate statistical knowledge.
• Proven ability to meet deadlines.
• Advanced written and oral communication skills.
• Demonstrated ability to demonstrate initiative.
• Possesses a high level of attention to detail.
• Demonstrated ability to work in a team setting and partner with others.
• Advanced knowledge and experience in the use of Microsoft applications such as Excel and PowerPoint. 
• Knowledge and experience with Power BI, financial reporting tools, budgeting systems, and data visualization tools preferred. 
• Must be able to react to change productively.
• Demonstrated ability to model United Power values.

Problem Solving:

Works on moderately complex assignments, requiring judgment and analysis to resolve problems and make recommendations.

Financial Analyst  I/II refers more complex issues to higher-level staff.

Discretion/Latitude:

Works under general supervision. Assignments are received in the form of results expected. Ability to suggest alternative solutions.

Impact:

Errors in judgment or failures to achieve results would normally require significant time and effort to fix.

Liaison:

The majority of the time will be spent interacting with internal contacts; on specific tasks, may work with external contacts.

Essential Physical & Mental Requirements:

• The majority of time requires sitting, bending at neck, waist, legs, and arms; twisting body; and changing positions at will. 
• Occasional driving, standing, walking, stooping, bending, kneeling, and reaching.
• Requires repetitive motions with hands and fingers such as keyboarding, use of telephones, cellphones, etc.
• Requires close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to focus.
• Work requires close attention to detail and accuracy and is of a varied nature with regular interruptions.

Working Conditions:

This job is performed inside an office building at normal temperature ranges one hundred percent (100%) of the time. Noise level is fifty to sixty (50-60) decibels (normal conversation) for a couple of hours per day. Work is subject to regular hours, with the exception of when tight deadlines require irregular hours

Department: Financial Services FLSA Status: Exempt                       Grade: Level I/II/III – 15/17/19

Updated: July 2026 

Typical hiring range:

Pay Grade: 15: $70,750 - $80,825 with a maximum of $90,900 annually

Pay Grade: 17: $84,500 - $94,300 with a maximum of $104,100 annually

Pay Grade: 19: $97,700 - $114,150 with a maximum of $130,600 annually

NOTE: This position description is not intended to be all-inclusive; an employee will also perform other job responsibilities as assigned by the immediate supervisor or management.

Management reserves the right to change position descriptions, specifications, or work schedules to accommodate individuals with disabilities or as needed.

This position description does not constitute a written or implied contract of employment.

United Power is an Equal Employment Opportunity Employer. United Power prohibits discrimination against applicants or employees on the basis of age 40 and over, race, gender identity, sex, sexual orientation, color, religion, military or veteran status, national origin, disability, genetic information, or any other applicable status protected by state or local law.

Salary : $70,750 - $80,825