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Financial Analyst
American Water Charleston, WV
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$65k-81k (estimate)
Full Time 2 Weeks Ago
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American Water is Hiring a Financial Analyst Near Charleston, WV

*Share Our Purpose. Be Yourself. Feel Valued.* People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals. We are *Beautifully Different*. We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role! Click here for more information on our inclusion, diversity, and equity journey. * About American Water* American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Waters 6,500 talented professionals leverage their significant expertise and the companys national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. As one of the fastest growing utilities in the U.S., American Water expects to invest $30 to $34 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities. American Water has been recognized on the 2023 Bloomberg Gender-Equality Indexfor the fifth consecutive year, ranked 18th on Barrons 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agencys WaterSense Excellence Award, among additional state, local and national recognitions. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, Twitter and Instagram. * West Virginia American Water* is seeking a *Financial Analyst* to join our team in *Charleston, WV.* If you are a financial professional who has experience tracking budgets, analyzing data, and managing projections using technical tools, we want to hear from you! The Financial Analyst role will be responsible for working with budgets for our large capital projects. Our ideal candidate will have experience in the utility and/or construction space. _ *Primary Role*_ /Responsible for all financial aspects of all Capital Construction Program Management (CPM) and associated governance for the respective Operating Unit(s) related to policies, controls, and reporting of construction related activity. Assist in the strategic enhancement of the Operating Unit's capital project program to meet key business drivers. Serves as a company wide resource for financial aspects of the Companys construction program./ _ *Key Accountabilities*_ * Responsible for the initiation and preparation of the 5-Year Capital Business Plan and monthly construction spend reforecasts within SAP and Invizion software in conjunction with the engineering lead. * Analyzes and assures that all financial information is sound including updates with actuals, preparing monthly journal entries correcting all aspects of capital accounting, material reports for both operations and engineering upon request, verification of engineering OH calculation, calculation of AFUDC, and reflection of in service dates for depreciation forecasting. (30%) * Functions of the lead role for monthly Functional Sign Off (FSO) and CPM meetings. * Responsible for development of agenda and minutes for approval of projects, preparation and validation of monthly SOX Controls, and overall review of the capital program budget. (15%) * Design and develop training programs for project managers specific to the financial aspects and use of SAP and PowerPlant related to engineering / capital projects and software upgrades. * Provides input and testing for potential enhancements and modifications to SAP and PowerPlant. Serves in the lead role for training and other company-wide capital budget initiatives. (20%) * Perform all monthly, quarterly, yearly, and ad hoc capital budget reporting using SAP, PowerPlant and other tools for both internal purposes and external purposes where applicable (State President, Corporate, SOX, Legal, Public Service Commission, etc.). * Develops State and / or District specific reports as needed. Provide support to all company rate filings in relation to general rate filings, DSIC filings, and data requests. * Prepare yearly DSIC construction spend reconciliation for PSC. (15%) * Serve as primary liaison between Engineering/Capital and Accounting, Finance, Rates, Tax, and Utility Plant Accounting on all CPM topics. * Ensures all capital financial data and costs are accurately provided to the Finance Representative. * Prepares all adjustments to actual for developer main extensions and fire service projects. * Responsible for calculating main extension refunds and record keeping of expired main extension agreements. (15%) * Provide support on Enterprise Solution projects and initiatives related to Capital Project Management including, but not limited to, the development of policies and practices, and selection and implementation of software tools. (5%) _ Knowledge/Skills_ * Excellent Microsoft Office skills (Word, Excel, PowerPoint). * Knowledge of PowerPlant. * Outlook experience. * Knowledge of Invizion (budgeting software). * Knowledge of water and / or wastewater engineering and / or operations. * Strong SAP knowledge. _ *Experience/Education*_ * Bachelor's degree required in business, accounting, finance, or engineering * Five (5) years of relative work experience, post bachelors. _ *Travel Requirements*_ * 5-10% within respective operating unit(s). * Occasional travel outside of respective operating unit(s). _ *Hours/Schedule*_ * Full-time * Monday-Friday, day shift _ *Competencies*_ * Champions safety * Customer obsessed * Cultivates innovation * Nimble learning * Drives Results * Collaborates * Join American Water...We Keep Life Flowing* * American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants* *based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.*

Job Summary

JOB TYPE

Full Time

SALARY

$57k-71k (estimate)

POST DATE

06/11/2024

EXPIRATION DATE

06/30/2024

WEBSITE

theamericanwatercompany.com

HEADQUARTERS

MOORE, OK

SIZE

<25

FOUNDED

1992

CEO

JOHN CHEVERE

REVENUE

<$5M

INDUSTRY

Insurance

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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