Senior Financial Analyst

General Purpose

Mission Statement: BED’s mission is to serve the energy needs of our customers in a safe, reliable, affordable, sustainable, and socially responsible manner. BED’s four key values are:
Safety, Reliability, Community and Innovation. BED’s vision is to make Burlington a Net Zero Energy city by eliminating fossil fuel usage across the electric, thermal, and ground transportation sectors by strategically electrifying, managing demand, realizing efficiency gains, and expanding local renewable generation while increasing system resilience.

General

Purpose:

The Senior Financial Analyst is responsible for Financial analysis, budgeting, and forecasting; financial and other performance reporting; and cost-of-service/rate analysis. This position works closely with BED executive management and all area directors to support decision-making.

Non-Union

$74,653.28 - $ Annually

Up to two (2) days remote/week

Please note, BED is looking to hire one Financial Analyst. Applications for Financial Analyst and Senior Financial Analyst will be considered to fill this opening.

• Develop and maintain financial budgets, plans, and forecasts, including BED’s annual operating and capital budgets; year-end forecast; and five-year financial plan.
• Assist with the development of a calendar year budget for the McNeil Generating Station.
• Coordinate budgeting and forecasting processes, review budget submissions, and provide training and support to other BED personnel on budgetary issues.

• Develop and generate various financial, operational, or performance reports for internal and external needs.
• Develop, monitor, and analyze key financial ratios and other performance indicators for the Department; provide insights and recommendations to management.
• Analyze financial, operational, or performance data and trends to assess performance and identify opportunities, deficiencies, or irregularities.
• Compile data for and file quarterly and annual reports for BED’s Service Quality & Reliability Performance, Monitoring & Reporting Plan (“SQRP”).
• Prepare financial and statistical information for external audiences, such as for bond offerings and refinancings, continuing disclosure on bond obligations, credit rating reviews, and American Public Power Association surveys.
• Subject matter expert for budgeting and financial reporting functions of the Department’s enterprise software system(s).

• Assist with preparation of schedules, work papers, testimony, and analyses for cost allocation/rate design studies; revenue requirement; and other regulatory filings. Provide information and analysis as needed to support rate-making.
• Maintain documentation of budgeting, reporting, and planning policies and procedures.
• Perform financial and statistical research, analysis, and modeling to support decision-making and strategic planning.
• Participate in and contribute to process improvement and operational efficiency efforts.

• Perform select responsibilities of other finance team members in absence of coworkers and during periods of high volume as directed.
• Perform other duties as required.

• Ability to actively support City diversity, equity, and cultural competency efforts within stated job responsibilities and work effectively across diverse cultures and constituencies.
• Demonstrated commitment to diversity, equity and inclusion as evidenced by ongoing trainings and professional development.
• Bachelor’s degree in finance, accounting, business, or other related field.
• Additional experience may be substituted for degree requirement on a two-for-one year basis.
• Eight (8) years of relevant budgeting, reporting, and financial analysis experience required.
• Financial Modeling & Valuation Analyst (FMVA) Certification or equivalent is required.
• Utility experience preferred.
• Strong analytical and quantitative skills and attention to detail required.
• High technical aptitude and proficiency with spreadsheet, complex data, and enterprise financial and reporting systems required.
• Knowl…