Senior FP&A Analyst

Diversity of backgrounds, ideas, thoughts, and experiences is vital to our culture and the way we do business. Creating an environment where differences are embraced and where every person feels engaged and included makes us safer, stronger, and more successful.

With a history dating back to 1886, American Water is the largest and most geographically diverse U.S.publicly traded water and wastewater utility company. The company employs more than 7,000 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to 15 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to help make sure we keep their lives flowing. For more information, visit amwater.comand follow American Water on Twitter, Facebookand LinkedIn.

Primary Role

This is an intermediate and growing level of the job family where employees are assigned responsibility for performing moderately complex work solving a wider range of standard and non standard problems and to continue to build their skills in gathering and analyzing dataconcerning public utilities, and in reviewing utility applications. In this role they work under moderate to minimal supervision and may independently handle presentations at public meetings, preparing exhibits and testimony, and may be called upon to provide expert testimony in routine cases, or to research a portion of a case and testify to the findings.

Key Accountabilities

  • Research, monitor and track financial compliance & reporting requirements ensuring complete and full understanding and adherence of filing deadlines and submission requirements; serves as key contact to internal and external colleagues regarding questions, verifications and follow-up.
  • Develop integrated revenue/expense analyses, projections, reports, cost allocations and presentations.
  • Create and analyzes monthly, quarterly, and annual reports and ensure financial information has been recorded accurately and completely.
  • Identify trends and developments in competitive environments; develop & deliver financial presentations as requested.
  • Perform financial forecasting, financial modeling and trend analysis.
  • Drive "financial best practice" by assessing and measuring the on-going effectiveness of existing business applications and technologies, e.g.SharePoint; build and develop financial process improvements.
  • Partner and liaise with internal and external colleges and functions to collect the individual pieces of data and information required by required filings and/or reports.
  • Assist in the formulation of corporate policies and procedures and compliance with such policies and procedures.
  • Complete special financial studies, e.g. cost of service studies,return on equity, capital structure, depreciation, service company costs and lead/lag.
  • Support the execution of key financial targets and metrics through the development and implementation of proactive dashboards, measurements and variance analyses.
  • Assist and/or Lead in the creation of complex spreadsheets, supporting analysis of revenues, trends, declining usage, and all other analytics supporting revenue process.
  • Work with regional finance teams, operational representatives and accounting to deliver effective analysis of results (plan, forecast and actuals). Analyze integrated financial statement results, review financial/operational metrics, prepare key performance variance analysisand explanations, and assist in leading the budgetary process.


Key Accountabilities - Continued

  • Prepare financial updates, including relevant analyses versus prior periods and providing forecasts/budgets, examining associated risk/opportunities.
  • Support merger and acquisition activities with sophisticated financial analysis and modeling, market and target company research, due diligence, and coordination of activities with internal and external colleagues.
  • Provide financial support and analysis for business development and strategic planning activities such as partnerships, strategic alliances, joint ventures, reengineering projects and divestitures.
  • Perform cost/benefit analysis for projects and departments, develop reports and project results to management.
  • Expedite reporting processes and analysis by combining and analyzing patterns in financial data sets.
  • Work with internal stake holders, report requestors, and management to solidify requirements, discuss interpretation of reports, provide
  • Collaborate with other business areas to develop and maintain financial planning activities including departmental budgets, staffing models, and pricing models.
  • Make recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies.
  • Recommend establishment of new or modified reporting methods and procedures to improve report content and completeness of information; identify trends and recommends business improvements.


Knowledge/Skills

  • Economic principles relating to utility rates and cost analysis.
  • Accounting concepts and understanding of analytical concepts for financial analysis as well as US GAAP accounting practices.
  • Methodologies and practices of data collection, research methodologies and of statistical and cost analysis.
  • Business report writing, preparation and delivery of presentations including oral testimony.
  • Audit, review and analysis of business and financial records.
  • Execution and analysis using company business technologies and computer simulation programs.
  • Microsoft Office Suite (MS Word, PowerPoint,Excel) with particular expertise in Microsoft Excel Advanced.
  • Must have the ability to review data and make appropriate decisions regarding public utility operations and to project future costs.
  • Direct knowledge and experience in the process of preparing and filing rate cases, including all related and supporting activities.
  • Direct knowledge and experience of the revenue aspect of rate case preparation.
  • Fully understands complex regulatory accounting.
  • Work directly with commission staff and prepare written and oral testimony in the area of revenues.
  • Ability to identify the need for and develop new financial analysis requirements and models.
  • Knowledge/Experience of ERP and CIS Systems (preferable integrated platform).


Experience/Education

  • Seven to nine years of pertinent financial experience including specific experience in the regulated water/wastewater industry.
  • Bachelor's degree in economics, finance, accounting, business or a closely related field or an equivalent combination of education and experience, or equivalent combination of undergraduate education and work experience that provides the knowledge and exposure to the financial analysis of utility rates, expenses, revenues and services and exposure to the fundamental theories, principles and concepts of the field.
  • Advanced degree or CPA preferred.


Travel Requirements

  • Travel up to 30%.


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 he or she is an individual with a disability, protected veteran or other status protected by federal, state, and local laws.

202301816