Financial Analyst (AFN3)
Highly-motivated; likes challenge; collaborative; committed to delivering high quality work Did we describe you? Read on
Southern California Edison (SCE) is one of the nation's largest investor-owned electric utilities. We are an industry leader that is designing new and innovative ways to meet our customer's needs. We are looking for highly motivated individuals who enjoy the challenge of working on key industry changing projects. We need your good ideas and your contributions to remain a leader in this industry.
Position Overview:
The Financial Analyst will part of the Operational Finance group within the Finance organization at SCE. The successful candidate will be responsible for performing research and analyses to support the effective utilization and treatment of the Company's financial assets. Develops recommendations on long and short-term investment and borrowing strategies, investment of pension funds and decommissioning trust funds, and risk management. Devises pricing, capital and O&M expenditure, and capital recovery strategies to achieve corporate financial goals. Develops models to forecast business conditions and to support Corporate and departmental decision making. Reviews and assesses impacts of changing regulations. Develops and analyzes data and writes compelling testimony and responses to regulatory agencies in support of rate, regulatory, and demand side management activities in compliance with regulatory requirements.
Typical responsibilities will include:
Acts as a consultant to business units or departments; plans all aspects of analyses, presentations, and implementation strategies for either a portion of, or a complete complex analysis; and usually responsible for implementation of selected recommendations.
Utilizes existing or devises new, innovative models and methodologies; and determines the need for analysis in response to changing business conditions and the appropriate modeling and formulas to apply.
Knowledgeable about sources of data and resources available to access information; accountable for the accuracy and integrity of findings and recommendations.
Develops or reviews drafts of, and assists or makes presentations to the Senior Executive Team (SET), department and division management, and other interested parties.
Weekly contact with other organizations, regulators, and standards/rules setting bodies.
May provide functional direction to other analysts and support personnel.
Highly influential on decision making and may make final decision consistent with organizational authorization levels having moderate impact on department or company.
Specializes in understanding of financial concepts not generally found in the company or department/division.
Calculates unit cost, labor cost, overhead allocation, and/or contract, services and material cost needed to develop budgets, and compares actual to budgeted costs to support variance analysis and forecasting without supervision.
Builds cost expertise and performs cost trend analysis using historical and external data to support operational decision-making and continuous cost improvement without supervision.
Establishes recommendations and conclusions based on analysis of complex data.
Develops and executes opportunities to enhance operational finance reports, analytical tools, and self-service capabilities in collaboration with IT to drive efficiency for operational finance and support operational decision making.
Provides advice and recommendations in the field of financial analysis.
Maintain a safety conscious work environment by following Edison safety protocols and safe work practices; and performing other responsibilities and duties as assigned.
. Apply now!Estimated Salary: $20 to $28 per hour based on qualifications.
Southern California Edison (SCE) is one of the nation's largest investor-owned electric utilities. We are an industry leader that is designing new and innovative ways to meet our customer's needs. We are looking for highly motivated individuals who enjoy the challenge of working on key industry changing projects. We need your good ideas and your contributions to remain a leader in this industry.
Position Overview:
The Financial Analyst will part of the Operational Finance group within the Finance organization at SCE. The successful candidate will be responsible for performing research and analyses to support the effective utilization and treatment of the Company's financial assets. Develops recommendations on long and short-term investment and borrowing strategies, investment of pension funds and decommissioning trust funds, and risk management. Devises pricing, capital and O&M expenditure, and capital recovery strategies to achieve corporate financial goals. Develops models to forecast business conditions and to support Corporate and departmental decision making. Reviews and assesses impacts of changing regulations. Develops and analyzes data and writes compelling testimony and responses to regulatory agencies in support of rate, regulatory, and demand side management activities in compliance with regulatory requirements.
Typical responsibilities will include:
Acts as a consultant to business units or departments; plans all aspects of analyses, presentations, and implementation strategies for either a portion of, or a complete complex analysis; and usually responsible for implementation of selected recommendations.
Utilizes existing or devises new, innovative models and methodologies; and determines the need for analysis in response to changing business conditions and the appropriate modeling and formulas to apply.
Knowledgeable about sources of data and resources available to access information; accountable for the accuracy and integrity of findings and recommendations.
Develops or reviews drafts of, and assists or makes presentations to the Senior Executive Team (SET), department and division management, and other interested parties.
Weekly contact with other organizations, regulators, and standards/rules setting bodies.
May provide functional direction to other analysts and support personnel.
Highly influential on decision making and may make final decision consistent with organizational authorization levels having moderate impact on department or company.
Specializes in understanding of financial concepts not generally found in the company or department/division.
Calculates unit cost, labor cost, overhead allocation, and/or contract, services and material cost needed to develop budgets, and compares actual to budgeted costs to support variance analysis and forecasting without supervision.
Builds cost expertise and performs cost trend analysis using historical and external data to support operational decision-making and continuous cost improvement without supervision.
Establishes recommendations and conclusions based on analysis of complex data.
Develops and executes opportunities to enhance operational finance reports, analytical tools, and self-service capabilities in collaboration with IT to drive efficiency for operational finance and support operational decision making.
Provides advice and recommendations in the field of financial analysis.
Maintain a safety conscious work environment by following Edison safety protocols and safe work practices; and performing other responsibilities and duties as assigned.
. Apply now!Estimated Salary: $20 to $28 per hour based on qualifications.
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