Job Description

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 Financial Analyst is responsible for financial analysis, budgeting, and forecasting; financial reporting 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.

Union Affiliation: Non-Union

Pay Grade NU3: $66,629.26 - $109,227.66 Annually

Remote Tier 3: 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.

Essential Job Functions

Budgeting and Forecasting

• 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.

Financial Analysis & Reporting

• 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).

Rates and Other Analyses

• 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.

Non-Essential Job Functions:

• 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.

Qualifications/Basic Job Requirements

• 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 a degree requirement on a two-for-one year basis.
• Three (3) years of relevant budgeting, reporting, and financial analysis experience required.
• Utility experience preferred.
• Strong analytical and quantitative skills and attention to detail.
• High technical aptitude and proficiency with spreadsheet, complex data, and enterprise financial and reporting systems required.
• Knowledge of generally accepted accounting principles and utility rate-making principles.
• Ability to understand and apply principles of fund accounting and Federal Energy Regulatory Commission uniform system of accounts.
• Ability to maintain strict confidentiality of sensitive information.
• Ability to communicate effectively both orally and in writing.
• Ability to collaborate effectively in a team environment.
• Ability to be self-directed, organize and prioritize workflow, and meet deadlines.
• Ability to work well under pressure required.
• Regular attendance is necessary and is essential to meeting the expectations of the job functions.
• Work beyond the normal 40-hour work week, attendance at evening meetings, and occasional travel to conferences and workshops may be required.

Additional Information

Promoting a culture that reveres diversity and equity.

The City of Burlington is proud to be an equal opportunity employer, and we are strongly committed to creating a dynamic and equitable work-force that mirrors the population and world that we serve. We do not discriminate on the basis of political or religious affiliation, race, color, national origin, place of birth, ancestry, age, sex, sexual orientation, gender identity, marital status, crime victim status, veteran status, disability, HIV positive status, or genetic information in employment or the provision of services.

In addition to being an equal opportunity employer we actively encourage applicants who can contribute to our growing diversity to apply. Applications for our employment opportunities are only accepted online through our Government Jobs website.

For accessibility information or alternative formats, please contact Human Resources Department at 802-540-2505 or careers@burlingtonvt.gov .

Job Tags

Full time, Local area, Afternoon shift, 2 days per week,

Similar Jobs