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Financial Analyst III - Charlotte, United States - US Tech Solutions
Description
Job Title:
Financial Analyst III
Location:
Charlotte, NC Hybrid)
Duration: 11+ Months
Note:
Hybrid, 2-3 days in office per week.
Job Description:
The Grid Integration Interconnection department collaborates with internal and third-party customers that have submitted generator interconnection requests for solar, battery, and other generation energy sources.
The department works cross functionally with Power Grid Operations, Renewable Service Center, Resource Planning, Finance, and other departments to support the interconnection queue and meet the carbon plan targets.
Within the Interconnection department, the Interconnection Business Controls team provides oversight for the financial processes to support the interconnection procedures.
This includes collaborating with Account Managers, and other departments on process development supporting state and federal regulated interconnection procedures, performing financial analysis on projects to interconnect new facilities, modeling cost allocation across multiple generators, tracking payments and securities received, and invoicing and refund processes.
The incumbent will develop familiarity with interconnection queue process and financial analysis of facilities during the interconnection process for study and construction.
Responsibilities include but are not limited to:
Interconnection Queue Cost Allocation Support (50%)
Subject matter expert on interconnection procedures for NC, SC, and Federal Energy Regulatory Commission (FERC) jurisdiction projects.
Become subject matter expert on Interconnection Cluster study cost and withdrawal penalty cost allocation requirements defined in state and federal interconnection regulations.
Maintain cost allocation models to allocate study and withdrawal penalty credits as prescribed in interconnection procedures.Become subject matter expert in Transmission Provider study penalties as defined in FERC Order 2023 and allocation of penalty credits back to interconnection customers.
Create project IDs in PowerPlan for Cluster studies and communicate guidance to Transmission, Distribution and Grid Integration.Serve as data analyst in executing Cost Allocation Reporting Tool (CART) application project plan, a first in kind in-house tool being developed to track and report on estimate revisions, calculate cost allocation to facilities, and track project financial data.
Create data upload files of project information and estimate revisions to load data into CART, maintaining a calendar of data uploads required based on phase in the interconnection process.
Provide data governance to ensure CART is kept to-date with latest study and financial project information.Participate in further design of the CART application in the technology roadmap.
Interconnection Queue Financial Analysis (30%)
Prepare financial true-up analysis for state and FERC jurisdiction projects comparing interconnection customer deposits to allocated portion of actual costs for that completed study or have withdrawn from interconnection queue.
Monitor and analyze cluster study costs and collaborate with lines of business to ensure costs are captured prior to customer billing.
Create and analyze required reports for leadership including calculating KPI metrics and driving actions resulting from metric results.Process Development and Automation (20%)
Support implementation of new interconnection management system by participating in process mapping, data readiness, and other implementation requirements.
Perform data clean-up activities in relevant source systems supporting the interconnection queue and evolving KPI and financial reporting needs.
Facilitate business process discussions with business stakeholders across multiple departments creating process maps and establishing roles and responsibilities as new business needs arise.
Support development of new reporting and PowerBI dashboard requests.Explore transformation ideas for future true-up automation opportunities and establish roadmap to achieve transformation.
Qualifications:
Basic/Required
Qualifications:
Required Education:
Bachelor's degree in accounting or finance.
Advanced Excel proficient skills including use of complex formulas including pivot tables, VLookup, sumif, multiple if statements, arrays, etc.
Ability to learn PowerBI report development and Basic SQL
Strong collaboration and ability to effectively communicate with financial and non-financial backgrounds.
Ability to juggle multiple priorities in a fast-paced environment.
Ability to adapt to new industry standards requiring new business processes.
Self-starter with ability to work independently with little supervision.
Ability to quickly adjust to change.
Minimum Required Work Experience: 6+ Years
Preferred
Qualifications:
Utility Experience, particularly within Transmission and Distribution
Strong financial acumen required.
Master's degree in finance, Accounting, or MBA
Advanced Excel and proficient in large data analysis; proficient in Word, PowerPoint; Experience using and adapting Salesforce, Powerclerk, PeopleSoft, Webi Financial Querying, Power Plan, Power BI, or other enterprise systems.
Experience with designing new processes preferred.Exceptional written and oral communication skills, facilitation and people engagement skills, process documentation skills, internal control acumen
Exceptional problem solving and analysis skills.
Thanks & Regards,
Md Ayaz Soofi
US TECH Solutions Inc
10 Exchange Place Jersey City, NJ 07302
Desk:
Ext 7930
Direct:
#J-18808-Ljbffr
