Shenandoah Valley Electric Cooperative

Finance & Rate Analyst

Finance & Rate Analyst
Notice info
LocationHarrisonburg, VA
Job Typefull time
On-site
Utilities

About This Job


Summary

The Finance and Rate Analyst will play a key role in supporting the cooperative’s financial strength and long-term sustainability through data-driven analysis, financial forecasting, and rate design. This position is critical in evaluating cost recovery, supporting the annual budget process, and assisting with rate case development to ensure financial decisions are informed, accurate, and aligned with member interests. The ideal candidate will have a strong foundation in financial modeling, utility rate structures, and regulatory principles, along with a collaborative mindset to work across departments. This role is instrumental in maintaining the financial integrity of the cooperative and advancing rate strategies that promote fairness, transparency, and long-term value for members.


Reporting

Reports to: Manager of Finance
Supports: Manager of Revenue & Reporting, and Controller
Directs: None


Responsibilities

Prepares and updates both short-term and long-range financial forecasts by analyzing historical trends, projected costs, and revenue assumptions.
Conducts in-depth financial and quantitative analysis to support revenue projections, capital planning, and investment decision-making.
Calculates and analyzes the Power Cost Adjustment (PCA) on a monthly and annual basis to ensure appropriate cost recovery.
Assists with the development and evaluation of retail rate structures, including rate design alternatives and member impact analysis.
Participates in cost of service studies and supports the preparation of rate case filings and regulatory documentation.
Performs scenario modeling and mock billing to assess the financial and customer impacts of proposed rate changes.
Develops, maintains, and improves financial models and data tools to support decision-making, forecasting, and performance analysis.
Provides analytical support for special projects and strategic initiatives, including load forecasting, member program evaluation, and infrastructure investment planning.
Creates dashboards and reports that summarize financial, operational, and rate-related data for internal stakeholders.
Assists in the development, coordination, and monitoring of the annual operating and capital budgets, ensuring alignment with strategic goals.
Ensures data accuracy and system integrity through the implementation and maintenance of quality control measures and validation processes.
Stays informed of changes in utility regulations, economic conditions, and energy markets that may impact financial and rate planning.
Works cross-functionally with Engineering, Operations, Member Services, and IT to align financial analysis with system planning and service delivery.
Collaborates with internal departments and external partners to support the Cooperative’s long-term financial and strategic objectives.
Provides data and documentation in support of internal and external audits and regulatory inquiries.
Documents operational workflows, financial procedures, and internal controls to promote consistency, transparency, and compliance.


Education and Experience

Bachelor’s degree in Finance, Accounting, Economics, Mathematics, or related field.
2–4 years of experience in financial analysis, utility rate design, or related field preferred.
Knowledge of utility regulatory practices, cost of service, and cooperative accounting preferred.
Experience with RUS chart of accounts and SCC regulatory filings is a plus.


Required Skills and Abilities

Proficient in Microsoft Office Suite, especially advanced Excel capabilities and data visualization tools.
Possesses strong analytical skills with proficiency in financial modeling, forecasting, and scenario analysis.
Capable of interpreting complex datasets and clearly communicating insights in both written reports and presentations.
Demonstrates exceptional organizational skills with a keen attention to detail and accuracy in all work.
Ability to independently prioritize tasks, manage multiple projects simultaneously, and meet strict deadlines.
Maintains professionalism and composure in all situations, including high-pressure or time-sensitive scenarios.
Handles confidential information with discretion and maintains a high level of integrity.
Ability to collaborate with others while maintaining a proactive, solution-oriented mindset.
Shows adaptability in dynamic work environment and a willingness to learn new systems, tools, or regulatory approaches.
Maintains a valid driver’s license and acceptable driving record and is able to operate SVEC vehicles.
Must become and remain certified in CPR and first aid. Must also be skilled in the use of safety equipment.


Physical Requirements

Participation in SVEC job safety and training programs, relevant workshops, seminars and other SVEC sponsored courses and events.
Must be able to use office equipment including telephone, computer, and other systems and related software in the performance of position responsibilities.
Must be able and available, during any and all types of weather conditions, to work weekends, holidays, evenings and other times outside normal duty hours to assist in service restoration and other emergencies that may arise or when the workload demands.
Must always maintain an operating telephone or personal communication device at his/her place of residence. Ability to contact the telephone or personal communication device must be made available to SVEC for the purpose of contacting the manager to conduct legitimate routine and/or emergency business.
This position involves primarily inside work. Must be able to lift objects unassisted (up to 30 pounds). Some standing, walking, climbing, balancing, stooping, kneeling, crouching, or crawling to a minimal degree.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be constructed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.


Job Type: Full-time


Benefits:

401(k)
Dental insurance
Dependent care reimbursement
Employee assistance program
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Tuition reimbursement
Vision insurance


Schedule:

8 hour shift
Day shift
Monday to Friday


Education:


Bachelor's (Preferred)


Ability to Commute:

Harrisonburg, VA 22801 (Required)


Work Location: In person

Trending Jobs

company-logo

Electrical Engineer

Dudley Staffing
Job TypeFull time
Salary
$55 - $75
Canonsburg, PA
6 months ago
company-logo

Division Order Analyst

Coronado Resources
Job TypeFull time
 
Dallas, TX
3 months ago
company-logo

Professional Landman

Penterra Services, LLC
Job TypeContract
 
Lovington, NM
about 2 months ago
company-logo

Business Analyst – Accounting

Permian Resources
Job TypeFull time
Salary
$110000 - $150000
The Woodlands, Texas
about 1 month ago
company-logo

Accounts Payable Clerk

LPR Energy
Job TypeFull time
Salary
$65000 - $65000
Dallas, TX
3 months ago
company-logo

Division Order Landman

R. Lacy Services, Ltd.
Job TypeFull time
 
Longview, TX
2 months ago
company-logo

contract landman

HPS Oil & Gas Properties
Job TypeFull time
 
Lafayette, LA
5 months ago
company-logo

Oil and Gas Land and Title Analyst - SAM Associate II

Bank of America
Job TypeFull time
 
Dallas, TX
4 months ago
company-logo

Title Landman

Sustain Land Services
Job TypeFull time
 
Norman, OK
4 months ago
company-logo

Landman

Stockyards Energy Land Services
Job TypeContract
 
Akiachak, TX
7 months ago
company-logo

Attorney

Toeppich & Associates
Job TypeFull time
 
Houston, TX
over 1 year ago
company-logo

Senior Landman

Greenlake Energy
Job TypeFull time
 
Austin, TX
4 months ago
company-logo

contract Landman

HPS Oil & Gas Properties
Job TypeFull time
 
Midland, TX
5 months ago
company-logo

Title Reviewer

Innovation Land Services
Job TypeFull time
 
Pittsburgh, PA
6 months ago
company-logo

Data Analyst

River City Science Academy
Job TypeFull time
Salary
$20 - $45
Jacksonville, FL
5 months ago
company-logo

Oil and Gas Title Attorney

Oliva Gibbs PLLC
Job TypeFull time
 
Houston, TX
3 months ago
company-logo

Electrical Designer

Dudley Staffing
Job TypeFull time
Salary
$45 - $60
Canonsburg, PA
6 months ago
company-logo

Software Integrations Developer

Permian Resources
Job TypeFull time
Salary
$160000 - $210000
The Woodlands, Texas
about 1 month ago
company-logo

Civil/Structural Designer

Dudley Staffing
Job TypeFull time
Salary
$30 - $60
Canonsburg, PA
6 months ago
company-logo

Senior Division Order Analyst

Formentera
Job TypeFull time
Salary
$110000 - $130000
Austin, TX
about 1 year ago