Financial Analyst

Financial Analyst

Requisition Number: 8261

Location: Moncks Corner

Position Type: Full-Time Regular

Unit Number - Unit Name: 59450 - CONTRACT ENGINEERING

Experience Required: See Position Requirements

Education Required: Bachelor's Degree

Recruiting Start Date: Aug 11, 2025

Recruiting End Date: Aug 22, 2025

Job Posting: Internal and External

Position Description

- This position is responsible for the financial oversight and reporting of consultant services contracts. It includes the development of financial workflows, consultant spend cash-flow forecasting, variance analysis, vendor performance tracking, and invoice validation. The role requires independent judgment, financial acumen, and the ability to interpret and apply policies and procedures related to contract and budget management.

Essential Job Tasks:

FINANCIAL TRACKING AND REPORTING:

- Develops and prepares recurring and ad hoc financial reports related to external consultant contracts and associated expenditures.

- Interprets financial data to identify trends, risks, and opportunities, and advises management accordingly.

- Provides recommendations to improve financial tracking and contract spend efficiency.

- Oversees the monitoring of financial activity against established authorizations and contract terms.

- Tracks all planned and executed authorizations for consultant blanket agreements.

INVOICE REVIEW AND PAYMENT APPROVAL:

- Independently reviews and approves consultant invoices, ensuring compliance with contractual terms, accuracy of charges, and budget availability.

- Resolves invoice discrepancies and coordinates corrective actions with vendors.

- Oversees and maintains accurate records of payments, balances, and contract funding statuses.

PROCESS IMPROVEMENT AND WORKFLOW DEVELOPMENT:

- Collaborates with cross-functional teams to design, document, and implement workflows for financial and contract management processes.

- Identifies inefficiencies in current procedures and develops solutions to enhance financial operations.

- Evaluates customers needs and enhances reporting to deliver improved value.

CASHFLOW PROJECTIONS AND ANALYSIS:

- Compiles consultant submitted cashflow projections, analyzes them for variances from original and reports variances to internal customers.

- Demonstrates proficiency in running Budget vs. Actual reports using iReports and similar tools.

- Makes informed decisions regarding correction of mischarges.

VENDOR PERFORMANCE AND CUSTOMER SUPPORT:

- Maintains vendor scorecards through the execution of milestone-based surveys and analysis of performance metrics.

- Coordinates secure file-sharing access and permissions between Santee Cooper and external consultants.

- Serves as a point of contact for internal customers regarding financial status updates, documentation, and contract-related inquiries.

Position Requirements

Will consider Financial Analyst I, II or III

Financial Analyst I

- Bachelor's degree in accounting, business, computer science, economics, finance, math or related field required.

Compensation Information:

$53,400 - $66,730 (min.-mid.)

Financial Analyst II - Bachelor's degree in accounting, business, computer science, economics, finance, math or related field + 2 years experience required.

- Must have strong computer aptitude with high proficiency in MS Excel.

- Must have the ability to learn PowerBI for managing various financial reports.

- Must be able to handle and learn under stressful conditions and be strong in time management.

Compensation Information:

$66,390 - $82,980 (min.-mid.)

Financial Analyst III - Bachelor's degree in accounting, business, computer science, economics, finance, math or related field + 5 years experience required.

- Must have strong computer aptitude with high proficiency in MS Excel.

- Must have the ability to learn PowerBI for managing various financial reports.

- Must be able to handle and learn under stressful conditions and be strong in time management.

Compensation Information:

$82,520 - $103,140 (min.-mid.)

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.