Principal Financial Analyst

Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now.

PSE's Financial Planning & Analysis team is looking for qualified candidates to fill an open Principal Financial Analyst position!

Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.

Job Description

Performs the quantitative and qualitative analyses related to the production of short-, mid- and long-term financial plans for PSE and its parent companies, as well as analytics associated with resource additions, corporate performance drivers and various strategic initiatives. Leads the development of interdepartmental consensus on analytical assumptions and approaches leveraged for financial planning purposes.

Upholds the safety compliance standards inherent in PSE’s operating and/or field procedures related to work responsibilities. Promotes and supports a culture of total safety.

Demonstrates commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. Ensures duties are performed in accordance with all regulatory compliance obligations.

Job Responsibilities

- Leads the process to update the monthly outlook and/or budget forecasts, and provides variance analyses. Presents the results to PSE directors and officers.

- Participates in the annual creation of the corporate mid and long-term financial plan. Facilitates and may lead the ongoing evaluation of the corporate mid and long-term financial plan.

- Helps develop corporate financial strategy by interfacing with PSE management and building interdepartmental consensus on modeling assumptions, such as rate case strategies, O&M and Capital targets and financing strategies to optimize corporate financial performance.

- Develops comprehensive financial models and various ad-hoc strategic analyses throughout the planning cycle.

- Contributes to or may lead the delivery of recommendations resulting from quantitative and qualitative analyses. Anticipates and identifies areas of opportunity or inherent business risks evident in the data and communicates action plans to stakeholders.

- Develops consensus around analytical approaches and cultivates ties across business groups.

- Produces presentations for finance management committees and Board of Directors.

- Continually improves forecast integrity by utilizing internal and external information resources, researching new financial metrics and modeling techniques, benchmarking, and data analytics.

- Promotes best practices of modeling techniques, methodologies, controls and documentation.

- Instructs investor analysts on modeling PSE business activity.

- Provides analytic direction to the business case team by structuring analytical problems, identifying areas for further analysis and summarizing results for decision-making.

- Promotes accountability of financial assumptions and results across the organization by communicating to and educating business groups about financial implications of business operations.

- Leads, trains, and mentors staff in the development, administration, and analysis of the short-, mid-, and long-term corporate financial plans.

- Supports various rate proceedings by answering data requests.

Minimum Qualifications

- Bachelor’s Degree in Business, Finance, Accounting or related field and/or equivalent experience with progressively increasing level of responsibility

- 5+ years in finance roles with progressively increasing levels of responsibility

- Excellent communication, writing and presentation skills with the ability to interface effectively with all levels of management

- Ability to work effectively without direct supervision in a fast paced, stressful, and multitasking environment

Desired Qualifications

- Master's Degree in a quantitative field or MBA

- Applicable Finance Certification (CFA, CPA, CTP)

- 5+ years of experience in the gas and/or electric industry

- Demonstrated ability to manage multiple projects and create capacity

- Ability to adapt and react to unforeseen business decisions and situations

- Experience leading and delivering projects under tight deadlines

Additional Information

At PSE we value and respect our employees and provide them opportunities to excel. We offer a competitive compensation and rewards package.

The pay range for this position is $91,100.00 - $151,600.00, and this position is eligible for annual goals based incentive bonuses.

PSE offers a suite of benefits to our employees. Employees are eligible for medical, dental, vision, basic life, and short- and long-term disability insurance. There are additional voluntary options of supplemental life insurance, accidental death and dismemberment insurance, flexible spending accounts for health care and dependent daycare, and an Employee assistance program (EAP). For long term savings, PSE offers a 401(k) investment option and a cash balance retirement plan. Employees will also receive Paid Time Off (PTO) and Paid Holidays throughout the calendar year. Detailed benefit overviews can be found on our Career page - Why Work For Us (pse.com).

Families and businesses depend on PSE to provide the energy they need to pursue their dreams. Our steadfast commitment to serving Washington communities with safe, dependable and efficient energy started in 1873. Today we're building the Northwest's energy future through efforts like our award winning energy efficiency programs and our leadership in renewable energy.

Puget Sound Energy is committed to providing equal employment opportunity to all qualified applicants. We do not discriminate on the basis of race, color, religion, sex, national origin, age, sexual orientation, gender identity, marital status, veteran status or presence of a disability that with or without reasonable accommodation does not prevent performance of the essential functions of the job, or any other category prohibited by local, state or federal law.

Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the Human Resources Staffing department at jobs@pse.com or 425-462-3017.