Project Financial Analyst

As the nation’s first statewide, “transmission only” company, VELCO manages the safe, reliable, cost-effective transmission of electric power throughout Vermont and as a part of the integrated New England regional network.

Why you should join our team

The Project Financial Analyst is responsible for performing internal financial analysis and collaborates on budgets and forecast development and overall forecast constraints for VELCO’s capital projects, billable engagements and expense/maintenance activities.

Work with Project Managers, Functional Area Managers and our Project Estimator to analyze project costs, develop and maintain cost information, and develop budgets and quarterly forecasts.

How You Will Make An Impact

You’ll play a key role in managing project costs and delivering timely, accurate, and relevant data to support strong project performance.

The Project Financial Analyst Will

- Develop and implement financial controls for VELCO’s capital transmission project program, billable engagements, as well as maintenance activities;

- Collaborate with functional area managers to develop comprehensive annual and multi-year budget plans;

- Monitor, maintain and analyze financial reporting processes to obtain information required to develop comprehensive financial reports, prepare monthly budget performance reports and prepare assets for inclusion in our continuing property records;

- Track and report on budget performance, identifying deviations and recommending corrective actions;

- Actively participate in the financial forecasting process and conduct monthly reconciliations of project forecasts vs. actuals;

- Identify trends in spend rates, variances to forecasts/budget, and work with project managers to adjust project financial forecasts;

- Support the development and analysis of project and program of work financial performance metrics;

Skills And Qualifications

Superior written and verbal communication skills at all levels and operating areas.

Excellent organizational skills and attention to detail.

Excellent time management skills with a proven ability to meet deadlines.

Excellent skills with Microsoft suite.

Excellent mathematical and analytic skills.

Education And Experience

Associate’s degree in accounting/economics/finance/business and 4 years of experience required. Experience can be substituted to meet education requirement. Understanding of utility infrastructure projects including expected expenditures, durations, and spend risks is a plus.

Compensation Range

$58,988.80 - $70,786.56 - $82,584.32/salary

This compensation range represents the minimum, midpoint and maximum pay for this position. Individual offers will be based on various factors including, but not limited to, qualifications, education, skills, competencies, and experience. Please note that most offers for new employees fall under the midpoint of the range, allowing room for continued salary growth. Base pay is just one component of our total compensation package, which may also include comprehensive benefits, generous paid time off and incentive compensation (bonus) potential.

Important Considerations

- Visit Velco.com for additional information on VELCO culture, benefits, and the recruiting process.

- We are an equal opportunity employer, and ALL qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. Eligible applicants must be authorized to work in the United States.

- VELCO is handling all aspects of talent acquisition internally and will not engage the services of third-party staffing agencies, recruiters, or headhunters. We kindly request that these entities refrain from contacting us.

- Any offer of employment will be contingent upon successful reference check, background check (including social media check), physical examination, drug screening.

If you need an accommodation as part of the application or interview process, please send a request to careers@velco.com