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Aqua · 1 month ago

Finance and Rates Analyst II

PA Bryn Mawr

Full-time

Onsite

Entry, Mid Level

2+ years exp

Aqua, an Essential Utilities company, is seeking a Finance & Rates Analyst II to support financial and compliance filings related to regulatory requirements. The role involves developing financial models, assisting in rate case preparations, and collaborating with various departments to ensure accurate financial reporting.

Business DevelopmentCustomer ServiceInfrastructure

Responsibilities

Assists in preparing rate cases by providing general accounting assistance, analysis and forecasting of the need for and the timing of rate increases. Assists in the preparation of base rate case minimum filing requirements as required. Assists in the preparation of revenue and billing analysis, rate case support schedules, exhibits, testimonies, answers to interrogatories, and provides support for witness litigation processes. Interfaces with other departments to determine future rate case adjustments

Assists in the preparation of timely and accurate regulatory filings such as: Quarterly DSIC, Earnings Reports, Original Cost Studies, and any Commission directed requests for information. Provides support and assistance for other regulatory filings including Asset Optimizations Plans, Long-Term Infrastructure Improvement Plans, and Annual Depreciation Studies

Assists with updates to the company’s Water and Wastewater tariffs. Ensures tariffs are posted to internal and external websites

Supports Manager of Rates and Planning and the Regional Controller on potential acquisition due diligence including: financial modeling, valuation analysis, finance and accounting due diligence, tariff and rate design, expense analysis, presentation preparation, application preparation and original cost study filings

Supports Manager of Rates and Planning with the coordination, preparation, analysis and consolidation of annual operating budget. Interfaces with various business owners to complete annual operating budget

Supports Manager of Rates and Planning and the Regional Controller in the preparation, analysis, and submission of its strategic business plan

Tracks organization’s progress against financial goals. Build and maintain financial models, reports, variance analyses, ad hoc reports and other complex financial models. Continuously streamline work process by modifying and automating reports

Develops and administers training (as required) to internal stakeholders regarding capitalization, tax repair, and budgeting policies of Aqua Pennsylvania, Inc

Researches and performs comparative analyses of public utility issues

Identifies trends and developments in competitive environments

Prepares forecasts and analysis of trends in finance and general business

Collects and analyzes financial information

Reconciles accounts

Performs other assignments as required

Qualification

Financial modelingRegulatory filingsCost of service rate-makingMicrosoft Office SuiteAnalytic problem solvingProject planningInterpersonal skillsTechnical writingAttention to detailTeam collaboration

Required

BA/BS Degree required

2-5 Years of Experience

Flexible, logical, accountable, approachable, and passionate about work

Maintains positive team-building role during pressure-filled, deadline-driven crunch times

Possess strong organizational/multi-tasking and project-planning skills

Exhibits professionalism with internal and external contacts

Organized with strong attention to detail and time management skills

High degree of initiative; self-starter

Communications with accuracy and precision in writing and speaking

High degree of confidentiality required

Trustworthy; strong personal integrity; emotional maturity

Demonstrates high level of accountability and ownership

Executes with discipline and urgency

Collaborative/Team oriented

Expertise in analytic problem solving

Strong interpersonal skills

Ability to perform complex computer model development

Advanced level of technical writing ability

A clear understanding of cost of service rate-making and utility regulation is an asset for this position

Strong intermediate to advanced ability with Microsoft Office suite: Word, PowerPoint, Excel, Access and other technologies applicable to job

Proficient with technology and re-evaluates process to increase efficiency, accuracy and appropriate level of documentation through the skilled application of technology tools; must be proficient in MS Excel, able to work independently and synthesize large amounts of information