Seattle Public Utilities · 1 day ago
Senior Utility Rate Analyst
Seattle, WA
Full-time
Onsite
Mid, Senior Level
$60.55/hr - $70.40/hr
3+ years expSeattle Public Utilities (SPU) is a highly respected and innovative public utility providing essential services to over 1.5 million customers in the Seattle metropolitan area. The Sr. Utility Rate Analyst will manage financial planning for utilities, conduct rate studies, and present financial analyses to senior management and stakeholders.
Government Administration
Responsibilities
Prepare regular utility rate studies, including proactively identifying and analyzing issues
Develop recommendations on financial and rate setting policies
Develop ongoing rate forecasts to show financial impacts of business practices, programs and investment choices, and utility policy alternatives
Present results of modeling, forecasting and analysis to senior management, interdepartmental teams, citizens' committees and elected officials
Manage the ongoing finances of a Fund, including independently identifying and analyzing items that may impact the Fund, preparing monthly financial reports, and monitoring of Fund overall financial performance
Maintain the Fund’s financial forecasting and cost allocation models and develop and test new model features as required
Provide direction/guidance to interdepartmental groups on issues that impact rates and financial performance
Act as the SPU utility lead in the issuance of revenue bonds for the Fund, including recommendation of timing/size of issues and forecast of financial impacts
Present financial projections to rating agencies
Coordinate with the City’s law and finance departments, and financial consultants in the development of information for potential investors and rating agencies
Lead efforts and direct teams, as required, related to rates or other financial policy initiatives, including coordination with other SPU teams, City departments, and external stakeholders
Work effectively within a multicultural workforce serving a diverse customer base
Qualification
Required
Requires three (3) years' professional experience in economic and financial research and analysis
A baccalaureate degree with one year of graduate study in Economics, Finance or other field involving extensive course work in economic and financial theory and analysis
The year of graduate study may be replaced by two years of related professional experience
Other combinations of education and experience will be evaluated on an individual basis for comparability
Preferred
High proficiency with large volume data analysis and ability to create queries, ad hoc analysis and reporting using tools such as Power Query and SQL
Background in finance and financial analysis with exposure to accounting treatments, interpretation of accounting guidelines and financial ratios
Experience in independently applying a variety of analytic and modeling methods to different problems
Excellent oral, written and interpersonal communication skills, including presenting information to a variety of audiences
Self-starter with demonstrated ability to accomplish work tasks independently, but in close coordination with a team
Demonstrated leadership skills, including supervising or directing others and experience working collaboratively with cross-functional teams
Experience working with elected officials and the general public with diverging opinions and viewpoints
Experience with policy analysis and interpretation of legislation and/or regulations
Ability to work within the organizational framework of SPU Workplace Expectations including our values on Safety, Respect, Diversity, Trust, Humor, Productivity, Integrity, Innovation, Partnership and Accountability
Ability to communicate and work effectively within a multi-cultural workforce serving a diverse customer base
Benefits
Vacation
Holidays
Sick leave
Medical
Dental
Vision
Life and long-term disability insurance for employees and their dependents
Company
Seattle Public Utilities
We foster healthy people, the environment, and the economy by partnering with our community to equitably manage water and waste resources for today and future generations.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Frana Milan
Strategic Funding and Partnerships Advisor
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