Financial Analyst

Requisition ID: 106584

Share Our Purpose. Be Yourself. Feel Valued.

People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals.

We are Beautifully Different. We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role! Click here for more information on our inclusion, diversity, and equity journey.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water's 6,500 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

As one of the fastest growing utilities in the U.S., American Water expects to invest $30 to $34 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities.

American Water has been recognized on the 2023 Bloomberg Gender-Equality Indexfor the fifth consecutive year, ranked 18th on Barron's 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency's WaterSense Excellence Award, among additional state, local and national recognitions.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, Twitter and Instagram.

American Water is seeking a full-time Financial Analyst to join the team! In this role you will collaborate with Information Technology business leaders to understand key business drivers, operational metrics, and deliver effective analysis of results! Apply TODAY for immediate consideration!

Primary Role

Responsible for supporting management in shaping, driving, and influencing business performance and continuous improvement for the Information Technology (IT) organization; supporting the business planning and reforecasting process, financial reporting and analysis; ratio analysis and operational metric interpretation; and collaboration with IT business partners on an ongoing basis.

Key Accountabilities

• Support the monthly financial reporting process including variance analysis and management reporting.

• Collaborate with IT business leaders to understand key business drivers, operational metrics, and deliver effective analysis of results.

• Assist in the preparation of IT annual budgets, forecasts, and long-range financial plans.

• Collaborate with operational and financial business partners to develop budget assumptions and pertinent supporting schedules.

• Develop and maintain financial models for all IT business units, analyze financial data to identify trends, variances, and opportunities for improvement.

• Continuously improve financial processes and systems to enhance efficiency and accuracy.

• Prepare ad-hoc financial analyses and reports to all levels of management, as needed, to support decision-making.

Knowledge/Skills

• Strong analytical and problem-solving skills.

• Ability to recommend and implement process improvements, work independently, and handle multiple tasks simultaneously.

• Ability to establish and maintain good working relationships within finance and with all levels of management.

• Excellent communication and interpersonal skills.

• Knowledge of US Generally Accepted Accounting Principles (USGAAP).

• Advanced MS Excel and PowerPoint skills.

• SAP and Hyperion experience preferred.

Experience/Education

• Bachelor's degree(required) in Economics, Finance, Accounting, Business or a closely related field or an equivalent combination of education and experience.

• Advanced degree or CPA, CMA or CFA preferred.

• 3+ years of accounting/FP&A related experience required.

• Regulated utility experience preferred.

Work Environment

• Professional office environment.

Travel Requirements

• Minimal

Competencies

Champions safety

Customer obsessed

Cultivates innovation

Nimble learning

Drives Results

Collaborates

Join American Water...We Keep Life Flowing

American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.