Senior Financial Analyst [Hybrid]

Edison International Rosemead , CA 91770

Posted 2 months ago

Join the Clean Energy Revolution

Become a Senior Financial Analyst at Southern California Edison (SCE) and build a better tomorrow. In this job, you'll be responsible for performing research and analyses to support the effective utilization and treatment of the Company's financial assets. You will develop recommendations on long and short-term investments and risk management, devise pricing, capital expenditure and O&M expense, and capital recovery strategies to achieve corporate financial goals. You will also develop models to forecast business conditions, to support Corporate and departmental decision-making, review and assess impacts of changing regulations, develop and analyze data and writes compelling testimony and responses to regulatory agencies in support of rate, regulatory, and demand side management activities in compliance with regulatory requirements.

A day in the life - Get ready to think big, work smart and shine bright!

  • Provide and supports the translation of 5-year operating plans to operating budgets, which will be used for multiple financial planning purposes including the General Rate Case (GRC) and Risk Assessment Mitigation Phase (RAMP).

  • Fiscal and budget assumptions used by business partners in developing operating plans, including assumptions used in prioritization of work.

  • Calculates unit cost, labor cost, overhead allocations, and/or contract, services and material cost needed to develop budgets, and compare actual to budgeted costs to support variance analysis and forecasting without supervision.

  • Builds cost expertise and performs cost trend analysis using historical and external data and continuous cost improvement without supervision.

  • Applies existing or devises new, innovative models and methodologies; resolve need for analysis in response to changing business conditions and the appropriate modeling and formulas to apply.

  • Provide analytical support for various Wildfire finance activities. This includes regulatory support for various Wildfire related filings and the General Rate Case. Provide day-to-day operational drivers that impact financials, pressure test business decisions, and development of Wildfire Operating Plans.

  • Coordinate responses to Wildfire data requests and internal/external audits. This includes preparing supporting backup details and documentation. Provide accounting guidance and oversight for monthly and year-end close activities related to Wildfire expenditures.

  • A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.

The Essentials

  • Five or more years of experience with financial and/or quantitative analysis, and accounting methodologies.

  • Five or more years of experience developing, validating, and presenting financial statistics and models.

The Preferred

  • Bachelor's Degree or higher in Accounting, Finance, Economics or related subject area.

  • Experience with SAP.

  • Experience with "utility" financial planning and accounting methodologies.

  • Forecasting and performing cost benefit/trend analysis.

  • Interpreting and applying General Accepted Accounting Principles (GAAP) and other regulatory requirements.

  • Six Sigma certification.

  • Communicating financial information to various audiences including senior management.

You should know

  • This position's work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days. Unless otherwise noted, employees are required to reside in the state of California. Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.

  • Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, the hiring process, and more!

  • Relocation does not apply for this position.

  • Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

About Southern California Edison

The people at SCE don't just keep the lights on. Our mission is so much bigger. We're fueling the kind of innovation that's changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you'll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.

At SCE, we celebrate our differences. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status.

We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.


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