Senior Financial Analyst

At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven't stopped since we started in 1888.

We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We're always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.

This is an exciting time to join Portland General Electric. As Oregon's largest electric utility, Portland General Electric is leading an energy transformation that will harness the power of clean and renewable resources on behalf of all customers. Our vision for a clean energy future relies on three interrelated and overarching strategies: decarbonize through investing in clean and reliable energy; modernize through a smarter more resilient grid; and empower our customers in their energy technology choices.

As a financial analyst, you'll be the driving force behind strategic planning and budgeting multiple departments. Your analytical prowess and financial acumen will empower officers and leaders to make informed decisions and achieve their operational goals. This role demands a proactive approach, where you'll conduct in-depth analyses of operational effectiveness, and capacity utilization, providing valuable insights to fuel growth and optimize performance.

In this fast-paced environment, your ability to think critically, anticipate challenges, and present complex data in a compelling manner will be instrumental in driving operational excellence. Embrace the opportunity to collaborate with cross-functional teams, fostering a culture of continuous improvement and innovation.

Job Function Summary

This analyst role supports multiple officers in the shared services organizations for annual operating and capital budgeting. This role is required to assist officers / leaders to meet their commitments to create operating plans

May include conducting analyses of operational effectiveness and capacity utilization. Manages corporate and/or site budgets, generates forecasts, analyzes utilization and serves as internal consultant on financial matters for the organization. Creates financial models of scenarios for future business planning decisions.

Key Job Information

Senior Financial Analyst 5959

Grade 7

Career Level: P3

Career: Requires in-depth knowledge and experience

Uses best practices and knowledge of internal or external business issues to improve products or services

Solves complex problems; takes a new perspective using existing solutions

Works independently; receives minimal guidance

Acts as a resource for colleagues with less experience

Key Responsibilities

Internal Consulting Develops reports documenting complex analyses; may be responsible for preparing annual budgets and/or strategy reports including metrics and measurements

Reporting Develops internal managerial reporting to support management and internal stakeholders; identifies, designs and implements process improvements of reporting or financial modeling

Financial Models Develops longer-term financial models with complex assumptions or relationships (e.g., models that will receive a high level of scrutiny internally and by regulatory groups); coordinates with other departments to ensure model assumptions/outputs align across the organization

Financial Systems Prepares information to be presented to senior management, the Oregon Public Utilities Commission and other external parties and answer straightforward questions

External Interaction Presents analysis and work products to clients and senior management; may direct external consultants to complete projects

Economic Analysis Develops economic analyses for significant and complex corporate projects and/or functions, including examining economics/costs under uncertainty; directs the activities of at least one other team member in completing the analysis

Financial Models Develops longer-term financial models with complex assumptions or relationships (e.g., models that will receive a high level of scrutiny internally and by regulatory groups); coordinates with other departments to ensure model assumptions/outputs align across the organization

Education/Experience/Certifications

Education Requires a bachelor's degree in finance, business, economics or other related field or equivalent experience.

Experience Typically five or more years in related field.

Competencies (Knowledge, Skills, Abilities)

Functional Competencies

5-8 years exp supporting business functions in a corporate setting working 1 on 1 with the execs and direct reports to create operations plan for budget and capital investments

Being a trusted advisor for the day to day operations for multiple groups in the organization including C-Suiter teams

Regulatory background is a plus .

Being able to connect and listen to the business partner

Operating with in the discipline of finance being able to educate on why they have to do things.

Strong collaboration mindset

Intermediate knowledge of fundamental economic, business and accounting principles

Advanced knowledge of macroeconomics and microeconomics, pricing theory, finance, accounting and financial analysis

Advanced financial modeling skills and experience using Microsoft Excel

Intermediate knowledge of regulated utility operations, revenue requirements, utility accounting principles (e.g., rate-base return standard, AFUDC), wholesale power market and the basics of power plant and transmission system operation and market fundamentals

Intermediate mathematical skills, including calculus, ordinary and partial differential equations, linear algebra, probability and multivariate statistics

Intermediate knowledge of fundamental economic, business and accounting principles

General Competencies

Intermediate business acumen

Intermediate problem-solving skills

Advanced written and oral communication skills

Intermediate analytical thinking skills

Intermediate organization and prioritization skills

PGE supports hybrid flexible work arrangements; and will have a combination of in-the-office and working offsite. This individual must be based within 75 miles of the work location and will be required to work in-the-office at least once a week. However, these arrangements may change due to business needs or changes in responsibility.

Compensation Range:

$85,500.00 - $169,875.00

Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range, the decision will be made on a case-by-case basis.

PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here.

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do.

One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting.

You may also make this request by contacting talentacquisition@pgn.com or by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com.

To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.

July 7, 2024