Sr Financial Planning Analyst (Hybrid-Local Remote Or On-Site)

Job Description

Under the general direction of the Manager, this position contributes to the annual capital budget development process and is responsible for ongoing financial monitoring and administration of approved projects. Provides support and information for the annual revenue requirement, operations and maintenance (O&M) budget, and rate filing process.

What You Will Be Doing:

• Participates in the annual capital budget development process with key internal and external stakeholders.

• Assists with preparation of annual recurring stakeholder meetings.

• Works with internal stakeholders to determine the proposed project list for the following year.

• Assists with determining the annual capital requirement and project budget amount.

• Responsible for Monitoring, tracking and reporting of project spend against approved budget.

• Facilitates the porject approval process.

• Enters projects in the project system.

• Prepares project status reports for management review.

• Maintains all approved projects' source documents.

• Monitors all contracts and purchase orders issued against projects.

• Reviews all submitted capital and project invoices to assure coding is correct.

• Prepares monthly project expenditures report to be used in the quarterly Board financial reports and project manager reports.

• Regularly analyzes project spending to determine risk of projects exceeding budget. Reports to management as required.

• Prepares monthly Grid Management Charge (GMC) draw package related to projects.

• Serves as subject matter expert on all project budgeting and accounting.

• Ensures that all project accounting satisfies the requirements of Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and the Federal Energy Regulatory Commission (FERC) Chart of Accounts, while providing informative and accurate project budgeting, reporting and analysis.

• Participates in the fixed asset accounting process, in conjunction with Accounting group.

• Determines when projects are complete and should start depreciating.

• Prepares transfer of completed projects from the project accounting system to fixed assets.

• Reconciles fixed assets transfers to the general ledger on a monthly basis.

• Prepares information for capitalized labor on monthly basis.

• Act as a liaison between the Finance group and other groups across the ISO such as committees, departments, and the Executive Team.

• Prepares financial reports for regularly recurring committee meetings and as required.

• Participates in program, project, and other management forums as required.

• Works closely with the Accounting group on capital and project related year-end closing, financial audits, and as required.

• Assists in the triennial Cost-of-Service study development by maintaining clean project codes and clean project data; as well as, provides code training as necessary and assists with analysis of study's data.

• Collaborates with other departments to:

• Develop or modify standing policies, processes, and desktop procedures as necessary to help create a flexible and efficient organization.

• Assure appropriate business or finance controls are in place as necessary.