Lead Financial Analyst

4 weeks ago


Charlotte, United States Duke Energy Full time
More than a career - a chance to make a difference in people's lives.

Build an exciting, rewarding career with us - help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.

The position is responsible for providing financial support for regulated jurisdictional forecasting . The position will have specific job responsibilities assigned and will receive direction from the Director/Manager of Forecasting. Key areas of focus will be forecasting capital, wholesale and net income along with insightful analytics. Key interface groups will be Rates & Regulatory Planning, Wholesale Power Sales, Accounting, FP&A, Resource Planning.

Responsibilities
  • Responsible for assisting in compiling a 5-year financial forecast. This includes required analytics, material for Senior Management and Board presentations, ad hoc reporting manage capital inputs including AFUDC, depreciation expense, recoverability and cash flow impacts.
  • Provide updates monthly on current year projected earnings.
  • Communicate analysis of key business drivers on financial statements and impacts on return on equity, capitalization structure, credit metrics, etc.
  • Partner with Rates & Regulatory Strategy department to model strategic regulatory assumptions.
  • Support accounting department on their analysis during the year comparing to budget.
  • Understand the basis for the retail load forecast and the economic drivers behind the numbers. Then convert the load quantities into revenue.
  • Understand how the load forecast impacts the system generation needs and fuel/purchased power costs.
  • Lead/model strategic planning scenarios to understand the earnings per share and cash flow impacts.
  • Work collaboratively with business partners; coordinate with numerous groups across finance and the business to build assumptions in creating the jurisdiction operational plan.
  • Work with Corporate Forecasting and Treasury on a financing plan that achieves targeted capitalization structure.
Required/Basic Qualifications
  • Bachelor's degree with major in Accounting/Finance or related discipline
  • Five (5) plus years of increasingly diverse or complex experience in related field in addition to degree
  • Possesses and applies fundamental accounting and finance concepts, practices, and procedures
  • Experience with financial applications (i.e., PeopleSoft, HFM, PowerPlan, etc.) and query tool (WebI)
  • Experience using Microsoft products such as Excel, Word and Power Point
Desired Qualifications
  • CPA or working toward CPA
  • Advanced degree, preferably in Accounting
  • Eight (8) years or more of professional work related experience
  • Knowledge of GAAP
  • Financial modeling experience
  • Strong understanding of Duke Energy's regulated business
  • Advanced PowerPoint Skills
  • Excellent analytical and problem solving skills
  • Advanced Excel skills
  • Excellent communication and collaboration skills
  • Well organized and flexible to shifting priorities
#LI-JC1

#LI-Hybrid

Working Conditions
  • Hybrid Mobility Classification - Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to a Duke Energy facility.


Travel Requirements
Not required

Relocation Assistance Provided (as applicable)
No

Represented/Union Position
No

Visa Sponsored Position
No

Posting Expiration Date
Saturday, May 18, 2024
All job postings expire at 12:01 AM on the posting expiration date.

Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.

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