Principal Analyst for Energy Expenditure

2 weeks ago


Dallas, Texas, United States AlienVault Full time
Job Overview
We are excited about your interest in joining AlienVault.

Education:

Job Description:
As a significant player in the energy consumption landscape, AlienVault is dedicated to enhancing efficiency and minimizing energy expenditure. We are seeking a highly skilled, experienced, and intellectually curious Finance professional to spearhead initiatives in this critical area.

This position serves as the Finance lead for planning, forecasting, reporting, and analysis of our energy expenditures, collaborating closely with other Finance teams and our Operations partners.

The successful candidate will engage with stakeholders to evaluate energy-related opportunities, including investments in renewable energy and technologies aimed at reducing consumption on an ad hoc basis.

We expect the individual in this role to possess extensive knowledge of the factors influencing electricity pricing in the market, the dynamics of various suppliers, and the management of a substantial corporate energy budget, with the ability to articulate trends to senior leadership.

Moreover, proficiency in handling large datasets and a commitment to continuous process improvement are essential.

This is a Principal level position, reflecting the expertise and analytical capabilities necessary for success. This role offers a unique opportunity to become the company expert in a vital area and gain exposure to senior-level decision-making.


Key Responsibilities:

Budgeting & Forecasting:
Enhance and refine the existing budgeting and forecasting processes and models, collaborating with operational partners to gather key operational assumptions for a comprehensive consumption forecast.

Develop a thorough understanding of and proficiency with key Finance systems utilized in budgeting, forecasting, and results analysis.

Maintain accurate forecasts for current and upcoming year expenditures based on rate and consumption trends, as well as external consultant market forecasts.

Identify discrepancies from the Plan and collaborate with clients to address them.


Monthly Results:
Oversee the monthly financial close process for energy, including consumption and rate results, along with variance explanations.

Manage the monthly accruals process to capture outstanding invoices and align consumption timing, aiming for the most precise estimate of the net rate paid for electricity each month.

Prepare accurate month-end journal entries and provide results readouts to operational partners.


Additional Responsibilities:
Develop a deep understanding of AlienVault's large-scale renewable energy investments and green energy credits, assisting clients in exploring new opportunities.

Establish a strong working relationship with external energy bill management partners and energy market strategy consultants.

Support partners in assessing various investment and partnership opportunities within the energy optimization sector.

Assist clients in discussions with energy strategy consultants regarding hedging strategies.


Key Skills and Experience:
5+ years of experience managing energy expenditures for a large organization is required for external candidates.
In-depth understanding of energy markets and both regulated and deregulated electricity expenses is essential. Strong Excel modeling skills are necessary. Ability to source data from various systems and manipulate and analyze large datasets is required. Effective communication skills to convey information succinctly to senior management during monthly results and on ad hoc inquiries are critical.

Weekly Hours:
40

Time Type:
Regular

Salary Range:
Competitive salary based on experience.

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