Financial Analyst

18 hours ago


Los Angeles, California, United States City of Pasadena, CA Full time
Job Title: Financial/Rate Analyst

Join the City of Pasadena, CA team as a Financial/Rate Analyst and contribute to the success of our Water and Power Department.

About the Role

We are seeking a highly skilled Financial/Rate Analyst to perform complex financial functions, including budget preparation and monitoring, financial analysis, and accounting tasks. The successful candidate will assist in the development of financial and operational alternatives to existing and proposed utility conditions and projects.

Key Responsibilities
  • Assist in developing utility annual operating and capital budgets and presentation materials.
  • Perform various accounting tasks, including financial reporting and analysis, accounts reconciliation, and month/year-end closing.
  • Prepare and review monthly financial forecasts and cash reserves for Water and Power funds.
  • Assist in the preparation of PWP annual reports in compliance with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), Federal Energy Regulatory Commission (FERC), and California Public Utility Commission (CPUC).
  • Conduct routine financial and statistical analyses to include feasibility, performance, and productivity.
  • Prepare funding and service proposals, council agendas, ordinance documents, and other financial reports.
Requirements
  • Bachelor's degree in accounting, finance, or a closely related field.
  • A combination of three years of accounting and/or budgeting and analytical experience, preferably within a public utility organization or similar agency.
  • Certified public accountant or utility accountant is desired but not required.
What We Offer

The City of Pasadena, CA offers a competitive salary and benefits package, including a 2% @ 62 benefit formula for new members to CalPERS or an agency with CALPERS' reciprocity.

Apply now to join our team and contribute to the success of our Water and Power Department.



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