Sr. Financial Analyst or Financial Analyst FP&A

Located in the heart of the Bluegrass state, East Kentucky Power Cooperative is a not-for-profit generation and transmission (G&T) electric utility with headquarters in Winchester, KY which is just a short distance from Lexington. Our cooperative has a vital mission: to safely generate and deliver reliable, affordable and sustainable energy to our 16 owner-member cooperatives serving more than 1 million Kentuckians across 87 counties. We¿re leaders in environmental stewardship and we¿re committed to provide power to improve the lives of people in Kentucky.

As passionate as we are about providing smart energy solutions, we are equally excited about people. We strive to cultivate connected workplaces where great ideas are born and rewarding careers are built.

EKPC offers a wage and benefits package that ranks among the best in the state. There is no waiting period on our medical, dental and vision insurance plans so you are covered on day one, and the dental plan is free for employees. Our generous 401(k) retirement plan allows employees to start contributing to their plan after a month of service, and after 3 months of service, EKPC will automatically contribute 6.5% of base wages AND match employee contributions up to 4.5%. Our competitive vacation and sick leave package starts day one to allow for flexibly and a healthy work-life balance.

For more information on our plentiful benefits package visit our website at https://www.ekpc.coop/work-ekpc

EKPC is an Equal Employment Opportunity Employer

This posting will remain open until the position is filled. We encourage you to apply early as we will review and consider candidates as they are received.

Senior level requirements are being posted and are preferred; however, lesser experienced candidates will be considered should more experienced candidates not be found.

This position is responsible for the development, preparation, consolidation, and analysis of the corporate budget, long-range financial forecast (LRFF), and Key Performance Indicators (KPIs). This position maintains, updates, and improves financial models to support strategic decisions.

Financial Forecasting

• Maintains, updates, and improves UI Planner financial model.
• Prepares financial forecasts and financial plans by gathering input from subject matter experts, performing complex analysis, evaluating costs and benefits, conducting research, and coordinating corporate input into a financial model.
• Generates comprehensive financial reports and presentations from the long-range financial model.
• Leads meetings with EKPC staff to gain agreement and collect information for the creation of financial models.
• Performs risk analysis on financial model and communicates the impact of various assumptions to leadership (e.g. production costing, investments, load forecasts, and environmental factors).

Budget

• Develops corporate budget targets and business unit targets, and monitors progress in meeting requirements.
• Prepares budget for complex areas (e.g. member revenue, fuel and purchased power, transmission, and labor).
• Creates and maintains complex spreadsheets, models, databases, and PeopleSoft nVision reports prepared for the corporate budget and all department budgets.
• Provides direction to department staff with preparation of their budget and supporting documents for work plans and cooperative goals.
• Ensures all department budgets meet completion requirements, accuracy, and conformance with established policies, procedures, regulations, and organization objectives.
• Develops budget and planning models.
• Reviews reforecast results and budget journal entries.

Reporting

• Reviews variance analyses of historical, current, and forecasted projections.
• Reviews data from various sources and prepares financial reports/analyses at the corporate and department level.
• Reviews and prepares profitability analyses, revenue and expense trend analyses, interprets data, and communicates results and understanding of information to EKPC personnel.
• Reviews actual-to-budget variance explanations for departments and recommends specific corrections to general ledger accounts, budget codes, and department codes to improve accuracy.
• Serves as the nVision report writing subject matter expert and PeopleSoft power user.
• Assists others to obtain data and reporting to improve their business processes.

Performance Measurement

• Provides assistance to Director in establishing corporate KPI targets and business unit targets. Tracks and monitors progress of performance targets by providing variance analysis.
• Analyzes and reports on measurement against metrics and the achievement of overall business goals.
• Researches and recommends continuous improvements to the planning processes to increase customer satisfaction and improve department productivity.
• Actively participates in upgrades, enhancements, and implementations of PeopleSoft, UI Planner, Power B.I., and other software.
• Provides analysis in response to data requests from the PSC and other agencies.
• Prepares ad-hoc reports and analyses.

General

• Mentors and trains other staff on team.

Performs other duties as assigned.

Education:

• Bachelor¿s degree in related area required. MBA preferred. An equivalent combination of education and experience may substitute.

Experience:

• Seven (7) years of related experience.
• Extensive experience in finance and accounting required.

Skills and Abilities:

• Thorough understanding of the utility industry and its financial components.
• Thorough understanding of assumptions, impacts, and risks from generation plans, load forecasts, and environmental factors.
• Strong analytical skills, including financial, quantitative, and statistical analysis.
• Thorough knowledge of software tools, including business Intelligence and structure query language.
• Thorough understanding of computer application and modeling skills; spreadsheet, database, and forecasting software (e.g. UI Planner).
• Ability to provide guidance, training, and mentoring to team.
• Excellent interpersonal skills and the ability to collaborate with other contacts, both inside and outside the cooperative.
• Excellent listening, written, and oral communication skills required, with effective public speaking skills and the ability to present training to groups.
• Strong customer focus, maintains positive attitude, provides clear instruction, and ensures customer understanding.
• Ability to work independently and in a team-oriented, collaborative environment.
• Provides thorough and timely communication to leadership and staff.
• Effectively prioritizes work, manages time, and adheres to deadlines.
• Demonstrates ability to be adaptable and flexible to changing conditions.
• Proactive, detail-oriented, organized, and the ability to multitask.
• Effective persuasion skills.
• Ability to exercise discretion, integrity, objectivity, confidentiality, and judgment.
• Thorough knowledge of Microsoft Office suite (Word, Excel, PowerPoint, and Outlook).

• Technical/Professional Knowledge and Skills
• Quality Orientation
• Building Partnerships
• Decision Making
• Coaching

• Usual office conditions apply to this position.
• May require occasional work outside normal work hours.
• Regular lifting up to ten (10) pounds.
• Some travel within the system and occasional out-of-state, which may be overnight.
• Must maintain valid driver¿s license.
• Must wear personal protective equipment as appropriate.