Lead Financial Analyst

Description:

The Lead Financial Analyst works in our Treasury group and will be responsible for financial modeling and analysis, creating and delivering presentations to senior leadership and working closely with credit rating agencies to aid the use of public and private capital markets in efforts to support debt financing/tax-free bonds/green bonds for capital construction, asset acquisition, and working capital. Experience within electric utility is preferred.

Financial analysis will include producing and analyzing income statements, cash flows, various financial metrics, and scenarios. The Lead Financial Analyst will assist in preparation of presentation materials for executive management and the Trustees, telling the financial “story” of the organization such that high-level, actionable information is communicated. This work supports robust financial and operational decision-making through expert advice and training on financial acumen, modeling, and best practices.

The Lead Financial Analyst will also assist in assessing industry changes and changes in NYPA’s overall business, and resulting modifications to financial models and processes. Additionally, the Lead supports the analysis of cost and revenue data critical to the recovery of revenue requirements for NYPA’s generating facilities, various market areas, and transmission facilities. Such activities help identify and provide support for the development of business solutions that allow NYPA to maintain its competitive margin and financial integrity in the ever evolving electric utility marketplace.

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Responsibilities
Design and maintain automated financial tools and systems that ensure quality information and reports are delivered to senior management on a timely basis.
Identify emerging needs and implement additional reports to present data in a concise and useful fashion. Design and implement financial models and modeling changes to quantify the potential impacts of industry changes and changes in NYPA’s overall business, including net income forecasts, cash flow forecasts, and relevant financial metrics. Test calculations and ensure accuracy of the models. Identify, recommend, and implement opportunities to streamline processes or improve computer model systems.
Perform cost/benefit and life-cycle economic analyses of NYPA’s various facilities and programs, and any other special assignments/analyses as directed by senior management.
Interpret results from various analysis and communicate actionable recommendations to senior management, either verbally or in writing, about the preferred way to proceed along with alternative scenarios. Identify key strategic considerations and present these to senior management, such that high-level, actionable information is communicated.
Represent the Finance department throughout the organization as a trusted business partner, bringing value added financial acumen to cross functional groups and projects.
Lead junior team members in completion of special assignments and analyses as assigned by management. Represent the Financial Analysis team in meeting with NYPA staff and external stakeholders. Stand in for the Manager of Financial Analysis as required.
Lead staff person responsible for coordinating information flows between Financial Analysis and other NYPA groups and departments.
Lead staff person responsible for internal coordinating activities and actions needed to ensure the accurate and timely completion of deliverables.
Assist Manager in coordinating work assignments and selecting appropriate technical applications to be applied to economic and/or financial problems and models.
Knowledge, Skills and Abilities
Proficient knowledge of economics, finance, and accounting. Proficiency with the electric utility industry and NYISO market strongly preferred.
Working knowledge of one or more of the following areas required: oil & gas markets, hedging structures and instruments, NYISO markets, Public Service Commission and FERC policy and process, and financial and bond markets.
Excellent analytical skills required, including statistical and quantitative analysis and the use of spreadsheets and databases to analyze past and forecast future financial trends. Ability to analyze financial, marketing and operational data; and based on this analysis identify key strategic considerations and recommend solutions to senior management.
Ability to solve problems, manage implementations, co-lead teams, coordinate periodic activities and meet project deadlines.
Proven ability to organize data, report on studies in a logical and effective manner, and a demonstrated ability to adapt to rapidly changing environments.
Expert proficiency with Microsoft Excel, Word, and PowerPoint and other computer applications and file organization procedures is required.
Demonstrated ability to use Pivot Tables, Tables and Database formulas within MS Excel at expert level.
Advanced knowledge of MS Access, SAP BI, NYISO DSS, and/or Tableau is preferred. MS Visio knowledge is desirable.
Ability to work closely with NYPA staff and external stakeholders in collaborative processes. Strong planning and organizational skills required to manage multiple complex processes involving many different departments within NYPA as well as customers and their consultants.
Proactive approach to identify opportunities to improve efficiency of work processes and computer models and systems. Willingness and ability to research and learn new areas as the business needs change.
Ability to organize and prioritize job assignments and complete tasks in a timely manner with minimal supervision.
Excellent oral and written communication skills. Ability to clearly explain and present concepts in multiple areas of expertise to peers and management. Ability to represent department and advocate for departmental/NYPA needs in cross-departmental and external meetings.
Ability to lead and mentor junior staff, and stand in for the Manager of Financial Analysis as required.
An overall understanding of NYPA’s operations preferred.