Senior Financial Analyst - RRE, ESGS & GTSO Consolidations Finance

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 Senior Financial Analyst position will report to the Director of RRE, ESGS & GTSO Finance, supporting the Regulated & Renewable Energy (RRE), Enterprise Safety & Generation Services (ESGS), and Generation Transition & System Optimization (GTSO). This position will support the RRE, ESGS & GTSO's, O&M and Capital consolidations, reporting and analysis for a combined total annual budget of approximately $4-5 billion. The position will be responsible for coordinating the cost management reporting, accounting and financial analysis, business planning and all key operational finance functions. The position will provide support to the organization's senior leadership as needed.

RRE is responsible for operating and maintaining over 43,000 MWs of generating capacity (approximately 80% of Duke Energy's total regulated generating capacity), including Coal, Combined Cycle, Combustion Turbine, Hydro-Electric and Regulated Solar Energy generation across six states. Total annual budget is approximately $2 billion between O&M, Capital, ARO and Cost of Removal (COR).

ESGS is responsible for a variety of different support organizations: Environmental, Health & Safety (EH&S), Coal Combustion Products (CCP), Enterprise Operational Excellence, Enterprise Training, Project Controls and Central Operational & Services Oversight (COSO).

GTSO is responsible for the integrated resource planning and execution, technology determinations, renewables project development, fuels and system optimization and major project management and construction to help meet Duke Energy's clean energy transformation goals across all jurisdictions. Total annual budget is approximately $1-2 billion between O&M, Capital and ARO.

Position will frequently interface with Regional RRE, ESGS & GTSO Finance Directors, RRE Regional Finance Leads and other RRE Finance Staff members, different departments within the company, such as Asset Accounting, Compliance, Corporate Controllers & Accounting, Rates & Regulatory, internal/external auditors and all corporate finance departments for issues/resolution on financial/cost management items. This position requires a blended knowledge of operational, technical, and functional financial reporting and analysis skills.

Position must have strong ability to lead and direct financial activities, evaluate change management efforts, and drive business process improvement efforts. The position is required to perform all their duties and the duties of other senior and financial analyst positions, and also be able to back up the Director when needed. Position will effectively provide leadership (advising and providing direction) to others in financial areas of specialization and may coordinate daily work activities or review the work of other teammates.Position works independently, with guidance in only the most complex situations. Effective leadership, communication and collaboration skills are essential for this position as this position is responsible for functions and activities that impact a variety of different departments within the company. Maintaining a positive outlook is critical.

Supporting all groups RRE, ESGS & GTSO include but are not limited to:

Cost Management Reporting & Financial Analysis:

• Coordinate and prepare RRE's consolidated cost management reporting, variance analysis, year-end projections for Corporate ROCR, RRE Executive financial summaries and other financial presentations as needed.

• Coordinate the month-end close activities.

• Validate projections uploaded to correct target amounts.

• Prepare and or review and post journal entries (accruals and corrections).

• Provide financial, accounting, and business management analytical support to various levels of management and business partners.

• Analyze data, identify and correct errors to ensure accuracy and integrity of financial information.

• Oversee, monitor and modify as appropriate all allocation steps.

• Coordinate, prepare and or assist in research and providing answers for all various requests: internal/ external audits, rate case and regulatory filings/audits, etc..

• Serve as a resource for technical expertise, guidance, and assistance for questions and problems related to financial business management to all business partners, peers and teammates.

Business planning & oversight:

• Coordinate the overall budget and business planning process (the annual budget development and long-range planning process). Including communication of budget guidance, assumptions, timeline, 5-year plans for O&M and Capital.

• Coordinating review and preparation of annual budgets utilizing Hyperion Planning and Power Plan LRP.

• Validate budgets uploaded to correct target amounts.

• Develop and support department budget, strategic plan and related business planning presentation materials.

• Work closely with and at the direction of appropriate management during the business planning process for input and dialogue on business plan and budget content.

• Ensure accounting cost treatments and cash flows for the budgets loaded are accurate.

Governance and Oversight

• Ensure adherence to GAAP and internal company financial policies and procedures (i.e. Capital Charging guidelines, etc.)

• Effectively collaborate with Asset Accounting teams and CARG (Corporate Accounting Research Group) as needed to support appropriate cost treatment evaluations and project issue resolutions.

• Ensure adherence to internal and external governance policies and procedures for supported business partners.

• Facilitation/participation of Financial Oversight meetings (FOM) and any other meetings as needed.

• Ensure timely communication and effective collaboration with business partners for inquiries/governance issues and to effectively resolve any issues in a timely manner.

• Ensure requests from external/internal audits requests and data requests associated with any regulatory filings, rate case and or insurance claims are provided accurately and in a timely manner.

• Maintain good working knowledge of accounting policies and impacts as required.

Leading and building relationships:

• Build relationships & promote two-way communication with business partners and Finance peers.

• Help provide guidance to team on complex accounting issues.

• Proactively help identify cost reduction opportunities through independent analysis.

• Actively seek to identify and meet customer needs with a sense of urgency, taking ownership of customer issues and problems until resolved.

• Assist in defining and executing initiatives to drive a culture of accountability for financial management in their business partner's organization.

Other and miscellaneous duties:

• Coordinate & manage various projects & initiatives that arise throughout the normal course of business.

• Identify, develop and implement continuous process improvement opportunities.

• Lead and/or assist with special projects and requests as required

• Participate in peer teams when identified to ensure consistency in processes and reporting, and sharing of best practices throughout the organization

• Overtime may be required during monthly/quarterly/annual closing and business planning processes as well as rollout of new and/or changes processes.

• Perform other ad hoc requests as necessary.

• Bachelor's degree with major in Accounting/Finance or related discipline

• Three (3) 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 using financial applications (i.e., Power Pivot, PeopleSoft, Hyperion, SAS business rules, Power Plan, OneStream, and Reporting trees)

• Experience using Microsoft products such as Excel, Word and Power Point

Desired Qualifications:

• In addition to desired degree, 8 years related work experience

• CPA, CIS, CFA or CMA Certifications (or working toward certification)

• Master's in Accounting, Finance or Business Administration

• General understanding of GAAP accounting principles and internal controls.

• Experience in effectively interfacing with executive leadership

• Excellent oral and written communication skills including negotiating

• Excellent organization skills including ability to manage time, workload and competing priorities

• Broad knowledge of utility environment- specific expertise in Generation business acumen and providing financial support to Regulated & Renewable Energy (RRE) function as well as understanding of processes.

• Lead a team and or project/processes.

• Ability to effectively perform at the lead level by serving as a subject matter expert, developing and implementing process improvements, recommending best practices based on expertise & knowledge, training and guiding peers, leading and coordinating projects (i.e. budget process, monthly close etc.)

• Self- motivated; able to work independently with proactive recommendations and limited supervision and able to work in a team environment

• Ability to analyze and understand financial information, recognize significant variances, trends, and irregularities and summarize clearly and concisely to management.

• Ability to work in a team environment & foster good relationship with teammates & business partners at all levels of the organization

• Ability to meet stated deadlines and respond quickly to changing needs through a teamwork approach.

• Possesses and applies comprehensive and strategic knowledge of accounting and finance principles, practices, and procedures to complete complex assignments

• Experience with financial applications (i.e., PeopleSoft, WebI, Power Plant, Analysis Services etc.)

• Proficient use Microsoft products such as Excel (i.e. Pivot tables), Word, & Power Point.

• Strong IT skills and the ability to develop an understanding of applications such as:

  • Business Objects (WebI) Reporting Tool

  • SAS Business Rules

  • Analysis Services/Financial Cube Reporting

  • PeopleSoft and allocation steps

  • Code Block Maintenance / Tree Structures

  • Power Plan / LRP

  • Maximo

  • Microsoft Power Business Intelligence (Power BI), PowerPivot and Power Query

• 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 dailycommute to the assigned Duke Energy facility.

Travel Requirements

Posting Expiration Date

All job postings expire at 12:01 AM on the posting expiration date.

Privacy

Do Not Sell My Personal Information (CA)

Terms of Use

Accessibility