Remote Financial Planning and Analysis Manager

Summary

Join Clean Power Alliance (CPA) as their Financial Planning and Analysis Manager! This role involves managing agency budgeting, financial planning, and analysis, overseeing a Financial Analyst, and contributing to financial reporting and risk management. You will collaborate with senior management, board committees, and external partners. The ideal candidate possesses strong analytical and communication skills, experience in the energy sector, and a deep understanding of financial systems. This hybrid or remote position offers a competitive salary and benefits package, including health care, a 401(k)-like match program, paid time off, and a transportation allowance for the hybrid option.

Requirements

• Possess excellent Microsoft Excel and analytical skills
• Have knowledge and experience with commercial credit analysis and management, ideally in the energy sector
• Possess in-depth experience with financial planning, financial analysis, budgeting, and financial reporting
• Have a deep understanding of the interactions between systems and how business processes are enabled and impacted by those systems
• Possess experience in developing financial systems and performing analytics for an energy-related market participant
• Possess excellent verbal and written communication skills
• Have a bachelor’s degree & 5 years of financial, credit, and/or data analysis and modeling experience
• Have experience with California electricity or related energy markets
• Effectively engage with internal and external stakeholders
• Be able to organize and carry out projects with minimal instruction and supervision
• Be a strong communicator who can write compellingly and clearly and deliver well-drafted and effective presentations
• Undertake financial planning, analysis, and reporting or perform similar financial functions
• Demonstrate good knowledge of financial statements and working knowledge of Generally Accepted Accounting Principles (GAAP)
• Exhibit strong interest and aptitude to develop and manage a direct report
• Exhibit strong analytical and critical thinking skills
• Have a strong understanding of and experience with the analysis of large data sets, including experience extracting and analyzing data from databases
• Have a high tolerance for uncertainty and know how and when to bring things to resolution
• Have a strong work ethic and be comfortable taking initiative in a fast-paced environment
• Work well on diverse teams
• Be able to translate complex technical information into non-technical messages for business users
• Compose correspondence independently based on policy and guidelines and maintain complex records
• Must be able to sit or stand at a desk and work on a computer for prolonged periods

Responsibilities

• Develop, maintain, and oversee the implementation of annual budgeting and budget amendment processes
• Collaborate with budget owners to develop cost center budgets and financial forecasts. Maintain and update cost center and consolidated budget reports and compile cost center budgets into the annual budget workbook
• Manage the integration of the approved annual budget data with the accounting system and generate and distribute the monthly actual vs budget report for each cost center
• Develop and present budgets and supporting analyses and reports to senior management and board committees
• Develop and maintain systems to reconcile financial forecasts (including budgets) to actual financial results. Collaborate with cost center managers and subject matter experts to explain deviations between actuals and forecasts
• Collaborate with cost center managers to develop and maintain systems for reporting cost center budget to actual variances and provide updated cost estimates
• Collaborate with Non-energy Contract Manager to develop and maintain systems to capture contract data, report contract spending, and facilitate spending estimation for the balance of the contract term
• Evaluate and recommend modifications to projections and preliminary actual financial results generated by analyses
• Collaborate with the Data and Systems and Customer Care Teams to identify data needed in our data warehouse to support variances and other analyses
• Support the evaluation and selection of a new budgeting system. Manage aspects of the new budget system implementation project and provide training to other system users
• Perform analysis and shadow calculation for non-energy service invoices from SCE using customer billing data
• Assist in the month-end close process, prepare journal entries and perform monthly account reconciliations as assigned
• Manage compilation of financial data for the Agency’s compliance filings and audits and perform compliance filings as assigned
• Assist in financial statement preparation and any internal and external financial reporting needs
• Manage monthly AR aging analysis, bad debt expenses analysis, and roll-forward schedules
• Manage reconciliation of monthly data manager reports with lockbox deposit records and general ledger accounts and research variances as needed. Analyze customer billing data to support accounting and financial control functions as assigned
• Perform due diligence on the customer account write-off list provided by SCE
• Perform cash cycle analysis, identify process improvement opportunities, and provide analytic reports for management as requested. Research, resolve, and document any variances and report discrepancies
• Implement, manage, and make recommendations for continuous performance improvement of third-party collection agent(s) in the customer accounts receivable collection process
• Manage the periodic review process for credit policies and practices and make recommendations for improvement
• Perform ad-hoc analyses and projects as assigned
• Supervise, assign, and review the work of a Financial Analyst

Preferred Qualifications

Working knowledge of GAAP (Generally Accepted Accounting Principles)

Benefits

• Health care
• A 401(k)-like match program
• Paid vacation
• Sick leave
• Hybrid or Remote options. The Hybrid option requires 2-3 assigned days in the Downtown Los Angeles office and includes a transportation allowance