Duke Energy Lead Financial Analyst - Regulated Utilities in Charlotte, North Carolina
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The Lead Financial Analyst – Regulated Utilities is responsible for providing financial support for Regulated Utilities regional forecasting for Duke Energy Progress. The Lead Financial Analyst position will have specific job responsibilities assigned and will receive direction from the Director of Forecasting. Key areas of focus will be forecasting retail revenue requirements, capital expenditures, coal ash, wholesale margin and ultimately key financial metrics (net income, dividend yield, return on equity, and customer rate impacts), along with insightful analytics. Key interface groups will be Rates & Regulatory Planning, Wholesale Power Sales, Accounting, FP&A, Fuels, Load Forecasting and Resource Planning.
Responsible for assisting in compiling a 5-year financial forecast. This includes required analytics, material for Senior Management and Board presentations, ad hoc reporting
Manage capital inputs including AFUDC, depreciation expense, recoverability and cash flow impacts
Provide updates monthly on current year projected earnings
Communicate analysis of key business drivers on financial statements and impacts on return on equity, capitalization structure, credit metrics, etc.
Partner with Rates & Regulatory Strategy department to model strategic regulatory assumptions
Support accounting department on their analysis during the year comparing to budget
Understand the basis for the retail load forecast and the economic drivers behind the numbers. Then convert the load quantities into revenue.
Understand how the load forecast impacts the system generation needs and fuel/purchased power costs.
Lead/model strategic planning scenarios to understand the earnings per share and cash flow impacts
Work collaboratively with business partners; coordinate with numerous groups across finance and the business to build assumptions in creating the jurisdiction operational plan
Work with Corporate Forecasting and Treasury on a financing plan that achieves targeted capitalization structure
Bachelor’s degree in Accounting/Finance/Economics or similar discipline with prior work experience in a Finance organization
Six (6) plus years of increasingly diverse or complex experience in related field in addition to degree
Possesses and applies a comprehensive knowledge of accounting and finance principles, practices, and procedures to complete moderately complex assignments
Proficient using Microsoft products such as Excel, Word, and Power Point
Experience with financial applications (i.e., PeopleSoft FMIS, Power Plant, etc.) and query tool (Business Objects)
Graduate degree in Accounting, Business or related fields
Certified Public Accountant (CPA) or similar certification (or working toward certification)
Knowledge of GAAP
Financial modeling experience
Strong understanding of Duke Energy’s regulated business
Advanced PowerPoint Skills
Excellent analytical and problem solving skills
Advanced Excel skills
Excellent communication and collaboration skills
Well organized and flexible to shifting priorities
Detailed oriented but also strategic thinker
Ability to bring complex details together and articulate the broader impact to the Company
Relocation Assistance Provided (as applicable)No
Visa Sponsored PositionNo
Posting Expiration Date
Tuesday, March 20, 2018
All job postings expire at 12:01 AM on the posting expiration date.
Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.
We are one of the largest electric power holding companies in the United States, supplying and delivering electricity to approximately 7.4 million U.S. customers. We have approximately 52,700 megawatts of electric generating capacity in the Carolinas, the Midwest and Florida – and natural gas distribution services serving more than 1.5 million customers in Ohio, Kentucky, Tennessee and the Carolinas. Our commercial and international businesses own and operate diverse power generation assets in North America and Latin America, including a portfolio of renewable energy assets.
Regardless of your skill set or specific interest, we're looking for the best and brightest talent in the industry. Our people make us great - and we're always looking for more. Find your career path today at Duke Energy, where it's more than a career - it's a chance to make a difference in people's lives.
Duke Energy is an Equal Opportunity Employer and complies with the laws set forth in the Department of Labor EEO Poster and Supplement.