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Analyst Financial Planning/Pricing Principal

Salt River Project

Location:
Position Type:
Rqd Education:
Rqd Experience: 2 - 5 years
Date Posted: September 11, 2022
Reference Code: 933655900

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.

Job Brief

Evaluate and select innovative budgetary concepts which may be used to design budget & financial planning systems. Select methodologies that provide qualitative and quantitative economic and financial analysis for corporate-wide use. May evaluate alternative pricing mechanisms and design innovative electric rates that meet multiple, often conflicting, needs; recover costs; meet financial performance requirements; respond to customer needs, and support SRP's sustainability strategy. May act as expert in electric rate design and testify in rate cases before regulatory bodies. Provide macroeconomic assumptions for final project used in corporate-wide budgeting and review plan. Act as resource for economic data/theory for SRP.

Job Responsibilities
 

  • Act as project leader on projects of major scope and importance in developing and maintaining budget systems, policies and procedures, and/or pricing plans and cost studies that support SRP's financial objectives and serve management's information needs.
  • Define problems, collect data, apply advanced economic and mathematical concepts, establish facts and draw valid conclusions. Work often requires the analysis of large datasets using complex SAP, Excel, MIDAS or SAS modeling.
  • Recommend solutions to new and complex problems, develop innovative strategies, quantify the competitive performance of the organization's operations and/or markets, and evaluate the potential impact of changes.
  • Develop financial objectives and policies for corporate-wide dissemination.
  • Develop financial analyses, models, and systems based on complex operational, economic, market and internal data to develop financial scenarios, plans, and budgets, and to quantify and report SRP financial performance.
  • Coordinate the prioritization of competing capital project proposals.
  • Assess the financial impacts of capital and operating expenditures.
  • May produce microeconomic studies and analyses for planning and control; Cost of capital; Hurdle rate; Labor, Fuel, Capital, Generation, Transmission and Distribution economics.
  • May design innovative improvements and direct these changes in the historical cost allocation study and the marginal cost study for standard electric rate adjustments. Prepare complete cost and financial analyses for other purposes.
  • May develop rate goals and design and act as project leader in the rate adjustment process. Analyze company revenue requirements in relation to corporate rate and financial goals.
  • May evaluate and recommend changes in administering regulatory and legal requirements for standard adjustments, for fuel and environmental project adjustments, and for special contracts when rate or price related.
  • Improve methodologies for use in forecasting electric revenues, including fuel escalator and sales taxes, given load forecasts, for inclusion in the corporate budget and financial plan.
  • Analyze impacts of change and proposed changed in government policies and legislation.
  • Provide training and assistance in budget preparation and use of SAP.



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  • Education

    Completion of a Bachelor's Degree from an accredited institution plus an additional 18 graduate level college credits in an area of specialty.

    Experience

    10 years of analytical experience of increasing depth in finance, economics, engineering, mathematics, or related fields.

    Additional Information



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  • Ability to perform multiple, non-routine assignments concurrently under stress and restricted time frames.
  • Ability to provide accurate, timely and concrete analysis and recommendations to GM Staff and SRP Board.
  • Advanced knowledge of marginal and embedded costing techniques and pricing theory.
  • Advanced knowledge of alternative budgeting systems.
  • Ability to get along with all levels of employees within SRP and excellent oral and written communication skills.
  • Advanced knowledge of electric utility economics, operations, and practices.
  • Knowledge of SRP's corporate strategies and philosophies.
  • Ability to program in SAS and/or SQL; strong excel skills.
  • Ability to plan and to carry out research projects.
  • Ability to plan, coordinate and write publications.
  • Ability to write and to speak in front of large groups in a composed, clear, and concise, manner, including group training.
  • Ability to represent SRP in industry organizations in areas of expertise.
  • Ability to analyze utility costs and prices using state-of-the-art techniques.
  • Ability to be a recognized advisor in areas of specialty.



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  • Requisition Details

    Requisition ID: 14778

    Hybrid Workplace

    SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona. We are taking steps to protect the health and well-being of all team members, and by following a number of health and safety protocols, to reduce the risk of the coronavirus (COVID-19).

    Equal Opportunity Employer Statement

    Salt River Project (SRP) recognizes diversity and inclusion as key drivers of innovation and growth, and seeks to attract a diverse employee base that reflects our community. We are committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status or any other protected status under applicable federal, state or local law. Ultimately, SRP aspires to fully apply the power of diversity and inclusion to build a more equitable and sustainable future for our customers, employees and community.

    Drug/Alcohol Policy Statement

    In order to promote the safety and well-being of our employees, customers and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.

    All candidates must be legally authorized to work in the United States.
    Currently, SRP does not sponsor H1B visas.

    Why Work at SRP

    SRP's success is rooted in our employees' happiness, health and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:

    • 401(k) plan with employer matching
    • Retirement pension
    • Paid vacation
    • Parental leave
    • Holiday pay
    • Sick leave
    • Medical, vision, dental and life insurance
    • Wellness programs
    • Pre-tax benefits
    • Short and long-term disability plans
    • Tuition assistance

    Nearest Major Market: Phoenix
About this Employer‍

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.