Job Description
The Lansing Board of Water & Light has an opening for a
Financial Analyst I - II located in Lansing, MI.
Job Type: Full-Time
Starting Salary Range: FA I: $66,927 - $79,643. / FA II: $82,628. - $99,938. Position Summary: A Financial Analyst in the Finance & Planning department supports the company's business units by continually providing the tools, knowledge, and thought leadership needed for consistent and effective decision making. As a valued partner and contributor in all strategic and everyday business decisions, a Financial Analyst performs supporting duties centered around cash & investment management, bond issuance & compliance, financial planning & analysis (FP&A), revenue forecasting, and rate making. This position will support activities surrounding financial reporting, tax compliance, accounting and consolidations and cash management planning efforts.
Essential Functions: The Finance & Planning department performs a wide range of duties as noted below. With guidance from others on the team and from supervision, a Financial Analyst shares in performing some of the supporting duties of the department. A Financial Analyst conducts duties primarily in a support role and may be engaged in two or more areas below.
- Cash & Investment Management
- Bond Issuance & Compliance
- Financial Planning & Analysis (FP&A)
- Revenue Forecasting
- Rate Making
- Expected to comply with all BWL policies and work rules.
- Predictable and reliable attendance.
- Other duties as assigned by supervisor.
Job Specifications: Required: - This position requires knowledge equivalent to that which normally would be acquired through a bachelor's degree in finance, Accounting or Business Administration, or equivalent combination of education and experience.
- Experience with
- Corporate budget development.
- Corporate budget and forecast development, monthly financial reporting, and variance analysis.
- Cash management, bond issuance & compliance.
- Utility rate making and revenue development.
- Business process improvement, identify and implement new ideas to day-to-day operations.
- Familiarity with accounting and financial software systems.
- Knowledge of MS Office Suite, including Power BI, Outlook, Teams, advanced Excel, and PowerPoint.
- Strong oral and written communication skills.
Preferred: - Master's degree in finance, accounting, business administration, or related field.
- Understanding of the business, end-markets, competitive environment, industry peer group and general economic conditions that impact the company.
- Knowledge of GAAP and GASB.
- Experience with SAP-ECC financial software and BPC budgeting software.
Additional Requirements based on level:
FA I Starting Salary Range: $66,927 - $79,643. - This position requires a minimum of one year of professional experience in finance, accounting, or related field.
FA II Starting Salary Range: $82,628. - $99,938. - This position requires a minimum of three years of professional experience in finance, accounting, or related field.
- Knowledge of GAAP and GASB.
- Understanding of the strategy, drivers, metrics, and data elements of the company.
- Ability to apply financial and economic concepts, including financial modeling, economic analysis, cash flow (DCF), contribution margin, balance sheet analysis, financial ratios, alignment to KPIs, NPV/IRR, cost of capital, market analysis, and strategic analysis.
Physical Requirements / Working Conditions: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions .
Must be able to remain in a stationary position for the majority of the working day. The person in this position needs to move about inside the office environment. Constantly operates a computer and other office equipment. Ability to adjust focus, especially due to concentration on a computer screen. Must communicate frequently with other departments and employees both verbally and in writing. May need to lift and carry up to 30 pounds and/or position the body to reach items on the floor/ below the knee level or reach above head. On occasion, may need to use stairs.
Works in temperature-controlled office environment, with occasional work in outdoor weather conditions, and in industrial environments.
Why Should You Apply?- Competitive salary, employee development, and opportunity for professional growth.
- Robust time off benefits including vacation, free choice, sick leave, and paid holidays.
- Comprehensive benefits package including medical, prescription, dental, life insurance, long-term disability, and employee assistance program.
- Retirement programs including 401a (100% company paid up to 13% of base salary), 457 match up to $2,500 per year, retiree medical.
- Voluntary benefits including supplemental and dependent life insurance, vision, flexible spending, AFLAC options, LifeLock anti-theft, long term care, tuition reimbursement, HOPE loan.
About BWL: The Board of Water & Light serves Lansing, Michigan, and surrounding areas with electricity, water, and steam. Lansing's city charter vests the BWL with full and exclusive management of water, steam, and electric services for or the city. The American Public Power Association has honored the Lansing Board of Water & Light as one of the country's best publicly owned utilities.
The Location: Lansing, MI provides the opportunity to enjoy all seasons of fun and beauty. With the Grand River open for kayaking, lush golf courses, 17+ miles of trails for biking/hiking/running, Potter Park Zoo, and the sports, the arts and fine foods that comes from being near a major University, Michigan State University, there is a spot for everyone. The area is a short drive from Lake Michigan's shoreline where there is views of natural beauty, boating, fishing, and windsurfing.
THE BOARD OF WATER & LIGHT IS AN EQUAL OPPORTUNITY EMPLOYER
Job Tags
Holiday work, Full time, Temporary work, Outdoor, Flexible hours,