Budget and Forecasting Analyst I, II, III, or Senior

Job Description

The Senior Budget and Forecasting Analyst is a strategic financial expert responsible for leading enterprise-wide forecasting and budgeting initiatives. This role designs and optimizes forecasting systems, conducts high-level financial analysis, and advises senior leadership. The Senior Analyst mentors' junior analysts, leads cross-functional projects, and ensures alignment between financial forecasts and organizational strategy. This position demands exceptional analytical acumen, leadership, and a deep understanding of utility industry dynamics.

• Those with less experience will be hired at the Budget and Forecasting Analyst I, II, or III job grade level, as appropriate.

Note:
There is one position available and the position will be filled at one of four job grade levels: Budget and Forecasting Analyst I, job grade 7; Budget and Forecasting Analyst II, job grade 8, Budget and Forecasting Analyst III, job grade 9; or Senior Budget and Forecasting Analyst, job grade 10. This decision will be based on the qualifications and experience of the candidate selected, and Tri-State business needs at the time of hire.

Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes:
Medical Insurance, Dental Insurance, Vision Insurance, Health Savings Account (HSA), Flexible Spending Accounts (FSA), Tuition Reimbursement, Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 40%, Life Insurance, 401K, Long Term Disability (LTD), Short Term Disability (STD), Employee Assistant Program (EAP) and Paid Leave Benefits.

Senior Budget and Forecasting Analyst
Hiring Salary Range: $113,000-143,000
Budget and Forecasting Analyst III
Hiring Salary Range: $101,000-$128,000
Budget and Forecasting Analyst II
Hiring Salary Range: $91,000-$114,000
Budget and Forecasting Analyst I
Hiring Salary Range: $82,000-$102,000

Actual compensation offer to candidate may vary outside of the posted hiring salary range based upon work experience, education, and/or skill level.

Responsibilities

• Lead the development and refinement of financial forecasts, including balance sheet, income statement, and cash flow projections
• Design, enhance, and maintain forecasting models and tools
• Facilitate monthly reporting processes, including variance analysis
• Compile, organize and communicate results for monthly, quarterly, and annual reports and presentations
• Drive quality assurance on data inputs and outputs
• Maintain and enhance documentation and procedures for the forecasting systems
• Drive process improvements
• Lead information gathering sessions with cross-functional teams to ensure forecast data integrity
• Perform trend analysis to inform forecasting assumptions
• Maintain the FERC chart of accounts within the forecasting system
• Process, analyze, and validate forecasting application inputs and outputs
• Facilitate monthly meetings with internal stakeholders to discuss forecast adjustments
• Participate in monthly informational meetings and prepare summaries for management
• Support budget manager with budgeting and forecasting duties, including assistance with data compilation, analysis, and present findings to senior management
• Lead forecasting application troubleshooting, maintenance, and enhancement projects
• Provide technical guidance and mentorship to junior analysts, providing a culture of continuous learning and analytical excellence
• Participate in ad hoc analytical requests and special projects as assigned
• Because Tri-State is an electric utility with continuous service obligations to its customers, regular, reliable, and predictable performance of the essential functions and responsibilities is an essential function of the job.
• Because Tri-State has an obligation to provide continuous, reliable electric service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job.

NONESSENTIAL FUNCTIONS

• Perform other related duties as assigned.

SUCCESS FACTORS/JOB COMPETENCIES:

• Planning: ability to think ahead and plan within timelines and resources; develop scopes, plan, and schedule work; set priorities and goals; anticipate and adjust for problems; evaluate workloads; measure and evaluate performance against established goals.
• Time management: ability to successfully plan and implement objectives within established timelines and work schedules.
• Ability to analyze problems and develop effective solutions at both strategic and functional levels.
• Demonstrate behavior consistent with company values.
• Excellent interpersonal and communication skills.
• Continuously deliver timely and accurate reports and analysis, and demonstrate continuous improvement
• Strong team player - accomplishes tasks by working with others and being a good team player. Recognizes how his/her decisions may affect others; seeks input from others.
• Computer proficiency in operating a personal computer and standard business office applications including Microsoft Office suite, databases, and other related applications.
• Ability to work independently, with minimal direction as a highly motivated self-starter.

Qualifications

Education and Training:

• BS/BA Accounting, Finance, Economics, or an equivalent combination of experience and/or education.

Knowledge, Skills, and Ability:

• Working knowledge of computers, computerized accounting systems, forecasting tools, Excel, Word, PowerPoint, Outlook, Microsoft Teams and other software.
• General knowledge of generally accepted accounting principles
• Ability to communicate effectively, both verbal and written.
• Ability to effectively organize and manage meetings.
• Ability to maintain confidentiality.
• Ability to perform detailed work with a high degree of accuracy in a timely manner.
• Must be very well organized and able to manage time effectively in a deadline driven environment.

Other:

• Must be able to demonstrate that he/she can perform all the essential functions of the position.
• Willingness to work overtime as required.
• Willingness to travel as required.

DESIRED JOB QUALIFICATIONS

• Knowledge of Oracle forecasting products is desirable.
• General knowledge of electric and cooperative utilities operations.
• Knowledge of electric utility accounting.