Senior Utility Financial Analyst/GWP

The Position

Under the direction of senior management, this mid-management position conducts complex and specialized rate studies to develop and implement applicable electric and water regulations and rate making policies.

Essential functions of the job include, but are not limited to, the following:

Ensures Department services are provided with exceptional customer service and the highest level of ethical standards.

Communicates with a wide range of utility management, including accounting staff on a variety of issues.

Develops tools and procedures to track and reconcile settlement and billing requirements; performs on-going reviews of settlement and billing processes to identify corrective actions and measures if needed.

Develops, administers and monitors financial models for purchased power and water supply costs; assists in developing forecasts of department revenues, expenses and fund balances.

Initiates, resolves, and reconciles payments or invoicing of wholesale energy related obligations including compiling, verifying and transmitting settlement quality transaction information; filing disputes in a timely manner; verifying and confirming volumes, charges, and contract compliance.

Maintains accurate invoice and settlement data records and reports for operations, contract administration, budget preparation, and audits.

Develops Electric and Water cost of service studies.

Prepares cash flow analysis, financial reports, annual reports and statistics, planning models and other analysis to assist in short and long-term financial planning for Glendale Water & Power.

Prepares and analyzes materials related to electric and water rates and fees.

Prepares annual reports.

Produces revenue requirement studies.

Conducts surveys to determine rate competitiveness and equity.

Conducts and/or participates in meetings to discuss systems issues and development requirements; recommends new systems and/or enhancements.

Participates in the research, development and preparation of the assigned budget; monitors assigned budgets; compiles, maintains and reports budget expenditures, participates in budget presentations; documents, develops, recommends, and implements budget process improvements systems and tools.

Prepares financial analysis used in the issuance of debt.

Assists in the preparation of financial materials required by bond rating agencies.

Prepares financial and economic studies for Glendale Water & Power; assists in or prepares, presents and monitors the Department's budget and five-year capital improvement programs.

Provides a variety of accounting and reporting functions related to CAISO obligations and/or obligations under contracts, agreements, policies and procedures administered by the utility.

Researches and analyzes department policies and procedures; recommends revisions and/or new policies and procedures as warranted; presents recommendations both orally and in written format to appropriate management staff.

Assumes responsibility for ensuring the duties of the position are performed in a safe efficient manner.

Performs other related duties as assigned or as the situation requires.

Drives on City business.

Minimum Requirements

Experience
Four years of experience in one or more of the following areas: budget preparation, financial analysis, cash flow modeling, electric and water rate development, energy risk, and transaction analysis.

Previous experience working in a public utility highly desirable.

Education/Training
Bachelor's Degree in Finance, Accounting, Economics, Business Administration, Public Administration or a related field.

License(s)/Certification(s)
Valid Class C California driver's license.

Knowledge, Skills & Abilities

Knowledge of:

Benchmarking and performance measurements.

City and Department policies and procedures.

Complex spreadsheets and database applications.

Effective training practices.

English grammar usage, spelling, punctuation, and business vocabulary.
FERC, CPUC and CAISO reporting requirements.

Financial planning, analysis, and statistical and economic analysis.

Generally accepted accounting principles and fund accounting.

Methods of cost allocation.

Pertinent federal, state, and local laws, rules, codes, and ordinances.

Principles of municipal budget preparation and control.

Skill in:

Effective oral and written communications, both on a one-on-one and a group basis.

Making independent judgments and decisions based on standard policy or procedure.

Ability to:

Provide exceptional customer service to those using Glendale Water & Power services.
Analyze and interpret rate schedules of other utilities.

Apply administrative principles and techniques to resolve various management concerns.

Assist and or conduct electric and water cost of service studies.

Assist and/or effectively evaluate and develop cost benefit recommendations and implementation plans.

Collect, compile and analyze data and information.

Forecast and develop models which simulate complex financial activities.

Maintain pro forma forecasting models

Model and practice the highest standards of ethical conduct.

Operate effectively and independently with managers in other departments, representatives from external agencies and contractors/consultants.

Prepare accurate financial reports.

Prepare and maintain disaster response and disaster recovery plans.

Prepare and monitor budgets.

Prepare complete and concise reports.

Read, write, communicate effectively and comprehend directions in English.

Understand legal contractual and lease documents.

Other Characteristics

Willingness to:

Assume responsibility for maintaining a safe working environment.
Work the necessary hours and times to complete goals, tasks, and objectives.

Promotional Eligibility

Any City of Glendale employee who meets the minimum qualifications for this position, has completed probation or six months of City employment, and is occupying a permanent full-time classification on file in the Human Resources Department. Hourly City employees may be considered, provided that they furnish proof of continuous employment immediately preceding the final filing date, which would equal a minimum of six months of full-time service or 1040 part-time hours. (Civil Service Rule VIII 4-E).

Note

An equivalent combination of experience, education and/or training may substitute for the listed minimum requirements.

Exceptional Customer Service Policy
The City of Glendale places a high importance on quality customer service and prides itself for the high level of services it provides by every employee of the organization. As employees of the City of Glendale, we are committed to providing our diverse community and each other with courteous, considerate, and personal attention.

Please click on the link to read the Exceptional Customer Service Policy .

Selection Process

EVALUATION OF APPLICATION: Submitted application will be reviewed to ensure applicants meet the minimum requirements. All qualifying applicants will be invited to participate in the selection process.

ORAL INTERVIEW: (Weight of 100%) To evaluate the applicant's experience, education, and general background for the position. Candidates must achieve a minimum score of 70.00% in order to be placed on the eligible list.

TIME AND PLACE OF THE EXAMINATION WILL BE ANNOUNCED. The City of Glendale reserves the right to modify the above stated examination components and/or weights. Should this be necessary, the candidates will be notified of the specific examination components and weights prior to the administration of any examination. T he selected candidate will be subjected to a background check including Livescan fingerprinting. The City of Glendale conforms with State and Federal obligations to make reasonable accommodation for applicants and employees with disabilities. The Human Resources Department asks that it be advised of special needs at least five days prior to the first test part so that a reasonable accommodation may be made. The provisions of this bulletin do not constitute an express or implied contract. In compliance with the Immigration Reform and Control Act of 1986, the City of Glendale requires that all new employees provide documentation to establish both work authorization and identity.

The City of Glendale offers a comprehensive benefit package including vacation, holiday, and sick leave as well as medical, dental, vision, life, and long-term disability insurance.

The above listed benefits apply to full-time, salaried positions only.

Closing Date/Time: 4/26/2024 11:59 PM Pacific

6,269

Glendale, California United States View Map