Financial Analyst 2 - Apidel Technologies
Rosemead, CA 91770
About the Job
Candidate must have three to five years experience performing analysis including the ability to analyze financial and business related data. Candidate must demonstrate an ability to analyze, explain and draw logical conclusions from data. Good written and verbal communications are required. The financial analyst is responsible for developing, guiding and supporting the financial analysis requirements of operational management. Duties include analysis of actual costs, preparation of monthly revenue recognition and revenue forecasts. The candidate will be responsible for consolidation of individual project data to summarize total operations information, preparation of management reports and any other special analysis required by operational or financial management. Should be able to handle adhoc projects from upper management and corporate, which will be used to make strategic business decisions. Will have to calculate standard cost rates and recommend improvements as necessary. Will be assisting cost center managers in forecasting and budgeting.BS in Business Administration, Accounting Finance or equivalent degree required.3-5 years experience in financial planning and analysis requiredWorking knowledge of financial procedures, techniques and demonstrated analytic capability.knowledge of budgeting, cost rates establishment, business case development and variance analysis Strong oral and written communication skills, the ability to handle multiple tasks simultaneously and advanced knowledge of spreadsheet modeling required.
Tracks exposure and collateral reports in order to manage credit risk
Monitors expiring collateral and coordinates with banks or insurance companies to draw on collateral, when necessary
Processes margin calls with counterparties and clearing firms. Expeditiously resolves margin disputes.
Reviews incoming collateral instruments such as letters of credit, parental guarantees, surety bonds, escrow accounts, and cash for accuracy and processes for approval
Coordinates with banks and others to issue letters of credit when is required to post collateral
Enters all transactions in the credit risk system to ensure accurate recording of all collateral held and posted
Performs variance analysis of Risk Management General Ledger cash accounts for financial and audit purposes
Represents Treasury Operations team at companywide meetings regarding policies and documents
Required Skills/Attributes
Three or more years of experience in an analytical role.
Bachelors Degree or higher in Business, Accounting, Economics or related field
Proficiency with Microsoft Suite applications such as Excel, Word and PowerPoint
Ability to quickly learn software systems
Desired Skills/Attributes
Experience with energy contracts, risk management related to energy procurement, or the CAISO market
Knowledge of accounting processes and procedures
Experience with macros and database queries
Knowledge of Entegrate, Endur, or other commodity trading systems
Experience with SAP or similar enterprise wide ERP system
Strong verbal/written communication and interpersonal skills
Ability to effectively work in a fast-paced environment
Ability to follow Edison Safety protocols and principals