Senior Utility Financial Analyst/GWP - City of Glendale, CA

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.

 

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.

 

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.

Job Type: Salaried - Full-time

Agency: Glendale Water & Power Department