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Charleston Water System

Senior Financial Analyst 24-104

Charleston Water System, Charleston, South Carolina, United States, 29408


Job Description

Senior Financial Analyst

Job Announcement No:

24-104

Vacant Position(s):

1

Department:

Finance

Applications Accepted through:

Sunday, September 15, 2024.

Salary Range:

$71,177.60 ($34.22/hr) - $110,302.40 ($53.03/hr)

Grade:

111

Hours:

8:00am – 5:00pm

(Flexible)

Position Summary:

This position develops models and employs varied methods of mathematical and statistical analyses to determine the feasibility of proposed financial initiatives. Based on the outcomes of the analysis, this position advises and makes recommendations to senior management regarding the economic, financial and accounting implications of proposed operational strategies or new projects. This position works directly under the Director of Finance.

Essential Functions:

Performs administrative, accounting, financial and mathematical support to aid in planning and directing the financial program.

Analyzes quantitative and qualitative data, as well as interprets related data from multiple sources.

Prepares regular and technical financial studies and reports.

Completes the Monthly Financial Reports and all associated supporting documentation.

Assists and participates with the Executive Officers in preparation of the Revenue Bond documents and presentations for the Commissioners, City Council and the rating agencies.

Assists Executive Officers, Attorneys and Bond Underwriters in development of the Official Statement.

Evaluates and makes recommendations on the mix of debt instruments in new bond issues.

Reviews proposals from investment bankers to determine if the current mixes of variable, fixed and synthetic fixed rate debt instruments provide the best results for the Commission.

Develops and implements methods for financial analysis by utility, forecasting revenues and expenditures.

Participates in the implementation of the Enterprise Resources Planning (ERP) and customer service computer systems as it relates to financial reporting topics including detailed testing of new computer applications and preparation of Users Guides.

Prepares all supporting documentation for the rate analyses and annual updates using a financial Rate Model.

Develops asset valuation (Original & Reproduction Cost Less Depreciation (OCLD & RCLD) analyses utilizing industry cost indices and depreciation methods.

Performs analytical studies as required to study the financial and economic implications of varied business strategies using financial models, interprets results and advises management.

Develops special analyses, studies, surveys, and reports as requested by management.

Develops financial plans and retail rates for major customers.

Develops and researches financial projects.

Develops and maintains policies as required; provides financial technical assistance and troubleshooting to other departments.

Regular attendance is required.

Job performance must conform to all CWS policies and procedures.

Specific knowledge of CWS Environmental Management System Policy and Procedures.

Additional Duties:

Performs other related duties as assigned.

Job Requirements

Physical Requirements, Activities, and Working Conditions:

Sedentary work exerting up to 20 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Objects greater than 50 lbs require a two-person operation.

Ability to effectively use personal computers with printer; telephone; calculator; copy machine; fax machine; two way radio; microfiche with reader and printer; and assigned software.

Ability to express or exchange ideas by means of written and oral communications with internal and external customers and staff.

Ability to identify, reach and handle documents as required to perform the essential job functions and to maintain an accurate record keeping system.

Ability to perform tasks during extended periods while seated or standing.

Education and/or Experience:

Bachelor of Science Degree in Finance, Accounting or Business Administration with a concentration in Accounting or Finance and five (5) years of financial management experience, preferably in the utility industry.

Knowledge of Microsoft Office, rate model software, and statistical software.

Strong understanding of GAAP and finance concepts.

Knowledge of utility accounting practices.

Advanced personal computer skills are required to fully utilize available software.

Knowledge of and strong background in problem solving, using financial theories, mathematics and formulas.

Ability to communicate effectively in oral and written forms.

Prior work record indicating dependability and conscientiousness.

Licenses, Certifications, Registrations:

There are no special designations required for this position.

Training Needs:

OSHA and Departmental safety training as required.

Skills Based Training.

Standard Operating Instruction (SOI) per department requirements.

ISO 14001 standards for department and company.

See Department Competency and Training Matrix for this position.

Potential Career Path:

ELIGIBILITY FOR PROMOTION TO VARIOUS POSITIONS THROUGHOUT THE COMMISSION DEPENDS UPON INDIVIDUAL QUALIFICATIONS, AND NOTED JOB PROGRESSIONS ARE NO GUARANTEE OF CAREER PATH TO THESE OR ANY OTHER JOB(S) AT THE COMMISSION.

Director of Finance

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