VERMONT ELECTRIC POWER COMPANY, INC.

POSITION OPENING - EXEMPT

The following position is being posted as an invitation to qualified individuals to apply:

JOB TITLE: Project Financial Analyst

REPORTS TO: Donna Kemnitzer – Project Controls Manager

SALARY: Commensurate with Experience

SCOPE AND MAJOR RESPONSIBILITIES:

The Project Financial Analyst is responsible for performing internal financial analysis and monitors budget, schedule and overall forecast constraints for VELCO’s capital projects, billable engagements and maintenance activities. Visit www.velco.com for more information regarding VELCO’s significant projects. S/he is also responsible for working with the Project Estimator, analyzing project costs, developing and maintaining cost information, and supporting project managers in the development of budgets and quarterly forecasts. Additionally, responsibilities include the performance of strategic initiatives and process improvements efforts to support the company’s vision and mission.

1. Develop and implement financial controls for VELCO’s capital transmission project program, billable engagements, as well as, maintenance activities;
2. Monitor, maintain and analyze financial reporting processes to obtain information required to develop comprehensive financial reports, prepare monthly budget performance reports and prepare assets for inclusion in our continuing property records;
3. Actively participate in the financial forecasting process and conduct monthly reconciliations of project forecasts vs. actuals;
4. Identify trends in spend rates, variances to forecasts/budget, and work with project managers to adjust project financial forecasts;
5. Support the development and analysis of project and program of work financial performance metrics;
6. Provide timely and efficient access to cost data and communicate with project managers on a regular basis to discuss project financial performance and recovery plans/re-forecasts as necessary;
7. Collaborate with project managers to develop schedules for projects.
8. Establish integrated reports that track financial and schedule performance vs. forecast and baseline, respectively; and
9. Perform other duties as assigned.

EDUCATION and EXPERIENCE QUALIFICATIONS:

A Bachelor’s degree in Finance, Mathematics, Statistics, Business, Management or related disciplines and 2- 5 years of experience in accounting or project financial controls utilizing budgeting tools and practices to conduct financial reporting, controls and forecasting. Solid understanding of how to integrate project schedule, estimated spend information with actual project costs to evaluate project performance is preferred. In addition, the individual who fulfills this role will require the ability to develop tools and processes that integrate corporate financials with project costs. The ability to manage multiple assignments and produce results in a high demand environment work experience is preferred. A high level proficiency with Microsoft Excel is required. Must be able to communicate technical/financial information effectively with project staff and management personnel and be a detail-oriented, self-starter, with exceptional organizational and analytical skills.

The description above reflects the most specific duties performed but does not exclude the occasional work assignments not mentioned.

If interested and believe that you have the qualifications, apply online or forward your current resume and cover letter to Melissa Hale at careers@velco.com or to 366 Pinnacle Ridge Road, Rutland, VT 05701.