Role and Scope of Position:
This position is responsible for the accounting and financial reporting activities related to specific Operations areas. Designs and builds financial models to accurately forecast projected O&M and Capital spending. Works with field operations management to develop operating budgets and takes the lead in providing monthly variance analysis required to effectively monitor spending. Monitors operating area spending to ensure correct accounting of charges. Maintains active two-way communications with the Corporate Controller’s Group. Works closely with Performance Management to analyze and report on key financial and operating targets throughout the year. Designs, modifies and streamlines Operations’ financial processes and practices for maximum efficiency.
This position directly supervises union represented workforce, including Checking Clerks and Operations Office Administrators. This position is also responsible for the oversight, standardization and best practice implementation for Operations administrative functions including payroll processing, estimation and monitoring of labor and materials costs, and invoicing.
Performs highly complex financial/economic analysis and develops and coordinates criteria, plans, methods and techniques for performing financial analysis projects.
Prepares cost/benefit analysis for major spending decisions. Develops or modifies financial systems and models related to budgets or forecasts.
Assists in the preparation of Operations budget forecasts and expenditures. Analyzes budget, reports and forecasts and prepares variance analysis, as necessary.
Works with field operations management to ensure budget goals, targets and results are understood. Ensures consistent application of budget and accounting practices.
Develops and evaluates goals working closely with Performance Management.
Provides statistics for short and long term forecasting.
Assigns and directs work of lower level Research Analysts.
Interacts with personnel of all levels within and outside the organization including senior management, various corporate organizations and external financial, legal and regulatory communities in order to complete interdepartmental projects.
Makes presentations to upper level management, as requested.
Serves as liaison for Operations with Finance & Accounting, Budgeting & Forecasting, Strategic and Long Range Planning Groups.
Oversees, standardizes and improves Operations administrative functions.
Oversees the management and development of Operations administrative staff. Assesses the need for, and oversees implementation of, programs to ensure employees possess technical and behavioral skills required to support operating plans. Manages, selects, coaches and develops area staff.
Technical Knowledge/Skill: Requires demonstrated skill in financial analysis, managing operating budgets and operating plans, and working cross functionally. Requires superior spreadsheet modeling and database skills and basic understanding of accounting and work management system applications. Ability to use PC desktop applications (e.g., Access and Excel).
Education : Requires a Bachelor’s Degree in Finance, Accounting, Economics, Business Administration, related discipline or equivalent experience. Master’s Degree in Economics/Statistics or MBA preferred.
Experience : Minimum of five (5) years related experience for Senior Supervisor position, including leadership/supervisory experience.
We are proud to be an equal opportunity employer and support a diversified environment. It is the policy and practice of NSTAR Electric & Gas to employ persons and to assign work, pay, promote and offer training to all persons on the same basis without regard to race, color, national origin, ancestry, religion, marital status, age, sex, sexual orientation, disability, status as a special disabled veteran or veteran.
NSTAR - 16 months ago
NSTAR Electric plays a starring role in bringing electric power to Boston. The company's electric transmission and distribution utility...