Financial Analyst

  • Location: Rosemead, California
  • Type: Contract
  • Job #76700

An energy and utilities client is looking for a Financial Analyst who will be responsible for developing, guiding, and supporting the financial analysis requirements of operational management. 

Location: Rosemead, CA 91770
Position: Financial Analyst
Pay: $37/hr. on W2
Duration: 12 months or longer
Schedule: Mon-Fri, 8am to 5pm

Hybrid position in the office 2 days a week (Tue, Wed), option to work remote the other 3 days of the week

Responsibilities:

  • Managing a lot of different collateral – cash, credits, escrow etc. – $2-3B worth of financials processing Working and supporting internal Operations units Administrative requests & administrative edits, amendments, processing Usages of CRA – credit risk system Processing financial mail , scanning, filing documenting.
  • Reviewing the language and financials via mail bumping up against internal systems Risk operations – providing operations support In support of market calculations reconciling Processing Clearing house statements Special projects and assignments as needed
  • Run daily margin reconciliation with clearing statement
  • Process credit exposure calculations and send out margin call notices as appropriate
  • Upload daily and monthly spot prices into system of record
  • Process, administer, and manage all collateral instruments to support procurement activities across Energy Procurement & Management, Transmission & Distribution, Operational Services, and Customer Services operating units
  • Run daily trade confirmations process
  • Duties include analysis of actual costs, preparation of monthly revenue recognition and revenue forecasts.
  • 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.

Required Skills/Attributes:

  • Bachelor’s Degree in Accounting or equivalent studies or equivalent experience in finance/accounting field
  • 3-5 years’ experience in financial planning and analysis required.
  • SAP exp
  • Proficient within excel, pivot tables, VLOOKUPs Importing data Data management , internal and external data Running reports Exp with query's
  • Working 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.
  • Candidate must demonstrate an ability to analyze, explain and draw logical conclusions from data.
  • Good written and verbal communications are required.
  • Someone with a can do attitude
  • Open to continuous coaching & feedback
  • Someone who can manage time effectively to meet operations deadlines Multitasking Tight deadlines Help with processing payments Attending margin calls

Desired skills:

  • Experience with energy contracts, risk management related to energy procurement, or the CAISO market
  • Experience with macros and database queries
  • Experience with SAP
  • Knowledge of accounting processes and procedures
  • Knowledge of Endur or other commodity trading systems

About our Client:
Our client is the primary electricity supply company for much of Southern California.

About APR:
Since 1980 APR Consulting, Inc. has provided professional recruiting and contingent workforce solutions to a diverse mix of clients, industries, and skill sets nationwide.
 
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
 
Don't miss out on this amazing opportunity! If you feel your experience is the match for this position please apply today and join our team. We look forward to working with you!

#SLA
 

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About APR Consulting
APR Consulting, Inc., is one of the most trusted talent acquisition and workforce solutions providers in the United States. Known for exceptional responsiveness, agile strategies, and consistently high-level talent, the firm has become a go-to for organizations and managed services providers navigating complex change and urgent challenges. Since its founding in 1980, APR has transformed from a California IT-focused staffing firm to a full-service solutions provider filling a wide range of positions and serving over eight industries — including aerospace and defense, healthcare, IT, telecom, hospitality/gaming, sports/entertainment, government, and utilities –– in all 50 states, with a loyal roster of more than 850 specialized professionals.