WaterOne

  • Financial Analyst

    Job Locations US-KS-Lenexa
    Posted Date 4 days ago(10/11/2018 2:03 PM)
    ID
    2018-1304
    # of Openings
    1
    Category
    Accounting/Finance
  • Overview

    WaterOne is an independent public water utility. We’ve been proudly serving the Johnson County, Kansas area since 1957. Every day, nearly 425,000 customers rely on WaterOne to provide fresh, clean water on demand. It’s a responsibility we deliver on. 

     

    Our passion is water because water touches everything we care about: family, health, safety, and community. We serve our community by bringing award-winning water to their homes, businesses, and public places.

     

    Summary/Objective

     

    The purpose of this position is to develop and monitor short-term budgets and long-term financial plans to accomplish the financial goals and objectives of WaterOne.  This position will maintain sophisticated spreadsheet based financial models used in annual budgeting, cash flow planning, long-term capital financing, capital expenditure reporting, and the development of cost of service based rates and fees.  This position will use technical and analytical skills to help provide information for and make recommendations to the Manager-Financial Planning and Analysis and Director-Finance for their use in making financial decisions. This position may, along with other Finance staff, assist in the process of issuing tax-exempt bonds.  This position supports the cash and investments function by evaluating and executing short term investment strategies, preparing monthly portfolio analysis and financial reporting, and completing special treasury and banking related projects as needed.

     

    Customer Service Commitment

     

    WaterOne employees shall continuously strive to meet or exceed the expectations of both their internal and external customers.  Questions and concerns shall be acknowledged on the same day whenever possible, but no later than the next business day.  Issues shall be resolved as promptly as possible, with the goal of maximizing customer satisfaction.

     

    **Please note: WaterOne will consider candidates that exceed the qualifications below and slot them in the appropriate level of the position based on their qualifications.

    Responsibilities

    Essential Functions

     

    Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

     

    • Assist WaterOne divisions with annual operating and maintenance expense budget and annual capital budget as well as five-year capital planning.
    • Aid WaterOne divisions with analysis related to new personnel requests in the annual budget and five-year personnel plan.
    • Update the Master Plan Capital Fund and Transmission & Distribution Capital Fund models and complete the corresponding monthly financial reporting.
    • Complete a monthly budget versus actual variance analysis for operating and maintenance expenses as well as annual capital projects.
    • Review and analyze historical financial information and financial statements including ratio analysis.
    • Maintain complex financial planning models including cost of service models.
    • Utilize data from an Enterprise Resource Planning (ERP) system as well as other databases to perform basic analysis using statistical methods.
    • Assist in the development of capital budgeting analysis including the calculation of net present value, internal rate of return, payback period, and discounted payback period.
    • Assist in developing written and oral presentations of financial and related operational data used by management to make financial decisions.
    • Support other finance staff in project management and execution.
    • Assist in providing information used to issue new and refund existing tax-exempt bonds.
    • Monitor cash balances and project future cash flows to insure adequate funds for daily operational needs of WaterOne.
    • Purchase temporary investments, in accordance with WaterOne’s investment policy including calculating investment costs and related yields.
    • Assist in the planning and investing of proceeds from bond sales.
    • Complete fund transfers as needed.
    • Complete documentation necessary for recording ownership of investments by fund, calculating monthly investment income by fund and preparing supporting documentation for accounting entries to the investment sub ledgers.

     

    Other Duties

     

    • Performs other duties as assigned.

    Qualifications

    Required Education, Skills & Experience

     

    • Bachelor’s Degree with a major in Finance, Accounting, Economics, Statistics, or related field acceptable to management.
    • Excellent written and oral communication skills. Must be a good listener.
    • Knowledge of PC based applications including Microsoft Excel, Word, Outlook, Power Point, and Access.
    • Project management skills whether working independently or in a team environment.
    • Must be able to develop effective working relationships with employees at all levels of the organization, and with peers in other public-sector organizations.
    • Must be organized, able to set priorities, and work on several projects concurrently.
    • Requires an inquisitive, creative self-starter, who consistently exercises good judgment and responds well to occasional emergencies.
    • Must be results oriented and willing to invest the time as necessary to achieve organizational objectives.
    • Have excellent analytical skills and a strong aptitude for detail.
    • Must pass a post-offer medical exam, including drug screen and background investigation (may not apply to current employees).

     

    Preferred Education, Skills & Experience

     

    • Financial work experience preferably in a utility environment.
    • Experience with Enterprise Resource Planning (ERP) systems such as SAP.
    • FP&A, CPFO, CPA, CMA, or similar certification acceptable to management.
    • Master’s Degree in Finance, Accounting, Economics, Statistics, or related field.

     

    Position Competencies

     

    In addition to organizational competencies, these key competencies are expected to be demonstrated by each employee in this position:

     

    • Interpersonal Skills - create and maintain positive working relationships with peers and management
    • Effective Communication – develop and deliver oral and written communications that convey a clear understanding of the unique needs of different audiences
    • Financial Acumen – interpret and apply an understanding of key financial indicators to make better business decisions
    • Analysis/Reasoning – examine data to grasp issues, draw conclusions, and solve problems
    • Problem Solving – resolve difficult or complex challenges

     

    Physical Requirements

     

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

     

    While performing the duties of this job, the employee may occasionally lift/or move up to 20 pounds. The employee must be able to use a computer for five hours a day. The employee must be able to move occasionally from one location to another or be able to remain in a stationary position for up to several hours a day. The employee must be able to use office productivity equipment such as a personal computer, calculator, printer, and copy machine.

     

    Work Environment

     

    The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

     

     

    This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The noise level in the work environment is usually

    moderate.

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