Responsible for JEA's integrated ten-year financial forecast and projection models which are utilized to proper plan JEA's short-term and long-term financial performance in a most effective and efficient manner aligned with the Board approved Pricing Philosophy. Duties include the utilization of complex financial models and output schedules/reports that are part of the annual planning/budget cycle, intermittent major cost of service models, and a variety of financial analyses and forecasts across the utility which are developed on an ad hoc basis. The financial models and analyses are critical as they serve as both the starting foundation and final details or all major financial planning decisions across the organization encompassing the core multi-billion dollar annual revenue requirements.
Develops, maintains, and effectively utilizes JEA's integrated ten-year financial projection models which serve as the foundation for the annual budget development, Rating Agency five-year financial plan, thirty-year generation financial models, and cost of service studies.
Performs ad hoc financial analyses across the organization for major JEA agreements such as, nuclear generation, water quality credit trading, outsource agreements, JEA transfer payments to the COJ.
Prepares financial forecast and projections of JEA?s revenues and revenue requirements, and the impact of potential policy decisions or external factors on the forecasts and projections.
Reconciles as necessary, economics, municipal budget, rate making, GAAP and debt service based methodologies of financial reporting, and produces associated financial analyses, schedules and narratives.
Produces cost of service models to assure sufficient revenues to meet requirements.
Provide input and analysis to support the recommendation of appropriate fuel rate adjustments.
Adhoc system revenue and expense analyses, reports and presentations ? actual and forecast
Technical review and perform the scope of work, duties and responsibilities of the Financial Analyst, Rate Analysts as necessary, and communicate across all levels of the organization.
Work practices must include effective, timely and the utmost accurate production of essential economic and financial analyses with recommendations in both summary and detailed form. Effectively communicate with VP's, CFO, CEO, and City Council Auditors as appropriate. Prepare presentations for CFO, CEO, JEA Board and City Council.
Education: Bachelor's degree in Finance, Accounting, Industrial Engineering, or a related field. CPA, MBA, or Master Degree in a related field is required.
Experience: Eight years to include financial modeling, analysis, and forecasting, business planning, contract review, regulatory filings, preferably in a municipal utility environment with an understanding of utility revenue and expense structure. Must have exceptional analytical and communication skills.
License/certifications/registrations: A valid driver's license is required prior to appointment and must be maintained during employment.