Energy Efficiency Senior Financial Analyst

The Carian Group - Newark, NJ

Full-time - Mid Level

Newark, NJ

Professional, Scientific, and Technical Services

About the position

The Energy Efficiency Senior Financial Analyst / Senior Forecasting Analyst at CARIAN plays a crucial role in supporting energy efficiency programs through financial analysis, forecasting, and investment evaluation. This position requires a deep understanding of financial modeling and analysis, particularly in the context of energy savings and project viability. The analyst will collaborate with various teams to ensure accurate financial reporting and compliance while contributing to the continuous improvement of financial processes.

Responsibilities

• Develop detailed financial models and cost estimates for energy efficiency projects using bottom-up approaches.
• Prepare and maintain accurate financial forecasts to support program planning and budgeting.
• Monitor and adjust forecasts based on program performance and market conditions.
• Analyze energy savings data to evaluate the effectiveness of energy efficiency measures.
• Collaborate with engineering teams to validate energy savings assumptions and ensure accurate reporting.
• Prepare energy savings reports and presentations for clients and stakeholders.
• Conduct investment analysis to assess the financial viability of energy efficiency projects.
• Evaluate project ROI, payback periods, and other financial metrics to support decision-making.
• Provide recommendations on the allocation of resources to optimize program outcomes.
• Prepare comprehensive financial reports, including variance analysis, program performance summaries, and budget reconciliations.
• Ensure compliance with all financial regulations and reporting requirements, particularly those related to utility energy efficiency programs.
• Work with external auditors and regulatory bodies as needed.
• Identify and assess financial risks associated with energy efficiency projects.
• Develop strategies to mitigate risks and ensure program financial stability.
• Monitor financial trends and market conditions to anticipate potential challenges.
• Collaborate closely with program managers, engineers, and external stakeholders to align financial analysis with program goals.
• Present financial findings, forecasts, and recommendations to senior management and clients in a clear and concise manner.
• Support the development of program strategies by providing financial insights and analysis.
• Stay current on industry trends, financial best practices, and emerging technologies in energy efficiency.
• Identify opportunities to improve financial processes, enhance data accuracy, and streamline reporting.
• Contribute to the development of new financial models and tools to support evolving program needs.

Requirements

• Bachelor's degree in Finance, Economics, Engineering, Business, or a related field.
• Minimum of 6 years of experience in financial analysis, forecasting, or a related role, with a focus on the energy or utilities sector.
• Proven experience in bottom-up estimating, energy savings analysis, and investment analysis.
• Proficiency in financial modeling and analysis tools, such as Excel or financial planning software.
• Strong analytical skills and attention to detail.
• Excellent communication and presentation skills.
• Familiarity with utility energy efficiency programs and regulatory environments is highly preferred.
• Ability to collaborate with technical and non-technical teams to achieve common financial goals.
• Ability to work independently in a fast-paced environment while maintaining multiple deadlines.

Benefits

• Comprehensive medical, dental, and vision benefits.
• 401(k) matching.
• Opportunity to work with a growing company.