Principal Financial Analyst

$83,200 - $87,360/Yr

American Water - Camden, NJ

Full-time - Senior

Camden, NJ

5,001-10,000 employees

Utilities

About the position

The Principal Financial Analyst at American Water is a senior-level role responsible for developing strategic financial recommendations, ensuring accurate financial reporting, and providing insights that influence key business decisions related to regulated revenues. This position involves collaboration with cross-functional teams to optimize revenue planning and support business growth, focusing on budgeting, forecasting, analysis, and compliance with accounting standards.

Responsibilities

• Lead revenue analysis, forecasting, trend analysis, and variance reporting.
• Develop and maintain complex revenue and financial models using regression analysis and/or other statistical methods.
• Analyze customer and usage data to identify revenue opportunities and track KPIs.
• Manage the preparation and presentation of revenue reports for internal stakeholders.
• Support business planning and budgeting efforts with revenue projections and analysis.
• Identify and recommend process improvements for revenue reporting and forecasting accuracy.
• Serve as a subject matter expert in revenue-related matters.
• Provide analytical support to management, including ad-hoc reporting.
• Collaborate with Operational Finance teams and other stakeholders to analyze results.

Requirements

• Bachelor's degree in finance, accounting, business, or a closely related field.
• 6-8 years of relevant FP&A experience.
• Proficiency in financial modeling, data analysis, and forecasting techniques.
• Advanced skills in Microsoft Excel and PowerPoint.
• Strong understanding of US Generally Accepted Accounting Principles (GAAP).
• Excellent communication skills for presenting financial information to non-financial stakeholders.

Nice-to-haves

• MBA, MS-Econ, CPA, CFA or advanced degree(s)/certification(s).
• Broad knowledge of SAP ERP and Hyperion/Oracle Financial Planning systems.
• Detailed understanding of the regulatory environment and utility regulations.

Benefits

• Health insurance
• Opportunities for career development and growth
• Competitive salary package