Mgr Financial Planning and Analysis

Title: Mgr Financial Planning and Analysis
Company: Tampa Electric Company
Location: Midtown East Tower
State and City: Florida - Tampa

POSITION CONCEPT

The Mgr Financial Planning and Analysis ("FP&A") will play a critical role in executing the company's financial strategy and performance. Responsible for overseeing the budgeting, short- and long-term forecasting, and financial analysis processes to support decision-making and ensure the company's financial integrity. Uses strong background in finance, excellent analytical skills, and experience in the utility industry. Ensures compliance with regulatory filings, including testimony, rate cases, and compliance filings. Manage continued process improvement of complex financial models and tools. Provides leadership and support to the FP&A team.

PRIMARY DUTIES AND RESPONSIBILITIES

• Short-term Forecast: Manage the annual budget and periodic forecasts of Tampa Electric and TECO Energy. This includes management of a three-statement financial model (i.e., Income Statement, Balance Sheet, and Cash Flows). Collaborate in cross functional teams across the organization to ensure accurate and timely completion of deliverables. Oversee the preparation of presentations to Tampa Electric Officer team, the Board of Directors, and Key Stakeholders. Lead the preparation of scenario analysis that address the financial impacts of strategic decision on the short-term forecasts.
• Long-term forecast: Manage the annual 5-year financial forecast for Tampa Electric and TECO Energy. Responsible for managing the preparation of a 5-year three statement model (i.e., Income Statement, Balance Sheet, and Cash Flows), as well as regulatory surveillance reports including rate base, net operating income, rate of return, return on equity, etc. Collaborate with the Tampa Electric Company Business Planning, Capital Planning, Regulatory, and Tax teams, and other impacted constituents for the accurate and timely completion of the long-term forecasts. Manage the preparation of long-term forecast presentations to Senior Leadership, Officers, and Key Stakeholders. Manage the preparation of scenario analysis or long-term forecast updates throughout the year in support of key strategic decision-making.
• Ad hoc, competitor, and industry trend analysis: Manage the preparation of ad hoc analysis to support key strategic decision making of Officers and other senior leaders, including but not limited to, budget to actual, period over period comparisons, historical trends, and the impact of changes in forecast assumptions on financial Key Performance Indicators ("KPIs"). Assist in the preparation of ad hoc analysis for key stakeholders and Emera Investor Relations in support of credit and investment analyst requests. Perform research on industry and competitor trends, benchmark our financial KPIs against peers and perform analysis of the main drivers impacting differences in financial KPIs.
• Project Financial Analysis: Work in cross-function teams and manage and/or prepare the financial analysis of projects proposed as part of strategic analysis and the completion of the long-term financial plan, and ad hoc projects such as acquisitions or asset investment/ownership opportunities, includes development of the analysis of earnings, cash flow, ROE, regulatory recovery, and impact on customer rates.
• Regulatory Support: Partner with regulatory affairs in support of regulatory filings, including testimony, rate cases, and compliance filings (e.g., FERC and FPSC filings).
• System and Tool Development: Manage continued process improvement of complex financial models and tools. Propose areas for process improvement, including but not limited to technology solutions that support process improvement, development of dashboards for improvement timely and accurate communication of KPIs. Support development or upgrade of company-wide SAP, EPM and PowerPlan budgeting and forecasting systems and tools.
• Leadership and Team Member Development: Provide leadership and support to the FP&A team. Ensure the safety, development and growth of the team.

QUALIFICATIONS

Education

• Required:
  
  
  
  • Bachelor's Degree in Finance, Economics Accounting, or related financial field from an accredited university or college.
  
  
  
  
• Preferred:
  
  
  
  • Master's degree in Finance, Economics, Accounting, or related financial field
  
  
  
  

Licenses/Certifications

• Preferred: CPA or CFA

Experience

• Required:
  
  
  
  • 7 years of financial work experience, in progressively more complex assignments demonstrating proficiency in accounting, forecasting and leadership.
  
  
  
  

Supervisory Experience

• Required:
  
  
  
  • 2 years leadership experience
  
  
  
  

Knowledge/Skills/Abilities (KSA)

• Required:
  
  
  
  • Knowledge of US GAAP.
  • Self-motivated and detail oriented with advanced Excel, analytical and organizational skills.
  • Ability to work autonomously and collaboratively in a deadline driven environment.
  • Required to professionally engage with senior leadership and internal/external stakeholders on a frequent basis.
  • Demonstrates exceptional judgement and uses best practices to improve processes and resolves complex problems or where precedent does not exist.
  • Demonstrates leadership in guiding other analysts within the organization
  
  
  
  
• Preferred:
• Understanding of utility accounting and regulatory procedures and policies.
• Knowledge of FPSC and FERC.
• Proficient accounting and forecast applications including but not limited to, SAP - ERP, SAP - EPM, Oracle - OneStream, or UI Planner.

LEADERSHIP COMPETENCIES

• Speaks up on Safety, Health and the Environment
• Takes Ownership and Acts with Integrity
• Drives Operational Excellence for Customers
• Builds Strong, Collaborative Relationships
• Builds Collaborative Relationships
• Develops People and Teams
• Cultivates Innovation and Embraces Change
• Thinks Strategically and Exercises Sound Judgment

WORKING CONDITIONS

Normal working conditions with occasional extended hours during the week and weekends.

PHYSICAL DEMANDS/ REQUIREMENTS

Normal physical demands related to an office workplace environment.

TECO offers a competitive Benefits package!!

Competitive Salary *401k Savings plan w/ company matching * Pension plan * Paid time off* Paid Holiday time * Medical, Prescription Drug, & Dental Coverage *Tuition Assistance Program * Employee Assistance Program * Wellness Programs * On-site Fitness Centers * Bonus Plan and more!

STORM DUTY REQUIREMENTS....Please make sure to read below!!! Responding to stormswill beconsidered a condition of employment.

TECO Energy and its companies serve a role in providing critical services to our community during an emergency. Team members are required to participate in the response/recovery activities related to emergencies/disasters to maintain service to our TECO Energy customers. Team members are required to work in their normal job duties or other assigned activities. Proper compensation will be made in accordance with the company's rules and procedures.

TECO Energy is proud to be an Equal Opportunity Employer.

TECO Energy is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by law, except where physical or mental abilities are a bona fide occupational requirement and the individual is unable to perform the essential functions of the position with reasonable accommodations.

In order to provide equal employment and advancement opportunities for all individuals, employment decisions at TECO Energy will be based on skills, knowledge, qualifications and abilities.

Pay Transparency Non-Discrimination Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

ADA policy

It is the policy of TECO Energy to provide reasonable accommodation for all qualified disabled individuals who are employees and applicants for employment, unless it would cause undue hardship. The corporation will adhere to applicable federal and state laws, regulations and guidelines, including, but not limited to the Americans with Disabilities Act (ADA) of 1990 and section 503 and 504 of the Rehabilitation Act of 1970s.

Application accommodations

Applicants may request reasonable accommodation in the application process five business days prior to the time accommodation is needed.

Pre-employment physical exams may be required for positions with bona fide job-related physical requirements regardless of disability.