Principal Financial Analyst

Date:  Nov 18, 2024
Job ID:  5059
Location: 

Bellevue, WA, US, 98004

Remote and Hybrid Work Opportunities:  Hybrid (WA Based)

Puget Sound Energy is looking to grow our community with top talented individuals like you!  With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now.

 

PSE's Enterprise Risk Management team is looking for qualified candidates to fill an open Principal Financial Analyst position!


Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.

Job Description

Performs the quantitative and qualitative analyses related to the production of short-, mid- and long-term financial plans for PSE and its parent companies, as well as analytics associated with resource additions, corporate performance drivers and various strategic initiatives. Leads the development of interdepartmental consensus on analytical assumptions and approaches leveraged for financial planning purposes. 

 

Upholds the safety compliance standards inherent in PSE’s operating and/or field procedures related to work responsibilities. Promotes and supports a culture of total safety.

Demonstrates commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct.  Ensures duties are performed in accordance with all regulatory compliance obligations.

Job Responsibilities

  • Reviews natural gas transport, storage and non-standard contracts to ensure correct setup/modeling in ETRM systems.
  • Downloads necessary reports and contract list from pipeline websites, updates the pipeline fees, manages recall gas and updates valuation pools in ETRM system
  • Manages ETRM system license allocation, ICE mapping, user access SOX control, IAM request approval and the user access tracker updates
  • Maintains authorized trader account provisioning on third party websites
  • Ensures trade floor authorized trader list is updated accurately
  • Updates price curves for illiquid locations and maintains pipeline tariff rates in PSE’s trade capture systems
  • Enters gas loads, broker fees, taxes, gas cuts financial settlement fees, Tacoma LNG premiums and fees, NGX/ICE fee allocation, Alberta fuel charges, storage/distillates volumes/costs, daily gas price and FX rates in ETRM systems
  • Manages AER, CER and DOE permit renewals and obtains NAFTA certificates
  • Works with tax department to respond to counterparty requests on tax related questions
  • Prepares and submits gas compliance filings to internal stakeholders and external agencies
  • Monitors daily and monthly trade reporting to the index price developers and manages related corrections, audits and the Code of Conduct updates on PSE website
  • Manages Dodd Frank related compliance, rule updates, LEI renewals, CFTC Form 40 updates, markit portal updates, training, management approval of End User Exception and communications with the external parties
  • Manages business Continuity Plan/Exercise Review/Coordination/Updates
  • Provides consultative review of transactions prior to execution and during deal entry process
  • Works with internal and external stakeholders to collaborate on resolving issues, developing policy and drafting framework documentation, manages the Palms training publication for Energy Risk Policy and Procedures.
  • Builds ad-hoc reports in Excel per the team’s needs and management direction.
  • Leads projects and performs other duties as assigned.

Minimum Qualifications

  • Bachelor’s Degree in Business, Finance, Accounting or related field and/or equivalent experience with progressively increasing level of responsibility
  • 5+ years in finance roles with progressively increasing levels of responsibility
  • Excellent communication, writing and presentation skills with the ability to interface effectively with all levels of management
  • Ability to work effectively without direct supervision in a fast paced, stressful, and multitasking environment

Desired Qualifications

  • Master's Degree in a quantitative field or MBA
  • Applicable Finance Certification (CFA, CPA, CTP)
  • 5+ years of experience in the gas and/or electric industry
  • Demonstrated ability to manage multiple projects and create capacity
  • Ability to adapt and react to unforeseen business decisions and situations
  • Experience leading and delivering projects under tight deadlines

Additional Information

At PSE we value and respect our employees and provide them opportunities to excel. We offer a competitive compensation and rewards package.

 

The pay range for this position is $88,000.00 - $146,500.00, and this position is eligible for annual goals based incentive bonuses. 

 

PSE offers a suite of benefits to our employees. Employees are eligible for medical, dental, vision, basic life, and short- and long-term disability insurance.  There are additional voluntary options of supplemental life insurance, accidental death and dismemberment insurance, flexible spending accounts for health care and dependent daycare, and an Employee assistance program (EAP).  For long term savings, PSE offers a 401(k) investment option and a cash balance retirement plan.  Employees will also receive Paid Time Off (PTO) and Paid Holidays throughout the calendar year. Detailed benefit overviews can be found on our Career page - Why Work For Us (pse.com). 

 

Families and businesses depend on PSE to provide the energy they need to pursue their dreams. Our steadfast commitment to serving Washington communities with safe, dependable and efficient energy started in 1873. Today we're building the Northwest's energy future through efforts like our award winning energy efficiency programs and our leadership in renewable energy. 

 

Puget Sound Energy is committed to providing equal employment opportunity to all qualified applicants. We do not discriminate on the basis of race, color, religion, sex, national origin, age, sexual orientation, gender identity, marital status, veteran status or presence of a disability that with or without reasonable accommodation does not prevent performance of the essential functions of the job, or any other category prohibited by local, state or federal law.

 

Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the Human Resources Staffing department at jobs@pse.com or 425-462-3017.


Nearest Major Market: Seattle
Nearest Secondary Market: Bellevue