| JOB PURPOSE:
This position is responsible for developing, managing, and modifying the structure and process surrounding organization-wide financial planning, budgeting, forecasting, internal reporting, and advanced financial analysis in support of financial and operational decision making. This includes providing direction in key planning, budgeting, and forecasting activities including leading the enterprise business planning cycle, resulting in cohesive, integrated, long-range strategic, business, and financial plans with clearly defined financial metrics, strategies, and goals. This position works closely with senior and middle management and business groups to develop recommendations regarding compliance with strategic financial policies, strategies, and leverage business opportunities to best position the District for future growth and successful attainment of strategic goals. This position leads planning, development and reporting of Chelan PUD's (District) Balanced Scorecard. Cost of Service Analysis to support rating making and performs Business Advisor duties for the Board of Commissioners, General Manager, Finance, Risk and IT departments.
JOB FUNCTIONS: To perform this job successfully, an individual must be able to perform each essential function of the job satisfactorily. Essential functions (EF) are those activities that, if not performed, would significantly and fundamentally alter the position. Typically, essential functions account for the largest commitment of time.
# EF % of Time Job Functions
1. EF 35% Manage Financial Planning, Budgeting and Forecasting Process - Lead District Wide strategic short and long range financial and business planning processes, including budgets and forecasts, to achieve the District's strategic objectives and financial goals. Identify and provide alternatives to leverage emerging financial and business opportunities. Identify and recommend continuous process improvements to improve efficiency, effectiveness and the informative value of the financial and business planning and reporting cycle and reporting. Lead Balanced Scorecard planning, monitoring, and reporting efforts. Consult with business units to develop and implement planning goals. Develop and implement practices to ensure that key financial information, policies, and metrics are presented and conveyed to executive management to support key decision making and in accordance with budget policy and resolutions. Lead the enterprise business planning and budgeting processes and the development and maintenance of financial models. Develop and recommend company financial targets benchmarks. Develop and conduct financial presentations for senior management and the Board of Commissioners.
2. EF 30% Provide Financial Analysis Support and Recommendations - Interact with executive management and finance business partners to communicate business issues and risks. Provide advanced financial analysis support for projects with District-wide strategic implications. Oversee the development, enhancement, and operation of additional predictive economic and financial models, such as end-use load forecast models, hydro optimization models, volatility models, cost of service models, long-range financial forecast model, etc. Lead multi department team(s) in the development of complex analysis supporting various studies or projects such as cost of service, and rate design.
3. EF 25% Monitor and Report - Define, focus, and monitor timely completion of financial forecasts. Quantify opportunities and risks and identify actions to achieve desired outcomes. Oversee decision support management reporting and assist with controlling expenditures. Regularly assess and report on business unit performance and budget variances. Assist staff in monthly review of financial results to identify and explain significant variances to forecast to management. Review major capital expenditure proposals and economic justifications for conformity with District plans. Implement and maintain a process for planning prioritizing, and evaluation a portfolio of asset investment opportunities and identified results. Provide competitive intelligence to management, through interpretation and dissemination of financial news and trends in the power industry. Perform Business Advisor duties for Finance, Risk & IT, General Manager, and board of Commissioners.
4. EF 10% Supervise strategic financial planning staff including, but not limited to, performance management, employee development, hiring, and discipline. Work closely with Finance Directors and Business Advisors. Promote teamwork among Finance and other Groups' staff and provide cross-functional participation on data analytics and business intelligence projects as needed.
5. EF Ongoing Maintain regular and predictable attendance. Perform related duties and responsibilities as required. Comply n, and those in accordance with applicable provisions of the Revised Code of Washington (RCW) and Washington Administrative Code (WAC).with District policies. Complete all required training. Maintain a working knowledge and comply with District safety procedures and specific safety requirements of this position.
COMPENSATION & BENEFITS
In addition to a competitive salary range of $113,775 - $151,700 (based on qualifications, skills and abilities), Chelan PUD employees also enjoy outstanding benefits which include the option of a zero cost medical plan (medical, dental and vision for all eligible dependents), short and long-term disability, Washington State Public Employee's Retirement System, Deferred Compensation (with company matching funds up to 5%), 11 holidays and initial personal leave accrual at 21 days per year. ABOUT US:
Chelan County PUD is located in the geographical center of Washington State at the confluence of the Columbia and Wenatchee rivers. A public power leader, the complex and progressive nature of PUD operations offer a unique mix of challenges and opportunities. We rely on the mighty Columbia River for much of our hydropower generation and we're proud to take a leadership role in environmental stewardship as related to this great river system. Each year we dedicate millions of dollars and thousands of work hours to protect and enhance fish, wildlife and plant ecosystems. As part of hydropower operations, we've also built 14 parks that serve more than 3 million visitors each year. Rated by Sunset Magazine as one of the top 20 Western DREAM TOWNS and by Forbes in 2017 as one of the top 25 places to retire, Wenatchee is a recreational paradise with an abundance of adventure. The natural scenic beauty of the Wenatchee Valley provides a vivid backdrop to its thriving economy, where the quality of life is high and the climate is moderate with four distinct seasons, including more than 200 days of sunshine! Chelan PUD is an Affirmative Action/Equal Opportunity Employer and values diversity at all levels of its workforce. M/F/Vet/Disabled |
