What are the responsibilities and job description for the Engineering Business Analyst III position at CenterPoint Energy?
CenterPoint Energy and its predecessor companies have been in business for more than 150 years.
Our Vision : Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people.
Our Commitment : CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce.
At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.
Job Summary
In support of the Gas Integrity Management department, this position analyzes and projects financial impacts associated with management decisions and changes in the business environment for use by other departments, senior management and agencies external to the business unit. Aggregates data using SAP and financial records to assist in completing data analysis in support of capital planning / forecasting activities and creates and coordinates financial records to support rate case requests. Acts as a key liaison to Finance and Regulatory functions to ensure the business needs of each area are balanced and integrated.
Essential Functions
- Gather relevant and accurate financial information, interpret and discuss with management to create actionable business intelligence which leads to improved and optimized decisions and performance.
- Use SAP, analytical, financial models, and spreadsheet skills to support capital planning and reporting, benchmarking efforts, cost comparisons, productivity / efficiency studies, variance analyses and explanations and any other business unit requests.
- Prepare various financial forecasts and develop financial models (e.g. resource allocation, regulatory testimony support, rate case schedules, settlement negotiations, future financing, and impact of accounting issues).
- Supports planning, forecasts and rate case filings by establishing accurate activity and / or unit costs through financial analysis of historical expense and / or capital expenditures and related activity / units.
- Prepare various types of financial analysis projects for review (e.g. risk analysis, internal rate of return, lease vs. purchase, discounted cash flows, revenue requirements, utility comparisons, budget evaluations).
- Provide management with assistance in developing and monitoring their budgets, including providing meaningful budget information and ad hoc reports, such as P&L, Metrics, etc. Liaisons with and assists other departments with their capital budget that impacts the Gas Operations Revenue and Maintenance capital budget, including departments such as Construction Services and Pipeline Integrity.
- Liaisons with the Finance department to ensure knowledge transfer and skill sets remain current and provides business input into system and process changes that will occur through Advanced Finance initiatives.
- Use a variety of software tools : 1) to perform analyses, 2) to support report preparation, 3) to extract needed information from SAP and other databases for use at the request of clients.
- Participate on or lead cross-functional teams to provide business, accounting / financial expertise in support of client efforts.
- Maintain data integrity and financial tools or systems used to track capital projects and expenditures (SAP, MS Access, etc.)
- Compile and analyze cost data and prepare billing for reimbursable projects and coordinate and prepare data requests and audit responses.
- Prepare, participate, and lead monthly budget review meetings with regional management.
Education Description
Bachelor's degree from an accredited college or university preferably in Accounting, Finance or Business Administration
Experience
Minimum of 5 years experience in accounting, finance, engineering or operations.
Additional Knowledge
We want you to know
Being a part of the CenterPoint Energy team is more than a career alone. It's an opportunity to make a positive impact. You will be an integral part of enabling everyday life and the pursuit of possibilities for the customers we serve and the communities we share. The vital services we provide are at the core of making our world work, and by sharing your energy with us, we'll create a better tomorrow together.
Diversity, Equity and Inclusion
CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce.
At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.
What we bring to you
Job Type : Full Time
Posting Start Date : 01 / 14 / 2025
Posting End Date : 01 / 28 / 2025
This contractor and subcontractor shall abide by the requirements of 41 CFR
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