Financial Planning and Analysis Manager

Are we RIGHT for you?

The word RIGHT stands for what we VALUE: Respect, Integrity, Growth, Honesty and Teamwork.

Why join our team?

Middlesex Water Company (NASDAQ:MSEX) has been an industry leader since 1897. We promote professional and personal development in a work environment that is supportive and responsive. We understand the importance of our services and the individuals who uphold our reputation.

Joining our team means that you have a multitude of benefits that support you in and out of the workplace such as- full medical, dental, and vision benefits, 401k, paid time off, tuition assistance, learning and development opportunities, employee assistance program, and more. To learn more, please visit www.middlesexwater.com

Job Summary:

The Financial Planning & Analysis (FP&A) Manager at Middlesex Water Company will lead and oversee the financial planning, analysis, and reporting functions. This critical role will provide strategic financial insights to support decision-making, optimize resource allocation, and drive sustainable growth for the company. The successful candidate will be passionate about supporting and driving the Company’s Values, RIGHT: Respect, Integrity, Growth, Honesty and Teamwork.

Work Performed:

Regulatory Rate Filings and Analysis

• Financial Planning and Forecasting:
  • Develop and manage the annual budgeting process, including revenue and expense forecasting.
  • Prepare long-range financial plans and forecasts, aligning with the company's strategic objectives.
  • Analyze financial data to identify trends, risks, and opportunities, providing actionable insights.
  • Collaborate with cross-functional teams to ensure alignment of financial plans with operational goals.
• Financial Analysis and Reporting:
  • Oversee the monthly, quarterly, and annual financial reporting processes, including variance analysis and management reporting.
  • Prepare insightful financial reports and presentations for executive leadership and the Board of Directors.
  • Conduct ad-hoc financial analyses to support strategic initiatives and operational decision-making.
  • Develop and maintain financial models to assess the impact of various business scenarios.
  • Support the CFO and Investor Relations in the preparation of the investor presentations.

• Process Improvement:
  • Continuously evaluate and improve financial processes and systems to enhance efficiency and accuracy.
  • Implement new financial tools and technologies to drive data-driven decision-making.
  • Collaborate with IT and other departments to streamline financial workflows, reporting, system implementation and upgrades

Qualifications:

• Bachelor’s degree in finance, Accounting, or a related field.
• MBA or advanced degree preferred.
• Minimum of 7-10 years of progressive experience in financial planning and analysis.
• Strong understanding of financial principles, accounting standards, and regulatory requirements.
• Advanced proficiency in financial modeling, forecasting, and data analysis.
• Excellent communication and presentation skills, with the ability to convey complex financial information to diverse audiences.
• Proven leadership and team management skills.
• Experience with Oracle EBS R12 is a plus.

Additional Considerations:

• Knowledge of the regulated utility industry is preferred.
• Strong analytical and problem-solving skills.
• Ability to work under pressure and meet tight deadlines.
• Detail-oriented with a high degree of accuracy.
• Self-motivated and results oriented.

Physical Requirements:

• This position requires constant operation of a computer and other office equipment such as printers, copiers, calculators.
• Must have the ability to visually inspect and review hard copy and online documents.
• Must be able to communicate, detect, converse with, discern, convey, express oneself, discuss and exchange information.
• Use written, verbal and audio communication and information sources.
• Must be able to occasionally move about inside the office to access file cabinets, office machinery, etc.
• Must be able to remain in a stationary position _50__ % of the time.

Physical Demands and Work Environment:

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Physical Demands: While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee is occasionally required to stand, walk, and lift up to 10 pounds.
• Work Environment: This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.

Candidates must possess authorization to work in the United States.

Candidates must be able to pass a drug screen, pre-employment physical, background check, and have a valid driver’s license.

No phone calls please. We thank all applicants in advance for their interest; however, only those applicants who are being considered for the position or are currently employed by Middlesex Water Company will be contacted.

Middlesex Water Company and its' subsidiaries are an Equal Opportunity Employer.