Finance & Rates Analyst

Finance & Rates Analyst

Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse financial data, prepare reports, and assist with budgeting and compliance.
  • Company: Aqua, part of Essential Utilities, provides reliable water and wastewater services across 10 states.
  • Benefits: Enjoy a competitive salary, comprehensive benefits, and opportunities for career growth.
  • Why this job: Join a team dedicated to environmental protection and community service while developing your finance skills.
  • Qualifications: BA/BS in Accounting or Finance required; 1-2 years of related experience preferred.
  • Other info: This is an entry-level, full-time position with a focus on teamwork and professional development.

The predicted salary is between 36000 - 60000 ÂŁ per year.

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Aqua, an Essential Utilities company, employs people in a variety of roles within our eight-state footprint, ranging from field workers and customer service representatives who are on the front lines working with customers, to scientists and engineers who help ensure we’re delivering reliable water and wastewater services to our communities. If you’re looking for a rewarding career helping improve our environment and protect our natural resources, we encourage you to join our team!

About Essential Utilities

Essential Utilities, Inc. delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities.

Operating as the Aqua (water and wastewater services) and the Peoples and Delta (natural gas) brands, Essential serves approximately 5.5 million people across 10 states. We are committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status – including a competitive and comprehensive benefits package as well as a commitment to career growth opportunities.

We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting more than 7,600 acres of forests and other habitats throughout our footprint.

Our company is one of the most significant publicly traded water, wastewater service and natural gas providers in the U.S.

Are you looking for a fantastic career at Essential Utilities? We have an outstanding opportunity for a Finance & Rates Analyst in the Bryn Mawr, PA area!

The Finance and Rates Analyst I prepares, coordinates and documents financial reports, models and analysis for regulatory operation and compliances and internal financial reporting of annual operating budgets and strategic business plans.

Primary Duties And Responsibilities

  • Prepares forecasts and analysis of trends in finance and general business.
  • Identifies trends and developments in competitive environments.
  • Reconciles accounts.
  • Collects and analyzes financial information.
  • Tracks organizations progress against financial goals. Creates financial models.
  • Assists with the annual compliance and financial reporting.
  • Assists in the preparing the quarterly and annual filings.
  • Assists with updates to the company’s tariffs. Ensures tariffs posted too internal and external websites.
  • Assists in preparing rate cases. Provides general accounting assistance. Analyzes and forecasts timing and rate increases. Prepares answer to interrogatories, assists with revenue and billing analysis, provides support for witness litigation processes and interfaces with other departments to determine future rate case adjustments.
  • Supports Manager of Rates and Planning and the Regional Controller on potential acquisition due diligence including: financial modeling, valuation analysis, finance and accounting due diligence, tariff and rate design, expense analysis, presentation preparation, application preparation and original cost study filings.
  • Assists in the preparation, analysis and submission of the annual operating budget.
  • Assists in the analysis of expenses, labor, capital expenditures, revenue and income taxes.
  • Performs other assignments as required.

Qualifications

  • BA/BS Degree in Accounting or Finance required
  • 1-2 Years of Related Experience

Qualities Of a Successful Analyst In This Position

  • Flexible, logical, accountable, approachable, and passionate about work
  • Maintains positive team-building role during pressure-filled, deadline-driven crunch times
  • Possess strong organizational/multi-tasking and project-planning skills
  • Exhibits professionalism with internal and external contacts
  • Organized with strong attention to detail and time management skills
  • High degree of initiative; self-starter
  • Communications with accuracy and precision in writing and speaking
  • High degree of confidentiality required
  • Trustworthy; strong personal integrity; emotional maturity
  • Demonstrates high level of accountability and ownership.
  • Executes with discipline and urgency
  • Collaborative/Team oriented

Knowledge, Skills And Abilities

  • Expertise in analytic problem solving
  • Strong interpersonal skills
  • Ability to perform complex computer model development
  • Advanced level of technical writing ability
  • A clear understanding of cost of service rate-making and utility regulation is an asset for this position
  • Strong intermediate to advanced ability with Microsoft Office suite: Word‚ PowerPoint, Excel, Access and other technologies applicable to job
  • Proficient with technology and re-evaluates process to increase efficiency, accuracy and appropriate level of documentation through the skilled application of technology tools; must be proficient in MS Excel, able to work independently and synthesize large amounts of information

Aqua, an Essential Utilities company is an Equal Opportunity / Affirmative Action employer. Equal employment opportunity is provided to all employees and applicants for employment without regard to the following legally protected characteristics: race, color, religion, sex, national origin, age, pregnancy (including childbirth and related medical conditions, including medical conditions related to lactation), physical or mental disability, covered-veteran status, genetic information (including testing and characteristics), sexual orientation, gender identity or expression or any other characteristic protected by applicable local, state or federal law.

Aqua is committed to providing reasonable accommodation to individuals with disabilities. If you have a condition that may prevent you from applying for a job online or need to request an accommodation during the interview process, please call (1-877-271-9012).

To Maintain The Integrity Of The Recruitment Process And To Avoid Real Or Perceived Conflicts Of Interest Due To Employment And/or Assignment Of Family Members And Personal Referrals, Specific Guidelines Apply To The Hiring And Assignment Of These Individuals Including, But Not Limited To

  • Family members cannot result in a supervisor/subordinate reporting relationship
  • Family members cannot work in the same department.

Seniority level

  • Seniority level

    Entry level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Sales

  • Industries

    Utilities

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Finance & Rates Analyst employer: Aqua Water Company

Aqua, an Essential Utilities company, is an exceptional employer that prioritises employee growth and a positive work culture in the Bryn Mawr, PA area. With a commitment to sustainable practices and community advocacy, employees enjoy a comprehensive benefits package and opportunities for career advancement while contributing to vital environmental services that enhance the quality of life for millions. Join us to be part of a team that values integrity, collaboration, and innovation in the utilities sector.
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Contact Detail:

Aqua Water Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance & Rates Analyst

✨Tip Number 1

Familiarise yourself with the specific financial regulations and compliance standards relevant to the utilities sector. Understanding these will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the finance and utilities sectors. Attend industry events or join online forums to connect with current employees at Aqua or similar companies, which can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your Excel skills, particularly in financial modelling and data analysis. Being proficient in these areas is crucial for a Finance & Rates Analyst, and showcasing this expertise can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss your analytical problem-solving skills during the interview. Have examples ready that illustrate how you've successfully tackled complex financial issues in the past, as this will highlight your suitability for the role.

We think you need these skills to ace Finance & Rates Analyst

Financial Modelling
Data Analysis
Regulatory Compliance
Forecasting
Trend Analysis
Account Reconciliation
Budget Preparation
Tariff Design
Technical Writing
Microsoft Excel (Advanced)
Interpersonal Skills
Project Management
Attention to Detail
Problem-Solving Skills
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in finance and analysis. Use keywords from the job description, such as 'financial models', 'regulatory operation', and 'budgeting' to demonstrate your fit for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for environmental sustainability and how your skills align with Aqua's mission. Mention specific experiences that relate to the responsibilities of the Finance & Rates Analyst position.

Highlight Technical Skills: Emphasise your proficiency in Microsoft Excel and any other relevant software. Provide examples of how you've used these tools in previous roles to analyse financial data or create reports.

Showcase Soft Skills: In your application, mention soft skills that are crucial for this role, such as teamwork, communication, and attention to detail. Use specific examples to illustrate how you've demonstrated these qualities in past experiences.

How to prepare for a job interview at Aqua Water Company

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Finance & Rates Analyst. Familiarise yourself with financial modelling, regulatory compliance, and the specific duties mentioned in the job description. This will help you answer questions confidently and demonstrate your genuine interest in the role.

✨Showcase Your Analytical Skills

Prepare to discuss your experience with data analysis and financial reporting. Be ready to provide examples of how you've used analytical skills in previous roles, especially in forecasting and trend analysis. Highlight any relevant projects or tools you've used, particularly in Microsoft Excel.

✨Demonstrate Teamwork and Communication

Since the role requires collaboration with various departments, be prepared to discuss your teamwork experiences. Share examples of how you've effectively communicated complex financial information to non-financial colleagues, showcasing your ability to work well under pressure.

✨Ask Insightful Questions

At the end of the interview, ask thoughtful questions about the company’s approach to financial planning and rate-setting. This shows your enthusiasm for the position and helps you gauge if the company culture aligns with your values, especially regarding sustainability and community impact.

Finance & Rates Analyst
Aqua Water Company
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