Pineville, LA, USA
16 days ago
Financial Analyst - Corporate Analytics & Credit

We’re committed to being the clean energy leader in Louisiana. By investing in renewables like solar and utilizing carbon capture and sequestration technology to make our air cleaner, we’re in this for the long haul, because our state and future generations depend on it. Come be a part of our journey at Cleco where we're Energizing Your Tomorrow.

The Financial Analyst II - Corporate Analytics & Credit is a professional with a working knowledge of and some experience with analytics principles, practices, concepts, and theories in the Power and Utilities sector.  The incumbent will play an analytical role in advancing financial strategies, initiating innovative concepts, exploring new ideas, assisting with complex projects, solving intricate analytical problems and providing support to Cleco’s businesses’ objectives for decision making. The incumbent will be responsible for coordinating credit support requirements for customers in alignment with Cleco’s credit guidelines, in coordination with Advisor Middle Office and Treasurer.  The incumbent will assist with analytical inputs into the overall corporate strategy and support routine analytical processes with moderate direction and supervision. The incumbent contributes to the development and implementation of analyses to understand, forecast, and sensitize the business units and enterprise impact resulting from ISO market participation.  The incumbent will gain a detailed understanding of Cleco Corporate level financial modeling and the underlying variables driving business unit financial outcomes.

Key Responsibilities

Create financial models for decision support and in-depth analysis with a working knowledge of Cost of Service theory, Revenue requirements fundamentals, market fundamentals, and corporate financeProvide direct support to high priority strategic projects, collaborating with the lead analyst or advisor for thought-provocation, implementation, and executionMonitor credit risk exposure, produce credit risk reports, and track credit support provided by Cleco and in Cleco’s favorAct as main point of contact with Marketing regarding credit requirements for prospective customers, analyzing counterparty credit risk for risk exposures to help the business better manage portfolio risk exposureCommunicate and support reconciliation of credit exposure, margin calls and collateral requirementsContribute to production cost modeling analyses and support modeling effort for recurring and ad hoc specialized projectsProactively assist with communication efforts with teams across the organization to inform, educate, and implement strategies as market insight dictatesAssist with development, calibration, and maintenance of ISO market models; support the organization’s MISO reporting functions; provide Cleco Power gas nomination supportPrepare presentation materials incorporating results of the analysis and ensuring materials are shown and explained in a manner tailored to the audience Contribute to routine operational analyses, special projects, and corporate modelingCollaborate with other functions within Corporate Analytics as a support and cross-training functionDevelop relationships to be an effective business partner with assigned business functions or subject matter professionals to support Corporate Analytics business objectivesActively engage in process improvement initiatives to enhance Corporate Analytics service delivery and processes; identify areas for automation to reduce routine manual tasksStay up to date with all department software with a continued focus on utilizing tools to improve accuracy and efficiency of Corporate Analytics; participate in the integration of current systems (e.g., SAP) and analytical techniques to enhance/streamline current operationsChampion a corporate culture that emphasizes transparency, integrity, safety, environmental responsibility, employee development, diversity and inclusion, customer service, and operational excellence

Qualifications

Required Education, Skills & Experience

Bachelor’s and/or Master’s degree in Finance, Accounting, Business, or related field3+ years of related experienceExperience with Microsoft tools and applications requiredStrong analytical, problem-solving, planning, and project management skillsStrong interpersonal, communications, writing, speaking, listening and storytelling skillsStrong understanding of how economic trends, political situations, policies, and regulations may affect analysisWillingness and aptitude for innovative, creative, and new thoughtWillingness and ability to learn new technologies on the jobAbility to exercise judgment with limited direction/guidance but also knows when to escalate to the Director, Corporate AnalyticsProficient at functioning effectively within a team environment, present ideas, and opinions in a respective and collegial mannerProgression to this level is strictly restricted based on critical individual capabilities and business requirements; must be supported by market survey data.

Licenses and Certifications

CFA preferred

Key Competencies

BEHAVIORAL

Building Organizational Talent*Building PartnershipsLeading TeamsBusiness AcumenCommunicationCourageBuilding Self-InsightBuilding Talent*Driving for ResultsEnergizing the OrganizationDriving ExecutionBuilding Trusting RelationshipsDriving InnovationPlanning and OrganizingSafetyEstablishing Strategic Direction

TECHNICAL                                                                                      

Financial Reporting and Data AnalysisIndustry and Business KnowledgeFinancial SystemsPlanning, Forecasting & BudgetingBusiness PartneringM&A AnalysisProject and Change ManagementGovernance and Internal Control

May perform other duties as assigned.

Salary dependent on experience, skills, education, and training.

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