Financial Planning Analyst Principal

Posted 7 Days Ago
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Folsom, NJ
96K-154K Annually
Senior level
Utilities
The Role
The Financial Planning Analyst Principal at South Jersey Industries will lead the annual budget process, manage cash flow forecasting, and drive financial discipline. The role involves complex financial modeling, performance tracking, and reporting to leadership, while also focusing on enhancing efficiency and supporting the company's revenue strategies. This position includes mentoring analysts and requires advanced expertise in financial analysis and communication with non-financial stakeholders.
Summary Generated by Built In

About Us

South Jersey Industries (SJI) is an energy holding company that delivers clean energy services to 700,000+ customers and businesses throughout 14 counties in New Jersey. As part of our core values, SJI is dedicated to being a community partner and developing innovative clean energy solutions to meet the needs of the future. To do this, we depend on our workforce of over 1,100+ talented, diverse employees who help us deliver safe, reliable, affordable clean energy for a better today and tomorrow.

At SJI, we believe that our employees are our most valuable asset. Whether you’re a seasoned operations technician or an early-career legal professional, our culture, inclusive workforce, and  leadership development and training programs will provide you with the tools you need to either kickstart your career or bring it to new heights.

Position Summary

A career in Financial Planning will provide the opportunity to lead the annual operating budget process, track, and report on performance relative to plan, and manage ongoing rolling forecast updates. This typically includes building and iterating on complex financial models covering all aspects of the business that will enable effective decision making regarding the company’s revenue growth strategy, cost structure, and capital expenditures. Additionally, it includes establishing, tracking and monitoring key operating metrics used to drive the business to greater efficiency as well as creating ad-hoc analyses to drive business strategy, improve efficiency and maximize ROI and helping drive finance discipline, fact-based decision-making, and financial visibility are all key facets to this group. This also includes consolidating, cash flow forecasting, independently leading automation initiatives, driving efficiency, and preparing financial reports to the Board. Roles within Financial Planning are responsible for delivering impactful business analysis and playing a key part in driving insightful business decisions and strategy. It also involves playing a key role in partnering with the business and informing leadership of actual and projected performance, as well as analyzing business trends, changes, and new initiatives.

Essential Functions:

Roles and responsibilities for this position include, but are not limited to:

• Independently planning and executing complex tasks that support non-routine activities and project goals

• Guiding selection of appropriate methods and techniques in performing tasks

• Possibly designing new techniques and applying advanced level of understanding project goals and methods

• Maintaining high level of expertise through familiarity with processes and structures and applying appropriately to projects

• Leading group meetings. Presenting results of work, interpreting data, and drawing conclusions regarding presented material and nature of work

This role will have broad expertise or unique knowledge and use skills to contribute to development of company objectives and principles and to achieve goals in creative and effective ways. You will work on significant and unique issues where analysis of situations or data requires an evaluation of intangibles. It is expected that you will exercise independent judgment in methods, techniques and evaluation criteria for obtaining results. Additionally, you will create formal networks involving coordination among groups and lead finance automation, consolidation and rolling forecast initiatives.

It is expected that your role leads projects that enable the department/ group/team to meet and achieve goals. You will guide the successful completion of cross-functional programs. Additionally, it is expected that you will make decisions that have a long-term impact. You will act independently to determine methods and procedures on new or special assignments. You may supervise the activities of others. Your role typically reports to Managers/ Directors.

Additionally, the level and nature of interaction of your role includes:

• Managing work of other associates and having oversight on quality of work produced

• Leading projects with manageable risks and resource requirements

This is a role that contributes through own efforts and application of expertise, skills, or tasks.

Qualifications

Qualifications/Skills:

  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field with 10 years of relevant experience, or Master’s degree with 8 years of relevant experience.
  • Equivalent work experience may be considered in lieu of degree.
  • Minimum of 3 years of leadership experience.
  • Advanced proficiency in Microsoft Excel and other financial software applications.
  • Strong understanding of the three financial statements and ability to analyze and project financial data.
  • Excellent communication skills, with the ability to present complex financial information to non-financial stakeholders.
  • Proven leadership skills with the ability to manage and develop a team of financial analysts.
  • Strategic mindset with the ability to think critically, problem-solve, and drive business performance improvements.
  • Energy or Utility industry knowledge and experience with Hyperion system preferred.

Explore the Possibilities

    South Jersey Industries employs a diverse range of talent – from construction contractors to environmental specialists. Regardless of the position, mentoring and networking, hands-on experience, gaining industry knowledge and the opportunity to make a meaningful impact on our business and in our communities are all exciting ways that we welcome our employees at SJI. And as a company committed to creating an engaging culture built on inclusion and diversity, you’re sure to find an opportunity that makes you feel included, empowered, and ready to “bring your whole self to work” every day.

    Benefits Package Overview

    SJI offers a competitive and comprehensive benefits package to eligible employees.

    The SJI “Total Rewards” Benefits Package include:

    • Flexible vacation, Paid Time Off, and Sick Leave package
    • Comprehensive Health, Dental, and Vision Insurance
    • Short-term and Long-term Disability Insurance
    • 401(k), with generous company match
    • Employee Resource Groups to encourage employee engagement, nurture professional development, and foster an inclusive environment.

    Equal Opportunity/Affirmative Action Employer

    At this time, SJI is only considering applicants authorized to work in the United States currently and in the future without the need for visa sponsorship.

    Compensation Range:

    $96,000 - 153,600

    We are committed to pay transparency and ensuring equitability compensation for all employees. The pay range for this position reflects the base salary only and does not include benefits, bonuses, or other forms of compensation that might be part of the total compensation package. The specific salary offered will be based on a candidate’s qualifications, education, and experience.

    Top Skills

    Excel
    The Company
    Atlantic City, , New Jersey
    776 Employees
    On-site Workplace

    What We Do

    SJI, an energy infrastructure holding company based in Folsom, NJ, delivers energy services to customers through two primary subsidiaries: SJI Utilities (SJIU) and SJI Energy Enterprises (SJIEE). SJIU houses the company’s regulated natural gas utility operations, delivering safe, reliable and affordable natural gas to more than 700,000 residential, commercial and industrial customers across New Jersey via its South Jersey Gas and Elizabethtown Gas subsidiaries. SJIEE houses the company’s non-utility operations primarily focused on clean energy development and decarbonization via renewable energy production and energy management activities.

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