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Principal Financial Analyst

Location: 

Newport, MI, US

Company:  DTE Electric Company
Job ID:  9676

DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.
 

But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities.  When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences and values everyone’s health, safety, and wellbeing.  Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.
 

Testing Required: Not Applicable

Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE’s emergency response to storms or other events that impact service to our customers.

 

Job Summary

Manages complex financial analysis relating to financial statement and tax analysis, capital investment decisions, budget and forecasting and long-term planning. Span of Control: 0; this is an individual contributor job
 

Key Accountabilities

•    Establishes multi-year monthly expenditure and cash flow forecasts for all projects.
•    Models capital investment and acquisition impacts and orchestrates the capital investment process.
•    Prepares financial statements, variance analyses and other financial reports for all projects.
•    Prepares consolidated reporting for major projects and integrates reports with other project cost reports and formats.
•    Develops business plans and ensures that all approved scope/cost changes are included in forecasts and are properly reported to senior management.
•    Works with field and project management to prepare budgets and forecasts and record accounting transactions.
•    Researches current and emerging accounting issues and implements related accounting policies and procedures.
•    Facilitates and supports identification of process improvements and cost management opportunities.
•    Creates a positive working environment, including training and development.
•    May lead projects and/or project teams (including assigning work, reviewing progress and evaluating results), mentor, provide guidance and technical direction to less experienced staff, including the provision of input in performance evaluations.
•    May require FERC gas training.

Minimum Education & Experience Requirements

•    Bachelor's degree in Business, Accounting, Finance , Economics or other business-related or technical discipline and seven years of experience in accounting and cost tracking, working with budgets, forecasts or variance analysis

Other Qualifications

Preferred Qualifications

•    Experience with continuous improvement tools/ process improvement

Other Qualifications

•    Ability to drive change and achieve project goals.
•    PC Proficiency, including experience with MS Office Products.
•    Ability to implement operating system tools and techniques.
•    Ability to provide leadership and guidance to others.
•    Ability to work with individuals at all levels, both internal and external to the company.
•    Ability to communicate well with others.
•    Proficient verbal, nonverbal, written, and presentation skills.
•    Working knowledge of financial systems.

Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.


At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.


Nearest Major Market: Monroe
Nearest Secondary Market: Detroit