Southern California Edison Entry Level - Financial Analyst, Associate Specialist (Rosemead) in Rosemead, California

Job Description

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Position Overview:

This is an entry level position residing in the Capital Asset Analytics group within the Treasurer’s organization at Southern California Edison (SCE). The Associate Specialist’s role will include performing various functions and tasks related to valuation studies and analysis, regulatory cost recovery filings, and corporate budgeting and forecasting.

The valuation component of this position includes:

  • Assisting in the development of the fair value of utility property proposed for sales, purchases or transfers through condemnation proceedings and the preparation of reports based on those findings and conclusions.

  • Development of field inventory data in conjunction with the above in a team environment.

  • Performance of special cost-of-service studies, ISO and WDAT capital costs, insurable values and various other ad hoc related studies.

The regulatory component of this position will require a heavy emphasis on the ability to design, update and troubleshoot forecasting models & the development of underlying data in support of these models. Regulatory duties will include:

  • The development, compilation, preparation, and filing of the capital recovery (e.g., rate base and depreciation) portions of the Company’s California Public Utilities Commission (CPUC) and Federal Energy Regulatory Commission (FERC) filings including gathering data, preparing the filing itself, answering related questions and data requests, and supporting witnesses in the case.

In addition, this position will be involved with cross-functional teams organized to respond to valuation and regulatory initiatives and will participate in developing strategy. Also, the position will require the ability to build strong working relationships with the Operating Units and outside agencies including Commission staff and intervening parties. The Associate Specialist will also be asked to perform other responsibilities and duties as assigned.

Typical responsibilities may include:

  1. Support of capital asset recovery portion of regulatory proceedings, including performing depreciation studies and analysis, collaboration with Operating Units, answering data requests, and participating in strategy sessions related to the proceedings.

  2. Support with analysis and data gathering for the Corporate Budgeting and Forecast process, including performing analysis, collaboration with the OU’s, and the development of fundamental assumptions utilized to develop final work products.

  3. Conduct analysis and coordinate the development of data to meet financial and regulatory reporting requirements related to the development of Bills of Sale for Utility System Sales, Annexations and Condemnations.

  4. Numerous ad hoc requests for regulatory support related to recorded plant as well as to provide modeling support for business cases involving capital recovery.

  5. Creating and maintaining a safety conscious work environment.

  6. Performing other duties and responsibilities as assigned.

Qualifications

Minimum Qualifications:

  1. Must have a Bachelor’s degree in Accounting, Economics, Finance, Business Administration, Math, Statistics, Data Analytics or related field by Spring 2019 or before.

  2. Demonstrated experience utilizing Microsoft Office Suite (Word, Excel, and PowerPoint), especially using Microsoft Excel and creating V-Lookup Formulas and Pivot Tables.

Preferred Qualifications:

  1. Demonstrated experience in financial, quantitative or operational analysis.

  2. Demonstrated experience creating written reports and presentations for various audiences using Microsoft Word, Excel, and PowerPoint.

  3. Demonstrated experience interfacing and collaborating with peers, management and other departments.

  4. Strong oral and written communication skills.

  5. Demonstrate effective resource and project planning, decision making, results delivery, team building, and the ability to stay current with relevant technology and innovation.

Comments:

  • Candidates for this position must be legally authorized to work directly as employees for any employer in the United States without visa sponsorship

Southern California Edison, an Edison International (NYSE:EIX) company, serves a population of nearly 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California. Join the utility leader that is safely delivering reliable, affordable electricity to our customers for over 125 years.