Financial Analyst
CMS Energy
 Jackson, MI

Join a diverse and dynamic team that makes and delivers the most valuable services in the world: electricity and natural gas. At Consumers Energy, our customers are at the heart of everything we do. Our employees work around the clock to provide service to our customers in honor of our history and to fulfill our promise to Michigan - Count on Us! Consumers Energy, the principal subsidiary of CMS Energy and headquartered in Jackson, Michigan, provides natural gas and electricity to nearly 6.8 million of Michigan's 10 million residents in all 68 Lower Peninsula counties.

The Financial Analyst becomes a subject-matter-expert in their client areas' business and is intended to be an extension of the business partner into Finance and vice-versa. The role is highly collaborative, going beyond basic data collection and spreadsheets. The Financial Analyst understands the make-up of the client organization and the details of the operations across the entire business unit. This deep level of integration builds affinity, trust and credibility enabling process adherence, transparency and quality financials. This role requires the analyst to be comfortable providing recommendations regarding client operations that may or may not be favorable to the clients but will help the company achieve its financial goals.

Responsibilities:

  • Collaborate with clients to convert operating plan into a financial forecast on a monthly basis.
  • Collaborate with clients to execute budget, forecast and long-term planning processes
  • Prepare and analyze monthly/annual reporting including financials, unit-cost, performance and headcount
  • Month-end close process including advance bookings (accruals), miscellaneous journal entries and associated analysis
  • Electric and Gas rate case support
  • Other miscellaneous accounting, financial and supply chain assistance

Requirements:

  • Bachelor's degree in finance or related area.
  • 2+ yrs of experience

Overview

The Financial Analyst Job Family is utilized primarily in the Finance department. Performing all of the Financial functions for the Company including but not limited to: analyzing financial information to produce forecasts of business, industry, and economic conditions for use in making investment decisions, assemble spreadsheets and draw charts and graphs used to illustrate technical reports, evaluate and compare the relative quality of various securities, interpret data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences.

Nature of Work

At the lowest level in this job family, the work performed may tend to be of a routine and less complex nature where the work responsibilities can be proficiently performed after a relatively short training period.

At the highest levels in this job family the work performed will tend to be of a complex nature involving knowledge of various functional/specialized disciplines where the work responsibilities can only be proficiently performed after a relatively long training / experience-related time period and often requires an advanced degree. The work environment often includes dealing with risk and limiting exposure.

Leadership, management, facilitation and interaction with senior management will be markedly increased at the mid - highest levels of this job family while the need for direction and supervision will be markedly decreased. While problem solving and analysis will likely be required at all levels, recommendation and implementation becomes the norm at the highest levels and will often have a major bearing on the company's business. In addition, skills such as the ability to think on your feet, composure under fire and effective communication across all levels of the organization and with outside stakeholders become more finely honed at the higher levels.

Essential Functions

Conducts a variety of financial and risk analyses, financial studies, investigations, and operation studies; performs cost allocations; develops and maintains financial models; reviews and evaluates work products, methods, and procedures; conducts financial & statistical research; performs analysis of statistical data; recommends and implements modifications for improvement to programs, policies, and procedures as appropriate. Collects, compiles, and analyzes information from various sources on a variety of topics, including complex financial, analytical, budget or administrative issues; monitors and evaluates the efficiencies and effectiveness of basic financial operations. Participates in the development of the annual budget; monitors revenues and expenses for assigned sections; directs the forecast of additional funds needed for staff, equipment, materials, and supplies; implements adjustments as necessary. Prepares executive level reports, presentations, summaries, and correspondence; creates comprehensive technical records and reports; Prepares staff reports for presentation to the Board of Directors; Performs cost benefit evaluations of proposed capital and operating budget items; develops capital funding strategies; makes determinations related to the overall benefit of the proposal and alternatives; implements policies and procedures accordingly; Monitors and reports budget variances; provides ad-hoc reports; ensures a high level of accountability on all projects; evaluates budgetary changes; maintains debt compliances with bond indentures, contracts & agreements; Develops long-range financial planning and revenue requirements; conducts various feasibility and cost studies; forecasts the impacts of potential future events; provides responsible, accurate, and thorough technical and administrative project support to Finance Management; operates variety of office equipment. Observes safe work practices and safety methods; performs other duties as assigned. Regular attendance is expected.

Hours and Travel

Travel required to attend off-site business meetings, training sessions and travel between company locations. Meet travel requirements of the position. Work a flexible schedule, which may include evenings, weekends, holidays and overtime.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; stand; walk; and stoop, kneel, crouch, or crawl; use hands to finger, handle, or feel objects. The employee frequently is required to talk or hear. The employee must lift and move up to twenty pounds. Specific vision abilities required by this job include close vision, color vision, depth perception, and the ability to adjust focus. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.

Position will be filled at the appropriate salary grade based upon the skills, knowledge, and experience of the selected candidate.