Flexible Work Arrangement: Hybrid - Audubon, PA
This position is an entry-level financial analyst in the Budget & Analysis department. The job responsibilities include financial analysis and reporting, budgeting and forecasting, maintaining project portfolios and assisting with calculations of PJM’s pricing allocation model. This person will conduct budgeting and forecasting for at least one operating division at PJM. This requires the development of forecasting methodologies and ongoing communication with division management. Financial analysis and reporting will be conducted on activity and anticipated activity for the division, providing detailed insight into variances and cost trends. Additionally, this person will assist with other Budget and Analysis departmental duties including monthly general ledger close, preparing and/or entering journal entries, and coordination of project funding within SAP.
Essential Functions
- Assists in the development of the monthly financial reporting used by PJM Executive Team to monitor company and divisional financial performance.
- Assists with preparing forecasts and budgets for operational expenditures.
- Assists in development of financial analysis, reporting and presentation information to PJM management, Finance Committee, Audit Committee and PJM’s Board of Directors on current financial position and company performance on goals and long-range financial plans.
- Provides project financial data for preparation of budget and project presentation materials for the Executive Team, Finance Committee, Members Committee and PJM’s Board of Managers.
- Assists with analyzing project funding requests ensuring appropriate levels of Authorization for Capital (AFC) have been completed.
- Ensure data integrity and accuracy for project portfolio funding requests.
- Analyzes project postings for accuracy, identifying and investigating unusual postings to ensure proper correcting journal entries are posted when necessary.
- Maintains and updates all project system and pricing model desk procedures and internal controls documentation.
Characteristics & Qualifications:
Required
- Bachelor of science (or working towards) in Accounting, Finance, Business Administration
- Ability to efficiently use Microsoft Office Suite (MS-Word, MS-Excel and MS-PowerPoint)
- Ability to produce high-quality work products with attention to detail
- Ability to communicate effectively and operate in a fast-paced team environment
Preferred
- SAP knowledge, specifically CO and PS modules
- Knowledge of MS-Excel pivot tables
- Experience in Hyperion Planning
- Experience in quantitative and qualitative analysis
- Equivalent working experience (0-3 years)
Skills Required
- Bachelor of Science degree, or currently pursuing one, in Accounting, Finance, or Business Administration
- Efficient use of Microsoft Office Suite, including Word, Excel, and PowerPoint
- Ability to produce high-quality work with strong attention to detail
- Effective communication skills and ability to work in a fast-paced team environment
- SAP knowledge, specifically CO and PS modules
- Knowledge of Microsoft Excel pivot tables
- Experience with Hyperion Planning
- Experience in quantitative and qualitative analysis
- Equivalent working experience of 0–3 years
What We Do
PJM Interconnection manages the high-voltage electric system that provides power to 65 million people in all or parts of 13 states and the District of Columbia. It's the largest power grid in North America. As a neutral, independent party, PJM administers a competitive wholesale electricity market. PJM’s long-term regional planning process provides a broad, interstate perspective that identifies the most effective and cost-efficient improvements to the grid to ensure reliability and economic benefits. PJM serves all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. An independent board oversees PJM’s activities. Effective governance and a collaborative stakeholder process help PJM achieve its vision: “To be the electric industry leader – today and tomorrow – in reliable operations and efficient wholesale markets.”
