Thank you for your interest in the BWL. We think you'll find it a rewarding and nurturing place to grow your career.
Starting Salary Range: $84,700.00 - $102,400.00
Salary Range: FA II: $84,700 - $102,400 / FA III $94,000 - $114,700
Financial Analyst II
Position Summary:
A Financial Analyst II in the Finance & Planning department supports the company’s business units by continually providing the tools, knowledge, and thought leadership needed for consistent and effective decision making. As a valued partner and contributor in all strategic and everyday business decisions, a Financial Analyst II supports and leads duties centered around cash & investment management, bond issuance & compliance, financial planning & analysis (FP&A), revenue forecasting, and rate making.
Essential Functions:
The Finance & Planning department performs a wide range of duties as noted below. With some guidance required from supervision, a Financial Analyst II shares in performing most of the supporting duties of the department. A Financial Analyst II will be actively engaged in all areas below or may take a lead role in two or more areas below.
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Cash & Investment Management
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Bond Issuance & Compliance
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Financial Planning & Analysis (FP&A)
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Revenue Forecasting
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Rate Making
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Assist with developing presentations for various audiences, including investors, rating agencies, management, and the Board of Commissioners
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Recommend and implement solutions to strengthen controls and incorporate best practices
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Develop relevant reporting, including data preparation, report creation and quality control
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Provide financial training to the organization
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Establish metrics and key performance indicators
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Expected to comply with all BWL policies and work rules
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Other duties as required
Why Should You Apply?
Competitive wages, employee development, and opportunity for professional growth.
Robust time off benefits including vacation, free choice, sick leave, parental leave and 11 paid holidays.
Comprehensive benefits package offered including medical, prescription, dental, life insurance, long-term disability, employee assistance program.
Voluntary benefits including vision, supplemental and dependent life insurance, flexible spending, AFLAC options, LifeLock anti-theft, long term care, tuition reimbursement, and BWL's Home Purchase Plan – Forgivable $5,000 loan for purchase of a home in Lansing.
Retirement programs including 401(a) Defined Contribution Plan (DC) (100% company paid up to 9.5 % of base salary for BU positions and up to 13% of base salary for NBU positions), 457 Deferred Compensation matches up to $2,500 per year.
Post retirement benefits offered at the respective level of coverage, co-pays and health care premium, at the same level as active employees.
Two fitness centers located on site open 24/7, work life balance program, employee assistance program, free parking and much more!
About BWL:
The Board of Water & Light serves Lansing, Michigan, and surrounding areas with electricity, water, and steam. Lansing's city charter vests the BWL with full and exclusive management of water, steam, and electric services for or the city. The American Public Power Association has honored the Lansing Board of Water & Light as one of the country's best publicly-owned utilities.
The Location:
Lansing lies at the heart of the Great Lakes State and offers all the beauty and splendor of the four seasons. A haven for swimming, boating, fishing, snowmobiling, golf, and hunting, mid-Michigan is also just a couple hours from premier skiing and one of the most beautiful freshwater lakeshores in the world on our Lake Michigan Coast. Lansing itself is only minutes and miles away from two of the nation’s premier universities, Michigan State University and the University of Michigan, and boasts miles of walking, running, biking trails, Potter Park Zoo, professional sports, the arts, and fine dining.
