Project Financial Analyst

Exelon Corporation
Lusby, MD
Jan 10, 2022
Jan 15, 2022
Full Time
DescriptionAt Exelon, we've got a place for you!Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!PRIMARY PURPOSE OF POSITIONTo support Exelon Nuclear Project Managers in the monitoring and controlling of project budget, forecasts and expenditures through the development of project checkbooks and analysis of current and future expenditures.PRIMARY DUTIES AND ACCOUNTABILITIESApplies financial management tools and skills to prepare project checkbooks with input from the project manager that accurately reflect monthly/yearly budgets, forecast of future spends, and actual monthly expenditures. Processes approved Project Change Requests (PCRs) to update budgets in the project checkbook tool. Checkbooks are updated monthly and used to support monthly project financial debriefs. Routinely reviews and analyzes assigned checkbooks to seek out missing or incomplete project data (authorization history, milestone dates, form 4's, contract and requisition numbers, risk and opportunities sheets, etc?). (50%)Perform detailed analysis of real time monthly project expenditures to ensure costs are properly coded and identify project fiscal discrepancies. Assist project manager with resolution of discrepancies through communications with appropriate vendors or departments. (20%)Assists project managers in preparing, updating and analyzing project checkbooks including forecasts, actual costs, and budgets by taking into account previous month expenditures and accruals/CPAs. Identify any challenges to current year or project overall budget. As part of the forecast, develop project risks and opportunities to the project yearly budget. (15%)Perform Ad-hoc analysis and special projects relevant to financial controls: Focused area assessments (FASAs), benchmarking visits / studies, business plan initiatives, procedure revisions or new procedure creation, and training sessions. (10%)Assists the project manager in the development of PRC and NSAC financial presentations, monthly project reports, and CNO bi-monthly project reviews. Also provide project managers with financial guidance to keep within Exelon accounting practices. (3%)Post Implementation Appraisals (PIAs) ? Works with project managers to coordinate the review of project post implementation appraisals or PIAs. Compiles and trends the results of PIAs to further the knowledge and understanding of project successes and failures. Communicates results of PIAs annually to the project management peer group. (2%)JOB SCOPEResponsible for accurate reporting of all financial information on projects or portfolios ranging from $1m to $100m: budget, forecast and actual costsResponsible for accurate financial analysis and budget guidanceAssisting in preparation of monthly and periodic reportingQualificationsMINIMUM QUALIFICATIONSBachelor's degree (financial or engineering/construction management) with at least 5 years experience in financial budgeting, cost and/or project estimating experience. OrAt least 8 years experience in financial budgeting, cost and/or project estimating experience in related industry.Effective analytical skills combined with strong written and verbal skills.Thorough computer-based analytical skills (eg; Access, Excel-based analysis)PREFERRED QUALIFICATIONSMBA and /or CPA or PMPExpertise in PeopleSoft and Hyperion financial systemsExelon is proud to be an equal opportunity employer and employees or applicants will receive consideration for employment without regard to: age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law.VEVRAA Federal Contractor