For over 100 years, El Paso Electric Company has been serving West Texas and Southern New Mexico with safe and reliable electric energy. Today, we are a regional electric utility with over 1,000 employees providing generation, transmission and distribution service to approximately 400,000 retail and wholesale customers in a 10,000 square mile service area.
JUNE 18,2021 CLOSING DATE:
JUNE 25, 2021
GRADE LEVEL: 51-53
DEPARTMENT: FINANCIAL SERVICES
STARTING SALARY: $56,300 - $98,000 Salary is commensurate with experience.
JOB FAMILY SUMMARY PURPOSE
Under the general supervision of the Supervisor - Cash Management, prepares or directs financial reports and forecasts for planning, regulatory, or operational purposes, studies financing plans and other financial documents for financial planning purposes; and prepares technical reports for management. Reviews bank account analyses, maintains banking relationships and reviews bank credit worthiness
Bachelor’s Degree from an accredited college or university in Accounting, Finance, or related field; or an equivalent combination of training and experience
Master’s degree / CPA preferred; CTP professional certification preferred
0 - 5 years of experience
KEY JOB RESPONSIBILITIES
Must possess required knowledge, skills, abilities and experience and be able to explain and demonstrate with or without a reasonable accommodation that the essential functions of the job can be performed.
MINIMUM KNOWLEDGE, SKILLS & ABILITIES:
Knowledge of financial procedures and practices, research methods, financial analysis, presentation techniques, and technical writing methods.
Ability to research and interpret SEC requirements, guidelines and filings.
Ability to operate a personal computer in a network environment; prepare various spreadsheet applications, financial statements and analysis; interpret financial reports; present financial information and effectively communicate with management, regulators and the capital market.
Ability to access, navigate and retrieve information from the internet with a variety of browsers.
Knowledge of research methods and techniques in preparing financial analysis.
Ability to effectively manage several tasks at the same time.
Knowledge of capital markets, investments, and portfolio management practices.
Knowledge of financial practices and procedures, research methods and techniques in preparing financial analysis, and technical report writing, preparation and presentation.
Knowledge of accounts payable processes and procedures.
Knowledge of miscellaneous receivables processes.
Knowledge of Microsoft Office Products such as Excel, Word, PowerPoint, and Outlook.
Effective verbal and written communication skills.
Ability to maintain effective working relationships with officers, managers, fellow employees, and the general public.
Ability to maintain a strong sense of propriety concerning confidential matters.
ESSENTIAL JOB FUNCTIONS
Oversees and reviews daily cash position summary and predefined wire transfers, and arranges for the accomplishment of non-repetitive free form wires used in preparation of the daily cash position.
Prepares daily cash position reports.
Prepares and reviews financial analyses of company operations.
Performs monthly closing activities, including JE preparation and reconciliations.
Prepares, analyzes and reviews long-term and short-term financial forecasts and bank analyses.
Performs and reviews calculations of financial ratios and tests.
Creates and reviews computer-based models.
Prepares rate case schedules and testimony.
Drafts and reviews technical narratives and schedules for Company reports, SEC documents, regulatory agency reports and internal documents.
Reads and interprets complex legal documents.
Knowledge of projected cash flows, capital markets and investment strategy to manage short term investments.
Reviews and responds to request for information (RFI) as required.
Maintains bank and other financial institution relationships.
Invests cash of the company in compliance with specific parameters
Arranges for borrowed funds as necessary
Provides oversight for payables and miscellaneous receivables processes.
Assures that all financial covenant compliance requirements are timely and accurate. Maintains compliance database and files.
Assists in developing and maintaining policies and procedures for the department.
Keeps abreast of changing regulations within the utility and banking industry and/or business developments within the company by reviewing investment reports, regulatory, and other professional publications.
Complies with all applicable Company policies, procedures and code of ethics as well as all applicable governmental laws and regulations to include employment, safety and environmental standards and regulations.
Perform other related tasks that are not included, but are within the context of the duties defined.
The incumbents in this classification are not substantially exposed to adverse environmental conditions; primary work environment is typically an office or administrative nature.
May work non-standard hours.
May require travel to Company work sites.
May require out of town travel.
Sedentary work: Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Stooping: Bending body downward and forward by bending spine at the waist.
Crouching: Bending the body downward and forward by bending leg and spine.
Kneeling: Bending legs at knee to come to a rest on knee(s).
Reaching: Extending hand(s) and arm(s) in any direction.
Walking: Moving about on foot to accomplish tasks.
Pushing: Using upper extremities to press against something with steady force in order to thrust forward, downward or outward.
Pulling: Using upper extremities to exert force in order to draw, drag, haul or tug objects in a sustained motion.
Lifting: Raising objects from a lower to a higher position or moving objects horizontally from position-to-position.
Fingering: Picking, pinching, typing or otherwise working, primarily with fingers rather than with the whole hand or arm as in handling.
Grasping: Applying pressure to an object with the fingers and palm.
Feeling: Perceiving attributes of objects, such as size, shape and temperature or texture by touching with skin, i.e., fingertips.
Talking: Expressing or exchanging ideas by means of the spoken word; those activities in which detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.
Hearing: Ability to receive detailed information through oral communication, and to make fine discriminations in sound, such as when making fine adjustments on machined parts.
Repetitive motions: Substantial movements (motions) of the wrists, hands, and/or fingers.
Visual acuity: Color, depth perception and field of vision to include measurement devices for close inspection and analysis.
If interested in applying for this position, you must apply on-line by 5:00 PM, JUNE 25, 2021. (Please scroll back up to the “Apply Now” button)