Project Financial Analyst

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Location: Rutland County,
About the Job

Why you should join our team

The Project Financial Analyst is responsible for performing internal financial analysis and monitors budget, schedule and overall forecast constraints for VELCO’s capital projects, billable engagements and maintenance activities. They are also responsible for working with the Project Estimator, analyzing project costs, developing and maintaining cost information, and supporting project managers in the development of budgets and quarterly forecasts. Additionally, responsibilities include the performance of strategic initiatives and process improvements efforts to support the company’s vision and mission.

How you will make an impact

  • Develop and implement financial controls for VELCO’s capital transmission project program, billable engagements, as well as maintenance activities;
  • Monitor, maintain and analyze financial reporting processes to obtain information required to develop comprehensive financial reports, prepare monthly budget performance reports and prepare assets for inclusion in our continuing property records;
  • Actively participate in the financial forecasting process and conduct monthly reconciliations of project forecasts vs. actuals;
  • Identify trends in spend rates, variances to forecasts/budget, and work with project managers to adjust project financial forecasts;
  • Support the development and analysis of project and program of work financial performance metrics;

This job posting does not list all responsibilities of this position. For the full job description, please contact Human Resources.

Skills and Qualifications

Superior written and verbal communication skills at all levels and operating areas.

Excellent organizational skills and attention to detail.

Excellent time management skills with a proven ability to meet deadlines.

Excellent skills with Microsoft suite.

Excellent mathematical and analytic skills.

Education and Experience

Associate’s degree in accounting/economics/finance/business or equivalent experience. Understanding of utility infrastructure projects including expected expenditures, durations, and spend risks is a plus.

Important Considerations

  • Starting pay will be determined at the time of offer based on the experience, education, and training of the successful candidate.
  • This is a hybrid position and will require time at the Rutland campus on a weekly basis.
  • Eligible applicants must be authorized to work in the United States.
  • Any offer of employment will be contingent upon successful completion of a background screening, drug test and pre-employment physical. Documentation of a Covid-19 vaccination is required unless you qualify for an exemption.
  • VELCO is an Equal Employment Opportunity & Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran

The Fine Print

Must be able to perform typical administrative functions which may involve long periods of keyboarding and periodically of scanning, filing, copying, etc. Must be able to maintain fast pace while completing complex work, in potentially stressful situations, with competing priorities, within tight timelines and with frequent interruptions. Must be able to work additional hours when necessary.

Who VELCO is

Located in the heart of the Green Mountains, VELCO is the country’s first electric transmission-only company. We safely and reliably manage Vermont’s high voltage electric grid and continue to innovate in this space.  VELCO is a tightly knit, nimble group of mission-driven employees working collectively to advance our vision of creating a more sustainable Vermont.  We pride ourselves in how we do our work: we strive to give life to our Trusted Partner mission—to be transparent, accurate, reliable, and accountable—in all our work and interactions, internally and externally.

Everyone’s work is driven equally by our duty to keep the lights on and our vision of delivering real, sustainable value to our fellow Vermonters. If you are searching for an opportunity to make a big difference in a small company on course to accelerate electric grid transformation, come see what we have to offer.

VELCO’s commitment to our employees

  • Paid Time Off
  • Paid Holidays
  • Medical, Dental & Vision
  • 401K
  • Short Term Incentive Bonus
Employer's Approach to Diversity, Equity, & Belonging

At VELCO, we believe diversity, equity, and inclusion deepen expertise, perspective, and innovation. All insights, experiences, and backgrounds are needed for a brighter energy future and to create a sustainable Vermont. We welcome all to come learn, work, and grow with us.

Wage or Salary
$49,671.91 - $59,597.82