Digital Job Fair: Vectren – Margin Analyst [APPLY HERE]
To analyze and project, over the short and long-term planning horizon, large customer margin, which is a critical input to the derivation of Earnings Per Share. This includes preparation of the annual margin budget and five-year forecast.
Work with all stake holders and subject matter experts to prepare Vectren’s annual large customer margin budget, requiring knowledge of large customer usage patterns, tariff rates and requirements, and existing contracts. Coordinate with marketing, the regulatory department, financial accounting, and others to extend the annual large customer budget to a five-year margin forecast.
Coordinate with Financial Accounting to understand and make improvements to calculation of actual margin and margin variances for each of four legal entities. Use Price-Volume Analysis (PVA) decomposition of actual margin variances into the drivers or causes of variances. Partner with Marketing to understand the implications of large customer economic, production, and weather impacts. Coordinate with marketing to arrive at by-customer forecasts for industrial customers, which incorporate known or expected process load, such that usage changes may be priced to arrive at accurate margin estimates. Prepare schedules for the monthly Margin meeting (volumetric comparisons, margin variances, projection summaries) and be able to explain variances and projection adjustments. Ad hoc analysis as required to address senior management questions and concerns regarding large customer margins.
Leverage PVA methodology to project year-end margin variances by driver/causation factor. Strive for continuous improvement in methodology of calculating, reporting, and analyzing large customer margin variances to better meet the needs of senior management.
Calculate, summarize, and explain all test year related revenue adjustments or proformas related to large customer volumes. Support testimony for assigned proformas. Ensure the regulatory models accurately reflect the proforma adjustments as calculated. Provide accurate and timely information related to data requests. Prepare Budget Bill Forecast file and annual true-up.
This is an individual contributor role with frequent interaction with regulatory, marketing, financial accounting, and customer accounting departments.
Education and Certifications
Degree in business, finance, accounting, economics, IT, or management. Master’s degree in business-related field a plus
2 – 4 years of experience in an accounting or finance role.
2-4 years in utility industry experience. Sales or revenue forecasting and/or variance reporting experience.
Functional/Technical Competency Requirements
- Analytical and detail-oriented with financial and technical aptitude. Knowledge of regulatory structure and rate design. Excellent PC skills, particularly Excel and Access. Ability to thrive in a sometimes ambiguous and stressful environment. Team player, able to collect, analyze, and report information from numerous sources
- Continuous improvement mindset.
Discover software proficiency, Banner and Bill Gen competency, Visual Basic code familiarity. Strong proficiency with Excel, Access, Word, PowerPoint, Outlook, and other Microsoft software. Ability to write functions, macros, execute pivot tables and filters, etc., in Excel.
Part or Full-Time
• First Shift
Vectren is committed to recruiting and retaining top talent in a wide range of skills and vocations. Our progressive corporate culture features an inclusive workplace environment and dedication to professional development. Learn more about Vectren and how you can build a long-term career in the energy industry.
Vectren Corporation is an Equal Opportunity and Affirmative Action Employer dedicated to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you have a disability and require a reasonable accommodation to complete our online application, please contact our Employment Office at (866) 200-5652. You may also send an e-mail to firstname.lastname@example.org.
Where to Apply – Online Application