Financial Analyst
Who We Are
Nexus Water Group is a leading regulated water and wastewater utility serving more than 1.3 million people across 12 U.S. states and 2 Canadian provinces.
“Nexus” means connection. Through the essential water and wastewater services we deliver, we have a very personal connection to the people, businesses, and communities we serve. This is why our operations are locally led and managed. Every day, over 1,200 professionals deliver vital, safe, and reliable service through over 670 water systems and 360 wastewater systems.
What We Offer
- 401k Company Match
- Vacation Accrual: Starting at 3 weeks per year
- Holidays: 10 company-paid holidays per year
- Floating Time: 16 hours of paid floating time per year
- Sick Time
- Additional Benefit Plans include Medical, Dental, Vision, Company-Paid Life Insurance, and more
- Training, Professional Certifications, and Education Allowance
Purpose of the Job
Imagine being part of a team that supplies the essential element for life. Water is the very foundation of this planet, the life-giving essence in all of us. Driven, knowledgeable and passionate about this essential resource, Nexus Water Group, is in the business of delivering a product everyone uses and depends on.
As part of our ongoing commitment to operational excellence, we are seeking Financial Analyst I or II in Sugar Land, TX. This role performs a broad range of financial and business analyses, reporting, budgeting, forecasting, and long-range planning activities. Responsibilities include reviewing financial and expense performance, evaluating rate of return, depreciation, working capital, and investments at the operating unit level, as well as analyzing and projecting trends in revenue, finance, and general business conditions. The Financial Analyst also supports and leads key aspects of the Business Unit rate case process, preparing analyses, rate filings, and responses to discovery requests for state regulatory agencies and commissions to support revenue requests and rate increase filings. The position level (I or II) will be determined based on the selected candidate’s experience.
What You'll Do
- Analyze actual-to-budget, forecast, and year-over-year variances, providing insights and recommendations to support management decision-making.
- Prepare and distribute monthly, quarterly, and annual financial reports and analyses for state operations.
- Partner with cross-functional teams to collect, analyze, and communicate financial results that support operational and strategic objectives.
- Develop, maintain, and present financial metrics, trends, and performance analyses for various levels of management.
- Budget and forecast assigned income statement and capital portfolio components on a monthly, quarterly, and annual basis.
- Assist in consolidating and maintaining business unit budgets, forecasts, and long-range financial plans.
- Support and lead regulatory proceedings related to rate changes, revenue requests, and other matters requiring governmental approval.
- Prepare and submit regulatory filings, annual reports, and other required documentation to regulatory agencies and commissions.
- Coordinate responses to regulatory data requests, discovery requests, and other inquiries from government agencies.
- Prepare financial analyses, written testimony, and presentation materials to support rate cases and regulatory initiatives.
- Reconcile, monitor, and track regulatory general ledger accounts and related financial activity across multiple companies.
- Implement and coordinate regulatory agency-authorized financial adjustments within company systems and processes.
- Leverage internal databases and analytical tools to perform qualitative and quantitative analyses, ad hoc reporting, and special financial studies.
- Support company accounting principles, practices, policies, and procedures while ensuring compliance with regulatory requirements.
- Partner closely with the Vice President of Finance to develop, maintain, and enhance budgeting, forecasting, regulatory, and financial reporting processes.
- Collaborate with other departments on business analyses, process improvements, and strategic initiatives that support organizational goals.
What You'll Bring
Education & Experience
- Bachelor's Degree in Economics, Accounting, Finance, or a related field.
- A minimum of 3 years of accounting and/or finance experience with increasing levels of responsibility. Must possess an in-depth understanding of GAAP.
- Experience with SAP, Adaptive Insights, SharePoint, MS Teams.
Knowledge, Skills, & Abilities
- Ability to maintain confidential information.
- Ability to analyze financial data and prepare financial reports, statements and projections.
- Communicates clearly in both written and verbal communications.
- Excellent problem solving skills.
- Excellent time management skills, including ability to multitask, prioritize and great attention to detail.
- Duties require broad conceptual judgment, initiative and ability to deal with complex accounting issues.
- Ability to work well in a team environment.
- Ability to read and comprehend regulatory financial statements.
Work Environment and Conditions
Work is primarily performed in an office environment under normal indoor conditions with minimal exposure to hazards. The role requires prolonged periods of sitting at a desk and working on a computer, including sustained screen use, as well as regular participation in meetings and use of standard office communication tools. Requires occasional standing and walking and lifting of light items up to 15 pounds. Occasional local travel may be required between company offices, facilities, or other business locations.
About Our Company
We are a proud Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any characteristic or condition protected by Federal, state, or local law.
We are an E-Verify participating employer.
Nearest Major Market: Savannah
