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National Grid Principal Analyst Corporate Finance in Waltham, Massachusetts

About us

National Grid is hiring a Principal Analyst for Corporate Finance.

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.

To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.

About the role

The Principal Analyst, New England Financial Planning & Analysis

• Drives the plan to perform process associated with National Grid USA’s New England business to deliver annual operating budgets, forecasts, as well as longer-term business plans, with finance and business insights

• Works with the New England Finance Business Partnering team regarding key assumptions that will drive results and strategy of businesses

What You'll Do

  • Plan to perform process for the New England business to drive and deliver annual operating budgets, forecasts, as well as longer-term business plans

  • Drive the requirements, governance and timeline put forth by the Group FP&A team to stakeholders

  • Produce budgets and business plans in accordance with FERC/utility ratemaking, US GAAP and IFRS

  • Collaborate with New England Finance Business Partnering to:

  • Develop, drive and challenge business assumptions that are critical to the New England business in respect to short-term results and longer-term strategy

  • Produce budgets, models and associated documents in line with Group and wider business needs

  • Run scenario analyses and other ad-hoc requests for key investment decisions, prospective rate filings, etc.

  • Partner with the Controllership to ensure proper tie-in between record to report and plan to perform processes (i.e. bridge from actuals to budget/forecast)

  • Drive continued step-change to improve plan to perform process while maintaining necessary SOX requirements

  • Work with peers within the US Controllership to drive an inclusive and collaborative team environment

  • Provide leadership, support, and mentoring / coaching to develop and build an effective team

What You'll Need

  • Bachelor’s degree required and MBA preferred in Finance or Business

  • 7 or more years of progressive Finance or leadership experience, including financial management and organizational budgeting

  • Budgeting and long-term financial planning

  • Financial analysis

  • US GAAP and IFRS accounting

  • FERC/utility ratemaking a plus

  • Utility accounting and finance experience

  • Process implementation and monitoring

  • SOX-grounded plan to perform processes

  • Finance/budgeting systems

  • Effective business partnerships

  • Working across departments and geographic boundaries

More Information

#LI-NK1 #LI-HYBRID #LI-GAAP

Annual Salary

$134,000-$158,000

Salary commensurate with experience.

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise.  We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve.  National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.

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