Analyst

Job Summary

This position is accountable for supporting the Treasury & Risk Management Group at WEC Energy Group and subsidiaries, including We Energies, Wisconsin Public Service and various other companies within WEC Energy Group.

Job Responsibilities

• Credit Evaluations - examine the financial statements and ratings of about 100 counterparties we engage in transactions with in the natural gas market and energy market, including very large customers as part of a proposed electric rate tariff in Wisconsin
• Monitor Collateral – track the details of guarantees and letters of credit from counterparties for terms and expiration dates to keep them up to date
• Financing –Support the long-term debt and equity financing process by preparing offering documents including derivative contracts, pro forma financial statements and responding to investor diligence
• Compliance – Perform compliance related work activities to ensure compliance with long-term debt portfolio and equity issuances for WEC and subsidiaries and respond to investor inquiries. Includes coordinating and executing various required financing agreements and documents, tracking and reporting on derivative contracts, bank conference calls, due diligence meetings, and preparation of board resolutions, PSCW applications, and SEC filings
• Reporting – prepare debt and equity-related reporting for SEC filings, regulatory and internal management
• Accounting – ensure appropriate accounting related to WEC debt portfolio along with equity issuances and oversee our daily cash reconciliation activity between the bank and accounting system including serving as a backup to the analyst that performs the daily activity
• Other
  • Respond to data requests from internal and external stakeholders (investors, regulators, auditors, etc.)
  • Incumbents will conduct increasingly complex assignments depending on level
  • The senior levels will provide work direction to teammates and assist in the prioritization of their work load, provide training to departmental staff and clients, and will proactively take the lead role in improving processes, technologies and business solutions.

Minimum Qualifications

• Bachelor’s Degree required in Finance, Accounting, Economics or a closely related field
• Ability to maintain, run and analyze reports from various ERP systems and reporting tools
• Experience with SAP, SAP BW and SAP BusinessObjects Analysis
• Understand aspects of accounting theory and financial statement classification
• Document advanced processes and procedures in ways easily understood and followed by others
• Independent, mature and professional worker and analytical thinker with an ability to conduct research, data analysis and resolve increasingly complex problems
• Strong presence with the ability to interact with Finance Leadership
• Compile and present various financial reports to manager and director level management
• Understand specific aspects of accounting theory and financial statement classification related to assigned areas of responsibility
• Demonstrate ability to understand and execute moderately complex financial controls 

Preferred Qualifications

• Bachelor’s degree in Accounting, Economics or Finance
• 2-5+ years of relevant experience
• Strong attention to detail and the ability to manage competing priorities among several stakeholders
• Experience using SAP
• Experience using Bloomberg
• CTP, CFA or CPA preferred
• Experience with credit evaluations and collateral monitoring