Budget Analyst (Fermi 2 Nuclear Power Plant)

Provides budget analysis and support at the Business Unit (BU) level. Compiles the BU budget taking into consideration actual performance, previous expenditures, estimated expenses and income. Maintains accurate expense (incurred, paid, etc.) records; may monitor budgets and accounts payable/receivables; prepares records, verifies, and analyzes transactions. Processes vendor invoices and acts at the liaison between the BU and the Controller's group, vendors, or other departments for contract- or budget-related information requests. Span of Control - 0 individual contributor role.

• Coordinates the development, implementation, and monitoring and reporting of the BU budget, including forecasts, working with the BU and Controller's group
• Collaborates with BU leadership to investigate and resolve discrepancies with budget-to-actuals comparisons; submits adjustments with accompanying explanations to the Controller's group.
• Monitors, reviews, and analyzes the budget; provides monthly variance reports to BU management regarding budget and invoiced transactions.
• Prepares routine and ad hoc journal entries and unbilled liability reports.
• Establishes short- and long-term budget forecasts.
• Assist Controller's group by gathering, validating, and analyzing financial data.
• Identifies, troubleshoots, and resolves budget-related issues; suggests process improvements.
• Utilizes a variety of continuous improvement tools to map and analyze budget-related processes; creates standard work instructions (SWIs) as necessary.
• Ensures the appropriate creation and maintenance of supporting documentation for BU budget-related activities.
• Works with Supply Chain and other BUs in the establishment of new contracts and purchase orders; ensures the accurate and timely processing of invoices.
• Gathers data from vendors in preparation for vendor creation and contract development (e.g. bid documents, terms and conditions, specifications); assures that work is performed in adherence with the contractual provisions and updated appropriately.
• Reconciles material and equipment charges using the Company's computer-based information system(s).
• Develops queries and reports investigating invoice and budget-relevant problems; communicates information to the appropriate parties.

This is a dual-track base requirement job; education and experience requirements can be satisfied through one of the following options:

• High School or GED with 5 years of financial or budget relevant experience, inclusive of accounts payable and contract administration experience - OR -
• Associate degree in business or finance discipline with 3 years of financial or budget related experience, inclusive of accounts payable and contract administration experience

Preferred:Bachelor's degree in business or public administration, accounting, finance, or related discipline with 1 year of financial or budget related experience.

• Proficiency in word processing, spreadsheet, and database applications sufficient to apply them with minimal guidance.
• Ability to analyze financial data and develop optimal recommendations and solutions.
• Project management, organization and planning skills; ability to coordinate deadlines and logistics to ensure the completion or projects within predetermined time frames
• Ability to work in an autonomous environment, independently resolving problems and proffering recommendations.

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.