Job Information
Massachusetts Municipal Wholesale Electric Company Lead Financial & Risk Analyst in Ludlow, Massachusetts
Lead Financial & Risk Analyst
Ludlow, MA
The Massachusetts Municipal Wholesale Electric Company (MMWEC) provides a competitive edge to Massachusetts municipal utilities. We plan, develop, and manage energy resources in an evolving marketplace that demands high levels of innovation and expertise. We remain dedicated to delivering low-cost, low carbon, and reliable electricity to municipal utility customers. At MMWEC, we take pride in fostering an environment that encourages employees to be passionate, energetic, proactive, and progressive.
We are currently seeking a skilled Lead Financial & Risk Analyst to join our team. In this role, you will lead the Treasury Analyst team, oversee daily cash and investment activities, ensure compliance with the General Bond Resolution, and manage risk insurance programs. You will also generate and review financial reports, develop financial models, and streamline financial analysis.
RESPONSIBILITIES
Coordinate daily cash and investment activities with the Treasury Team, providing backup coverage as needed
Ensure compliance with the General Bond Resolution and investment policy for MMWEC debt, cash, and investments
Deliver monthly Treasury reports to Members and Project Participants
Supervise the Treasury Analyst team in executing daily operations and required functions.
Create and maintain financial models
Generate and evaluate analytical reports and communicate findings
Develop a cash forecasting program
Handle risk insurance policy applications, renewals, or establish new coverage as needed
Perform treasury accounting functions
Prepare and review investment performance reports
Review or prepare detailed analysis of cash flow tracking and arbitrage rebate calculations
QUALIFICATIONS
Bachelor's degree in Finance or Accounting
5 to 10 years experience in treasury operations management, finance, accounting and/or enterprise risk management. CTP designation a plus
Experience in the municipal or utility industry is a plus. Knowledge of arbitrage regulations relating to tax-exempt bonds
Familiarity with ERP systems or various business management software
Ability to optimize or re-imagine current applications based on business needs
Experience with risk insurance programs
Proven success in cash management and cash accounting operations
Strong analytical and critical thinking skills
Proficiency with Microsoft Office including Excel macros, familiarity with Bloomberg
Detail-oriented, forward-thinking, able to handle multiple responsibilities simultaneously
Experience with team leadership or project management
Comprehensive medical and dental benefits with low employee cost from day one
Retirement savings plan with a 6% company contribution and up to an additional 3% company match
Earned vacation time, sick time, and 11 paid holidays
Professional development and tuition reimbursement opportunities
BENEFITS
Comprehensive medical and dental benefits with low employee cost from day one
Retirement savings plan with a 6% company contribution and up to an additional 3% company match
Earned vacation time, sick time, and 11 paid holidays
Professional development and tuition reimbursement opportunities
Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. So, if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
M assachusetts Municipal Wholesale Electric Company (MMWEC) eagerly accepts applications for employment from all qualified persons without regard to race, color, religious creed, national origin, sex, sexual orientation, GINA, marital status, gender identity, age, ancestry, veteran status, mental or physical disability, and political belief or affiliation.
JOB CODE: 121