Description

Salary Range: $122,178-$182,767

Relocation: No

About Us

Oncor Electric Delivery Company LLC, headquartered in Dallas, is a regulated electricity transmission and distribution business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor (together with its subsidiaries) operates the largest transmission and distribution system in Texas, delivering power to nearly 4 million homes and businesses and operating more than 143,000 miles of transmission and distribution lines in Texas.

Position Summary

As a Financial Planning (Analysis & Modeling) expert at Oncor, you’re responsible for the consolidation and modeling and analysis of all aspects of Oncor's projected financial statements. This is accomplished by compiling regulatory, accounting, tax, finance, core business and economic information and integrating these inputs into financial forecasts and various analytical models, including the corporate planning model. Due to the requirement to combine the regulatory construct with outside economic forces, the financial models and analysis are highly complex and variable.

We are considering applicants with multiple experience levels and skills. Please see below for minimum experience requirements for each level.

Key Responsibilities :

• Responsible for the development, maintenance and analysis of Oncor's long-term financial forecasting process to ensure assimilation of all relevant information into the financial and economic forecast models including: revenue, operating costs, capital expenditures, tax, cash flow, long-term debt, dividends, earnings monitoring report (EMR), etc.

• Operate the corporate planning model, with minimal assistance, in order to quickly generate numerous scenarios based on quickly changing assumptions.

• Ensures accurate assimilation of all relevant information and data into the financial models through interacting with other financial and operational planning organizations.

• Applies Public Utility Commission of Texas (PUCT) regulations as they apply to rate filings, as well as revenue and expense recognition.

• Recognize changes to critical factors that would likely impact financial projections and be able to incorporate new factors into the planning process.

• Provide decision support and advice on strategic issues and special projects.

Skills :

• Proven advanced analytic, modeling and forecasting abilities with a broad knowledge base that incorporates all components of the financial statements, including cash flow, detailed federal and state income taxes, pension & other post-employment benefits (OPEBS), long-term debt financing needs, and determination of dividends.

• Demonstrated ability to work with team members in a hands-on capacity.

• Effective communication with various levels of staff from executive management to line personnel to appropriately influence business decisions.

• Ability to think creatively, highly-driven and self-motivated.

• Capable of redirecting work activities based on changing senior leadership objectives.

• Exceptional Excel and financial modeling skills.

• Committed, goal oriented, and focused on results, requires minimal supervision.

• Strong skills in the areas of performance management, financial management, financial modeling, and strategic planning.

Education & Experience :

Financial Consultant Lead:

• Bachelor's Degree in Accounting or Finance and 5+ years of proven success in financial analysis, forecasting and modeling required.

Manager, Financial Planning (Analysis & Modeling):

• Bachelor's Degree in Accounting or Finance and 10+ years of proven success in financial analysis, forecasting and modeling required.

Additionally:

• Applicants with Master of Business Administration encouraged to apply.

• Applicants with experience in a regulated electric utility encouraged to apply.

Measure of Success :

• Satisfaction level of financial and accounting peers, officers and managers requiring financial planning support.

• Informative, timely and accurate financial forecasts and projections.

• Thorough financial analysis and communication of results.

• Analysis and forecast must be repeatable and stable in order to ensure credibility among users.

Benefits

At Oncor, we offer a comprehensive set of benefits, compensation and performance management programs designed specifically to attract, retain, motivate and reward our high-performing workforce. Our supportive and inclusive culture allows every team member the opportunity to thrive and make a difference. We invest in our employee’s success and well-being by offering such things as:

• Annual incentive program.

• Competitive health and welfare benefits (medical, dental, vision, life insurance).

• Ability to earn wellness incentives (up to $2,000 in 2025) and other wellbeing resources.

• 401k with dollar-for-dollar company match up to 6%.

• 401k match with student debt program.

• Cash balance pension plan.

• Adoption Assistance.

• Mental health resources.

• Employee resource groups.

• Tuition reimbursement.

• Competitive vacation, 10 company holidays and 2 personal holidays.

• Paid parental leave.

• Salary continuation for up to 6 months for approved employee illness or injury.

• Other perks such as commuter benefits, electric vehicle incentive program, appliance purchase plan.

Participation in benefit programs for employees in collective bargaining units is subject to the applicable collective bargaining agreement.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.