Financial Analyst

Department/Agency of position: 
Northern Water
Location of position: 
Berthoud, CO
Dependent on Experience
Date Posted: 
Monday, December 3, 2018
Closing Date: 
Thursday, January 3, 2019
Job Description: 

Northern Water has an opening for a Financial Analyst. This position calls for a self-started and highly motivated individual with expertise government finance and accounting . This is an opportunity to work in a dynamic and growing organization in support of an established large-scale water project and two new projects nearing construction. Northern Water’s revenues come from a mix of taxes, rates and fees and our services are provided to businesses, farms and cities across an eight-county service area. Northern Water is proud of its reputation as a leading water delivery, conservation and management organization, not only in the western United States, but across the nation. We value our employees, and our compensation and benefits reflect a commitment to hiring and retaining the best. Apply to

Duties and Responsibilities • Work with departments to develop and monitor operating budgets and preparation of annual budget reports. • Provide information to departments and management to facilitate analysis of budget variance and financial trends. • Participate in the preparation of the five-year capital improvement plan by researching, updating and analyzing data and meeting with departments. • Provide support for indirect cost allocation and cost of services studies. • Assist in preparing the Forward Guidance document for future wholesale water assessments. • Support annual updates to the financial rate model. • Participate in the implementation of an indirect cost allocation plan including software configuration. • Review allotment agreements, intergovernmental agreements and other contracts in terms of their financial impacts. • Gather costs and help prepare external annual billings for pipeline and pump station assessments. • Support in the preparation of the C-BT carriage delivery charges and Windy Gap assessments. • Support water rate planning. • Implement the indirect cost allocation plan and help in the charges for services preparation. • Facilitate charges for services including internal and external labor charges. • Perform financial modeling of revenues and expense streams. • Perform financial research and development. • Support debt management related matters, including issuance of debt, management of financial instruments and agreements, and managing relationships with rating agencies. • Assist in maintaining the project accounting. • Participate in the upgrades of the Enterprise Resource Planning (ERP) system and implementation of a new budget system including detailed testing and preparation of test scripts and user guides. • Assist in external audit process. • Provide financial technical assistance to other departments. • Provide training as needed. • Other duties as assigned. Training Experience and Education Requirements

Training Experience Required

• Seven (7) years of financial management experience or accounting, preferably in the utility industry. Advanced experience in governmental budgeting theories and practices.

Education Required

• Bachelor of Science Degree in Finance, Accounting, or Business Administration with concentration in Accounting or Finance. Master of Business Administration is desired.


• Certified Public Accountant and/or Chartered Global Management Accountant preferred.