Manager, Financial Planning & Analysis; FP&L

OVERVIEW

Energize your future by joining our team at Northern Virginia Electric Cooperative (NOVEC)! NOVEC’s mission is to create value for its members, employees and communities by providing safe, reliable electricity and quality products at competitive prices.

NOVEC is a locally owned electric distribution system headquartered in Manassas, VA. NOVEC provides reliable electric service to more than 180,000 homes and businesses in Clarke, Fairfax, Fauquier, Loudoun, Prince William and Stafford counties, the City of Manassas Park, and the Town of Clifton. NOVEC’s service reliability is the best in the region with a 99.99% average system reliability.

As a leader on the high‑tech frontier, NOVEC is using proven, cost‑effective technology to improve productivity and reliability, reduce expenses, and increase cybersecurity – a national priority. Today’s technology includes what the industry calls "smart grid", as well as fiber optics, and mobile workforce.

The selected candidate will be eligible to work a hybrid work schedule after successfully completing an on‑site introductory period (up to 4 months).

Relocation assistance is available for the successful eligible candidate.

NOVEC is unable to provide work authorization or sponsorship for this position.

• Lead, mentor, and develop the FP&A team, including analysts and financial staff.
• Oversee all budgeting, forecasting, and financial planning activities across the cooperative.
• Ensure strong internal controls, data integrity, and consistency of financial metrics and reporting.
• Serve as the primary liaison between FP&A, department leaders, and executive leadership.

• Direct the annual budgeting and long‑term financial planning process.
• Oversee the development and maintenance of long‑range financial models and scenario analyses.
• Provide financial insights to support strategic planning, major initiatives, and corporate objectives.
• Lead financial impact analysis for new programs, rate design considerations, operational changes, and regulatory requirements.

• Deliver monthly, quarterly, and annual financial performance reports to senior leadership and the Board.
• Drive the development of financial dashboards, models, and visualization tools to support decision‑making.
• Ensure timely and accurate completion of cost‑of‑service studies, capital planning analysis, and revenue projections.

• Partner with Engineering, Operations, Power Supply, and Member Services to evaluate financial impact of projects and strategic initiatives.
• Support power supply cost analysis, energy procurement planning, and cost allocations across functions.
• Collaborate with Accounting on monthly close, audit preparation, and financial compliance activities.

• Assist in rate case development, regulatory filings, and cooperative governance reporting.
• Prepare presentations and financial briefings for Board committees and executive leadership.

• Bachelor’s degree in Finance, Accounting, Economics, Business, or related field.
• 7–10 years of progressive experience in FP&A, corporate finance, or utility financial operations; electric utility or cooperative experience strongly preferred.
• Demonstrated leadership or supervisory experience.
• Comprehensive knowledge of financial planning, budgeting, forecasting, and variance analysis practices.
• Strong understanding of GAAP, financial statements, and internal controls.
• Proficiency with Excel, financial planning software, ERP systems (NISC or SAP preferred).
• Skill in using business intelligence and visualization tools (Power BI, Tableau).
• Knowledge of data modeling, KPI development, and financial analytics techniques.

• Master’s degree, MBA, CPA, CMA, or CFA.
• Experience with dashboards or visualization tools (Power BI, Tableau).
• Familiarity with RUS accounting standards, NRECA guidance, FERC standards, and cooperative governance models.
• Experience supporting rate cases, cost‑of‑service studies, or financial modeling in the utility industry.
• Knowledge of utility finance,…