Financial Analyst

Welcome to the intersection of energy and home services. At NRG, we're all about propelling the next generation of leaders forward. We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers' lives easier-helping them power, protect, and intelligently manage their homes and businesses. To do this, we need creative and talented people to join our company.

We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.

More information is available at www.nrg.com. Connect with NRG on Facebook, Instagram, LinkedIn and X.

General Summary: Prepares forecasts and insightful analysis of trends in AR aging, bad debt and penalty revenues. Leads and supervise the maintenance and update of complex financial forecast models giving insight into AR aging, bad debt, penalty revenue, and various operating expenses that give senior leadership the ability to make strategic decisions. Supervises the production of timely standardized metrics/reports to support management decision. Independently conduct special projects and coordinate with other departments in the preparation of analyses.

Essential Duties/Responsibilities:

• Responsible for leading the production of timely and accurate weekly, monthly and quarterly metrics/reports that give leadership insight to delinquencies, bad debt, and penalty revenue.
• Prepares forecasts and insightful analysis of to identify trends in AR aging, bad debt and penalty revenues and present findings to senior management.
• Creates models for the analysis and presentation of monthly, quarterly, and annual variance reports against forecast and budget.
• Leads and supervise the maintenance and update of complex financial models that forecast bad debt, penalty revenue and other operating expenses.
• Independently conduct special projects and coordinates with other departments in the monitoring, reporting and control of macroenvironmental risk factors that drive bad debt.
• Works with Accounting to record month end accruals for month close process.
• Coordinate with key internal stakeholders throughout the company to determine appropriate modeling assumptions and structuring for bad debt.
• Leads the process of gathering, analyzing, preparing, and summarizing recommendations for bad debt optimization and drivers of bad debt including attrition, pricing, operational processes, etc.
• Respond to ad hoc reporting requests by management.
• Perform all aspects of work with a high degree of effectiveness, efficiency and accuracy

Education and Experience Requirement:

• Bachelor's degree in business, finance, accounting or economics from an accredited college or university, strongly preferred. A master's degree a plus.
• Minimum of 4 to 7 years of related experience to include but not limited to; accounting, financial forecasting, or financial analysis.

Additional Required Knowledge, Skills and Abilities:

• Knowledge of SAP and Power BI a plus
• Advanced MS Excel and proficient with other Microsoft office applications.
• Works independently through the use of initiative and self-motivation. Must be a self-starter able to work with minimal supervision.
• Adapts effectively to new and changing environments.
• Strong analytical and problem-solving skills with large amounts of data

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

Official description on file with Talent.