Principal Financial Analyst - Enterprise Strategy Valuation

Job Description

Join Puget Sound Energy, Washington’s largest energy company, and play a key role in helping shape the financial future of a complex, vertically integrated utility. In this highly visible position, you will perform quantitative and qualitative analyses that support short-, mid-, and long-term financial planning, resource investments, corporate strategy, and enterprise valuation. You will partner across the organization to develop consensus around planning assumptions and translate operational and financial data into meaningful insights for executive leaders, investors, and other key stakeholders.

This role offers a unique opportunity to develop a holistic understanding of the business, connecting operational performance, financial planning, and long-term value creation. Working closely with key partners, you will build and maintain financial models, analyze major infrastructure and utility investments, evaluate strategic scenarios, and communicate valuation insights that inform decision-making and investor perspectives.

The ideal candidate will bring strong financial modeling and valuation expertise, advanced Excel skills, and experience supporting large capital-intensive businesses. Knowledge of project finance, utilities, infrastructure investments, and VBA is highly desirable. Experience with Anaplan, SAP S/4HANA, or similar planning platforms is a plus, as PSE continues to modernize its financial planning capabilities.

This is a hybrid position with an expectation of spending approximately 50% of your time in the office, including at least one day per week in Bellevue, Washington. If you're seeking an opportunity to influence major strategic decisions, shape long-term business value, and gain broad exposure to one of the region’s most critical infrastructure organizations, we encourage you to apply.

All PSE employees are expected to uphold the safety compliance standards inherent in PSE’s operating and/or field procedures related to work responsibilities and promote and support a culture of total safety. Additionally, employees need to demonstrate commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. All duties are to be performed in accordance with all regulatory compliance obligations.

Job Responsibilities

• Develops comprehensive, complex models to create the five-year plan and evaluate financial and valuation impacts of operating and corporate initiatives, and conducts various ad-hoc strategic analyses throughout the planning cycle.
• Contributes to or may lead the delivery of recommendations resulting from quantitative and qualitative analyses. Anticipates and identifies areas of opportunity or inherent business risks evident in the data and communicates action plans to stakeholders.
• Develops consensus around analytical approaches and cultivates ties across business groups.
• Work with the various business units to help create a long-term forecast of the business from years 6 through 20 in support of the PSE’s strategic planning and year-end valuation.
• Conduct market-based guideline public company valuations and benchmarking analyses to corroborate income approach (discounted cash flow) results.
• Work with external consultants to make improvements to the enterprise valuation model as needed.
• Produces presentations for management, Board of Directors and external rating agencies.
• Continually improves forecast integrity by utilizing internal and external information resources, researching new financial metrics and modeling techniques, benchmarking, and data analytics.
• Leads the quarterly and annual enterprise valuation updates to PSE management and investors.
• Develops creative and complex spreadsheet modeling to integrate proposed and completed business transactions into a valuation model.
• Promotes best practices of modeling techniques, methodologies, controls and documentation.
• Instructs investor analysts on modeling PSE business activity.
• Provides guidance and expertise regarding the application of corporate valuation fundamentals to determine enterprise valuation.
• Provides analytic direction to the business case team by structuring analytical problems, identifying areas for further analysis and summarizing results for decision making.
• Promotes accountability of financial assumptions and results across the organization by communicating to and educating business groups about financial implications of business operations.
• Leads, trains, and mentors staff in the development, administration, and analysis of the short-, mid-, and long-term corporate financial plans.
• Supports various rate proceedings by answering data requests.

Additional Responsibilities

• Company & Industry Acumen - Consistently demonstrates a breadth of industry and company knowledge and viewed by peers and external leaders as a key resource; has the ability to extract key findings from an analysis and relay that information to key stakeholders; works to refine and expand knowledge base continually and drives improvement throughout processes.
• Collaboration - Partners with directors and senior management to drive strategic initiatives and long-term business objectives. Work products give leadership confidence in individual’s ability to drive collaborative efforts with some guidance.
• Customer Focus - Consistently anticipates customer needs and proactively identifies ways to improve customer experience.
• Innovation & Process Improvement - Takes ownership of personal and departmental responsibilities while identifying and proactively implementing improvements to processes, procedures and systems; that appropriately considers stakeholder feedback. Manages time to create capacity to focus on value added work. Ensures individual knowledge and skills are up to date with current industry standards and actively shares knowledge with others.
• Strategic – Uses strategic thinking and critical reasoning to create solutions and drive value within business and team to meet strategic objectives. Often anticipates and is proactive in addressing potential issues.
• Influence – Uses analysis to provide cross-functional feedback, aligned with strategic objectives, which supports and drives business decisions.
• Leadership - Provides guidance, assists in training, and delegates within department. Responsible for leading departmental and cross-functional project teams.
• Performs other duties as assigned.

Minimum Qualifications

• Bachelor’s Degree in Business, Finance, Accounting or related field and/or equivalent experience with progressively increasing level of responsibility
• 5+ years in finance roles with progressively increasing levels of responsibility
• Excellent communication, writing and presentation skills with the ability to interface effectively with all levels of management
• Ability to work effectively without direct supervision in a fast paced, stressful, and multitasking environment

Desired Qualifications

• Master's Degree in a quantitative field or MBA
• Applicable Finance Certification (CFA, CPA, CTP)
• Minimum 3+ years of financial modeling.
• Experience with enterprise, asset-based, or financial instrument valuation
• Experience working in professional services (Big 4), investment banking, infrastructure finance or project finance
• 5+ years of experience in the regulated utility, renewable energy, or oil & gas industries
• Demonstrated ability to manage multiple projects and create capacity
• Ability to adapt and react to unforeseen business decisions and situations
• Experience leading and delivering projects under tight deadlines

Additional Information