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Senior Financial Analyst - RPU

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Senior Financial Analyst - RPU

Salary

$88,718.00 - $130,469.00 Annually

Location

Rochester MN 55906, MN

Job Type

Regular FT

Job Number

2026ERP2

Department

Rochester Public Utilities

Division

RPU Corporate Services

Opening Date

12/10/2025

Closing Date

Continuous

+ Description

+ Benefits

+ Questions

POSITION DESCRIPTION

The City of Rochester invites applications for:

Senior Financial Analyst

Rochester Public Utilities

www.rpu.org

Our vision is based on six core values which are Safety, Integrity, Service, Stewardship, Accountability, and Skill.

RPU, a division of the City of Rochester, MN, is the largest municipal utility in the State of Minnesota. RPU serves over 5 7 ,000 electric customers and 42000 water customers in a 60 square mile service area and has revenues nearing $161 million annually.

Limited Term Appointment

This position anticipated to last 18 - 24 months to support the City of Rochester's implementation of a new Enterprise Recourse Planning software. This role is contingent upon the availability of allocated funds, as well as favorable performance by the incumbent.

Nature of Work

The Senior Financial Analyst performs complex budgeting and accounting functions; conducts financial, statistical, and analytical studies; prepares and assists in the preparation of financial and regulatory reports, statements, and claims for reimbursement according to prescribed guidelines; performs related duties as required.

The position exists to fulfill the financial analysis and information needs for all levels of management and serves as the financial, budget, cost and rate analyst for Rochester Public Utilities. The incumbent will design, create, and maintain systems used to effectively initiate, record, and report financial transactions and operational statistics.

2025 salary range is $88,718 to $104,375, depending on qualifications, with advancement to $130,469.

To have your application considered in the first round of application review, apply before December 29th, 2025.

The City of Rochester will not sponsor or transfer visas for this position including F1 OPT STEM.

DUTIES AND RESPONSIBILITIES

The work below is representative of the scope of work performed within this job classification. Individual job duties will vary based on work assignment.

*Budget Development/Monitoring

+ Develop the annual schedule for RPU budget preparation.

+ Coordinate the development of required budget model components by Finance staff.

+ Provide technical expertise in creating or modifying budget collection/consolidation applications in budget software and create new budget coding.

+ Offer information and assist/train staff and executive team in budget preparation, implementation, and control.

+ Arrange, balance, compile and enter budget data; perform statistical analysis of cash flow and budgets.

+ Prepare and execute quarterly budget reviews with each manager; monitor and evaluate budgets and cash flow for appropriateness to ensure fiscal solvency and accountability.

+ Prepare the official budget document that is approved by the RPU Board of Directors.

*Accounting

+ Perform complex accounting functions for internal departments.

+ Maintain chart of accounts; audit and post general ledger proposed entries; review and reconcile account and fund balances; analyze and assign codes in accordance with state reporting and regulatory requirements.

+ Review documents and claims for accuracy, completeness, and uniformity to rules, regulations and laws; coordinate, prepare and review year-end closing process.

+ Lead work order closing/fixed asset unitization process while gathering information from various sources to determine what assets were installed and the appropriate value to capitalize.

+ Monitor accounts receivable and accounts payable, performing periodic reviews of financial reports to verify accuracy and fiscal solvency.

*Research and Data Analysis

+ Research and analyze financial data for internal and external customers.

+ Create, organize, and maintain files using database and spreadsheet programs.

+ Collect, retrieve and organize data into required reporting formats to identify financial discrepancies and resolve client inquiries.

+ Recommend solutions ensuring that corrections or changes are implemented properly.

*Financial Forecasting

+ Produce multi-year forecasts including retail sales and revenue forecasts using multiple statistical methods and econometric inputs to include forecasting major expenses such as purchased power and water treatment chemicals which are driven by retail sales volume, labor, capital, and cashflow.

+ Prepare periodic cash forecasts and initiate deposits to or draws from the City Investment Pool as needed.

*Financial and Regulatory Reporting

+ Prepare complex financial reports as required by City Charter and other regulatory agencies. Current agencies include but may not be limited to: the Federal Energy Regulatory Commission (FERC), Midcontinent Independent System Operator (MISO), the Energy Information Administration (EIA),and the MN Department of Commerce.

+ Assist in compiling data and interpreting legal reporting requirements and regulations.

+ Create and maintain statistical reports.

+ Plan and monitor timelines to meet strict deadlines in reporting regulations.

+ Review and verify statistical and financial information including independent audit reports and long-term debt documents.

Rates and Cost of Service Studies/Debt Management

+ Compile and prepare data for the development of the cost of service studies and subsequent rate design.

+ Create, organize and maintain files using databases and spreadsheets to determine revenue requirements and proper customer classifications.

+ Develop rates/prices for non-retail/non-commodity services such as steam billing rates, billing fees, reconnect fees, and after-hour field services.

+ Maintain rates in the billing system for commodity, demand, and customer charges, as well as miscellaneous fees and taxes.

+ Calculate and communicate the Power Cost Adjustment (PCA) to be billed to customers on a monthly basis.

+ Determine the proper accounting treatment for new and refunding bonds.

+ Assist in the preparation of documents for official statements, continuing disclosure and arbitrage reporting.

+ Be responsible for cash draws for construction funds and debt payments.

Perform other duties as assigned or necessary.

*ESSENTIAL FUNCTIONS

MINIMUM QUALIFICATIONS

Education and Experience

A Bachelors degree in Accounting, Finance or closely related field from an accredited four-year college or university AND three years of full-time employment experience.

OR

An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job may also be considered.

If this work interests you but you are unsure if you meet all the job requirements listed above, please apply anyway! Your experience is likely more applicable to the role than you think, and the City is interested in candidates who can bring not only technical expertise but a variety of lived experience to the team.

Licenses and/or Certifications

Valid driver's license

Desirable Qualifications

Master's degree in Business, Accounting or Finance; Certified Public Accountant (CPA), Certified Management Accountant (CMA).

ADDITIONAL INFORMATION

PHYSICAL AND ENVIRONMENTAL CRITERIA

In compliance with the Americans with Disabilities Act, the following represents the physical and environmental demands for this position. The employee must be able to perform the essential functions with or without accommodation.

In consideration of the overall amount of physical effort required to perform this position, the work is best described as Sedentary Work : Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Physical demands that may be required continuously (2/3 or more of the time), frequently (1/3 to 2/3 of the time), and occasionally (up to 1/3 of the time) are noted below:

Continuous demands: sitting, fine dexterity

Frequent demands: standing

Occasional demands: walking, bending, lifting, reaching, handling

Sensory requirements necessary in the performance of the essential functions of this position include: (options - sight, hearing, touch, taste, or smell).

Environmental conditions that may exist in the performance of the essential functions of this job include: NONE (not substantially exposed to environmental conditions)

EMPLOYEE BENEFIT AND RETIREMENT SUMMARY (https://www.rochestermn.gov/home/showdocument?id=36371&t=637988555643816877)

01

The following supplemental information may be used as a scored evaluation of your knowledge, skills and experience. Be certain that the choices you make correspond to the information you have provided in your application and resume. By completing this supplemental questionnaire you are attesting that the information you have provided is true and accurate. Any information provided may be reviewed by the hiring manager. Any misstatements or falsification of information will eliminate you from consideration or may result in dismissal. Do you understand and agree with this statement?

+ Yes

+ No

02

What is your preferred name?

03

Will you now or in the future require sponsorship for employment visa status (e.g., H-1B visa status)?

+ Yes

+ No

04

Which of the following best describes your level of education?

+ High school diploma or equivalent G.E.D.

+ Less than 2 years post-secondary training

+ Completion of a 2 year program or degree

+ Completion of a 4 year program or degree

+ Completion of a Master's degree

+ Completion of a Doctorate degree

+ None of the above

05

Other than your High School diploma/GED, which of the following best describes the field of study for your major/degree?

+ Business Administration

+ Accounting

+ Finance

+ Economics

+ A field of study closely related to the above

+ My degree is in an area NOT RELATED to any of the above

+ N/A - I do not have a degree

06

Which of the following best describes your years of full-time employment experience in budgeting, fixed asset accounting, research and data analysis, financial forecasting, financial and regulatory reporting, rate development, debt management, audit and internal controls and general ledger accounting?

+ No experience

+ Less than 1 year

+ More than 1 year, but less than 3

+ More than 3 years, but less than 5

+ More than 5 years, but less than 7

+ More than 7 years, but less than 10

+ 10 or more years

07

Tell us how your professional, educational and lived experiences would help you be successful in this role.

08

Which of the following accounting-related certifications/designations do you currently possess? (Select all that apply)

+ Certified Public Accountant (CPA)

+ Certified Management Accountant (CMA)

+ Certified Financial Manager (CFM)

+ Certified Fraud Examiner (CFE)

+ Certified Financial Planner (CFP)

+ Certified Internal Auditor (CIA)

+ Enrolled Agent (EA)

+ Certified Government Financial Manager (CGFM)

+ Certified Public Finance Officer (CPFO)

+ Other (List below)

+ N/A - I do not possess any accounting-related certifications/designations

09

Which of the following best describes the size of the organization, in terms of total annual revenues where you obtained a majority of your years of fulltime accounting and/or finance experience?

+ Less than $500,000

+ More than $500,000, but less than $2,500,000

+ More than $2,500,000, but less than $10,000,000

+ More than $10,000,000, but less than $25,000,000

+ More than $25,000,000, but less than $50,000,000

+ More than $50,000,000, but less than $100,000,000

+ More than $100,000,000

+ N/A - None of the above

10

Which of the following best describes the size of the organization, in terms of total number of customers or citizens, where you obtained a majority of your years of fulltime accounting and/or finance experience?

+ Less than 2,000

+ More than 2,000, but less than 5,000

+ More than 5,000, but less than 10,000

+ More than 10,000, but less than 20,000

+ More than 20,000, but less than 50,000

+ More than 50,000, but less than 100,000

+ 100,000 or more

+ N/A - I do not have any experience in this area

11

Did your years of full-time employment experience in budgeting, fixed asset accounting, research and data analysis, financial forecasting, financial and regulatory reporting, rate development, debt management, audit and internal controls and general ledger accounting include performing any of the following? (Select all that apply)

+ Coordinate and manage the organization's budget process, as well as producing the final budget documents.

+ Perform work order closing and fixed asset unitization process.

+ Recommend and implement needed process improvements and automation of financial operations, software systems and analysis to improve productivity and internal control

+ Prepare monthly journal entries, review and reconcile account and fund balances.

+ Research and analyze financial data for internal and external customers.

+ Plan and monitor processes, such as monthly financial closings, and reconciliations to ensure that routine daily, weekly, monthly and/or annual activity is completed on a timely and accurate basis

+ Prepare retail sales and revenue forecasts using multiple statistical methods as well as labor and cash flow forecasts.

+ Prepare complex financial reports required by regulatory agencies.

+ Compile and prepare data for the development of cost of service studies and rate design.

+ Determine the proper accounting treatment for new and refunding bonds, as well as assist in the preparation of bond related disclosures.

+ N/A - None of the above

12

Does your professional accounting-related employment experience include working with any of the following? (Select all that apply)

+ Annual Budgets

+ Multi Year Budgets

+ Long Term Financial Projections

+ Fund Accounting

+ Financial Statement Reporting for Fund Based Entity

+ Financial Reporting for a Publicly Traded Entity

+ Financial Reporting for a Non Public Entity

+ Bond Issuance and Bond Reporting

+ Compliance Based Reporting

+ Cost of Service Rate Base Calculations

+ Internal Controls Implementation

+ Job Cost Accounting

+ Purchase Process Controls

+ Capital Assets Accounting, Unitization

+ Payroll processing and reporting

+ Inventories

+ Sales and Use Tax calculations

+ Accounts Receivable

+ Collections

+ Accounts Payable

+ N/A - None of the above

13

Which of the following best describes your overall employment experience managing or leading projects?

+ N/A - I have no experience in this area

+ Limited - I have been responsible for managing project(s) with a predetermined scope and timeline, involving a single process or functional area.

+ Moderate - I have been responsible for managing complex project(s) with a broader scope and undefined timeline, providing work direction to internal resources, and involving multiple functional areas. I have had training in project management techniques and best practices.

+ Extensive - I have been responsible for initiating, designing and executing individual project plans; defining the scope and establishing the timeline; monitoring the project budget; providing work direction to internal and external resources; and involving multiple functional areas and/or entities.

14

Which of the following project management-related certifications/designations do you currently possess? (Select all that apply)

+ Project Management Professional (PMP)

+ Program Management Professional (PgMP)

+ Portfolio Management (PfmP)

+ PMI Professional in Business Analysis (PMI-PBA)

+ Other (List below)

+ N/A - I do not possess any project management-related certifications/designations

15

Which of the following best describes your overall employment experience leading or as a team member of a financial software system implementation project?

+ Limited - I have been responsible for assisting with a financial software system implementation project by testing system results during implementation.

+ Moderate - I have led the implementation of one or more modules of a financial software system involved in the design, testing, training, implementation, and post-go live stabilization of those module(s).

+ Extensive - I have been responsible for initiating, designing and executing financial system software implementation project plans; defining the scope and establishing the timeline; monitoring the project budget; coordinating the work of internal lead personnel responsible for individual software modules, coordinating the contracting for and use of external software consultants; and updating/involving executive project sponsors as needed.

+ N/A - I have no experience in this area

16

Please indicate the accounting software programs that you are experienced in using. (Select all that apply)

+ Oracle / PeopleSoft / JD Edwards

+ SAP

+ Cayenta

+ Budgeting software

+ N/A - None of the above

17

Please indicate the current versions of software that you are PROFICIENT in using: (select all that apply)

+ Microsoft Office Excel

+ Microsoft Power BI

+ Microsoft SharePoint

+ CoPilot/Chatgbt agents

+ Cognos, Cetova or other similar report writing/budget/forecasting/analytic systems

+ ImageNow, Laserfiche or other Enterprise Document Management System

+ None of the above

18

Which of the following best describes your level of proficiency with Microsoft Excel?

+ No experience

+ Limited – I am somewhat familiar with its functionality

+ Moderate – I have used it to organize data (formulas) and/or create graphs and charts

+ Extensive – I use Excel as a regular part of my job and can create pivot tables and scripting.

19

Do you have a valid driver's license?

+ Yes

+ No

20

CONDITIONS OF EMPLOYMENT: City policy requires that finalists are required to undergo a background investigation which may include, but not limited to: verification of employment and educational records, identification verification, driver's license record and a criminal history. Please note that a criminal conviction does not automatically disqualify an applicant from consideration for employment with the City of Rochester. If selected as a finalist, are you willing to undergo a background investigation?

+ Yes

+ No

Required Question

Employer

City of Rochester

Address

201 4th Street SE Rochester, Minnesota, 55904

Phone

(507) 328-2555

Website

https://www.rochestermn.gov/employment

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