Job Purpose:
The Operations Business Analyst provides advanced financial and operational support to departmental leaders, with a strong focus on managing Operating Expense (OPEX) budgets, analyzing cost drivers, forecasting financial performance, and improving operational efficiency. This role serves as a key liaison between Finance and Operations, translating financial and workload data into meaningful insights that guide effective, data driven decision making. The analyst is responsible for O&M, Capital, and Revenue budgeting, cost analysis, productivity metrics, and development of reporting tools including Power BI dashboards.
Primary Functions:
- Collect, validate, and maintain operational financial data to monitor OPEX, Capital, and Revenue performance, budget adherence, and cost trends.
- Perform monthly variance analysis process, identify key drivers and prepare clear financial insights for explanations and recommendations for Operational leadership.
- Review financial transactions, identifying errors and ensuring accurate classification of expenses (prepaids, accruals, reclasses); prepare or recommend journal entries.
- Contribute to the development of dashboards, KPIs, and performance reporting to link operating costs to work volumes and productivity metrics to support understanding of unit-cost performance.
- Support the development and refinement of multi-year OPEX, Capital, & Revenue forecasts based on trends, expected changes in work volume or cost, and strategic initiatives.
- Collaborate with Operational leaders to align workload plans with financial targets, ensuring efficient cost management.
- Identify gaps in processes, tools, or data; and support implementation of operational improvements that enhance efficiency or reduce costs.
- Maintain and follow departmental policies, procedures, and documentation to ensure compliance with financial and regulatory requirements.
- Advise Operational teams on financial processes and controls, including purchase order creation, work order management, and invoice approvals.
- Prepare operational billings and ensure proper documentation is provided for accuracy and completeness of revenue capture.
- Support training initiatives on budgeting tools, operational procedures, and analytic processes.
- Perform other related duties as assigned.