Engineering Capital Analyst at Veolia North America

Posted in Other 15 days ago.

Location: PARAMUS, New Jersey





Job Description:

Company Description

About Veolia
Veolia group aims to be the benchmark company for ecological transformation. In 2022, with nearly 220,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and replenish them. In 2021, the Veolia group supplied 79 million people with drinking water and 61 million people with wastewater service, produced nearly 48 million megawatt hours of energy and treated 48 million metric tons of waste. Veolia Environnement (Paris Euronext: VIE) generated consolidated revenue of €28.508 billion in 2021. www.veolia.com

Job Description

BENEFITS

Veolia's comprehensive benefits package includes paid time off policies, as well as health, dental and vision insurance. In addition, employees are also entitled to participate in an employer-sponsored 401(k) plan, to save for retirement. Pay and benefits for employees represented by a union are outlined in their collective bargaining agreement.

Position Purpose:

This position on the Engineering Team is responsible for assisting with the effective development and implementation of the $400M Utility Capital Plan including the review & monitoring of inflight projects to ensure procedural compliance of the cost and asset components of the projects included in the capital investment program from initiation to close. This role will assist with all project and program-related accounting activities and analyze project financials as directed. This role will act as the regional liaison between Corporate and Regional Engineering and asset accounting groups, devising methods for identifying expenditure trends in available information sources and identifying areas of process improvement and potential cost reductions. Lastly, this position will provide reports on financial performance measures on both a recurring and ad-hoc basis working closely with company personnel in accomplishing successful project delivery. Participates in, and actively contributes to, short and long-term system planning as assigned.

The candidate works closely with Engineering and Accounting, monitoring and managing the overall Utility Capital Plan for efficient & effective delivery, while enhancing the value of the asset portfolio and reinforcing/improving environmental and social governance initiatives.

Primary Duties/Responsibilities:

Work with stakeholder groups at the Corporate level to identify and develop areas of cost or process improvement as it relates to cost and asset accounting and to participate in process optimization. These activities include:


  • Present monthly financial analysis to the engineering team at the beginning of each month to inform business strategy.

  • Act as Corporate power user for capital budgeting/planning, fixed asset accounting and ERP systems including improvement or upgrade projects. Review changes with the regional teams, assist in System Integration and User Acceptance Testing, and assist with training to regional users upon Go Live.

  • Ensure accuracy and integrity of financial data by conducting thorough reconciliations and audits. Identify discrepancies and work collaboratively with relevant teams to resolve data inconsistencies.

  • Prepare regular financial reports, executive summaries, and presentations for senior management, highlighting key insights, risks, and opportunities. Contribute to the design and enhancement of financial dashboards and performance metrics.

  • Use this data to identify and present areas of process improvements within policy or within the financial system platforms to drive value for the business to improve integrity of financial accounting.

  • Develop and maintain complex financial models to facilitate accurate forecasting and scenario planning. Collaborate with department heads to gather inputs for budgets and forecasts, ensuring alignment with overall company goals.

  • Contribute to the development of processes and procedures to support capex activities related to Environmental, Social & Governance (ESG) activities.

  • Assist with document review and modification to implement these improvements.

  • Provide training for new employees on ERP and Asset Management platforms.

Qualifications

Education/Experience/Background:


  • Bachelor's degree in Engineering, Finance, Accounting, Economics, or a related field; MBA or relevant professional certification is a plus.

  • 5+ years of financial, cost accounting, project controller, or cost engineering experience.

  • 5+ years' experience in managing and adhering to project budgets and schedules.

  • Experience with Oracle-based financial/accounting/budgeting software is a plus.

Knowledge/Skills/Abilities:


  • Analytical mindset: Strong problem-solving skills with the ability to synthesize complex data into actionable insights.

  • Communication: Excellent written and verbal communication skills for presenting financial information to both finance and non-finance stakeholders.

  • Team player: Demonstrated ability to collaborate effectively with cross-functional teams.

  • Attention to detail: Meticulousness in data accuracy and financial analysis.

  • Technical proficiency: Familiarity with financial software, ERPs, and data visualization tools.

  • Adaptability: Ability to thrive in a fast-paced environment and manage multiple priorities.

  • Computer skills (MS Project, Google Suite, Oracle PeopleSoft, Oracle Hyperion or other planning/performance/budgeting tools a plus).

Additional Information

All your information will be kept confidential according to EEO guidelines.

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable law.




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