When answering this question, focus on your specific experience with budgeting and financial planning in the context of utility management. Highlight any relevant roles where you were responsible for financial oversight, cost control, and resource allocation. Provide concrete examples of how you developed and managed budgets, monitored financial performance, and implemented cost-saving measures. Emphasize your understanding of the financial challenges unique to utility management, such as fluctuating resource costs and regulatory compliance. For instance, you might say:
"In my previous role as a Utility Manager at XYZ Company, I was responsible for developing and managing the annual budget for our water and electricity services. I implemented a cost-saving initiative that reduced our energy expenses by 15% over two years by optimizing our resource allocation and negotiating better rates with suppliers. Additionally, I closely monitored our financial performance against the budget and made adjustments as needed to ensure we met our financial goals while maintaining service quality."
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