Senior Vice President Financial Operations Needed White Plains, New York

Senior Vice President Financial Operations Position Open in White Plains, New York

The New York Power Authority is seeking a Senior Vice President of Financial Operations in their White Plains location.

White Plains, NY Senior Vice President of Financial Operations Job Description

The SVP of Financial Operations (SVP) will be reporting directly to the CFO. The SVP is responsible for compiling, developing and analyzing the organization’s long-term financial strategy. The SVP will also ensure appropriate programs, accounting principles, practices, and internal controls are in place and maintained. In addition, the role leads the corporate finance teams that are tasked with developing and generating financial management reporting, analyzing financial trends, calculating the monetary effect of potential business decisions and advising business leaders on their impact, and supporting corporate development efforts.

Providing strategic leadership and tactical support for the Authority’s fiscal operations this candidate will drive innovation in all areas of the financial function by taking full advantage of the latest business tools and best practices in financing, accounting and procurement.

The SVP will work collaboratively across all levels of the organization, including executive management members, Board of Trustees, oversight committees, and senior leadership in executing decisions with financial implications impacting the Authority. The financial operations group is comprised of the Budget & Business Controls, Treasury, Procurement, Finance and Controller departments totaling approximately 145 employees.

 In addition to the above duties, the successful job candidate will:

• Manage the annual business planning cycle, providing advice to senior leadership about the potential performance of the business and the choices to be made in delivering that performance.
• Provide leadership and guidance to the organization and finance function towards driving better holistic organizational outcomes – transition to a collective, versus siloed, outlook.
• Champion, along with the functional leadership, for excellent processes in each facet of the business with clearly acknowledged process owners and continual improvement programs.
• Align financial activities with corporate and departmental strategic goals and initiatives.
• Lead efforts to improve service to internal and external customers through innovation and application of best practices.
• Provide direction for the establishment, implementation and maintenance of corporate accounting policies and control procedures to protect the assets of the authority and ensure the integrity of financial information.
• Collaborate with Enterprise Risk and Internal Audit to evaluate and monitor internal controls to ensure the integrity of financial reports and the safeguarding of the company’s assets.
• Oversee the management of the Authority's participation and response to audits and other review processes of Authority operations by outside auditors, including the State Comptroller's office, the State Budget Division, the State Legislature, etc.
• Advise the CFO, the Board of Trustees, and other executives on matters pertaining to accounting, procurement, treasury and process improvement, and ensure all functions that s\he is responsible for are operating together effectively to achieve the Authority’s financial strategy.
• Ensure the Authority is in compliance with external accounting standards groups, such as FASB and GASB.

White Plains, NY SVP of Financial Operations Job Required Skills

Financial acumen: Knowledge and experience of financial and accounting operations, including debt management, and municipal finance, sufficient to support an electric utility.  Fully conversant with corporate and governmental accounting requirements and practices, including GAAP, FASB, GASB and effective budgeting and planning techniques.

Strategic acumen: Strong knowledge of finance/procurement/process improvement best practices, understanding of information management systems and experience to support business objectives.  Knowledge of credit ratings and rating agencies.

Leadership: Ability to help drive strategic change to meet organizational goals in a continuously changing environment. Lead and develop high performing teams committed to the strategy.  Foster trust and collaboration among team members and use teams to address and resolve relevant business issues.  Ability to manage human, financial, and information resources strategically and to build an effective team.

Interpersonal: Excellent written, oral communication, and presentation skills to effectively share information and work collaboratively with business unit management, executive management, and Board of Trustees.

Industry/role specific: Some knowledge of the electric utility industry including regulatory requirements and market structures.

Financial Operations SVP Required Experience

The successful candidate should have:

• Bachelor’s degree in economics, business (or related field), engineering, or science.  MBA/CPA/CFA preferred
• 15+ years of financial experience with increasing senior management responsibility, preferably with some experience within the electric utility industry
• Demonstrated experience in facilitating strategy and measurement development and leading process improvement/change management initiatives
• Broad familiarity with wholesale and retail electricity markets

 APPLY NOW

To apply online, send your resume and cover letter to NYPASVPFin@onlinedirectsourcing.com 

The New York Power Authority is an Equal Opportunity Employer

Risk Management Job Opening Miami FL

Risk Management Job Opening in Miami, Florida

Brightline has an immediate job opening for a Manager of Treasury and Risk Management in our finance department at our Miami, FL location.

Manager of Treasury and Risk Management Job Responsibilities

Miami, FL Risk Management Job Description

The Manager of Treasury and Risk Management will be responsible to develop and manage strategies, operations and policies related to the treasury function, including cash management, borrowing and payment processing. The Treasury and Risk Manager will report to the SVP Finance and Chief Financial Officer.

Miami, FL Risk Management Job Functions:

• Manage cash and investment portfolio
• Work closely with Risk Management team and external resources in performing risk analysis in order to maintain adequate insurance coverage
• Ensure treasury activities are in compliance with treasury policies, accounting guidelines and governance policies
• Manage debt obligations and lender/banker relationships
• Main point of contact with financial reporting team for all debt/bond related financial reporting
• Develop processes and systems to determine daily cash position; track and manage intra-company funding
• Forecast sources and uses of cash
• Manage payment processing and fraud prevention functions
• Other duties as assigned

Manager of Treasury and Risk Management Job Qualifications

Miami, FL Risk Management Job Experience:

Required:
• 7-10 years of experience in finance and treasury; strong treasury background
• Bachelor’s degree in business or finance discipline or equivalent work experience
• Experience in statutory and GAAP reporting
• Knowledge of capital and currency markets, accounting and finance
• Highly developed written and verbal communication skills for report writing, presentations and
interactions with diverse groups of people

Preferred:
• M.B.A. or other advanced degree in finance, economics, statistics or similar field

About Brightline Trains

Brightline Trains is an express, intercity passenger rail system providing a better alternative for the transportation needs of millions of Florida residents and visitors. Initially providing service between city centers in Miami, Fort Lauderdale, West Palm Beach and ultimately to the Orlando International Airport multi-modal hub, Brightline will reinvent what it means to travel by train in America by combining new trains, stations and service platforms into a fully integrated customer experience that creates a hospitality product in the transportation business that offers a simply smarter way to travel.

APPLY NOW

To apply, send a resume and cover letter to: Brightline@onlinedirectsourcing.com

Brightline is an Equal Opportunity Employer.

Electric Utility Senior Manager Job Opening in Minneapolis, MN

Electric Utility FP&A Senior Manager Job Opening in Minneapolis, MN

About Black Hills Corporation

A wide variety of energy sources have made Black Hills Corporation (NYSE: BKH) and its subsidiaries stable and diversified providers of low-cost reliable energy solutions to customers throughout the U.S.  Discover your career potential in the following opportunity:

Minneapolis, MN Senior Manager, Electric Utility FP&A Job Duties

PRIMARY FUNCTION:

Maintain an accounting system that includes organization, procedures, and records concerned with safeguarding assets, reliability of financial records and provides timely financial information to users (management, stockholders, and other users) of such information.  Responsible for timely and accurately reporting of all financial data and for providing financial reports required by company management, regulatory and rating agencies.  Develops, analyzes, and interprets statistical and accounting information to appraise profitability, capital expenditures and performance against budgets for the utility companies.  The accounting vision and direction for the utility companies developed by supplying management with consolidated financial reporting, analysis and forecast based on current operating trends.

ESSENTIALSENIOR MANAGER JOB FUNCTIONS: 

• Functionally supervise all accounting activities and provide direction for operations to ensure Accounting policies and practices support GAAP, regulatory requirements, and sound business practices.
• Interpret financial analysis and provide financial counsel to operations management.  This includes all levels of the organization with focus on recommendations for financial improvement. Particular emphasis to be placed on identifying opportunities to improve return on invested capital
• Support state regulatory process by interpreting financial data and information including 5 year planning on rate case strategies. Participate in meetings with regulatory staffs and commissions to explain financial systems and accounting methods.  As required, provide financial testimony in rate case proceedings.
• Exercises management authority concerning staffing, performance appraisals, promotions, salary recommendations and terminations in accordance with company policies and laws.  Provides guidance to manager in directing of work, appraising performance, rewarding and disciplining employees and addressing complaints and resolving problems of their respective staffs.
• Direct financial control over financial planning (budgeting), financial forecasting, and financial management processes to support achievement of financial objectives.   Perform leadership role on financial matters with the identified operations including the strategic planning process.
• Coordinate budget completion with operations and corporate organizations.
• Develop departmental objectives and recommend overall financial plans with respect to improving the effectiveness of assigned functions. 
• Assist management with completion of due diligence procedures primarily related to accounting and financial reporting systems.
• Assist management in identifying and evaluating the potential profitability and strategic compatibility of new services and special programs.
• Support the gas supply function for the gas utilities and be able to provide assistance with required SFAS 133 documentation.
• Interpret financial information for off-system sales as it relates to the electric utilities and provide directions for the accounting to ensure compliance with regulatory reporting and SEC reporting.
• Must be able to understand rate cases and rate making concepts and be able to direct those financial functions.

Minneapolis, MN Senior Manager, Electric Utility FP&A Job Qualifications

• 10 years of financial and business experience in the energy industry, with progressive responsibility.  Experience in the utility industry is required due to the regulatory environment and surrounding issues.
• Proficiency in Excel to create and support complex financial models that would normally be expected from someone performing this function for over five years.
• Ability to strategically plan and model different solutions to operating problems to help provide possible solutions and the financial impact.
• Must be able to prioritize workload and assign additional resources when needed based on the overall retail segment needs.

EDUCATION:

·         Bachelor’s Degree in Accounting/Finance or an equivalent combination of education and experience.

KNOWLEDGE:

• An in-depth knowledge of return on investment calculations and how to interpret the results and make recommendation on how to improve.
• An in-depth knowledge of calculating cost of capital under different capital scenarios and how to risk adjust the results.
• In-depth knowledge of FERC accounting and how to property apply FERC accounting in the electric and gas operations.
• Extensive knowledge of GAAP accounting principles and how to apply GAAP accounting principles in the gas and electric operations.

CERTIFICATIONS/CREDENTIALS:

·         CPA, MBA or CMA a plus.

Minneapolis, MN Senior Manager, Electric Utility FP&A Job Compensation

We offer an attractive salary based upon qualifications with competitive benefits and a supportive professional work environment.

To learn more about Black Hills Corporation, view a complete job description, and apply for this position please click on the following link or copy/paste it into your internet browser.

Apply Now

EEO Employer, Race, Gender, Veterans, Disability

Rapid City: Hidden gem of the West from Black Hills Energy on Vimeo.