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New York Power Authority

Senior Director, Corporate Finance

New York Power Authority, White Plains, New York, United States, 10606


Senior Director, Corporate Finance

Location:

White Plains, US

Summary

The Sr. Director, Corporate Finance is responsible for planning, leading, and managing a broad range of complex projects centered around Treasury, corporate and project financing, financial planning and managing execution of financial solutions with external financial relationships. This person will have an analytical team to support working closely on the analysis and decision-making of new and existing financing products with the CFO and Treasurer to identify financing needs and design the best financing solution for optimal NYPA benefit. This person will design and manage an execution strategy for the financial solution by leading a cross functional team across various staff levels. Additionally, this person will work closely with other business owners within and outside of the business unit to ensure other NYPA projects achieve appropriate financial risk allocation and best financial results for NYPA.

Responsibilities

Provide strategic guidance and direction in the development, implementation, transition, and advancement of the corporate finance and project finance strategy

Responsible for developing formal criteria for identifying, evaluating, prioritizing, selecting and approving corporate/project finance strategies in addition to external partners and advisors

Oversee the preparation of financial analysis, project finance structures and accounting evaluations

Provide updates to executive management on strategic financial initiatives

Lead NYPA's finance due diligence team in evaluating new project/business opportunities

Make investment recommendations to C-level executives and board members

Provide advisory services to NYPA's long-term financial strategy for project investment as needed by the CFO, Treasurer, and VP of Finance.

Lead project financing and other transaction negotiations including but not limited to acquisitions, divestures, purchase and sale agreements, and debt financing agreements

Oversee the department annual budget

Oversee, mentor and provide development guidance to early career treasury team members, with constructive feedback on projects, goals and accomplishments

Knowledge, Skills and Abilities

Excellent managerial and administrative skills are required, to handle multiple complex assignments

Excellent leadership to inspire and motivate others to perform well, ability to provide continuous feedback and encourage growth and development

Ability to develop team and individual contributors while ensuring quality of work, and ensuring the team understands assignments

Ability to manage teams in the development of a new financings and financial policy across the organization

Ability to develop and drive corporate finance and project finance strategic initiatives

Significant transaction experience and a demonstrated ability to lead complex structured capital investments in the U.S. energy, power, utility, and renewable energy sectors

Proven ability to make capital investment recommendations to C-level management and board members

Established track record of negotiating with reputable counterparties for structured project finance and bond transactions in the U.S. energy and utility industry

Understanding of federal and state utility regulations, Public Service Commission (PSC) policies and rulings, and FERC policy

Excellent presentation, verbal and written communication skills. Highly competent writing skills with ability to summarize complicated matters for a variety of audiences

Capable of handling highly confidential information discretely and responsibly

Education, Experience and Certifications

Bachelor’s degree in Finance, Economics, Accounting, or a business-related field

MBA or advanced degree in Finance or another business relative field is preferred

Minimum of 10 years of finance experience with a strong background in financial markets and financial structuring and negotiating preferred

Minimum of 10 years of project finance investment execution preferred

Minimum 3 years of management/supervisory experience preferred

Energy /utility industry experience is required

Physical Requirements

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $169,010.00 - $232,380.00. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.

NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email accessibility@nypa.gov .

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