New York Power Authority
Senior Director, Corporate Finance
New York Power Authority, White Plains, New York, United States, 10606
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 strategyResponsible for developing formal criteria for identifying, evaluating, prioritizing, selecting and approving corporate/project finance strategies in addition to external partners and advisorsOversee the preparation of financial analysis, project finance structures and accounting evaluationsProvide updates to executive management on strategic financial initiativesLead NYPA's finance due diligence team in evaluating new project/business opportunitiesMake investment recommendations to C-level executives and board membersProvide 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 agreementsOversee the department annual budgetOversee, mentor and provide development guidance to early career treasury team members, with constructive feedback on projects, goals and accomplishmentsKnowledge, Skills and Abilities
Excellent managerial and administrative skills are required, to handle multiple complex assignmentsExcellent leadership to inspire and motivate others to perform well, ability to provide continuous feedback and encourage growth and developmentAbility to develop team and individual contributors while ensuring quality of work, and ensuring the team understands assignmentsAbility to manage teams in the development of a new financings and financial policy across the organizationAbility to develop and drive corporate finance and project finance strategic initiativesSignificant transaction experience and a demonstrated ability to lead complex structured capital investments in the U.S. energy, power, utility, and renewable energy sectorsProven ability to make capital investment recommendations to C-level management and board membersEstablished track record of negotiating with reputable counterparties for structured project finance and bond transactions in the U.S. energy and utility industryUnderstanding of federal and state utility regulations, Public Service Commission (PSC) policies and rulings, and FERC policyExcellent presentation, verbal and written communication skills. Highly competent writing skills with ability to summarize complicated matters for a variety of audiencesCapable of handling highly confidential information discretely and responsiblyEducation, Experience and Certifications
Bachelor's degree in Finance, Economics, Accounting, or a business-related fieldMBA or advanced degree in Finance or another business relative field is preferredMinimum of 10 years of finance experience with a strong background in financial markets and financial structuring and negotiating preferredMinimum of 10 years of project finance investment execution preferredMinimum 3 years of management/supervisory experience preferredEnergy /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.
New York is Powered by You
We are a team of over 1,900 energy technologists, IT specialists, business experts, hydro engineers, and other professionals leading the energy revolution. With state-of-the-art technology, advanced R&D, and a modernized infrastructure, we provide New Yorkers with low-cost, clean, reliable power - and we are well on the way to becoming the first fully digital utility in the country. At NYPA, you will be empowered to think big, do good, and transform the energy industry.
NYPA on Forbes "Best of" - again!
NYPA is ranked by Forbes as one of America's best midsize employers for 2022 for the fourth consecutive year! Browse today and apply.
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 strategyResponsible for developing formal criteria for identifying, evaluating, prioritizing, selecting and approving corporate/project finance strategies in addition to external partners and advisorsOversee the preparation of financial analysis, project finance structures and accounting evaluationsProvide updates to executive management on strategic financial initiativesLead NYPA's finance due diligence team in evaluating new project/business opportunitiesMake investment recommendations to C-level executives and board membersProvide 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 agreementsOversee the department annual budgetOversee, mentor and provide development guidance to early career treasury team members, with constructive feedback on projects, goals and accomplishmentsKnowledge, Skills and Abilities
Excellent managerial and administrative skills are required, to handle multiple complex assignmentsExcellent leadership to inspire and motivate others to perform well, ability to provide continuous feedback and encourage growth and developmentAbility to develop team and individual contributors while ensuring quality of work, and ensuring the team understands assignmentsAbility to manage teams in the development of a new financings and financial policy across the organizationAbility to develop and drive corporate finance and project finance strategic initiativesSignificant transaction experience and a demonstrated ability to lead complex structured capital investments in the U.S. energy, power, utility, and renewable energy sectorsProven ability to make capital investment recommendations to C-level management and board membersEstablished track record of negotiating with reputable counterparties for structured project finance and bond transactions in the U.S. energy and utility industryUnderstanding of federal and state utility regulations, Public Service Commission (PSC) policies and rulings, and FERC policyExcellent presentation, verbal and written communication skills. Highly competent writing skills with ability to summarize complicated matters for a variety of audiencesCapable of handling highly confidential information discretely and responsiblyEducation, Experience and Certifications
Bachelor's degree in Finance, Economics, Accounting, or a business-related fieldMBA or advanced degree in Finance or another business relative field is preferredMinimum of 10 years of finance experience with a strong background in financial markets and financial structuring and negotiating preferredMinimum of 10 years of project finance investment execution preferredMinimum 3 years of management/supervisory experience preferredEnergy /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.
New York is Powered by You
We are a team of over 1,900 energy technologists, IT specialists, business experts, hydro engineers, and other professionals leading the energy revolution. With state-of-the-art technology, advanced R&D, and a modernized infrastructure, we provide New Yorkers with low-cost, clean, reliable power - and we are well on the way to becoming the first fully digital utility in the country. At NYPA, you will be empowered to think big, do good, and transform the energy industry.
NYPA on Forbes "Best of" - again!
NYPA is ranked by Forbes as one of America's best midsize employers for 2022 for the fourth consecutive year! Browse today and apply.