Website NextEra Energy
Date: Jun 3, 2019
Primary Location:
Company: NextEra Energy
NextEra Energy Transmission, LLC (NEET) is the leading competitive transmission company in North America. We develop, finance, construct, operate, and maintain transmission assets across the continent.
Position Specific Description
In this role you will be responsible for developing a financial strategy consistent with regulatory requirements that realizes the impact of relevant accounting, financial, investment, operational, and/or business issues facing NextEra Energy Transmission (NEET). This role works directly with executives on reviewing multiple financial scenarios to develop the business unit’s financial strategy. This position will coordinate with business partners including financial counterparts, regulatory attorney and operations to develop ongoing forecasting, planning and monitoring of the financial strategy. The strategy development will require extensive financial analysis that is coordinated across many NextEra Energy entities (e.g. tax, various accounting functions, risk management, etc.). This position will also be responsible for developing financial testimony for regulatory proceedings and works to prepare witnesses and materials for regulatory proceedings. Maintains development and monitors execution of the strategy through time by coordinating with business partners. Reports on variances from the strategy and develops alternatives to continue meeting financial objectives.
- Works with many teams across NextEra Energy to consolidate financial and regulatory information needed for analysis
- Works with executives to evaluate multiple financial scenarios to evaluate regulatory and financial impacts
- Leads rate case strategy and development for the financial aspects of the case
- Prepares for rate cases by developing financial analysis of NEET companies and other peer companies to evaluate potential hurdles and opportunities
- Prepares and reviews rate case financial testimony and exhibits
- Prepares financial analysis for communication to executives
- Stays abreast of regulatory environment that could impact financials
- Works closely with business partners to monitor ongoing strategy
- Develops strategic alternatives if strategy changes through time
Competencies include the ability to comprehend, analyze, frame and resolve complex analytical issues and distill them into simple to understand analysis for executive management decision making. This position requires a deep understanding of the drivers on the company’s financial structure, profitability, financial integrity and regulatory position. The successful candidate will be able to communicate complex topics in simple ways and have an understanding of regulatory accounting, revenue requirements and regulated cost recovery.
Candidates with the below experience/qualifications are highly preferred.
• CPA (Certified Public Accountant)
• CFA (Chartered Financial Analyst)
• Master’s – Accounting / Finance
• Experience in a rate regulated environment
Job Overview
Leaders in this position are responsible for the overall P and L management of NextEra generating assets that have achieved commercial operation. This role drives strategic decision-making with respect to such assets, including hedging, operations and maintenance. This role identifies opportunities and analyzes the impact on company financials to maximize P and L profitability.
Job Duties & Responsibilities
• Directs a team responsible for improving the generating asset’s P and L, operations monitoring, development and assessment of value-added ideas to optimize asset performance and increase profitability
• Prepares and reviews financial and regulatory forecasts and modeling, reviews financial statements, analyzes data and develops business opportunities to increase growth
• Ensures compliance with power purchase agreements, land leases, financings and regulatory requirements
• Assists in the creation of shareholder value by performing financial and regulatory analyses, reviewing acquisition opportunities, and building relationships with regional and federal regulators
• Maintains close working relationships with partners, customers and stakeholders
• Directs or assists with value-added projects such as supporting regional leadership in the development of strategic plans, mergers and acquisitions, project development, asset optimization, restructurings and building relationships with off-takers, landowners, and state and local regulators
• Performs other job-related duties as assigned
Required Qualifications
• Bachelor’s – Business Administration
• Experience:10+ years
• Supervisor/Management Experience:3+ years
Preferred Qualifications
• Master’s – Business Administration
Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: NextEra Transmission, LLC
Location: San Francisco, California
Other Work Locations: California
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
If you require special support or accommodation while seeking employment with NextEra Energy, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 844-694-4748. Please do not use this line to inquire about your application status.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.
Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland
Job Segment: Energy