Associate Business Manager
NextEra EnergyAbout the role
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. We operate through our regional subsidiaries to integrate renewable energy and strengthen the electric grid. Is creating a sustainable future important to you? Join our world-class team today
Position Specific Description
The Associate Business Manager is a Senior Professional role and will assist with the financial analysis and management of regulated utility activities across NextEra Energy Transmission to support month end close, forecast / budget, regulatory compliance, cash management, operational cost effectiveness, project execution, ratemaking and project debt needs. The role’s primary focus will be to support CAISO assets (Trans Bay Cable LLC, Horizon West Transmission LLC, and GridLiance West LLC)
Desired Qualifications:
• Knowledge of basic accounting principles
• Ability to read and analyze financial statements
• Financial planning and analysis experience
• Experience in SAP reporting tools (BPC/BOBJ)
• Advanced user of Excel
Technical/Functional Skills the team member will build:
• Analytical skills: Ability to visualize, articulate, conceptualize and/or solve problems by making decisions that are sensible given the available information. Research, devise and recommend financial and ratemaking strategies for regulated entities, while considering corporate & shareholder impact.
• Presentation skills: Opportunities and experience with presenting to senior NEET management and executives, along with external parties (regulators, intervenors, stakeholders)
• Learn about regulatory accounting and finance – NEET has over a dozen regulated operating transmission companies across the United States and Ontario, Canada – which span over multiple regulatory jurisdictions creating technical nuances and array of strategic opportunities
Leadership skills the team member will build:
• Project Management: The ability to lead without direct authority over the team
• Communication: The ability to apply critical thinking and analysis to communicate the “so what” clearly and concisely to appropriate stakeholders and audiences
Job Overview
Employees in this position support the overall P and L management of one or more NextEra generating assets or upstream/midstream assets that have achieved commercial operation. This role supports 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
- Assists in managing and improving the generating asset or upstream/midstream assets P and L including optimization of asset interaction with energy markets
- Completes budgets and monthly forecasts, financial analyses, ad hoc reports, and modeling
- Ensures compliance with power purchase agreements, land leases, financings and regulatory requirements
- Generates invoices for land owner payments
- Analyzes P and L variances
- Monitors project operations
- Conducts analysis on issues impacting operations and proactively identifies opportunities for improvement
- Participates in 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
• High School Grad / GED
• Bachelor's or Equivalent Experience
• Experience:2+ years
Preferred Qualifications
- None
Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: NextEra Energy Transmission, LLC
Relocation Provided: No
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.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to com
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