Current Opportunities >> Director, Financial Planning & Analysis (Downey - 05/2019)
Director, Financial Planning & Analysis (Downey - 05/2019)
Summary
Title:Director, Financial Planning & Analysis (Downey - 05/2019)
ID:10532
Subsidiary:Liberty Utilities
Department:Accounting & Finance & Audit
Location:Downey, CA
Country:United States
Zip/Postal Code:90241
Description

Liberty Utilities, a subsidiary of Algonquin Power & Utilities Corp, is a $10+ billion North American diversified generation, transmission and distribution utility. The distribution business group provides rate regulated water, electricity and natural gas utility services to over 750,000+ customers in the United States.  The transmission business group invests in rate regulated electric transmission and natural gas pipeline systems in the United States and Canada.  Our vision is to be the utility company most admired by customers, communities and investors for our people, passion and performance.

Our vision is to be the utility company most admired by customers, communities and investors for our people, passion and performance.

Description:

This management position leads the Regional reporting, analysis and forecasting function for the Distribution Business Group.  They key purpose purpose fo the role is to create value for all stakeholders by converting date about financial and operational results into management information and working with the Regional leadership team, use the management information to improve future results. 

Essential Functions:
This information is intended to be description of the key responsibilities of the position.  The following examples do not identify all duties performed by any single incumbent.

  • Lead the preparation of monthly management reporting of financial and operational results for the Region of the Distribution Business Group (DBG) including: P&L, balance sheet, capital expenditures, cash flow, key performance indicators (e.g., return on equity) and balanced scorecard metrics.
  • Collaborating with Regional and State stakeholders (Regional Leadership, Corporate Finance and state utility functions - Regulatory, Operations, Engineering, etc.).  Drive action to improve future performance and manager risk. 
  • Deliver value-added analysis and forward-looking insight to all stakeholders (DBG Leadership, Regional Leadership, Corporate Finance and state utility functions - Regulatory, Operations, Engineering, etc.).  Explain results against budget and prior year, ensuring stakeholder understanding of root causes of performance. 
  • Provide ad hoc financial support to Regional and State stakeholders. 
  • Continuously develop and improve reporting and analysis to advance understanding of company.
  • Working with regional financial reporting and accounting teams, ensure accuracy and completeness of monthly financial results by comparing preliminary results against budget.
  • Lead and manage the preparation of the Region's rolling forecast, ensuring it is updated at least quarterly.  On an annual basis, use the rolling forecast to prepare the Region's input to the Long Term Model and Budget (each delivered to the Board of Directors).  Working with the Regional leadership team, communicate and present the forecast/budegt to the DBG Leadership and Corporate Finance.  s
  • As part of the Region's rolling forecast, lead and manage the preparation of the Region's capital plan, ensuring it is updated at least quarterly and for all regulatory outcomes.  Working with state utilities, proactively manage the timing of capital expenditures, prioritizing projects to ensure the Region achieves its ROE targets..
  • Support Regulatory filings possibly including but not limited to providing and reviewing input and draft responses for filings appropriate for government agency requests.
  • Develop and monitor a strong control environment, ensuring adherence to internal controls, company policies, procedures, SOX requirements and GAAP.  Expedite remediation of any control deficiencies. 
  • Provide support for external and internal audits, resolving issues in a proactive manner. 
  • Coach and Develop direct reports with regular performance reviews related to SMART goal setting and achievement.
  • Foster an environment of excellence and teamwork where employees are disciplined in processes and work collaborating toward the achievement of personal, departmental and business goals and initiatives. 
  • Actively participate in the identification and execution of process improvement, best practive initiatives. Performs other duties as may be assigned.

Requirements:

  • Bachelor’s degree in Accounting or Finance. Knowledge of computer systems, billing software, accounts payable and cash receipts. Knowledge of all essential company financial functions.

  • Directs more than one team; determines team structure and roles of members.
  • Direct accountability for a team of generally 1-10.
  • Bachelor degree or equivalent.
  • Minimum of ten years experience.
  • Professional Accounting designation (CPA) and/or MBA with accounting experience.
  • Mastery of specific professional discipline combining deep knowledge of theory and organizational practice or expertise across several different disciplines within a function or several different job areas across functions. 
  • Valid State Driver’s License.

  • Work requires the ability to read and process at a college level various accounting and industry terms, spreadsheets, vendor invoices, state statutes, federal laws, line extension agreements, service area maps, correspondence, legal documents and contracts.

  • Work requires the ability to perform math calculations such as addition, subtraction, and algebra. Ability to calculate, add, subtract, estimate, communicate, understand and catch errors in customer service, vendor and finance daily activity.

  • Work requires the ability to effectively write letters, memos and emails to other management and external individuals. Must be able to summarize research performed in a manner that can easily be followed and presented to others.

  • Will work within and follow established budget guidelines and make sure proper managerial approval has been given for any expenditure. Will head finance functions of annual budget process in terms of compiling, documentation, analysis and presentation. Will provide assistance and feedback to managers during budgeting process. Will coordinate finance personnel budget work.

  • Work is widely varied, to include involvement with other management, vendors, developers, customer service, and operations personnel. Must understand the interdependency of all company operations and be able to analyze and prioritize situations as they arise on a daily basis.

  • Excellent written and oral communication skills are required. Facilitates work flow of finance personnel with other departments and home office. Must be able to manage personnel and various situations as they arise. Ability to communicate recommendations regarding procedure development and implementation.

Click for more information on what it's like to work here!  Power Your Career 

We are an Equal Opportunity/Affirmative Action Employer committed to building a diverse workforce as it values the knowledge, diversity and performance of our employees to make us a great company.​ Our Company strives to provide equal opportunity to qualified individuals with disabilities and disabled veterans.  As part of our commitment, we work to ensure our application process is accessible to all candidates. If you require special assistance or accommodation during the hiring process, please notify the HR Representative.

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