Wednesday, September 7, 2016

Senior Vice President Financial Operations Position Open in White Plains, New York

The New York Power Authority is seeking a Senior Vice President of Financial Operations in their White Plains location.

White Plains, NY Senior Vice President of Financial Operations Job Description

The SVP of Financial Operations (SVP) will be reporting directly to the CFO. The SVP is responsible for compiling, developing and analyzing the organization’s long-term financial strategy. The SVP will also ensure appropriate programs, accounting principles, practices, and internal controls are in place and maintained. In addition, the role leads the corporate finance teams that are tasked with developing and generating financial management reporting, analyzing financial trends, calculating the monetary effect of potential business decisions and advising business leaders on their impact, and supporting corporate development efforts.
Providing strategic leadership and tactical support for the Authority’s fiscal operations this candidate will drive innovation in all areas of the financial function by taking full advantage of the latest business tools and best practices in financing, accounting and procurement.
The SVP will work collaboratively across all levels of the organization, including executive management members, Board of Trustees, oversight committees, and senior leadership in executing decisions with financial implications impacting the Authority. The financial operations group is comprised of the Budget & Business Controls, Treasury, Procurement, Finance and Controller departments totaling approximately 145 employees.
 In addition to the above duties, the successful job candidate will:
  • Manage the annual business planning cycle, providing advice to senior leadership about the potential performance of the business and the choices to be made in delivering that performance.
  • Provide leadership and guidance to the organization and finance function towards driving better holistic organizational outcomes – transition to a collective, versus siloed, outlook.
  • Champion, along with the functional leadership, for excellent processes in each facet of the business with clearly acknowledged process owners and continual improvement programs.
  • Align financial activities with corporate and departmental strategic goals and initiatives.
  • Lead efforts to improve service to internal and external customers through innovation and application of best practices.
  • Provide direction for the establishment, implementation and maintenance of corporate accounting policies and control procedures to protect the assets of the authority and ensure the integrity of financial information.
  • Collaborate with Enterprise Risk and Internal Audit to evaluate and monitor internal controls to ensure the integrity of financial reports and the safeguarding of the company’s assets.
  • Oversee the management of the Authority's participation and response to audits and other review processes of Authority operations by outside auditors, including the State Comptroller's office, the State Budget Division, the State Legislature, etc.
  • Advise the CFO, the Board of Trustees, and other executives on matters pertaining to accounting, procurement, treasury and process improvement, and ensure all functions that s\he is responsible for are operating together effectively to achieve the Authority’s financial strategy.
  • Ensure the Authority is in compliance with external accounting standards groups, such as FASB and GASB.

White Plains, NY SVP of Financial Operations Job Required Skills

Financial acumen: Knowledge and experience of financial and accounting operations, including debt management, and municipal finance, sufficient to support an electric utility.  Fully conversant with corporate and governmental accounting requirements and practices, including GAAP, FASB, GASB and effective budgeting and planning techniques.

Strategic acumen: Strong knowledge of finance/procurement/process improvement best practices, understanding of information management systems and experience to support business objectives.  Knowledge of credit ratings and rating agencies.

Leadership: Ability to help drive strategic change to meet organizational goals in a continuously changing environment. Lead and develop high performing teams committed to the strategy.  Foster trust and collaboration among team members and use teams to address and resolve relevant business issues.  Ability to manage human, financial, and information resources strategically and to build an effective team.

Interpersonal: Excellent written, oral communication, and presentation skills to effectively share information and work collaboratively with business unit management, executive management, and Board of Trustees.

Industry/role specific: Some knowledge of the electric utility industry including regulatory requirements and market structures.

Financial Operations SVP Required Experience

The successful candidate should have:
  • Bachelor’s degree in economics, business (or related field), engineering, or science.  MBA/CPA/CFA preferred
  • 15+ years of financial experience with increasing senior management responsibility, preferably with some experience within the electric utility industry
  • Demonstrated experience in facilitating strategy and measurement development and leading process improvement/change management initiatives
  • Broad familiarity with wholesale and retail electricity markets
To apply online, send your resume and cover letter to 
The New York Power Authority is an Equal Opportunity Employer

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