AddressAbout us
National Grid is hiring a Lead Finance Business Partner - Clean Energy for our Finance team, located in Waltham, MA.
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.
To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.
Job Purpose
The Clean Energy Project Finance Lead supports the New England Electric organization and is responsible for providing commercial acumen, challenging strategic and financial priorities, and delivering financial guidance and insight to our NE Electric Business Partners to enable decisions that deliver financial performance. Focus primarily on large scale Clean Energy capital investments.
Key Accountabilities
• Support the business in evaluation of Clean Energy capital investments, through robust and transparent financial modelling of long-term cash flows, with careful attention to assumptions, assessments of risks, and commercial viability.
• Assist in preparation of RFP/RFI responses, with ability to work in condensed timeframes to support quick turnarounds.
• Conduct financial due diligence activities for projects, working with internal and external stakeholders
• Drive value in the business by exposing opportunities and insight to drive improvement initiatives. Manage financial risks and the implementation and maintenance of controls.
• Partner with business leadership in the development of business cases and other strategic initiatives to ensure that all current and future investments are made in line with the business strategy and value requirements.
• Develop and maintain strong relationships with the New England Electric business leaders and teams, finance colleagues and other internal teams.
• Conduct finance review of capital projects for internal approval, ensuring sufficient funding and assessment of changes in costs and scope of projects.
• Accountable for the NE Electric business monthly and quarterly performance results on operating expenses and capital expenditures with an emphasis on delivering insight and commentary on matters of importance and forward thinking financial and operational impacts.
• Understand the regulatory structure of NE Electric operating companies (along with IFRS and GAAP accounting), collaborating with regulatory and finance colleagues on assessment of rate case changes, application to decision making, and impact to future activities.
• Collaborate with other FBPs on training and best practices to drive efficiencies in activities and improved outcomes, demonstrating continuous improvement.
Qualifications
• Bachelor’s degree or equivalent
• Advanced experience in long term investment financial models, including discounted cash flow, tax assessments, debt/equity funding, and capital deployment
• CFA certification, RFP/RFI financial support or experience in financial due diligence preferred
• Excellent stakeholder management and communication skills - proven track record in managing conflicting stakeholder interests.
• Demonstrated critical thinking skills with an ability to identify key issues and recommend solutions to complex problems using data, logic and financial insight.
• Strong commercial acumen and ability to influence and impact the decisions and financial performance of senior stakeholders and their teams throughout the relevant business area.
• Experience in utility service business activities and systems a plus
More Information
#LI-MR1 #LI-HYBRID
Salary
$120k - $140k a year
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.
National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.
