• Job Description

  Req#: R31979

  More than a career - a chance to make a difference in people's lives.

  Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.

  Depending upon the desired qualifications of the successful applicant, the hiring manager may elect to fill this position at a higher level within the job hierarchy.

  This position is responsible for the overall direction, management, integration, and implementation of all key operational finance functions to support the Power Grid Operations (PGO) Florida Operations from a functional and jurisdictional basis. Total business unit annual spend for this position is approx. $1.6B of capital and $75M of O&M covering both the Transmission and Distribution functions in DEF. Key activities include strategic business and financial planning, developing the O&M/Capital budget, forecasting, cost management, economic analysis, the maintenance and oversight of the accounting books and records related to the transmission and distribution function. In addition, this position is required to be well versed in complex regulatory financial compliance for the jurisdiction and will be called upon to assist with regulatory filings and other discussions with internal/external attorneys and their staffs related to achievement of regulatory objectives for Florida. Incumbent will also work closely with Asset Accounting to validate capitalization issues related to PGO investments. This position will lead a professional staff of 7 that develops and publishes financial analyses/budgets/projections, interfaces with different levels within the organization for accounting and business topics, provides content to ongoing rate cases and to regulatory commission staffs, and helps ensure adherence to overall GAAP/FERC and internal company financial policies and procedures.

  This position will serve as the single point of contact for the PGO Florida Regional SVP and his/her staff for any financial matters, will provide monthly reports and analysis and all other financial presentations and or data as needed. This position serves as a key member of the SVP's extended staff. As a leader within PGO Finance, the incumbent will interface regularly with his/her PGO Finance and FP&A peers as well as and other members of PGO senior and executive management in critical business plan and cost management presentations. The incumbent must have technical and business expertise to help set overall strategic direction and help identify/evaluate/develop/recommend initiatives to influence business unit financial performance and also help satisfy the Finance function goals and objectives.

  Individual will help define and execute initiatives to drive a culture of accountability for financial management in the business partner’s organization. Incumbent must have ability to lead and manage project management activities, lead and evaluate change management efforts, and help drive business process improvement efforts. Effective leadership, communication and collaboration skills are essential for this position as the incumbent is responsible for functions that cross and impact multiple organizations.

  As a leader in the PGO Finance organization, the incumbent is also expected to hire, train, and develop the team with appropriate knowledge skills and abilities to execute the overall organization objectives. Individual must also be able to effectively direct and lead employees who are remotely located at varying headquarters and individual operation centers in Florida.

  Additionally, this position must ensure all required financial reporting is completed to standard. Incumbent must integrate systems, processes and resources into one cohesive process to ensure effective controls, information and efficiency.

  Responsibilities

  • Cost Management Financial Oversight – Assist in the planning & management of work related to overall cost management and financial analysis, including budget development, cost analysis, cost reporting and projection tracking for all key operational functions to support the PGO organization. Provide planning & management oversight for the monthly close process including the review of accruals and all other journal entries, month and year to date variance analysis, and internal management reports. Position assists in financial analytics and inquiries representing PGO and assists in the preparation of financial data requests for ad hoc reporting, allocation of costs, rate case requests, and audit inquiries. Has responsibility for the timeliness and accuracy of year end O&M and Capital projections for PGO. Manages and produces monthly reporting for PGO FL leadership as well as jurisdictional monthly reporting for the JET/SMC meetings. Assists in providing strategic direction and functional support for the PGO finance efforts. These efforts include defining success, aligning staff to provide most effective support and developing an effective business partner interface approach.

  • Strategic Business and Financial Planning- Assist in the management of long-term planning and budgeting activities for PGO including the 5-year plans for O&M and Capital and providing oversight and direction during budget reviews. Position assists in the responsibility of the overall accuracy of accounting and cash flows for the organization’s budgets. Helps ensure compliance with internal controls, regulatory and legal compliance.

  • Governance, Controls and Reporting – Helps integrate systems, processes and reporting to provide an accurate financial picture with tight adherence to financial standards. Also ensures staff meets the defined compliance and control measures that incumbent establishes. Directs staff to perform and review results of business planning and budgeting activities. Interfaces with key leadership during this process for input and dialogue on business plan and budget content for O&M and Capital.

  • Leadership and Management - Leads and directs a professional staff to perform and review results of management reporting, variance analysis and projection updates. Develop governance structure within department to ensure appropriate decision making and reviews are consistent across the team. Develop decision making structure in collaboration with the business partners to effectively allocate budget and budget challenges in a way that addresses overall business priorities. Additionally, assign accountability to key staff to develop plans to ensure all key work functions are appropriately staffed. Establish an organizational design that optimizes efficiency and creates clear accountability for key work functions to designated employees.

  Note: This posting is for one position. Dependent on relevant experience, the level to which a candidate is aligned is outlined below.

  Basic/Required Qualifications

  Manager I

  • Bachelors Degree in Economics, Finance, Accounting or related degree

  • 8 years related work experience

  Manager II

  • Bachelors Degree in Economics, Finance, Accounting or related degree

  • 8 years related work experience including at least 2 years of successful direct people management experience

  Desired Qualifications

  • Understanding of financial planning, budgeting, economic analysis, and forecasting strategies

  • Ability to communicate effectively both verbally and in writing with peers and senior management

  • Extensive analytical skills, detailed oriented and strong business acumen

  • Ability to identify issues and propose thoughtful and innovative solutions

  • Ability to analyze statistical information and recognize significant variances, trends, and irregularities

  • Self-motivated; able to work independently and in a team environment with an ability to prioritize, handle and track multiple assignments

  • Strong information technology skills – understanding of financial systems, (i.e. PeopleSoft FMIS, Power Plan, Analytical Services, Business Rules-SAAS, WebI, etc) and proficient in Microsoft Office (Excel, Word, and PowerPoint), PowerBI, Power Pivot and Power Query

  • CPA or MBA preferred

  • Excellent organizational skills including ability to manage workload and competing priorities

  • Strong leadership skills

  • Strong collaboration & communication skills

  • Ability to influence and negotiate effectively

  • Experience in directing, developing, motivating, conflict management and decision making

  • Prior Supervisory experience desired with demonstrated ability to maintain a motivated and engaged team

  • Business/ financial background that includes strong understanding of both Capital & O&M business practices within operational organization

  • Ability to deliver superior results within allocated time through effective prioritization, scheduling, planning, delegation, and execution of assigned tasks

  • Experience interfacing effectively with executive leadership

  • Prior accounting and reporting experience in an operational role

  • Prior experience including financial planning, supporting business planning efforts, regulatory experience and serving in a business management/ finance consulting role

  • Experience with PGO Operations

  #LI-JC1

  #LI-Hybrid

  Working Conditions

  • Hybrid Mobility Classification – Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to the assigned Duke Energy facility.

  • Florida Duke Energy territory is the preferred work location; however, Charlotte will be considered as an alternate location.

  Travel Requirements

  5-15%

  Relocation Assistance Provided (as applicable)

  No

  Represented/Union Position

  No

  Visa Sponsored Position

  No

  Posting Expiration Date

  Wednesday, August 28, 2024

  All job postings expire at 12:01 AM on the posting expiration date.

  Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.

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