Director of Financial Planning - Austin, United States - Electric Power Engineers

Description

Overview:

We are designing the Grid of the future

We are innovators by nature, for over 50 years, Electric Power Engineers, LLC (EPE) has partnered with power and energy clients across the globe to focus on complex engineering and grid modeling challenges. As an early leader in the renewables space, we continue to see significant opportunities to build a sustainable and secure Grid. Join a team committed to making an impact on the communities we serve and the environment in which we live. Together we can continue to create the grid of the future

Join us in leading the change

We are seeking an experienced Director of FP&A to join our team. This role is integral to our strategic growth and expansion plans. The successful candidate will lead and execute budgeting, forecasting, long-term planning, business strategic analysis, and the research, due diligence, and execution of M&A transactions, working closely with senior leadership and organizational stakeholders.

How you can make an impact:

Budgeting and Forecasting

• Annual Budget Process: Lead and execute the annual budgeting process.
  • Create budget calendar with tasks and deliverables which creates a final, approved, annual budget to be submitted to the EPE Board of Directors at the September Board of Directors Meeting.
  • Design and implement budgeting tools to be used by EPE leadership in preparing the annual budgets by Department/LOB.
  • Work with the Executive Team to determine the annual budget assumptions (COLAs, Inflation Factors, Benefits Premiums Increase, Merit Pools, Bonus Pools, etc).
  • Upon approval of the Budget by the Board of Directors, work with the Corporate Controller to load the Budget into the Accounting software and ensure that it was loaded correctly.
• Monthly Budget vs. Actual Review: Work directly with the Corporate Controller to identify budget vs. actual variances and the reason behind the variances. Provide feedback, insight and recommendations to CFO regarding the mitigation of unfavorable variances.
• Quarterly Forecasting Process: Working with the CFO, the Executive Team, and LOB owners, create the Quarterly Forecast.
  • Create Forecast calendar with tasks and deliverables which creates a final, approved, forecast to be submitted to the EPE Board of Directors at the appropriate Board of Directors Meeting.
  • Design and implement forecasting tools to be used by EPE leadership in preparing the forecasts by Department/LOB.
  • Work with the Executive Team to determine the forecast assumptions (COLAs, Inflation Factors, Benefits Premiums Increase, Merit Pools, Bonus Pools, etc).
  • Upon approval of the forecast by the Board of Directors, work with the Corporate Controller to load the forecast into the accounting software and ensure that it was loaded correctly.
• Utilize advanced financial modeling to predict potential business outcomes and support decision-making.
• Ensure transparency and timely communication regarding budgetary matters with relevant stakeholders.

Long-Term Planning and Business Strategic Analysis

• Long Term Planning: Working with the CFO and the Executive Team, spearhead the development of the firm's long-term financial strategies, ensuring they align with broader company vision and objectives.
• Determine the long-term (5 year) plans/goals of EPE (Growth, Acquisitions, Divestitures, etc.). Create a workplan outlining the short-term plans needed to achieve the long-term goals. Identify owners for the short-term plans and work with the CFO to develop a reporting and monitoring process to ensure the short-term plans are being implemented and still critical to the success of achieving the long term goal
• Business Strategic Analysis (Scenario Planning and Modeling): Working with the CFO and the Business Development Team, create financial models to determine the financial impact of new business on EPE. Prepare materials documenting the models input and results and the go/no go recommendation to the Executive Team and/or Investors.
• Prepare SWOT Analysis: With input and direction from the CFO and the Executive Team, annually create/update an EPE SWOT analysis. This analysis should assist in the Business Strategic Analysis and M&A and cover both business and environmental trends. Evaluate potential risks and opportunities for the business, implementing plans to leverage or mitigate them respectively.
• Monitor and Report on Business and Environmental Trends: Business trends include opportunities and forces related to business while environmental trends include all economic, social, technological, regulatory forces in the industry. Utilize market/industry research and trend reports. Keep track of industry influencers and publications. Obtain and compile feedback from customers. Observe and monitor competitors.
• Provide strategic recommendations to leadership based on financial analysis, data-driven insights, and industry benchmarking.
• Foster a culture of continuous improvement, driving operational efficiencies and scalability.

M&A

• Strategic Planning and Execution of M&A Transactions: Lead the strategic planning, execution, and integration of M&A transactions from beginning to end. Develop acquisition strategies and identify potential targets considering growth objectives, market expansion, product diversification, and competitive landscape. Coordinate and manage due diligence processes.
• M&A Pipeline Development: Develop and maintain a robust pipeline of potential acquisition targets in line with the company's strategic growth objectives. Regularly monitor and update the pipeline based on changes in the market, competitive landscape, or company strategy.
• Industry and Competitive Analysis: Monitor industry trends, competitive landscape, and general market conditions to inform the company's M&A strategy. Provide insights and recommendations based on this analysis to senior leadership.
• Risk Management: Identify and evaluate potential risks associated with M&A transactions, and devise mitigation strategies to address these risks. This includes financial, operational, legal, and reputational risks.
• Integration Planning: Develop a comprehensive integration plan that outlines the process of merging the acquired company's operations, systems, and cultures with the existing organization. Coordinate with cross-functional teams to address HR, IT, finance, marketing, and other integration-related challenges.
• Reporting and Analysis: Prepare regular progress reports and updates for the executive team and stakeholders, highlighting the financial, operational, and strategic impact of the M&A activities. Conduct post-deal analysis to assess acquisitions' success and identify improvement areas.

Bring your passion, here's whats needed:

• Prior experience in the engineering or tech services sector, whether through previous FP&A and M&A roles, consulting, or operational roles, is highly desired. Understanding the engineering and tech services sector's specific challenges, trends, and dynamics will be a significant advantage.
• Significant experience in FP&A with organizations with annual revenues of $75m or more and with complex reporting structures, including multiple divisions, lines of business and departments. Experience with consolidated entity budgeting and reporting, with international business experience preferred.
• Demonstrable experience in managing all stages of M&A transactions from identification of opportunities, due diligence, negotiation, closing, to post-merger integration. Experience managing both domestic and international transactions is a plus.
• Solid experience in financial modeling, valuation, and analysis. Familiarity with various valuation techniques (DCF, comparables, multiples, etc.) and experience in creating complex financial models.

Performance Criteria:

• Budgeting and Forecasting: The ability to produce, manage, and report on meaningful and appropriate budgets and forecasts.
• Long Term Planning: The ability to assist in creating and managing the reporting of the long-term plans/goals and the short-term plans/goals required to meet EPEs long term objectives.
• Business Strategic Analysis: The creation of models and other analysis to assist the Executive and Business Development Teams with strategic decision making.
• Deal Pipeline: The ability to continuously identify, evaluate, and pursue new M&A opportunities in line with the company's strategic objectives.
• Due Diligence and Evaluation: The quality and thoroughness of due diligence and evaluation performed on potential acquisition targets, resulting in informed and strategic decision-making.
• Deal Execution: The efficiency, effectiveness, and timeliness of M&A deal execution, from initial negotiation to closing.
• Integration Success: The successful integration of acquired companies, measured by the realization of identified synergies, achievement of projected business outcomes, and smooth transition of processes, systems, and teams.
• Financial Impact: The financial impact of M&A activities, including the return on investment of acquisitions and contribution to overall company growth.

How we support you:

• Comprehensive health and wellness benefits including medical, dental, and vision with 100% premium coverage for you.
• Generous PTO and paid holidays
• Continuous Education Benefits
• Work with industry leaders
• 401K, up to a 4% match (100% vested from day 1)
• Flexible Work including hybrid and remote possibilities base on position.

Location: This position will be located in Austin, TX

Travel: Occasional travel may be needed (10% or less)

EPE is an equal opportunity/AA/Disability/Veteran employer. The EEO is the Law poster, and its supplement are available using the following links: EEOC is the Law Poster

If you are interested in applying for employment with EPE and need special assistance to apply for a posted position, please send an email to:

Third-Party Recruiting Notification

EPE does not accept unsolicited resumes from third-party recruiters. Any unsolicited third-party resumes forwarded by recruiters to EPE via our career page or to any of our managers or employees will be considered public information, may be treated as a direct application from the person identified in the resume, and will not be eligible for placement fee payment to the agency. EPE will not pay a fee to a third-party recruiter or agency without a previously signed third-party agreement and has not coordinated their recruiting activity with the appropriate member of the Talent Acquisition team.