Director - Investment Planning - Binghamton - New York State Electric & Gas

    New York State Electric & Gas
    New York State Electric & Gas Binghamton

    1 week ago

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    Description

    Director - Investment Planning
    Apply locations: United States Of America, New York, Binghamton
    The position directs the Capital Investment Planning Team in developing and managing the capital investment plans for New York State Electric and Gas (NYSEG). This includes ensuring proper financial project approvals are in place, consistency in capital spending relative to regulatory requirements and corporate goals, and measuring and explaining variances to plan. The role is instrumental in motivating and fostering team engagement and development, allowing for continuous learning and process improvement in a changing business environment.

    Key Responsibilities:

    • Oversee, manage, and direct the Investment Planning area for NYSEG, which coordinates and tracks the capital investment planning process including forecast development, actual variance analysis, metrics, goal measurement, and reporting to management and regulators.
    • Lead the development of reporting for internal and external inquiries on capital investments, including periodic variance analysis, annual plan reporting, management audit, and rate case proceedings.
    • Participate and lead discussions with regulators supporting the capital investments and explaining variance to approved plans.
    • Coordinate the preparation of documentation required for regulatory processes regarding capital plans, including filing, testimony, and discovery coordination.
    • Partner with VPs and Directors to design a 10-year long-term plan and capital investment strategy.
    • Work closely with the Analytics and Governance team in the Investment Planning area to coordinate performance evaluation, reporting, and governance processes for NYSEG.
    • Ensure all capital investments have proper and timely project approvals in place, including necessary supporting documentation.
    • Develop and maintain effective lines of communication with business area leaders, including corporate functions and directors, to ensure accurate project forecasts and reporting to support achievement of strategic and operational goals.
    • Lead the management of tracking performance to portfolio targets.
    • Manage the performance of employees through goal setting, ongoing assessment, and timely feedback, and coaching.
    • Foster an environment where employees can develop their capabilities and have the tools required to be successful.
    • Collaborate with IP teams to ensure accurate tracking, coordination of governance process, and consolidation of capital plans and variances for Avangrid Networks consolidated reporting.

    Required Qualifications:

    • Bachelor's degree in a related discipline such as Finance, Accounting, Business, or Engineering.
    • Ten years of Finance or Business Management experience required.
    • Strong knowledge of regulatory requirements in Maine and ability to interact with Regulators.
    • Experience creating and/or reviewing capital project forecasts or budgets.
    • Experience effectively communicating complex information in simple terms to multiple levels of the organization.
    • Experience with CapEx and Plant Addition forecasting, budgeting, and analysis.
    • Strong communicator (verbal and written).
    • Strong teamwork, collaboration, consensus-building, and conflict resolution skills.
    • Effective teaching, coaching, and team development skills.
    • Innovative thinking and creative mindset to drive process improvement.
    • Able to interface across diverse organizations to enhance processes and tools.

    Preferred Qualifications:

    • Advanced degree or professional certification.
    • Experience presenting or testifying in a regulatory context.


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