Summary

The Senior Director of Corporate Finance plays a crucial role in shaping the financial future of NYPA and its affiliates by leading and managing complex projects focused on treasury, corporate financing, project financing, and financial planning. In this role, the Senior Director will work closely with the CFO, Treasurer, and Senior Advisor for Renewable Energy to identify financing needs and design optimal financial solutions and receive support of an analytical team to aid in decision-making for both new and existing financing products. Additionally, the Senior Director will develop and implement execution strategies, lead a cross-functional team across various organizational levels, and collaborate with other business units to ensure that all NYPA projects achieve the best financial outcomes and appropriate risk allocation.

Responsibilities Provide strategic guidance and direction in the development, implementation, transition, and advancement of the corporate finance and project finance strategy. Develop NYPA’s long-term financial strategy for project investment in conjunction with the CFO and Treasurer. Responsible for developing formal criteria for identifying, evaluating, prioritizing, selecting and approving corporate/project finance strategies in addition to external partners and advisors Oversee the preparation of financial analysis, project finance structures and accounting evaluations. Provide updates to executive management on strategic financial initiatives Lead NYPA's finance due diligence team in evaluating new project/business opportunities Make investment recommendations to C-level executives and board members Provide advisory services to NYPA's long-term financial strategy for project investment as needed by the CFO, Treasurer, and VP of Finance. Lead project financing and other transaction negotiations including but not limited to acquisitions, divestures, purchase and sale agreements, and debt financing agreements. Oversee the department annual budget. Oversee, mentor and provide development guidance junior treasury team members, with constructive feedback on projects, goals and accomplishments. Knowledge, Skills and Abilities Excellent managerial and administrative skills are required, to handle multiple complex assignments Excellent leadership to inspire and motivate others to perform well, ability to provide continuous feedback and encourage growth and development Ability to develop team and individual contributors while ensuring quality of work, and ensuring the team understands assignments Ability to manage teams in the development of a new financings and financial policy across the organization Ability to develop and drive corporate finance and project finance strategic initiatives Significant transaction experience and a demonstrated ability to lead complex structured capital investments in the U.S. energy, power, utility, and renewable energy sectors Proven ability to make capital investment recommendations to C-level management and board members Established track record of negotiating with reputable counterparties for structured project finance and bond transactions in the U.S. energy and utility industry Understanding of federal and state utility regulations, Public Service Commission (PSC) policies and rulings, and FERC policy Excellent presentation, verbal and written communication skills. Highly competent writing skills with ability to summarize complicated matters for a variety of audiences. Capable of handling highly confidential information discretely and responsibly. Excellent knowledge of Microsoft Office. Education, Experience and Certifications Bachelor’s degree in finance, Economics, Accounting, or a business-related field MBA or a Graduate Degree in Finance or another business relative field is preferred. Minimum of 10 years of finance experience with a strong background in financial markets and financial structuring and negotiating preferred. Minimum of 10 years of project finance investment execution preferred. Minimum 3 years of management/supervisory experience  preferred. Energy /utility industry experience is required Physical Requirements

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $166,000-$228,800. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.

 

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law. 
 
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns.  To request an accommodation, please email accessibility@nypa.gov.