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Energy Resource Acquisition Manager

Date:  Nov 9, 2019
Job ID:  340
Location: 

Bellevue, WA, US, 98004

Puget Sound Energy is looking to grow our community with like-minded, top talented individuals like you!  With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now.

 

PSE's Financial Planning & Analysis team is looking for qualified candidates to fill an open Energy Resource Acquisition Manager position!

Job Description

The Business Initiatives team plays a critical role in performing quantitative and qualitative analysis to support resource acquisition decisions for the Company’s energy supply portfolio. This position in an exciting opportunity to help shape PSE’s clean energy future.

 

The Commercial Acquisition Manager leads and coordinates all commercial functions, including negotiations, project oversight, cross functional team management, and management approval in the acquisition, divestiture and restructing of energy resources, real estate, and distribution assets.  This individual develops and implements acquisition/divestiture strategies, evaluates potential transactions and shepherds the transaction through commercial negotiations and closing.  He/she further represents all of PSE's interests in commercial development agreements with outside parties.

Job Responsibilities

•    Leads the resource acquisition RFP (request for proposal) process and due diligence reviews of potential transactions including financial feasibility analyses, engineering review, operations review, environmental review, legal review and real estate review.
•    Oversees and leads negotiations of business deals critical to PSE's corporate growth strategy, including acquisitions and development projects, purchase and sales agreements, O&M agreements, real estate agreements, interconnection agreements, and service agreements.
•    Ensures that all conditions are met related to deal closing and that transaction is successfully closed.
•    Supports regulatory affairs in demonstrating prudence of transaction as needed, including preparing and providing testimony in WUTC rate cases.
•    Manages external vendors setting scope, providing direction and approving work.
•    Performs other duties as assigned.
 

Minimum Qualifications

•    Bachelor’s degree in engineering, finance, economics, business administration, or equivalent combination of education and/or work experience; plus 7 years relevant work experience.
•    5 years increasing responsibility in the utility, oil, gas or independent power sector and experience in project development or commercial acquisitions.
•    Strong business and financial analytical skills with capability to analyze a wide array of business challenges.
•    Demonstrated experience and ability to lead and influence cross-functional teams and stakeholders.
•    Excellent verbal and written communication skills, including ability to contemporaneously document evaluation, due diligence and negotiation initiatives for later prudence purposes.
•    Ability to understand complex financial pro-formas and provide direction to analytical staff.

Desired Qualifications

•    MBA or related post graduate degree.
•    10 years experience in project development, implementation, asset management or acquisition with experience in Northwest.
•    Knowledge about the transmission system.

Additional Information

Families and businesses depend on PSE to provide the energy they need to pursue their dreams.  Our steadfast commitment to serving Washington communities with safe, dependable and efficient energy started in 1873.  Today we're building the Northwest's energy future through efforts like our award winning energy efficiency programs and our leadership in renewable energy.

 

At PSE we value and respect our employees and provide them opportunities to excel. We offer an expansive pay package that includes competitive compensation, annual goals-based incentive bonuses, comprehensive benefits, 401(K), a company paid retirement pension plan, and an employee assistance and wellness program.

 

Puget Sound Energy is committed to providing equal employment opportunity to all qualified applicants. We do not discriminate on the basis of race, color, religion, sex, national origin, age, sexual orientation, gender identity, marital status, veteran status or presence of a disability that with or without reasonable accommodation does not prevent performance of the essential functions of the job. Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the Human Resources Staffing department at jobs@pse.com or 425-462-3017.


Nearest Major Market: Seattle
Nearest Secondary Market: Bellevue