What are the responsibilities and job description for the Director - Investment Planning position at Avangrid?
The base salary range for this position is dependent upon experience and location, ranging from: $153,000 - $191,000
Job Summary:
The position directs the Capital Investment Planning Team in developing and managing the capital investment plans for Central Maine Power (CMP). This includes the planning processes that create, manage, prioritize, and report on the plan for time periods as needed by the organization. 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. This role is instrumental in motivating and fostering team engagement and development, to allow for continuous learning and process improvement in a changing business environment.
Key Responsibilities:
- Oversee, manage, and direct the Investment Planning area for CMP, which is charged with coordination and tracking 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. This includes but is not limited to periodic variance analysis, annual plan reporting, management audit and rate case proceedings.
- Participate and lead discussions with regulators supporting the capital investments as well as explaining variance to approved plans.
- Coordinate the process of preparation of documentation required for regulatory processes regarding capital plans. This includes the preparation of filing, development of testimony and coordination of discovery.
- Partner with VPs and Directors to design 10-year long term plan and capital investment strategy.
- Works closely with the Analytics and Governance team in the Investment Planning area to coordinate performance evaluation, reporting and governance processes for CMP.
- Ensure all capital investments have proper and timely project approvals in place including the 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:
- Requires a 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 in 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 organization to enhance processes and tools.
Preferred Qualifications:
- Advanced degree or professional certification.
- Experience presenting or testifying in a regulatory context.
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Company:
CENTRAL MAINE POWER CO
Mobility Information
Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country
AVANGRID’s employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law.
If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at
If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at
careers@avangrid.com
Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate functions. This does not include those that will work for Avangrid Renewables
Job Posting End Date:
March-5-2025Salary : $153,000 - $191,000
