Vice President, Treasury

JOB SUMMARY/PURPOSE

Delta Utilities is seeking a Vice President of Treasury who will oversee the treasury function and drive strategic initiatives related to capital structure, liquidity management, financial risk, and capital markets transactions. This role will report directly to the CFO and work closely with the senior leadership team to ensure that the company's financial strategies support operational goals and long-term vision. This role is pivotal in ensuring the financial stability and growth of the company, making it an exciting opportunity for a seasoned treasury professional.

JOB DUTIES/RESPONSIBILITIES

• Treasury Operations Management: Oversee daily treasury operations, including cash management, liquidity forecasting, and short-term investment activities. Optimize the company’s capital structure and manage debt portfolios to support strategic initiatives.

• Capital Structure Management: Develop and execute strategies to optimize the company's capital structure, including debt and equity financing, and ensure adequate liquidity to support business operations.
• Cash Management: Oversee daily cash management operations, including forecasting cash flow needs, maintaining optimal liquidity, and managing working capital.
• Banking Relationship Management: Maintain and foster relationships with banking institutions and other financial partners. Lead negotiations and maintain lines of credit and financing agreements.
• Risk Management: Identify and manage financial risks related to foreign exchange, interest rates, and commodity exposures. Develop hedging strategies and ensure compliance with financial regulations.
• Capital Markets: Lead capital market activities, including equity and debt issuance, and work with external advisors to optimize funding strategies.
• Strategic Financial Planning: Collaborate with the CFO and leadership team on strategic planning initiatives and provide financial insights for business development and M&A activities.
• Debt Compliance: Ensure compliance with debt covenants and reporting requirements. Monitor and report on key financial metrics and treasury performance.

MINIMUM REQUIREMENTS

Minimum education required of the position

     • A bachelor’s degree in Finance, Accounting, or a related field; MBA preferred.

Minimum experience required of the position

     •  Minimum of 10 years of corporate treasury experience or corporate finance, with at least 5 years in a leadership role, ideally within a regulated industry.

Minimum knowledge, skills and abilities preferred of the position

    •  Proven track record in corporate finance and treasury leadership, with experience in high-growth, innovative sectors such as clean energy or technology.

    •  Strong analytical and problem-solving skills.

    •  Excellent communication and interpersonal skills.

    •  Ability to work collaboratively with senior leadership and external partners.

Any certificates, licenses, etc. required for the position

    •  Professional certifications such as Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA).

About Delta Utilities

Delta Utilities is a leading natural gas utility with a focus on safe, dependable service to customers. Headquartered in New Orleans, Louisiana, the utility will serve nearly

600,000 customers and become one of the leading natural gas providers in Louisiana and Mississippi and among the top 40 providers in the United States.

In 2023, Entergy announced that it had entered into an agreement with Delta Utilities to sell its Louisiana gas distribution business. The natural gas utility currently serves more than 200,000 customers across East Baton Rouge and Orleans parishes. In February 2024, Delta Utilities entered into an agreement with CenterPoint Energy to acquire its Louisiana and Mississippi natural gas businesses, which currently serve approximately 381,000 customers. Once the transactions are complete, Entergy's Louisiana natural gas operations and CenterPoint Energy's Louisiana and Mississippi natural gas systems will be operated by Delta Utilities. Learn more: https://deltautilities.com/

Delta Utilities and associated entities are equal-opportunity employers. We do not discriminate against employees or applicants for employment on any legally recognized basis or any protected class under federal, state, or local law.

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