What are the responsibilities and job description for the Manager I/II – RRE, ESGS & GTSO Finance- Consolidations, FP&A Department position at Duke Energy Corporation?
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Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.
Depending upon the desired qualifications of the successful applicant, the hiring manager may elect to fill this position at a higher level within the job hierarchy.
Job Summary
The Manager Finance position is responsible for the overall direction, management, integration, and implementation of all key operational consolidations finance functions to support the Regulated & Renewable Energy (RRE), Enterprise Safety & Generation Services (ESGS), and Generation Transition & System Optimization (GTSO) organizations on a jurisdictional (or departmental) and project basis for O&M, Capital, COR and ARO costs. This position will support multiple leaders (e.g. SVP, VP’s and GM’s/Directors) with a budget oversight and responsibility of significant annual spend for O&M, Capital, COR and ARO Costs of approximately $2-10 billion. The role will lead and manage a team of 3-5 exempt personnel who provide direct support to the business partners within the assigned organizations. The position will report to the Director of RRE, ESGS & GTSO Finance, supporting the. This position will support the RRE, ESGS & GTSO’s, O&M and Capital consolidations, reporting and analysis for a combined total annual budget of approximately $2-10 billion. This position will be responsible for coordinating the cost management reporting, accounting and financial analysis, business planning and all key operational finance functions.
RRE is responsible for operating and maintaining over 43,000 MWs of generating capacity (approximately 80% of Duke Energy’s total regulated generating capacity), including Coal, Combined Cycle, Combustion Turbine, Hydro-Electric and Regulated Solar Energy generation across six states. Total annual budget is approximately $2 billion between O&M, Capital, ARO and Cost of Removal (COR).
ESGS is responsible for a variety of different support organizations: Environmental, Health & Safety (EH&S), Coal Combustion Products (CCP), Enterprise Operational Excellence, Enterprise Training, Project Controls and Central Operational & Services Oversight (COSO). The EH&S organization is responsible for the safety and environmental compliance of Duke Energy enterprise wide. In addition, EH&S also has responsibilities, for groundwater sampling and monitoring, coal ash permitting and municipal water/bottled water services for all affected sites and residential areas. EH&S also has many environmental remediation projects. The CCP organization manages coal ash activities within Duke Energy’s six (6) jurisdictions. Central Operational & Services Oversight (COSO) provides governance and outage support to RRE and Nuclear. ESGS estimated total annual budget is approximately $2-3 billion between O&M, Capital, COR and ARO with an additional oversight for the life to date estimated spend of $12 billion in ARO.
GTSO is responsible for the generation transition preparedness and readiness, integrated resource planning and execution, technology determinations, renewables project development, fuels and system optimization and major project management and construction to help meet Duke Energy’s clean energy transformation goals across all jurisdictions. Total annual budget is approximately $2-10 billion between O&M, Capital and ARO.
Position will frequently interface with Regional RRE, ESGS & GTSO Finance Directors, Department Leads, peer finance leaders, different departments within the company, such as Forecasting, Asset Accounting, Compliance, Corporate Controllers & Accounting, Rates & Regulatory, internal/external auditors and all corporate finance departments for issues/resolution on financial/cost management items. This position requires a blended knowledge of operational, technical, and functional financial reporting and analysis skills.
Key responsibilities for this position include strategic business and financial planning, and management oversight of the annual budget development and long-range planning process. Manager Finance position is responsible for management oversight for the monthly close process including the review of accruals and all other journal entries, month and year to date variance analysis, and internal management reports. The position will support the organizations respective SVP’s, VP’s, GM’s and or Directors for any financial matters, will provide monthly reports and analysis and all other financial presentations or data as needed and will serve as a critical member of the organizations’ leadership staff. As a leader within FP&A, this position will interface regularly with FP&A senior and executive management in critical business plan and cost management presentations. This position will lead and direct financial activities, evaluate change management efforts, and drive business process improvement efforts across all business groups. Effective leadership, communication and collaboration skills are essential for this position as this position is responsible for functions and activities that impact a variety of different departments within the company. Maintaining a positive outlook is critical.
Responsibilities - Supporting all groups RRE, ESGS & GTSO include but are not limited to:
Cost Management Financial Oversight
Basic/Required Qualifications (Manager Financial Forecasting I)
5-15%
Relocation Assistance Provided (as applicable)
No
Represented/Union Position
No
Visa Sponsored Position
No
Posting Expiration Date
Friday, February 7, 2025
All job postings expire at 12:01 AM on the posting expiration date.
Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.
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Do Not Sell My Personal Information (CA)
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Accessibility
Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.
Depending upon the desired qualifications of the successful applicant, the hiring manager may elect to fill this position at a higher level within the job hierarchy.
Job Summary
The Manager Finance position is responsible for the overall direction, management, integration, and implementation of all key operational consolidations finance functions to support the Regulated & Renewable Energy (RRE), Enterprise Safety & Generation Services (ESGS), and Generation Transition & System Optimization (GTSO) organizations on a jurisdictional (or departmental) and project basis for O&M, Capital, COR and ARO costs. This position will support multiple leaders (e.g. SVP, VP’s and GM’s/Directors) with a budget oversight and responsibility of significant annual spend for O&M, Capital, COR and ARO Costs of approximately $2-10 billion. The role will lead and manage a team of 3-5 exempt personnel who provide direct support to the business partners within the assigned organizations. The position will report to the Director of RRE, ESGS & GTSO Finance, supporting the. This position will support the RRE, ESGS & GTSO’s, O&M and Capital consolidations, reporting and analysis for a combined total annual budget of approximately $2-10 billion. This position will be responsible for coordinating the cost management reporting, accounting and financial analysis, business planning and all key operational finance functions.
RRE is responsible for operating and maintaining over 43,000 MWs of generating capacity (approximately 80% of Duke Energy’s total regulated generating capacity), including Coal, Combined Cycle, Combustion Turbine, Hydro-Electric and Regulated Solar Energy generation across six states. Total annual budget is approximately $2 billion between O&M, Capital, ARO and Cost of Removal (COR).
ESGS is responsible for a variety of different support organizations: Environmental, Health & Safety (EH&S), Coal Combustion Products (CCP), Enterprise Operational Excellence, Enterprise Training, Project Controls and Central Operational & Services Oversight (COSO). The EH&S organization is responsible for the safety and environmental compliance of Duke Energy enterprise wide. In addition, EH&S also has responsibilities, for groundwater sampling and monitoring, coal ash permitting and municipal water/bottled water services for all affected sites and residential areas. EH&S also has many environmental remediation projects. The CCP organization manages coal ash activities within Duke Energy’s six (6) jurisdictions. Central Operational & Services Oversight (COSO) provides governance and outage support to RRE and Nuclear. ESGS estimated total annual budget is approximately $2-3 billion between O&M, Capital, COR and ARO with an additional oversight for the life to date estimated spend of $12 billion in ARO.
GTSO is responsible for the generation transition preparedness and readiness, integrated resource planning and execution, technology determinations, renewables project development, fuels and system optimization and major project management and construction to help meet Duke Energy’s clean energy transformation goals across all jurisdictions. Total annual budget is approximately $2-10 billion between O&M, Capital and ARO.
Position will frequently interface with Regional RRE, ESGS & GTSO Finance Directors, Department Leads, peer finance leaders, different departments within the company, such as Forecasting, Asset Accounting, Compliance, Corporate Controllers & Accounting, Rates & Regulatory, internal/external auditors and all corporate finance departments for issues/resolution on financial/cost management items. This position requires a blended knowledge of operational, technical, and functional financial reporting and analysis skills.
Key responsibilities for this position include strategic business and financial planning, and management oversight of the annual budget development and long-range planning process. Manager Finance position is responsible for management oversight for the monthly close process including the review of accruals and all other journal entries, month and year to date variance analysis, and internal management reports. The position will support the organizations respective SVP’s, VP’s, GM’s and or Directors for any financial matters, will provide monthly reports and analysis and all other financial presentations or data as needed and will serve as a critical member of the organizations’ leadership staff. As a leader within FP&A, this position will interface regularly with FP&A senior and executive management in critical business plan and cost management presentations. This position will lead and direct financial activities, evaluate change management efforts, and drive business process improvement efforts across all business groups. Effective leadership, communication and collaboration skills are essential for this position as this position is responsible for functions and activities that impact a variety of different departments within the company. Maintaining a positive outlook is critical.
Responsibilities - Supporting all groups RRE, ESGS & GTSO include but are not limited to:
Cost Management Financial Oversight
- Responsible for all planning & management of work related to assigned organizations’ overall cost management and financial analysis, including budget development, cost analysis, cost reporting and projection tracking for all key operational finance functions to support the assigned organization.
- Provide planning & management oversight for the monthly close process including the review of accruals and all other journal entries, month and year to date variance analysis, and internal management reports.
- Research any technical accounting issues and work with Asset Accounting on any capital inquiries.
- Oversee all financial data requests for ad-hoc reporting, allocation of costs, rate case, internal and external requests, and audit inquiries.
- Responsible for the timeliness and accuracy of O&M and Capital projections (Monthly, Quarterly & Year End)
- Manages and produces consolidated monthly departmental & jurisdictional reporting for organizations.
- Expected to serve as finance representative at jurisdictional or departmental meetings.
- Provide oversight and guidance at SVP & VP cost management financial oversight meetings.
- Provides strategic direction and functional support for the RRE, ESGS & GTSO Finance department efforts.
- These efforts include defining success, aligning staff to provide most effective support, and developing an effective business partner interface approach.
- Lead initiatives to drive a culture of accountability of financial management throughout the business units
- Responsible for management planning and/or execution, and communication of overall business planning efforts for RRE, ESGS & GTSO management and other governing bodies, including Corporate Forecasting, SMC, and other corporate and jurisdictional organizations.
- Manage all long-term planning and budget development activities for assigned organization including updating the 5-year plans for O&M and Capital and providing oversight and direction during budget reviews.
- Responsible for managing planning and/or execution, and communication of overall business planning efforts for senior management, and other governing bodies, including Corporate Forecasting and other Corporate Financial Committees.
- Direct staff to perform and review results of business planning and budgeting activities to ensure overall accuracy of accounting and cash flows for the organization’s budgets.
- Interface with key executives for input and dialogue on business plans and budget content for O&M & Capital.
- Lead and direct a professional staff to perform and review results of management reporting, variance analysis and projection updates.
- Develop governance structure within department to ensure appropriate decision making and reviews are consistent across the team.
- Develop decision making structure in collaboration with the business partners to effectively allocate budget and budget challenges in a way that addresses overall business priorities.
- Assign accountability to key staff to develop plans to ensure all key work functions are appropriately addressed.
- Establish an organizational design that optimizes efficiency and creates clear accountability for key work functions to designated employees.
- Embrace Duke's leadership imperatives by effectively developing a high-performance team through challenging assignments to broaden perspectives and promote strategic thinking.
- Embrace change management efforts to drive business process improvements.
- Cultivate a winning environment through open and effective communications (with partners and teammates), mutual trust and respect, professionalism, embracing diversity & inclusion, a commitment to excellence, personal accountability, integrity, flexibility, and an encouraging positive attitude.
- Support various RRE, ESGS & GTSO efficiency Initiatives
- Integrate systems, processes and reporting to provide an accurate financial picture with tight adherence to financial standards.
- Ensure staff meets the defined compliance and control measures that incumbent establishes which follow internal controls, regulatory and legal.
- Ensure effective processes are implemented to tie into major project or initiative timelines and milestones.
- Provide support as needed for key regulatory requirements, including fuel flexibility, environmental, regulatory hydro, and other items as required for the business operations.
- Plan, coordinate and direct work to support regulatory data requests.
- Beyond state and federal utility regulatory issues, the incumbent will work with internal audit, corporate accounting, corporate planning, and tax for resolution of issues.
Basic/Required Qualifications (Manager Financial Forecasting I)
- Bachelor degree in Finance, Accounting, Economics, Business, or other related degree
- Minimum of 8 years related work experience
- Bachelor degree in Finance, Accounting, Economics, Business, or other related degree
- Minimum of 8 years, including at least 2 years of successful direct people management experience
- Understanding of financial planning, budgeting, economic analysis, and forecasting strategies
- Ability to communicate effectively both verbally and in writing with peers and senior management.
- Extensive analytical skills, detailed oriented and strong business acumen
- Ability to identify issues and propose thoughtful and innovative solutions.
- Ability to analyze statistical information and recognize significant variances, trends, and irregularities.
- Self-motivated; able to work independently and in a team environment with an ability to prioritize, handle and track multiple assignments.
- Strong information technology skills – understanding of financial systems, (i.e. PeopleSoft FMIS, Power Plan, Analytical Services, Business Rules-SAAS, WebI, etc) and proficient in Microsoft Office (Excel, Word, and PowerPoint), PowerBI, Power Pivot and Power Query
- CPA or MBA preferred.
- General understanding of GAAP accounting principles and internal controls.
- Excellent organizational skills including ability to manage workload and competing priorities.
- Strong leadership skills
- Strong collaboration & communication skills
- Ability to influence and negotiate effectively.
- Experience in directing, developing, motivating, conflict management and decision making.
- Prior Supervisory experience desired with demonstrated ability to maintain a motivated and engaged team.
- Business/ financial background that includes strong understanding of both Capital & O&M business practices within operational organization.
- Ability to deliver superior results within allocated time through effective prioritization, scheduling, planning, delegation, and execution of assigned tasks.
- Experience interfacing effectively with executive leadership.
- Prior accounting and reporting experience in an operational role
- Prior experience including financial planning, supporting business planning efforts, regulatory experience and serving in a business management/ finance consulting role
- Experience with financial applications (i.e. PeopleSoft FMIS, Power Plan/LRP, Analytical Services, SAS Business Rules, WebI, Maximo, CAP)
- Experience with RRE, ESGS & GTSO Operations
- Hybrid Mobility Classification – Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to the assigned Duke Energy facility.
5-15%
Relocation Assistance Provided (as applicable)
No
Represented/Union Position
No
Visa Sponsored Position
No
Posting Expiration Date
Friday, February 7, 2025
All job postings expire at 12:01 AM on the posting expiration date.
Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.
Privacy
Do Not Sell My Personal Information (CA)
Terms of Use
Accessibility
