What are the responsibilities and job description for the Director/Vice President of Business Management position at LS Power?
About us:
Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions. Since inception, LS Power has developed or acquired over 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through LS Power Grid, the Firm has built and operates approximately 780 miles of high-voltage transmission with another 350 miles and multiple grid infrastructure projects currently under construction or development. Across its efforts, LS Power actively invests in and scales businesses that are accelerating the energy transition, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised $65 billion in debt and equity capital to support North American infrastructure.
Our Purpose, Mission, & Values:
Our Purpose is to solve complex energy problems that improve the world
Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem
Our Values are the willingness to participate in and help strengthen our culture of integrity, Innovation, Teamwork, and Taking Ownership
Our People create value and are our Most Valuable asset. We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.
Benefits
We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.
About the Role:
LS Power is seeking a Director or Vice President of Business Management to oversee LS Power’s Transmission only Utility in ERCOT. The Vice President or Director will have management responsibility of the transmission utility’s business, including growth opportunities, capital planning, rate recovery, legislative and regulatory policy, stakeholder relations and compliance. In this role, you will have support from and collaborate with subject matter experts across the functional groups supporting the business including operations, maintenance, planning, compliance, accounting, regulatory, and rates. This position will report directly to executive management with exposure to all facets of the business.
Responsibilities
What you will do:
We want you on our team because you:
Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions. Since inception, LS Power has developed or acquired over 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through LS Power Grid, the Firm has built and operates approximately 780 miles of high-voltage transmission with another 350 miles and multiple grid infrastructure projects currently under construction or development. Across its efforts, LS Power actively invests in and scales businesses that are accelerating the energy transition, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised $65 billion in debt and equity capital to support North American infrastructure.
Our Purpose, Mission, & Values:
Our Purpose is to solve complex energy problems that improve the world
Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem
Our Values are the willingness to participate in and help strengthen our culture of integrity, Innovation, Teamwork, and Taking Ownership
Our People create value and are our Most Valuable asset. We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.
Benefits
We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.
About the Role:
LS Power is seeking a Director or Vice President of Business Management to oversee LS Power’s Transmission only Utility in ERCOT. The Vice President or Director will have management responsibility of the transmission utility’s business, including growth opportunities, capital planning, rate recovery, legislative and regulatory policy, stakeholder relations and compliance. In this role, you will have support from and collaborate with subject matter experts across the functional groups supporting the business including operations, maintenance, planning, compliance, accounting, regulatory, and rates. This position will report directly to executive management with exposure to all facets of the business.
Responsibilities
What you will do:
- Plans, organizes and directs the day to day operations of the business.
- Develops policies, strategies, and programs to support business objectives.
- Lead new business development initiatives across the Utility working closely with the Legal and Regulatory teams
- Review, evaluate, and recommend asset strategy projects and long-term plans in collaboration with the Asset Management & Transmission Planning teams.
- Manage and mitigate asset related business risk and opportunities.
- Guide and direct the regulatory and legislative affairs team in ERCOT
- Relationship building with key stakeholders
- Work closely with the Legal & Compliance oversight team to ensure compliance with NERC, FERC, and standards of conduct for the utility
- Act as the subject matter expert on all commercial agreements and ensure compliance of contract and other asset obligations.
- Prepare, manage, and monitor annual budgets.
- Understand and apply industry standards, applicable state and federal regulations.
- Prepare status reports by collecting, analyzing, and summarizing information and trends.
- Management of small capital projects or initiatives as required
- Oversee asset integration for new projects / system expansions in close collaboration with the Project Development and Project Management teams
- Work closely with the Accounting & Rates teams regarding all aspects of the Utility including rate filings
We want you on our team because you:
- Hold a BS in Engineering (Mechanical/Electrical preferred) from an accredited university.
- Bring a minimum of 10 years of experience, preferably in the electric utility, consulting, or contracting industry
- Are proficient in Microsoft Office Suite of applications including Word, Excel, PowerPoint, Outlook, and Project
- Understand accounting and financing principles including the FERC chart of accounts
- Possess knowledge of regulated utilities including experience with NERC compliance obligations
- Have experience working with ERCOT, TRE & the PUCT (highly desirable)
- Leadership & Teamwork-Balances team and individual responsibilities; contributes to building a positive team spirit; puts success of team above own interests; supports everyone's efforts to succeed.
- Initiative-Self-starter; Works independently with little direction & guidance
- Communications-Expresses ideas and thoughts verbally & in writing well; exhibits good listening and comprehension; keeps others adequately informed; communicates effectively among all levels of the organization
- Problem Solving-Identifies and resolves problems in a timely manner; develops alternative solutions; uses reason even when dealing with emotional topics.
- Cooperation-Establishes and maintains effective relations; exhibits tact and consideration; offers assistance and support to co-workers; works cooperatively in group situations.
- Adaptability-Adapts to changes in the work environment, able to deal with frequent change, delays, or unexpected events.
- Quality-Demonstrates accuracy and thoroughness; looks for ways to improve and promote quality.
- Time Management – Exhibits a high level of organization with the a bility to effectively and efficiently manage a wide range of tasks across all facets of the business.
- Adaptability / Flexibility - Ability & openness to learn new concepts, software and systems as necessary
