The posting
A little about Capital Power
Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.
Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!
Your Opportunity
One Permanent Full Time Position.
Reporting to the Senior Lead, US Commercial Reporting, the Senior Specialist, Commercial Reporting supports the U.S. flex-gen fleet in the PJM market by preparing financial reports and analyzing trends to inform business decisions. This role requires strong knowledge of power plant operations, energy markets, and advanced analytical and accounting skills. Key responsibilities include developing valuation models, evaluating contracts, leading budgets and forecasts, and supporting asset management and commercial opportunities.
Key responsibilities/accountabilities
- Understanding plant operating characteristics, providing strategic advice and insightful commentary as a financial expert on U.S. flex-gen facilities, directly influencing high-level business decisions.
- Leading the development of the long-term plan, annual budget, and quarterly forecasts for the assigned facilities, in collaboration with internal stakeholders.
- Analyzing and reporting on monthly, quarterly, and annual variances, with a focus on the business and key drivers/trends.
- Providing comprehensive financial insights and updates that drive overall business success and optimization of value for the assigned assets, including value-add targets assigned to Commercial Management for each asset.
- Providing input and recommendations that will impact strategic decisions, including providing financial data input and technical accounting advice to inform corporate acquisitions and divestiture decisions.
- Providing guidance and draft assigned sections of strategic asset management plans for the assigned generation facilities.
- Building and maintaining collaborative relationships with internal subject matter experts and other key stakeholders by managing and optimizing the process, timelines, expectations, and flow of information between the Commercial team and other cross functional groups.
- Delivering responses to analytical requests and/or data to the supported business partners in Commercial Management, Operations, and other functional areas of the company.
- Preparing financial models and written summaries to support project initiatives, budget presentations, and other commercial activities.
- Ensuring procedures are well-developed and established internal controls operate effectively, and that all analysis reflects key trends, assumptions and drivers to ensure business analysis that will enhance overall financial results.
- Identifying and executing process improvement opportunities to continually improve efficiency and automate tasks.
- Staying updated on industry trends, regulatory changes, and best practices in financial reporting.
Education and Experience
Education
- Completed degree in finance, accounting, economics, engineering or related field.
- A professional accounting designation or equivalent is an asset.
- A master’s degree is an asset.
Experience
- 5+ years of experience in finance with accounting, financial and analytical roles; preferably in the deregulated electricity or other related industry.
- Knowledge and experience in the power industry and/or PJM knowledge is preferred.
Technical & Other Skills
- Strong problem-solving and analytical skills, and an ability to handle a dynamic and full workload.
- Ability to work effectively with non-financial individuals.
- Strong attention to detail and accuracy.
- Excellent verbal and written communication skills.
- Presents well with the ability to represent the company with external parties.
- Ability to work with multiple internal and external stakeholders and foster positive relationships on multi-disciplinary issues.
- Takes initiative and can manage ambiguity and conflict with the ability to effectively exercise influence.
- Experience with Microsoft Power BI, Oracle, and/or Hyperion is an asset.
Working Conditions
- Hybrid office/work from our Washington, DC Office
- Some overtime required during peak times.
- Some travel to locations across North America will be required.
Additional Details
For candidates based in Washington, D.C., the annual salary range for this position is $129,000 to $157,000 USD. The final compensation offered will be based on a variety of factors, including the candidate's qualifications, relevant experience, skills, and internal equity considerations.
This position is eligible for health care benefits, retirement benefits, paid time off, and annual bonus.
Clearance of credit check is required for this position.
To be considered for this role you must be legally eligible to work in United States of America.
The successful candidate for this position will undergo an education verification, reference checks and criminal record check.
Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!
We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.
Depending on the posting requirements, relocation assistance may be available.
How To Apply and Next Steps
Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.
Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting [email protected].
Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.
Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.
