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Sr Manager Enterprise Budget

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Date: Aug 1, 2019

Location: San Antonio, TX, US, 78205

Company: CPS Energy

We are engineers, high line workers, power plant managers, accountants, electricians, project coordinators, risk analysts, customer service operators, community representatives, safety and security specialists, communicators, human resources partners, information technology technicians and much, much more. We are 3,300 people committed to enhancing the lives of the communities we serve.  Together, we are powering the growth and success of our community progress every day!

 

CPS Energy is seeking a strategic Sr Manager Enterprise Budget to lead the organization’s budgeting and forecasting processes!

 

Paygrade: 19

Deadline to apply: Open until filled

Position Summary

The Sr. Manager, Enterprise Budget Planning manages the corporate level budget and forecast processes. In addition, the position is responsible for developing and maintaining the organization’s financial decision support capability to include forward looking analytics, reporting & dashboards, business case development and independent financial analysis and cost model development. The Sr. Manager, Enterprise Budget Planning is a trusted advisor to the enterprise, a strategic business partner for the business units, an integrated planning checkpoint, and a critical contributor to the rate request process with our owner / regulator, the City of San Antonio. This position reports directly to the Director of Financial Planning & Analysis.

Tasks and Responsibilities
  • Leads, coaches, and develops a team composed of four financial analysts.
  • Leads the Corporate Financial Planning Process
  • Leads the process of gathering and validating corporate budget assumptions, coordinates the establishment of the corporate budget calendar, develops budget communication, and leads financial strategy and budget target analyses.
  • Serves as the Financial Planning liaison to the Enterprise Integrated Planning Process, working with counterparts in Business Planning, Risk, Strategy and Compliance to integrate efforts during the planning process.
  • Partners with the budgeting organizations and Portfolio Management to develop budget data templates, standard definitions and scoring methodologies to lead corporate prioritization and resourcing exercises.
  • Leads the development of financial planning presentations for informational sessions with the Board of Trustees and the final budget board approval presentation.
  • Leads the Monthly Financial Forecast Process (Latest Estimate)
  • Prepares and delivers monthly O&M and Capital reporting package used by the budget teams to conduct their re-forecasting exercises. 
  • Manages the accuracy, quality and effectiveness of the monthly Latest Estimate, conducting independent trending and insight analysis to supplement the monthly forecast and Monthly Financial Update to the Board.
  • Serves as the O&M and Capital Business Planning metric owner, ensuring an auditable trail for metric performance is maintained and that monthly actual and forecast data is provided timely.
  • Produces and Distributes the Latest Estimate presentation monthly on time according to previously agreed upon schedule.
  • Responsible for the oversight and management of the Business Case Team, Cost Model development and FP&A data analytics dashboards.
  • Provides guidance and quality control to include, review of all deliverables to make sure each has a sound framework which includes identification of the problem statement, overview and scope, utilizes proper financial principles, and that the deliverable is socialized amongst invested stakeholders, and that the presentation of the material is prepped and ready for executive decision makers.
  • Responsible for the development and maturity of the business case discipline/ to include the development of training materials, classes and conducting training presentations at all levels of management.
  • Manages corporate reporting and analytics in support of CPS Energy’s responses to the City of San Antonio and Council requests for CPS Energy Budget information.
  • Performs other duties and serves on special project teams as assigned.
Minimum Skills
Minimum Knowledge and Abilities
Experience with financial management or budgeting.
Demonstrated leadership experience. May be through formal supervisory experience or achieved informally, e.g. by directing the work of a junior colleague or through significant peer leadership experience
Demonstrated track record of progressively complex analytical assignments and experiences in the areas of finance, accounting, economics, or other analytical business disciplines.
Ability to apply statistical principles to analytical products (e.g., regression analysis, time series analysis, rolling average analysis).
Ability to think strategically and operate effectively with management.
Capable of effectively communicating complex ideas and analysis verbally, in document format (like MS Word), and in presentation format (like MS Power Point).
Ability to establish and maintain strong working relationships with other team members, external counterparties, and with colleagues at all levels within CPS Energy.
Ability to negotiate with others and use informal influence to achieve desired business outcomes and resolve conflicts.
Preferred Qualifications
  • MBA with a concentration in Accounting, Finance, Economics or related field.
  • CFA (Chartered Financial Analyst), CMA (Certified Management Accountant), FP&A certification or comparable professional designation.
  • Experience with Enterprise Resource Planning solutions (e.g., SAP, BPC, PeopleSoft, or Hyperion).
  • Experience with the electric or gas utility industry gained through experience at an electric / gas utility, consulting agency, or other professional service provider serving the industry.
  • Experience with modeling and simulation, data mining, general data analytics.
  • Experience with Data Visualization software and techniques (e.g., Tableau).
  • Intermediate level experience with Project Management.
Competencies
Navigating Organizations
Communicating Effectively
Working with Ambiguity
Acting Decisively
Driving Projects to Completion
Delivering High Quality Work
Minimum Education
Bachelor's Degree in Accounting, Finance, Economics, Math, Business Administration or Other quantitative field from an accredited university, combined with applicable work experience.
Required Certifications
Working Environment
Indoor work, operating computer, manual dexterity, talking, hearing, repetitive motion. Use of personal computing equipment, telephone, multi-functioning printer and calculator. Ability to travel between business related events. Work hours may be extended.
Physical Demands
Office Environment

CPS Energy does not discriminate against applicants or employees. CPS Energy is committed to providing equal opportunity in all of its employment practices, including selection, hiring, promotion, transfers and compensation, to all qualified applicants and employees without regard to race, religion, color, sex, sexual orientation, gender identity, national origin, citizenship status, veteran status, pregnancy, age, disability, genetic information or any other protected status. CPS Energy will comply with all laws and regulations.


Nearest Major Market: San Antonio

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