About us
Here at National Grid, we connect homes and businesses to power, making sure supply and demand match each other. We make sure the lights are on in schools, operating theatres, and sporting arenas; we're thousands of people working on behalf of millions of people. And whatever your role, wherever you work with us, you'll help us hit stretching targets and achieve our far-reaching goal : to secure, clean energy that supports our world far into the future. Here, you will be at the heart of energy.
At National Grid, we work towards the highest standards in everything we do, including how we support, value, and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organization, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.
About the Role
The CFO for National Grid Ventures' US business unit ("NGV US") is hiring a Senior Finance Business Partner - Complex Financial Modeling to produce and communicate the financial insights required to make informed commercial and investment decisions across NGV US' diverse portfolio of energy assets and projects. National Grid Ventures (NGV) is building the resilient and affordable energy networks of the future. We operate across the UK, Europe and US, developing, operating, and investing in large-scale energy infrastructure projects. NGV runs separately from National Grid plc's core regulated operations and is focused on building and operating the infrastructure needed to generate and transport energy to keep the lights on for millions of energy users. NGV US is a key part of NGV and includes :
- National Grid Generation, a fleet of nearly 4 GW of conventional electric generation on Long Island, New York
- National Grid LNG, an LNG storage and liquefaction facility in Providence, Rhode Island
- New York Transco, a joint venture with New York's other electric transmission utilities that owns, operates, and develops competitive transmission projects in New York
- A business development team focused on originating and delivering competitive transmission projects in the Northeast, Mid Atlantic, and Midwest regions of the US
What You'll Do
Build and maintain complex full-life financial models to support informed decision makingDevelop and maintain an in-depth understanding of how NGV US' businesses make money and the risks that impact the businesses' ability to deliver their financial performanceScope and perform sensitivity analyses within financial models using automation and artificial intelligenceSupport production of investment decision papers presented to National Grid's Investment Committee and Board with financial metrics derived from the complex financial models (e.g., IRR, NPV, payback period, earnings impact, credit rating metrics, debt metrics)Use financial models to develop scenarios to be included in National Grid's recurring financial forecast (e.g., quarterly rolling forecasts and annual strategic business plans)Build and maintain positive working relationships with key stakeholders and subject matter experts in Business Development, Finance, Accounting, Insurance, Tax, Treasury, Legal, Market Fundamentals, etc. to enable integration of relevant expertise and inputs into financial modelsDeliver excellent customer service to the NGV US business as a senior member of the customer-facing Finance Business Partnering teamBecome a trusted partner to the NGV US business and the go-to source for financial insightsAdapt communication of complex financial concepts to a range of financial and non-financial stakeholders to drive informed decision makingWhat You'll Need
Extensive experience (10+ years) building and maintaining complex financial models within the energy industryExperience modeling key concepts like rate base, AFUDC, return on rate base, return of rate base / depreciation, current and deferred income taxes, accelerated tax depreciation, tax credits, interest coverage ratios, electric energy and capacity revenue, operating costs specific to energy infrastructure, three-statement models, etc.Experience modeling IFRS and U.S. GAAP based financial statementsKnowledge of financial modelling best practicesMicrosoft Excel power userExperience performing Monte Carlo simulationsExperience integrating macros, automation, and artificial intelligence into financial modelsKnowledge of energy markets and how regulated and unregulated energy companies make moneyExtreme attention to detailCommercial mindsetInnate curiosity about how businesses make money and how to translate this into financial modelsSelf-starter, driven, and motivated to deliver results and continuously improveAbility to prioritize work and support multiple projects / teams at onceAbility to communicate complex financial concepts in a clear, concise, and impactful wayComfort working through ambiguity and supporting projects across NGV US's diverse portfolio of businessesExcellent interpersonal skills with the ability to build and utilize internal networksPassionate about doing the right thingComfortable speaking up, even in difficult situationsExperience working in a large organization with multidisciplinary teamsMore Information
#LI-NK1 #LI-HYBRID #LI-FINANCIAL MODELS
Annual Salary
Waltham and surrounding areas : $181,000-$213,000
Brooklyn and surrounding areas : $194,000-$228,000
Salary commensurate with experience and location.
National Grid utilizes an assessment that evaluates the job qualifications / characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.
National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.