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Entergy Sr Mgr, Finance Business Partners (COO Organization Support) in The Woodlands, Texas

Date: Oct 22, 2020

Location: The Woodlands, Texas, United States

Company: Entergy

This position can work out of our New Orleans, LA office location with travel up to four(4) times per month to our Woodlands, TX office.

Job Summary / Purpose

Role is responsible for the critical financial analysis, oversight, and partnership with multiple leaders across the Chief Operating Officer (COO) organizations (including the Power Generation, Transmission, System Planning, Capital Projects, Incident Response, NERC/CIP, and Safety & Operational Excellence groups) to assist in establishing financial plans and driving business decisions through fact-based, financial data and analytics. Also, advise the Director of FBP Function Planning on financial results and plans, evaluating challenges to the plan and making recommendations to adjust accordingly.

Job Duties and Responsibilities

Provide strategic financial leadership to the business to develop, monitor and report on Entergy's financial performance and plans (current year plus 5-year/long-term), including providing recommendations to strategically enhance financial performance and business opportunities.

Periodically assist in preparing related assumptions documents to support Entergy's Board of Directors, Regulatory Strategy and Filings, Corporate Development and Rating Agency presentations. Also prepare applicable material for the Office of the Chief Executive (OCE) leadership team, Utility Leadership Committee (ULC), Strategy Group sessions and the Board of Directors.

Conduct in depth analysis on strategic initiatives and investments by running scenarios to fully evaluate the implications to Entergy and related line of business financial plans.

Coordinate target setting process for capital, O&M and other spending for Entergy to enable development of detailed forecasts, including recommendations to optimize functional spending requirements with line of business financial results. Monitor and report on actual results compared to budget/forecast.

Report and explain monthly, quarterly and annual budget performance to Entergy's CFO and management team. Identify accounting and financial issues and ensure these issues are adequately resolved with the assistance from others within the Accounting/Finance department.

Know and assure business unit(s) compliance with regulations under which Utilities operate: NRC, state public service/utility commissions, etc. Provide financial data to support plan and future rate cases.

Act as primary liaison for business unit with the finance functions and provide a single point of contact for financial guidance to the business units. Work with Accounting to provide input for recording unique transactions, contracts, etc.

Act with fiduciary prudence in the best interest of the ratepayers and shareholders. Align the functional spending plans/strategies with business financial plans, evaluating functional impact as well as legal entity and ETR results. Develop management recommendations regarding strategy and timing of expenditures.

Assure all expenditures adhere to strict fiduciary guidelines including Sarbanes Oxley, etc. Execute SOX testing and provide necessary training to ensure consistency in processes and adherence to financial standards and policies. Also advise on capital and O&M determination, accruals, corrections, loader rates, establishing project codes including input on scope statements, function-specific accounting issues, time entry issues, etc. Proactively manage issues and mitigate risks.

Minimum Requirements: Education

Requires a college or university degree in Finance or Accounting (or equivalent work experience).

Graduate degree (MBA or Masters in Finance or Accounting) highly desirable.

Minimum Requirements: Experience

7+ years, with financial leadership roles

Desired: 10+ years financial leadership roles

Minimum Knowledge, Skills and Abilities

Interpersonal/leadership skills and ability to communicate externally and at all levels of the organization. High level of integrity and dependability with a strong sense of urgency and results orientation. Proficiency in PC Windows environment and ability to work with financial planning models. Flexibility to work in an environment to meet the needs of the OCE and the Board given time-sensitive nature of work from time to time (which requires work beyond standard working hours). Knowledge of GAAP, FERC and regulatory accounting.

Minimum Requirements: Certifications / Licenses

CFA or CPA desirable.

Primary Location: Texas-The Woodlands

Job Function :Professional

FLSA Status :Professional

Relocation Option: No Relocation Offered

Union description/code :NON BARGAINING UNIT-NBU

Number of Openings :1

Req ID: 100397

Travel Percentage :25% to 50%

An Equal Opportunity Employer, Minority/Female/Disability/Vets. Please click here to view the full statement.

WORKING CONDITIONS:

As a provider of essential services, Entergy expects its employees to be available to work additional hours, to work in alternate locations, and/or to perform additional duties in connection with storms, outages, emergencies, or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.

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