at Chesapeake Utilities Corporation in NewarkNewark, Delaware, United States
Job Description
Description
Director of Finance
Chesapeake Utilities Corporation
Location: Hybrid - Newark, DE or Yulee, FL
What makes us great...
At the heart of our Company is a dedication to delivering energy that drives progress. We put people first, work to keep them safe and build trusting relationships.
What you'll be working on...
Cash Management
Direct management of treasury activities including daily cash management, managing short-term investments and trade settlement procedures, banking relationships, debt compliance, manage working capital needs, and monitoring market activity.
Develops and implements cash management operational strategies.
Manages and mitigates financial risk as it relates to treasury operations.
Develop and manage financial models/projections to forecast the Company's cash/liquidity position.
Identifies and implements best practices and efficiencies to improve the overall performance of the department and organization.
Capital Management
In tandem with the CFO and Assistant Treasurer, develop and implement the Company's long-term and short-term financing strategy.
Provides Analysis and recommendations on optimal capital structure alternatives and roadmap to implementation.
Supports all aspects of the financial structure:
Debt: negotiating and executing financing transactions as needed, including bank facilities, debt financing, lenders, documentation review and covenants under the Assistant Treasurer and CFO's direction.
Equity: maintaining and implementing new equity financing plans, including compensation, DRIP, Direct Stock Purchase, ATMs and other secondary offerings under the Assistant Treasurer and CFO's oversight.
Assist with execution of all capital market transactions.
In tandem with Assistant Treasurer, pursues, obtains and monitors selected credit ratings.
Analyzes and recommends potential alternative financing structures and solutions, and explains/shows their impact on EPS, balance sheet, tax effects and financial ratios.
Oversees the process to ensure interest rate risk management.
Develops materials and other documents in preparation of annual dividend increase recommendations, as well as, policy changes for consideration by the Chief Financial Officer.
Risk Management
Serves as a key business partner to the Safety function and supporting councils/committees.
Manages the risk management program as it relates to insurance.
Oversees claims reporting, monitoring and metrics.
Analyze third party and Chesapeake data to provide recommendations to the Assistant Treasurer, on the renewal process, considering new insurance products, deductibles and strategies.
Retirement Plan Investment Management
Assist with analytical support in investment and liquidity management - asset allocation, manager selection, performance tracking, investment guidelines and compliance - for the Company's pension and retirement savings plans.
Credit Management
Direct the credit evaluation of large customers/counterparties.
Act as a key advisor to the Risk Management Committee.
Support Business Units business plans with assessment of counterpart relations, credit standing, and trade documents.
Financial Analysis
Oversee stock valuation analyses and peer metric analyses.
Oversee financial target development, monitoring and implementation, including ongoing analyses related to target ROEs.
Oversee modelling and analytics related to compensation design and metrics, including developing routine reporting.
Prepare materials and other content for investor relations communications.
Complete due diligence as part of M&A activity related to treasury functions, including finance modeling, due diligence and treasury integration.
Prepare materials and testimony necessary to support rate cases as well as routine Public Service Commission financing applications.
Work closely with the Assistant Treasurer on refining the vision and strategy for Treasury/Finance to meet the Company's growth strategy and operational blueprint.
Work to implement best practices and strive towards more "best in class performance".
Assist with FP&A and develop models that support the Company's financing plans and strategies and also gain exposure to the modelling performed by the Corporate Development group.
Assist with preparation of materials presented to the Board of Directors and Audit Committee regarding Financial Planning, Insurance, Dividend Policy, and appropriate board resolutions.
Who you are...
BS/BA in Business, Economics, Accounting, Finance, or related quantitative field.
MBA, CFA and/or CPA strongly desired.
Extensive (10+ years) company experience in a variety of Finance/ Treasury/ Investment management positions. Including experience in debt and equity capital market transactions, credit facility negotiations and management as well as interactions with the rating agencies.
Strong modelling and analytics capabilities.
Must possess a high... For full info follow application link.
