Vice President, Finance - Water Service Corporation
Chicago, IL 60601
About the Job
Nexus Water Group is a leading regulated water and wastewater utility serving more than 1.3 million people across 20 U.S. states and 2 Canadian provinces.
"Nexus" means connection. Through the essential water and wastewater services we deliver, we have a very personal connection to the people, businesses, and communities we serve. This is why our operations are locally led and managed. Every day, over 1,300 professionals deliver vital, safe, and reliable service through over 670 water systems and 360 wastewater systems.
What We Offer
- Paid Time Off and Holidays: Starting at 3 weeks annually and paid company holidays
- Comprehensive Benefits: The first day of the month after your start, you'll have access to your health, dental, prescription and vision benefits to help you stay well. Other great benefits include company provided life insurance and Employee Assistance Program just to name a few.
- 401(k) Program: Employer contribution. Employer contribution made to the 401(k) plan are vested at 100% and start 30 days after your start.
- Grow with us: Professionally development opportunities through training, professional certifications, and education allowance
- Employee Resource Groups (ERG): ERGs are voluntary employee groups that form based on shared characteristics or backgrounds and are sponsored by the organization.
Overview
The Nexus Water Group team has an opportunity for a Vice President, Finance. The Regional Director, Financial Planning & Analysis provides analytical and strategic leadership of the finance function within the region. This position is responsible for leading and directing a team of finance professionals on delivering timely and accurate financial reporting and analysis to regional leadership in support of influencing critical decision making for the region.
Work Location and Schedule
This position can be in Chicago, IL, Mandeville, LA, Atlanta, GA, Savannah, GA or Birmingham, AL.
What you'll do
- Leads monthly reporting and analysis of actual versus budget/forecast variances to provide explanations and guidance to regional leadership and to support decision making.
- Leads the process of budgeting and forecasting all portions of the income statement, capital portfolio, financing and cashflow for the region.
- Serves as a strategic partner in the rate case process, by providing financial data, analysis and support. Helps develop questioning and collaborates with the Director of Regulatory Affairs to create a strategic testimony approach for all witnesses.
- Develop and maintain short and long-range financial planning models in the Adaptive Insights system, work with the Director of Regulatory Affairs to identify gaps between allowed returns and achieved returns.
- Lead the financial operations for the region including budgeting, forecasting, and financial reporting while ensuring compliance with accounting principles, tax regulations, and legal requirements
- Provides functional leadership and direction of the finance team
- Direct the day-to-day responsibilities of FP&A in the region
- Accountable for the maintenance of the corporate financial model, and for the creation and maintenance of contract pricing models, revenue management models, and long-range financial forecasts
- Prepare business analysis including appropriate valuations regarding individual company acquisitions and divestments.
- Manages the processes and provides services for risk evaluation, research, valuation, due diligence, risk assessment, and other transaction support activities for M&A initiatives
- Review and work with Operations and Senior Vice President/BU President on KPI targets and goals for the region
- Provide training and development opportunities to regional staff and leadership towards improving business decision-making, financial data collection, and orientation towards meeting the organization's financial goals
- Participates as needed in regulatory filings and/or responses. Reviews and/or prepares working papers and analysis for annual audit requirements and responding to internal and external audit requests and inquiries. Assists in preparing discussion, analysis, commentary, and presentation material for monthly and quarterly financial reporting
- Ensure all financial requirements are met including audit, tax payments, debt payments
- Provides analysis on optimal regional staffing levels and identifies the financial impact
- Provide consultation between operations, leadership, accounting, and other administrative departments on finance related topics
- Plays an active role in Shared Services project as a representative, providing insight from an operations and data management perspective on key initiatives
- Direct/assist month-end close activities
What you'll bring
Experience
- A minimum of 7 years of accounting/finance experience with increasing levels of responsibility and supervisory roles. Must possess an in-depth understanding of GAAP.
Education
- Bachelor's Degree in Accounting or Finance, or equivalent experience.
Nice to Have
- MBA
- CFA or CPA
- Familiarity of utility accounting standards.
Knowledge, Skills and Abilities
- Strong business analytical approach with ability to avoid material mistakes
- Ability to maintain confidential information
- Ability to analyze financial data and prepare financial reports, statements and projections
- Ability to motivate others in pursuit of Company goals and to produce quality work within strict timeframes while simultaneously managing several projects
- Excellent problem-solving skills
- Excellent time management skills, including ability to multitask, prioritize and great attention to detail
- Duties require broad conceptual judgment, initiative and ability to deal with complex finance and accounting issues
- Ability to coach others on key finance and accounting processes and serve as a reference for the region
- Team-oriented interpersonal skills including collaboration, communication, and coaching
- Comfortable with working through and making decisions in ambiguous situations
- Communicates clearly in both written and verbal formats
- Ability to manage change to processes and offer solutions
Working Conditions
- Light to moderate levels of physical activity on an occasional to regular basis
- Majority of time spent working indoors, under normal office conditions.
About Our Company
We are a proud Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any characteristic or condition protected by Federal, state, or local law.
