Director of Financial Planning and Analysis

Liberty; New Jersey; On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

401k Plan with matching

Share purchase/match plan

Leadership Development Program

Volunteer paid days off

Employee Assistance Program

Free parking

Job summary

Algonquin Power & Utilities Corp. (AQN), parent company of Liberty Utilities, seeks a Director of Financial Planning & Analysis to lead monthly reporting, forecasting, and analysis for Liberty Utilities commodities.

You will partner with DBG Leadership and Corporate Finance to drive actionable insights and ensure robust planning processes. Ideal candidate has 10+ years in FP&A within utilities, strong GAAP knowledge, and a CPA/CMA designation; leadership and change-management experience are

Qualifications

• More than 10 years of FP&A experience with strong leadership.
• Strong knowledge of accounting theory, GAAP, and CFR.
• Utility accounting experience is an asset.
• Ability to analyze, interpret and report financial information.
• CPA/CMA designation required.
• University degree required.

Responsibilities

• Lead the monthly management reporting of P&L, balance sheet, capex, cash flow, KPIs, and scorecards for the Region of the DBG.
• Provide value-added analysis to DBG Leadership, Regional Leadership, Corporate Finance and state functions.
• Explain results against budget and prior year to drive action and improve performance.
• Provide ad hoc financial support to Regional and State stakeholders.
• Develop and improve reporting/analysis to enhance understanding of performance.
• Ensure accuracy of monthly results by comparing to budget with regional teams.
• Lead the Region's rolling forecast and quarterly updates.

Skills

FP&A leadership

Accounting knowledge

Regulatory reporting

Analytical skills

SOX controls

Education

CPA/CMA designation

Tools

Great Plains

Job description

Algonquin Power & Utilities Corp. (AQN), parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, reliable, and cost-effective energy and water solutions through our portfolio of utility investments to over one million customer connections, largely in the United States and Canada.

At Algonquin, our vision is to be the most trusted utility service provider in North America – a premium regulated utility, known for our customer focus, commitment to sustainability, and strong community partnerships. Our employees are at the heart of that vision. We believe that when people are empowered to learn, grow, and contribute their ideas, we can achieve remarkable results together.

We are building a culture that values integrity, inclusivity, and innovation. By joining Algonquin, you’ll be part of a team that is shaping the future of energy and water, while creating long-term value for our customers, communities, employees, and shareholders.

Purpose

This Director, Financial Planning & Analysis leads the reporting, analysis and forecasting for Liberty Utilities commodities.

Accountabilities

• Lead the preparation of monthly management reporting of financial and operational results for the Region of the Distribution Business Group (DBG), including: P&L, balance sheet, capital expenditures, cash flow, key performance indicators (e.g. return on equity) and balanced scorecard metrics.
• Deliver value-added analysis and insight to all stakeholders (DBG Leadership, Regional Leadership, Corporate Finance and state utility functions - Regulatory, Operations, Engineering, etc).
• Explain results against budget and prior year, ensuring stakeholder understanding of root causes of performance and driving action to improve future performance and manage risk.
• Provide ad hoc financial support to Regional and State stakeholders
• Continuously develop and improve reporting and analysis to advance understanding of company performance
• Working with regional financial reporting and accounting teams, ensure accuracy and completeness of monthly financial results by comparing preliminary results against budget
• Lead and manage the preparation of the Region's rolling forecast, ensuring it is updated at least quarterly.
• On an annual basis, use the rolling forecast to prepare the Region's input to the Long Term Model and Budget (each delivered to the Board of Directors).
• Working with the Regional leadership team, communicate and present the forecast/budget to DBG Leadership and Corporate Finance.
• As part of the Region's rolling forecast, lead and manage the preparation of the Region's capital plan, ensuring it is updated at least quarterly and for all regulatory outcomes.
• Working with state utilities, proactively manage the timing of capital expenditures, prioritizing projects to ensure the Region achieves its ROE targets.
• Support Regulatory filings possibly including but not limited to providing and reviewing input and draft responses for filings appropriate for gov't agency requests
• Develop and monitor a strong control environment, ensuring adherence to internal controls, company policies, procedures, SOX requirements and GAAP. Expedite remediation of any control deficiencies.
• Provide support for external and internal audits, resolving issues in a proactive manner.
• Coach and Develop direct reports with regular performance reviews related to SMART goal setting and achievement
• Foster an environment of excellence and teamwork
• Actively participate in the identification and execution of process improvement/best practice initiatives

Education and Experience

• More than 10 years of FP&A experience with strong leadership skills
• Strong knowledge of accounting theory, generally accepted accounting principles and the Code of Federal Regulations
• Utility accounting experience an asset
• Ability to analyze, interpret and report financial information
• Strong computer skills in word processing, spreadsheets and database applications
• Experience with Great Plains system would be an asset
• University Degree and CPA/CMA designation

Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business and as an employee team.

As the successful candidate

Our Mission

We provide safe, secure, reliable, cost-effective and sustainable energy and water solutions. Our mission is how we create value as an organization—it is what drives us every day to fulfill our purpose.

Our Vision

We better the lives of our customers and communities. Our vision is what we see as possible. It's where we aspire to be, what we want to achieve and how we'll make animpact. It guides and keeps us on the right path as we work towards fulfilling our purposes.

• Customer Centric
• Integrity
• Teamwork
• Outcome focused
• Continuous learning

What we offer

Collaborative environment with a genuine flexible working policy

401k Plan with matching

Share purchase/match plan

Leadership Development Program

Volunteer paid days off

Employee Assistance Program

Achievement fund

Free parking

Variety of Health & Wellness programs

Discount and Perks program

We are an equal opportunity employer and value each person's unique background, diversity, experiences, perspectives and talents.

Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honour this commitment in their daily responsibilities.