Sr Mgr Business Planning

Tampa Electric Co.; Tampa (FL); On-site; USD 140,000 - 190,000; Full time

Benefits offered by this job

401k Savings plan w/ company matching

Pension plan

Paid time off

Paid Holiday time

Medical, Prescription Drug, & Dental

Tuition Assistance Program

Employee Assistance Program

Wellness Programs

Job summary

Tampa Electric Co. is seeking a Senior Manager, Business Planning to lead the development, coordination, and execution of budgeting, forecasting, and cost accounting across one or more business units in Florida.

You will provide strategic financial insight, ensure accurate reporting, and influence cost management outcomes. You will supervise the Business Planning team, drive continuous improvement, and collaborate with Accounting, Tax, Operations, and Regulatory partners to align financial plans

Qualifications

• 8 years of progressive experience in accounting, financial budgeting, forecasting, cost control, and/or financial planning.
• Strong knowledge of U.S. GAAP and regulatory accounting.
• Ability to lead complex financial processes and communicate recommendations to management.
• Experience with cost tracking, close-out, and variance analyses.

Responsibilities

• Financial Analysis & Reporting: oversee monthly financial and operational results, closeout, variances, and reporting to senior management.
• Budgeting, Forecasting & Financial Planning: manage annual and long-term budgets; develop forecasts and scenario analyses.
• Cost Accounting & Compliance: guide cost tracking, intercompany allocations, and SOX/GAAP compliance.
• People Leadership: coach and develop Business Planning staff and ensure alignment with organizational goals.
• Regulatory Cost Recovery support: assist with cost recovery filings and regulatory submissions.

Skills

Financial analysis

Budgeting

Forecasting

Regulatory knowledge

Leadership

Communication

Cost accounting

Education

Bachelor’s degree in Accounting/Finance

Master’s degree in Accounting/Finance or MBA

Tools

SAP

BPC/EPM

PowerPlan

Job description

Power up a career with us. Our people are our greatest investments.

Be the light to help us keep our customers connected. If you are interested in a career and not just a position, Tampa Electric is the place to be! Tampa Electric offers competitive pay, a comprehensive benefits package and opportunities for growth and development in a friendly and professional work environment. We embrace diversity and the inclusion of all. We believe our differences, unique perspectives and talents are our strengths and integral to the success of our company.

We’re honored to serve approximately 780,000 customers across West Central Florida and safely provide them with clean, affordable and reliable electricity. We’ve been doing it for more than 100 years, and there’s so much more ahead.

Join our team of energy experts as we build on that legacy through innovation, continued solar investments, cost-effective and sustainable energy solutions all while keeping top-notch customer service at the center of all we do.

Tampa Electric is a subsidiary of Emera Inc., a family of energy companies which also includes TECO Peoples Gas and New Mexico Gas Company. Emera provides energy to residential and commercial customers in the United States, Canada, and the Caribbean, with career opportunities available in all of these locations.

POSITION CONCEPT

The Sr Mgr Business Planning serves as a leader within the Business Planning function and oversees the development, coordination, execution, and related accounting support for other operating revenue, operations and maintenance (O&M) expenses, capital expenditures, and related balance sheet accounts across one or more business units. Provides strategic financial insight for senior leadership and business unit leadership through financial reporting, analysis, financial planning, and accounting expertise that supports operational and strategic decision-making. Accountable for the accuracy, completeness, and timeliness of business unit financial information and planning deliverables and influences business unit financial performance, corporate forecast accuracy, regulatory support, internal control effectiveness, and cost management outcomes. Identifies financial risks and opportunities; collaborates with Accounting, Tax, Operations, Regulatory, and other business partners to align financial plans with organizational objectives; develops scenario analyses; and drives continuous improvement within the Business Planning function. Provides leadership and direction to Business Planning teams, including performance management, coaching, and professional development. Fosters a culture of accountability, collaboration, and continuous improvement while ensuring team resources and priorities are aligned with organizational objectives.

Primary Duties And Responsibilities

• Financial Analysis & Reporting: Responsible for managing and developing monthly financial and operational performance results, including month-end financial closeout activities, review of actual results, accruals, journal entry support, cost transfers, and detailed actual-to-budget, forecast, and prior-year variance analyses. Partners with Business Unit Vice Presidents, Directors, Project Management, and Operating Management to explain performance drivers, identify financial risks and opportunities, and develop contingency plans to optimize O&M expenses and capital expenditures. Leads the development and maintenance of reporting tools and processes for routine and ad hoc reporting and ensures monthly results are timely, accurate, complete, and useful for management decision-making. Reviews and approves business planning deliverables, variance explanations, and financial analyses before submission to Finance leadership, business unit leadership, auditors, or regulatory stakeholders.
• Budgeting, Forecasting & Financial Planning: Responsible for managing and developing Tampa Electric’s annual and long-term O&M expense and capital budgets. Leads the translation of business strategy, operational priorities, regulatory requirements, and financial targets into actionable short-term forecasts, long-term plans, and scenario analyses. Has authority to challenge forecast assumptions, collaborate with business unit leadership on financial submissions, approve planning deliverables within assigned scope, and elevate material financial risks, control concerns, or regulatory issues to Finance leadership. Manages and facilitates budget and forecast review sessions with Finance Senior Leadership, Business Unit Senior Leadership, and Operational Management. Develops and maintains financial planning methodologies, forecasting assumptions, performance metrics, and governance processes to ensure reasonableness of forecasts across business units.
• Cost Accounting & Compliance: Serves as subject matter expert, providing guidance to Tampa Electric’s Business Units on accounting procedures, cost tracking systems, intercompany cost allocations, month-end close-out activities, and financial reporting standards. Exercises independent judgment in evaluating complex financial, accounting, regulatory, and operational matters, including capitalization treatment, cost recovery considerations, forecast reasonableness, accrual support, cost transfers, and financial risk mitigation. Ensures financial planning, reporting, and closeout processes maintain compliance with Sarbanes-Oxley (SOX) requirements, internal control standards, GAAP, regulatory accounting requirements, and applicable company policies. Manages the implementation and monitoring of cost tracking and closeout procedures to ensure accuracy, audit readiness, and regulatory defensibility.
• People Leadership & Functional Management: Provides leadership, direction, coaching, and development to Business Planning Managers, Supervisors, and Analysts. Establishes departmental priorities, allocates resources, oversees performance management and succession planning activities, and fosters a culture of accountability, continuous improvement, collaboration, and professional development. Ensures the team has clear priorities, effective processes, and the capabilities needed to support Tampa Electric’s business planning objectives. Works across financial planning, accounting, and reporting systems to identify opportunities to improve process efficiency, data quality, documentation, and reporting consistency across the Business Planning function.
• Regulatory Cost Recovery & Clause Support: Provides financial leadership and analytical support for cost recovery clauses, including the Environmental Cost Recovery Clause (ECRC) and Storm Protection Program (SPP). Supports clause-related filings, cost recovery submissions, and audit responses with the Florida Public Service Commission. Maintains expertise in and manages financial storm-related activities, including cost estimation, financial coordination with internal and external stakeholders, and the accounting and tracking of storm-related recoverable costs, O&M expenses, and capital expenditures. Supports rate case testimony, underlying budgeted test-year financial assumptions, and post-storm cost recovery filing submissions with the Florida Public Service Commission, involving substantial expenditures with a high degree of financial exposure and audit scrutiny. Ensures financial analyses, documentation, and cost recovery support are accurate, well-controlled, and defensible in regulatory, audit, and management review environments.

Qualifications

Education

• Required:
• Bachelor’s degree in Accounting, Finance, or a finance-related field.
• Preferred:
• Master’s degree in Accounting/Finance or MBA.

Licenses/Certifications

• Preferred:
• CPA or other professional finance certifications.

Related Experience

• Required:
• 8 years of progressive experience in accounting, financial budgeting, forecasting, cost control, and/or financial planning, including demonstrated experience leading complex financial processes, partnering with business leaders, and developing recommendations for management decision‑making.

Supervisory Experience

• Required:
• 3 years of team supervision or project leadership experience.

Knowledge/Skills/Abilities

• Required:
• Working knowledge of U.S. GAAP and FERC regulatory accounting.
• Must be a strong facilitator with excellent communication skills and financial acumen.
• Must be proficient with financial analysis techniques, including budgeting, forecasting, variance analysis, cost accounting concepts, and the development of clear business recommendations.
• Must be able to translate financial, operational, or cost management goals into a course of action.
• Working knowledge of Tampa Electric’s capital, operations and maintenance, and clause procedures.
• Must be flexible and able to work in a fast‑paced, deadline‑driven environment.
• Preferred:
• Proficient with SAP, BPC/EPM, and PowerPlan financial systems.
• Knowledge of electric utility operations and work management systems.
• Thorough understanding of utility accounting and regulatory procedures and policies.

WORKING CONDITIONS

Overtime or weekend work may occasionally be required. This position may require reporting to locations in an operating environment; compliance with Company and OSHA safety requirements will be required.

Physical Demands/Requirements

Normal physical demands related to an office workplace environment.

TECO offers a competitive Benefits package!!

Competitive Salary *401k Savings plan w/ company matching * Pension plan * Paid time off* Paid Holiday time * Medical, Prescription Drug, & Dental Coverage *Tuition Assistance Program * Employee Assistance Program * Wellness Programs * On‑site Fitness Centers * Bonus Plan and more!

STORM DUTY REQUIREMENTS....Please make sure to read below!!! Responding to storms will be considered a condition of employment.

TECO Energy and its companies serve a role in providing critical services to our community during an emergency. Team members are required to participate in the response/recovery activities related to emergencies/disasters to maintain service to our TECO Energy customers. Team members are required to work in their normal job duties or other assigned activities. Proper compensation will be made in accordance with the company's rules and procedures.

TECO Energy is proud to be an Equal Opportunity Employer.

TECO Energy is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by law, except where physical or mental abilities are a bona fide occupational requirement and the individual is unable to perform the essential functions of the position with reasonable accommodations.

In order to provide equal employment and advancement opportunities for all individuals, employment decisions at TECO Energy will be based on skills, knowledge, qualifications and abilities.

Pay Transparency Non-Discrimination Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

ADA policy

It is the policy of TECO Energy to provide reasonable accommodation for all qualified disabled individuals who are employees and applicants for employment, unless it would cause undue hardship. The corporation will adhere to applicable federal and state laws, regulations and guidelines, including, but not limited to the Americans with Disabilities Act (ADA) of 1990 and section 503 and 504 of the Rehabilitation Act of 1970s.

Application accommodations

Applicants may request reasonable accommodation in the application process five business days prior to the time accommodation is needed.

Pre-employment physical exams may be required for positions with bona fide job-related physical requirements regardless of disability.