Summary
The Debt Finance Manager supports NYPA's capital and operational funding strategy by leading debt issuance, compliance, and portfolio management efforts. This role is critical in optimizing the Authority's debt structure, ensuring regulatory and disclosure compliance, and accessing both public and private capital markets. The Manager should have prior experience with municipal finance. The manager coordinates closely with legal counsel, financial advisors, underwriters, and internal stakeholders to execute bond transactions, prepare offering documents, and maintain investor and rating agency relationships. With a deep understanding of municipal finance, market trends, and federal regulations, the manager provides strategic insights on debt capacity, refunding opportunities, and capital planning. The role requires strong analytical and research skills, fluency in financial systems (e.g., Excel, Bloomberg, ERP), and the ability to deliver high-quality reports and presentations to executive leadership and the Board. Adaptability, attention to detail, and the ability to manage multiple priorities in a fast-paced environment are essential to supporting NYPA's financial strength and long-term goals. #LI-JP1
Responsibilities
- Design and maintain automated financial and reporting tools and systems that ensure quality information and reports are delivered to senior management on a timely basis.
- Identify emerging needs and implement additional reports to present data in a concise and useful fashion. Design and implement models and analysis to quantify the potential impacts of industry changes and changes in NYPA's overall business, including both financial and business development. Identify, recommend, and implement opportunities to streamline processes or improve computer model systems.
- Interpret results from various analysis and communicate actionable recommendations to senior management, either verbally or in writing, about the preferred way to proceed along with alternative scenarios. Identify key strategic considerations and present these to senior management, such that high-level, actionable information is communicated.
- Represent the finance department throughout the organization as a trusted business partner, bringing value added financial acumen to cross functional groups and projects.
- Lead junior team members in completion of special assignments and analyses as assigned by management. Represent the Financial team in meeting with NYPA staff and external stakeholders. Stand in for the Manager as required.
- Lead staff person responsible for coordinating information flows between Finance and other NYPA groups and departments.
- Assist Manager in coordinating work assignments and selecting appropriate technical applications to be applied to economic and/or financial problems and models.
Knowledge, Skills and Abilities
- Proficient knowledge of economics, finance, and accounting. Proficiency with the electric utility industry and NYISO market strongly preferred.
- Working knowledge of one or more of the following areas required: oil & gas markets, hedging structures and instruments, NYISO markets, Public Service Commission and FERC policy and process, and financial and bond markets.
- Excellent analytical skills required, including statistical and quantitative analysis and the use of spreadsheets and databases to analyze past and forecast future financial trends. Ability to analyze financial, marketing and operational data; and based on this analysis identify key strategic considerations and recommend solutions to senior management.
- Ability to solve problems, manage implementations, co-lead teams, coordinate periodic activities and meet project deadlines.
- Proven ability to organize data, report on studies in a logical and effective manner, and a demonstrated ability to adapt to rapidly changing environments.
- Expert proficiency with Microsoft Excel, Word, and PowerPoint and other computer applications and file organization procedures is required.
- Demonstrated ability to use Pivot Tables, Tables and Database formulas within MS Excel at expert level.
- Advanced knowledge of MS Access, SAP BI, NYISO DSS, and/or Tableau is preferred. MS Visio knowledge is desirable.
- Ability to work closely with NYPA staff and external stakeholders in collaborative processes. Strong planning and organizational skills required to manage multiple complex processes involving many different departments within NYPA as well as customers and their consultants.
- Proactive approach to identify opportunities to improve efficiency of work processes and computer models and systems. Willingness and ability to research and learn new areas as the business needs change.
- Ability to organize and prioritize job assignments and complete tasks in a timely manner with minimal supervision.
- Excellent oral and written communication skills. Ability to clearly explain and present concepts in multiple areas of expertise to peers and management. Ability to represent department and advocate for departmental/NYPA needs in cross-departmental and external meetings.
- An overall understanding of NYPA's operations preferred.
Education, Experience and Certifications
- Bachelor's degree in Finance, Business, Economics, Mathematics or related discipline..
- Master's degree preferred.
- Minimum 6 years of broad experience in corporate finance, budgeting, accounting, or statistics. Experience in an applied competitive environment preferred.
- Utility experience with an understanding of corporate finance and governmental regulations and requirements strongly preferred
Physical Requirements
Approximately 10% travel primarily to NYPA sites within NY State The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $120,000-$165,000. The salary offered will be determined based on the successful candidates' relevant experience, knowledge, skills, and abilities. The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates' disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please emailaccessibility@nypa.gov.
|