Power Generation Asset Strategy Analyst, Principal

Requisition ID # 168784 

Job Category: Accounting / Finance 

Job Level: Manager/Principal

Business Unit: Operations - Other

Work Type: Hybrid

Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Houston; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview

Power Generation operates and maintains PG&E's hydroelectric, fossil, solar generation, and battery storage facilities, providing approximately 5,300 megawatts of generating capacity for our customers. Our nearly 1,100 coworkers are dedicated to delivering safe, reliable, and cost-effective generation to California in an environmentally responsible manner. Our hydro facilities include 62 conventional hydro powerhouses, a pumped-storage facility, 98 reservoirs, 168 dams and more than 200 miles of canals and flumes, among other water conveyances. Natural gas-fired plants in operation are Humboldt Bay Generating Station in Eureka; Colusa Generating Station in Colusa County and Gateway Generating Station in Antioch. Several utility-scale solar generation plants also are operated and maintained, as well as PG&E’s successful entry into battery energy storage, our Elkhorn Battery facility at Moss Landing in Monterey County.

Position Summary

Key contributor to Power Generation's investment planning process through the Long Term Plan (LTP), including integration with the enterprise process (Business Plan Deployment), near-term tool and process upgrades (SAP S/4 Hana aka Propel, Copperleaf decision analytics), and build-out of process improvement initiatives. Supports the General Rate Case (GRC) filing, Electric Resource Recovery Account (ERRA) filing and other testimonies and justifications. May also support benchmarking activities and assessment of operations through metrics development. Develops and/or presents expert witness testimony as a representative for PG&E to federal, state, and local regulatory agencies. May support project-specific life-cycle economic analyses to support decision-making on relicensing negotiations, potential divestiture, decommissioning studies, and new generation facilities, and specific economic and financial project feasibilities for multi-million-dollar investments.

The assigned work location will be within the PG&E Service Territory and will be agreed upon by the successful candidate and hiring leader.

This position is hybrid, working from your remote office and assigned location, subject to change per business needs.

PG&E is providing the salary range that can reasonably be expected for this position at the time of the job posting. This salary range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location. The decision will be made on a case-by-case basis related to these factors. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs. 

A reasonable salary range is:

Minimum Base Salary (Bay Area)           $ 136,000.00

Maximum Base Salary (Bay Area)          $ 202,400.00

OR

Minimum Base Salary (California)           $ 129,000.00

Maximum Base Salary (California)          $ 192,500.00

Job Responsibilities

• Manages Power Generation's investment planning process through the Long Term Plan (LTP), including integration with the enterprise process (Business Plan Deployment), near-term tool and process upgrades (SAP S/4 Hana aka Propel, Copperleaf decision analytics), and build-out of process improvement initiatives.
• Provides consultation and recommendations regarding database implementation, and evaluation of risk assessment data.
• Acts as a thought leader, applying extensive unique subject matter expertise and resolutions of new developments, regulations, and legislation related to the power generation industry.
• Develops and/or presents expert witness testimony as a representative for PG&E to federal, state, and local regulatory agencies.
• Supports the General Rate Case (GRC) filing, Electric Resource Recovery Account (ERRA) filing and other testimonies and justifications.
• Provides strategic consultation and support regarding various complexities of project research, scope, planning, formation, and team building.
• Collaborates with PG&E’s asset strategy leaders to continuously improve operations and identify strategic planning projects.
• Acts as a facilitator within Power Generation management and as a liaison to PG&E’s lines of business.
• Acts as a primary representative for PG&E to the utilities industry, regulatory agencies, governmental bodies, and other organizations.
• Provides direction, training, guidance, and instruction to less experienced asset strategy analysts

Qualifications

Minimum:

• Bachelor’s (BA/BS) degree in Business Administration, Economics, Engineering, or equivalent experience
• 10 years of experience in electric utility operations, engineering, finance, maintenance, project management, or related field
• Occasional travel (up to 20%) required to company, client, or other external offices, facilities, sites, venues, and/or locations

Desired:

• 11 years of experience in electric utility operations, engineering, finance, maintenance, project management, or related field
• Master of Business Administration (MBA) degree, Master’s degree in Economics, Engineering, or similar discipline
• Certified Management Accountant (CMA) credential
• Chartered Economic Analyst (ChEA) or other certifications from the American Academy of Financial Management (AAFM)l
• Project Management Professional (PMP) certification or other certifications from the Project Management Institute (PMI)
• Certification in Lean Six Sigma (LSS)
• Acts as a thought leader applying extensive unique subject matter expertise within the development of strategy, review, and/or resolution of complex issues.
• Knowledge and experience with managing multiple projects and teams simultaneously, providing resolutions to complex issues, and oversight of projects and teams from conception to review.
• Establishes and maintains 360-degree feedback loop relationships to facilitate understanding, support, and execution of Power Generation’s strategic, tactical, and operational planning
• Ability to collaborate with various management, leadership, and personnel levels internally and externally
• Knowledge of PG&E’s cost model
• Knowledge of PG&E’s Power Generation Functional Area