Job Information
American Water Sr. Finance Manager, Acquisitions Modeling in Camden, New Jersey
Requisition ID: *[[id]] * Share Our Purpose. Be Yourself. Feel Valued. People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals. We are Beautifully Different. We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role! Click here for more information on our inclusion, diversity, and equity journey. * About American Water* American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. As one of the fastest growing utilities in the U.S., American Water expects to invest $30 to $34 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities. American Water has been recognized on the 2023 Bloomberg Gender-Equality Index for the fifth consecutive year, ranked 18th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s WaterSense® Excellence Award, among additional state, local and national recognitions. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, Twitter and Instagram. * Do you have experience in financial modeling and acquisitions? Are you ready to contribute to the growth of a leading organization in the water and wastewater industry? Apply today to join American Water's dynamic Acquisitions Modeling team!* _ Primary Role_ We are seeking a highly skilled and experienced Senior Manager to oversee the development and execution of acquisition models for our corporate development team. The Acquisitions Modeling team at American Water is a dedicated financial advisory team responsible for preparation of detailed financial models and due diligence efforts in evaluating the largest and most complex investment opportunities (M&A) to advance American Water’s inorganic growth objectives. As a key team member supporting American Water’s regulated water and wastewater acquisition growth the Sr Manager will: * Be a catalyst for achieving internal consensus on key business decisions, * Effectively create and present analyses to executive management to guide strategic decision making, * Manage a team of financial analysts working on detailed financial models for standard and moderately complex opportunities. _ Key Accountabilities_ Responsibilities could include, but are not limited to: * Preparing and owning complex financial evaluations of new acquisition and investment opportunities * Performing detailed financial analysis such as scenario and sensitivity analysis, customer rate impacts, debt defeasance costs, tax calculations, and other related analysis as applicable * Ensuring alignment of acquisitions with internal investment guidelines and highlighting financial deal risk factors * Creating and presenting reports in support of analysis to credibly deliver results of findings to state and executive leadership * Developing and maintaining strong relationships with state business partners * Collaborating cross-functionally with various levels of management to develop and document modeling assumptions in a timely manner * Working in a dynamic team under minimal supervision; independently handle presentations and work efforts with senior or executive management * Directing, managing, evaluating, and holding a team of analysts accountable to achieve short-and-long-term goals * Managing junior staff members to aid in their development by evaluating quality of work, financial analysis, and presentations while assisting them in identifying and highlighting key insights in the analyses * Driving ‘best practices’ and ‘continuous improvement mindset’ by assessing and measuring the on-going effectiveness and efficiency of Acquisitions team systems and tools * Supporting budgeting and regulatory filings related to acquisitions * Special projects and ad hoc analysis as required _ Knowledge/Skills_ * MS Excel - advanced / expert level · Ability to analyze detail, see larger picture, and guide strategy * Ability to effectively communicate complex financial analysis to non-finance and Executive Level audiences * Ability to identify the need for and drive the development of new financial analysis, models, improvements, and efficiencies * Possess leadership skills yet are a collaborative team player * Ability to quickly adapt to professional collaborative environments, manage priorities, handle ambiguity, take initiative, problem solve, and achieve results * Highly organized with exceptional attention to detail and the ability to manage multiple projects simultaneously * A strong work ethic and the ability to work under tight deadlines in a fast-paced environment * Microsoft Office Suite programs (MS Word, PowerPoint) Detailed and demonstrated knowledge of: * Financial modeling using various valuation methodologies * Economic principles relating to utility ratemaking, preferred * US GAAP accounting principles, municipal accounting is a plus * Methodologies and practices of data collection and research _ Experience/Education_ * Undergraduate degree required in Finance, Accounting or related field, or equivalent experience. * MBA, CFA, CPA or other equivalent advanced degree or certifications preferred * Minimum of ten years’ experience, including financial analysis skills from investment banking, corporate development, valuation advisory, management consulting experience or similar experience. * Knowledge of regulated utilities is highly preferred. * Interest in municipal capital markets and/or public-private partnerships (including joint governmental and private sector ownership) is desired. _ Work Environment_ * Professional office environment * Hybrid role, in office three days per week, as determined by team schedule _ Competencies_ Prioritizes & Role Models Safety Self-Awareness Develops Talent Plans, Aligns, & Directs Drives Engagement Decision Quality * Join American Water...We Keep Life Flowing™ * American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.