Sr. Manager, Finance
7 days ago
Company: American Water Works Company Inc
Requisition ID: 107419
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
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.
As one of the fastest growing utilities in the U.S., American Water expects to invest $40 to $42 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.
Position Overview
- This position oversees all aspects of the Corporate financial operations including planning, analysis, and reporting processes for American Water.
- Responsible for leading the business planning and reforecasting process, financial and management reporting activities, management of internal controls, financial analysis and modeling.
- This role is a key strategic partner in driving growth for the organization and executing on corporate strategy through providing critical financial insights to leadership while ensuring compliance with financial regulations and maximizing profitability.
- This position works closely with other leaders within the Company (both at the Corporate and at the State Level) to gather and analyze data at a Corporate Level and turn this data into information to be used to drive informed decisions at the Executive Level.
- This role includes being a liaison with State FP&A and functional leads communicating, integrating and collaborating to ensure corporate deadlines, processes, and ad-hoc requests are met successfully with respective groups.
- Ability to translate complex financial information to various audiences including State and Executive Leadership.
- Oversee annual American Water budgeting process and long-term planning including preparation and consolidation of business plans, forecasts and financial models to support strategic decision-making to achieve overall company targets.
- Lead monthly and annual financial reporting activities including management reporting, analysis, and forecasts, variance commentary and overall financial performance analysis.
- Validate the performance of the company’s annual performance plan and long-term performance plan.
- Analyze complex financial information and reports to provide accurate and timely financial recommendations, summaries, variance drivers.
- Review and support quarterly and annual 10-Q, 10-K work efforts and Investor Relation preparation related to quarterly / annual activities.
- Support C-Level interaction with external audiences including presentation preparation and related analysis.
- Collaborate with cross-functional teams to develop and execute strategic financial plans aligned with the organization's overall goals.
- Build and manage a strong team of finance professionals, including coaching, succession planning, etc.
- Support Sarbanes-Oxley (SOX) compliance controls assigned to the team.
- Demonstrated outstanding leadership, relationship building, communication and presentation skills.
- Strong interpersonal skills with an emphasis on knowledge sharing and team building.
- Strong leadership skills, including ability to work effectively with all levels throughout the organization and across functional lines to achieve business goals.
- Strong organizational and project management skills with ability to multitask, prioritize and delegate as needed.
- Strong analytical, problem-solving and decision-making skills.
- Understands the mission, vision, values, and strategies of American Water.
- Advanced knowledge of US Generally Accepted Accounting Principles (GAAP).
- Advanced MS Excel and PowerPoint skills.
- SAP and Oracle Planning experience preferred.
- Bachelor's degree in finance, accounting, economics, business or a closely related field or an equivalent combination of education and experience.
- Advanced degree or CPA, CMA or CFA preferred.
- 7 years of accounting/financial related experience required.
- 3 years supervisory experience preferred.
- Regulated utility experience preferred.
- As necessary, less than 5%.
- Professional office environment.
- Hybrid working schedule, 3 days in office and 2 days remote.
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.
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