Duquesne Light Company Manager, Affordability and Innovation Management (AIM) Finance in Pittsburgh, Pennsylvania
Duquesne Light Company, headquartered in downtown Pittsburgh, is a leader in providing electric energy and has been in the forefront of the electric energy market, with a history rooted in technological innovation and superior customer service. Today, the company continues its role as a leader in the transmission and distribution of electric energy, providing a secure supply of reliable power to more than half a million customers in southwestern Pennsylvania.
Duquesne Light Company is committed to creating a culture of inclusion. We value and respect the unique differences and experiences of our employees. We believe that our differences lead to better collaboration, innovation and outcomes. We want you to join our team!
The Manager, AIM Finance is a new leadership position within a new department at DLC, Affordability and Innovation Management (AIM). AIM is an organization guided by the DLC Executive Team to identify compelling ideas within the organization that can be used to improve efficiencies and drive value within DLC.
The Manager will be responsible for the center led results review and approval for company initiatives within the AIM framework. The vision is to ensure that savings are truly sustainable and improve the overall cost structure of DLC.. This position will work with work stream leaders from across the Enterprise, the Senior Manager of Affordability, and the Business Process Maturity leader to ensure that the financial results of all initiatives follow the methodology and framework as designed by the AIM Office.
At DLC this role holds the potential for high impact to the business as it will underpin our focus on operational excellence and in particular our objective to identify value within the organization. Reporting to the Managing Director of AIM, the Manager of AIM Finance will be able to establish and identity and methodology as an organization to mold a new culture at DLC.
The individual will have responsibility for developing relationships and effective partnerships with all parts of the organization. This person will also have one direct report who will assist the role with the responsibilities of the Manager, AIM Finance.
Roles at this level require a university/college degree in Finance, Accounting, Business, or degree with applicable experience. CPA certification is a plus. Relevant experience leading a cross-organizational team will be critical. Proven experience interacting with executives is preferred. Ideally the applicant will have experience with a highly capital-intensive industry and some experience building or being a part of an organizational capability from the ground up. Financial acumen is a must along with significant experience in evaluating complex cost / benefit analysis.
Knowledge, Skills and Behaviors:
Effective candidates will demonstrate a diverse set of skills and behaviors;
The ideal candidate will have the following skills
Domain experience. Institutionalized knowledge of the industry (or a specific sub-sector), including a thorough understanding of critical operations, customer interactions, and other external and internal stakeholder expectations and needs - Developing a fundamental understanding of electric utility accounting
Business perspective . Expertise at the intersection of cost and organizational efficiency to drive awareness and business value.
Program leadership . An understanding of organizational design and the ability to shape and drive cross-functional, multi-level programs around people, technology, processes, or tools–balancing long-term strategy with quick wins.
Communication skills . Ability to sell the agenda and educate cross-organizational stakeholders about the embedded value of the initiatives being identified and implemented.
Financial Analytics Robust experience in price, volume, mix analysis while deducing insights to be executed at a broad company level
The candidate will demonstrate the following behaviors:
Enthusiastic . Executive leadership commitment to champion ideas as a strategic business asset to drive lower costs and drive efficiencies across the enterprise.
Visionary . Strategic foresight to identify new business models, capture opportunities, and develop innovative, forward-facing capabilities that provide long-term financial advantages.
Positive Disruptive . Confidence to bring up new ideas and uncomfortable subjects, and to counter “not-invented-here” or “not worth the effort” attitudes to drive transformative change.
Collaborative. Willingness to serve as a “bridge builder” and facilitator to traverse divisional siloes, create synergies between business and technology functions, and align shared efforts to enable measurable business outcomes.
Agile. Capacity to deliver value to the business quickly and often by applying a pragmatic approach to developing and implementing new ideas.
Primary Duties & Responsibilities:
The Manager, AIM Finance will be responsible for activities across four primary areas:
The accuracy and approval of initiatives
Understanding and communicating the appropriate process for idea progression as set forth by the AIM Organization
Working across the organization to ensure impacts are appropriately accounting for in adjacent organizations
Coordinating with the Affordability Office as appropriate
Working with the business unit executives to break down any potential roadblocks
Participating in larger approval meetings to progress ideas when necessary
Ensuring initiatives are properly and accurately accounted
Identifying gaps in methodology for initiative impacts
Coaching Business finance leads from each work stream through the end-to-end lifecycle of an initiative
The Prioritization of approvals
Creating and/or confirming all required approvals for sustainable savings
Establishing logistical needs of the approval sessions including location, room organization and size.
Identifying and/or training for approval sessions
Working within the AIM team to further clarify all ideas, confirm financial and other data
The Monthly variance analysis of initiatives
Reinforcing the methodology while ensuring monthly variance analyses are completed
Creating reporting needs for finance partners to utilize in support of required analyses
Understanding financial performance of initiatives and drivers of performance variances
Facilitating solutions with Financial Planning & Analysis and Operations Finance on monthly reporting
The Tracking of transformation partner costs
A dashboard will need to be maintained and improved to track all fees as they accumulate throughout the engagement
Approval of fees and reconciliation of accruals
Working with Financial Planning and Analysis to ensure complete visibility across DLC
Other areas of responsibility include the management of one direct report that work with the Manager to perform all the above listed duties. As part of this role, the Manager will:
Create roles and responsibilities
Perform regular reviews
Provide mentorship and career guidance
Duquesne Light Company is committed to providing equal employment opportunity to all people in all aspects of the employment relationship, without discrimination because of race, age, sex, color, religion, national origin, disability, sexual orientation and gender identity or status as a Vietnam era or special disabled veteran or any other unlawful basis, as defined by applicable law, and fostering a workplace free of unlawful discrimination and retaliation. This policy affects decisions including, but not limited to, hiring, compensation, benefits, terms and conditions of employment, opportunities for promotion, transfer, layoffs, return from a layoff, training and development, and other privileges of employment. An integral part of Duquesne Light's commitment is to comply with all applicable federal, state and local laws concerning equal employment and affirmative action.