Commercial Acquisition Manager

Company: Puget Sound Energy
Location: Bellevue
Posted on: January 23, 2025

Job Description:

Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now.



PSE'sGeneration & Transmission Developmentteam is looking for qualified candidates to fill anopenCommercial Acquisition Managerposition!



Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.
Job Description
Over the next seven years, PSE must acquire new renewable and non-emitting resources of approximately 6,700MW to comply with Washington State's Clean Energy Transformation Act (CETA). This effectively doubles PSE'scurrent owned and contracted generating capacity and is more than PSE has acquired in its 150-year history.



This position leads and coordinates all aspects of resource acquisitions of utility-scale energy generation andstorage resources within the business initiatives group. This includes owning financial results, running stakeholdermeetings, and creating management presentations.



Upholds the safety compliance standards inherent in PSE's operating and/or field procedures related to workresponsibilities. Promotes and supports a culture of total safety.



This job is considered "safety sensitive" as defined in RCW 49.44.240 and is subject to pre-employment drug screening that includes screening for the presence of marijuana and marijuana metabolites.
Job Responsibilities

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• Lead strategy development and implementation plans for presentation to senior management for recommended resource acquisitions (including, but not limited to, wind, solar, hydroelectric, energy storage, biodiesel, and other dispatchable resources,).
  
• Leads implementation of project plans across multi-disciplinary project teams; includes creating and maintaining project schedules, budgets, and action items.
  
• Conducts or manages business, operational, financial, and policy level analyses needed to evaluate potential projects while considering PSE's current position and how best to maximize the value of current energyresource assets. Work includes analysis to quantify the impact of prospective State or Federal policy changes.
  
• Leads external representative(s) on assigned projects, including identifying, negotiating, and managing partner relationships and commercial contracts.
  
• Collaborates with long-term resource and planning groups inside PSE to review asset acquisitions. Analytic techniques include net present value, discounted cash flow, Monte Carlo simulations, and portfolio optimization, Performs other duties as assigned.
  
  Minimum Qualifications
  
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  • Bachelor's degree in engineering, finance, economics, business administration, or equivalent combination of education and/or work experience; plus 7 years relevant work experience.
    
  • 5 years increasing responsibility in the utility, oil, gas or independent power sector and experience in project development or commercial acquisitions.
    
  • Strong business and financial analytical skills with capability to analyze a wide array of business challenges.
    
  • Demonstrated experience and ability to lead and influence cross-functional teams and stakeholders.
    
  • Excellent verbal and written communication skills, including ability to contemporaneously document evaluation, due diligence and negotiation initiatives for later prudence purposes.
    
  • Ability to understand complex financial pro-formas and provide direction to analytical staff.
    
    Desired Qualifications
    
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    • Master's degree in finance, economics, business, or related field.
      
    • Knowledge of project management principles, processes and techniques applied in a utility setting.
      
    • Knowledge of utility regulatory and accounting practices.
      
      Additional Information
      Please note: this job posting isone of threethat will be used to advertise andfill only two vacanciesat the Commercial Development Manager, Senior Commercial Development Manager or Commercial Acquisition Manager level depending on the most qualified applicant across the three job openings posted.Only apply to one of the three job openings based on which level best matches your work experience.Job postings involved with this opening are 4815, 4816 and 4817.
      At PSE we value and respect our employees and provide them opportunities to excel. We offer a competitive compensation and rewards package.
      
      
      
      The pay range for this position is$116,300.00-$193,600.00, and this position is eligible for annual goals based incentive bonuses.
      
      
      
      PSE offers a suite of benefits to our employees. Employees are eligible for medical, dental, vision, basic life, and short- and long-term disability insurance. There are additional voluntary options of supplemental life insurance, accidental death and dismemberment insurance, flexible spending accounts for health care and dependent daycare, and an Employee assistance program (EAP). For long term savings, PSE offers a 401(k) investment option and a cash balance retirement plan. Employees will also receive Paid Time Off (PTO) and Paid Holidays throughout the calendar year.Detailed benefit overviews can be found on our Career page - .
      
      
      
      Families and businesses depend on PSE to provide the energy they need to pursue their dreams. Our steadfast commitment to serving Washington communities with safe, dependable and efficient energy started in 1873. Today we're building the Northwest's energy future through efforts like our award winning energy efficiency programs and our leadership in renewable energy.
      
      
      
      Puget Sound Energy is committed to providing equal employment opportunity to all qualified applicants. We do not discriminate on the basis of race, color, religion, sex, national origin, age, sexual orientation, gender identity, marital status, veteran status or presence of a disability that with or without reasonable accommodation does not prevent performance of the essential functions of the job, or any other category prohibited by local, state or federal law.
      
      
      
      Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the Human Resources Staffing department at jobs@pse.com or 425-462-3017.
      

Keywords: Puget Sound Energy, Edmonds , Commercial Acquisition Manager, Executive , Bellevue, Washington