Development Manager

Puget Sound Energy • Bellevue, WA

7d

About The Position

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's
Energy Resource Development
team is looking for qualified candidates to fill an
open
Development Manager
position!
Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.Job DescriptionLeads and coordinates all commercial functions, including negotiations, project oversight, cross functional team management, and management approval in the acquisition, joint development, or self-build development of energy resources, real estate, distribution assets, and transmission assets. Develops and implements acquisition and development
strategies, evaluates potential transactions and shepherds the transaction through commercial negotiations and closing. Further represents the generation and transmission development interest on behalf of PSE's with outside parties.

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

Demonstrates commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. Ensures duties are performed in accordance with all regulatory compliance obligations.

Requirements

• 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.

Nice To Haves

• MBA or related post graduate degree.

Responsibilities

• Leads the development of PSE’s generation self-build opportunities and creates development proposals to be evaluated in the Company’s RFP (request for proposal) process. Responsible to create or oversee financial feasibility analyses, engineering plans, operational plans, environmental strategies, legal review and real estate review.
• Leads the planning and development of PSE’s transmission development as required to support PSE generation requirements in the region. Responsible to create or oversee financial feasibility analyses, engineering plans, operational plans, environmental strategies, legal review and real estate review.
• Oversees and leads negotiations of business deals critical to PSE's corporate growth strategy, including acquisitions and development projects, purchase and sales agreements, O&M agreements, real estate agreements, interconnection agreements, and service agreements.
• Ensures that all conditions are met related to deal closing and that transaction is successfully closed.
• Supports regulatory affairs in demonstrating prudence of transaction as needed, including preparing and providing testimony in WUTC rate cases.
• Develops and maintains up to date knowledge of governance requirements related to separation of functions; follows all associated rules and/or guidelines to ensure independence/separation from other PSE functions during competitive bidding situations.
• Manages external vendors setting scope, providing direction and approving work.
• Performs other duties as assigned.

Benefits

• 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 - Why Work For Us (pse.com).

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 501-1,000 employees