Finance Manager

Nebraska Public Power DistrictColumbus, NE

About The Position

This position will report to the Executive Vice President & Cheif Financial Officer. Position SummaryThis position reports directly to the Executive Vice President and Chief Financial Officer and is responsible for overseeing the District’s debt and liquidity strategies to maintain financial stability, with a particular emphasis on directing financing activities through both long- and short-term debt issuances. This includes managing commercial paper programs and coordinating the issuance of bonds and other debt instruments to meet various funding needs. Key duties involve monitoring and tracking debt payments and amortization schedules, preparing monthly funding reports, tracking capitalized interest, and ensuring compliance with disclosure agreements, bond resolutions and indenture, and tax requirements for all forms of debt and assures adherence to requirements for tax-exempt debt issues. This position works closely with the other managers in the CFO division as well the District’s financial advisor, bond counsel and tax counsel and is expected to challenge the status quo by leveraging innovative ideas and modern financial strategies to enhance financing efficiencies while aligning processes with the capabilities of the enterprise system.

Requirements

  • Bachelor's degree in finance, accounting, business, or related field is required.
  • Five to ten years professional level experience in utility finance, accounting, planning, and/or audit is required.
  • Five (5) years of experience in leading and managing direct reports in an empowering and team-based environment.
  • Intermediate to advanced skills with Microsoft Office applications.
  • Demonstrated knowledge of financing mechanisms and processes.
  • Excellent analytical, communication, and interpersonal skills.

Nice To Haves

  • Master of Business Administration (MBA) is preferred.
  • Knowledge of and experience working with SAP is highly desirable.
  • Previous utility experience in finance and/or accounting is highly desirable.

Responsibilities

  • Lead the development and implementation of debt and liquidity strategies to maintain District financial stability.
  • Manage underwriting bank relationships and oversee debt service activities in compliance with District indentures and state law.
  • Manage all aspects of the District’s debt portfolio, including bond issuance and support investment directions, ongoing maintenance and debt defeasances.
  • Coordinate efforts with bond counsel, tax counsel, financial advisor, rating agencies, and investors for successful bond transactions.
  • Ensure full compliance with bond indentures and applicable state law; provide analytics to support new bond issues and refinancing strategies.
  • Prepare and review financing documents, including the Preliminary Office Statement (POS), Official Statement (OS), supplemental resolutions, bond purchase agreements, and escrow agreements (as needed).
  • Oversee mass redemptions and onboarding of debt in SAP.
  • Conduct financial, economic, and credit analysis to evaluate capital projects, operational expenditures, and new business opportunities.
  • Provide data-driven insights to support strategic decision-making and long-term planning initiatives.
  • Lead and support preparation of annual rating agency reports and coordinating rating agency visits.
  • Foster and maintain strong relationships with rating agencies in support of District financial strategies.
  • Manage Revolving Credit Agreements (RCA) and loan closing documents, including tracking spreadsheets and SPP letters of credit, sureties, and LOCs.
  • Prepare monthly funding reports for all RCA accounts, working with accounting as needed.
  • Accountable for other duties as assigned.

Benefits

  • Nebraska Public Power District offers a competitive starting salary and an excellent benefits package including medical and dental insurance, 401K retirement plan, paid holidays, paid vacation, paid medical, training opportunities and more.
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