Portfolio Manager

DTE Energy•Detroit, MI

25d•Hybrid

About The Position

This position provides support to General Managers and Directors with respect to owner's interest in projects. Works toward maximizing revenue, profit and returns through knowledge of finance, contracts, operations, partnerships, insurance, markets, taxation, and accounting. Assists with the evaluation of potential acquisitions and development opportunities. May acquire in-depth knowledge of a specialized aspect of products or markets used to reduce risk or enhance financial returns. Develops and maintains relationships with customers and stakeholders.

Requirements

Must possess a Bachelor’s degree in business, accounting, finance, industrial technology, engineering or a relevant science.
At least five years of experience in asset management, operations, or project development, or in an equivalent role within a construction, manufacturing, or service environment.

Nice To Haves

Working knowledge of contract terms and conditions and the ability to administer complex contracts.
Strong communication skills with the ability to clearly and concisely communicate both verbally and in writing to internal and external audiences.
Proven ability to develop effective working relationships.
Understands the technology utilized by customers and how it relates to the commodities and services provided by DTE Vantage.
Knowledge of the regulatory processes under which a facility operates.
Strong organizational skills with the ability to meet deadlines and manage multiple simultaneous activities.
Problem solving and decision-making skills.
Working knowledge of Microsoft Windows, Word, and Excel; familiarity with email, scheduling, commitment tracking, customer relations and time reporting software applications.

Responsibilities

Accumulate, measure, analyze, interpret, and report project information that is both useful and relevant to the internal and external stakeholders of the business unit.
Coordinate and develop communication channels while providing financial support to operational personnel and project sites to ensure effective collaboration and execution.
Develop financial forecasts and monitor financial performance against project pro forma, updated project forecasts and recommend corrective actions reducing or managing costs.
Determine the fees or prices for goods and services.
Authorize, modify, or discontinue a program or activity.
Act as primary contact with project lenders and their representatives such as trustee, independent engineer, and legal counsel.
Establish process for creating and tracking performance benchmarks in order to monitor management effectiveness.
Create and implement systems for tracking risks and opportunities on a project-by-project basis.
Establish best practices to streamline process of estimating future costs and evaluating future performance.
Gather and deliver information which will serve as useful feedback on project performance.
Identify and develop new business opportunities within existing customer relationships.
Mine key data for managers to plan and control products, services, and customers.
Play a key role as part of decision-making teams, including contract negotiations support.
Analyzing data and current market trends.
Providing guidance facilitating business unit to quickly make informed data driven business decisions.
Develop expert level understanding of business unit in order to preserve valuable resources (capital, time, human resources).
Create and implement action plans to address risks and opportunities (hedging of commodity risk, maximizing value of third-party contracts, etc.).
Inspect all projects and contracts to determine opportunities for optimization and increased efficiency.
Support or lead negotiations to modify key project agreements.
Evaluate insurance coverage for need and adequacy.
Understand and anticipate the needs of current and potential customers.
Enhance two-way exchanges with customers to give business unit more intimate knowledge of needs, wants, and buying patterns.
Coordinate key players within the organization (customer facing, internal controls, operations, development) in order to best serve the customer.
Implement and integrate a commitment tracking system into business unit processes to ensure all project obligations and due dates are met.