Senior Director - Power and Transmission (#3508)

Overview

Lead electricity business development, acquisitions, and infrastructure projects.

Key Responsibilities

• deal origination
• financial modeling
• acquisition management
• market analysis
• contract negotiation
• project development

Tasks

-Assist in acquisition execution as required. -Primarily responsible for developing new transactions and projects (e.g., acquisitions, joint development arrangements, and greenfield projects) that grow the company. This includes the expansion and modification of our existing assets, development of new assets and acquisition of third-party assets. -Assess opportunities to grow earnings and value by developing electric infrastructure projects, acquiring electric infrastructure assets, and creating new markets that support other business objectives. -Negotiate contract terms and generate agreements for legal review and execution. -Ensure internal and external expectations are communicated and met relative to project development and completion. -Scrutinize activities of competitors, identifying risks to the Company’s financial performance and develop countermeasures to protect the bottom line. -Foster a positive open work environment, systems approaches and disciplined execution of all assigned tasks. -Acquire, upgrade, and build electric infrastructure and generation facilities. -Originate, negotiate, and close transactions focused on reducing operating costs and capturing opportunities in the electric power sector. -Assist in or produce feasibility studies/business plans for new electricity business and electric infrastructure opportunities. -Communicate with management on goals and objectives on a regular and consistent basis. -Develop and document annual plan/budget for revenues resulting from company-owned assets. -Assess competitive threats and recommend strategies to mitigate risks to company performance. -Developing power related opportunities tied to Tallgrass existing assets -Responsible for the evaluation of strategic opportunities that increase company and/or customer value. -Market existing and new services by developing customer base. Originate and evaluate opportunities to leverage current assets. -Utilize financial modeling to evaluate the accounting, valuation, and leverage effects of potential acquisitions. -Oversee all aspects of the deal-making process including analysis, due diligence, negotiating and closing. Develop customized transactions that address the needs of a variety of customers through the use of company resources. -Commercialize electricity related project by identifying, attracting, and retaining partners/customers into sustainability opportunities. -Develop and pursue opportunities related to the electricity business and electric infrastructure including taking advantage of the expansion of organized markets (e.g., SPP). -Promote Tallgrass sustainability initiatives/opportunities through active participation in industry groups developing standards and promoting the industry in general. -Work with internal support groups and other departments including but not limited to: Engineering, Project Management, Pipeline Operations, Regulatory/Rates, Legal and Environmental. -Further relationships with customers by assisting with additional services to enhance services offered by Tallgrass. -Provide general industry monitoring and analysis. -Identify and develop electricity business and electric infrastructure opportunities. Define scope, coordinate preparation of cost estimates, and prepare economic analysis for review with management. -To reduce and/or offset power supply costs renegotiate power supply deals, create opportunities to self-supplying electricity (including from renewable sources), assess and potentially establish connections to alternative utilities, and identify other viable strategies. -Work closely with top executive management to keep them up to date on electricity business and electric infrastructure opportunities. -Consult with Senior Management regarding market trends and their impact on the performance of Tallgrass’ assets. -Monitor and enforce all compliance requirements for area of responsibility. -Establish effective internal and external working relationships to ensure effective operation, financial performance, and development of assigned business assets. -Assist in the management of the budget and other financial measures of the department. -Grow the Company’s sustainability portfolio base “off footprint” by developing commercial transactions that take advantage of best practices and technologies. -Bring new electricity business and electric infrastructure opportunities to the Company. -Ensure alignment with short- and long-term organizational goals and objectives. -Identify and market/restructure Tallgrass assets that could benefit from electricity business and electric infrastructure integration. -Maintain a regular, dependable attendance and a consistently high level of performance. -Develop marketing campaigns for electricity business and electric infrastructure opportunities. This includes formulating a specific budget and expenditure plan for each. -Analyze U.S. supply/demand fundamentals as well as pricing and market trends in various regions across the country. -Develop a strong knowledge of business strategy, competitors, and operations. -Define company strategy for the organization including target customers and applications, competition, pricing, market trends, supplier development and alliances. -Develop business in support of electricity business and electric infrastructure efforts; identifying and originating transactions which will bring value to the Company. -Provide support in conducting regular evaluation of the sustainability structure for continual improvement of the efficiency and effectiveness of the group. -Effectively work with Engineering, Project Management and Operations departments to ensure transaction objectives are achieved and aligned with sustainability efforts. -Identify, develop, and execute opportunities related to the electricity business, most notably the long-term ownership of energy infrastructure. This involves developing, negotiating, and executing business agreements in coordination with departments such as legal, financial, engineering, projects, and operations functions. -Identify and pursue acquisition candidates that fit into Tallgrass’ sustainability strategy. Develop creative restructuring of those candidates that are not an exact fit. -Work with managers to develop justifiable and necessary capital expenditures. -Maintain an awareness of changing market conditions, new developments, and competitor strategies. -Development of transactions and opportunities outside of Tallgrass’s existing footprint (including renewable generation, green hydrogen, and other similar projects) -Lead Tallgrass’ efforts to influence outcomes in electric policy and planning processes, particularly at the state level. -Ensure all compliance aspects of position are known and followed; understand and comply with all policies, codes, and regulations applicable. -Reducing and/or offset operating cost related to power consumptions (especially for Pony Express) -Financially evaluate transactions and manage rate-making processes at FERC. -Identify and pursue acquisition and/or joint venture opportunities consistent with company performance expectations, frequently taking the lead on acquisition related activities. -Communicate with Management on goals and objectives on a regular and consistent basis. -Develop and pursue opportunities related to the electricity business and energy infrastructure. -Develop the commercial support for “off footprint” energy projects (renewable and thermal) by evaluating potential investments, communicating with decision makers effectively, and negotiating value-add transactions. -Oversee project strategy start to finish and track results. -Maintain a high regard for personal safety, for the safety of company assets and employees, and the general public. -Demonstrate and enforce the highest professional integrity, ethics and safety discipline. -Work closely with Senior Management to identify and prioritize efforts in support of organizational objectives.

Requirements

• 15+ years
• bachelor’s
• ferc
• ms office
• negotiation
• project management

What You Bring

-Ability to organize and prioritize daily work. -Executive experience in all aspects of electricity project development with a particular focus on utility space interface, ISO and RTO familiarization, development of electric generation, and knowledge of new technologies and application of same. -Must be able to perform all essential and marginal functions of the job. -Must have established contacts with transmission owning utilities and other electric companies. -Must possess and maintain a valid driver’s license and a driving record satisfactory to the company and its insurers (for travel). -The employee is regularly required to use hands to type, touch, handle, or feel. The employee is required to talk and hear. The employee is frequently required to stand and reach with hands and arms. The employee is occasionally required to walk and climb or balance. The employee must regularly lift and /or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. -Excellent knowledge of the utility business and industry practices. -Budgeting and financial reporting experience. -Minimum of fifteen (15) years of experience in the electricity sector. -Must have working knowledge of FERC rules and regulations including Standards of Conduct and related policies. -The successful candidate will be required to clear a drug screen and a complete background check, including credit report for certain positions, after an offer has been extended and prior to being employed. -Excellent critical thinking, project management, communication, decision making, presentation, human relations, and organization skills. -Solid understanding of business fundamentals and how changes may impact expected earnings and cash flow. -Experience in negotiating business contracts – particularly revenue-generating agreements and asset acquisitions. -May be required to carry a cell phone and be available to respond during working and non-working hours. -Strong oral and written communication skills. -Innovative in conceptualizing new solutions and properly managing risk. -Ability to confidently speak to large groups of people when required and to develop effective relationships. -Intermediate proficiency level in MS Office applications that may include but are not limited to: Excel, Word, Access, PowerPoint and Outlook. -Ability to develop and close complex transactions. -Ability to successfully perform multiple tasks with strict deadlines. -Must be able to present ideas, proposals and results to upper management and to customers. -Strong interpersonal skills for building client relationships. -Proficient in negotiation skills, including five (5) years’ minimum experience negotiating with outside parties and asset purchases/sales. -Demonstrated experience of five (5) or more years working with written and oral proposals. -Comprehensive knowledge of the clean energy industry. -Excellent analytical abilities & good working knowledge of discounted cash flow principles. -Successful track record of strategic selling and managing complex and challenging negotiations. -Must be able to work with a team, take direction from management, adhere to required work schedules, focus attention on details, and follow work rules. -Ability to develop contractual framework for formal agreements to minimize legal time and expense. -Proficient accounting and financial skills. -Must be a highly motivated individual that requires minimal supervision to accomplish goals. -Sitting; standing; walking or moving throughout facility; driving; talking; seeing (specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus); hearing; feeling; bending or stooping; squatting or crouching; reaching; kneeling; pushing; pulling; lifting up to 25 lbs. -Experience in identifying and pursuing asset acquisitions. -Bachelor’s degree from an accredited institution in business, finance, engineering, or a related discipline. -Effective in a team, i.e., capable of drawing on expertise in relevant groups to structure, negotiate and implement deals. -Ability to utilize creative communication skills while still being a leader. -Extraordinary organizational skills and strong attention to detail. -Leverage business knowledge to evaluate appropriate use of capital expenditures, budgeting and expense management, margin analysis and inventory management. -Must be able to sit for prolonged periods of time. -Experience in developing and monitoring budgets. -Demonstrated negotiation, contracting and economic evaluation skills. -Working knowledge of Federal and State regulatory processes and demonstrated experience influencing those processes. -Proven effective conflict resolution skills. -A minimum of fifteen (15) years’ direct work experience in the energy sector may be considered as a substitute for a degree. -Experience in negotiating agreements and other business transactions. -Speak clearly, both in person and by telephone, using a high level of verbal skills and listen carefully.

People Also Searched For

Benefits

-Personal development to grow your career with us based on your strengths and interests. -Employer-paid life insurance, short-term disability, and long-term disability coverage. -Industry competitive pay. -Company-paid holidays and floating holidays. -Vacation, sick days, paid caregiver leave, volunteer and bereavement paid time off. -Generous Tuition Reimbursement Program. -Infertility Coverage. -401(k) with up to a 6% match that vests immediately plus an employer discretionary contribution of up to 4%. -Networking and employee engagement events. -Parental Leave. -Company vehicle (if applicable). -Wellness Programs and Mental Health Resources. -Minimal safety hazards; general office working conditions. -Occasional overnight travel is expected. -Critical Illness & Accident Insurance. -Identity theft protection. -Health insurance package options that include Flexible Spending & Health Savings Accounts. -Annual discretionary bonus. -Employee discounts; vehicles, tires, cellular plans, and more.

About Tallgrass

-Operates a national footprint with regional presence through offices in Denver, Houston, and the Kansas City area. -Provides critical energy infrastructure, including FERC-regulated pipelines, storage facilities, terminals, and processing plants. -Developed innovative projects such as converting pipelines for CO₂ or hydrogen transport and establishing a major sustainable aviation fuel joint venture. -Maintains large crude oil storage capacity across key terminals.

Sector Specialisms

Security Clearance

-must clear drug screen and complete background check, including credit report.