Financial Planning Manager

Full Job Description

Tacoma Power's Rates, Planning, and Analysis (RPA) team is seeking a talented Financial Planning Manager to manage Tacoma Power’s financial planning function focused on ensuring the long-term financial stability of the Utility.

Responsibilities include:

• Management of the Power utility debt portfolio, including short-term and long-term financing strategies using a variety of complex financial instruments for ensuring the Utility’s long-term financial stability.
• Development and maintenance of Tacoma Power’s Long-Range Financial Plan, including alternatives and scenarios that convey an understanding of the utility’s financial risk exposure for decision-making.
• Development of Tacoma Power’s revenue requirement forecasts and system average retail rates.
• Development of presentations and recommendations for long-term financial planning strategies and financial policy changes to executive leadership, Public Utility Board, Tacoma City Council, sub-committees, and other policymakers.
• Maintaining collaborative relationships with internal and external stakeholders, including financial advisors, bond counsel, and rating agencies.

All duties are performed with a primary focus on ensuring the immediate and long-term financial stability and viability of the organization, maintaining low-cost power to our customers, ensuring stable and consistent rates, preparing for the future in a dynamic and evolving industry, and maintaining a solid financial rating for the power utility.

The individual selected for this position will join the broader Rates, Planning & Analysis (RPA) team.

Made up of high-performing critical thinkers, RPA is dedicated to high quality work, ingenuity, and cross-functional collaboration while building and maintaining trust.

The department uses these strengths to best serve Tacoma Power and its customers as trusted financial leaders, delivering objective, quality, and data-driven analysis to sustain Tacoma Power’s financial strength and affordability.

This position is eligible for a hybrid work arrangement upon the completion and approval of a telework request.

Requirements

Minimum Education*
Bachelor's degree in public or business administration, or directly related field such as finance

Minimum Experience*
5 years of progressively responsible analytical and/or program coordination/management work in area related to assignment including 1 year prior at senior, lead and/or supervisory level

*Equivalency: 1 year of experience = 1 year of education

Additional Information

This recruitment is being managed by Kye Merritt, if you would like to be notified of similar opportunities or stay connected with things going on at Tacoma Public Utilities and the City of Tacoma, connect with me on LinkedIn!

Compensation & Benefits

Pay Details:

Annual Salary: $131,248.00 - $184,808.00

Employee Benefits | City of Tacoma

Tacoma Power Tacoma Power is an almost 100% hydroelectric, municipally-owned public power utility, located in Tacoma.

We serve approximately 180,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail.

As one of the most livable, walkable cities in the country, you'll find that Tacoma is a great fit for all interests with places to bike, run, hike, and explore, the perks of a big city, and the charm of a small town.

We welcome you to take a look at our website and discover how the City of Tacoma can make your next career move part of our combined destiny: http://www.cityoftacoma.org/https://www.mytpu.org/http://www.traveltacoma.com/

City of Tacoma’s Commitment to Diversity, Equity, and Inclusion

A Commitment to Equity & DiversityAt the City of Tacoma, we're on a mission to make our workforce as diverse and inclusive as the community we serve.

We actively seek out candidates from a wide range of backgrounds and cultures. Join our team at the City of Tacoma and help us build a more vibrant, inclusive, and equitable community for all.

If you have a less traditional background, we want to hear about your transferrable skills and experience. We value a variety of perspectives and are excited to see what you bring to the table.

The Community

Tacoma is centrally located just 32 miles south of the city of Seattle and 31 miles north of the state capital, Olympia.

The City of Tacoma is also home to the Port of Tacoma, which is among the largest container ports in the United States.

Like most cities in the northwest, Tacoma is surrounded by beautiful nature, offering residents many opportunities for outdoor adventures.

Largely suburban in nature with a small, but dense, urban core, Tacoma is home to numerous institutes of higher learning that attract students from across the country.

The University of Washington Tacoma, Pacific Lutheran University, University of Puget Sound, a satellite campus of the Evergreen State College, three community/technical colleges, and several trade and business schools are within Tacoma's geographic area.

Downtown's Cultural District is the site of the Washington State History Museum, Museum of Glass, the Tacoma Art Museum, and America's Car Museum.

With its affordable housing and distinctive neighborhoods and business districts, the city has been recognized numerous times as a best city to live in the nation. To see a few of the great things Tacoma has to offer, view this YouTube Video!

View this exciting video to learn more about the City of Tacoma: https://www.youtube.com/watch?v=2n5MWl8KFvI

Application Process

Interested individuals should apply online by completing the application and attaching a resume and cover letter by the closing date and time listed on the job announcement.

Applications received without attaching the required materials may not progress in the selection process.

Applicants who have the strongest backgrounds related to the responsibilities of this position may be invited to participate in the interview process, which may include a work problem.

Appointment is subject to passing a background check.

Get Assistance

For assistance with the application process or questions regarding this job announcement please contact the Human Resources office at (253) 591-5400 by 4:00 p.m. of the closing date of the job announcement.

For technical difficulties using the NEOGOV system, call the applicant support line at 1-855-524-5627 between 6:00a.m. and 5:00 p.m. Pacific Standard Time. This will allow us to assist you before the job announcement closes.

Communication with the City of Tacoma

We primarily communicate via email during the application process. Emails from Tacoma.gov and/or governmentjobs.com should be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk email folders.

Note: The provisions of this job announcement do not constitute an expressed or implied contract. Any provision contained herein may be modified and/or revoked without notice.