Executive Vice President and Chief Financial Officer

Company Name: Bonneville Power Administration
City: Portland
State/Provence: Oregon
Zip: 97232
Job Title: Executive Vice President and Chief Financial Officer
Number of Openings: 1
Position Type: Finance and Accounting
Posting Start Date: April 18, 2018
Salary: $165,842.00
Salary Per: Per Year
Work Time Type: Hours
Duties:

Job Title:  Executive Vice President and Chief Financial Officer

Hiring Organization: Bonneville Power Administration

Job Announcement Number: DOE-BPA-18-12715-ES

SALARY RANGE: $165,842 – $189,600 (Relocation/Recruitment Incentive of up to 25% of annual salary and/or Moving expenses (PCS) may be paid in accordance with federal regulations and in consideration of budget availability for a highly qualified candidate determined upon selection.)

OPEN PERIOD:  4/16/2018 – 5/15/2018

POSITION INFORMATION: Full Time Permanent

DUTY LOCATIONS: Portland, OR

WHO MAY APPLY:  Open to All US Citizens

SUPERVISORY STATUS: Yes

The Bonneville Power Administration (BPA) is a federal power marketer that sells wholesale electricity from 31 federal dams and one nuclear plant, providing about one-third of the electricity used in the Pacific Northwest. BPA operates three-fourths of the region’s high-voltage transmission grid and manages one of the largest fish and wildlife restoration programs in the world.  Altogether, BPA is a $4 billion per year enterprise that recovers its operating costs and capital investments in power and transmission assets through the sale of power and transmission products that are priced to recover all associated costs.  BPA headquarters is in Portland, Oregon.

This position serves as the Executive Vice President (EVP) and Chief Financial Officer (CFO) for BPA.  Incumbent provides executive leadership to the Finance organization including establishing policy and standards in the areas of financial operations and risk management and providing financial strategic guidance, services, and support to enable BPA to fulfill its mission.

The executive is responsible for overseeing the Finance organization which provides services of financial planning, accounting, treasury, and reporting for the Federal Columbia River Power System (FCRPS) and BPA.  Finance provides economic and analytical support for rate case and regulatory proceedings, and coordinates and executes all U.S. Treasury and non-federal financing programs.  Finance has primary responsibility for relationships with federal and non-federal banking communities, rating agencies, investors and others in the financial community.  Finance has primary responsibility for the development of agency internal and external budgets.  Finance provides leadership in developing proposals and policies on strategic issues that affect the agency’s long-term financial integrity and competitiveness or that have an impact on customers, constituents, and other stakeholders.  Finance reviews all draft non-procurement contracts and agreements that bind the agency or commit to the use of agency resources.  Finance establishes financial policies and procedures for agency-wide guidance and internal control.

DUTIES:

As the Executive Vice President and Chief Financial Officer (CFO) you will:

  • Provide executive leadership in the formulation and implementation of BPA-wide policy and standards in the areas of accounting and financial operations, capital management, financial planning and analysis, budgeting and revenue requirements, and debt management. Responsibilities include the design and implementation of financial policies and processes which promote the financial integrity of Bonneville, ensure optimum asset management, and fulfill the statutory responsibilities as a commercial enterprise and a public institution.
  • Link policy and setting of standards to the BPA mission and strategic business objectives.
  • Serve as the principal executive responsible for long range planning and execution of budget, financial, and accounting services and their integration throughout BPA. In this capacity, you will be the senior advisor to other BPA executives on such matters and will be actively involved in the budget and finance decision process.
  • Communicate the status, strategies, critical issues, and emerging developments related to strategic management philosophies and actions. Ensure that strategies are developed based on sound business, political and economic practices that are designed to advance and improve the mission of business and finance operations and customer services.
  • Coordinate alignment with the DOE’s Strategic Plan and Administration goals and plans.
  • When required, represent BPA/DOE in consultations with key Congressional officials, and high level representatives of the Department of Energy, private contractor business entities, and Stakeholders concerning BPA Finance programs—speaking with full Agency authority in all cases. You will also serve as the principal expert and consultant for all Finance/CFO programs. Maintain continuing relationships with officials of other Federal agencies; officials of state and local governments; privately and publicly owned utilities; investment bankers; bond rating agencies; major manufacturers; professional groups; research and development organizations; Indian Tribes; and Congressional delegations and committees and others on all matters related to the CFO’s role in supporting BPA’s commercial and public obligations.  Insures that internal and external communications accurately portray and effectively promote BPA’s policies and objectives.   You must skillfully combine knowledge of these programs to synthesize solutions for very complex operational, business, and technical issues. You must work to influence and achieve consensus among senior decision makers from various constituencies (business and technical communities, government, industry, etc).
  • Ensure that policies and procedures meet external requirements, such as the annual audit of financial reporting and compliance with DOE, OMB and US Treasury requirements, to optimize commercial success and support BPA’s provision of broad public benefits.
  • Serve as a member of the BPA Enterprise Board in setting BPA strategic direction, establishing necessary BPA policy and guidelines, and evaluating the adequacy of results achieved in light of changing circumstances.
  • Create and maintain a cost conscious, market driven, and results oriented culture, which is characterized by innovation, client and user focus, continuous improvement, and competitive orientation. Policies and standards are designed collaboratively to meet external and fiduciary requirements while most effectively and efficiently supporting BPA commercial and public benefit objectives.
  • Determine and allocate necessary organizational resources, including staff and funds, and is responsible within the organization for their effective and efficient utilization in support of BPA’s goals and targets.
Experience Required:

KEY REQUIREMENTS:          

    • This is a career position in the SES. Unless the selectee is already a member of the SES with career status or has successfully completed an SES Candidate Development Program, certified by OPM, his/her Executive Core Qualifications must be approved by OPM before appointment can be effected.
    • An individual’s initial SES career appointment becomes final only after the individual successfully completes a one-year probationary period.
    • A selectee’s appointment is contingent upon compliance with Homeland Security Presidential Directive (HSPD-12) governing personal identity.
    • Selected candidate must file a Public Financial Disclosure Report (OGE 278) prior to entry on duty in accordance with the Ethics in Government Act of 1978.

QUALIFICATIONS:

The application process used to recruit for this position is the RESUME BASED method. Although applicants cannot address the Executive Core Qualifications (ECQs) separately, evidence of each must be clearly demonstrated in the five (5) page resume and throughout the rest of the application package. See How to Apply and Required Documents for more information and specifics.

EXECUTIVE CORE QUALIFICATIONS:

The ECQs describe the leadership skills needed to succeed as an SES; they also reinforce the concept of an “SES corporate culture.” Your resume and application must demonstrate and address the ECQs and include examples that are clear, concise, and emphasize their level of responsibilities; address the scope and complexity of the programs, activities, or services managed; program accomplishments; describe policy initiatives undertaken; define level of contacts; convey the sensitivity and criticality of the issues addressed; and identify the results of actions taken.  The Office of Personnel Management (OPM) is required by law to review the executive qualifications of each new career appointee to the SES prior to appointment. The five ECQs are as follows.

  • ECQ 1: Leading Change. Ability to bring about strategic change, both within and outside the organization, to meet organizational goals and to establish an organizational vision and to implement it in a continuously changing environment.
  • ECQ 2: Leading People. Ability to lead people toward meeting the organization’s vision, mission, and goals and provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts.
  • ECQ 3: Results Driven. Ability to meet organizational goals and customer expectations, and make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks.
  • ECQ 4: Business Acumen. Ability to manage human, financial, and information resources strategically.
  • ECQ 5: Building Coalitions. Ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.

For additional information on ECQs, please review the detailed information provided by OPM at the following link: http://www.opm.gov/policy-data-oversight/senior-executive-service/executive-core-qualifications/

MANDATORY TECHNICAL QUALIFICATIONS (MTQ):

A supplemental narrative must be submitted separately addressing each MTQ below. No more than one (1) page per-MTQ is allowed; additional information will not be considered.  MTQs must provide specific examples that address relevant experience and accomplishments.

Applicants must reflect superior technical qualifications demonstrated through leadership and management in the following MTQs:

  • MTQ 1: Demonstrated ability to plan, direct, and execute a comprehensive financial management program for a major organization (e.g., annual revenues greater than $500 million), including formulating and implementing organizational financial management processes which promote and sustain financial integrity. (Applicant: Describe a time when you established, directed, and implemented a financial management process for a major financial function that promoted and sustained financial goals (i.e., entity credit rating, payouts, utility rates).)
  • MTQ 2: Extensive knowledge of and experience establishing and monitoring policies and controls for financial and accounting operations, including debt and investment management and capital financing,  sufficient to support an electric utility. (Applicant: Describe a time when you managed financial matters that included formulating, implementing, and monitoring policies related to debt and investment management and capital financing.)
  • MTQ 3: Ability to provide executive financial leadership, direction, and guidance in the development of long-term business strategies for a large electric utility operating in a complex legislative, regulatory, and stakeholder/shareholder environment. (Applicant: Describe a situation where you provided advice and guidance to executive leadership in recommending, developing, and setting enterprise wide business strategy for a large complex organization taking into account legal and regulatory considerations and resulting economic or financial impact upon internal and external stakeholders.)
How to Apply:

NOTE:  Please refer to complete vacancy announcement at: https://www.usajobs.gov/GetJob/ViewDetails/496808200 to view qualification requirements, guidelines on how to apply, and detailed information on this position.
To be considered for this position, you must submit a complete application no later than 11:59pm (Eastern Time) on 5/15/2018.

Posting End Date: May 15, 2018