Senior Commercial Acquisition Manager

Senior Commercial Acquisition Manager

Puget Sound Energy is looking to grow our community with top talented individuals like you! With our rapidly growing, award winning energy efficiency programs, our pathway to an exciting and innovative future is now. PSE's Energy Resource Development team is looking for qualified candidates to fill an open Senior Commercial Acquisition Manager position! Specific details regarding the work arrangements for this position will be discussed in further detail during the interview process.

Job Description :

Leads and coordinates all commercial functions, including negotiations, project oversight, cross functional team management, and management and board approval in the acquisition, divestiture and restructuring of energy resources, real estate, and distribution assets. Develops and implements acquisition / divestiture strategies, evaluates potential transactions and shepherds the transaction through commercial negotiations and closing. Further represents all of PSE's interests in commercial development agreements with outside parties including financial institutions. Upholds the safety compliance standards inherent in PSE's operating and / or field procedures related to work responsibilities. Promotes and supports a culture of total safety. Demonstrates commitment to conduct business honestly, ethically and consistent with our core values and Code of Conduct. Ensures duties are performed in accordance with all regulatory compliance obligations.

Job Responsibilities :

• Leads the resource acquisition RFP (request for proposal) process and due diligence reviews of potential transactions including, but not limited to financial feasibility analyses, risk analyses, engineering review, operations review, environmental review, legal review, and real estate review.
• Originates strategic acquisition and contracting opportunities outside of the RFP process including interfacing with financial institutions, coordinating financial modeling for bids, and leading deal structuring and valuations.
• Oversees and leads negotiations of business deals critical to PSE's corporate growth strategy, including acquisitions and development projects, purchase and sales agreements, O&M agreements, real estate agreements, interconnection agreements, and service agreements.
• Ensures that all conditions are met related to deal closing and that transactions are successfully closed.
• Supports regulatory affairs in demonstrating prudence of transaction as needed, including preparing and providing testimony in WUTC rate cases.
• Manages external vendors setting scope, providing direction, and approving work.
• Performs other duties as assigned.

Minimum Qualifications :

Desired Qualifications :

MBA or related post graduate degree.