Strategic Finance Lead at South Jersey Industries in Folsom, NJ

About Us

South Jersey Industries (SJI) is an energy holding company that delivers clean energy services to 700,000+ customers and businesses throughout 14 counties in New Jersey. As part of our core values, SJI is dedicated to being a community partner and developing innovative clean energy solutions to meet the needs of the future. To do this, we depend on our workforce of over 1,100+ talented, diverse employees who help us deliver safe, reliable, affordable clean energy for a better today and tomorrow.

At SJI, we believe that our employees are our most valuable asset. Whether you’re a seasoned operations technician or an early-career legal professional, our culture, inclusive workforce, and leadership development and training programs will provide you with the tools you need to either kickstart your career or bring it to new heights.

Position Summary The Strategic Financial Lead provides analytic support to capital investment analysis and review, risk identification and evaluation as well as finance performance. As part of the Strategic Finance team you will build and maintain the SJI strategic operating model (5-year plan) working closely with business partners and other finance teams and 2) support investments and acquisitions to grow our portfolio of development-stage and operating assets. These acquisitions will range from new, or operating solar, fuel cell, renewable natural gas, and other energy transition assets. Your responsibilities will include financial modelings to assess risk and return of potential investments, transaction diligence, strategizing on how to optimize investments, deal structuring, and market intelligence monitoring.

Essential Functions:

Strategic Operating Model

• Drive ongoing development and enhancement of the utility strategic operating model (5-year model)
• Spearhead the effort to reduce results variability, analyzing root causes and driving forecasting improvements.
• Oversight of long-term financial metrics, analyses and sensitivities.

Energy Transition Investments

• Partner with the business to develop financial models to assess risk and return of potential investments including sensitivity analysis, scenario analyses and potential capital structures (project finance, tax equity, etc.
• Work closely with Tax, Treasury and Accounting to ensure correct understanding and modeling of assumptions including tax incentives, potential funding options and other key critical inputs.
• Collaborate with business partners to guide investments through the investment approval process including preparation of investment memos
• Analyze research data and synthesize raw information into insights and recommendations Participate in due diligence to identify all details of potential investment projects.
• Prepare “look back” analyses to assess achievement of forecasted business plan for approved projects.

Required Skills:

• An understanding of the capital structures used for these assets, such as project financing and tax equity.
• Excellent writing, proposal preparation and presentation skills.
• Experience working in energy, infrastructure, renewable or utility or other capital-intensive industries.
• An understanding of the capital structures used for these assets, such as project financing and tax equity.
• Excellent writing, proposal preparation and presentation skills.

Qualifications

Required Background:

• Bachelor’s degree in finance, accounting or similar with 8 years of relevant experience or;
• Master’s degree in similar concentration with 6 years of relevant experience
• Equivalent work experience may be considered in lieu of degree.

Explore the Possibilities

South Jersey Industries employs a diverse range of talent – from construction contractors to environmental specialists. Regardless of the position, mentoring and networking, hands-on experience, gaining industry knowledge and the opportunity to make a meaningful impact on our business and in our communities are all exciting ways that we welcome our employees at SJI. And as a company committed to creating an engaging culture built on inclusion and diversity, you’re sure to find an opportunity that makes you feel included, empowered, and ready to “bring your whole self to work” every day.

Benefits Package Overview

SJI offers a competitive and comprehensive benefits package to eligible employees.

The SJI “Total Rewards” Benefits Package include:

• Flexible vacation, Paid Time Off, and Sick Leave package
• Comprehensive Health, Dental, and Vision Insurance
• Short-term and Long-term Disability Insurance
• 401(k), with generous company match
• Employee Resource Groups to encourage employee engagement, nurture professional development, and foster an inclusive environment.

Equal Opportunity/Affirmative Action Employer

At this time, SJI is only considering applicants authorized to work in the United States currently and in the future without the need for visa sponsorship.

Compensation Range: $109,500 - 175,200 We are committed to pay transparency and ensuring equitability compensation for all employees. The pay range for this position reflects the base salary only and does not include benefits, bonuses, or other forms of compensation that might be part of the total compensation package. The specific salary offered will be based on a candidate’s qualifications, education, and experience.