Treasury Analyst_
Portland
At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.
**Treasury Analyst**
This is an exciting time to join Portland General Electric. As Oregon’s largest electric utility, Portland General Electric is leading an energy transformation that will harness the power of clean and renewable resources on behalf of all customers. Our vision for a clean energy future relies on three interrelated and overarching strategies: decarbonize through investing in clean and reliable energy; modernize through a smarter more resilient grid; and empower our customers in their energy technology choices.
As Treasury Analyst you will have the opportunity to support PGE’s cash management function, short- and long-term financing activities and financial operations efforts. Our business is rapidly transforming and this role has the opportunity to contribute to a variety of different efforts based on interest and aptitude.
You will develop, maintain and enhance relations and communications between the organization and financial professionals to enhance access to cash and PGE’s overall banking relationships. You will support development of reports and presentations to management and PGE’s Board of Directors.
You should be someone with intermediate knowledge of finance theory, investment analysis, accounting and financial planning and forecasting methodologies, as well as an intermediate knowledge of other finance and accounting disciplines, financial systems and applications. Our ideal candidate will have excellent problem-solving, decision-making skills, negotiation and diplomacy skills, and advanced written and oral communication skills.
**This position requires** **a bachelor’s degree in accounting, finance, or other related field or equivalent experience and two or more years in related field. Certifications/Licenses** **and Training CFA a plus.**
**Please include a cover letter in your submission.**
**Position Purpose**
This position supports achievement of PGE’s financial goals and objectives. This position is responsible for supporting PGE’s cash management function, short- and long-term financing activities and financial operations efforts. This position will also provide analytical support for the group; developing a solid foundational understanding of Treasury and related functions and requires someone with nimble learning capacity.
**Essential Job Responsibilities** (functions with percent of time spent performing function)
**Treasury Management (50%)**
+ Analyze daily cash needs to ensure the company maintains proper liquidity.
+ Optimize cash investment returns consistent with established investment policies.
+ Complete comprehensive and detailed daily cash forecast for rolling 3-6 months. Provide variance analysis of cash forecast to other long-term company cash forecasts.
+ Issue letters of credit to support company operations including the trading floor.
+ Execute an accurate and comprehensive foreign currency hedging program.
+ Continuously review the process to ensure greatest efficiencies are occurring.
**Process Improvement (25%)**
+ Assess current processes on necessity and performance.
+ Determine whether processes should be automated; if so, analyze level of complexity and work cross-functionally to deliver improvements.
**Other (25%)**
+ Assist in preparation of the Board reports including CFO Report to the Finance Committee.
+ Payment of invoices.
+ Special projects as requested.
**Communications** (description and reason for contacts)
Company personnel: managers and employees within various departments of PGE. Communications will include gathering and verifying information as well as reporting results. External parties: a broad range of external parties including bankers, FX traders, vendors, customers and others.
**Challenges** (complexity and diversity of actions)
Building a solid knowledge base on the company and staying current on financial issues. Assimilating information and knowledge in the Investor Relations, credit, and treasury disciplines. Ability to balance and establish priorities with minimal direction when faced with varied workload demands. Ability to propose creative solutions to problems. Judging when/how to obtain appropriate cross checks on accuracy of work. Maintaining flexibility in a changing work environment.
**Decisions Made** (this position makes the following decisions)
Decision on allocation of work time between various projects. Other day-to-day decisions.
**Knowledge/Skills/Experience Required**
Financial background required. Good oral and written communication skills. Thorough knowledge of software applications such as PowerPoint, Excel and Word. Knowledge of Treasury Management software desired, particularly experience with Kyriba. Effective human relations skills, with an understanding of the Guiding Behaviors. Strong analytical and problem-solving skills – readily identifies alternatives. Team oriented with the ability to effectively build relationships. Demonstrated ability to provide innovative solutions to problems. Basic ability to apply analytical skills to the utility business. Typically a bachelor's degree in business, finance, economics or related field or equivalent experience. Two plus years of responsible experience.
**Physical/Mental Abilities and Processes** (what reasoning and decision-making activities are involved in performing job)
Ability to effectively manage time and set priorities for projects or assignments. Ability to define problem solving approaches for complex business problems. Strong reasoning skills and ability seek out opportunities for enhancement of shareholder value. Maintain a high level of curiosity in day-to-day work activities. High level of attention to detail and accuracy in all work projects. Maintain a sense of humor and embrace the challenges of a fast paced learning environment.
Compensation Range:
$72,900.00 - $121,500.00
Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range, the decision will be made on a case-by-case basis.
PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here (om/hrcs5511) .
**Join us today and power your potential!**
Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.
PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.
PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting [email protected] or by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at [email protected] .
To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.
At Portland General Electric, we’re innovators, builders, and achievers. We’re committed to powering our customers’ potential and making a difference for our community and the planet. Today, that commitment includes developing an intelligent and resilient electric grid, electrifying transportation and de-carbonizing the energy sector.
We’re proud to deliver an exceptional experience to help our customers thrive. Our mission is to make clean, reliable and affordable energy services available to all. We obsess over serving customers and are committed to growing employee career paths with purpose. Equity and inclusion are core business values; we celebrate our differences and are committed to developing teams that reflect the communities we serve.