Oversees all aspects of corporate finance and cash management functions of the Treasury Department. Responsible for the design and execution of appropriate short, medium and long term capital (debt and equity), hedging strategies and cost of capital. Leads the ongoing interaction with Rating Agencies, banks and bond investors.
Responsibilities/Duties:
- Focus on external stakeholders such as rating agencies, banks and bond investors. Coordinates and leads all Sempra interactions with rating agencies and ensures strategic and financial direction of Sempra and its Business Units supporting current strong investment grade credit ratings. Recommends appropriate capital solutions and hedging strategies, both short and long-term, that support the maintenance of credit ratings and risk management as the business evolves. Interfaces with all external banks and financial partners and leverages to implement applicable financial solutions. Reviews effectiveness of each and implements alternative solutions where appropriate. Navigates changing environments, implements pilot strategies and includes Senior Management and Business Unit leaders in external interactions where appropriate.
- Staff Development. Develops talent to become self-sufficient in executing appropriate Corporate Finance, Liquidity and Cash Management strategies and the ability to navigate the capital and economic markets. Develops programs for career and technical development of staff. Creates a world class business that attracts, retains and develops top talent for the organization.
- Corporate Financing. Coordinates all Sempra Energy financing activities with Corporate Treasury including debt issuances, dividend payments, equity issuances and credit assessments. These activities also include coordination with Sempra Utilities to maintain authorized capital structures while financing utility investments. Provides ongoing strategic direction to reporting units and to Business Units as business and markets evolve.
- Liquidity and Cash Management. Monitors and assesses cash-flows related to operating, investing and procurement activities and provides recommendations on changes in liquidity/short-term funding strategy. Continuous assessment of market health and peer performance. Oversees all intercompany loans, distributions and dividends. Continuously assesses, designs and executes existing cash management systems to create a world-class process typical of a large cap global company. Leads strategies to optimize working capital across the company.
- Partnering. Integrates business with all Sempra Business Units. Develops financial and strategic analysis and materials presented to the Sempra Corporate boards and/or Sr. Management to support and recommend strategic direction and financial commitments/implications. Stays current on industry, markets and Sempra developments short and long term. Updates management about development or impact to Sempra and anticipates business needs.
Qualifications:
Requires a Bachelor's Degree in accounting, finance, economies or other business-related field or equivalent with advanced degree (MBA, MS Finance) plus 12 years experience. Professional certifications (e.g. CPA, CMA, CIA, CFA, CFM) strongly preferred.
Ability to convey complex technical information, verbally and in written correspondence/reports, in a clear and concise manner to technical and non-technical audiences. Ability to identify issues and apply concepts by partnering with business unit segments to create solutions to business issues. Works effectively across diverse groups throughout Sempra Energy to resolve problems. Committed to excellence and timely results. Clearly aligns work group activities with Sempra's mission, goals, strategic direction and deliverables. Drives toward meeting high standards and getting the job done. Motivates others to perform at their highest level. Positively influences others and gains their cooperation and support. Constantly builds employees' skills to take on more challenging assignments. Willing to trust in the ability of others. Promotes collaborative cooperative cross-functional work relationships. Sets ambitious team goals. Takes a broad perspective and considers long-term implications when making business decisions and setting a strategy. Considers the "big picture." Develops business decisions and helps set strategy. Considers overall Company objectives. Must have a strong understanding of the regulatory rules and activities that govern the utilities. Experience testifying before regulatory commissions is highly desirable. Must have the ability to interpret accounting and financial theories and concepts and develop alternative solutions to enhance the Company's competitive position and maximize shareholder value. Requires a thorough knowledge of accounting/financial, analytical methods and techniques and the ability to apply all in problem solving. Requires knowledge of computer systems and applications.
Sempra Energy
101 Ash St
San Diego
California United States
www.sempra.com
