DTE is one of the nation's largest diversified energy companies. Our electric and gas companies have fueled our customer's homes and Michigan's progress for more than a century. And as Michigan's largest source of renewable energy, we're creating a cleaner, healthier environment to power our future. We're also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states. But we're more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you'll be part of a team that welcomes, recognizes, and celebrates differences, and values everyone's health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.
Job Summary
Location: Detroit, MI
This position provides support to General Managers and Directors with respect to owners interest in projects. Works toward maximizing revenue, profit and returns through knowledge of finance, contracts, operations, partnerships, insurance, markets, taxation, and accounting. Assists with the evaluation of potential acquisitions and development opportunities. May acquire in-depth knowledge of a specialized aspect of products or markets used to reduce risk or enhance financial returns. Develops and maintains relationships with customers and stakeholders.
Key Accountabilities
- Financial Responsibility (P&L Management)
- Accumulate, measure, analyze, interpret, and report project information that is both useful and relevant to the internal and external stakeholders of the business unit
- External stakeholders are those who have a vested financial interest in the business unit or project company: banks (loans/leases), investors (potential partners, parent company), etc.
- Internal stakeholders are the business unit director, project managers, operation and development managers, accounting, finance, etc.
- Coordinate and develop communication channels while providing financial support to operational personnel and project sites to ensure effective collaboration and execution
- Responsibilities to include:
- Develop financial forecasts and monitor financial performance against project pro forma, updated project forecasts and recommend corrective actions reducing or managing costs
- Determine the fees or prices for goods and services
- Authorize, modify, or discontinue a program or activity
- Project/Asset optimization
- Act as primary contact with project lenders and their representatives such as trustee, independent engineer, and legal counsel
- Establish process for creating and tracking performance benchmarks in order to monitor management effectiveness
- Create and implement systems for tracking risks and opportunities on a project-by-project basis
- Establish best practices to streamline process of estimating future costs and evaluating future performance
- Gather and deliver information which will serve as useful feedback on project performance
- Identify and develop new business opportunities within existing customer relationships Site Support
- Mine key data for managers to plan and control products, services, and customers
- Play a key role as part of decision-making teams, including contract negotiations support
- Analyzing data and current market trends
- Providing guidance facilitating business unit to quickly make informed data driven business decisions
- Develop expert level understanding of business unit in order to preserve valuable resources (capital, time, human resources)
- Create and implement action plans to address risks and opportunities (hedging of commodity risk, maximizing value of third-party contracts, etc.)
- Inspect all projects and contracts to determine opportunities for optimization and increased efficiency
- Support or lead negotiations to modify key project agreements
- Evaluate insurance coverage for need and adequacy, optimize Customer Management
- Understand and anticipate the needs of current and potential customers
- Enhance two-way exchanges with customers to give business unit more intimate knowledge of needs, wants, and buying patterns
- Coordinate key players within the organization (customer facing, internal controls, operations, development) in order to best serve the customer
- Implement and integrate a commitment tracking system into business unit processes to ensure all project obligations and due dates are met
Minimum Education & Experience Requirements
- Must possess a Bachelor's degree in business, accounting, finance, industrial technology, engineering or a relevant science
- At least five years of experience in asset management, operations, or project development, or in an equivalent role within a construction, manufacturing, or service environment.
Other Qualifications
Preferred:
- Working knowledge of contract terms and conditions and the ability to administer complex contracts
- Strong communication skills with the ability to clearly and concisely communicate both verbally and in writing to internal and external audiences
- Proven ability to develop effective working relationships
- Understands the technology utilized by customers and how it relates to the commodities and services provided by DTE Vantage
- Knowledge of the regulatory processes under which a facility operates
- Strong organizational skills with the ability to meet deadlines and manage multiple simultaneous activities
- Problem solving and decision-making skills
- Working knowledge of Microsoft Windows, Word, and Excel; familiarity with email, scheduling, commitment tracking, customer relations and time reporting software applications
Physical Demands & Working Conditions
The physical demands characterized here epitomize those that must be met by an employee to properly perform the integral functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. In order to properly perform the integral functions of this job, the employee is required to:
- Occasionally stand or walk and stoop or kneel.
- Frequently sit.
- Talk or hear, both in person and by telephone; use wrists, hands and/or fingers in a repetitive motion; and reach with hands and arms extensively.
- Occasionally lift objects of up to 10 pounds in weight.
- Use computers with exposure to video display terminals; and some repetitive motion associated with data entry, the use of a computer mouse, and while using other office equipment.
- Possess the following vision requirements: close, color, depth perception and the ability to adjust focus.
- Perform job duties primarily in a work from home capacity and periodically from a climate-controlled office environment, with a moderate noise level. However, on an occasional basis the employee may be required to travel to project sites where noise levels and environmental conditions may vary.
Additional Information
Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.
PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS
At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity, employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by applicable federal and/or state laws.