Director, Finance

Requisition ID:

108554

Share Our Purpose. Be Yourself. Feel Valued.

People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals.

We are

Beautifully Different

. We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role! Click here for more information on our inclusion, diversity, and equity journey.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

As one of the fastest growing utilities in the U.S., American Water expects to invest $40 to $42 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities.

American Water has been recognized on the 2023 Bloomberg Gender-Equality Index for the fifth consecutive year, ranked 18th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s WaterSense® Excellence Award, among additional state, local and national recognitions.

For more information, visit amwater.com and join American Water on LinkedIn , Facebook , Twitter and Instagram .

Position Information

$145,600 - $231,400

The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined based on factors such as market, geography, skills, education and/or experience. At American Water, we are committed to pay equity.

In addition to compensation, you will be offered a comprehensive benefits package including 401(k),Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more!

American Water is also proud to offer employees learning opportunities and work experiences to grow professionally!

Primary Role

Lead the finance function for multiple states or lines of business that supports achieving overall American Water goals. For area of responsibility, this role directs the business planning and reforecasting (landing zone) process, financial and management reporting activities, the design and management of internal controls, financial analysis and modeling, rate case support, business development support, and ensuring compliance with generally accepted accounting principles. This role is a key strategic leader that supports driving growth for the organization. This role functions as a financial business partner, working cross functionally to communicate, align on best practice, foster a culture of excellence and continuous improvement.

Key Accountabilities

- Serve as a key member of the state or LOB executive management team - participating in strategy development and leading the resulting financial plan in order to achieve targets and objectives that support the overall corporate plan

- Coordination and quality of financial reporting - monthly and annual reporting, business planning, monthly reforecasting, and analysis of financial risk

- Evaluation of new business proposals - review financial analysis and modeling of proposed growth opportunities to assure financial viability using appropriate investment and risk appraisal techniques.

- Provide financial guidance and serve as Divisional point of contact for all other finance-related activities - rate filings, external audits, internal audits, financing activities, etc.

- Build and manage a strong team of finance professionals, including coaching, succession planning, etc.

- Other special projects and ad hoc assignments

Knowledge/Skills

- Excellent analytical, problem solving and decision-making skills

- Outstanding leadership and relationship building skills

- Ability to communicate and negotiate across and amongst stakeholders

- Must possess financial and general business background with operational knowledge

- Excellent planning and organizational skills

- Advanced knowledge of US Generally Accepted Accounting Principles (USGAAP).

- SAP, Hyperion, Oracle

Experience/Education

- Degree in Business and/or finance. Masters degree preferred.

- Bachelor's Degree in finance, accounting or related field required. MBA preferred.

- 10 years of accounting/financial related experience required.

- 5 years supervisory experience or equivalent required.

Certifications/Licenses

CPA, CMA or CFA preferred

Work Environment

Typical indoor work environment

Travel Requirements

Approximately 10-20% travel.

Competencies

Prioritizes & Role Models Safety

Self-Awareness

Develops Talent

Plans, Aligns, & Directs

Drives Engagement

Decision Quality

Join American Water... We Keep Life Flowing

™

American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.