Senior Director of Energy Acquisition

Job Description

Washington Gas is seeking a

Senior Director, Energy Acquisition

to lead the daily activities of the Energy Acquisition department including supply portfolio management, procurement, transportation, delivery service, and invoicing. You will be accountable for acquisition and marketability of secure supply and ensuring recovery of costs in a regulatory environment and transition to a market environment. You will be responsible for economic resource dispatching including plants in rapidly changing conditions and under uncertainty. The Senior Director is a leader for system interruptions across the various business units and management of usage during those periods. You will be accountable for all operational and commercial aspects of the WGL Asset Optimization (AO) program – strategy development & execution, financial reporting & performance, compliance, agent management, capacity allocation, coordination between utility supply & trading operations, program administrative functions and coordination with internal support units.

Your Tasks and Responsibilities:

- Formulate and oversee the execution of the Energy Acquisition strategy and operating plans for the department, including gas hedging, asset optimization, long term gas procurement strategy and delivery service program regulations and policies

- Responsible for establishing, monitoring and continuously improving energy acquisition systems, policies and processes

- Represent the Company’s interest before external audiences, including informational forums with government authorities, inquiries from media, formal and informal proceedings with regulatory authorities, including expert witness testimony and contractual negotiations, settlement negotiations with pipelines and suppliers

- Oversee load forecasting process which impacts the Company’s financial forecast, capacity portfolio requirements and gas commodity needs. Responsible for negotiating and contracting with pipelines and wholesale suppliers for firm transportation, storage and peaking resources. Accountable for development of capacity, commodity supply and pricing arrangements to ensure reliable and cost competitive gas supplies.

- Manage, oversee and administer supplier interaction within the delivery service programs

- Oversee allocation of capacity to AO program; execution of approved AO strategies; compliance with program policies and procedures; agent interactions and contract administration; coordination between utility supply operations for ratepayers & AO trading operations; coordinates with other internal support units such as Finance & Accounting, Risk, Regulatory Affairs

- Evaluates and approve the following: new AO strategies; long term contracts; revenue forecasts’ forecast updates and financial reports; hedging strategies; and, agent invoices

- Accountable for $2.5M of O & M; recovery and approval of $500M commodity costs and $200M of demand costs. Also, accountable for $40M - $80M in gross revenues generated from Asset Optimization program

- Represents the business unit before internal audiences across various departments in developing strategic planning for increasing revenues and coordinates long term strategies with asset optimization and the consultant

Your Skills & Qualifications:

- Bachelor's Degree required

- 10+ Years of well-rounded business experience to include 5 years in energy acquisition, transportation and interstate and local regulation with demonstrated leadership ability required

- Extensive knowledge of pipeline supply and delivery

- Working knowledge of energy acquisition sources, energy portfolio management, pricing strategies, and marketing

- Ability to proficiently operate a variety of computer software to share, retrieve and research business information and data

- Ability to successfully influence/persuade to achieve desired business outcomes

- Ability to successfully negotiate business agreements and to resolve disputes with business partners

- Ability to effectively evaluate multiple scenarios and to implement effective solutions to broadly defined business problems

- Ability to effectively communicate complex messages to diverse audiences at all organization levels

We offer a competitive salary range of $211,000 to $300,000 per year, commensurate with experience, education, and skills. In addition, we provide a comprehensive benefits package including health insurance, retirement plans, and paid time off.

The Company values diversity in its workforce and encourages United States military veterans and service members who meet the qualifications to apply

Why work at AltaGas? AltaGas

is a North American energy infrastructure company with a focus on owning and operating assets that provide affordable energy to our customers. AltaGas assets include Washington Gas/WGL, SEMCO, and Petrogas. Our talented team, nearly 3,000 strong, leverages the strength of our assets and expertise along the energy value chain to connect customers with premier energy solutions – from the well sites of upstream producers to the doorsteps of homes and businesses to new markets around the world.

We deliver clean and affordable natural gas to approximately 1.7 million customers’ homes and businesses through regulated natural gas distribution utilities across four jurisdictions in the United States and two regulated natural gas storage utilities in the United States. Learn more about our team, vision, and strategy.

To learn more about our mission: https://youtu.be/k1mrKDdsYW8?si=y1k3NOyHxgf4emdL For Canadian hires

: AltaGas hires personnel on the basis of job-related qualifications. All qualified applicants will receive consideration without regard to a person's ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, record of offences, marital status, family status or disability or any other characteristic protected by applicable law.

For U.S. hires

: WGL/SEMCO/AltaGas offers a total rewards package that includes competitive pay, incentive bonus plans, holiday pay, 401K matching and a wide array of benefits. These benefits including medical, dental and vision coverage are designed to help you and your family stay healthy. We also have paid time off (PTO) to balance the demands of your work and personal life. Available benefits vary depending upon the specifics of the role.

U.S. affiliates of AltaGas are committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, ethnicity, religion, gender, age, national origin, marital status, sexual orientation, gender identity, family responsibilities, matriculation, physical or mental disabilities, political affiliation, genetic information, status as a protected veteran or any other characteristic protected by federal, state, or local law.