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New York Power Authority Manager of Financial Analysis in White Plains, New York


The Manager of Financial Analysis (“MFA”) oversees the Financial Analysis Group, which provides financial analysis and support for all departments and sites throughout the organization, aiding senior and executive management in their decision making processes concerning economic, competitive, and cost-benefit analyses. The MFA and their group supports robust financial and operational decision-making by providing expert advice as well as training on financial acumen, modeling, and best practices. The MFA and their group proactively offers these analysis resources to business units and operating plants throughout the Authority, and it is the responsibility of the MFA to build working relationships throughout the organization and advertise the group’s analytical expertise.

The MFA directs the Financial Analysis group in evaluating various what-if scenarios regarding potential changes in NYPA’s business. They also assist Financial Planning with assessing industry changes and changes in NYPA’s overall business, and any resulting necessary modifications to financial models and processes.

The MFA group also supports the analysis of cost and revenue data critical to the recovery of revenue requirements for NYPA’s generating facilities, various market areas, and transmission facilities.


  • The MFA has day-to-day responsibility for supervising their Financial Analysis team in meeting the below responsibilities:

  • Support contract negotiations by providing relevant financial information such as comparisons of proposed new contracts to existing agreements. Provide financial expertise and advice in internal and customer-facing meetings. Support the modeling of long term projections of cost-of-service and revenue requirements for NYPA’s various customer groups.

  • Assist in the creation of Business Cases for capital and O&M projects, by conducting Economic Value Added (EVA), Net Present Value (NPV), and other metric-specific analysis used to evaluate potential new investments. Provide financial decision support.

  • Participate and share expertise in cross-functional teams such as evaluation teams.

  • Create new or help modify existing financial models and financial reports used by business units, and provide education in financial analysis and modeling, in support of robust financial decision-making NYPA-wide.

  • Participate in the training of new employees in Financial Analysis and Financial Planning areas in order to share knowledge in multiple areas of expertise.

  • Assist the Financial Planning group in ensuring that all forecasting models are accurate and updated to keep pace with changing market conditions, NYPA policies and procedures, current legislation and the needs of internal/external stakeholders. Identify and implement additional reports to present data in a concise and useful fashion.

  • Oversee day to day management of staff. Provide coaching, feedback and support for each individual's development. Review performance of staff; establish development plans, work performance goals and review individual goals each appraisal period. Recommend staff additions, promotions, salary increases, and workforce projections.

  • Develop and manage a cost effective department budget.

  • Support Director Financial Planning and Vice President Finance in miscellaneous assignments, as requested.

Knowledge, Skills and Abilities

  • Strong leadership, planning and organizational skills to manage a complex process involving many different departments within NYPA as well as customers, their consultants, and related contracts.

  • Strong managerial skills to manage a staff of professionals and the contractual requirements for each customer segment in a constant evolving marketplace.

  • Excellent communications and interpersonal skills to interact comfortably with all levels of NYPA staff and outside stakeholders.

  • High degree of analytical/problem-solving capability to analyze large volumes of data, interpret historical trends, identify key strategic issues and problems and recommend solutions in a very timely manner commensurate with the constant evolving energy market

  • Excellent statistical and quantitative analysis skills with the use of spreadsheets and databases to develop past and future financial trends.

  • Ability to analyze financial, marketing and operational data and make recommendations to establish strategic benchmarks and goals is required.

  • In-depth knowledge of and strong background in Economics, Finance, or Accounting.

  • In depth knowledge of the electric/utility industry and NYISO market strongly preferred.

  • Understanding of the oil and gas markets, fuel hedging structures and power hedging structures is preferred.

  • Knowledge of financial and bond markets is preferred.

  • Knowledge of more than one of the following areas is required: marketing plans, budget process, rate design, contract interpretations, investment / cash management policies and procedures, accounting policy, or plant operations.

  • Advanced PC-based skills including Microsoft Office Suite required. General knowledge of SAP preferred.

  • Ability to ensure the promptness of departmental deliverables and ensure that financial models are kept current, procedures are maintained and followed, and data is properly and sufficiently analyzed prior to report distribution.

  • Ability to take a proactive approach to identify opportunities to improve efficiency and increase the automation of work processes and computer model systems.

  • Ability to organize and prioritize job assignments, and coordinate with the Director Financial Planning and other group members.

  • Strong understanding of NYPA’s overall operations is preferred.

  • Excellent oral and written communication skills are required, with the ability to clearly explain and present concepts in multiple areas of expertise to peers and management.

  • Strong willingness to adapt to change, with the ability to research and learn new areas as the business needs change.

  • Ability to assist others in achievement of group goals and foster an environment of cooperation among group members.

Education, Experience and Certifications

  • Bachelor’s degree in Finance, Accounting, Economics, Business, Mathematics, or related discipline is required.

  • An advanced degree in Finance or Accounting is preferred.

  • Minimum of 7 years of broad experience in a Finance, Accounting, Statistics, Risk Management or relevant financial role preferred.

Physical Requirements


The New York Power Authority is an Equal Opportunity Employer