With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 7,000 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to 15 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to help make sure we keep their lives flowing. For more information, visit amwater.com and follow American Water on Twitter , Facebook and LinkedIn .
Responsible for supporting both short- and long-term financing activity for the organization.
Works with Investment Bankers to identify financing and/or refinancing opportunities.
Supports State & Corporate Finance & Regulatory teams; data request responses and maintain data request inflow and outflow.
Provides senior management with objective financial analyses and recommendations regarding capital structure, corporate and subsidiary credit ratings.
Supports Treasury Leadership Team with adhoc financial analysis.
Takes active role in debt and equity issuances. Including issuing taxable and tax-exempt debt, preparing applications, petitions, tracking borrowing rates and comparable market activity, tracking debt issuance costs, calculating all-in costs for senior management analysis, preparation of various certificates, review of debt legal documents, setup of debt subledgers, sub-lending of debt to subsidiaries.
Maintenance of all companys long-term liabilities.
Manages all Treasury Accounting and Financial Reporting functions. Prepare and provide monthly, quarterly and annual Treasury Analysis and report to Senior Management. Provides information for disclosure in various SEC and regulatory filings.
Supports 10Q and 10k debt reporting including PPV, and FMV analysis. Ensures compliance with SOX controls and other company policies, practices and strategies. Prepares documentation as needed for Audit purposes.
Updates existing procedures and document new procedures to communicate company wide .
Prepares capital structures for all subsidiaries on a quarterly or as needed basis to analyze debt/equity needs, prepare internal financing proposals. Prepares and analyzes the need for equity infusions, credit limit adjustments, and new long-term debt. Compile and maintain all documentation related to each debt financing, ensure all debt issuance fees are processed via Cash Management.
Compiles and prepares necessary information to complete quarterly debt covenant compliance calculations, analysis and obtain senior management sign-off for all debt across the regulated AW System. Oversees the distribution of all quarterly and annual financial statements prepare and obtain management sign-off on all Officer’s Certificates and supporting schedules to bondholders, rating agencies and municipal authorities. Provides support to subsidiaries relating to rate cases, business planning and forecasting. Maintains data request mailbox by tracking each data request received, delegating to proper department for response and consolidating responses for review. Runs various reports support business planning process, prepare and maintain schedules of planned debt/equity.
Understanding of Bank Products/Services preferred
Project management experience a plus
Utilities industry experience a plus
SAP, Bloomberg, Hyperion & Treasury Workstation experience a plus
Experience with cash forecasting and working capital management a plus
Understanding of short-term and long-term debt issuance a plus
Knowledge of taxable and tax-exempt financing markets a plus
7 – 9 years proven experience in a finance or treasury related position required.
Bachelors Degree in financing or accounting required
CFA or CPA preferred
Primarily based in Camden, NJ
Competencies Champions safety Customer obsessed Cultivates innovation Nimble learning Drives Results Collaborates
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 he or she is an individual with a disability, protected veteran or other status protected by federal, state, and local laws.
Original source: Indeed