Senior Manager Strategic Initiatives

Status: Regular Full Time

Working Conditions: 5 days in office

Education Level: University Degree with a focus in Commerce, Economics, Finance, Business Administration, or a related field is required. Master of Business Administration (MBA), Master of Finance (MFin), CPA/CA, CFA or CBV designation(s) would be an asset.

Base Location: Oshawa, ON

Temporary Work Location: Toronto, ON

Travel: Yes – as required

Deadline to Apply: December 5, 2024

Salary Range: $123,000.00 - $196,000.00 Per Year

Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.

ACCOMMODATIONS

OPG is committed to fostering an inclusive, equitable, and accessible environment where all employees feel valued, respected, and supported. If you require accommodation during the application or interview process, please advise us as soon as possible so appropriate arrangements can be made.

If you require information in a format that is accessible to you, please contact AODA@opg.com

This position is moving to OPG Corporate Headquarters: In Summer 2025, OPG will officially welcome employees to our new Corporate Headquarters located at 1908 Colonel Sam Drive, Oshawa, Ontario. This new space will enable teamwork, collaboration and innovation that will help us to achieve our mission to electrify life in one generation. This position will be temporarily based in Toronto, ON until the move to Headquarters in the Summer of 2025.

JOB OVERVIEW

As our business grows as part of the energy transition, we are looking for a strategic and results-oriented professional to join our team in the role of Senior Manager, Strategic Initiatives.

Reporting to the Director, Corporate Development, the Senior Manager is responsible for leading and supporting teams in evaluating the financial impact of major corporate projects and strategic initiatives. These projects may include new-build power developments, mergers and acquisitions (M&A), and support for various investment-related or strategic planning issues.

KEY ACCOUNTABILITIES

• Lead the development and maintenance of complex financial models to evaluate new build developments, M&A opportunities, and other decision economics, including Power Purchase Agreement or Energy Supply Agreement negotiations or business case development
• Deliver strategic financial and commercial insights to support executive leadership with strategic decision-making
• Conduct thorough due diligence, risk assessment, and mitigation for potential transactions. Lead and collaborate with cross-functional teams across OPG to ensure timely delivery of required outputs
• Establish and maintain key relationships with internal and external stakeholders, including financial advisors and/or consultants, to facilitate the development of strategic deliverables
• Monitor and stay informed on developments in capital markets, energy market trends, and electricity market regulation, including updates to government funding programs and tax principles;

• Provide financial modelling expertise to assist other groups within OPG and perform other duties as required;
• Provide professional leadership; ensure that staff seek out best practices, develop their skills to benefit OPG to meet current needs and for succession planning in the organization; and
• Ensure staff are fully engaged and aligned to business goals and objectives.  Promote collaboration and teamwork, instilling expectations of excellence and personal best performance. Provide a safe, healthy and positive working environment. 

EDUCATION

• Four-year university degree in Commerce, Economics, Finance, Business Administration or a related field.
• Finance designation (e.g., CPA, CFA, or CBV) and/or an applicable post-graduate degree (e.g., MBA, MFin) are an asset.

QUALIFICATIONS

• Minimum six years of progressive experience in strategy, corporate business development or investment banking;
• Proven experience performing and coordinating valuation and commercial analysis of power generation, energy, or other infrastructure assets, with a strong understanding of regulated, contracted, and merchant revenue profiles
• Superior Excel financial modeling skills with an understanding of complex capital structure and project finance concepts
• Strong strategic and facilitative leadership skills with a demonstrated ability to effectively lead, influence and motivate a team of high performing professionals;
• Strong understanding of legal concepts and commercial contracts within the power generation, energy and infrastructure sectors.
• Advanced business writing and PowerPoint presentation skills, with the ability to effectively communicate complex information to senior management and executive leadership
• Ability to thrive in a fast-paced environment while balancing competing priorities
• People orientated with strong interpersonal skills, adept at building and maintaining positive, productive and collaborative working relationships and partnerships externally and internally with a wide variety of stakeholders, including the ability to present material to senior and executive management;
• Requires critical thinking, analytical, research and creative problem solving skills. A strong drive and a high level of energy, commitment and enthusiasm to take on complex and challenging situations in a dynamic organization; and

The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values and the OPG Code of Business Conduct.

What Makes a Career at OPG Different?

As Ontario’s largest clean energy generator, we’re building, expanding, and innovating the equipment and technology that keeps Ontario powered with clean, reliable energy.

At OPG, our values are our strengths. They are fundamental truths about our organization that don’t change:

Safety – it’s our business

Integrity – always lead with integrity

Excellence – never satisfied with good enough

Inclusion – working together for powerful outcomes

Innovation - creativity accelerates possibility

Here's why OPG might just be the ideal workplace for you:

· Exceptional range of opportunities province-wide

· Long-term career growth and development opportunities

· Electricity is vital to the province and OPG’s clean electricity is helping decarbonize other sectors.

Our promise to you:

· We care about the safety and the well-being of our employees. It is our utmost priority.

· A supportive work environment where you can be your best every day.

· Opportunities to stretch and develop.

· Offer different ways for you to give back to communities where we operate.

· Partner with Indigenous communities and support local businesses.

· We support employment equity, diversity and inclusion.

Are you ready to start a career that has the power to electrify life on and off the job? Apply now.

APPLICATION PROCESS

Please submit your application online at https://jobs.opg.com/ by 11:59 PM E.S.T., December 5,2024. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

#LI-Onsite

To be drafted following the routing process. 

The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.

OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities.

In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act.