Senior Manager Strategic Initiatives

Job title: Senior Manager Strategic Initiatives

Company: Ontario Power Generation

Job description: Status: Regular Full Time
Working Conditions: On-Site
Education Level: 4 year University Degree with a focus in Finance, Business, Economics, Math, Statistics, Engineering or a relevant study.
Base Location: Oshawa, ON
Temporary Work Location: Toronto, ON
Number of Position(s): 1
Shifts(s): Days
Travel: Yes- 10%
Deadline to Apply: August 12, 2024
Salary Range: $123,000.00 – $196,000.00 Per YearElectrify 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.ACCOMMODATIONSOPG 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 contactThis 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 OVERVIEWWe are seeking a Senior Manager, Strategic Initiatives to join our team in support of OPG’s Enterprise growth objectives. In this role, you will collaborate closely with strategy, business development, and finance leadership to conduct investment analysis, draft commercial agreements, and manage transactions, particularly in mergers and acquisitions (M&A). You will be instrumental in driving strategic development, growth planning, and executing commercial initiatives.Reporting to the Director, Business Development & Investment Strategy, the Senior Manager is responsible for driving long-term sustainable revenue growth by strategically developing and evaluating new business investment and partnership opportunities.As the Senior Manager, you will:

• Conduct detailed investment analysis to support decision-making processes.
• Draft and negotiate commercial agreements and contracts.
• Manage or assist in managing transactions from inception to completion, including M&A, joint ventures, partnerships.
• Perform specific assessments and investigations on a range of strategic matters.
• Develop and leverage internal and external networks and relationships to facilitate business objectives.

This is an exciting opportunity to work in an environment where you will contribute to OPG’s public outreach, engagement and education efforts as part of the company’s commitment to growing its social license.KEY ACCOUNTABILITIES

• Evaluate corporate strategic developments related to nuclear, hydro and/or other growth (internal and external), and facilitate the integration of business intelligence, information, perspectives and analyses.
• Provide strategic support through application of financial modelling and business structure analysis.
• Support the negotiation of commercial arrangements with external parties in the fulfillment of the above initiatives.
• Develop and manage of key external relationships/interfaces.
• Interface with internal stakeholders to access information, resources and specialized expertise, and provide input to the development of supporting functional strategies and operating and business plans.
• Assist in the review and integration of functional business strategies to ensure alignment with corporate strategies and priorities.
• Project manage and/or support a range of strategic development and planning initiatives.
• Analyze and assess business policies and government, business trends and new business opportunities, and supporting strategies and plans for seeding and advancing growth options/opportunities, while leveraging support resources from across the corporation as required.
• Collaborate across business units and with Corporate Strategy to support the development of OPG’s enterprise growth plans, including assessing new technology options and business development opportunities/investments, and other joint initiatives.
• Prepare regular briefing reports and special assessments; undertake both primary and secondary market, business issue or policy research.
• Develop and implement initiatives to strengthen the linkages between the Business Strategy Development, Commercial Management, Finance and other internal organizations by fostering collaboration on applicable initiatives and common issues.

EDUCATION

• 4 year University Degree with a focus in Finance, Business, Economics, Math, Statistics, Engineering or a relevant study.
• Chartered Professional Accountant (CPA/CA) designation, Chartered Financial Analyst (CFA) or Chartered Alternative Investment Analyst (CAIA) considered an asset
• Master of Business Administration (MBA) or Master of Finance (MFin) considered an asset

QUALIFICATIONSWe are seeking an entrepreneurial-minded, tenacious and curious person who is passionate about building business, innovation and new ideas is critical to the success of this position and who has the following:

• Minimum six (6) years of progressive experience in strategy, corporate business development or investment banking.
• Proven experience in investment analysis, financial modeling, and transaction management.
• Strong understanding of commercial agreements and contract negotiation.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Ability to work effectively in a collaborative team environment.
• Exceptional communication skills, both written and verbal.
• Experience in the energy sector or related industries.
• Advanced proficiency in financial modeling and analysis tools.
• Familiarity with regulatory and compliance frameworks.

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 possibilityHere’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 PROCESSPlease submit your application online at by 11:59 PM E.S.T., August 12, 2024. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted..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.ACCOMMODATIONIn accordance with the Ontario Human Rights Code, Accessibility for Ontarians with Disabilities Act, 2005, and the Ontario Power Generation’s Accessibility Standard, accommodation will be provided in all parts of the hiring process. Applicants need to make their needs known by contacting us in advance.Message to all OPG Applicants: Once your resume or cover letter have been submitted with an application, there will be no future opportunity to update those submission documents.

Expected salary: $123000 – 196000 per year

Location: Oshawa, ON

Job date: Wed, 31 Jul 2024 01:28:50 GMT

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