The Massachusetts Municipal Wholesale Electrical services Manager Company (MMWEC) brings a competitive edge to Massachusetts municipal utilities dedicated to providing their customers with low-cost and reliable electricity. We plan, develop and manage energy resources in an evolving marketplace that requires high levels of innovation and expertise. Our values are old-fashioned, reflecting 40 years of public power joint action, but our service is second to none.
We are currently seeking to add a Treasury Financial Services Manager to our team.
This position is responsible for all Treasury activity, including cash and investment management, disbursement of funds, debt administration, investment management, financial analysis and the management of associated financial systems. The incumbent will lead MMWEC’s MLP financial evaluation, cost of services and rate study function and lead the administration of MMWEC’s Pooled Loan Program
Recommend and develop policies for receipts and disbursements of MMWEC financial resources and determines the type of loan agreements and provisions included therein.
Manage the outreach to members regarding MMWEC’s Poole Loan Program’s procedures, eligible projects, credit reservation and specific project analysis support.
Assist Executive Director Energy & Financial Markets in negotiation of revolving credit agreements.
Coordinate and reconcile bond fund transfer trustee activities for annual debt service payments compliant with the General Bond Resolution.
Forecast and analyze power purchasing and project cash flow needs and provide funding recommendations.
TRAINING AND EXPERIENCE
A) Education: Bachelor's Degree required. MBA in Finance or Economics or equivalent business experience
B) Experience & Knowledge: Minimum 5 to 10 year’s job related experience. Incumbent must have progressive experience in managing cross functional based teams. Effective communication skills are necessary. Debt management and negotiation skills highly preferred.
MMWEC offers a competitive salary & benefits package including both a pension and savings retirement plan with company match. We foster an environment that challenges employees to be passionate, energetic, proactive, and progressive. If you are interested & qualified to join our team please forward your resume and cover letter to:
Massachusetts Municipal Wholesale Electric Company
Human Resources Office
327 Moody Street
Ludlow, MA 01056 firstname.lastname@example.org
Massachusetts Municipal Wholesale Electric Company (MMWEC) eagerly accepts applications for employment from all qualified persons without regard to race, color, religious creed, national origin, sex, sexual orientation, GINA, marital status, gender identity, age, ancestry, veteran status, mental or physical disability, and political belief or affiliation.
MMWEC will only accept applications for open positions.
525 Washington Street, Wellesley, MA 02482
Phone: +1 (781) 489-7511