Chief Financial Officer

Overview

As a leader in advancing New York’s energy transition, the New York State Energy Research and Development Authority (NYSERDA) has remained a credible, objective, and trusted partner in our State’s energy planning as well as deploying new and innovative technologies to expand New York’s economy. NYSERDA has worked for the past 50 years to protect the environment and help New Yorkers increase energy efficiency, lower energy costs and reduce reliance on fossil fuels.

NYSERDA engages with stakeholders including residents, business owners, developers, community leaders, local government officials, universities, utilities, investors, entrepreneurs, and more, to develop, invest, and foster conditions that:

• Attract the private sector capital investment needed to expand New York’s clean energy economy.
• Overcome barriers to using clean energy at a large-scale in New York.
• Enable New York’s communities and residents to benefit equitably in the clean energy transition.

The Chief Financial Officer (CFO) helps deliver on NYSERDA’s mission and achieve New York goals in a fiscally responsible manner. The CFO is a self-motivated, knowledgeable, and innovative individual with strong analytical, interpersonal, and communications skills. The position is responsible for NYSERDA’s Controller functions, Financial Planning and Analysis including municipal finance, and entity-wide Controls and Risk Management. The CFO collaborates with other NYSERDA officers and other NYS government organizations to actively contribute to NYSERDA’s strategy development, designing and executing funding roadmaps that allow NYSERDA to meaningfully contribute to the achievement of the State’s energy transformation goals.

The CFO reports to the President and CEO and will be responsible for the following entity-wide functions:

• Controller and Treasury, which spans accounting operations, payroll, treasury management, financial reporting, detailed budget development, and oversight of NYSERDA’s financial systems infrastructure.
• Financial Planning & Analysis, including medium-long range planning and budgeting, funding optimization, liquidity management, and municipal financing including bond issuances and retail financing programs supported by state revolving funds.
• Risk Management and Controls, including financial regulatory compliance, insurance, information security, and NYSERDA’s internal controls framework and effectiveness. In this capacity the CFO serves as NYSERDA’s Internal Controls Officer and works closely with the internal audit department.

The CFO shall monitor and effectively manage fiscal and related operational matters for the Authority’s diverse programs, with an annual budget of approximately $2.2 billion across multiple funding sources, and transaction volume of approximately 4,000 contracts and nearly 150,000 vendor invoices each year.

• Provide leadership, direction, and management of all financial activities. Maintain a culture, policies, and procedures that promote sound fiscal management and stewardship, transparency, and accountability while concurrently fostering innovation and efficiencies.
• Provide strategic recommendations for fiscal strategies by evaluating trends, designing systems, allocating resources, resolving problems, leveraging technology, and implementing change.
• Develop statewide networks and proactively collaborate with sister entities to develop and implement forward-looking strategies that enable sustainable, appropriately scaled funding mechanisms to generate the resources needed to execute on NYSERDA’s strategic plans in support of NYS goals. Serve as a thought leader, representing NYSERDA at events to build support for overall financial strategies.
• Effectively engage with the Authority’s Board on relevant matters. Serve as the primary officer liaison to the Board’s Audit & Finance Committee, ensuring the provisioning of timely and relevant financial and risk data to ensure Board members are well-informed and able to successfully execute their fiduciary duties.
• Provide executive-level updates and advisement. Serve as an advisor to the President and CEO and other NYSERDA…