Director and Assistant Treasurer

CenterPoint Energy and its predecessor companies have been in business for more than 150 years.

Our Vision: Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people.

Our Commitment: CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce.

At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.

Job Summary

The Assistant Treasurer will support the Treasurer in managing CenterPoint's financial activities, focusing on daily operations of multiple functions within the Treasury Department including cash management, capital markets corporate credit, investment management, and financial compliance.

• Supports the Treasurer in regulatory proceedings through preparing cost of capital testimony, responding to discovery requests and acting as a witness in hearings as needed.
• Evaluates financial risk and financial reporting activities related to all treasury operations.
• Manages rating agencies and bank relationships in conjunction with the Treasurer.
• Assists in meeting overall finance department's policies and regulatory requirements.
• Assigned Treasury Department and Finance Organization special projects.
• Responsibilities will include managing personnel, overseeing their work deliverables as well as the professional development of team members.

Essential Functions

• Oversees daily cash flows, forecasting and ensuring adequate liquidity.
• Prepares longer term financing forecast and recommendations for appropriate financing vehicles.
• Manages banking relationships, negotiating terms, and ensuring smooth execution.
• Manages credit rating agency relationships and provides appropriate support and analysis as needed.
• Ensures compliance with the provisions in financing agreements (indentures, supplemental indentures, credit agreements, servicing agreements, etc.) and SOX testing and control environment (including automated and manual controls).
• Evaluates financial risk as it relates to treasury operations, including, but not limited to annual interest expense, amount of debt outstanding, size of commercial paper program, revolving credit facilities, credit rating agencies, and capital markets offerings.
• Supports the risk management function, including derivatives and hedging transactions.
• Supports the development and implementation of investment strategies. Monitor investment accounts for compliance with investment policies.
• Assists with execution of financing plans and explains/shows their impact on EPS, balance sheet, tax effects and financial ratios.
• Oversees credit facility extension and/or negotiation on a periodic basis.
• Develops written testimony for rate cases and similar proceedings, as applicable, before public utility commissions regarding cost of capital, capitalization, credit ratings and various financing matters; Provides ongoing support of requests for information from regulatory bodies.
• Implement and monitor control systems to mitigate financial risks and ensure compliance with financial regulations.
• Provides support to the investor relations function and the SEC filing function with respect to financing activities. Understand and manage appropriate accounting procedures and processes.
• Provides support to internal and external audit requests.
• Fosters relationships with external relations including legal counsel, and advisors, bankers, auditors, etc. Interacts and develops internal relationships with various departments, including, but not limited to Legal, Accounting, Tax, Finance and Operations.
• Conducts benchmark studies of banks and their services to evaluate whether they fit CNP's requirements.
• Assesses performance benchmarks and recommends changes when warranted.
• Develops technology strategies to support treasury operations. Keeps abreast of advances in treasury technologies and assess applicability.
• Recommends, implements, and maintains process improvements, including the use of Robotics technology.
• Provides technical and other support for mergers and acquisitions and other projects as needed.
• Assist in the preparation of BOD related material and present, if applicable.
• Develop and implement strategic plans to achieve organizational goals.
• Lead, mentor, and develop staff to foster a productive work environment.
• Additional duties as directed by supervisor.

Education Description

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  Requires a bachelor's degree in Accounting, Economics, Finance or Business Administration.

  
  
  
  
  • CTP, CFA, or CPA preferred
  • M.B.A. or Masters of Accounting preferred
  
  
  
  

Experience

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  Requires seven (7) years relevant technical experience and experience leading a team

  
  
  
  
  • Exposure to utilities
  
  
  
  
  • Understanding of the equity and fixed income capital markets, disclosure regulations, and communications to the investment community
  • Experience in the preparation of financial schedules and SEC disclosures
  • Experience in preparing cash forecasts and cash flow analyses/metrics
  • Extensive experience in building complex financial models to evaluate various financial instruments and plans
  • Experience in presenting and preparing proposals to recommend new products/services
  • Experience is managing bank and credit rating agency relationships
  
  
  
  

We want you to know
Being a part of the CenterPoint Energy team is more than a career alone. It's an opportunity to make a positive impact. You will be an integral part of enabling everyday life and the pursuit of possibilities for the customers we serve and the communities we share. The vital services we provide are at the core of making our world work, and by sharing your energy with us, we'll create a better tomorrow together.

What we bring to you

• Competitive pay
• Paid training
• Benefits eligibility begins on your first day
• Transit subsidies
• Flexible work schedule, paid holidays and paid time off
• Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
• Professional growth and development programs including tuition reimbursement
• 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution

Job Type:Full Time
Posting Start Date: 07/11/2025
Posting End Date: 07/25/2025

This contractor and subcontractor shall abide by the requirements of 41 CFR * 60-1.4(a), 60-300.5(a), and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.

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