Director Finance at Veolia North America in West Nyack, New York

Posted in Other 10 days ago.

Job Description:

Company Description

About Veolia North America

A subsidiary of Veolia Group, Veolia North America (VNA) offers a full spectrum of water, waste and energy management services, including water, and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. VNA helps commercial, industrial, healthcare, higher education, and municipality customers throughout North America. Headquartered in Boston, Mass., Veolia North America has approximately 10,000 employees working at more than 350 locations across the continent. Please visit our website

Job Description

Pay Rate: $140,000 to $155,000, Per Year.


Veolia's comprehensive benefits package includes paid time off policies, as well as health, dental and vision insurance. In addition, employees are also entitled to participate in an employer sponsored 401(k) plan, to save for retirement. Pay and benefits for employees represented by a union are outlined in their collective bargaining agreement.

Position Purpose:

The Financial Director will be responsible for the financial oversight of Veolia New York Division (2023 Budgeted revenue of $225M) that includes:

  • Veolia New York

  • Veolia Rhode Island

  • Veolia South County Sewer

  • Veolia Heritage Hills Sewer

The role includes the traditional financial roles of accounting, budgeting, strategic and financial planning, as well as participating in the development of rate case planning, implementation of requirements from rate case orders, and may include acting as an expert witness in rate case filings. The incumbent must possess strong analytical skills including the development of cost/benefit and capital investment analyses as well as accounting analysis. Incumbent will report to the General Manager of Veolia NY and the CFO Utility Operations.

Primary Duties/Responsibilities:

  • Issue all financial statements and financial information in a timely manner. Adhere to the rigid monthly and annual closing schedules established by the Corporate Finance department. This includes, but is not limited to income statements, balance sheets, cash flow statements, budget variance analysis, forecast updates, budgets, MTP projections and narratives, monthly narrative, and responses to inquiries from Regulated Segment Finance, Regulatory Business, and Management.

  • Ensure that rate case outcomes, surcharges, AFUDC calculations and interim filings are properly reflected in the Budget, Visee, and MTP projections of the Division BU's.

  • Ensure that actual results to net income are in line with rate plans including accounting treatment and capital investment.

  • Provide analysis and financial support to operations for investment and divestment decisions, including significant capital expenditures.

  • Compliance with Sarbanes Oxley/CODIS/INCOME.

  • Monthly meeting with Regulated Segment management to discuss operating results.

  • Full disclosure of Risks & Opportunities.

  • In coordination with the regulatory business department and under the direction of Regulated Segment Finance, provide assistance on BU regulatory issues such as rate filings, acquisition applications, responses to interrogatories, and when called upon, testimony preparation, preparation for hearings and reviewing/critiquing opportunities.

  • Implement the financial requirements of the rate orders as approved by the regulatory body. Closely track the various surcharges to recover exactly the approved amounts over time.

  • Ensure reconciliations are being completed as per the rate orders and the information is collated for regulatory filing.

  • Complete the 10 years strategic plans and file with the Public Service Commission by the due date bi-annually.

  • With the Rate Department, prepare and/or file allowed surcharges with the various regulatory bodies as per the rate order and annual planning.

  • Use key indicators to track and optimize financial performance in each business unit.

  • Interface with in-house counsel on property tax issues, coordinate the company position and testify at administrative hearings as required.

  • Collaborate with Corporate accounting team. Review financial data for accuracy and reasonableness. Ensure accounts are reconciled and corrected in a timely manner.

  • Incumbent serves as a liaison with external and internal clients, including auditors, Corporate Finance, Corporate Regulatory department, bank representatives, government personnel and others performing special analyses to provide documentation as necessary. Reviews and files the quarterly and annual reports required by the New York Public Service Commission.

  • Coordinate with corporate and regulated segment accounting on asset management, PCAM and corporate planning.



  • Bachelor's Degree in Accounting/Finance, Business Administration or equivalent.

  • CPA and/or MBA preferred.

  • 8-10 years of experience in accounting, finance and computer financial modeling and prior supervisory experience.

  • 5-8 years familiarity and/or experience with regulated utility accounting, cost of service rate-making, regulated utility regulations and practices.


  • Requires the exercise of considerable knowledge of operations and financial, policies and laws.

  • Requires an in-depth knowledge of accounting for regulated utilities and the USOA.

  • High degree of professionalism and the overall ability to work with all levels within the organization.

  • Sound knowledge of utility accounting practices.

  • Thorough knowledge of corporate and regulatory reporting requirements.

  • Experience with Google Platform and PeopleSoft.

  • Strong communication skills, both written and oral, and interpersonal skills.

  • Excellent managerial and supervisory abilities, organization, and problem-solving abilities.

  • Solution oriented, continuous improvement mindset.

  • Strong understanding of the cost of service ratemaking process and how regulatory orders affect and are applied to the books and records of the Company.

  • Familiarization with planning methods and techniques.

  • Have a good understanding of Bargaining Unit contracts; managing Bargaining Unit personnel.

Additional Information

We are an Equal Opportunity Employer! All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable law.

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