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American Water · 1 day ago

Director, Treasury

Camden, NJ

Full-time

Onsite

Director/Executive

$125K/yr - $199K/yr

15+ years exp

American Water is a leading water and wastewater utility company, and they are seeking a Director of Treasury. The role involves overseeing regulated state financing activities and ensuring compliance with financial and regulatory standards while driving strategic financing initiatives to support customer affordability goals.

ConsumerWaste ManagementWater

Comp. & Benefits

Responsibilities

Lead the end-to-end execution of regulated state financings under the State Revolving Fund (SRF) program, ensuring alignment with American Water’s strategic goals and regulatory standards

Assess the financial capacity of state subsidiary applicants to cover loan repayment and debt service, a critical step in the loan approval process

Ensure full legal and regulatory compliance for all SRF-related financings, including documentation of public support and establishment of required reserve accounts

Evaluate program objectives, assessing environmental and public health needs, and setting financing and programmatic goals for the SRF

Track, manage, and report financial and administrative data tied to capitalization grants and loan awards to ensure transparency and accountability

Safeguard American Water’s (including American Water Capital Corporation (AWCC) and operating subsidiaries) debt structure by reviewing new loan documents for any conflicting covenants or provisions

Oversee all documentation related to state subsidiary financing, including credit agreements, bond schedules, and interest rate negotiations

Manage quarterly and annual compliance activities for all state debt across the American Water system, ensuring consistent execution and reporting

Partner with State Finance and Legal teams to lead the full lifecycle of new state debt issuance—from business planning through regulatory approval and closing—while adhering to American Water’s Financing Policy and Regulated Utility Financing Practice

Support negotiations with regulators and government agencies to secure approvals and favorable financing terms

Provide treasury expertise in regulatory proceedings, including rate cases and financing petitions, to support efficient and effective compliance

Qualification

Debt financingState subsidized financingRegulated utility capitalizationTreasury expertiseManagement experienceBachelor's DegreeMBA preferredCustomer obsessionInnovationNimble learningCollaborationResults-driven

Required

At least 15 years finance, including treasury and rates roles

Management experience required

Bachelor's Degree in finance or accounting

In-depth knowledge of debt financing to include redemption and refinancing analytics, bonds, convertible bonds, preferred stock, and interest rate risk management

In-depth knowledge of state subsidized financing products

In-depth knowledge of the regulated utility capitalization model and the regulatory approval process for long-term financing