Job Information
PPL Corporation Transmission Project Development Portfolio Management Specialist Sr or Lead in Louisville, Kentucky
Company Summary Statement
Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve more than 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 334,000 natural gas and 433,000 electric customers in Louisville and 16 surrounding counties. KU serves 569,000 customers in 77 Kentucky counties and five counties in Virginia. LG&E and KU are major employers and active supporters of the communities they serve. They empower employees, community members and initiatives across their service territory through volunteerism and investments in organizations that support education, sustainability and wellbeing.
Overview
This position supports the analysis and solving of complex business process and technical problems with a focus of improving operational effectiveness associated with major electric transmission capital projects. The role ensures accurate financial reporting and portfolio-level financial performance, working closely with engineering, construction, and project management teams to ensure projects are delivered on time and within budget. Individual displays an understanding of the company budget process and a high degree of skill and competency in one or more areas of expertise and requires minimal direction from the Manager.
Responsibilities
Responsibilities
• Coordinate development of business cases and investment proposals for submission and spend authorization approvals.
• Collaborate with Transmission Project Development, Project Management, Construction, and Engineering teams to ensure project budgets are aligned with scope and yearly cash flows.
• Analyze portfolio performance and recommend project adjustments for projects in development phase to meet overall portfolio targets.
• Review and identify projects in the portfolio for potential redundancy and efficiency opportunities.
• Support the documentation of project cost estimates for upcoming capital projects with an emphasis on expenditure types, project duration, and cashflows.
• Work closely with Supply Chain and other support organizations to develop, issue, and execute service contracts to support Project Development needs.
• Coordinate monthly departmental efforts to support capital forecasts, budget variances and accruals on all Projects in Project Development.
• In coordination with Budgeting and Accounting, utilize PowerPlan to early open projects to allow for long lead time material orders and preliminary engineering services.
• Complete financial breakdown of recently completed, large capital projects into “As Built” estimate sheets so they can be utilized in development future project estimates.
• Maintain compliance with internal controls, accounting standards, and audit requirements.
• Facilitate Transmission Accountability Meeting (TAM) by assisting and coordinating submittals with Transmission Project Managers.
• Performs other duties as assigned
• Complies with all policies and standards
Qualifications
Education & Experience
Bachelor's Degree in Finance, Accounting, Business, Engineering, or related field.
5+ years experience with program or project management which may include budgeting, requisitions and approvals, project control management, and/or performance reporting.
Preferred Qualifications
Utility program or project management experience preferred.
Proficient in business writing skills, and ability to build relationships and consensus across departmental and/or company boundaries.
Strong Excel and financial systems skills (e.g., PowerPlan, Oracle, SAP).
Education & Experience
Bachelor's Degree in Finance, Accounting, Business, Engineering, or related field.
5+ years experience with program or project management which may include budgeting, requisitions and approvals, project control management, and/or performance reporting.
Preferred Qualifications
Utility program or project management experience preferred.
Proficient in business writing skills, and ability to build relationships and consensus across departmental and/or company boundaries.
Strong Excel and financial systems skills (e.g., PowerPlan, Oracle, SAP).
Responsibilities
• Coordinate development of business cases and investment proposals for submission and spend authorization approvals.
• Collaborate with Transmission Project Development, Project Management, Construction, and Engineering teams to ensure project budgets are aligned with scope and yearly cash flows.
• Analyze portfolio performance and recommend project adjustments for projects in development phase to meet overall portfolio targets.
• Review and identify projects in the portfolio for potential redundancy and efficiency opportunities.
• Support the documentation of project cost estimates for upcoming capital projects with an emphasis on expenditure types, project duration, and cashflows.
• Work closely with Supply Chain and other support organizations to develop, issue, and execute service contracts to support Project Development needs.
• Coordinate monthly departmental efforts to support capital forecasts, budget variances and accruals on all Projects in Project Development.
• In coordination with Budgeting and Accounting, utilize PowerPlan to early open projects to allow for long lead time material orders and preliminary engineering services.
• Complete financial breakdown of recently completed, large capital projects into “As Built” estimate sheets so they can be utilized in development future project estimates.
• Maintain compliance with internal controls, accounting standards, and audit requirements.
• Facilitate Transmission Accountability Meeting (TAM) by assisting and coordinating submittals with Transmission Project Managers.
• Performs other duties as assigned
• Complies with all policies and standards
Remote Work
The company reserves the right to determine if this position will be assigned to work on-site, remotely, or a combination of both. Assigned work location may change. In the case of remote work, physical presence in the office/on-site may be required to engage in face-to-face interaction and coordination of work among direct reports and co-workers.
Equal Employment Opportunity
Our company is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, protected veteran status, sexual orientation, gender identify, genetic information, disability status, or any other protected characteristic.