Director of Treasury & Assistant Treasurer

Date: Feb 26, 2025

Location: PHOENIX, AZ, US, 85004-3903

Company: APS

Our present and future success depends on the creative and dedicated people of our company who demonstrate the principles outlined in the APS Promise: Design for Tomorrow, Empower Each Other and Succeed Together.

Summary

Director of Treasury & Assistant Treasurer

We’re seeking a strategic leader to oversee Assistant Treasurer operations within our Treasury team. In this role, you will drive financial performance and strategic development, collaborating cross-functionally to enhance Treasury operations.

What Your Day Would Be Like:

You Are Responsible For:

The Kinds of People We Want to Talk To Have Done Many of the Following:

If you're a results-driven Treasury professional ready to lead financial strategy and transactional execution, we’d love to hear from you!

Minimum Requirements

Director of Treasury & Assistant Treasurer

1) Oversee the Corporate & Strategic Finance, Treasury Operations, and Pension and Trust Managment functions within Treasury. Establish the overall administrative and operating standards, including setting goals and objectives and directing workflow procedures. Identify, develop and implement strategic solutions that optimize team performance, encourage organizational resiliency and career development, and promote process improvement.

2) Oversee the evaluation of capital structure strategies and initiatives and make recommendations with respect to short- and long-term capital funding, liability management, and leasing arrangements. Work closely with Treasurer on design and execution of all equity and debt capital raising.

3) Develop, maintain, and apply knowledge of financial, credit and equity market trends, pricing and risks, and their specific application to the regulated utility business model.

4) Oversee performance of monthly and daily cash flow forecasting, short-term funding and short-term investing, and management of corporate liquidity. Collaborate and align with Financial Planning team on monthly forecasting process.

5) Develop and maintain effective relationships with group of lending banking institutions and support negotiation of bank credit facilities.

6) Manage corporate debt portfolio, including overseeing covenant compliance reporting and regulatory reporting requirements.

7) Direct analysis with respect to credit ratings, metrics, and other rating agency methodologies. Act as company liaison with the rating agencies.

8) Oversee the day-to-day pension and trust management and the administration of funds, develop and evaluate pension policies and pension and benefits packages. review, discuss and implement fund strategy and structure with the company board, Investment Manage ament Committee and other advisers.

9) Ensure the development of a cooperative culture that supports team accomplishments and eliminates barriers for department/teams to promote effective and efficient performance and results. Be a trusted adviser to cross-functional business partners on corporate and strategic finance and treasury-related issues.

10) Develop and retain a highly skilled and high performing financial and analytical team through effective coaching, performance feedback, recognition, training and developmental opportunities

Export Compliance / EEO Statement

This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.

Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.

For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).

In compliance with the Drug Free Workplace Act of 1988, the Company is committed to a work environment that is free from the effects of alcohol and controlled substances, and free from the abuse or inappropriate use of prescribed and over-the-counter medications. The Company requires employees to be subject to drug and alcohol testing that is job-related and consistent with business necessity, regulatory requirements and applicable laws.

Hybrid Role:

Employees in hybrid roles will work both in their home offices and alongside their colleagues at an APS facility or other work location for meaningful in person engagement.

As of January 2025, hybrid-role employees will be asked to work about 40% of their time in person at an APS or other (non-home office) location.

Job Segment: Nuclear, Energy