Job Description

Description

Be a part of something powerful at America's leading energy provider!

At Exelon, our people are the heart and soul of our business. Whether it's powering lives, supporting communities or collaborating with colleagues, an Exelon employee is talented, compassionate, forward-thinking and inspired. We are a Fortune 200 company united by our values and shared vision for a cleaner and brighter future. We encourage curiosity, value diverse perspectives and we never stop looking for ways to be, work and do better. We know the future is in our hands. That's why we're looking for people like you, who have the power to make a difference.

As the nation's largest utility company, we serve more than 10 million customers through six fully regulated transmission and distribution utilities -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). All 18,000 of us are committed to delivering safe, reliable and affordable energy to our customers, strengthening our communities, supporting a clean energy future and reducing our impact on the changing climate.

Our people are empowered to evolve and advance their careers in an open and inclusive environment. We pride ourselves on being the kind of place where people want to come, stay and grow -- whether that's in the role and path they start in or in new and exciting career opportunities across our business. We know that investing in our employees' futures strengthens ours, which is why we offer competitive compensation, incentives, opportunities for career path changes, and health and retirement benefits.

PRIMARY PURPOSE OF POSITION

Under direct supervision, assists the daily management of liquidity for Exelon's unregulated business (at CEG) ensuring success in determining daily cash requirements and executing short-term financing, leading to the maintenance of cash balances sufficient to meet corporate requirements while maximizing the use of proceeds. Also, assists in executing and implementing existing or new cash-related policies and procedures requiring an ability to continuously learn and apply cash management practices with particular attention directed to consistently adhering to SOX cash-related internal control requirements. Interfaces extensively with cash management in Illinois and operating company groups, corporate functional groups and external banks and firms providing treasury and investment services. Provides leadership and assistance in developing and implementing cash management strategies and employing best-in-class technologies.

PRIMARY DUTIES AND ACCOUNTABILITIES

• Assist in determining and reviewing daily cash position Exelon's unregulated business (at CEG). Gain understanding of routine cash inflows and outflows to determine funding requirements and assist with forecasting cash position. (35%)
• Maintain Treasury Workstation databases and related informational inbound and outbound feeds including bank file imports, debt information and general ledger exports. (15%)
• Perform and provide analysis and reporting on various cash management areas such as cash borrowing and investing, banks fees, budgets, forecasts, yields, etc. Provide ad-hoc support for operating unit data requests and quarterly reporting. Maintain Treasury Workstation databases and related informational inbound and outbound feeds including bank file imports, debt information and general ledger exports (10%)
• Execute electronic fund transfers and approve. (10%)
• Assist in executing short-term borrowing and investing transactions including the issuance and recording of commercial paper and the issuance of letters of credit and parent guarantees. (20%)
• Provide project support for efforts to develop and utilize new technologies, including assisting in the selection of new banking partners and updating of banking data residing in cash-related systems. (10%)

JOB SCOPE

• Position is based in Maryland and reports to the Supervisor, Cash Management (Maryland).
• Impacts the determination of the daily cash requirements for Exelon's subsidiaries through the maintenance of the Treasury Workstation and banking systems for bank account changes, user changes and interest payments/accruals. Prepares documentation to open and close accounts at financial institutions and establish authorized signers. Assists in the execution of short-term borrowing and investing transactions.
• This position requires a keen ability to administer SOX-compliant, cost effective business processes and systems.
• The position requires significant interaction with internal functional group outside of Corporate Treasury as well as a variety of external corporate and banking partners (e.g. Capital Markets, Cash Accounting, BSC Accounts Payable, Payroll and Supply, EED Payment Processing, internal and external Legal, Commercial Bankers, etc.)
• Assists in the Group's success in determining daily cash requirements and executing short-term financing requirements leading to the maintenance of cash balances sufficient to meet corporate requirements while maximizing the use of proceeds.

Qualifications

MINIMUM QUALIFICATIONS

• Minimum 2 years related experience including at least 1 year of financial experience.
• Undergraduate degree in Accounting, Finance or related degree.
• Strong communication skills: oral and presentations; communication will be with senior managers as well as cross functional (see purpose) and with various external parties

PREFERRED QUALIFICATIONS

• Prior cash management experience preferred.
• MBA, CCM or relevant degree or candidate preferred.