Join our Talent Network
Talent Network
Skip to main content

Corporate Development Specialist

Location: Rapid City, SD, United States
Job ID: 34053
Date Posted: Mar 30, 2022
Salary: $84050 to $126100 annually

Job Description

Job Specifications

The Corporate Development Specialist is responsible for leading due diligence efforts from start to finish to determine project viability and assist in the achievement of critical growth objectives. This includes financial modeling, sensitivity analysis, risk assessments, contract development, and consultation of discussion opportunities and risks.  This position will also be accountable for monitoring and researching industry trends, regulatory constructs and relevant dockets, new technologies and identifying potential business growth opportunities for the company. 

SALARY RANGE: $84,050 - $126,100 (Determined by the knowledge, skills and abilities of the applicant.)

REPORTING RELATIONSHIP:    Director of Growth & Strategy    

LOCATION:    Our Corporate Headquarters in Rapid City, South Dakota.

  • A comprehensive relocation package is offered for this position! Details about this package will be shared during the interview and offer process.

ESSENTIAL JOB FUNCTIONS:

  • Lead cross-functional teams in the assessment and due diligence of new projects, potential investments or acquisitions. 
  • Responsible for performing the financial modeling and analysis on potential capital investments, case development, feasibility models, valuations and scenario analysis for the electric and gas utilities, coal mining, and independent power production.
  • Identify and pursue growth opportunities. Perform analytical evaluations related to due diligence and develop business plans for new projects, partnerships, and business ventures. 
  • Develop proposed regulatory solutions for new opportunities and vet solutions with regulatory team partners.
  • Accountable for presenting elaborate data analysis and projects to BHE Board of Directors, senior leadership, customers, and other external parties as requested.
  • Conduct post-project economic analysis on major BHE initiatives to ensure that economic and strategic objectives are achieved.
  • Support the business development department with feasibility analysis, by-pass risks, contract discussions, and development of business development tariff offerings. 
  • Develop analytical and technical capabilities and expertise in areas including renewable natural gas, electric vehicles, distributed generation, renewable energy, energy storage, regulatory and policy issues.

ADDITIONAL RESPONSIBILITIES:

  • Maintain and foster strong relationships across the company to advance effective communication and coordination as well as identify potential issues and risks.
  • Handle special projects as assigned by growth team Directors.
  • Researches and analyzes technical feasibility, potential markets, competitive landscapes, risk factors, business partners, and customers of new business opportunities, products, and services, for both electric and gas. 

QUALIFICATIONS:

  • Minimum of (6) six years of experience in corporate development, finance, accounting, investment banking, or engineering required.
  • Bachelor’s degree in a relevant field, such as Business, Accounting, Finance, Engineering, or equivalent experience required.

KNOWLEDGE/SKILLS/ABILITIES:

  • Experience with contract negotiations, risk assessment, and due diligence related to new business ventures. 
  • Experience with financial metrics including return on investment calculations, forecasting techniques, result interpretation and cost-benefit analysis applied to complex situations involving multiple scenarios.
  • In-depth knowledge of regulatory processes, rate-making principles, and innovative tariff design in the energy or utility industry.
  • Knowledge of FERC and GAAP accounting principles, IRS tax issues and how to apply the principles as they pertain to corporate development and business development activities.
  • Working understanding of utility operations.
  • Strong organizational skills with the ability to handle competing target dates and priorities effectively within a fast-paced environment.
  • Exercise good business judgment in interrelated business issues, with the ability to think globally in relation to the financial execution of the company strategic plan. 
  • Excellent verbal and written communication skills with the capability to communicate difficult topics to various levels of financial and non-financial personnel.
  • Strong quantitative and analytical skills, and capability to perform sophisticated analysis.
  • Ability to demonstrate initiative and to work independently as well as with a team.

MENTAL/PHYSICAL DESCRIPTIONSAND WORKING CONDITIONS:
The mental and physical descriptions are representative of the activities an employee in an office job performs. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Mental description: Understand, remember, apply oral and/or written instructions or other information, and communicate routine factual information. Apply common sense in performing job functions, usually within a set of rules or guidelines. 

While performing the duties of this job, the employee continuously accesses, inputs, and retrieves electronic information and communicates regarding the information. Employee frequently moves about the office space. Employee must be able to operate routine office equipment including computers and similar equipment. Must be able to routinely perform this work for an average of 6-8 hours per day and occasional extended hours as necessary. Must be capable of regular, reliable, and timely attendance.

Specific lifting abilities required by this job include: Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or continuously to lift, carry, push, pull or sitting most of the time. Jobs are sedentary if moving about is only occasionally and all other sedentary criteria are met.

Work environment: Routinely perform work indoors in climate-controlled shared work area with moderate noise level. Willing to travel occasionally (less than 10 days per year) by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities.

This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply.


About our Company: We are a customer, growth and safety focused utility company that is dedicated to our communities. We improve life with energy as an energy partner of choice. Our diverse culture fuels unique perspectives, opening doors to new insights and possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3 million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas).

Enjoy our Comprehensive Benefits Package!  Annual incentive program, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, paid time off, additional Veteran PTO, paid holidays and annual floating holidays, company paid short term and long term disability, paid maternity and paternity benefits, health and wellness program, and competitive medical, dental and vision insurance.

Candidates must successfully pass a pre-employment drug screen and background check. 

Black Hills Energy does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

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, age, or status as a protected veteran.

Wage: 84050 to 126100
Share: mail

Thinking of Relocating?

Rapid City, South Dakota
You'll find that it is the ideal community to live, work and do business in. With hiking trails, the Black Hills, Mount Rushmore and Badlands National Park in your backyard, there are endless opportunities to enjoy nature.

Corporate Development Specialist

Rapid City, SD, United States