Director Gas Supply

About the role

New Jersey Natural Gas (NJNG), a subsidiary of New Jersey Resources, is seeking a Director Gas Supply to lead and manage NJNG Gas Supply group.

Responsibilities

• Lead, direct, and manage a gas supply team, including providing technical guidance, career development, and performance coaching.
• Develop and execute long-term and short-term gas supply strategies, including procurement, storage, and transportation.
• Negotiate and manage contracts with gas producers, marketers, and pipeline/storage operators.
• Maintain a thorough understanding of natural gas market structure, drivers, supply & demand, as well as price setting mechanisms.
• Oversee the preparation and execution of annual BGSS rate filings, including testimony, schedules, exhibits and work papers.
• Ensure design day study is completed each year and adequate supply secured to meet peak day demand.
• Build and maintain relationships, trust and credibility with the BPU and Rate Counsel staff, including their independent consultants.
• Serve as the primary gas supply representative for the utility with regulators and industry associations. This includes presenting the Company's positions, testifying at hearings, and negotiating outcomes.
• Accountable for and manage the preparation and accurate completion of discovery requests in annual BGSS proceedings, management audit or other proceedings involving gas supply.
• Monitor FERC, NAESB, and other proceedings that impact the costs or quality of service provided to NJNG’s customers.
• Attend and participate in NJNG Risk Management Committee meetings.
• Must adhere to Risk Management Guidelines, Company Code of Conduct, all relevant Pipeline/FERC/BPU rules.
• Ensure that appropriate policies, procedures and analysis for NJNG Gas Supply are being updated and adhered to.

Requirements

• Bachelor’s degree in finance, accounting, economics, business, or related field is required, master’s or graduate degree preferred.
• 10+ years of natural gas trading experience, ideally within a regulated utility environment.
• Knowledge of natural gas industry processes, with a focus on energy trading, asset optimization and utility operations such as front and middle office (e.g. trading, pricing, risk analysis), back-office operations, regulatory/compliance, accounting/financial.
• Knowledge and understanding of regional pipeline/storage infrastructure and respective supply and demand composition and working relationships with key participants (producers/pipelines/utilities/end users/traders).
• Exceptional written and oral communication skills are necessary for effective stakeholder engagement, preparing regulatory filings, and delivering testimony.
• Ability to be persuasive and collaborate effectively with diverse internal and external stakeholders, from team members to regulatory staff, is key to influencing decisions and outcomes.
• Experience in managing and coaching direct reports and establishing career development plans by identifying development goals, milestones, and measures.
• Strong negotiation skills to drive favorable outcomes with internal and external stakeholders.
• Knowledge of the regulated and deregulated natural gas industry, including market dynamics and compliance requirements.
• Exceptional problem-solving abilities, with a track record of identifying issues and implementing effective solutions under pressure.
• Travel requirement 20%.

Benefits

• New Jersey Resources offers a comprehensive benefits package including medical coverage, wellness perks, professional development, and tuition reimbursement.
• The company also provides a 401(k) plan with a generous company match and an Employee Stock Purchase Program.
• Employees can take advantage of vacation and company-paid holidays, as well as flexible work arrangements.
• The company is committed to supporting employee wellbeing through an Employee Assistance Program and various wellness initiatives.

Pay

Expected base pay range for this role will be $147,500 to $206,500. Base pay is based on several factors including, experience, skills, and knowledge. This role will be eligible to participate in an annual short term incentive program.

Schedule

The position is available on a Hybrid schedule.