Program Lead – Fuel Oil Supply & Optimization Strategy
Position Summary
This dynamic position has dual responsibilities. In addition to leading the fuel oil program, responsibilities include participating on the natural gas financial hedging team. As the fuel oil program lead, this position is responsible for supplying fuel to the Southern Company oil-fired fleet, currently representing approximately 10,000 MWs of generating capacity.
Responsibilities
Develop and implement fuel oil supply strategies for approximately 10,000 MWs of fuel oil generating capacity across Southern Company’s system
Understand inventory and supply limitations for each facility
Issue annual request for proposals, evaluate bids and award business
Negotiate and implement fuel oil supply contracts, managing all commercial aspects
Seek opportunities to diversify the supply portfolio to enhance system resilience
Ensure timely replenishment of supply after a burn event
Regularly monitor fuel oil inventory levels and communicate accordingly
Execute risk mitigation plans for emergencies or supply disruptions to ensure uninterrupted fuel supply during critical situations
Communicate closely with plant personnel and fleet operations at all times, especially in emergency weather conditions, optimizing supply for the system versus a single facility and providing guidance around unit availability and operation
Build and maintain an understanding of oil markets, trends, pricing, and supply/demand factors
Proactively seek out and evaluate alternative fuel sources
Provide OPCO support in regulatory filings, energy budget development, and new generation evaluations
Support the physical natural gas supply through backup scheduling as needed as well as marginal gas and oil pricing development for economic dispatch
Participate on the natural gas financial hedging team
Execute hedge transactions considering market dynamics, limits in strategies, and existing hedge portfolios
Prepare and distribute standard market reports
Prepare and present customized commodity market update presentations for various audiences
Prepare and present hedge strategies for all regulated opcos
Qualifications
Bachelor's degree in Engineering, Business, Accounting or equivalent field is required
Experience & Abilities: Comfort with detailed work in a fast-paced, time-sensitive environment; Effective written and oral communication skills; Ability to think critically, strategically, and analytically; Adept at identifying challenges, developing solutions, and implementing strategies to address operational issues or emergencies; Ability to develop and maintain strong working relationships; Must be a team player capable of multi-tasking; Able to adjust to dynamic situations and make prompt, decisive choices; Industry experience is a plus, but not required; Proficiency with standard analytical and business software such as Microsoft Office is required
Behavioral Attributes
Must consistently demonstrate the behavior of Our Values – Safety First, Unquestionable Trust, Superior Performance, and Total Commitment
Must think strategically, display customer focus, and communicate effectively
Must be able to work in a team environment with diverse disciplines and backgrounds
Must be able to make decisions confidently and quickly, understanding all the inputs and taking ownership of the outcome
Benefits
To review a list of the many offerings we have, please review this link.
About Southern Company
Southern Company (NYSE: SO ) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy solutions provider with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. To learn more, visit www.southerncompany.com.
Pay
A summary of the benefits offered for this position can be found here. Additional and specific details about total compensation and benefits will also be provided during the hiring process.
Schedule
Full time