Strategy & Growth Development Specialist
Detroit, MI, US
DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.
But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences and values everyone’s health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.
Testing Required: Not Applicable
Hybrid Role: Must be able to come on-site periodically and reside a commutable distance from the assigned work location.
Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE’s emergency response to storms or other events that impact service to our customers.
Job Summary
Responsible to help develop the organization’s strategic and long-range goal planning and will be responsible for identifying new business opportunities and creating value in structuring development transactions, focuses on clean energy and emerging energy technology. Identifies and prioritizes growth opportunities and creates plan for implementation to senior leadership. Identifies, research, analyzes, and makes recommendations for any of the following: clean technology projects or investment opportunities and/or potential acquisitions and divestitures to support the organization's growth objective. Responsible for strategy and planning to align business operations with the company's mission and goals. Manages financial and commercial details of complex projects and/or transactions within a team-oriented environment in rapidly evolving markets.
Span of Control: 0, Individual Contributor.
Key Accountabilities
- Identifies new business opportunities to grow the portfolio.
- Identifies, screens, and evaluates strategic vendors and/or acquisition targets and conducts diligence to ensure reliability on targets.
- Maintains target customer group relationships through direct contact with the prospective customers, and active participation in industry trade association activities.
- Researches and analyzes industry and competitive trends to identify emerging opportunities and strategic areas of interest and benefits.
- Negotiates with counterparties to successfully structure transactions.
- Drives strategic initiatives and supports the development of long-term growth plans and profitability goals.
- Initiates or follows leads as provided for new businesses, services, and customer sector opportunities.
- Analyzes emerging industry trends, and recommends expansion opportunities, including mergers and acquisitions, competitive threats, viability of outside business partners, internal business performance and business process improvement.
- Monitors progress of consultants and suppliers; establishes reporting protocol and resolves any outstanding issues.
- Analyzes the value and the risks of major capital investments.
- Participates in project and development meetings and demonstrates a supporting role relative to new business concept issues and associated resolutions.
- Forecasts or assists with project performance using internal expertise, outside consulting firms, prospective customers, and equipment suppliers as needed.
- Oversees organizational reviews, communicating results to senior management, and developing strategies based on organizational reviews.
Minimum Education & Experience Requirements
This is a dual-track base requirement job; education and experience requirements can be satisfied through one of the following two options:
- Bachelor’s degree in business, finance, or engineering and 7 years of experience in business or finance, or experience focused on renewable energy and/or battery storage field; OR
- Master’s degree in business, finance, or engineering and 5 years of experience in business or finance, or experience focused on renewable energy and/or battery storage field.
Other Qualifications
Preferred:
- Master’s degree in business or finance
- Direct experience with mergers and acquisitions
- Possess strong quantitative skills
- Possess a broad range of financial, strategic, and commercial skills
- Capable of managing the details of complex issues or transactions
- Combination of analytical aptitude and understanding of strategic business issues
- Ability to work independently and in a fast-paced team environment
- Ability to identify value-creation opportunities
- Possess strong project management skills
- Excellent financial modeling skills and experienced in valuation methodologies
Other Requirements:
- Ability to work within a dynamic team-oriented environment
- Ability to understand and analyze complex business issues
- Ability to communicate results to senior management in a clear and logical manner
- A solid understanding of the energy industry and the challenges it is facing
- Excellent written and oral communication skills, strong presentation skills and the ability to analyze and communicate complex transactions to senior management
- Ability to take initiative
- Ability to handle multiple assignments
Additional Information
Incumbents may engage in all or some combination of the activities and accountabilities and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.
PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS
At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.
Nearest Major Market: Detroit