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DTE Energy

Portfolio Manager

Career Insights for Investment Fund Manager

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What they do

An Investment Fund Manager plans, directs, or coordinates investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$152,350 / year median in Michigan

+8% projected growth

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Job Description

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.
Job Summary Location:
Detroit, MIThis position provides support to General Managers and Directors with respect to owner's interest in projects. Works toward maximizing revenue, profit and returns through knowledge of finance, contracts, operations, partnerships, insurance, markets, taxation, and accounting. Assists with the evaluation of potential acquisitions and development opportunities. May acquire in-depth knowledge of a specialized aspect of products or markets used to reduce risk or enhance financial returns. Develops and maintains relationships with customers and stakeholders. Key Accountabilities Financial Responsibility (P&L Management)Accumulate, measure, analyze, interpret, and report project information that is both useful and relevant to the internal and external stakeholders of the business unitExternal stakeholders are those who have a vested financial interest in the business unit or project company: banks (loans/leases), investors (potential partners, parent company), etc.

Internal stakeholders are the business unit director, project managers, operation and development managers, accounting, finance, etc.

Coordinate and develop communication channels while providing financial support to operational personnel and project sites to ensure effective collaboration and executionResponsibilities to include:

Develop financial forecasts and monitor financial performance against project pro forma, updated project forecasts and recommend corrective actions reducing or managing costsDetermine the fees or prices for goods and servicesAuthorize, modify, or discontinue a program or activityProject/Asset optimizationAct as primary contact with project lenders and their representatives such as trustee, independent engineer, and legal counselEstablish process for creating and tracking performance benchmarks in order to monitor management effectivenessCreate and implement systems for tracking risks and opportunities on a project-by-project basisEstablish best practices to streamline process of estimating future costs and evaluating future performanceGather and deliver information which will serve as useful feedback on project performanceIdentify and develop new business opportunities within existing customer relationships Site SupportMine key data for managers to plan and control products, services, and customersPlay a key role as part of decision-making teams, including contract negotiations supportAnalyzing data and current market trendsProviding guidance facilitating business unit to quickly make informed data driven business decisionsDevelop expert level understanding of business unit in order to preserve valuable resources (capital, time, human resources)Create and implement action plans to address risks and opportunities (hedging of commodity risk, maximizing value of third-party contracts, etc.)Inspect all projects and contracts to determine opportunities for optimization and increased efficiencySupport or lead negotiations to modify key project agreementsEvaluate insurance coverage for need and adequacy, optimize Customer ManagementUnderstand and anticipate the needs of current and potential customersEnhance two-way exchanges with customers to give business unit more intimate knowledge of needs, wants, and buying patternsCoordinate key players within the organization (customer facing, internal controls, operations, development) in order to best serve the customerImplement and integrate a commitment tracking system into business unit processes to ensure all project obligations and due dates are met Minimum Education & Experience Requirements Must possess a Bachelor's degree in business, accounting, finance, industrial technology, engineering or a relevant scienceAt least five years of experience in asset management, operations, or project development, or in an equivalent role within a construction, manufacturing, or service environment.
Other Qualifications Preferred:
Working knowledge of contract terms and conditions and the ability to administer complex contractsStrong communication skills with the ability to clearly and concisely communicate both verbally and in writing to internal and external audiencesProven ability to develop effective working relationshipsUnderstands the technology utilized by customers and how it relates to the commodities and services provided by DTE VantageKnowledge of the regulatory processes under which a facility operatesStrong organizational skills with the ability to meet deadlines and manage multiple simultaneous... For full info follow application link. DTE Energy is an equal opportunity employer and 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.