Vice President, Risk and Compliance

Position Overview

We are seeking an experienced and strategic Vice President, Risk and Compliance to lead the Company’s internal audit and risk assurance function. This executive will be responsible for developing and executing a risk-based internal audit strategy across the Company’s corporate, power generation, development, and construction operations.

The Vice President, Risk and Compliance will provide independent assurance over the effectiveness of the Company’s internal controls, financial reporting processes, governance, risk management, regulatory compliance, information technology, and operational controls. The role will also provide leadership and oversight of the Company’s Sarbanes-Oxley (“SOX”) and internal control over financial reporting (“ICFR”) program, including coordination with the Company’s independent registered public accounting firm and reporting to executive management and the Audit Committee.

This position requires a combination of strong public-company financial reporting and internal-control expertise with the ability to understand the operational and financial risks associated with a capital-intensive power generation business.

The Vice President, Risk and Compliance will functionally report to the Audit Committee of the Board of Directors and maintain direct and unrestricted access to the Audit Committee.

Leadership Profile

The ideal candidate will be a pragmatic, business-oriented audit leader who combines technical depth with strong executive presence. The successful candidate will be comfortable operating in a complex and rapidly evolving organization and will have the judgment to distinguish matters requiring Audit Committee attention from routine process improvement opportunities.

This individual must be capable of challenging management constructively, maintaining appropriate professional skepticism, and developing productive relationships across Accounting, Finance, Operations, Development, Construction, Information Technology, Legal, and executive leadership.

Key Responsibilities

Internal Audit & Governance

• Develop and execute the Company’s annual and multi-year risk-based internal audit plan.
• Perform enterprise-wide risk assessments incorporating financial, operational, technology, construction, regulatory, compliance, and strategic risks.
• Lead financial, operational, compliance, technology, and project audits across the organization.
• Communicate significant audit findings, emerging risks, remediation status, and other matters to executive management and the Audit Committee.
• Maintain an Internal Audit Charter, audit methodology, quality standards, issue-rating framework, and remediation tracking process consistent with applicable professional standards.
• Maintain the independence and objectivity of the internal audit function while serving as a trusted advisor to senior leadership.

SOX & Internal Control Over Financial Reporting

• Provide leadership and oversight of the Company's SOX 404 and ICFR program.
• Oversee annual SOX scoping and financial reporting risk assessments.
• Evaluate the design and operating effectiveness of key controls, including entity-level controls, management review controls, automated controls, and IT general controls (“ITGCs”).
• Oversee documentation, walkthroughs, testing, deficiency evaluation, remediation, and remediation validation.
• Partner with Accounting, Finance, Information Technology, Legal, and Operations to ensure changes in the business are appropriately reflected in the Company’s internal-control environment.
• Support management's assessment of identified control deficiencies, including consideration of potential significant deficiencies and material weaknesses.
• Coordinate with the Company's independent registered public accounting firm regarding SOX scope, testing, control deficiencies, remediation, and the integrated audit.

Operational Audits

• Establish appropriate internal audit coverage over significant areas of the Company including:
• development and construction projects cost overruns,
• unauthorized commitments,
• inappropriate capitalization,
• power plant operations, availability, and reliability,
• planned and unplanned outages, and
• maintenance and major maintenance expenditures.

Information Technology & Cybersecurity

• Oversee internal audit coverage of ITGCs, automated controls, system interfaces, data integrity, user access, privileged access, change management, and computer operations.
• Evaluate cybersecurity governance, third-party technology risks, incident response, and business continuity.
• Assess internal-control risks associated with ERP implementations, system conversions, and other significant technology initiatives.
• Coordinate with Information Technology and cybersecurity leadership regarding risks affecting financial systems, generation operations, and critical infrastructure.

Fraud, Ethics & Enterprise Risk

• Lead or support fraud risk assessments and investigations involving suspected financial misconduct, conflicts of interest, control circumvention, or policy violations.
• Evaluate risks associated with management override, procurement, vendors, construction activities, related parties, and significant or unusual transactions.
• Coordinate with Legal, Human Resources, Compliance, and outside specialists as appropriate.
• Support Audit Committee oversight of whistleblower matters involving accounting, auditing, financial reporting, or internal-control concerns.

Required Qualifications

• Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
• Minimum of 12 years of progressively responsible experience in internal audit, public accounting, SOX, accounting, financial reporting, risk management, or related disciplines.
• CPA and/or CIA certification.
• Significant experience in a public-company or SEC registrant environment.
• Demonstrated experience with SOX 404 and ICFR, including risk assessment, control design, testing, deficiency evaluation, and remediation.
• Leadership experience managing internal audit, SOX, financial reporting, risk, or comparable assurance functions.
• Strong executive communication, analytical, project-management, and leadership skills.
• Ability and willingness to travel to generation facilities, construction sites, and other Company locations as required.

Preferred Qualifications

• Experience with a large public accounting firm.
• Experience within the power generation, utilities, energy, infrastructure, or other capital-intensive industries.
• Experience auditing major construction projects, EPC arrangements, procurement, and capital expenditure programs.
• Knowledge of power generation operations, energy markets, PPAs, energy settlements, and related commercial arrangements.