Senior Treasury Analyst - Capital Markets

Black Hills Energy is people powered and purpose driven. Our team uses the power of energy to improve life for over one million customers in 800+ communities across the West and Midwest. We seek talented, caring people who embody our core values and contribute to a culture of inclusion and growth. As an organization, we believe the best part of working on our team is our commitment to making tomorrow better than today—for our customers, communities and each other. Position Summary Supports the execution of capital markets activities, including debt and equity financing, liquidity management, and related financial reporting. Develops financial models, forecasts, and analyses to inform funding strategies and capital structure decisions. Partners cross-functionally with internal stakeholders and external parties, including banks, rating agencies, and regulators. Ensure accurate reporting, compliance, and effective communication of Treasury-related financial information. Pay Range: $86,700 - $130,050 (This posting includes the full pay range for this position. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, experience, and internal equity). Reporting Relationship: Senior Finance Manager Location: Rapid City, South Dakota Be part of a supportive organization that values work-life balance! Enjoy a flexible work schedule with the ability to work from home up to two days a week. Please note, this benefit is subject to change based on company policies and leadership discretion. Essential Functions Execute daily capital markets activities, including commercial paper issuances, equity financing and long-term debt financing; collaborate with leadership to inform short and long-term funding strategies. Develop and maintain advanced financial models for capital structure scenario analysis to support financing decisions, optimizing leverage, liquidity, and cost of capital. Develop and recommend five-year planning assumptions for capital structure, financing strategy, and capitalization, using analysis and market insights to support long-term funding and investment decisions. Analyze debt agreements and financing structures; prepare and validate covenant calculations, compliance certificates, and related documentation. Prepare accounting entries and reconciliations for debt, derivatives, and interest; process and code interest payments, trustee fees and other capital market invoices.; support monthly, quarterly, and annual close processes, ensuring deliverables are completed accurately and in compliance with GAAP and internal policies. Support preparation and review of Treasury-related disclosures for SEC filings (10-Q, 10-K) and other external reporting requirements. Provide support for regulatory filings by drafting testimony, responding to data requests, and conducting research to support capital market positions while coordinating with multi-state regulatory, legal, and finance teams. Ensure adherence to internal controls, including Sarbanes-Oxley requirements; identify and mitigate financial and operational risks. Drive continuous improvement initiatives by identifying process enhancements, leveraging technology, and improving reporting efficiency and accuracy. Additional Responsibilities Monitor and analyze market trends, interest rates, and industry developments; summarize implications for Treasury strategy. Provide cross-functional and Treasury team support as needed. Lead or contribute to strategic and ad hoc projects What Is Required Bachelor's degree in Finance, Accounting, Economics, or a related field. Minimum of 5 years of relevant experience in treasury/corporate finance, financial planning & analysis (FP&A), capital markets/banking, regulated utility/energy finance or accounting and financial reporting. What Is Desired Demonstrates a strong understanding of how operational and financing decisions impact financial statements, rate-making models, and reporting requirements (GAAP, FERC, SEC), including internal controls and risk considerations. Effectively gathers, analyzes, and models financial data to validate results, identify key drivers, and clearly communicate implications to support informed decision-making across the organization. Communicates complex financial concepts clearly and concisely, tailoring messaging to different audiences while influencing outcomes and building alignment with internal stakeholders. Utilizes data tools (e.g., Excel, Freeform, financial systems) and system integrations to efficiently organize, analyze, and interpret data while improving reporting quality and transparency. Identifies issues, evaluates alternatives, and implements solutions with an understanding of cross-functional impacts. Actively seeks opportunities to improve processes, accuracy, and efficiency. Applies knowledge of the energy/utility sector and regulatory environment to financial analysis and planning, ensuring work aligns with regulatory frameworks and business strategy. Builds strong, trust-based relationships and collaborates effectively across functions to deliver high-quality outcomes aligned with organizational goals. Responds effectively to changing business conditions, demonstrates resilience, and continuously develops skills and knowledge to remain effective in a dynamic environment. This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the agreement will apply. About our Company: We are a customer, growth and safety focused utility company that is dedicated to our communities. We improve life with energy as an energy partner of choice. Our diverse culture fuels unique perspectives, opening doors to new insights and possibilities. Based in Rapid City, South Dakota, we have over 3000 employees and serve 1.3 million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas). Enjoy our Comprehensive Benefits Package! Annual discretionary bonuses, 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, generous paid time off benefits, including paid holidays and parental leave, company paid life insurance and disability benefits (short and long term), critical illness, accident & group hospital insurance, pet insurance, an employee assistance program and well-being benefits, and competitive medical, dental and vision insurance. Candidates must successfully pass a pre-employment drug screen and background check. Black Hills Energy does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or status as a protected veteran. If you require reasonable accommodation, please visit careers.blackhillsenergy.com for more information. #J-18808-Ljbffr Black Hills Energy