Investment Director

POWER YOUR GREATNESS

PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability, inclusion and belonging.

General Purpose

Direct Investment Delivery with accountability for capital plan performance, financial outcomes, and execution of the capital portfolio. Responsible for planning, forecasting, tracking, and managing the capital business plan, including unit cost performance, trend analysis, and plan-to-actual results, to ensure delivery within approved financial targets and alignment with long-term plan assumptions.

Responsibilities

• Direct development and execution of the capital investment plan to meet financial and operational objectives.
• Own plan-to-actual performance, including identification of variances, cost drivers, and required corrective actions.
• Direct Investment Delivery department to ensure delivery of Pacific Power’s current, annual capital budget.
• Establish and manage performance measures for unit costs, capital productivity, and overall portfolio results.
• Develop and maintain forecasting processes that reflect current performance, historical trends, and expected workload.
• Differentiate and manage forecasts between known-scope work and emergent work, ensuring appropriate assumptions, risk factors, and contingency levels are incorporated.
• Direct development and application of unit cost models, including benchmarking and performance tracking across programs.
• Perform and communicate trend analysis on capital spend, workload, and delivery performance to identify issues and inform decisions.
• Direct execution of the capital program to meet scope, schedule, and budget commitments.
• Evaluate impacts of scope changes, resource constraints, and external factors, and implement actions to address financial and operational risks.
• Coordinate with planning, operations, and finance functions to ensure alignment of expectations, priorities, and outcomes.
• Provide clear and timely reporting to senior leadership on financial performance, risks, and required actions.
• Support system investment and customer-driven work with a focus on cost management and disciplined execution.

Requirements

• Bachelor’s Degree in Business, Finance, Economics, Operations, or related field; or equivalent experience.
• Ten or more years of experience in capital programs, operations, or financial planning, preferably in a regulated or asset-intensive environment.
• A minimum of five years experience in people management.
• Experience managing capital plans, budgets, forecasts, and financial performance.
• Demonstrated capability in variance analysis, cost control, and performance reporting.
• Strong analytical skills, including unit cost evaluation and trend analysis.
• Experience developing and managing forecasting approaches that address both defined work and variable workload drivers.
• Ability to translate operational performance into clear financial implications and decisions.
• Effective communication and leadership skills, with the ability to align stakeholders and drive results.
• Leadership and teamwork skills to negotiate with and influence peers and management on policy and strategic issues.
• Management skills including the ability to establish objectives, develop and execute policy, direct and monitor resources, and recommend and oversee development or implementation of systems, programs, or processes.

Preferences

• Master of Business Administration (MBA) or advanced degree in Finance, Business, or related field.
• Experience in a regulated utility environment, including familiarity with capital governance and cost recovery.
• Knowledge of capital portfolio management, financial controls, and reporting practices.
• Experience with financial systems, analytics tools, or reporting platforms.

Benefits

At PacifiCorp, we understand that living a healthy lifestyle isn’t just about your physical health — your mental, financial, and social wellbeing also play an important role. That’s why we offer a wide range of benefits designed to help you live a more balanced lifestyle.

Our benefits include:

• Medical, dental, and vision insurance
• 401k with match fixed contributions, including a Roth and saving option. For union employees, matching contributions vary by union. For nonunion, PacifiCorp makes a fixed contribution equal to 4% of your eligible pay each year for new hires. In addition, PacifiCorp matches 100% of the first 6% you contribute.
• Life insurance
• Additional voluntary benefits, including pet insurance
• Tuition Assistance
• Mass Transit Pass for employees in our Portland and Salt Lake City Offices.

Work Life Balance

• Generous Paid Time Off (PTO) - Time off varies by employee type (Union or Non-Union)
• Paid short-term disability leave and long-term disability insurance
• Paid Parental Leave
• Paid Bereavement Leave
• Employee Assistance Program supporting mental and emotional wellbeing

For more information, please visit:

Additional Information

Req Id: 115029
Company Code: PACIFICORP #PM25
Primary Location: SALT LAKE CITY 100% ONSITE
Department: Power Delivery
Schedule: FULL TIME
Personnel Subarea: Exempt

Hiring Range: 134,800 - 185,350

Employees must be able to perform the essential functions of the position with or without an accommodation.

PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.

Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.

Nearest Major Market: Salt Lake City
Career Segment: MBA, Power Systems, Manager, Investment, Management, Energy, Finance

Compensation details: 134800-185350 Yearly Salary

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