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Associate, Renewables Asset Management

Invenergy LLC

Riverside, Chicago (CA, IL)

On-site

USD 90,000 - 105,000

Full time

25 days ago

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Job summary

An established industry player is seeking an Associate in Renewables Asset Management to maximize profitability of renewable assets. This dynamic role involves financial analysis, budget development, and collaboration with engineering teams to improve operational performance. The ideal candidate will possess a quantitative degree and relevant experience in finance, with strong skills in Excel. Join a forward-thinking company dedicated to creating a cleaner energy future while enjoying a competitive salary and comprehensive benefits package. If you are passionate about energy and finance, this opportunity is perfect for you.

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
401k
Paid Time Off

Qualifications

  • 3+ years of relevant experience in finance or asset management.
  • Proficiency in Microsoft Excel is required.

Responsibilities

  • Assist in developing annual budgets and perform financial analyses.
  • Collaborate with operations engineering to enhance performance.
  • Ensure compliance with regulatory requirements and agreements.

Skills

Financial Analysis
Budget Development
Contract Negotiation
Operational Performance Improvement
Microsoft Excel

Education

Bachelor's degree in quantitative discipline

Job description

Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.

This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.

Job Description

Position Overview: The Associate, Renewables Asset Management will assist with a wide range of activities all directed toward the same goal: maximizing the profitability of Invenergy’s operating renewable assets.

Finance:

  • Assist in developing annual budgets for the projects and perform periodic variance analyses
  • Provide input and review of the pro-forma financial models for generation assets
  • Author reports on project performance for investors and lenders
  • Assist in cash flow forecasting and management
  • Perform financial analyses of aftermarket improvements
  • Develop other ad-hoc analyses as needed

Operations:

  • Collaborate with the operations engineering team to evaluate and improve operational performance
  • Coordinate with project O&M staff on other operational items, including major component repair and replacement
  • Participate in contract development with outside vendors, from soliciting quotes to participating in final contract negotiation

Regulatory and Compliance:

  • Ensure compliance with regulatory requirements and project agreements including:
  • Power Purchase Agreements
  • Operating Agreements
  • Credit Agreements
  • Operations and Maintenance Agreements

Required Qualifications:

  • Bachelor's degree in quantitative discipline with coursework in Finance or Accounting
  • At least 3 years of relevant work experience required.
  • Proficiency with Microsoft Excel
  • Some travel required
  • Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Preferred Qualifications:

  • Experience writing, negotiating, and managing contracts
  • Experience in the energy industry

Base Pay:

$90,000.00 - $105,000.00 USD Annual
Bonus: 20% - 30%

The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.

Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.

Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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