Corporate Finance Associate

RWE

Chicago (IL)

On-site

USD 74,000 - 90,000

Full time

4 days ago
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Benefits offered by this job

Medical insurance
Dental insurance
Vision insurance
Life Insurance
Short-Term Disability
Long-Term Disability
401(k) match
Flexible Spending Accounts
Parental Leave
Paid time off
Holidays

Job summary

RWE Americas, LLC is hiring for a Corporate Finance Associate in Illinois. The role focuses on collateral management within treasury operations, with secondary duties in cash management and banking.

You will partner with senior team members and interact across departments to ensure effective processes and reporting. The ideal candidate has a finance or accounting degree, up to 1 year of treasury experience, and familiarity with TMS and MS Office.

Qualifications

  • Bachelor's or higher degree in Finance, Accounting, or related field with a strong academic record required.
  • Minimum 1 year of experience in a large operating company or bank, preferably in treasury operations or related field.
  • Experience with TMS.
  • Proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams.
  • Educational or professional background in energy business can be helpful.

Responsibilities

  • Collateral Management (primary): support issuance and management of collateral; run reports and process related invoices.
  • Cash & Liquidity Management (secondary): assist liquidity forecasting and daily payment processing.
  • Banking Management (secondary): manage new bank accounts and banking operations.
  • Collaborate cross-functionally and communicate with diverse stakeholders.

Skills

Strong organization skills
Independent worker, team player
Self-starter, goal-oriented
Clear communicator
Problem-solving abilities
Empathy and relationship building

Education

Bachelor's or higher degree in Finance/Accounting

Tools

TMS
Microsoft Office
Teams

Job description

RWE Americas, LLC

To start as soon as possible, full time, permanent

Functional area: Finance / Controlling

Remuneration: Exempt

The Corporate Finance Team within RWE Americas, LLC (RWEA) provides treasury operations across all operating businesses in the Americas, technologies, and policies. The key team activities include cash and liquidity management, bank account management, and collateral management.

The ideal candidate will have an understanding of treasury functions and strict attention to detail. Partnering with more senior team members, the Corporate Finance Associate will learn the details of RWEA’s processes and is expected to take on collateral issuing, management, and reporting obligations as well as collateral issuance/tracking. In addition, backing up other Corporate Finance processes may be necessary, however this role primarily focuses on collateral management. The role requires regular interaction with various other departments within the company to ensure effective functioning of the business.

Role Responsibilities
Collateral Management (primary)
  • Support operational execution of bank guarantee issuance (letters of credit, bonds) in coordination with business owners, parent company, and banks
  • Ensure acceptability of language/terms to RWE and banks
  • Enforce process discipline and controls on the business
  • Build effective relationships with banking partner staff and develop mutual trust
  • Run (and potentially build) relevant reports for the Corporate Finance team based on team-managed and system (e. g. Guarantee Management System or SAP) data
  • Process collateral related invoices utilizing internal ERP system and payment procedures
  • Identify process improvement opportunities in all areas of responsibility
Cash & Liquidity Management (secondary)
  • Assist with the regular liquidity forecasting process and data management, e.g. preparational work on raw data
  • Regularly review cash balances and zero balance account functionality to ensure against overdrafts
  • Assist daily payment processing across all payment types, e.g. ACH, Wire, & Check
Banking Management (secondary)
  • Manage opening of new bank accounts and adherence to internal entity cash flow structure
  • Support day-to-day management of banking operations and interface with our partner banks
  • Maintain internal database of bank account authorized signers and execution of change requests.
Job Requirements and Experience
  • Bachelor's or higher degree in Finance, Accounting, or related field with a strong academic record required
  • Minimum 1 year ofexperience in a large operating company or bank, preferably in treasury operations or related field
  • Experience with TMS
  • Proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
  • Educational or professional background in energy business can be helpful
  • Demonstrated desire to learn about RWE and the renewables space
  • Customer service mindset and ability to communicate clearly to people without subject matter expertise
  • Strong organization skills and ability to coordinate multiple tasks and deliverables
  • Ability to work both independently on tasks and collaborate with the team on cross-functional projects
  • Motivated self-starter, goal-oriented, and strong problem-solving abilities
  • Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
  • Eagerness to learn, grow, and shape the role to best help the business
  • Commitment to understanding the finer points of collateral and Corporate Finance

Applicants must be legally authorized to work in the United States. RWE Americasis unable to sponsor or take over sponsorship of employment visas at this time.

Pay range

The annual base salary range for this position in Illinois is $74,000 - $90,000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s education & work experience, training & certifications, and key skills as well as market and business considerations at the time of the offer.

Benefits Offered

Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.

We look forward to meeting you. Of course, you can find us on LinkedIn, Instagram, Facebook, YouTube and Xing, too.

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

RWE Americas, a subsidiary of RWE, is a US-based energy company that is helping to meet the growing demand for energy across the United States. Backed by RWE’s 125-year global legacy of managing diverse power assets, RWE Americas operates approximately 13 GW of power projects across 27 states.With a talented workforce of 2,000 employees, RWE Americas develops, constructs and operateswind, solar and battery storage projects, along with natural gas-powered generation, that safely deliver affordable, reliable electricity to our customers. Committed to responsible development, RWE Americas invests in local and rural communities, creating jobs and partnering with stakeholders to support and strengthen the places where we live and work. Learn more about how RWE Americas is generating impact at americas.rwe.com.

At RWE Americas, we foster a culture defined by our Essential Behaviors - Have Courage, Create Impact and Actively Collaborate. We encourage bold thinking and continuous learning, and we value ownership, resilience and inclusion in everything we do. When you join us, you become part of a team that supports your development, respects your contributions and celebrates shared success. This is a place where you can grow your career and make a meaningful difference.

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