Manager, Thermal Asset Management

Invenergy, LLC; Chicago, Northern (IL, KY); Hybrid; USD 124,000 - 160,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k

Paid time off

Job summary

Invenergy LLC, headquartered in Chicago, seeks an experienced leader to oversee operations, finance, and commercial activities for large-scale power assets. You will coordinate with O&M teams, develop budgets, analyze performance, and support strategic contracting and market initiatives.

The role requires 8+ years in related fields, a engineering degree, and strong Excel skills. Travel may be required, and the position offers substantial bonus potential and comprehensive benefits.

Qualifications

• Bachelor's Degree in Engineering required.
• 8+ years in finance, accounting, FP&A, or related roles in energy/industrial sectors.
• Operational/engineering experience in thermal energy or adjacent sector.
• Proficiency with financial metrics (NPV, IRR, DCF) and Excel.

Responsibilities

• Coordinate with site-based and corporate O&M staff to optimize asset performance.
• Develop budgets, perform variance analyses, and support pro-forma financial models for generation assets.
• Assist in cash flow forecasting and market strategy development.
• Lead contract development and negotiations with vendors and commercial counterparts.

Skills

Analytical thinking

Problem-solving

Willing to travel

Education

Bachelor's Degree in Engineering

Master’s Degree in Business, Economics, Finance, or Engineering

Tools

Microsoft Excel

Job description

Invenergy is North America’s largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future. 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.

Position Overview

Responsibilities

• Operations: Coordinate with site-based and corporate O&M staff to optimize thermal asset performance, including major component repair and optimization of maintenance planning Evaluate and improve operational performance, including output, efficiency, and reliability, alongside engineering teams Participate in contract development with outside vendors, from soliciting quotes to supporting final contract negotiation Lead dispute negotiations if they arise with contractual counterparts
• Finance: Develop annual budgets and perform periodic variance analyses for financial metrics such as EBITDA, distributions, etc. Provide input and review of the pro-forma financial models for generation assets Develop reports on generation asset performance for investors and lenders Assist in cash flow forecasting and management Perform financial analyses of aftermarket improvements, including profits, losses, and associated risks Develop other ad-hoc analyses as needed, coordinating with Accounting, Finance, Tax, etc.
• Commercial: Provide input on optimizing the bidding and scheduling of assets in the market Support development and review commercial contracts and bids Collaborate with Commercial team on near-term and long-term power market strategy
• Regulatory and compliance: Ensure compliance with the regulatory requirements and project agreements, including Power Purchase Agreements, Operating Agreements, Credit Agreements, and Operations and Maintenance Agreements

Required Skills

• Bachelor's Degree in Engineering
• 8+ years of experience in a similar function and industry, including but not limited to finance, accounting, FP&A, commercial management, project management, and consulting in industries such as energy, utilities, construction, manufacturing and real estate
• Operational and/or engineering experience in thermal or an adjacent energy sector (cogeneration plants, gas turbines, steam turbines, etc.)
• Experience with standard financial metrics and analyses (NPV, IRR, DCF models)
• Demonstrated proficiency in 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 Skills

• Strong analytical, logical, and problem-solving skills
• Master’s Degree in Business, Economics, Finance, or Engineering

Base Pay

Base Pay $124,000.00 - $160,000.00 USD Annual Bonus: 25% - 40%

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401k
• Paid time off

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.

Invenergy is North America’s largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.