Senior Associate, Thermal Asset Management

Invenergy, LLC; Chicago (IL); Hybrid; USD 105,000 - 124,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401k

Paid time off

Job summary

Invenergy LLC in Chicago is seeking a Finance professional to develop budgets, review pro-forma models, and present performance reports to investors and leadership. The role supports cash flow forecasting and financial analyses for asset optimization across generation assets.

The position requires strong analytical skills, organization, and Excel proficiency, with hybrid schedule and travel as needed. Base pay and annual bonuses are offered with comprehensive benefits.

Qualifications

• Bachelor's degree in a quantitative field and finance/accounting coursework.
• Minimum 5+ years of relevant experience.
• Strong analytical and communication skills; Excel proficiency.

Responsibilities

• Develop and manage annual and long-term budgets for generation assets.
• Provide input and review pro-forma financial models for generation assets.
• Author and present reports on project performance for external investors and lenders and Invenergy’s leadership team.
• Assist in cash flow forecasting, management, and optimization.
• Perform financial analyses of aftermarket improvements.
• Collaborate with the operations engineering team to evaluate and improve operational performance.
• Lead commercial processes associated with improving asset performance, including financial analysis.
• Coordinate with project O&M staff on operational items, including major component repair and replacement.
• Participate in contract development with outside vendors, from quotes to final negotiation.
• Support strategy and development teams in evaluating upgrade/retrofit opportunities for energy transition.

Education

Bachelor's Degree in a quantitative discipline (Engineering, Mathematics, Economics)

Finance or Accounting coursework

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.

Invenergy follows a hybrid schedule, working in office Monday through Thursday and remotely on Fridays if work permits. 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 Responsibilities

Finance

• Develop and manage annual and long-term budgets for the generation assets and perform periodic variance analyses
• Provide input and review the pro-forma financial models for generation assets
• Author and present reports on project performance for external investors and lenders and Invenergy’s leadership team
• Assist in cash flow forecasting, management, and optimization
• Perform financial analyses of aftermarket improvements

Operations

• Collaborate with the operations engineering team to evaluate and improve operational performance
• Lead commercial processes associated with improving asset performance, including financial analysis
• Coordinate with project O&M staff on operational items, including major component repair and replacement
• Participate in contract development with outside vendors, from soliciting quotes to participating in final contract negotiation and execution
• Support Invenergy’s strategy and development teams in evaluating potential upgrade and retrofit opportunities to best position the generation assets in the ongoing energy transition

Commercial

• Provide inputs to support asset bidding and scheduling strategies
• Support development of commercial contracts and bids
• Collaborate with Commercial and Trading teams on short and long-term power market strategies

Regulatory and compliance

• Ensure compliance with regulatory requirements and project agreements, including: Power Purchase Agreements, Operating Agreements, Credit Agreements, and Operations and Maintenance Agreements
• Lead dispute negotiations if they arise with contractual counterparts
• Lead strategy and compliance programs associated with greenhouse gas emission reduction programs

Required Skills

• Bachelor's Degree in a quantitative discipline (e.g., Engineering, Mathematics, Economics) and coursework in Finance or Accounting.
• Minimum 5+ years of job experience.
• Strong analytical, logical and problem-solving skills.
• Effective verbal and written communication and collaboration skills.
• Demonstrated proficiency in Microsoft Excel.
• Travel Eligible to work in the United States without the need for employer visa sponsorship now or in the future.

Preferred Skills

• Experience writing, negotiating, and managing contracts
• Experience with standard financial metrics and analyses (NPV, IRR, DCF models)
• Experience and interest in energy industry and energy markets

Compensation

Base Pay $105,000.00 - $124,000.00 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.

Benefits

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

Equal Opportunity

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.