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.
Job Description
Associate, Thermal Asset Management
Position Overview As an Associate, Thermal Asset Management, you will report to a Senior Manager, Thermal Asset Management and assist with and lead a wide range of activities all directed toward the same goal: maximizing the profitability of Invenergy's operating thermal assets. You will be part of the Thermal Asset Management team and will work closely with external stakeholders and cross-functionally with many other teams, including our Portfolio Finance, Accounting, Performance Engineering, Commercial, and Operations and Maintenance teams.
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 3 + 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 preferred.
Experience with standard financial metrics and analyses (NPV, IRR, DCF models) preferred.
Experience and interest in energy industry and energy markets preferred.
Benefits
Eligible for medical, dental, vision, 401(k), bonus, 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.
