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Manager – Thermal Asset Management
| Company | Invenergy |
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| Location | Chicago, IL, USA |
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| Salary | $120000 – $150000 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Senior |
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Requirements
- Bachelor’s Degree in a quantitative discipline (e.g., Engineering, Mathematics, Economics, Finance or Accounting)
- 5+ 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 required
- 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
Responsibilities
- 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.
- 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, 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
- 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
- Ensure compliance with the regulatory requirements and project agreements, including Power Purchase Agreements, Operating Agreements, Credit Agreements, and Operations and Maintenance Agreements
Preferred Qualifications
- Experience in thermal or an adjacent energy sector (cogeneration plants, gas turbines, steam turbines, natural gas, oil and gas etc.) is beneficial, but not required
- Strong analytical, logical, and problem-solving skills
- Master’s Degree in Business, Economics, Finance, or Engineering
