Manager, Thermal Asset Management at Invenergy LLC in Chicago, Illinois

Job Description:

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




Position Overview
The Thermal Asset Manager is responsible for a wide range of activities all directed toward the same goal: safely maximizing the profitability of Invenergy's portfolio of operating thermal assets.



Responsibilities:



Finance:

• Develop annual budgets and perform periodic variance analysesfor 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.
  
  

Operations:

• Coordinate with site-based and corporate O&M staff to optimize 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 contractnegotiation
  
  

• Lead dispute negotiations if they arise with contractual counterparts
  
  

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 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
  
  

Preferred Skills

• Experience in the energy industry is beneficial, but not required
  
  

• Strong analytical, logical, and problem-solving skills
  
  

• Master's Degree in Business, Economics, Finance, or Engineering
  
  

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. Apply Now