Chicago, IL, USA
39 days ago
Manager, Thermal Asset Management

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 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. 

 

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 contract negotiation

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.

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