Thermal Asset Sr Manager
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.
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.
Position Overview
The Thermal Asset Sr 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
Operations :
- 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, including output, efficiency, and reliability, 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
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 assetsDevelop reports on generation asset performance for investors and lendersAssist in cash flow forecasting and managementPerform financial analyses of aftermarket improvements, including profits, losses, and associated risksDevelop other ad-hoc analyses as needed, coordinating with Accounting, Finance, Tax, etc.Commercial :
Provide input on optimizing the bidding and scheduling of assets in the marketSupport development and review commercial contracts and bidsCollaborate with Commercial team on near-term and long-term power market strategyRegulatory and compliance :
Ensure compliance with the regulatory requirements and project agreements, including Power Purchase Agreements, Operating Agreements, Credit Agreements, and Operations and Maintenance AgreementsRequired Skills
Bachelor's Degree in Engineering6+ 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 requiredOperational and / or engineering experience in thermal or an adjacent energy sector (cogeneration plants, gas turbines, steam turbines, etc.)Experience with standard financial metrics and analyses (NPV, IRR, DCF models)Demonstrated proficiency in Microsoft ExcelSome travel requiredEligible to work in the United States without the need for employer visa sponsorship now or in the futurePreferred Skills
Strong analytical, logical, and problem-solving skillsMaster's Degree in Business, Economics, Finance, or EngineeringBase Pay : $150,000.00 - $170,000 USD Annual Bonus : 25% - 40%
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. Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, 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.