Associate, Treasury

Copia Power•Salt Lake City, UT
•Hybrid

About The Position

Copia Power is seeking an Associate, Treasury to support its renewable energy, storage, thermal generation, and data center project pipeline. The role focuses on cash and collateral forecasting, letters of credit and surety bonds, credit facilities, treasury reporting, and treasury technology. The Associate will report directly to the Senior Manager, Treasury & Tax and work with accounting, finance, EPC, development, and legal teams as an individual contributor. The position requires experience in corporate treasury at a renewable developer or independent power producer, advanced Excel and financial modeling skills, and familiarity with project finance structures and treasury controls. The role is based in the Salt Lake City office at least three days per week and requires the ability to travel up to 25%. Applicants must be authorized to work in the United States without employer sponsorship.

Requirements

  • At least 3 years of corporate treasury experience at a renewable developer or independent power producer.
  • Bachelor’s degree in finance, accounting, economics, or a related field.
  • Advanced Excel and financial modeling skills.
  • Demonstrated experience with cash forecasting, letters of credit and surety bonds, and project finance structures such as construction loans, term loans, and tax equity; familiarity with credit agreements, reporting requirements, and cash waterfalls.
  • Working knowledge of U.S. GAAP as it applies to cash, debt, and collateral, as well as treasury internal controls and bank KYC requirements.
  • Proven experience with Microsoft Office, including advanced proficiency in PowerPoint and Excel.
  • Ability to work in the Salt Lake City, Utah office at least 3 days per week.
  • Ability to travel up to 25%.
  • Authorization to work in the United States without employer sponsorship.
  • Resourcefulness and polite persistence; ability to work effectively in a rapidly changing organization.
  • Ability to build collaborative partnerships with peers, management, and vendors; identify and solve business problems by connecting information and isolating trends and issues.
  • Knowledge of renewable and thermal energy project development, interconnection, and power markets.
  • Ownership mindset and ability to drive deliverables to completion across multiple teams and external counterparties.
  • Excellent oral and written communication skills, including the ability to present analysis and recommendations to senior leadership.

Nice To Haves

  • CTP certification.
  • Exposure to collateral management, margining, commodity hedging, interest-rate swaps and ISDA documentation, or credit facility administration.
  • Experience with Power BI, treasury management systems, or process automation tools.

Responsibilities

  • Own the rolling 180-day liquidity forecast and scenario modeling; run the weekly 13-week cash flow process, including variance analysis.
  • Forecast letter-of-credit and bond needs across the pipeline, coordinating with Development and Transmission on generation and load interconnection milestones and with Energy Markets on offtake and gas supply.
  • Manage letters of credit and surety bonds from issuance through amendment, tracking, and release.
  • Support corporate revolver borrowings, compliance, and lender reporting; track commitments and available capacity across facilities.
  • Support interest-rate swap administration, including settlement validation and coordination with Capital Markets and Accounting on quarterly cash flows.
  • Monitor bank and financial counterparty credit ratings and exposure; recommend investments of excess cash within company guidelines.
  • Track share of wallet and bank fees across the banking group to support bank relationship management.
  • Manage bank account openings, closings, KYC, and signatory updates across corporate and project entities.
  • Prepare monthly and quarterly treasury reporting for senior leadership and the company’s sponsor.
  • Lead evaluation of treasury management systems and develop a roadmap for treasury technology and automation.
  • Document treasury processes and controls and lead Treasury’s response to audit and diligence requests.
  • Serve as first-level reviewer of Treasury Analyst work, including payment runs and withdrawal certificates.

Benefits

  • Medical, dental, and vision coverage with no premiums.
  • Company contribution to 401(k) plans.
  • Annual bonus eligibility.
  • Flexible work hours.
  • Unlimited paid time off.
  • Paid holidays.
  • Wellness and cell phone credits.
  • Life and AD&D insurance.
  • Employee Resource Groups.
  • Professional development opportunities.
  • The role may also be eligible for benefits, performance bonuses, and other perks.
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