Corporate Finance Associate

Rückbauanlage Gundremmingen•Chicago, IL

21h•Onsite

About The Position

The Corporate Finance Team within RWE Americas, LLC (RWEA) provides treasury operations across all operating businesses in the Americas, technologies, and policies. The key team activities include cash and liquidity management, bank account management, and collateral management. The ideal candidate will have an understanding of treasury functions and strict attention to detail. Partnering with more senior team members, the Corporate Finance Associate will learn the details of RWEA’s processes and is expected to take on collateral issuing, management, and reporting obligations as well as collateral issuance/tracking. In addition, backing up other Corporate Finance processes may be necessary, however this role primarily focuses on collateral management. The role requires regular interaction with various other departments within the company to ensure effective functioning of the business.

Requirements

Bachelor's or higher degree in Finance, Accounting, or related field with a strong academic record required
Minimum 1 year of experience in a large operating company or bank, preferably in treasury operations or related field
Experience with TMS
Proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
Applicants must be legally authorized to work in the United States.
RWE Americas is unable to sponsor or take over sponsorship of employment visas at this time.

Nice To Haves

Educational or professional background in energy business can be helpful
Demonstrated desire to learn about RWE and the renewables space
Customer service mindset and ability to communicate clearly to people without subject matter expertise
Strong organization skills and ability to coordinate multiple tasks and deliverables
Ability to work both independently on tasks and collaborate with the team on cross-functional projects
Motivated self-starter, goal-oriented, and strong problem-solving abilities
Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
Eagerness to learn, grow, and shape the role to best help the business
Commitment to understanding the finer points of collateral and Corporate Finance

Responsibilities

Support operational execution of bank guarantee issuance (letters of credit, bonds) in coordination with business owners, parent company, and banks
Ensure acceptability of language/terms to RWE and banks
Enforce process discipline and controls on the business
Build effective relationships with banking partner staff and develop mutual trust
Run (and potentially build) relevant reports for the Corporate Finance team based on team-managed and system (e. g. Guarantee Management System or SAP) data
Process collateral related invoices utilizing internal ERP system and payment procedures
Identify process improvement opportunities in all areas of responsibility
Assist with the regular liquidity forecasting process and data management, e.g. preparational work on raw data
Regularly review cash balances and zero balance account functionality to ensure against overdrafts
Assist daily payment processing across all payment types, e.g. ACH, Wire, & Check
Manage opening of new bank accounts and adherence to internal entity cash flow structure
Support day-to-day management of banking operations and interface with our partner banks
Maintain internal database of bank account authorized signers and execution of change requests.