Manager, Thermal Asset Management

Invenergy•Chicago, IL

1d•$124,000 - $160,000•Hybrid

About The Position

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.

Requirements

Bachelor's Degree in Engineering
8+ 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
Operational 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 Excel
Some travel required
Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Nice To Haves

Strong analytical, logical, and problem-solving skills
Master’s Degree in Business, Economics, Finance, or Engineering

Responsibilities

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
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.
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
Ensure compliance with the regulatory requirements and project agreements, including Power Purchase Agreements, Operating Agreements, Credit Agreements, and Operations and Maintenance Agreements