Finance Associate

Cyrq Energy is seeking a Finance Associate in Salt Lake City, UT, responsible for developing financial models, conducting data analysis, and preparing reports for management and stakeholders. Key tasks include budget variance analysis, financial forecasting, and KPI reporting. Candidates should have a Bachelor’s degree in Finance or Accounting, relevant experience, and proficiency in Excel and PowerPoint. The role offers benefits like medical plans, a 401(k) match, and paid time off, emphasizing safety, respect, and collaboration.
Description

The Finance Associate will be responsible for developing and presenting financial models regarding current operations, potential acquisitions, development projects, and periodic reporting to Business Managers, Senior Management, Board of Directors, debtholders and shareholders.

Responsibilities:

Data Analysis
• Collects, analyzes, and monitors key financial and performance data related to operations, capital projects, and assigned business areas.
• Completes budget variance analysis including report development and interpretation of results to management.
• Analyzes records of present and past operations, trends and costs, estimated and realized revenues, administrative commitments, and obligations incurred to project future revenues and expenses.

Organizational Support
• Develops corporate, project financing, and/or acquisition financial models in Excel based on past, present and projected financial performance operating data.
• Prepares financial forecasts including model development.
• Prepares financial and key performance indicator (KPI) analysis reports and data visualization for Business Managers, Senior Management, Board of Directors and shareholders.
• Prepares periodic operating reports and compliance reports including DSCR for lenders.
• Drives process improvements in routine tasks for efficiency.
• Supports annual budgeting process for assigned business units and company.

Requirements
• Bachelor’s degree or higher in Finance, Accounting, or related field.
• One or more years of experience in a finance-related role. Energy, Investment Banking or Private Equity experience preferred.
• High proficiency in Microsoft PowerPoint and Excel.
• Working understanding of best practices in financial modeling.
• Strong conceptual knowledge of accounting and finance.
• Conceptual understanding of data migration among various platforms (spreadsheets, planning software and ERP system).
• Prior use of Workday Adaptive Planning and NetSuite preferred.
• Valid driver’s license and acceptable motor vehicle record.
• Ability to complete domestic travel to field and office locations, up to 10%.
• Ability to sit for long periods of time
• Able to type and view a computer screen for concentrated periods of time
• Occasional work outside of normal working hours
• Ability to occasionally lift, up to 20 pounds.

Location:
• On-site position based in Salt Lake City, Utah

What we offer:

Multiple medical, dental, and vision plans, 401(k) with an immediate 5% company match and no vesting requirement, annual bonus program, company paid short- and long-term disability insurance, pay holidays, paid time off, paid parental leave, and more.

Who is Cyrq Energy?

Cryq Energy’s mission is to harness the heat of the earth to create clean energy while pursuing the highest standards of health, safety, and sustainability. We believe in a future fueled by renewable energy and are driving the transition to that vision. Our primary values are:
• Safety - Ensuring everyone goes home the way they arrived.
• Respect - For each other and the planet.
• Personal Accountability - A sense of urgency and desire to learn from mistakes.
• Results-orientation - Being resourceful, rigorous, and responsive.
• Collaboration - Through teamwork across geographies and functions.