Solar-Wind Associate, Renewables Asset Management | Chicago, IL

Invenergy is seeking a Solar-Wind Associate for their Renewables Asset Management team in Chicago, IL. The role involves developing project budgets, performing financial analyses, authoring performance reports, and collaborating with engineering teams to enhance operational performance. Candidates should have a Bachelor's degree in a quantitative field and at least 3 years of relevant experience. Proficiency in Excel and contract management is required.
About the position

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. This position is part of the Renewables Asset Management team, focusing on the financial and operational aspects of solar and wind projects. The Solar-Wind Associate will play a crucial role in assisting with the development of annual budgets for various projects, performing periodic variance analyses, and providing input on pro-forma financial models for generation assets. The role also involves authoring reports on project performance for investors and lenders, assisting in cash flow forecasting and management, and conducting financial analyses of aftermarket improvements. Additionally, the associate will be responsible for developing other ad-hoc analyses as needed to support the team’s objectives. In terms of operations, the associate will collaborate with the operations engineering team to evaluate and improve operational performance. This includes coordinating with project Operations and Maintenance (O&M) staff on various operational items, such as major component repair and replacement. The role will also involve participating in contract development with outside vendors, from soliciting quotes to engaging in final contract negotiations. Furthermore, the associate will ensure compliance with regulatory requirements and project agreements, including Power Purchase Agreements, Operating Agreements, Credit Agreements, and Operations and Maintenance Agreements.

Responsibilities
• Assist in developing annual budgets for the projects and perform periodic variance analyses
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• Provide input and review of the pro-forma financial models for generation assets
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• Author reports on project performance for investors and lenders
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• Assist in cash flow forecasting and management
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• Perform financial analyses of aftermarket improvements
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• Develop other ad-hoc analyses as needed
,
• Collaborate with the operations engineering team to evaluate and improve operational performance
,
• Coordinate with project O&M staff on other operational items, including major component repair and replacement
,
• Participate in contract development with outside vendors, from soliciting quotes to participating in final contract negotiation
,
• Ensure compliance with regulatory requirements and project agreements.

Requirements
• Bachelor's degree in quantitative discipline with coursework in Finance or Accounting
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• At least 3 years of relevant work experience required
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• Experience writing, negotiating, and managing contracts
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• Demonstrated proficiency in Microsoft Excel
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• Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Nice-to-haves
• Experience in the energy/utility sector
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• Master's Degree in Business, Economics, Finance, or Engineering
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• Effective communication and collaboration skills
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• Excellent analytical and critical thinking skills with the ability to identify and solve complex problems
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• Experience with standard financial metrics and analyses (NPV, IRR, DCF models)

Benefits
• Eligible for medical insurance
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• Eligible for dental insurance
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• Eligible for vision insurance
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• 401(k) plan
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• Bonus opportunities
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• Paid time off