ACCIONA Energía

Associate Financial Planning and Asset Management

ACCIONA Energía Chicago, IL

We have an exciting opportunity for an experienced Associate, Financial Planning and Asset Management to be based at our US headquarters in Chicago, IL. This position, reporting to the US and Canada Senior Manager, Financial Planning and Asset Management, is responsible for supporting and managing the development of, financial plans, budget, and forecasts and preparing regular performance reporting and variance analysis to key stakeholders, tax equity investors and management. It will also interact with various businesses lines on the monitoring of development pipeline/forecasting, operating assets planning and construction planning.


Main Responsibilities:

· Manage the preparation of monthly, quarterly, and annual financial reporting. This will include all forecasting and variance analysis of actual to budget and forecast to budget.

· Lead role in the preparation of the business planning, including preparing and maintaining budgets and forecast, five-year business plans, tax plan, annual operating plan, and monthly and quarterly reviews.

· Prepare all monthly reporting packages including key financial metrics and key performance indicators to senior management.

· Manage, monitor, and, working with our business lines, optimize the financial performance of the operating assets in the US and Canada. Preparation of annual budgets for tax equity investors and lenders, and monitoring cash and GAAP performance to budget.

· Collaborate with our Power Marketing group to ensure RTO/ISO compliance.

· Act as Finance representative with our Operation & Maintenance group in identifying and managing operating issues that affect project performance.

· Lead the implementation of a risk management program for energy marketing and trading activities across our renewable energy operating portfolio.

· Assess initial and ongoing creditworthiness of counterparties, establish credit lines with counterparties, ensure appropriate bilateral collateral and credit support arrangements are in place with counterparties and RTO/ISOs, and oversee daily margin calls.

· Lead and participate on cross-functional project teams as needed.


Requirements:

· BA/BS in Finance, Economics, Accounting, Mathematics, or related discipline or equivalent.

· 5 or more years of progressive professional finance/ accounting experience (budgeting, forecasting, and planning) in a corporate environment, preferably within the fossil fuel, renewable energy and/or power industry.

· Must have a comprehensive understanding of finance and accountancy principles, including US GAAP and IFRS and strategic planning.

· Ability to drive the budget process and design budget assumptions, timing deliverables within the prescribed timeframe.

· Ability to identify areas of financial risk and develop contingency plans.

· Solid credit analytical skills and understanding of energy-related agreements (ISDAs, EEIs, PPAs) and underlying collateral including parent guarantees and letters of credit. Understanding exposure calculations (MTM, PFE), trading instruments, and hedging.

· Experience in managing risk insurance programs, and in-depth knowledge of property, casualty, and energy trading risk management programs.

· Demonstrated ability of strong analytical skills and attention to detail.

· Strong written and verbal communication and presentation skills.

· Strong interpersonal skills and the ability to interact with all staff throughout the Company and work as a team player.

  • Seniority level

    Mid-Senior level
  • Employment type

    Full-time
  • Job function

    Finance
  • Industries

    Renewable Energy Power Generation

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