Director, Thermal Asset Management

Invenergy is North America’s largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.
Invenergy follows a hybrid schedule, working in office Monday through Thursday and remotely on Fridays if work permits.
This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.
Job Description
Position Overview
The Director, Thermal Asset Management is responsible for a wide range of activities all directed toward the same goal: maximizing the profitability of the assets. As Director, you will work closely with external stakeholders and cross-functionally with many other internal teams, including Portfolio Finance, Accounting, Performance Engineering, Government and Regulatory Affairs, Commercial, and Operations and Maintenance teams.
Responsibilities
Lead, develop, and coach a team of asset managers, fostering a culture of collaboration, ownership, and continuous improvement
Manage a portfolio of thermal assets, providing leadership, guidance, and oversight for assets managed by direct reports
Manage lender relationships for thermal projects in conjunction with the Portfolio Finance team
Prepare annual project budgets and financial forecasts and cash flow models
Perform variance analysis of project performance and operational efficiency
Ensure compliance with all project contractual documents, including long term power purchase agreements, power price hedges, and large generator interconnection agreements
Procure parts, materials, and services and support resolution of technical issues
Manage stakeholder relationships with local, county, and state authorities
With Government and Regulatory Affairs, participate in legislative and regulatory processes to preserve and create value
Negotiate contractual agreements with vendors and service providers for operational assets in order to minimize total operating cost
Assist in ongoing development efforts for thermal projects
Seek and execute opportunities to increase the value of the asset
Provide input to and review asset bidding and scheduling and support development of commercial contracts
Develop long term asset planning strategy to optimize economics and performance of assets over entire life-cycle
Required Skills
Bachelor's Degree in a quantitative discipline (e.g., Engineering, Mathematics, Economics) and coursework in Finance or Accounting
10+ 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.
Exceptional analytical skills and demonstrated proficiency in Excel
Experience writing, negotiating, and managing contracts
Experience creating and managing budgets and performing financial modeling.
Strong verbal and written communication skills.
Proficiency with Microsoft Office including Outlook, Excel, and Word.
Some travel required.
Base Pay
175,000.00 - 227,000.00 USD Annual
Bonus: 25% - 40%
The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.
In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.
Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.