Manager, Commercial Finance and Economics

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.

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

As Manager, Commercial Finance and Economics, you will work as a member of the commercial finance and economics team on the financial and economic modelling and market characterization of utility-scale energy projects for renewables, thermal and transmission.
The commercial finance and economics team conducts all project opportunity scoping, managing financial models and analysis, budgeting, and, crucially, project management and coordination with other internal stakeholders as well as external financing and regulatory stakeholders.

Responsibilities:

• Responsible for development of valuation models to analyze the economic merits and risks.

• Responsible for managing and providing support to other members of the CFE team

• Responsible for liaising with origination, development, finance and procurement team members to help develop the project business case and identification of commercial risks in areas such as: budgeting, revenue forecasting, structuring, business case analysis, land & property, DEVEX, CAPEX and OPEX in support of project activities both in the opportunity development phase up to NTP/FID.

• Responsible for organizing and maintaining relevant market assumptions and structures for development projects including areas such as: leasing costs, bonding, tax, revenue mechanisms, power settlement and decommissioning liabilities.

• Responsible for internal stakeholder management (e.g. finance and development) in the management of project financial models, and key financial metrics/indicators for the preparation of competitive bids for project revenue opportunities, including recommending pricing strategies and local content opportunities.

• Responsible for assessing the integrity of economic, financial models, communicating the key drivers, leading the quantitative decision process for pricing and performing advanced analysis

• Responsible for monitoring ongoing market conditions and structures and feeding-in risk mitigation opportunities to the development process

• Insights gained from the above work will position the Manager to contribute to the overall project(s) and development strategy

• Communicate with advisors, trade groups and legal counsels to improve financial and economic models and development strategy

• Synthesize key findings and perform bespoke analyses as needed, and communicate findings to Invenergy’s senior management

• Role provides broad exposure to all aspects of renewables, transmission and thermal projects development and strategy

Minimum Qualifications:

• Bachelor’s Degree required in Business, Economics, Engineering, Accounting, or related field, Masters Degree preferred.

• 7+ years' experience from commercial or financial roles in industries such as energy, infrastructure, oil and gas, or real estate development.

• Ability to develop complex financial and economic models

• Ability to manage a team by communicating expectations, establishing priorities, overseeing performance, reviewing work, and providing feedback

• Ability to train junior team members

• Knowledge of budget preparation, implementation, and oversight

• Excellent analytical, reporting presentation and communication skills

• Advanced Excel skills (e.g. VBA, Pivot Tables, Vlookup, Conditional Formatting, and Charts) and strong Word/PowerPoint skills

Preferred Qualifications:

• Ability to assist/add value to the strategic and financial process for energy project development

• Ability to communicate and interface effectively across multiple de-centralized teams, with strong…