Director of Treasury

Role Overview

Blue Sky Utility / Nofar USA is a growing renewable energy platform developing, acquiring, financing, and operating energy assets across the U.S. We are seeking an experienced Director, Treasury to own the company's treasury function and manage the day-to-day work required to support a growing and increasingly complex portfolio.

This is a senior, hands-on role reporting directly to the CFO. The Director, Treasury will be responsible for cash and liquidity management, banking relationships, debt administration, lender and covenant reporting, insurance and surety programs, treasury controls, and the treasury work streams associated with financings and strategic transactions.

The successful candidate will be comfortable operating as a senior finance professional while remaining deeply involved in execution. The candidate will build the cash forecasts, manage bank portals and account structures, track debt obligations, prepare lender reporting, monitor covenants, coordinate insurance and surety requirements, and ensure funds move accurately and on time.

At the same time, this person will serve as a trusted partner to the CFO, bringing visibility to liquidity, capital requirements, financing obligations, and financial risk and helping build the treasury infrastructure the company will need as it scales.

The role sits at the intersection of corporate finance, project finance, accounting, development, construction, asset management, M&A, and operations. The ideal candidate has significant treasury or infrastructure finance experience, strong technical judgment, and no hesitation about rolling up their sleeves and doing the work themselves.

Key Responsibilities

Cash & Liquidity Management

• Own daily cash positioning and liquidity management across corporate entities, project companies, and special-purpose entities.

• Personally prepare and maintain rolling cash flow forecasts incorporating development expenditures, construction activity, acquisitions, debt service, financing proceeds, operating cash flows, and other capital requirements.

• Maintain visibility into current and projected liquidity and identify potential funding constraints before they become issues.

• Manage cash deployment, account structures, intercompany funding, and working capital across the organization.

• Partner directly with Accounting, Development, Construction, Asset Management, and Finance to improve forecasting accuracy.

• Provide the CFO with clear, actionable reporting on liquidity, upcoming capital requirements, and cash risks.

Debt & Financing Administration

• Assist with the company's debt portfolio, including corporate facilities, construction financing, term debt, project-level facilities, letters of credit, and other financing arrangements.

• Assist with maintaining detailed schedules of debt balances, maturities, interest rates, payment obligations, covenants, reserve requirements, collateral requirements, and other material financing terms.

• Assist with tracking covenant compliance and prepare required lender and financing reports.

• Assist with funding requests, debt service obligations, reserve requirements, and other treasury activities required under financing agreements.

• Assist with the review of financing documentation to identify ongoing treasury obligations and ensure those requirements are operationalized following closing.

• Support the CFO and finance team in evaluating and executing new financing arrangements, refinancings, recapitalizations, and other capital transactions.

Banking & Lender Relationships

• Serve as the primary day-to-day treasury contact for banks, lenders, and other financial institutions.

• Maintain productive senior-level relationships with banking and financing partners while personally handling the operational work required to support those relationships.

• Manage bank accounts, including openings and closures, authorized signers, user access, payment authorities, and account documentation.

• Administer bank portals and treasury services and ensure appropriate access and fraud-prevention controls.

• Manage wires, ACH transactions, payment approvals, and other movement of funds in accordance with company controls.

• Coordinate lender reporting, audits, diligence requests, compliance requirements, and ongoing financing obligations.

• Manage letters of credit and other banking instruments required for development, construction, financing, and contractual obligations.

• Evaluate banking products, account structures, services, and pricing as the company's…