Finance Manager Plant Operations

Introduction

Headquartered in Reno, NV, Ormat designs, develops, builds, owns and operates geothermal and recovered energy-based power plants in the US and worldwide. With a spotless international reputation, we’re on track to become a leading global provider of renewable energy.

We take pride in our family-oriented business building practical green energy solutions from the ground up.

Join a team that’s giving new life to the future of our planet.

This position is responsible for financial planning, optimization, reporting and forecasting of the power plant operations as part of the electricity segment operations team mission to achieve or exceed its performance and financial goals. This position requires a finance professional with excellent analytical and interpersonal capabilities, strong knowledge of cost accounting, an ability to partner with plant and corporate management, and a process improvement mindset.

This position will require supervisory skill set to manage the budgeting team and be part of the Plant Operations team.

• Financial planning, reporting and forecasting of Plant Operations financial performances on a monthly, quarterly, annual and ad hoc basis.
• Develop and implement AI-driven forecasting, predictive analytics, and scenario modeling capabilities to improve forecast accuracy, identify emerging risks, and support data-driven operational decision making.
• Lead initiatives with plant managers around cost reduction efforts and other improvements in plant financial results.
• Partner with Plant Operations leadership to identify, evaluate, and execute initiatives that improve EBITDA, cash flow, reliability, and overall financial performance across the fleet.
• Evaluate capital investment proposals utilizing advanced financial modeling, risk assessment, sensitivity analysis, and AI-enabled investment analytics to ensure capital is allocated to the highest-value opportunities.
• Provide accurate and timely financial reporting of plant operations for consolidation into the corporate reports.
• Develop and oversee implementation of new financial budgeting and planning tools, including enhancements of current tools and process improvements.
• Lead, develop, and mentor the Budget Analyst team, fostering technical excellence in financial analysis, automation, advanced Excel modeling, data analytics, AI utilization, and business partnership skills.
• Lead continuous improvement initiatives focused on process automation, AI adoption, data governance, reporting efficiency, and financial controls across Plant Operations.
• Be a key partner in the annual budgeting, long-range planning, and resource allocation processes for Plant Operations, ensuring alignment with corporate objectives and operational priorities.
• Present financial results, forecasts, strategic recommendations, and performance insights to executive leadership, translating complex financial and operational data into clear business actions.
• Develop regular reporting and analysis, including key metrics reports
• Conduct ad hoc financial modeling and analysis as required
• Serve as a strategic finance business partner across functions to drive operational excellence, financial accountability, and achievement of key performance targets.
• Must be able to travel up to 5% of the time, including international.

• Other duties and projects as assigned by management.

• BA or BS Degree in Finance, Accounting, or Engineering with MBA degree preferred.
• 7+ years’ experience in financial planning, analysis, modeling and presentations.
• Strong understanding of geothermal power plants, Utility, or other complex environment management and operations.
• Development of policies and procedures, systems skills and IT…