Treasury Analyst (Hybrid)
Description About Longroad Energy Longroad Energy is a Boston, MA headquartered renewable energy developer focused on the development, ownership, and operation/asset management of wind and solar energy projects throughout North America. Founded in 2016, Longroad owns 3.5 GW of wind and solar projects across the United States in addition to operating and managing a total of 5.5 GW of wind and solar projects on behalf of Longroad and third parties. Our vision is to create lasting value for our shareholders, communities, and employees by responsibly developing, owning and operating renewable energy projects. We have assembled a world-class team with a passion for renewable energy innovation and a commitment to developing renewable projects throughout the US. Job Purpose As a Treasury Analyst reporting to the Director, Treasury, you will join the Finance and Treasury team and play a critical role in supporting the company’s financial infrastructure by managing treasury operations, loan compliance, and bank administration for a rapidly expanding renewable energy platform. This position ensures accurate execution of draws and rent processes, oversees Letters of Credit and bonds, and maintains treasury systems and procedures. Responsibilities • Collect and reconcile debt service invoices for construction and operating loans including principal and interest invoices, swap invoices and bank fee invoices • Assist in calculating cash waterfalls at month end and quarter end for the construction and operating draws • Prepare month end, quarter end and ad hoc draw request packages for lenders • Manage compliance deliverables for projects and liaise with lenders • Help maintain databases used by the Treasury team including the Debt tracker, Cash Balances tracker, Bond tracker and Letter of Credit tracker. • Manage and process Letters of Credit applications including new issuances, increases, decreases, extensions, and expirations as well as negotiation of forms • Manage bond issuance form review and paperwork • Administer bank KYC requests for new accounts, paperwork and diligence around the opening and closing of bank accounts or updating users and signers • Perform callbacks and compliance verifications for new vendors or payment detail changes • Set up or release wire payments Minimum Qualifications • 3 years demonstrated experience in Treasury, Finance, Accounting or related field. • Bachelor’s degree in Accounting, Finance or related field. • Demonstrated knowledge of treasury and cash management theories and regulations. Knowledge of current business law practices and tax implications. • Strong analytical and organizational skills. • Strong communication and interpersonal skills. • Strong understanding of accounting principles and theory. • Proficiency with MS Office, Sage X3, Blackline other financial software. • Advanced financial modeling and Excel skills Preferred Additional Responsibilities • Tax equity and sale leaseback projects to support month end draws and sale leaseback rent requests • Assist with onboarding new project and setting up reconciliation files and processes • Assist with corporate level cash monitoring and reconciliation • Experience in the energy, power, or renewable energy industry Personal Attributes Essential for Success • A collaborative style and a can-do attitude. • Comfortable with fast paced, rapidly changing environment. • Ability to manage multiple priorities involving teams across the organization. • Ability to make informed decisions quickly. • Ability to self-manage time and self-check work • Strong attention to detail • Passionate and enthusiastic about alternative energy. • Integrity and accountability. Salary/Compensation The salary range is between $85k - $110k. In addition to base salary, this role includes a corporate bonus. This role may be hired at the Analyst or Senior Analyst level depending on experience. The position offers health, vision/dental insurance, flexible spending accounts, 401(k) plan, accrued paid time off, life insurance and disability coverage. We encourage candidates to consider total compensation when applying and if you feel you meet the requirements and are excited to learn more, we’d love to share. • Note that the pay range listed for this position is a good faith and reasonable estimate of the range of possible base compensation at the time of posting. Exact compensation may vary based on skills, experience and location. Other Applicants must be currently authorized to work in the United States. The Company does not sponsor applicants for work visas. Benefits of Working at Longroad Energy We are dedicated to providing our employees with the support and resources they need to stay healthy, secure their future, and be successful in their careers. Benefits at Longroad include the opportunity for merit-based salary increases, incentive plan participation, eligibility for our 401 (k) plan and matching, and comprehensive medical, dental, vision, life, and disability insurance. Our robust time-off policy includes accrual of 18 vacation days in your first year, paid holidays, and paid volunteer time. We offer paid parental leave to help support employees as they transition into parenthood. Learn more about our employee benefits. Diversity, Equity & Inclusion Diversity, equity, and inclusion matter - at Longroad, in our industry, in our communities, and in society at large. We embrace our responsibility to build and promote a diverse, equitable, and inclusive working experience and drive change where we live and operate. We work to actively promote and celebrate diversity, equity, and inclusion. We foster a supportive space that empowers everyone at Longroad to learn about, discuss and ask questions related to embracing and honoring identity. We collaborate with our community, colleagues, and industry in the ongoing pursuit of evolving and growing an inclusive and diverse environment. Learn more about our DEI commitment. Longroad Energy Values At Longroad, we SHINE. We aim to be the most trusted renewable energy company on the long road to a green future. We are an experienced team of problem solvers and promise-keepers who develop sustainable solutions that meet today’s challenges and make a lasting impact on people and our planet. Learn more about our SHINE values. Longroad Energy is proud to be an Equal Opportunity Employer (“EOE”). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, disability, veteran status, citizenship, or any other legally protected status. Longroad Energy prohibits discrimination against individuals with disabilities and will reasonably accommodate applicants with a disability, upon request, and will also ensure reasonable accommodations are made for disabled employees. Longroad Energy is firmly committed to ensuring equal employment opportunities in all employment practices and personnel actions, including advertising, recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, rates of pay, and other forms of compensation. About Longroad Energy Longroad Energy is a Boston, MA headquartered renewable energy developer focused on the development, ownership, and operation/asset management of wind and solar energy projects throughout North America. Founded in 2016, Longroad owns 3.5 GW of wind and solar projects across the United States in addition to operating and managing a total of 5.5 GW of wind and solar projects on behalf of Longroad and third parties. Our vision is to create lasting value for our shareholders, communities, and employees by responsibly developing, owning and operating renewable energy projects. We have assembled a world-class team with a passion for renewable energy innovation and a commitment to developing renewable projects throughout the US. Job Purpose As a Treasury Analyst reporting to the Director, Treasury, you will join the Finance and Treasury team and play a critical role in supporting the company’s financial infrastructure by managing treasury operations, loan compliance, and bank administration for a rapidly expanding renewable energy platform. This position ensures accurate execution of draws and rent processes, oversees Letters of Credit and bonds, and maintains treasury systems and procedures. Responsibilities • Collect and reconcile debt service invoices for construction and operating loans including principal and interest invoices, swap invoices and bank fee invoices • Assist in calculating cash waterfalls at month end and quarter end for the construction and operating draws • Prepare month end, quarter end and ad hoc draw request packages for lenders • Manage compliance deliverables for projects and liaise with lenders • Help maintain databases used by the Treasury team including the Debt tracker, Cash Balances tracker, Bond tracker and Letter of Credit tracker. • Manage and process Letters of Credit applications including new issuances, increases, decreases, extensions, and expirations as well as negotiation of forms • Manage bond issuance form review and paperwork • Administer bank KYC requests for new accounts, paperwork and diligence around the opening and closing of bank accounts or updating users and signers • Perform callbacks and compliance verifications for new vendors or payment detail changes • Set up or release wire payments Minimum Qualifications • 3 years demonstrated experience in Treasury, Finance, Accounting or related field. • Bachelor’s degree in Accounting, Finance or related field. • Demonstrated knowledge of treasury and cash management theories and regulations. Knowledge of current business law practices and tax implications. • Strong analytical and organizational skills. • Strong communication and interpersonal skills. • Strong understanding of accounting principles and theory. • Proficiency with MS Office, Sage X3, Blackline other financial software. • Advanced financial modeling and Excel skills Preferred Additional Responsibilities • Tax equity and sale leaseback projects to support month end draws and sale leaseback rent requests • Assist with onboarding new project and setting up reconciliation files and processes • Assist with corporate level cash monitoring and reconciliation • Experience in the energy, power, or renewable energy industry Personal Attributes Essential for Success • A collaborative style and a can-do attitude. • Comfortable with fast paced, rapidly changing environment. • Ability to manage multiple priorities involving teams across the organization. • Ability to make informed decisions quickly. • Ability to self-manage time and self-check work • Strong attention to detail • Passionate and enthusiastic about alternative energy. • Integrity and accountability. Salary/Compensation The salary range is between $85k - $110k. In addition to base salary, this role includes a corporate bonus. This role may be hired at the Analyst or Senior Analyst level depending on experience. The position offers health, vision/dental insurance, flexible spending accounts, 401(k) plan, accrued paid time off, life insurance and disability coverage. We encourage candidates to consider total compensation when applying and if you feel you meet the requirements and are excited to learn more, we’d love to share. • Note that the pay range listed for this position is a good faith and reasonable estimate of the range of possible base compensation at the time of posting. Exact compensation may vary based on skills, experience and location. Other Applicants must be currently authorized to work in the United States. The Company does not sponsor applicants for work visas. Benefits of Working at Longroad Energy We are dedicated to providing our employees with the support and resources they need to stay healthy, secure their future, and be successful in their careers. Benefits at Longroad include the opportunity for merit-based salary increases, incentive plan participation, eligibility for our 401 (k) plan and matching, and comprehensive medical, dental, vision, life, and disability insurance. Our robust time-off policy includes accrual of 18 vacation days in your first year, paid holidays, and paid volunteer time. We offer paid parental leave to help support employees as they transition into parenthood. Learn more about our employee benefits. Diversity, Equity & Inclusion Diversity, equity, and inclusion matter - at Longroad, in our industry, in our communities, and in society at large. We embrace our responsibility to build and promote a diverse, equitable, and inclusive working experience and drive change where we live and operate. We work to actively promote and celebrate diversity, equity, and inclusion. We foster a supportive space that empowers everyone at Longroad to learn about, discuss and ask questions related to embracing and honoring identity. We collaborate with our community, colleagues, and industry in the ongoing pursuit of evolving and growing an inclusive and diverse environment. Learn more about our DEI commitment. Longroad Energy Values At Longroad, we SHINE. We aim to be the most trusted renewable energy company on the long road to a green future. We are an experienced team of problem solvers and promise-keepers who develop sustainable solutions that meet today’s challenges and make a lasting impact on people and our planet. Learn more about our SHINE values. Longroad Energy is proud to be an Equal Opportunity Employer (“EOE”). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, disability, veteran status, citizenship, or any other legally protected status. Longroad Energy prohibits discrimination against individuals with disabilities and will reasonably accommodate applicants with a disability, upon request, and will also ensure reasonable accommodations are made for disabled employees. Longroad Energy is firmly committed to ensuring equal employment opportunities in all employment practices and personnel actions, including advertising, recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, rates of pay, and other forms of compensation. Salary Description $85,000 - $110,000 Apply tot his job