Manager, Treasury
Remote
Full Time
Experienced
Company Overview
esVolta, LP is a leading developer, owner, and operator of utility-scale energy storage projects across North America. We are at the forefront of the fast-growing battery energy storage market, and our projects are helping to transition the nation’s electric grid to a cleaner and more reliable future. Our storage projects provide major utilities with a multitude of important services including reliable fast-ramping capacity, energy and ancillary grid services including renewable energy integration support.
esVolta is independently owned, and we are among the largest players in the US energy storage sector with a 15+ GWh pipeline and about 1.7 GWh of projects already in operation, construction, or advanced development under contract with utilities and other power buyers.
We are headquartered in Newport Beach, California, with employees in multiple regions across the U.S. Our diverse management team has many decades of experience in the renewable energy, utility, and independent power sectors.
Job Description
We are seeking a Manager of Teasury to support all aspects of the Company’s Treasury activities. The Manager of Treasury should be a leader who can work with the Treasurer and Company leadership to help build a treasury management functor to strategically address the businesses short and long term treasury needs.
The Manager will be a key leader in esVolta’s Treasury department covering Treasury Planning, Cash Management, Banking, financial risk management/trading treasury needs, the corporate Credit Card program, and treasury hedging/risk management. The Manager, Treasury will help make informed and intelligent decisions about all ongoing Treasury initiatives. The Manager will report to esVolta’s Treasurer.
Key Responsibilities
Skills and Qualifications
Compensation and Benefits
The actual salary and bonus offered will depend on the specific skills and experience of the selected candidate.
This position is classified as remote; however, periodic travel to company offices, project sites, or other meeting locations may be required on an as-needed basis.
Culture
At esVolta, every employee makes an impact on the company’s growth and profitability, every day. We have a fast-paced, high-performance and team-oriented culture. We value quality of life and flexibility for our employees and strive to help our team members achieve their career goals.
Apply today to start an extraordinary career!
esVolta, LP is a leading developer, owner, and operator of utility-scale energy storage projects across North America. We are at the forefront of the fast-growing battery energy storage market, and our projects are helping to transition the nation’s electric grid to a cleaner and more reliable future. Our storage projects provide major utilities with a multitude of important services including reliable fast-ramping capacity, energy and ancillary grid services including renewable energy integration support.
esVolta is independently owned, and we are among the largest players in the US energy storage sector with a 15+ GWh pipeline and about 1.7 GWh of projects already in operation, construction, or advanced development under contract with utilities and other power buyers.
We are headquartered in Newport Beach, California, with employees in multiple regions across the U.S. Our diverse management team has many decades of experience in the renewable energy, utility, and independent power sectors.
Job Description
We are seeking a Manager of Teasury to support all aspects of the Company’s Treasury activities. The Manager of Treasury should be a leader who can work with the Treasurer and Company leadership to help build a treasury management functor to strategically address the businesses short and long term treasury needs.
The Manager will be a key leader in esVolta’s Treasury department covering Treasury Planning, Cash Management, Banking, financial risk management/trading treasury needs, the corporate Credit Card program, and treasury hedging/risk management. The Manager, Treasury will help make informed and intelligent decisions about all ongoing Treasury initiatives. The Manager will report to esVolta’s Treasurer.
Key Responsibilities
- Oversee the company’s treasury management strategy, ensuring adequate liquidity to support operational needs and capital projects.
- Develop and manage Treasury liquidity forecasts, working closely with internal stakeholders to ensure alignment of liquidity needs with debt and equity capital inflows.
- Monitor daily cash positions and manage short-term funding needs, ensuring efficient use of available capital across the business.
- Lead a process for identification and ultimate implementation of systems to improve efficiency in overall treasury management and operations, including implementation of a Treasury Management System
- Work with Structured Finance team to support structured debt and tax equity transactions for large-scale projects, including the negotiation, structuring, and documentation of financing arrangements.
- Support the company’s long-term capital strategy, ensuring debt and equity financing is aligned with the company’s strategic goals.
- Manage debt and interest rate risk management activities by working with Treasurer, Structured Finance, and CFO. Also, support develop treasury interfaces for Company’s Physical and Financial Risk Management trading business.
- Maintain relationships with Banks for Cash Management and Treasury activities, including overseeing integration of systems between banks and esVolta.
- Oversee outgoing wire payments, check and ACH for various transactions including property acquisitions, development, construction, recording fees, credit facility payments, short-term cash investments, distributions to investors.
- Provide oversight and evaluation of company banking needs including managing administration of company accounts and access.
- Ensure best and safe investment options for cash including T Bills, bank time deposits Commercial Paper programs etc.
- Manage corporate credit card and expense reimbursement programs under Treasurer’s guidance.
- Maintain esVolta’s Treasury Dashboard, do performance measurement and communicate to Senior Management and to Shareholders on a periodic basis.
Skills and Qualifications
- 8+ years of progressive experience in managing all Treasury aspects (Cash, LCs, Guarantees, debt risk management, Banking, Credit Card programs etc.) across the company.
- Renewable industry (energy storage sector) experience is a plus.
- Bachelor’s degree, preferably in Business or Finance; A Certified Treasury Professional (by AFP) is a huge plus.
- A deep understanding of various Treasury portals and Banking systems is essential.
- Experience in a cross-functional environment, working closely with finance, Accounting, development, operations, and construction departments.
- Ability to meet deadlines, handle multiple priorities and perform job responsibilities accurately while working in a vibrant environment.
- Strong interpersonal and communication skills and demonstrated ability to influence partners and key business decisions.
- Tech savvy with strong working knowledge treasury management systems and MS Office, including demonstrable expertise with Excel and spreadsheet analysis.
- Self-starter with natural curiosity, enthusiasm, desire to learn and ability to deal with ambiguity.
- Be a key leader in Treasury team, including, fostering a collaborative and high-performance culture that supports the company’s expanding operations.
Compensation and Benefits
The actual salary and bonus offered will depend on the specific skills and experience of the selected candidate.
| Salary: $140,000 | Bonus: 20% |
- 401k program
- Cell phone stipend
- Medical, dental and vision care benefits
- 20 vacation days, 5 sick days, 9 observed holidays
This position is classified as remote; however, periodic travel to company offices, project sites, or other meeting locations may be required on an as-needed basis.
Culture
At esVolta, every employee makes an impact on the company’s growth and profitability, every day. We have a fast-paced, high-performance and team-oriented culture. We value quality of life and flexibility for our employees and strive to help our team members achieve their career goals.
Apply today to start an extraordinary career!
esVolta is an Equal Opportunity Employer.
We celebrate all forms of diversity and are committed to creating an inclusive environment for all employees. However you identify or whatever your path here, we encourage you to apply. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the hiring process, perform essential job functions, and receive other benefits and privileges of employment.
We celebrate all forms of diversity and are committed to creating an inclusive environment for all employees. However you identify or whatever your path here, we encourage you to apply. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the hiring process, perform essential job functions, and receive other benefits and privileges of employment.
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