POSITION DESCRIPTION

THE COMPANY

Onward Energy is an independent power platform that owns and operates over 7,000 MW of utility-scale wind, solar and natural gas generation projects across the U.S. Our Vision is to reliably power a sustainable future. Our Mission is that as North America’s premier independent power generator, we will deliver renewable and reliable power to our customers, opportunities to our associates, sustainable returns to the families who invest in us, and a better world to the next generation. Based in Denver, New York and Charlotte, Onward Energy is a company where people and power are always on. We are where renewable meets reliable. See www.onwardenergy.com for more information.

THE CHALLENGE

This role is an entry-level position on the Commercial & Risk Management team. The primary responsibilities for this position will be to support the management of Onward Energy’s growing portfolio of assets, including energy settlements, revenue contract compliance, REC portfolio management, and market research.

THE RESPONSIBILITIES

• Develop a thorough understanding of Onward Energy’s revenue contracts, including long-term power purchase agreements (PPAs), energy hedges, heat rate call options, etc.
• Manage compliance of energy hedges, power purchase agreements (PPAs), and enabling agreements, included planned outages, forced outages, monthly and/or annual reports, minimum generation requirements, delivery of financial statements, etc.
• Develop a thorough understanding and become the Subject Matter Expert (SME) of ISO settlement tariff rules, processes, and calculations as they relate to the Onward portfolio.
• Take initiative to identify existing processes that could be improved with the aim of improving overall Commercial Operations performance and reliability and/or find opportunities for automation.
• Manage ISO and non-ISO settlement reconciliation and invoice creation for Onward Energy’s growing portfolio of thermal, wind, and solar projects.
• Build, refine, and maintain accurate settlement models.
• Communicate with Onward Energy’s counterparties as necessary
• Coordinate with the Accounting team to ensure timely issuance of invoices.
• Work with Commercial & Risk Management team to develop new invoicing processes as the company grows.
• Develop and maintain Standard Operating Procedures for critical Commercial Operations processes and procedures.
• Manage the preparation of State and Federal regulatory reporting deliverables, such as FERC EQRs, EIA reports, etc.
• Participate in the budgeting process of Onward Energy assets.
• Support Commercial & Risk Management team in ad-hoc assignments relating portfolio risk management, M&A due diligence, and market research.
• Collaborate with several different teams across the company, including Asset Managers, Engineers, and Accountants, to support the day-to-day management of the portfolio assets.
• Other duties as assigned.

THE PROFILE TO SUCCEED

Bachelor’s Degree with quantitative focus (e.g. Accounting, Economics, Engineering, Environmental Science, or Finance). Experience may substitute for degree.

• Zero (0) to two (2) years of experience.
• Advanced Excel skills
• Professional experience or related coursework in energy markets, financial modeling, invoicing, or settlements.
• Knowledge of organized electricity markets in North America. Knowledge of bilateral energy markets a plus.
• Excellent problem-solving and analytical skills with the ability to synthesize data from various sources, understand issues, and identify solutions.
• Exceptional verbal and written communication skills.
• Must have strong interpersonal skills to interface with all levels of company personnel and external customers.
• Keen multi-tasking capabilities and organizational skills; attention to detail.
• Ability to work well independently and as part of a cross-functional team.
• VBA, Python, R, or other programming skills, a plus.

THE PHYSICAL REQUIREMENTS

Must be able to accomplish physical requirements with or without reasonable accommodation.

• Ability to stand, walk, talk, hear, and close and distance vision capability.
• Ability to sit, climb or balance, stoop, kneel, and/or crouch.
• Ability to lift and/or move up to 10 pounds.
• Ability to travel up to 10%.

THE TEAM

The Onward Energy team is comprised of industry professionals who embrace collaboration, dedication, and challenging work while also being down to earth.

THE WORK ENVIRONMENT

The position functions in a smoke and vape free professional office environment. The role routinely utilizes standard office equipment such as laptop computer, phone, and scanner/photocopier.

THE TOTAL REWARDS

Onward Energy total rewards philosophy is motivated by a key tenet of People First and offers associates a comprehensive total rewards package which includes market competitive compensation, health, life insurance, and retirement savings benefits.

If you require an accommodation for any part of the employment process due to a disability to Recruiting@onwardenergy.com.

EEO STATEMENT:

Onward Energy is an Affirmative Action Employer, Females/Minority/Veterans/Disabled/Sexual Orientation/Gender Identity.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.