ABOUT AVANTUS
Avantus develops, owns and operates utility-scale clean energy projects across California and the Desert Southwest. Our development pipeline of solar with integrated storage will generate enough dispatchable power to serve more than 10 million Americans, day and night. Backed by strategic investment from KKR and EIG, and building on more than a decade of industry leadership, Avantus is growing its position as an independent power producer, delivering affordable, reliable clean energy solutions to meet America’s growing energy demand.
ABOUT THE POSITION
We are seeking a Sr. Associate, Treasury & Debt Compliance to join our Finance team. This individual will be responsible for the day-to-day compliance, and administration of the Company’s credit agreements, tax equity limited liability company agreements and debt instruments. The role serves as a key liaison across Development, FP&A, Treasury, Legal, Accounting, Asset Management and Project Finance/M&A/Capital Markets teams to ensure accurate loan reconciliations, timely covenant compliance, proper interest capitalization, and comprehensive corporate debt-related reporting. In addition to supporting operational excellence, this position plays a vital role in strategic corporate financing activities, helping to ensure the organization's capital structure is effectively managed and aligned with corporate objectives. This role reports to the Director, Treasury and Debt Compliance.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
- Maintain and administer corporate and project level credit agreements and ensure compliance with terms.
- Prepare and track draw requests (including preparation, review and/or delivery of conditions precedent to drawings), schedules, prepayments, maturities, interest period conversions and continuations at both the corporate and project level financings.
- Lead a strong treasury compliance framework that proactively implements controls to reduce risk & support long term financial stability
- Perform loan reconciliations, validate principal and interest payments, oversee the scheduling of loan, letters/lines of credit, derivative financial contract payments
- Track & support the administration, reporting obligations, and compliance of corporate credit agreements by calculating applicable fees, monitoring covenant compliance, and maintaining effective communication with lenders among other responsibilities
- Establish consensus with key stakeholders to prepare, review and submit compliance certificates, contracts, reporting, and related documentation approvals via internal legal contract systems. Track & disseminate cross functional project related documents & reports to administrative agents, lenders, banks & tax equity.
- Assist Accounting and FP&A teams with accurate calculation and reporting of interest by project.
- Support the accurate, timely repayment of debt obligations & derivative financial contracts
- Manage issuance, renewal, and tracking of credit instruments such as letters of credit, surety bonds, and parent guarantees in coordination with the Sr Analyst, Treasury
- Coordinate with banking partners to open and maintain bank accounts and ensure compliance with KYC requirements.
- Prepare schedules and documentation to support due diligence and audits as well as quarterly and annual debt disclosures.
- Support ad hoc analysis, scenario modeling & reporting as assigned related to corporate debt planning & corporate needs.
- Develop and improve internal controls and documentation surrounding debt-related workflows.
- Create and populate internal reporting for the Treasury & Debt Compliance Department.
REQUIRED SKILLS AND QUALIFICATIONS
- Bachelor’s degree in finance, Accounting, or related field
- 4+ years of experience in corporate finance, treasury, or accounting, with 2+ years of experience in corporate debt management and compliance
- Experience with loan administration, credit agreements, and capital project accounting
- Strong understanding of GAAP accounting for interest capitalization and debt instruments
- Proficiency with ERP systems (e.g., Planful, Intacct) and banking treasury management platforms
- Experience with implementing Credit Agreement & Debt Management Systems designed to help companies manage multiple credit agreements, calculate interests, track covenants, amortization schedules, and coordinate reporting across multiple departments
- Demonstrated ability to work collaboratively and effectively in a cross-functional environment with both technical and non-technical team members who are geographically dispersed
- Ability to identify continuous improvement opportunities and take initiative to drive solutions
- Ability to uphold standards of complete discretion and confidentiality and exercise good judgment on day-to-day decisions
- Ability to effectively manage multiple priorities and deliver timely, high-quality results
- Excellent communication and interpersonal skills, with a demonstrated ability to collaborate effectively with diverse teams
- Intermediate to advanced proficiency in the Microsoft suite of tools and applications including Outlook, Word, PowerPoint, with advanced proficiency in Excel and debt modeling
#LI-Hybrid
Avantus offers competitive compensation with an excellent benefits package, including 401(k) matching; comprehensive medical and dental plan options; and flexible PTO. We are an equal-opportunity employer.
The base salary range for this full-time position is listed below (plus bonus and benefits). Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position in California. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for the applicable location during the hiring process. Please note that the compensation details listed reflect the base salary only, and do not include bonus and benefits.
Skills Required
- Bachelor's degree in finance, accounting, or a related field
- 4+ years of experience in corporate finance, treasury, or accounting
- 2+ years of experience in corporate debt management and compliance
- Experience with loan administration, credit agreements, and capital project accounting
- Strong understanding of GAAP accounting for interest capitalization and debt instruments
- Proficiency with ERP systems such as Planful or Intacct and banking treasury management platforms
- Experience implementing credit agreement and debt management systems
- Ability to work collaboratively in a cross-functional and geographically dispersed environment
- Ability to identify continuous improvement opportunities and drive solutions
- Ability to maintain discretion, confidentiality, and sound judgment
- Ability to manage multiple priorities and deliver timely, high-quality results
- Excellent communication and interpersonal skills
- Intermediate to advanced Microsoft Office proficiency, including advanced Excel and debt modeling
What We Do
Our legacy of leadership in next generation solar energy includes developing the nation’s largest solar cluster and the first plant to beat fossil fuel prices. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing 30 million people with low-cost, zero-emission energy – day and night. At Avantus, we have the scale, track record and expertise to transform our country’s energy generation to be as networked and responsive as the digital tools driving the rest of the world. Our data-driven, integrated approach to innovation propels us to continuously achieve new milestones in the renewable energy industry, delivering superior proprietary technologies and design optimization tools to lower the cost of energy for our customers. Through our industry-defining innovations and relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us.
Why Work With Us
At Avantus, we know fighting climate change is too big for anyone to do alone. That’s why we bring the brightest, most ambitious minds together in one concerted effort to leave the world better than we found it. We’re dedicated to relentlessly pursuing better by investing in our team’s next great ideas and continuously learning from each other.
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