What are the responsibilities and job description for the Finance Associate position at Conduit Power?
About the Position
Conduit Power is on a path to supplement our nation's power generation system with dispatchable generation in ways that reduce carbon footprint and accelerate the transition to clean, renewable energy.
We're seeking an experienced Finance Associate to join our dynamic team and contribute to our growth. In this role, you'll collaborate with leaders across Finance, Commercial, and Operations to support the build-out of our financial planning and analysis capabilities. The FP&A Associate will own project- and corporate-related forecasting, KPIs / dashboards, and budgeting processes to support the development, construction, financing and operation of natural gas and Battery Energy Storage System (BESS) power plants.
This role requires a detail-oriented individual with excellent analytical and communication skills. This is a unique opportunity to shape the finance function of a fast-growing startup in the energy transition space.
Key Responsibilities :
- Financial Reporting and Investor Relations : Prepare and distribute monthly, quarterly, and annual financial reports to management, board of directors, lenders, and other key external stakeholders. Conduct detailed financial analysis to provide insights, highlighting financial performance, trends, and key performance indicators.
- Financial Analysis : Apply accounting and financial expertise to create, update, and review financial models at the project level, with support to a corporate level view. Manage near-term and long-term P&L forecasts at the project and corporate level and provide ongoing variance analysis.
- Cash flow and financial strategy : Build near-term and long-term free cash flow forecasts. Assist in the development and implementation of financial strategies to achieve company goals.
- Budget Development : Assist in the development of annual budgets and quarterly reforecasting, offering recommendations for cost control and efficiency improvements.
- Cross-Functional Support : Collaborate with accounting, finance, operations, and business development teams to gather financial information and support cross-functional projects.
- Tooling and automation : Help scale the Finance team's impact through the creation of better tools, templates, and internal workflow processes to support company growth.
- Ad Hoc Analysis : Conduct various ad hoc projects to support business decisions and initiatives. Manage inbound requests from investors and customers.
Ideal Candidate Qualities :
Qualifications :
What Conduit Power Offers :
Location : Houston, TX
Hybrid (Work from home on Fridays)
Compensation :
Base salary $110,000 - $120,000 bonus, commensurate with experience
About Conduit Power
Conduit Power provides customized full-service solutions to help commercial and industrial customers lower power procurement costs and improve the uptime and reliability of delivered power. Conduit's offering includes turnkey design, procurement, and construction of electrical infrastructure, operations and maintenance, and market dispatch. Conduit's innovative, reliable, and dispatchable power reduces the carbon footprint of their operations while enabling further integration of additional renewable generation into the power grid.
Conduit is a portfolio company of Grey Rock Investment Partners, a private equity firm with over $1.3 billion in assets, focused on investments in natural resources, carbon capture, industrial electrification, and power optimization.
Salary : $110,000 - $120,000
