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Diversity@Workplace Consulting Group Boston, United StatesThe Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Federal Home Loan Bank of Boston is committed to making New England a better place ...
Treasury Analyst - Boston, United States - Longroad Energy Partners
3 weeks ago
Description
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 1.6 GW of wind and solar projects across the United States in addition to operating and managing a total of 3.5 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 PurposeReporting to Director, Treasury, the Treasury Analyst will join a small Finance and Treasury team and will handle Treasury and Loan Compliance tasks for a fast-growing renewable energy company.
Responsibilities include monthly construction and operating draws, project financing flow of funds support, debt and interest reconciliations, tracking of compliance deliverables and covenants under the loan agreements, Letter of Credit and bond issuances as well as maintaining and updating the databases and trackers for debt, letters of credits, bonds and compliance deliverables.
Additional responsibilities including managing the processes around opening and closing bank accounts, setting up online access for team members and updating signers and user access as needed.
The Treasury Analyst will also assist in putting together policies and procedures for the Treasury team and other projects on an ad hoc basis.
ResponsibilitiesCollect and reconcile debt service invoices for construction and operating loans including principal and interest invoices, swap invoices and bank fee invoices
Verifying wiring instructions on monthly draws and gathering supporting files needed for withdrawal packages
Assist in calculating cash waterfalls at month end and quarter end for the construction and operating projects to support month end draws
Help maintain databases used by the Treasury team including the Debt tracker, Cash Balances tracker, Compliance tracker, Bond tracker and Letter of Credit tracker
Manage and process Letters of Credit applications including new issuances, increases, decreases, extensions, and expirations
Manage back and forth review of Forms of LCs and Bond Forms between issuing banks or sureties and beneficiaries
Administer bank KYC requests for new accounts and other paperwork and diligence around the opening and closing of bank accounts or updating users and signers
Set up or release wire payments
Minimum Qualifications
3+ years demonstrated experience in Treasury, Finance, Accounting.
Bachelor's degree or concentration in Accounting, Finance or related business major.
Demonstrated knowledge of treasury and cash management theories and regulations.
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.
Desired/Preferred Qualifications
Energy/power industry experience a plus.
Personal Attributes Essential for Success
A collaborative style and a can-do attitude.
Ability to self-manage and take ownership of one's work output.
Comfortable with fast paced, rapidly changing environment.
Ability to manage multiple priorities involving teams across the organization.
Ability to make informed decisions quickly.
Passionate and enthusiastic about alternative energy.
Integrity and accountability.
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 .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.
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