Position Summary
The position is primarily responsible for administering the requirements specified by Power Purchase Agreements (PPAs) and financial agreements. Duties will include managing monthly revenue invoicing as required by certain PPAs and the analysis, calculation and payment of federal private royalties.
Essential Functions
Manage and execute compliance requirements for all PPAs, leases, and financial agreements
Responsible for managing all revenue derived from the electricity segment (90% of Ormat's Business)
Execute and audit monthly utility invoices
Manage customer relations between utilities, land owners and government agencies
Create reports required for compliance with PPAs and financial agreements
Calculate payments of federal and private royalties for all US plants based knowledge and application of lease agreements
Analyze and distribute internal energy index reports and avoided cost reports
Manage compliance for corporate and government audits
Create monthly and annual EIA reports for all US plants
Create Electronic Quarterly Reports (EQR) for FERC market - based rate authority
Distribute insurance certificates as required by PPAs, lease agreements and financial agreements
Provide analysis for various projects as directed by the Asset Manager
Other Responsibilities
Other duties include but are not limited to any projects that may be required by PPAs, lease agreements and investors per financial agreements as well as government compliance and audit requests.
Education, Experience, and Skills Required
Bachelor's degree in finance, economics or similar degree or combination of equivalent work experience or education
Candidate must possess analytical skills and the ability to work with various departments and levels within the organization
Candidate must be proficient in Microsoft Excel and other basic computer applications
Candidate must have excellent written and oral communication skills
Candidate must have the ability to multi-task and work independently on projects that may be evolutionary in nature
Candidate must demonstrate organizational skills and be detail-oriented
Physical Requirements
The ability to work at a computer, and computer monitor, and use repetitive motion for long periods of time
The ability to occasionally lift up to 25 pounds
This position requires sitting 80% of the time and standing and walking 20% of the time