Director of Finance

Description:

Reporting to the CFO, The Director of Finance is responsible for developing and managing performance reporting and robust financial models for use by Line Managers, Senior Management, Directors, lenders, and shareholders in support of plant operations, business development and compliance.

Primary Responsibilities:

Economic Modeling

- Develop and maintain financial models to support strategic decision-making based on historical, current, and projected performance.

- Conduct scenario analysis to assess viability and evaluate potential outcomes to guide investment decisions and corporate transactions.

Financial Planning and Analysis

- Manage the annual budgeting process using available tools to consolidate data and feed corporate models.

- Prepare quarterly forecasts of plant generation, operating expenses, capital expenditures, and corporate expenditures in collaboration with plant, operations, and corporate staff.

- Monitor liquidity across the business and accounts to optimize corporate cash flow.

- Perform monthly EBITDA reviews and variance analyses, communicating insights to Senior Management.

Organizational Support

- Assist in preparing quarterly Board presentations, KPI reporting, and monthly performance review materials.

- Ensure timely and accurate compliance reporting, including calculation of debt service coverage ratios (DSCRs), delivery of periodic operating reports, and fulfillment of other requirements as required by lenders and shareholders.

- Help maintain strong lender relationships through proactive communication and updates.

- Assist in driving process improvements to enhance operational efficiency.

Requirements:

- Bachelor’s degree or higher in Finance, Accounting, or related field

- Robust knowledge of accounting and its integration with finance and cash flow

- Advanced proficiency in Excel and PowerPoint

- Solid understanding of financial modeling best practices

- Valid driver’s license and acceptable motor vehicle record

- Ability to travel domestically up to 10%

- Ability to sit and work at a computer for extended periods

- Occasional work outside of normal hours and ability to lift up to 20 pounds

Preferred Qualifications

- MBA or MS in Finance

- Experience in Energy, Investment Banking, and/or Private Equity

- Experience with NetSuite or other similar ERP systems

- Experience with Tableau, Power BI, Coefficient, or similar reporting tools

Location:

- On-site position based in Salt Lake City, Utah

What we offer:

Multiple medical, dental, and vision plans, 401(k) with an immediate 5% company match and no vesting requirement, annual bonus program, company paid short- and long-term disability insurance, pay holidays, paid time off, paid parental leave, and more.

Who is Cyrq Energy?

Cryq Energy’s mission is to harness the heat of the earth to create clean energy while pursuing the highest standards of health, safety, and sustainability. We believe in a future fueled by renewable energy and are driving the transition to that vision. Our primary values are:

- Safety - Ensuring everyone goes home the way they arrived.

- Respect - For each other and the planet.

- Personal Accountability - A sense of urgency and desire to learn from mistakes.

- Results-orientation - Being resourceful, rigorous, and responsive.

- Collaboration - Through teamwork across geographies and functions.