Urban Grid

Director, Treasury

Urban Grid  •  Houston, TX (Hybrid)  •  6 hours ago
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Job Description

Urban Grid is a leading independent power producer (IPP) delivering reliable, utility-scale solar and storage solutions to help meet America’s unprecedented energy demand. We develop, own and operate projects that strengthen local economies through long-term partnerships and responsible land stewardship. By integrating agrivoltaics into our land management practices, we enhance soil health, support local farmers and benefit the communities we serve.

With a strong focus on execution and integrity, we are committed to being a trusted domestic energy provider and responsible corporate citizen. Urban Grid is headquartered in Houston, Texas, and operates across the United States with a growing portfolio that includes 12,000 megawatts of development assets. We continue to maintain our optionality to co-locate with battery storage based on customer demand, ensuring flexibility and responsiveness in our energy solutions.

Since becoming an IPP in 2023, we have successfully brought five solar projects online, begun construction on three additional projects and are actively advancing one gigawatt of capacity into pre-construction. To learn more, please visit www.UrbanGridSolar.com

Urban Grid is a portfolio company of Brookfield one of the world’s largest owners and operators of renewable power and climate transition assets.

The Director, Treasury will lead in the day-to-day activities of Treasury operations, bank account management, debt management, and support process improvement initiatives. The Director, Treasury will work closely with various business groups within the organization as well as interact directly with external stakeholders (banks, lawyers, vendors, etc.).

Responsibilities

· Manage the daily cash management, positioning, and payments execution

· Maintain all aspects of bank account management including the opening and closing of accounts and managing various online banking platforms

· Manage any interest rate or FX exposure through market monitoring and hedge execution

· Lead the development of the monthly flow of funds process with respect to monthly distributions including the submission of borrowing certificates, draw packages, withdrawal/transfer certificates and distribution certificates for construction projects and operational projects

· Manage and maintain the debt compliance program

· Oversee the review and update of operating cash forecasts, request draws as needed while minimizing cash on-hand on a weekly, monthly or even daily basis

· Support project financing by ensuring all treasury needs are identified and implemented in advance of transaction closings

· Hire, develop, cross train and supervise team members in the Treasury Department

· Maintain productive banking relationships with various bank stakeholders including lending, financing, and interest rate management

· Maintain relationships with the Corporate Treasury team at Brookfield Renewable and other departments within the company

· Ensure compliance with debt obligations and with internal policies and procedures in day-to-day cash management activities

· Reconcile debt service payment amounts between bank invoices and internal schedules

· Assist in maintaining an effective internal control environment with responsibility for quarterly SOX testing

· Manage collateral requirements including execution and tracking of Letters of Credit and Surety Bonds

· Special projects as assigned

· Other duties assigned

Requirements

  • Bachelor’s degree in finance, Economics, or Accounting
  • In addition to the required degree, 8-12 years of related work experience
  • Ability to work in a dynamic, fast-paced environment and to adapt quickly to changing priorities
  • Strong attention to detail; working in a conscientious, consistent and thorough manner
  • Implementation of Treasury policies and software solutions a plus
  • Strong written and verbal communication skills
  • Proficient in Microsoft Office suite.
  • Analytical and reasoning abilities combined with sound business acumen.
  • Energy industry and public company experience preferred
  • Takes the initiative to make continuous improvements as the company scales, seeking to benefit the team and company as whole.
  • Location: Hybrid in Houston, Texas (4 days in office, Fridays remote).
  • Applicants must be currently authorized to work in the United States on a full-time basis. Visa sponsorship or transfer visas, including H-1B or L-2, are not available for this position.

Benefits

Urban Grid offers an exciting benefits package, including medical, dental, vision, health savings account, flexible spending account, company-paid life insurance and short-term disability, voluntary life, and long-term disability, paid paternal leave, and a retirement plan with matching contributions. Full-time position with competitive compensation package, including bonus.

Urban Grid

About Urban Grid

Urban Grid is a leading independent power producer (IPP) delivering reliable, utility-scale solar and storage solutions to help meet America’s unprecedented energy demand. We develop, own and operate projects that strengthen local economies through long-term partnerships and responsible land stewardship. By integrating agrivoltaics into our land management practices, we enhance soil health, support local farmers and benefit the communities we serve.

With a strong focus on execution and integrity, we are committed to being a trusted domestic energy provider and responsible corporate citizen. Urban Grid is headquartered in Houston, Texas, and operates across the United States with a growing portfolio that includes 12,000 megawatts of development assets. We continue to maintain our optionality to co-locate with battery storage based on customer demand, ensuring flexibility and responsiveness in our energy solutions.

Since becoming an IPP in 2023, we have successfully brought five solar projects online, begun construction on three additional projects and are actively advancing one gigawatt of capacity into pre-construction.

Urban Grid is a portfolio company of Brookfield, one of the world’s largest owners and operators of renewable power and climate transition assets.

Industry
Energy & Utilities
Company Size
51-200 employees
Headquarters
Houston, Texas
Year Founded
2010
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