Contract Analyst

Reno · On-site

About this role

Position Summary

The Contract Analyst, under the direction of the Director of Commercial Operations, is primarily responsible for administering the requirements specified by Power Purchase Agreements (PPAs), federal and private land leases, as well as Generator Interconnection Agreements (GIAs). Duties will include managing monthly revenue invoicing as required by certain PPAs, as well as the analysis and calculations of the federal and private royalties.

 

 

 

Essential Functions

  • Manage and execute compliance requirements for all PPAs, leases, and interconnection 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, as needed.
  • Calculate payments of federal and private royalties for all US plants. Build and maintain knowledge and familiarization of applicable 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. NEW ESSENTIAL FUNCTION
  • Provide analysis for various projects as requested by the Director of Commercial Operations.

 

 

 

Other Responsibilities

  • Other duties and projects as assigned by management, including, but 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 able to use and acquire knowledge of a variety of computer software applications in work process, spreadsheets, database, and presentation. Must be proficient in MS Word, Excel, Power Point, effective use of the internet, 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.
  • Candidate must be comfortable using AI and champion its use to identify and suggest process improvements.
  • Proficiency in SAP is preferred.

 

 

 

Physical Requirements

  • Must be able to work in an office environment and have 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 15 pounds.
  • This position requires sitting 80% of the time and standing and walking 20% of the time.
  • Occasional travel to power plant sites, with the ability to travel for long distances by car and air.

 

 

 

Company at a glance

With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”) as well as Energy storage solutions, with the objective of becoming a leading global provider of renewable energy.
Ormat designs, manufactures, operates, owns, and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. With 77 U.S. patents, Ormat’s power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has over 1,400 employees around the world.
Ormat’s flexible, modular solutions for geothermal power, Waste heat (REG), and Energy storage are ideal for a vast range of resource characteristics. The Company has engineered, manufactured, and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling over 3,200 MW of gross capacity. Ormat’s current 1,100 MW generating portfolio is spread globally in Kenya, Guadalupe, Guatemala, Indonesia, Honduras, and the United States. Ormat expanded its operations to provide energy storage solutions by leveraging its core capabilities, global presence, and experience in the energy market.
Ormat's mission is to generate, deliver, build, and distribute clean, efficient, reliable, and environmentally sound manner energy.
We want to become a leading global provider of renewable energy while building a geographically balanced portfolio of geothermal, recovered energy, and storage assets.
We believe in renewable, green energy solutions for a sustainable future!
WON'T YOU JOIN US?

Founded1965
Team Size1,001-5,000 employees
WorkspaceOn-site
IndustryEnergy Technology
Location
Washoe County, Nevada, United States
Websiteormat.com
LinkedInLinkedIn

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