Finance Associate

2 days ago

Houston, Texas, United States Conduit Power Full time
About the Position

Conduit Power is a leading provider of customized full-service solutions to help commercial and industrial customers lower power procurement costs and improve the uptime and reliability of delivered power.

We are seeking an experienced Finance Associate to join our dynamic team and contribute to our growth.

In this role, you will collaborate with leaders across Finance, Commercial, and Operations to support the build-out of our financial planning and analysis capabilities.

The Finance Associate will own project- and corporate-related forecasting, KPIs/dashboards, and budgeting processes to support the development, construction, financing, and operation of natural gas and Battery Energy Storage System (BESS) power plants.

This role requires a detail-oriented individual with excellent analytical and communication skills.

This is a unique opportunity to shape the finance function of a fast-growing startup in the energy transition space.

Key Responsibilities:
  • Financial Reporting and Investor Relations:
    • Prepare and distribute monthly, quarterly, and annual financial reports to management, board of directors, lenders, and other key external stakeholders.
    • Conduct detailed financial analysis to provide insights, highlighting financial performance, trends, and key performance indicators.
  • Financial Analysis:
    • Apply accounting and financial expertise to create, update, and review financial models at the project level, with support to a corporate level view.
    • Manage near-term and long-term P&L forecasts at the project and corporate level and provide ongoing variance analysis.
  • Cash flow and financial strategy:
    • Build near-term and long-term free cash flow forecasts.
    • Assist in the development and implementation of financial strategies to achieve company goals.
  • Budget Development:
    • Assist in the development of annual budgets and quarterly reforecasting, offering recommendations for cost control and efficiency improvements.
  • Cross-Functional Support:
    • Collaborate with accounting, finance, operations, and business development teams to gather financial information and support cross-functional projects.
  • Tooling and automation:
    • Help scale the Finance team's impact through the creation of better tools, templates, and internal workflow processes to support company growth.
  • Ad Hoc Analysis:
    • Conduct various ad hoc projects to support business decisions and initiatives.
    • Manage inbound requests from investors and customers.
Ideal Candidate Qualities:
  • Financial Acumen:
    • Strong understanding of accounting and financial concepts, with experience applying them.
  • Interest in Power Sector:
    • Passionate about shaping the energy transition through the power sector by developing dispatchable power projects for energy companies, data centers, EV charging, and more.
  • Professional Drive:
    • Motivated to grow with us, taking pride in delivering high-quality work.
  • Analytical
  • Communication:
    • Strong critical thinking skills with the ability to organize and communicate information clearly and compellingly.
  • Industry Familiarity:
    • Knowledge of power industry, upstream oil and gas, data centers, or EV charging a plus.
  • Adaptability:
    • Flexible and ready to tackle various tasks as part of a close-knit team in a high-growth environment.
  • Curiosity and Learning:
    • An avid learner, curious and self-driven to expand your skill set.
  • Qualifications:
    • Educational Background:
      • Bachelor's degree in accounting, finance, or a related field from a top-tier university.
    • Experience:
      • 3-5+ years of experience conducting quantitative and qualitative financial analysis in a power- or energy-focused accounting or finance role (power markets or upstream oil & gas preferred).
    • Skills:
      • Advanced proficiency in Excel and complex financial modeling; high attention to detail; strong analytical and problem-solving skills.
    • Communication:
      • Excellent verbal and written communication skills, with the ability to present financial data clearly in Excel and PowerPoint.
    • Certifications:
      • CFA or CPA designation (or partial completion) is a plus.
    • Software:
      • NetSuite or similar experience is a plus.
    What Conduit Power Offers:
    • Impactful Role:
      • Be a key player in transforming the energy industry.
    • Growth Opportunities:
      • Cross-functional development with ability to chart your own path at a small, high-growth company.
      • Access to professional development and advancement opportunities.
    • Flexible Environment:
      • Enjoy a workplace where your ideas and contributions are valued and you are able to wear multiple hats.
    • Comprehensive Benefits:
      • Health, dental, vision, life insurance, AD&D, STD, LTD, AFLAC, pet insurance, legal assistance, commuter benefits, 401(k) with company match, and paid time off.
    • Location:
      • Houston, TX
      • Hybrid (Work from home on Fridays)
    • Compensation:
      • Base salary $110,000 - $120,000 + bonus, commensurate with experience

About Conduit Power

Conduit Power provides customized full-service solutions to help commercial and industrial customers lower power procurement costs and improve the uptime and reliability of delivered power.

Conduit's offering includes turnkey design, procurement, and construction of electrical infrastructure, operations and maintenance, and market dispatch.

Conduit's innovative, reliable, and dispatchable power reduces the carbon footprint of their operations while enabling further integration of additional renewable generation into the power grid.

Conduit is a portfolio company of Grey Rock Investment Partners, a private equity firm with over $1.3 billion in assets, focused on investments in natural resources, carbon capture, industrial electrification, and power optimization.

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