Finance Manager Plant Operations at Ormat Technologies, Inc. in Reno, NV, US, 89511

Job description

• This position is responsible for financial planning, optimization, reporting and forecasting of the power plant operations as part of the electricity segment operations team mission to achieve or exceed its performance and financial goals. This position requires a finance professional with excellent analytical and interpersonal capabilities, strong knowledge of cost accounting, an ability to partner with plant and corporate management, and a process improvement mindset. This position will require supervisory skill set to manage the budgeting team and be part of the Plant Operations team.

Responsibilities

• Financial planning, reporting and forecasting of Plant Operations financial performances on a monthly, quarterly, annual and ad hoc basis.
• Develop and implement AI-driven forecasting, predictive analytics, and scenario modeling capabilities to improve forecast accuracy, identify emerging risks, and support data-driven operational decision making.
• Lead initiatives with plant managers around cost reduction efforts and other improvements in plant financial results.
• . Partner with Plant Operations leadership to identify, evaluate, and execute initiatives that improve EBITDA, cash flow, reliability, and overall financial performance across the fleet.
• Evaluate capital investment proposals utilizing advanced financial modeling, risk assessment, sensitivity analysis, and AI-enabled investment analytics to ensure capital is allocated to the highest-value opportunities.
• Provide accurate and timely financial reporting of plant operations for consolidation into the corporate reports.
• Develop and oversee implementation of new financial budgeting and planning tools, including enhancements of current tools and process improvements.
• . Lead, develop, and mentor the Budget Analyst team, fostering technical excellence in financial analysis, automation, advanced Excel modeling, data analytics, AI utilization, and business partnership skills.
• Lead continuous improvement initiatives focused on process automation, AI adoption, data governance, reporting efficiency, and financial controls across Plant Operations.
• Be a key partner in the annual budgeting, long-range planning, and resource allocation processes for Plant Operations, ensuring alignment with corporate objectives and operational priorities.
• Present financial results, forecasts, strategic recommendations, and performance insights to executive leadership, translating complex financial and operational data into clear business actions.
• Develop regular reporting and analysis, including key metrics reports
• Conduct ad hoc financial modeling and analysis as required
• Serve as a strategic finance business partner across functions to drive operational excellence, financial accountability, and achievement of key performance targets.
• Must be able to travel up to 5% of the time, including international

Requirements

• BA or BS Degree in Finance, Accounting, or Engineering with MBA degree preferred
• 7+ years’ experience in financial planning, analysis, modeling and presentations
• Strong understanding of geothermal power plants, Utility, or other complex enviornment management and operations
• Development of policies and procedures, systems skills and IT collaboration for process implementation, including AI tools.
• Proficient in Microsoft Office software suite, including excel, including building financial models and ad hoc reports as required.
• Candidate must be comfortable using AI and champion its use to identify and suggest process improvements
• Ability to analyze large amounts of data and identify and clearly communicate financial trends
• Ability to read, interpret and communicate on legal and financial documents and matters
• Ability to communicate and negotiate with consultants, legal advisors, investors, vendors and auditors
• Must have strong leadership and organizational management capabilities, with a track record of building high-performing teams, influencing stakeholders, and driving strategic business results
• Must be self-directed with the ability to work under pressure
• Must have the ability to read, write and speak English at a level that will permit the employee to understand and communicate information in a manner that will enable the employee to safely and efficiently perform the job duties

Skills

Required

• Process improvement mindset
• Supervisory skill set
• Self-directed
• Ability to work under pressure
• Communication and negotiation skills
• Financial modeling
• AI tools
• Data analytics
• Advanced Excel modeling
• Automation
• Data governance