Plus Power
Corporate Debt & Treasury Operations Manager - Battery Storage
Job Summary
The role involves overseeing and administering corporate debt agreements, ensuring compliance, and managing loan reconciliations and interest calculations. The ideal candidate has experience in corporate finance, treasury, or accounting, particularly with debt management and credit agreements. They will collaborate with cross-functional teams to maintain accurate reporting and support strategic financial planning. The position emphasizes operational excellence, internal controls, and insights into debt-related workflows within a fast-growing energy storage company.
Required Skills
Benefits
Job Description
Company Overview
Plus Power is an energy storage market leader, with a market-leading 10+ GW portfolio across more than 25 US states and Canadian provinces that will transform North American electric grids into cleaner and more versatile critical infrastructure.
Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market. Plus Power’s team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.
At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power’s culture and excels through our game-changing mission and supportive ecosystem.
About the Role
Plus Power recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.
In order for the global energy system to make the transition from a carbon-based grid, to a renewable energy grid, large scale energy storage must be introduced into the electricity system to balance intra-hour supply and demand. Energy storage is the enabler of high penetration variable renewable generation like solar and wind.
We are seeking a detail-oriented and collaborative Corporate Debt & Treasury Operations Manager to join our Accounting and FP&A team. This individual will be responsible for the day-to-day oversight, compliance, and administration of the Company’s corporate credit agreements and debt instruments. The role serves as a key liaison across Accounting, FP&A/Treasury, Legal-Finance, and Project Finance teams to ensure accurate loan reconciliations, timely covenant compliance, proper interest capitalization, and comprehensive corporate debt-related reporting. In addition to supporting operational excellence, this position plays a vital role in strategic corporate financial planning and treasury activities, helping to ensure the organization’s capital structure is effectively managed and aligned with corporate objectives.
Key Responsibilities
- Maintain and administer all corporate credit agreements and ensure compliance with terms.
- Prepare and track draw requests (including preparation, review and/or delivery of conditions precedent to drawings), prepayments, maturities, interest period conversions and continuations.
- Perform loan reconciliations and validate principal and interest payments.
- Support the administration, reporting obligations, and compliance of corporate credit agreements by calculating applicable fees, monitoring covenant compliance, and maintaining effective communication with lenders among other responsibilities
- Prepare and submit compliance certificates and related documentation, as applicable.
- As new corporate credit facilities are negotiated, review and comment on term sheets and definitive documents on behalf of FP&A/Treasury, in particular with respect to matters relating to loan administration.
- Calculate and record interest costs on development-stage projects in accordance with the company’s capitalization policy.
- Assist Accounting and FP&A teams with accurate calculation and reporting of interest for inception-to-date costs by project.
- Coordinate the preparation and management of closing documentation to support the accurate and timely repayment of debt obligations.
- Manage issuance, renewal, and tracking of letters of credit and surety bonds, as needed.
- Support Accounting and Compliance Team with audits and insurance renewal by providing credit support-related documentation for corporate entities.
- Coordinate with banking partners to open and maintain bank accounts and ensure compliance with KYC requirements.
- Assist in management and investment of excess cash in accordance with company policy.
- Monitor liquidity positions and provide support in short-term cash planning.
- Prepare schedules and documentation to support due diligence and audits Assist with quarterly and annual debt disclosures.
- Assist with annual debt confirmations for audit purposes
- Support ad hoc analysis and scenario modeling related to corporate debt planning.
- Assist in evaluating refinancing opportunities, amendments, or new credit facilities.
- Develop and improve internal controls and documentation surrounding debt-related workflows.
Skills & Qualifications
- Bachelor’s degree in finance, Accounting, or related field (CPA or CFA preferred)
- 5–7+ years of experience in corporate finance, treasury, or accounting, with 3-4+ years of experience in corporate debt management
- Experience with loan administration, credit agreements, and capital project accounting
- Strong understanding of GAAP accounting for interest capitalization and debt instruments
- Proficiency with ERP systems (e.g., NetSuite) and treasury management platforms
- Experience with implementing Credit Agreement & Debt Management Systems designed to help companies manage multiple credit agreements, calculate interests, track covenants, amortization schedules, and coordinate reporting across multiple departments
- Demonstrated ability to work collaboratively and effectively in a cross-functional environment with both technical and non-technical team members who are geographically dispersed
- Ability to identify continuous improvement opportunities and take initiative to drive solutions
- Ability to uphold standards of complete discretion and confidentiality and exercise good judgment on day-to-day decisions
- Ability to effectively manage multiple priorities and deliver timely, high-quality results
- Excellent communication and interpersonal skills, with a demonstrated ability to collaborate effectively with diverse teams
- Intermediate to advanced proficiency in the Microsoft suite of tools and applications including Outlook, Word, PowerPoint, with advanced proficiency in Excel and debt modeling
Compensation, Location, and Benefits
Highly competitive total compensation from one of North America’s leading energy storage developers, owners and operators. Flexible, work from home or hybrid work from Plus Power’s offices in San Francisco, Houston, Chicago, New York, Seattle, and Palm Beach.
The expected salary range* for this position begins at $150,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual bonus program.
Plus Power offers a competitive and comprehensive benefits program, unlimited vacation, flexible remote work, work from home stipend, educational assistance, parental leave, and a highly engaging company culture with opportunities for in-person connection and learning and growth.
The deadline* for applying to this role is 08/04/2025.
Plus Power is committed to a diverse and inclusive workplace where people of all backgrounds can thrive. Plus Power is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
*This information is provided in accordance with applicable law.
Plus Power
Plus Power develops, owns, and operates battery energy storage systems that enable a more efficient and reliable electric grid
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