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Corporate Debt & Treasury Operations Manager - Battery Storage

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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. 

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.     

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 07/04/2025. 

 

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.

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CALIFORNIA PRIVACY NOTICE TO JOB APPLICANTS

Plus Power Services LLC and/or any affiliated entities (collectively, the “Company”) provide this California Privacy Notice (“Notice”) to describe our privacy practices with respect to our collection of Personal Information as required under the California Consumer Privacy Act of 2018 (“CCPA”). This Notice applies only to job applicants and candidates for employment who reside in the State of California (“Consumers”) and from whom we collect “Personal Information” as described in the CCPA. We provide you Notice because under the CCPA, California residents who are job applicants qualify as Consumers. For purposes of this Notice, when we refer to Consumers, we mean you only to the extent you are a job applicant of the Company who resides in California.

The Company collects and uses Personal Information for human resources, employment, benefit administration, health and safety, and business-related purposes and to be in legal compliance. For the purposes of this Notice, Personal Information does not include publicly available information from government records, or de-identified or aggregated consumer information. Below are the categories of Personal Information we may collect:

  • Protected Classifications, such as your sex, sexual orientation, gender identity, religion, age, date of birth, race, ethnic origin, marital status, disability, medical or mental condition, familial status, and veteran or military status.
  • Personal Identifiers and Contact Information, such as full name, alias, postal or mailing address, email address, telephone numbers, driver’s license or state identification card number, candidate ID number, username and passwords for Company accounts and systems, SSN, passport and visa information, immigration status and documentation, and emergency contact information.
  • Pre-Hire Information and Educational/Professional Background, such as work history, academic and professional qualifications, educational records, references, interview notes, job application, resume, background check results, drug test results, candidate evaluation records and assessments, work samples, voluntary disclosures, and Wage Opportunity Tax Credit (WOTC) information.
  • Profiles or Summaries, regarding an applicant’s preferences, characteristics, opinions, attitudes, and/or aptitudes.

 The Company collects the Personal Information listed above to use or disclose as appropriate to:

  • Fulfill or meet the purpose for which you provided the information.
  • Comply with all applicable laws and regulations, including but not limited to local, state, and federal law and regulations requiring employers to maintain certain records (such as immigration compliance records, travel records, personnel files, wage and hour records, payroll records, accident or safety records, and tax records), as well as local, state, and federal law, regulations, ordinances, guidelines, and orders relating to COVID-19.
  • To evaluate your job application and candidacy for employment.
  • Obtain and verify background check and references.
  • Communicate with you regarding your candidacy for employment.
  • Fulfill other purposes as reasonably determined in the Company’s discretion.
  • Promote and foster diversity and inclusion in the workplace.
  • Investigate and enforce compliance with and potential breaches of Company policies and procedures.
  • Perform workforce analytics, data analytics, and benchmarking.
  • Administer and maintain the Company’s operations, including for safety purposes.
  • Exercise or defend the legal rights of the Company, its employees, affiliates, customers, contractors, and/or agents.

If you have any questions about this Notice or need to access this Notice in an alternative format due to having a disability, please contact recruiting@pluspower.com or call (832) 585-1238.

Candidate Demographics

We invite applicants to share their demographic background. If you choose to complete this survey, your responses will remain confidential and summary data may be used to identify areas of improvement in our hiring process.

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