SkyVest Renewables (“SkyVest”) is a renewable power generation platform backed by ArcLight Capital Partners (“ArcLight”). Through affiliates of ArcLight, SkyVest acquires, operates and optimizes operating utility-scale wind, solar and BESS assets throughout the U.S., applying value-added strategies and best-in-class operations to maximize asset value. Since its launch in July 2024, SkyVest has emerged as a premier platform for operating renewable assets, growing its asset portfolio to 1,500 MW of wind and solar assets in PJM, ERCOT, CAISO, SPP and MISO. SkyVest is headquartered in Newtown, PA with offices in Houston, TX.
About ArcLight Capital Partners:
ArcLight is a leading private equity firm focused on energy and infrastructure, founded in 2001. With deep sector expertise, ArcLight has invested in more than 65 gigawatts of power generation and over 47,000 miles of transmission and distribution infrastructure, representing approximately $80 billion in total enterprise value. The firm is known for its operationally driven investment approach and maintains a large internal team alongside a network of over 2,000 asset management professionals. ArcLight has a strong track record in renewables and energy transition assets, including solar, battery storage, hydroelectric, and natural gas infrastructure.
About This Position
The Treasury Manager job duties will be to perform the cash management, liquidity analysis, debt management and compliance, credit support maintenance, insurance, bank account management, and support accounts payable for all SkyVest entities. This position will report directly to the CFO of SkyVest and will work closely with all of the finance functions at SkyVest including accounting, tax, and FP&A.
Responsibilities & Duties
- Cash and Liquidity Management
- Monitor daily cash positions across all bank accounts and entities.
- Forecast short to mid-term cash flows for all of the project companies and certain SkyVest corporate entities.
- Manage intercompany loans and funding arrangements.
- Establish and enforce liquidity thresholds and escalation protocols to protect the organization against unexpected cash shortfalls.
- Manage all of the bank accounts for all of the SkyVest entities in a admin capacity.
- Debt Management and Compliance
- Manage SkyVest’s existing debt portfolio, including term loans, leases, tax-equity and letter of credit facilities.
- Work with third party asset managers to perform compliance calculations and reporting for lender and investor compliance, including helping with the preparation of monthly withdrawal certificates
- Support the CFO with short and long-term capital planning and management.
- On an ad hoc basis, perform due diligence of the financial instruments for potential M&A targets
- Insurance
- Work closely with the CFO to manage all insurance programs at SkyVest including plant level and corporate level policies
- Coordinate placement of new and renewal of current policies and manage any claims that may arise
Preferred Background
- Bachelor’s degree in Finance, Accounting, Economics or related field
- 5+ years of progressive treasury or corporate finance experience
- Strong knowledge of cash management, capital markets, and financial instruments
- Proficient with reading and understanding debt and letter of credit documents
- Managed debt and tax equity instruments for utility scale renewable power plants
- Experience with treasury management systems (Kyriba, GTreasury, or similar)
Qualifications And Skills
- Strong analytical skills, creative problem-solving ability and attention to detail
- Advanced Excel skills with financial modelling skills required
- Certified Treasury Professional (CTP) is not required, but preferred
- Team-oriented with excellent interpersonal skills and ability to develop collaborative relationships across the organization
- Driven, self-starter with a passion for excellence
- Ability to travel
- May require extended hours
Physical And Sensory Requirements
- Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
- Position is based in either Newtown, PA or Houston, TX.
- Position requires some travel to other SkyVest and ArcLight offices, as well as to generation assets.
