RWE Americas, LLC
To start as soon as possible, full time, permanent

Functional area: Finance / Controlling
Remuneration: Exempt

The Corporate Finance Team within RWE Americas, LLC (RWEA) provides treasury operations across all operating businesses in the Americas, technologies, and policies. The key team activities include cash and liquidity management, bank account management, and collateral management.

The ideal candidate will have an understanding of treasury functions and strict attention to detail. Partnering with more senior team members, the Corporate Finance Associate will learn the details of RWEA's processes and is expected to take on collateral issuing, management, and reporting obligations as well as collateral issuance/tracking. In addition, backing up other Corporate Finance processes may be necessary, however this role primarily focuses on collateral management. The role requires regular interaction with various other departments within the company to ensure effective functioning of the business.

Role Responsibilities:

Collateral Management (primary):

• Support operational execution of bank guarantee issuance (letters of credit, bonds) in coordination with business owners, parent company, and banks
• Ensure acceptability of language/terms to RWE and banks
• Enforce process discipline and controls on the business
• Build effective relationships with banking partner staff and develop mutual trust
• Run (and potentially build) relevant reports for the Corporate Finance team based on team-managed and system (e. g. Guarantee Management System or SAP) data
• Process collateral related invoices utilizing internal ERP system and payment procedures
• Identify process improvement opportunities in all areas of responsibility

Cash & Liquidity Management (secondary):

• Assist with the regular liquidity forecasting process and data management, e.g. preparational work on raw data
• Regularly review cash balances and zero balance account functionality to ensure against overdrafts
• Assist daily payment processing across all payment types, e.g. ACH, Wire, & Check

Banking Management (secondary):

• Manage opening of new bank accounts and adherence to internal entity cash flow structure
• Support day-to-day management of banking operations and interface with our partner banks
• Maintain internal database of bank account authorized signers and execution of change requests.

Job Requirements and Experience:

• Bachelor's or higher degree in Finance, Accounting, or related field with a strong academic record required
• Minimum 1 year of experience in a large operating company or bank, preferably in treasury operations or related field
• Experience with TMS
• Proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
• Educational or professional background in energy business can be helpful
• Demonstrated desire to learn about RWE and the renewables space
• Customer service mindset and ability to communicate clearly to people without subject matter expertise
• Strong organization skills and ability to coordinate multiple tasks and deliverables
• Ability to work both independently on tasks and collaborate with the team on cross-functional projects
• Motivated self-starter, goal-oriented, and strong problem-solving abilities
• Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
• Eagerness to learn, grow, and shape the role to best help the business
• Commitment to understanding the finer points of collateral and Corporate Finance

Applicants must be legally authorized to work in the United States. RWE Americas is unable to sponsor or take over sponsorship of employment visas at this time.

Pay range: The annual base salary range for this position in Illinois is $74,000 - $90,000. The listed salary range represents our good faith estimate for this position and represents the range for new hire salaries across all U.S locations. Please note that the salary information is a general guideline only. RWE considers factors such as (but not limited to) scope and responsibilities of the position, candidate's education & work experience, training & certifications, and key skills as well as market and business considerations at the time of the offer.

Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Eligible employees also participate in short-term incentives, in addition to salary.

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Any questions? Contact HR: [email protected]

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