Jupiter Power

Treasury Associate

Chicago, Illinois · Exec

Sponsorship not specified$90k-$100kDetected 33 days ago

AccountingForecastingExcelProcess ImprovementERPLeadershipCommunicationCollaborationProblem SolvingTime ManagementInternal Audit

About the role

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of battery energy storage assets in wholesale electricity markets. Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted
structures. Backed by BlackRock's Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of nearly 1,400 MW / 2,800 MWh in operations or under construction in the U.S., with a leading pipeline of over 12,000 MW in active development.

Own daily cash positioning and liquidity monitoring across company accounts.
Maintain company's cash flow forecasts in collaboration with finance and operating teams.
Support funding and repayment decisions under the company's credit revolver by identifying upcoming cash needs, timing considerations, and potential liquidity risks.
Independently coordinate the issuance, amendment, renewal, and termination of letters of credit and bonds with external banking partners.
Maintain complete ownership of LC and bond tracking, including remaining facility capacity, cost of security, and forecasting future costs.
Manage day-to-day relationships with the company's banking partners, serving as the primary operational point of contact.
Reporting & Management Support
Prepare and maintain concise, decision-useful treasury reporting for management, including cash balances, liquidity metrics, debt, and LC/bond exposure.
Provide ad hoc analysis and insights to support business decisions, audits, and senior management requests.
Support internal and external audits by preparing documentation and responding to inquiries.

Bachelor's degree in Finance, Accounting, or a related discipline required
Experience with Sage or similar accounting software
This role is office-based with limited travel required.
Candidates will be required to pass a pre-employment background investigation and may be subject to drug tests as a condition of employment.
Strong understanding of cash management, cash forecasting, letters of credit, and bonds.

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of battery energy storage assets in wholesale electricity markets.
In this role, you will be hands-on within the treasury function, supporting the company's liquidity, banking relationships, and financial risk management.
This position requires a self-starter who is comfortable owning day-to-day treasury operations while partnering directly with internal stakeholders and external banks.
The role combines execution, analysis, and process improvement, with meaningful visibility to leadership and direct interaction with the CFO while reporting to the VP of Financial Operations.
This role will be based out of our Chicago, IL office and is subject to our Company's return-to-office policy which currently requires a minimum of three days a week in the office.
Cash Management & Forecasting
Reconcile forecasted cash flows to actual results, investigate variances, and proactively communicate impacts to treasury and finance leadership.
Letters of Credit (LCs) & Bonds

$90,000 - $100,000
This pay range reflects the minimum and maximum target salary for the position.
Jupiter Power considers a number of factors when determining starting compensation such as the position requirements and the candidate's qualifications.
In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus and equity programs.

Jupiter Power offers a variety of other benefits including paid time off, 401k with limited matching, health benefits (medical, dental, and vision), life insurance, disability insurance, and flexible spending accounts.

Jupiter Power does not discriminate based on a candidate's race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, disability, or any other protected class.

This listing is sourced directly from Jupiter Power's careers page and normalized into a canonical job model.