Competitive Power Ventures · 1 month ago
Financial Analyst – CPV Retail
Sugar Land, TX
Full-time
Onsite
Entry, Mid Level
2+ years expCompetitive Power Ventures, Inc. is focused on modernizing America’s power generation through innovative technologies and financial partnerships. They are seeking a motivated Financial Analyst to support financial operations and liquidity management in the retail energy market, collaborating with various teams to ensure accurate financial reporting and compliance.
Asset ManagementCleanTechElectrical DistributionEnergyRenewable EnergySolarSustainability
Responsibilities
Monitor daily cash collections, payments, balances, and facility availability through the financial portal and other financial systems
Maintain an up-to-date schedule of accounts payable with expected due dates to determine appropriate advance request amounts and ensure liquidity for energy settlements and supplier payments
Independently calculate and validate interest and factoring fees to ensure accuracy in financing costs
Partner with the accounting team to record monthly entries related to AR facilities, interest, and borrowing activities, ensuring that financial statement deliverables are accurate and on time
Maintain the cash model to show actual AR facility utilization, borrowing base status, and cash availability to management
Run and distribute weekly collateral reports, ensuring timely visibility into energy supplier, ISO, and credit support positions
Maintain and update the forecast of expected collateral requirements based on market activity, customer load, and forward positions
Monitor bonds and letters of credit for expiry dates, coordinating renewals or replacements as needed to maintain compliance with market and supplier requirements
Support the Risk Management team in the issuance and management of new collateral and credit instruments
Run and analyze month-end close reports including Labor and ODC (Other Direct Costs) budget vs. actuals, providing insight into cost drivers across retail and wholesale operations
Download and reconcile fixed cost reports and invoices, updating the budget vs. actual model and investigating variances
Provide variance explanations for significant cost movements or unexpected charges
Update and refine forecasts for upcoming months, reflecting changes in booked MWhs, pricing trends, and operational spending
Assist in preparing monthly and quarterly financial presentation materials for executive review
Support the development of management reports that summarize financial performance, cash position, and collateral status
Help transform complex data into clear, actionable insights to support strategic decision-making in a volatile energy market
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics or relevant field required
2-5 years of experience in financial analysis, treasury, or accounting, preferably in the retail energy, power, or commodities industry
Advanced proficiency in Microsoft Excel (financial modeling, pivot tables, and data analysis)
Experience with ERP or accounting systems (e.g., NetSuite, SAP, Oracle)
Strong analytical and problem-solving skills
Excellent attention to detail and accuracy
Effective communication and presentation abilities
Ability to thrive in a fast-paced, data-driven, and regulated environment
Must pass a pre-employment criminal background check and financial credit check
Preferred
Understanding of energy markets, ISO settlements, and collateral requirements preferred
Prior experience preparing and maintaining detailed budgets, forecasts, and financial outlooks, with the ability to analyze variances and provide actionable insights to management
Benefits
Competitive compensation and benefit package
Opportunity to learn the electric generation business from the industry’s leading experts and contribute to modernization of America’s power grid
Intellectually stimulating and collaborative work environment
Company
Competitive Power Ventures
Competitive Power Ventures is an electric power generation development and asset management company that creates clean energy supplies.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$19.46MKey Investors
US BankWarburg Pincus
2025-12-22Undisclosed
2021-01-24Acquired
2008-05-30Private Equity· $19.46M
Leadership Team
Paul Buckovich
Executive Vice President of Finance
Gary Lambert
Executive Vice Chairman of the Board
Recent News
2025-12-24
Company data provided by crunchbase