Copia Power (“Copia”) is a Carlyle-backed energy and digital infrastructure platform that develops, constructs, and operates large-scale assets across the U.S. to accelerate the electrification and growth of the digital economy. Copia Power has over 2,600 MW of energy generation and storage assets in operation or under construction and is actively developing over 15 GW of grid-connected data centers supported by Copia’s portfolio of gigawatt-scale energy campuses comprising more than 25 GW of solar and storage and 7 GW of natural gas generation assets.

At Copia, we pride ourselves on a culture where sustainability is at the heart of everything we do. We are dedicated to making a meaningful impact on the environment, and we believe that achieving this goal requires not just hard work but also enjoying the journey. Our team thrives on connectivity, fostering strong relationships across all levels of the organization. Together, we combine passion and playfulness to drive progress and make a difference.

Job Description:

Copia is seeking a Associate, Treasury to support our rapidly growing renewable energy, storage, thermal generation and data center project pipeline. The ideal candidate will be responsible for cash and collateral forecasting, letters of credit and surety bond issuances, and implementing treasury technology. This role requires a strong understanding of the industry and advanced modeling skills.

The Associate, Treasury will report directly to the Senior Manager, Treasury & Tax working closely with Copia’s accounting, finance, EPC, development, and legal teams in an individual contributor capacity.

Key Responsibilities:

Liquidity Forecasting & 13-Week Cash Flow: Own the rolling 180-day liquidity forecast and scenario modeling. Run the weekly 13-week cash flow process, including variance analysis.
Collateral Forecasting: Forecast LC and bond needs across the pipeline, partnering with Development and Transmission on generation and load interconnection milestones, and with Energy Markets on offtake and gas supply.
Letters of Credit & Surety Bonds: Manage LCs and bonds from issuance through amendment, tracking, and release.
Credit Facilities & Commitment Tracking: Support corporate revolver borrowings, compliance, and lender reporting. Track commitments and available capacity across all facilities.
Interest Rate Swaps: Support swap administration, including settlement validation and coordination with Capital Markets and Accounting on quarterly cash flows.
Counterparty Exposure & Cash Investment: Monitor bank and financial counterparty credit ratings and exposure. Recommend investment of excess cash within Copia’s guidelines.
Bank Relationships & Share of Wallet: Track share of wallet and bank fees across Copia’s banking group to support bank relationship management.
Bank Account Administration: Manage bank account openings, closings, KYC, and signatory updates across corporate and project entities.
Monthly & Quarterly Reporting: Prepare monthly and quarterly treasury reporting for senior leadership and Copia’s sponsor.
Treasury Technology: Lead the evaluation of treasury management systems and develop a roadmap for treasury technology and automation.
Documentation & Audit Readiness: Document treasury processes and controls and lead Treasury’s response to audit and diligence requests.
Review & Controls: Serve as first-level reviewer of Treasury Analyst work, including payment runs and withdrawal certificates.

What We Look For:

Resourcefulness and polite persistence.
Ability to work effectively within a rapidly changing organization.
Demonstrated collaborative partnerships with peers, management, and vendors.
Ability to recognize and solve business problems by connecting the dots to quickly isolate trends and issues.
Knowledge of renewable and thermal energy project development, interconnection, and power markets.
Ownership mindset with the ability to drive deliverables to completion across multiple teams and external counterparties.
Excellent oral and written communication skills, including the ability to present analysis and recommendations to senior leadership.
Exposure to collateral management, margining, commodity hedging, interest rate swaps and ISDA documentation, or credit facility administration a plus.

Minimum Qualifications:

3+ years of experience in corporate treasury at a renewable developer or IPP.
Bachelor's degree in finance, accounting, economics, or a related field Required. CTP a plus.
Advanced Excel and financial modeling skills. Experience with Power BI, treasury management systems, or process automation tools are a plus.
Demonstrated experience with cash forecasting, letters of credit and surety bonds, and project finance structures such as construction loans, term loans, and tax equity, including familiarity with credit agreements, reporting requirements, and cash waterfalls.
Working knowledge of U.S. GAAP as it applies to cash, debt, and collateral, as well as treasury internal controls and bank KYC requirements.
Proven experience with Microsoft Office, including advanced proficiency in PowerPoint & Excel
Ability to work in the Salt Lake City, UT office a minimum of 3 days per week.
Ability to travel up to 25%.
Applicants must be authorized to work in the United States without employer sponsorship.

We are partnering with select search firms for this role and are not accepting inquiries or candidates from additional third-party agencies or recruiters.

Compensation: 

At Copia, we carefully consider a wide range of factors when determining compensation, including your skills, qualifications, location, and experience. This role may also be eligible for benefits, performance bonuses, and other perks. We encourage all interested candidates to apply.    

Our Benefits:  

At Copia, we prioritize diversity and inclusion, fostering an environment where everyone can be their true selves every day. Our commitment extends to providing comprehensive benefits to all employees, such as: 

Medical, Dental & Vision Coverage (with no premiums) 
Company contribution to 401(k) plans 
Annual bonus eligibility 
Flexible work hours 
Unlimited paid time off for a healthy work-life balance 
Paid holidays to celebrate and recharge 
Wellness and cell phone credits to support personal well-being 
Life and AD&D insurance for peace of mind 
Employee Resource Groups (ERGs) for community and support 
Opportunities for professional development to grow and thrive within the company

We believe that by fostering a culture of inclusivity and offering these benefits, we empower our employees to thrive both personally and professionally. 

About Copia:

Copia Power (“Copia”), is a wholly owned portfolio company of the global investment firm, The Carlyle Group. Copia’s platform is focused on developing, owning, and operating utility-scale sustainable infrastructure in the United States. We value diversity and are committed to creating an inclusive environment for all employees. For more information, visit www.copiapower.com.  

At Copia, we value diversity and are an equal opportunity employer by choice. We consider all qualified applicants equally for employment & do not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation. 

Copia Power

Associate – Treasury

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Copia Power

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