America’s Premier Power Generation Company
... Creating Power for a Sustainable Future


Job Details


At Calpine, we give you the tools you need to chart your own career path in an engaging, fast-paced environment where you can learn from power industry leaders.

Whether you are a student seeking an internship that offers real-world experience, a recent graduate ready to build a rewarding career or a seasoned professional who wants to expand your horizons, Calpine provides meaningful opportunities and challenges.

Our learning and development platforms and educational reimbursement programs enable employees with initiative to explore their own potential in a dynamic and rewarding industry.

Requisition Number 22-0326
Title Treasury Analyst I
City Houston
State TX
Job Family Finance Accounting
Shift Days
Employee Type Regular
Subject to DOT Regulations No
Percent of Travel Required 0
Relocation Provided No
Location Houston Office
Description Job Summary: A strategic role in the Treasury function at Calpine, the largest generator of electricity from natural gas and geothermal resources. Candidate will assist team to execute corporate and project financings for a portfolio of 26,000 MW of capacity totaling 76 power plants across the U.S. Candidate will help track Calpine’s liquidity and collateral positions for its wholesale power operations and retail business.

Role will expose candidate to a wide variety of financial products, collateral management strategies, and uniquely structured financial offerings. Will work directly with Treasurer and individuals in the finance department with visibility to the Chief Financial Officer and other members of the executive team. Success in this role could lead to managing all financing related discrete tasks.

Includes but is not limited to the following, other duties may be assigned:

Key activities:
• Updating and maintaining all corporate and project level debt models
• Updating and maintaining project level restricted cash schedules
• Forecasting monthly cash position
• Oversight to monthly and quarterly debt covenant requirements
• Developing or improving models for debt, cash, potential financings
• Supporting financings in due diligence, models, presentation materials
• Creating presentation materials for senior management and the Board of Directors
• Preparing ad-hoc analysis for Treasury

A successful candidate will have the following:

• Ability to work under constrained deadlines with a constant workflow from multiple projects
• Solid, financial, and accounting working knowledge
• Experience as a professional with full understanding of job, company and industry practices
• Makes decisions regarding own work, often in ambiguous situations; makes recommendations regarding own function/discipline
• Solves operational problems and associated technical issues; modifies existing tools, techniques, or processes
• Works within broad guidelines; able to work independently with minimal supervision
• Strong verbal and written communication skills
Requirements • Bachelor’s Degree in Finance, Accounting, Economics, Business or equivalent.
• Journey – level; typically requires 3+ years’ experience.
  • Vaccination Information: Calpine requires an individual who is newly hired into this position to be vaccinated for COVID-19 within the first 28 days of employment - if not already vaccinated prior to starting employment. If you have any concerns regarding compliance with this requirement, you will need to discuss your concerns with Calpine’s HR department after a decision has been made about whether or not to make you a conditional offer of employment. Calpine does not require applicants to discuss vaccination status prior to receipt of a conditional offer of employment and complies with all applicable laws requiring reasonable accommodation.
  • Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
  • Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to Determination on requests for reasonable accommodation are made on case-by-case basis.
  • Please view Equal Employment Opportunity Posters provided by OFCCP here.
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