Director, Finance

Overview

Lead finance planning, analysis, and P&L management for the Electricity Segment

Key Responsibilities

• financial reporting
• process improvement
• p&l management
• financial planning
• strategic collaboration
• people development

Tasks

-Reporting & Compliance: Prepare comprehensive financial reports, manage financial audits, and ensure all activities adhere to internal controls and corporate accounting standards. -Organizational Leadership: Establish an organization wide level of leadership influence, foster a reputation as one of the key leaders and culture champions within Ormat. Engage in the development of overall electricity Segment strategy and work collaboratively with your peer group to exceed the performance goals for the organization as a whole. -Process Improvement: Drive continuous improvement in financial processes, implementing new technologies and methodologies to enhance efficiency and accuracy -P&L Management: Be accountable for the segment's financial performance, analyzing key drivers of revenue and costs, and providing regular, detailed reports to senior leadership. -Strategic Collaboration: Partner with other leaders to assess the financial impact of operational decisions and capital projects, ensuring fiscal responsibility across all departments. Ensure that as an individual and as a team you are well connected across the Electricity Segment and across Ormat more broadly for the delivery of required results. -People Development: Manage the performance and development of each member of your team to drive the performance and culture that is required. Ensure you have identified and are developing the next generation of leadership talent within your tea -Financial Planning & Analysis: Lead the development of financial models, forecasts, and budgets to support the Electricity Segment's strategic objectives and long-range planning. Consolidate corporate accounting financial results with finance operations results.

Requirements

• sap
• financial modeling
• budgeting
• cpa
• 10+ years
• leadership

What You Bring

-Site Visit Readiness: The capability to conduct site visits that may require walking on uneven terrain, climbing stairs, and standing for periods of time. -This role primarily involves office-based work, but it may require occasional travel and site visits. The ideal candidate must be prepared to handle the physical and environmental demands associated with both corporate and operational settings. -Travel: The flexibility to travel to various company sites and other business locations. This may include safely operating a motor vehicle or navigating public transportation and airports. -Experience working in a finance environmental utilizing SAP. -Skills: Expertise in financial modeling, budgeting, and forecasting. Strong analytical and problem-solving abilities. Exceptional communication skills with the ability to present complex financial data clearly to a non-financial audience. -Office & Computer Work: The ability to work for extended periods at a computer, using repetitive motions and remaining in a stationary position. -Safety Awareness: The ability to wear required protective equipment, such as a hard hat or safety glasses, in compliance with site-specific regulations. -Education: A Bachelor's degree in Finance, Accounting, or a related field is required. A Master's degree or professional certification (CPA, CFA) is highly desirable. -Experience: At least 10 years of progressive experience in finance or accounting, with a minimum of 5 years in a leadership role. Experience in the energy sector is preferred.

People Also Searched For

About Ormat Technologies, Inc.

-A leading player in renewable energy, specializing in geothermal power generation, energy storage, and recovery solutions. -Designs, develops, builds, and operates geothermal power plants and energy storage projects worldwide. -Focuses on efficiency and innovation in energy recovery, utilizing even low-enthalpy resources for energy generation. -Expanding its portfolio to include advanced energy storage solutions to complement renewable energy production.

Sector Specialisms