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Ormat Technologies

Treasury Analyst

Join Ormat Technologies in the US as a Treasury Analyst supporting finance and cash management. This role handles credit agreements, financial reporting, and cash flow analysis. Benefit from a family-oriented culture focused on green energy solutions and opportunities to work on impactful projects.
Ormat Technologies
Ormat Technologies United States Remote Full time UTC-05:00 — UTC-08:00

Ormat Technologies

Company Overview

Ormat Technologies Inc.

Reno, NV, United States

1965

Approximately 2,000-5,000 employees globally (source: salestools.io). Revenue exceeding $1 billion annually (source: salestools.io).

What They Do

Ormat Technologies focuses primarily on geothermal power generation, utilizing proprietary binary cycle technology through the Ormat Energy Converter (OEC). This innovative system operates on a closed-loop mechanism where geothermal brine heats a secondary fluid with a low boiling point, enabling turbines to generate power without emissions. This technology allows Ormat to harness lower-temperature geothermal resources, ranging from 150°F to 300°F, making it a leader in the geothermal sector with over 3,200MW of geothermal and recovered energy generation (REG) equipment supplied globally since the 1980s. The company holds a commanding market share of over 70% in binary geothermal technology, supported by more than 100 patents (source: ormat.com, wikipedia.org).

Projects & Track Record

Ormat has developed over 190 power plants with a total installed capacity of 3,200MW, showcasing its extensive experience in the geothermal sector. Notable projects include the 36MW Heber Complex in California, the 150MW Olkaria III in Kenya, and the 50MW Leyte Optimization in the Philippines. The company has also made significant strides in the U.S. market, achieving a capacity of 1,300MW by 2010 through a combination of development, construction, and acquisitions. Recent completions include the Rabbit Hill Battery Energy Storage System in Texas, marking Ormat's first project in the state, and the acquisition of the Pomona Energy Storage Facility in California, which represents its first foray into energy storage in that region (source: ormat.com, wikipedia.org).

Recent Developments

In the past two years, Ormat has made significant advancements, including the announcement of a Plain Bearings Turbine innovation on September 11, 2024, which aims to enhance geothermal efficiency. The company also partnered with SLB on June 24, 2024, to deliver integrated geothermal project solutions, further solidifying its position in the market. Additionally, Ormat celebrated key milestones in energy storage on April 18, 2024, including the Wrise Event for Women in Renewable Energy in Nevada and the Cove Fort tour, which highlighted permitting reforms. While no major acquisitions or mergers have been reported since 2021, Ormat is actively targeting to double its energy storage capacity to 600-670MW/1.5-1.7GWh by the end of 2025, supported by U.S. Investment Tax Credit (ITC) incentives (source: ormat.com, investmentreports.co).

Working There

Ormat Technologies offers a diverse range of roles across various departments, including engineering (software, infrastructure, geothermal turbines), product management and design, sales and marketing, operations, finance, HR, and executive positions. The company actively hires at its Reno headquarters, as well as in Sparks, NV, and globally in locations such as Indonesia and Kenya. The company culture emphasizes innovation, collaboration, and continuous learning, with a focus on employee well-being. The Reno headquarters features modern amenities such as open-plan offices, collaboration spaces, high-speed technology infrastructure, fitness and wellness rooms, cafeterias, and lounges, all designed to foster both focused work and teamwork (source: salestools.io).

Last updated on 2026-02-23 | Report an issue

We take pride in our family-oriented business building practical green energy solutions from the ground up.

Join a team that's giving new life to the future of our planet.

Overview

This position is part of the responsibilities of the treasury team and supporting US Finance.

Responsibilities

  • Responsible for compliance with credit facility agreements, partnerships and tax equity agreements.
  • Responsible for quarterly financial covenant calculations, reporting the lenders.
  • Cash management of bank accounts related to finance agreements, debt service payments, distributions, cash transfers.
  • Cash flow reporting - budget and actual.
  • Maintains SOX documentation for related responsibilities.
  • Responsible for various Treasury reports.
  • Setting up LOC's / SBLOC's / surety bonds.
  • Complete special projects and other duties as assigned.

Requirements

  • A Bachelor's Degree in Finance, Accounting or related field or the equivalent combination of experience and education.
  • 3 - 5 years' experience in treasury / finance related field.
  • SAP knowledge / experience preferred.
  • Must have excellent written and oral communication skills.
  • Must have excellent interpersonal skills.
  • Must be able to understand and summarize financing contracts.
  • The ability to maintain confidentiality and deal with company proprietary information.
  • Must be team-oriented and demonstrate the ability to work with cross functional teams.
  • Must have the ability to work independently.
  • Must be able to use and acquire knowledge of a variety of computer software applications in word processing, spreadsheets, database and presentation. Must be proficient in MS Word, Excel, Power Point and use of the internet.
  • Must have the ability to communicate at a level that will enable the employee to safely and efficiently perform the job duties.

Physical Requirements

  • The ability to work at a computer and computer monitor and use repetitive motion for long periods of time.
  • This position requires sitting 80% of the time and standing and walking 20% of the time.
  • The ability to occasionally lift up to 20 pounds.

Apply now

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About the role

March 13, 2026

Full time

Company

March 13, 2026

Remote

Solar Energy , Wind Energy , Hydropower , Bioenergy , Energy Storage , Tidal and Wave Energy , Geothermal Energy , Hydrogen

Ormat Technologies

ormat.com

  •  United States

3 - 5 years

UTC-05:00 — UTC-08:00

Tags

SAP · Compliance · Treasury Management · Accounting & Finance