Finance Manager
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 Feb 23, 2026 | Report an issue
Job Description
This position is responsible for overseeing all financial activities of the organization, managing financial reporting, budgeting, forecasting, and ensuring compliance with regulations.
Responsibilities
- Responsible for financial reporting, including monthly, quarterly and annual close of the financial statements.
- Ensure accurate and timely reporting to Corporate headoffice in accordance with accounting standards and regulatory requirements.
- Develop and manage financial models and forecasts for projects, considering factors like exploration costs, drilling expenses, power plant construction, and operational expenditures.
- Develop and manage annual budgets, ensuring adherence to financial targets.
- Manage audits and ensure compliance with tax laws and regulations.
- Maintain accurate financial records and documentation.
- Monitor contract compliance and ensure accurate invoicing and payments.
- Manage and monitor all company bank accounts, ensuring accurate records and balances.
- Familiarity with project finance and renewable energy incentives is highly valuable.
- Ensure compliance with financial regulations.
- Conduct financial analysis and provide strategic recommendations.
Requirements
- A bachelor's degree in Finance and Accounting, with minimum 8 years (a master's degree is a plus).
- Familiarity with SAP ERP Software.
- Proficiency with Ms. Excel.
- Strong financial modeling and analysis skills.
- Ability to prioritize and plan work activities so time is used efficiently and effectively.
- Must demonstrate accuracy and thoroughness to ensure quality performance.
- Knowledge of accounting principles and financial regulations.
- Ability to identify and resolve problems in a timely manner to meet internal deadlines.
- Candidate must possess capability to manage large volumes of data through general ledger and financial statement preparation in a multiple company environment.
- CPA (Certified Public Accountant) a must.
- Fluent in English.
- Have background experience in the renewable industry (geothermal or oil and gas is preferred).
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.
Apply now
Job expired?Please let Ormat Technologies know you found this job on Rejobs. This will help us grow and get more people to work on renewable energy!
Apply now
Job expired?Please let Ormat Technologies know you found this job on Rejobs. This will help us grow and get more people to work on renewable energy!
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About the role
April 6, 2026
Full time
Company
- South Jakarta, DKI Jakarta, Indonesia
Minimum 8 years
UTC+07:00
