Cyrq Energy

Director of Finance

Join Cyrq Energy in Salt Lake City as Director of Finance. Lead financial modeling, budgeting, and reporting to support renewable energy projects. Enjoy comprehensive benefits including 401(k) with company match and paid parental leave.
Cyrq Energy
Cyrq Energy
Salt Lake City, Utah, United States On-site Full time USD 140k–183k yearly UTC-07:00

Cyrq Energy

Company Overview

Cyrq Energy, LLC

Salt Lake City, UT, United States

2007

Approximately 100 employees (source: zoominfo.com).

What They Do

Cyrq Energy focuses on geothermal power generation, leveraging advanced technologies to provide reliable renewable energy solutions. The company operates geothermal power plants using closed-loop systems that extract hot geothermal water, generating electricity through organic Rankine cycle (ORC) or combined cycle technology. This innovative approach minimizes water consumption and contamination by re-injecting the geothermal water back into the earth. Additionally, Cyrq is expanding its portfolio to include photovoltaic (PV) solar projects and energy storage solutions, positioning itself as a provider of 24/7 baseload renewable energy that is less dependent on weather conditions (source: zoominfo.com).

Projects & Track Record

Cyrq Energy owns and operates a fleet of six geothermal projects and one large co-located solar project, primarily located in California, New Mexico, Utah, and Nevada. Notable projects include the Lightning Dock Geothermal plant in Animas Valley, New Mexico, which was built in 2013 at a cost of $43 million and has a capacity of 10-12 megawatts. This facility achieved full production targets by spring 2020 after operational adjustments, including the drilling of new injection wells. Another significant project is the Thermo No. 1 geothermal site, which is part of its operational assets. Cyrq has a proven track record of revitalizing underperforming geothermal sites, such as Patua and Blue Mountain, enhancing their operational efficiency and output (source: thinkgeoenergy.com).

Recent Developments

In the past two years, Cyrq Energy has not made any major announcements regarding new contracts, acquisitions, or significant funding rounds. However, the company has been focusing on operational stabilizations, particularly achieving full capacity at the Lightning Dock facility. A recent job posting for a VP of Operations indicates ambitions for fleet expansion over the next decade, although no new project completions or financial events have been reported. The granting of a patent in May 2023 for a technology related to thermal energy storage marks a technical milestone for the company (source: cbinsights.com).

Working There

Cyrq Energy offers a variety of roles primarily in operations, engineering, resource management, and maintenance. The company is currently seeking a VP of Operations, which requires significant experience in power plant management and involves overseeing budgets and operational efficiency. Other positions include O&M Technicians and plant managers, focusing on daily operations and geothermal field optimization. The company culture emphasizes safety, professional growth, and hands-on management, reflecting its commitment to maintaining high-availability plants. While specific employee benefits are not detailed, the company promotes a proactive approach to employee safety and development (source: thinkgeoenergy.com).


Last updated on Feb 25, 2026 | Report an issue

Job Description

Reporting to the CFO, The Director of Finance is responsible for developing and managing performance reporting and robust financial models for use by Line Managers, Senior Management, Directors, lenders, and shareholders in support of plant operations, business development and compliance.

Primary Responsibilities

Economic Modeling

  • Develop and maintain financial models to support strategic decision-making based on historical, current, and projected performance.
  • Conduct scenario analysis to assess viability and evaluate potential outcomes to guide investment decisions and corporate transactions.

Financial Planning and Analysis

  • Manage the annual budgeting process using available tools to consolidate data and feed corporate models.
  • Prepare quarterly forecasts of plant generation, operating expenses, capital expenditures, and corporate expenditures in collaboration with plant, operations, and corporate staff.
  • Monitor liquidity across the business and accounts to optimize corporate cash flow.
  • Perform monthly EBITDA reviews and variance analyses, communicating insights to Senior Management.

Organizational Support

  • Assist in preparing quarterly Board presentations, KPI reporting, and monthly performance review materials.
  • Ensure timely and accurate compliance reporting, including calculation of debt service coverage ratios (DSCRs), delivery of periodic operating reports, and fulfillment of other requirements as required by lenders and shareholders.
  • Help maintain strong lender relationships through proactive communication and updates.
  • Assist in driving process improvements to enhance operational efficiency.

Requirements

  • Bachelor's degree or higher in Finance, Accounting, or related field
  • Robust knowledge of accounting and its integration with finance and cash flow
  • Advanced proficiency in Excel and PowerPoint
  • Solid understanding of financial modeling best practices
  • Valid driver's license and acceptable motor vehicle record
  • Ability to travel domestically up to 10%
  • Ability to sit and work at a computer for extended periods
  • Occasional work outside of normal hours and ability to lift up to 20 pounds

Preferred Qualifications

  • MBA or MS in Finance
  • Experience in Energy, Investment Banking, and/or Private Equity
  • Experience with NetSuite or other similar ERP systems
  • Experience with Tableau, Power BI, Coefficient, or similar reporting tools

Location

  • On-site position based in Salt Lake City, Utah

What we offer

Multiple medical, dental, and vision plans, 401(k) with an immediate 5% company match and no vesting requirement, annual bonus program, company paid short- and long-term disability insurance, pay holidays, paid time off, paid parental leave, and more.

Who is Cyrq Energy?

Cryq Energy's mission is to harness the heat of the earth to create clean energy while pursuing the highest standards of health, safety, and sustainability. We believe in a future fueled by renewable energy and are driving the transition to that vision. Our primary values are:

  • Safety - Ensuring everyone goes home the way they arrived.
  • Respect - For each other and the planet.
  • Personal Accountability - A sense of urgency and desire to learn from mistakes.
  • Results-orientation - Being resourceful, rigorous, and responsive.
  • Collaboration - Through teamwork across geographies and functions.

Salary Description

$140,000 - $183,000

Apply now

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About the role

June 3, 2026

Full time

Company

June 3, 2026

On-site

USD 140k–183k yearly

Geothermal Energy

Cyrq Energy

cyrqenergy.com

  •  Salt Lake City, Utah, United States

Bachelor's degree or higher in Finance, Accounting, or related field; preferred MBA or MS in Finance.

UTC-07:00