Recurrent Energy

Treasury Manager

Join Recurrent Energy in Austin, Texas as a Treasury Manager. Manage bank relationships, loan draws, and cash operations while ensuring SOX compliance. Benefit from a dynamic, entrepreneurial environment and collaborate with diverse teams in renewable energy finance.
Recurrent Energy
Recurrent Energy Austin, Texas, United States On-site Full time UTC-05:00

Recurrent Energy

Company Overview

Recurrent Energy, a wholly-owned subsidiary of Canadian Solar Inc.

Austin, TX, United States

2006

Approximately 1,000 employees and generated $699.2 million in revenue (source: zoominfo.com).

What They Do

Recurrent Energy specializes in the development, ownership, and operation of utility-scale solar photovoltaic (PV) projects and battery energy storage systems (BESS). The company focuses on delivering clean and reliable power through a comprehensive approach that includes full lifecycle management of large-scale solar farms and storage facilities. This encompasses development, engineering-procurement-construction (EPC) partnerships, financing, power purchase agreements (PPAs), and long-term ownership and operations, showcasing their expertise in the renewable energy sector (source: cbinsights.com). Recurrent Energy primarily targets large energy buyers, including utilities and corporations like Microsoft and Arizona Public Service (APS), who require competitive renewable electricity solutions (source: recurrentenergy.com). The company has established itself as one of the largest and most geographically diversified platforms in the utility-scale solar and storage market, leveraging its in-house team of energy experts and integration with Canadian Solar's manufacturing capabilities.

Projects & Track Record

Recurrent Energy has a strong portfolio of notable projects, including the 127 MWdc Bayou Galion Solar project located in Morehouse Parish, Northeast Louisiana. This project began development in 2018, commenced construction in December 2023, and is expected to reach operational status by fall 2024 under a PPA with Microsoft (source: recurrentenergy.com). Additionally, the company has ongoing major projects involving tolling agreements with APS for 1,800 MWh of energy storage and 150 MWac of solar capacity delivery by 2026, which will significantly contribute to Arizona's energy expansion (source: zoominfo.com). Recurrent Energy's client base includes major players like Microsoft and APS, and it has established partnerships with firms such as MUFG for financing and Primoris Renewables for EPC services on the Bayou Galion project.

Recent Developments

In recent years, Recurrent Energy has made significant strides in project financing and partnerships. On February 6, 2024, the company announced the closing of $160 million in project financing from MUFG for the Bayou Galion Solar project, securing Microsoft as its PPA customer, which marks a pivotal moment in their project ownership strategy (source: recurrentenergy.com). Furthermore, on October 31, 2024, Recurrent Energy signed tolling agreements with APS for the delivery of 1,800 MWh of storage and 150 MWac of solar capacity by 2026 (source: zoominfo.com). The company has also achieved milestones such as the Mannum BESS in Australia receiving AEMO MMS registration for testing and commissioning, further solidifying its presence in the renewable energy market.

Working There

Recurrent Energy offers a diverse range of roles across various departments, including development, engineering, procurement, construction oversight, financing, operations, and power services. The organizational structure features key positions such as CEO Ismael Guerrero and a President of Power Services, reflecting a commitment to project development and community engagement (source: recurrentenergy.com). The company primarily hires for its Austin, Texas headquarters, with opportunities arising from projects in locations like Louisiana and Arizona. Recurrent Energy emphasizes a culture of long-term community partnerships, focusing on local hiring and collaboration with stakeholders to foster positive impacts in the areas where they operate (source: recurrentenergy.com). While specific benefits are not detailed, the scale of the company and its parent organization suggest competitive industry-standard packages for employees.

Last updated on Feb 23, 2026 | Report an issue

Job Description

The selected candidate will be a member of Recurrent Energy's Corporate Finance team reporting to the Financial Controller. This role will be responsible for the bank administration and relationship management, preparing and coordinating loan draw packages, preparing bank account reconciliations and cash accounting entries and taking care of all cash related duties.

Responsibilities

  • Bank administration. New bank account and user set up, bank account maintenance, remove/add user access.
  • Bank relationship management. Interface with banking partners to resolve issues or implement new products.
  • Approve wire transfers, checks and ACH payments. Execute internal bank transfers as needed.
  • Create journal entries for internal bank transfers, interest accruals and amortization of financing costs.
  • Prepare bank account reconciliations and follow up on outstanding items.
  • Approve requests to set up new vendors. Verify payment details.
  • Support weekly cash positioning and forecasting.
  • Prepare new letters of credit and maintain forecast and capacity report.
  • Prepare and coordinate monthly loan draw packages and loan term conversions.
  • Review new credit and depositary agreements and identify treasury related obligations.
  • Ensure adherence to SOX controls, including record keeping and data testing as required.
  • Recommend process and controls improvements. Identify cost-saving opportunities related to Treasury.
  • Assist with questions from Accounting, Tax, Project Finance and the business.
  • Lead or assist with special projects as required (outsourced checks, payment automation, electronic bank statement, etc.)
  • Works with various teams in the organization including AP, Accounting, FP&A, Project Finance, Legal.
  • Significant interaction with outside vested parties (lenders, bank officers, auditors).

Knowledge & Skill

  • Treasury experience, cash management and payment processing.
  • Experience with loan draw process a plus.
  • U.S. GAAP working knowledge required.
  • Proficient with Microsoft Office suite of products and Banking portals.
  • Working knowledge of ERP systems (SAP experience a plus).
  • Detail oriented, with a strong sense of process ownership.
  • Ability to deal effectively with a diversity of individuals at all organizational levels.
  • Comfortable working in an unstructured, entrepreneurial environment; this is a transaction-based environment where requirements and deadlines are dictated by deal flow.

Education/Training

  • Bachelor's degree in accounting, Finance or related discipline.
  • Minimum of 7 years of relevant work experience.
  • CTP preferred (Certified Treasury Professional).
  • Knowledge of renewable energy and construction loan draws desirable.

Apply now

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About the role

July 14, 2026

July 17, 2026

Full time

On-site

Company

Solar Energy, Wind Energy, Hydropower, Bioenergy, Energy Storage, Tidal and Wave Energy, Geothermal Energy, Hydrogen, EV Charging Infrastructure, Smart Grid

Recurrent Energy

recurrentenergy.com

  •  Austin, Texas, United States

Minimum of 7 years of relevant work experience

UTC-05:00

Tags

Financial Services · Treasury Management