Associate – Treasury Operations and Portfolio Management
Job Description
Salary: $90-120k + 10% annual bonus targetÂ
Location: Washington, DC. Our in-office team comes together to collaborate in our Dupont Circle office Tuesday through Thursday and works from home Monday and Friday.
To Learn More: Please watch THIS video produced by one of our primary investors, Macquarie, that does a great job explaining who we are and what our fantastic team does.Â
About Us:Â
Inspiration is the world’s first specialist investment and asset management platform exclusively focused on accelerating the electrification of transportation in North America. We provide capital and turnkey Electric Vehicle (“EV”) fleet-as-a-service solutions, including charging, to enable commercial fleets to “go electric” as easily, quickly, and profitably as possible. Our company invests in, develops, and manages the real assets (including electric vehicles, EV charging infrastructure, and related real estate) that enable the electrification of transportation at scale. Backed by three of the world’s leading energy and infrastructure investors, we aim to dramatically accelerate fleet electrification in North America while building the leading pure-play, diversified EV infrastructure platform.
Your Mission:Â
Your mission is to work with external financing partners and internal departments (e.g. Transactions, Accounting, Sales, Customer Success) to ensure seamless financial operations and portfolio management for the core assets of Inspiration’s business.
You will report directly to Vince Plaxico, VP Strategic Finance
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The Legacy You’ll Leave:Â
As a result of your time in this role, you have helped us build out, execute, and maintain a robust funding and monitoring process. Your experience and efficiency streamlined our financing function as we scale the core assets which generate revenue for the company. You impressed your teammates and external parties with attention to detail, and ability to handle multiple and concurrent priorities.Â
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The added bonus? Your efforts in electrifying fleets made a substantial impact on combating climate change by reducing greenhouse gas emissions, paving the way for a decarbonized planet for future generations to enjoy.
What You’ll Be Responsible for In Your Role:
- Treasury Operations:Â
- Ensure accurate and timely execution of asset-level financial transactions with heavy focus on checklist management and post-closing operationsÂ
- Create and submit underwriting materials and draw requests for electric vehicle purchases with financing partnersÂ
- Build and maintain financial models for various financing partnersÂ
- Service multiple portfolios by ensuring accurate and timely repayments to financing partners including payoffs and refinancingsÂ
- Manage ACH/wire transactions for asset-level fundings as well as active monitoring of bank accounts and related reconciliationsÂ
- Create and document Treasury standard operating procedures and update as changes are requiredÂ
- Ensure compliance with internal controls, policies, and procedures in day-to-day conduct and supervision of cash management activities.Â
- Collaborate with other departments (e.g. Transactions, Accounting, Sales, Customer Success) to ensure seamless financial operationsÂ
- Portfolio Management: Â
- Prepare daily, monthly, and quarterly reports in accordance with regulations, covenants, and policies established by Inspiration, financing partners, and regulatory agencies
- Perform financial analysis and continuous monitoring of portfolio healthÂ
- Manage maturities, renewals, and modifications of multiple portfoliosÂ
- Assist in the development and implementation of systems and processesÂ
- Create and update policies established by Inspiration, financing partners, and regulatory agenciesÂ
Who You Are:
- Bachelor’s degree in finance, accounting, or similar quantitative discipline
- 5+ years experience in a role related to asset finance treasury operations and/or portfolio managementÂ
- Excellent analytical skill and precision attention to detailÂ
- Strong knowledge of documenting or automating standard processes
- Exposure to commercial banking transactions and associated controls
- Excellent working proficiency with MS Office Suite (Excel, Word, PowerPoint) including ability to write complex formulas in MS ExcelÂ
- Ability to work independently in a fast-paced environmentÂ
- Acts at all times in a way consistent with Inspiration's core valuesÂ
Our Core Values: Â
Inspiration’s culture is based on a shared respect for our core values HERE. Fit with these values is a critical component of our hiring process, and our team members are encouraged and expected to demonstrate these behaviors in their interaction with their colleagues, customers, and all stakeholders. An assessment of how each employee has lived our values is an important part of our performance review process.
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Our Commitment To You: Â
Inspiration embraces diversity and equal opportunity in a serious way. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be.Â
Date Posted
02/17/2024
Views
6
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