Ormat Technologies

POSITION SUMMARY

This position is responsible for overseeing all financial activities of the organization, managing financial reporting, budgeting, forecasting, and ensuring compliance with regulations.

ESSENTIAL FUNCTIONS

• 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.

OTHER RESPONSIBILITIES

• Managing and supervise Finance Department in Indonesia
• Other duties and projects as assigned by management.

EDUCATION, EXPERIENCE, AND SKILLS REQUIRED

• 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.