Internship - Treasury, Financial Analysis

$64,000 - $138,000/Yr

Calpine - Houston, TX

Full-time - Intern

Remote - Houston, TX

Utilities

About the position

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources, operating in competitive power markets. With a fleet of 77 power plants generating over 27,000 megawatts of capacity, Calpine serves customers across 22 states and Canada. The company is committed to environmental stewardship and utilizes advanced technologies to produce power in a low-carbon manner. This internship is designed for undergraduate students pursuing a career in Financial Analysis, providing an opportunity to develop professionally while gaining insights into the power generation industry, including natural gas, solar, and storage assets. The intern will work closely with the Financial Analysis team, contributing to various projects and tasks that enhance their understanding of financial operations within the energy sector. The internship will require the individual to work a standard 40-hour week, with the possibility of both in-office and remote work. Interns will engage in a variety of responsibilities, including preparing and analyzing monthly variance reports, assisting in corporate debt financings, coordinating accounting information, and conducting financial analysis for capital allocation initiatives. This role is an excellent opportunity for students to apply their academic knowledge in a real-world setting, develop financial modeling skills, and gain exposure to the intricacies of financial operations in a leading energy company.

Responsibilities

• Prepares and analyzes portions of the monthly variance analysis and cost statements including forecast updates.
• Assists in corporate and project level debt financings.
• Assists in coordination of accounting information from directors/managers.
• Assists with preparation of department budget and metrics.
• Develops and maintains job processes and procedures.
• Researching modeling techniques, competitors and transactions.
• Analyzing Bloomberg terminal/data.
• Specific projects will be determined throughout the internship.

Requirements

• Must have at least two years of undergraduate coursework completed by the start of the internship.
• Currently pursuing a Bachelor's degree in Finance at an accredited university or college.
• Minimum GPA 3.0.
• Legally eligible to work in the United States now and in the future.
• Proficiency in building financial models and creating complex Excel models.
• Demonstrated aptitude applying analytical tools such as Microsoft Excel.
• Able to work autonomously and under the pressure of multiple deadlines.
• Demonstrated understanding of Microsoft Office products (VBA, Excel, PowerPoint, and Word).
• Strong verbal and written communication skills.
• Team player who enjoys diving into issues, brainstorming solutions, and learning new methods and tools to address problems.
• High degree of enthusiasm and drive.
• Must be flexible and able to work harmoniously with others.
• Good problem solving and analytical ability.
• Good organization skills and attention to details are essential.
• Proficient in Microsoft Windows, Word and Excel.
• Excellent verbal and written skills.
• Must be able to follow instructions precisely and be detail-oriented.
• Ability to work 40 hours per week.
• Self-motivated team player.
• Ability to travel with notice.
• Reliable in meeting commitments, prompt in attending meetings and making deadlines.