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Treasury Internship

Company Overview

Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Intersect Power is a privately held clean energy company bringing innovative, scalable, American-made, low-carbon solutions to its customers in global energy markets. We develop, own, and operate some of the world’s largest grid-tied clean energy resources, as well as co-located facilities for large industrial loads, including data centers, e-fuels, and other energy-intensive products. We are laser-focused on the largest, most transformative clean energy projects that decarbonize the existing power grid and bring new loads to clean generation without the need for new transmission. Intersect is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy. We are on an aggressive growth trajectory and are looking to fill key roles with talented professionals who want to make an impact.


Location & Team Gatherings

Intersect has been a fully flexible workplace since its founding in 2016.  We’ve been very intentional about the way we do things. We are not work-from-home, hybrid, or in-office – we are any and all of those options! Deepening social connections and offering shared experiences is a cornerstone of the way we work. We connect as a team at our Team Week experiences four times a year and at our recently established Hub locations - SF Bay Area and  San Diego, CA; NYC Metro Area, NY; Denver, CO; Austin, TX; Calgary, AB; and Toronto, ON.


About This Position

Reporting to the Manager, Treasury & Capital Markets, the Treasury Intern will play a key role in supporting Intersect Power’s treasury operations. This includes actively managing cash, short-term cash forecasting and Treasury reporting requirements, and managing interest rate risks.


Responsibilities and Duties
  • Prepare drawdown, rollover, and repayment notices for the syndicated credit facility and term loans, ensuring timely execution and compliance with lender requirements.
  • Support in setting up Corporate and project payments and account fund transfers for liquidity planning. Oversee and monitor the cash transaction process, including maintaining effective controls over banking transactions and systems.
  • Support cash forecasting processes, perform variance analysis, and strive to improve forecasting compliance and accuracy. 
  • Working cross functionally across departments including FP&A, Accounting and AP on different initiatives.
  • Generate ad-hoc analyses, reports, and insights for senior leadership. Explore new technologies and reporting tools to improve Treasury operations.
  • Assist in developing an interest rate hedging policy, including analyzing market conditions, SOFR sensitivity, and risk mitigation strategies.
  • Support the documentation of hedging objectives, compliance considerations, and execution processes.
  • Support the setup and implementation of a corporate credit card program, including policy development, vendor coordination, and reconciliation processes.
  • Assist in tracking expenses and integrating the program with financial reporting systems.


Qualifications and Skills
  • Preferably at least one year of experience in treasury operations
  • Bachelor's degree in Economics, Accounting or Finance
  • Demonstrated interest in finance, accounting, treasury, or related topics
  • Experience with payments and treasury management systems preferred
  • Strong organizational, communication, and analytical skills
  • Ability to work independently, utilize resources effectively, and proactively achieve resultsExcellent interpersonal skills with a collaborative attitude
  • Proficiency with Google Sheets functions/macros or Excel VBA for automation
  • Experience with payments, treasury management systems (TMS), and banking platforms (preferred)
  • Exceptional oral and written communication skills in English

*A note on qualifications: Studies have shown that women and people of color are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.


Physical & Sensory Requirements
  • Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.

Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email hr@intersectpower.com.  

Compensation
  • $20 USD per hour. If working in Canada: conversion rate to CAD run at time-of-hire.  

Location 
  • Remote in Canada or US. Applicant must be authorized to work in Canada or US. Intersect Power is unable to sponsor visas for this position.


Note:  We welcome applicants who do not have current enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms. 


Unsolicited resumes or referrals from third-party recruiting firms or agencies are not accepted by Intersect Power.



#LI-Remote

Average salary estimate

$41600 / YEARLY (est.)
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$41600K
$41600K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Treasury Internship, Intersect Power, LLC

As a Treasury Intern at Intersect Power, you’ll step into an incredible opportunity to support innovative low-carbon energy solutions while gaining valuable experience in treasury operations. Our team is passionate about maintaining a sustainable planet, and we’re excited to welcome an intern who shares that vision! Reporting to the Manager of Treasury & Capital Markets, your role will involve engaging with our treasury operations, which include managing cash flows, forecasting, and generating insightful reports for senior leadership. You will have the unique opportunity to prepare drawdown notices and assist in developing financing strategies, all while working collaboratively with different departments like Accounting and FP&A. We believe in a flexible work environment that fosters personal connections, so whether you’re in Canada or the US, you will be part of a team that values every individual’s contribution. You’ll be able to enhance your skills in cash flow management, analyze market conditions for risk assessments, and explore new technologies to elevate our treasury operations. If you’re a finance enthusiast eager to learn and make a tangible difference in the clean energy sector, this internship is the perfect fit for you! With a competitive hourly wage and a supportive atmosphere that encourages growth, you’ll find yourself engaged in meaningful work that aligns with your values. Join us at Intersect Power and be part of a journey toward a thriving low-carbon future while bolstering your professional toolkit.

Frequently Asked Questions (FAQs) for Treasury Internship Role at Intersect Power, LLC
What are the daily responsibilities of a Treasury Intern at Intersect Power?

A Treasury Intern at Intersect Power primarily supports various treasury operations, including preparing drawdown and repayment notices, managing cash transactions, and contributing to cash forecasting processes. You’ll work closely with different departments to ensure effective liquidity planning and develop reports that provide insights to senior management.

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What qualifications do I need to apply for the Treasury Internship at Intersect Power?

To apply for the Treasury Internship at Intersect Power, candidates ideally should hold a Bachelor’s degree in Economics, Accounting, or Finance, along with at least one year of prior experience in treasury operations. It’s also beneficial to have a strong interest in finance or related fields and proficiency in Google Sheets or Excel for analytical purposes.

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How does the Treasury Intern role support Intersect Power's mission?

The Treasury Intern role directly contributes to Intersect Power’s mission by ensuring the efficient allocation of resources and managing financial risks effectively. By streamlining treasury operations, you’ll help the company maintain a sustainable approach to financing our clean energy projects.

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What skills are essential for a successful Treasury Intern at Intersect Power?

Essential skills for a successful Treasury Intern at Intersect Power include strong analytical abilities, effective communication skills, and excellent organizational capabilities. The role requires a proactive approach to problem-solving and the ability to work collaboratively with various teams to support treasury functions.

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What can a Treasury Intern expect during their time at Intersect Power?

A Treasury Intern at Intersect Power can expect a dynamic and engaging work environment. You will gain hands-on experience in various treasury operations and will have the opportunity to learn from experienced professionals while working on projects that have a real-world impact on clean energy initiatives.

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Common Interview Questions for Treasury Internship
What attracted you to the Treasury Internship position at Intersect Power?

In answering this question, articulate your passion for finance and sustainability, highlighting specific aspects of Intersect Power's mission that resonate with you. Show enthusiasm for working in an environment that focuses on innovative clean energy solutions.

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How would you approach cash forecasting and variance analysis?

Discuss your analytical skills and any relevant experience with cash forecasting. Highlight techniques for analyzing data trends and explain how you would utilize various tools to improve forecasting accuracy while collaborating with other departments.

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Can you provide an example of how you've worked on a team to achieve a financial goal?

When answering this question, present a specific project where your collaboration led to a successful outcome. Describe your role in the team, the challenges faced, and how you applied your communication and organizational skills to overcome them.

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What do you know about the interest rate hedging process?

Describe your understanding of interest rate hedging and why it’s important for companies like Intersect Power. You could mention different strategies, such as derivatives, and how they help mitigate financial risk.

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How do you prioritize tasks when managing multiple responsibilities?

Discuss your organizational strategies, such as using a task list or automated reminders, and explain how you assess the urgency and importance of each task to determine your daily priorities.

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What tools or software have you used in financial analysis?

Mention any tools like Excel, Google Sheets, or financial management systems you have experience with. Highlight your proficiency in using functions, macros, or similar features for financial forecasting and reporting.

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Describe a challenging project you've worked on. What did you learn from it?

Choose a specific project that posed significant challenges, detailing what made it challenging and how you addressed those challenges. Emphasize the lessons learned and how they can be applied to future tasks in the Treasury Internship.

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How would you ensure compliance with lender requirements in your work?

Explain your understanding of compliance measures in treasury operations. Discuss methods such as regularly reviewing guidelines, maintaining excellent documentation, and staying updated on lender communication protocols to ensure compliance.

Join Rise to see the full answer
What makes you a good fit for the Treasury Intern position at Intersect Power?

Link your academic background, skills, and passion for the clean energy sector to the requirements of the role. Discuss your proactive disposition and readiness to learn as qualities that will make you succeed as a Treasury Intern.

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How do you keep yourself motivated when working on repetitive tasks?

Share strategies you’ve used for maintaining motivation, such as setting personal goals, finding innovative ways to automate tasks, or focusing on the broader impact of your work on the organization’s mission.

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Founded in 2016, Intersect Power is a clean infrastructure company bringing efficient, innovative, and scalable low-carbon solutions to its customers in energy and commodity markets. Our expertise includes all phases of development, design, engine...

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Internship, remote
DATE POSTED
March 14, 2025

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