Manager, Project Finance

Qcells is hiring a Manager, Project Finance in Teaneck, NJ, to optimize their Joint Venture-based financing model for solar and energy storage projects. Responsibilities include financial modeling, managing financing strategies, supporting project due diligence, and collaborating with internal teams. Candidates should have over 5 years of experience in Project Finance or Renewable Energy, with expertise in Joint Ventures and strong negotiation skills.
Description
POSITION DESCRIPTION:

Qcells Distributed Energy Business (DE BUSINESS) is a leading innovator in the acquisition, development, and operation of energy assets, focusing on Community, Commercial, and Industrial (C&I) Solar and Energy Storage Systems (ESS) across the United States.
Our Unique Project Finance Model:
Qcells DE BUSINESS utilizes an innovative Joint Venture (JV) Project Finance Structure, where we partner with Tax Equity Investors, Debt Financiers, and Private Equity Funds to finance solar and ESS projects.
• Qcells DE BUSINESS takes on the early-stage development risk, advancing projects to pre-construction.
• Our Joint Venture Finance partners conduct project valuations at the Notice to Proceed (NTP) stage.
• At NTP, Qcells DE BUSINESS is compensated for development costs and margins, ensuring rapid capital recovery.
• This model provides financial stability and accelerated cash flow while securing long-term profitability during construction and operations.

We are seeking a Manager, Project Finance who will implement our JV-based financing transaction and support the Solar/ESS assets development.

RESPONSIBILITIES
• Optimize Qcells DE BUSINESS’s JV-based Project Finance Model, ensuring efficient capital deployment and risk management.
• Develop, Manage, and improve the financial models (considering JV structure, levered/unlevered) of various energy asset development businesses
• Manage financial strategies for Tax Equity, Debt Financing, Joint Ventures, and Loan Facilities.
• Support the due diligence of energy asset project originations/acquisitions/partnerships.
• Support to expand and enhance investor networks, engaging with private equity funds, tax equity investors, banks, and institutional lenders.
• Manager structuring, negotiation, and execution of financing transactions, including principal and ancillary financing documents.
• Collaborate with internal teams (Development, Engineering, Legal, and Finance) to align financial strategies with project execution.
REQUIRED QUALIFICATIONS
• 5+ years of experience in Project Finance, Renewable Energy, Private Equity, or Investment Banking.
• Proven track record in financing Community, C&I Solar, and ESS projects in the U.S. market.
• Deep expertise in Joint Venture structures, Tax Equity, Debt Financing, and Loan Facilities.
• Strong financial modeling, credit analysis, and deal execution skills.
• Excellent negotiation and communication skills, with the ability to structure complex transactions.
• MBA and/or CFA preferred but not required.

Hanwha Q CELLS America Inc. (“HQCA”) is a Qcells company, one of the world’s largest manufacturers and providers of solar photovoltaic (PV) products and solutions. Headquartered in Irvine, California, HQCA has been rapidly expanding its business in North America through the expansion of products and solutions, including distributed energy solutions, direct-to-homeowner solar sales and financing, and EPC services. We provide an opportunity to be part of an exciting and growing world-class global business in an interesting and expanding industry of the future.

The Distributed Energy (DE) team develops, invests in, and delivers distribution-connected solar and battery energy storage system (BESS) projects in North America. The DE team offers the full spectrum of BESS and PV+BESS solutions – from integrated ESS hardware and software, project development and investment to asset management and operations.

PHYSICAL, MENTAL & ENVIRONMENTAL DEMANDS:
To comply with the Rehabilitation Act of 1973 the essential physical, mental and environmental requirements for this job are listed below. These are requirements normally expected to perform regular job duties. Incumbent must be able to successfully perform all of the functions of the job with or without reasonable accommodation.

Mobility

Standing

20% of time

Sitting

70% of time

Walking

10% of time

Strength

Pulling

up to 10 Pounds

Pushing

up to 10 Pounds

Carrying

up to 10 Pounds

Lifting

up to 10 Pounds

Dexterity (F = Frequently, O = Occasionally, N = Never)

Typing

F

Handling

F

Reaching

F

Agility (F = Frequently, O = Occasionally, N = Never)

Turning

F

Twisting

F

Bending

O

Crouching

O

Balancing

N

Climbing

N

Crawling

N

Kneeling

N

The salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. Actual compensation is influenced by a wide array of factors including but not limited to, skill set, education, licenses and certifications, essential job duties and requirements, and the necessary experience relative to the job’s minimum qualifications.
• This target salary range is for CA positions only and should not be interpreted as an offer of compensation.
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