Solar-Storage Finance Associate | San Diego, CA (Remote)

3 Months ago

San Francisco, California, United States

Remote

Subscribe to job alerts

Get a weekly digest of the latest climate jobs from thousands of companies in your inbox.

Job Description

PowerFlex is seeking a Solar-Storage Finance Associate to manage financing for renewable energy projects, including solar and EV charging systems. The role involves transaction management, due diligence, client relationship management, and financial modeling. The Associate will collaborate across departments to enhance project profitability and support business processes. A Bachelor's degree in Finance or related field and 3-5 years of relevant experience are required.
About the position

PowerFlex, an EDF Renewables company, is a leading national provider of intelligent onsite energy solutions that support carbon-free electrification and transportation. The Company delivers integrated solar, storage, EV charging, and microgrid systems to businesses and organizations. As a single full-service provider, PowerFlex customizes clean technology solutions to help clients achieve their energy and sustainability goals. Through the comprehensive PowerFlex X platform, PowerFlex leverages patented smart software to control, monitor, and optimize a client's distributed energy resources to reduce cost and maximize return on investment. The Finance Associate will lead the financing of the company's renewable energy projects such as solar, solar-plus-storage, and/or EVSE. This role will be a deal lead and will have an opportunity to get involved in all aspects of solar, storage & EVSE financing and development. The Finance Associate will work across the company's Business Development, Project Management, Engineering, Finance, and Accounting departments to support the day-to-day activities of the deals to drive company profitability. This role is responsible for owning and shepherding third-party financed transactions from origination to operational stage of the projects. The Finance Associate will be accountable for a diverse range of duties like relationship management with potential clients, investigation of core strategic issues or queries, and creating and presenting deliverables effectively as per the requirements of the client/investors.

Responsibilities
• Oversee the day-to-day activities of asset financing
,
• Lead all aspects of transaction management & execution, including due diligence, data room management, internal risk and return evaluations, negotiating contracts, and coordinating processes with clients, investors, and internal partners
,
• Actively engage with the financing team in planning the timing of financing efforts to avoid construction delays
,
• Create investment materials and run various analysis for financed projects
,
• Manage/own the financial model for asset sales and asset ownership scenarios
,
• Prepare documentation and data rooms to assist in investor diligence
,
• Run Q&A process with investors (maintain database, work with internal teams to provide answers, manage investor)
,
• Negotiate key financing contracts (e.g., MIPAs, EPCs, etc.) with investors, and contribute to identifying and mitigating transaction risks
,
• Build rapport with internal cross-functional teams and external investment partners to drive project profitability and ensure successful transaction close
,
• Identify and support initiatives to continuously improve and/or automate business processes across the company with a focus on tools or processes related to financing
,
• Contribute to the development of necessary internal training programs
,
• Lead ad-hoc business requests and initiatives as needed

Requirements
• Bachelor's degree in Finance, Accounting, Statistics, Economics, or a related field. Masters degree preferred
,
• At least 3-5 years of experience in project finance, asset financing, or renewable energy transactions. Additional experience in project contract and project development is a plus
,
• Strong financial modeling, critical thinking, and analytical skills
,
• Ability to work in a fast-paced, multi-task constantly evolving environment
,
• Ability to analyze financial, statistical, and operational data, and derive thoughtful conclusions
,
• Basic to intermediate knowledge of Generally Accepted Accounting Principles (GAAP), financial concepts, financial statement analysis, reporting, and budgeting
,
• Strong verbal and written communication skills

Nice-to-haves

Benefits
• Comprehensive Health and Welfare plans including medical, dental, vision
,
• 401(k) retirement plan
,
• Paid time off
,
• Annual performance bonus or other incentive compensation as applicable

PowerFlex Systems


Report inaccurate data

|

Leave feedback about this job

PowerFlex Systems

PowerFlex Systems

About this company

Founded date:2016

Revenue:US$ 100 - 500 million

Investors:Manulife Investment Management, National Science Foundation

Stage:Other

Website:powerflex.com

Connect:

We enable work places to support mass EV charging using renewable energy. Our software solution intelligently balances electricity demand and supply to maximize the use of renewable energy, minimize cost,...read more

More Data analysis / Data science jobs in climate

Global Data Analyst

1 Day ago

West Covina, United States

APPLY

APPLY

Natural Resources Biologist

5 days ago

Swisher, United States

APPLY

Other jobs at PowerFlex Systems