Manager, Finance
Advanced Power is a successful global developer, owner and manager of sophisticated power generation facilities designed to provide responsible and reliable electricity. The company is committed to optimally balancing growth while sustaining environmental compliance, preserving natural resources and lowering carbon emissions. Based in Boston, Advanced Power seeks committed, enthusiastic professionals to join an entrepreneurial team and support the company’s worldwide growth.
Responsibilities:
The candidate will support the Advanced Power Project Development and Finance team. Core duties will include:
- support Vice President, Finance in negotiating the financings of projects under development
- support the raise of limited or non-recourse debt financing
- develop and maintain project financing models and coordinate with the development team on the input assumptions
- manage/run various sensitivity analysis to support the capital raise
- assist with term sheet negotiation and execution of legal transaction documentation
- oversee capital raise pipelines and identify new partner or financing relationships
- own and improve project financial models
- mentor group of associates and analysts
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- monitor and report on key outputs from the models maintained
- work with internal business units to streamline financial models (update input assumptions, automation, efficiency, etc.) in addition to managing the maintenance of the financial models
- manage workflows through oversight of analysts on the Project Finance team
- specialize in structuring models for utility scale PV photovoltaic and battery storage assets
- work cross functionally with Feasibility, Development, Engineering, Legal, and Asset Management teams to optimize financing solutions
- perform project-level financial due diligence, as needed, across various functional groups including EPC, O&M, asset management, interconnection, real estate, permitting and environmental, and insurance
- oversee the creation and maintenance of information memorandums and data rooms during active capital raise
Qualifications:
Bachelor's degree is required, MBA or CFA preferred. Preferably in finance, economics, engineering, accounting, or related field. The candidate is expected to have at least five years of work experience in M&A, project finance, accounting, or financial modeling. Additional requirements:
- proficiency in Microsoft Excel, and PowerPoint including complex formulas and macros
- proven ability to create and maintain financial models including debt and equity financing models for conventional and renewable financings including tax equity and power purchase agreement(PPA)/hedge modeling
- proven record of mentoring analysts, leading due diligence and legal documentation review
- knowledge of ISO/RTO energy markets is preferred
- highly organized and detail-oriented with excellent written and verbal communication skills
- quick learner and strong problem-solving skills
- ability to effectively perform within a matrix organizational environment