Specialist, Portfolio Finance
Job Description
Company Overview
Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Founded in 2016, the privately held clean energy company develops and owns some of the world’s largest clean energy resources serving customers in retail and wholesale energy markets across North America. The company is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy to enable the deep decarbonization of our economy. We are on an aggressive growth trajectory and are staffing key positions.
The Specialist, Portfolio Finance will be responsible for analyzing and maintaining multiple large complex project financial models driving investment decisions and economic outcomes for various project types including Solar, BESS, Hydrogen, Data Centers, Wind etc. Adept at financial modeling in Excel, the Specialist will leverage their skillset to run cases, scenarios and sensitivities across distinct models. The Specialist will be a key team member of the Portfolio Finance team specifically reporting directly to Manager, Portfolio Finance and the Capital Markets team broadly. This role requires the ability & willingness to interact with internal stakeholders including, ‘Project Finance’, ‘Asset Management’, ‘FP&A’ and ‘Structuring and Analysis’ and others. The Specialist will also have exposure to construction loans and back-leverage loans as responsibilities increase with time. Active communication in addition to highly organizational skills will ensure success in this role.
The Portfolio Finance team is a newly formed team within the Capital Markets department. Our team is responsible for maintaining, tracking and optimizing structured finance transactions, including non-recourse debt, tax equity, portfolio financings, interest rate management products and hybrid facilities across our portfolio of projects.
Responsibilities & Duties
- Assist in overseeing various project or portfolio transactions that have moved from origination and financial close into ongoing maintenance, including construction financing, tax equity, portfolio financing, and hybrid facilities.
- Model and value projects or portfolios of projects once the projects are in construction and operation.
- Support Portfolio Finance, Asset Management in FP&A activity such as capturing project actuals, budgeting, working capital modeling etc.
- Coordinate and submit financial reports to investors.
- Liaise with and support Asset Management on normal course reporting
- Support Portfolio Finance & Treasury with ongoing construction financing or hybrid facility draws and support Project Finance with Tax Equity and/or Portfolio Financing fundings
Qualifications & Skills
- 1-4 + years of proven track record in investment banking, project finance, buy-side, or corporate finance experience.
- Bachelor’s degree. Advanced degrees or certifications are a plus.
- Significant and relevant experience maintaining or structuring project finance or non-recourse structures.
- Significant and relevant experience with financial modeling for large, complex infrastructure or power generation assets.
- Experience with different types of power generation, including solar, BESS, wind, battery storage, gas-fired, or nuclear is required.
- Tax Equity deal knowledge is strongly preferred.
- Collaborative attitude & high organizational skills are fundamental
Salary & Benefits
- Salary: $80,000-$95,000 USD base salary with annual bonus subject to experience (we will use conversion rate to CAD at 1.3544 for Canadian citizens)
- Exceptional Healthcare: Access comprehensive medical, dental, and vision plans with 100% premium coverage for both you and your dependents.
- Financial Security: Benefit from a 3% non-elective employer contribution to your 401k, ensuring your financial future is on the right track.
- Time Off: Unlimited Paid Time Off (PTO) + two company-wide vacation weeks (Fourth of July & End of year). We believe in the importance of rest and relaxation.
- Family-Friendly Policies: Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting journey of parenthood.
- Mental Health and Well-being: Access mental health and behavioral coaching services through Ginger, providing you with the support you need to thrive both personally and professionally.
- Family Planning Support: Navigate family planning with ease through our partnership with Carrot, ensuring a seamless experience for new parents.
- Perks: Enjoy a variety of perks, including a $150 USD monthly food stipend on Grubhub and a pet insurance allowance. We care about the little things that make a big difference.
- Tech-Ready: Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair.
At Intersect Power , we believe in fostering a supportive and enriching environment for our team members. Join us and experience a workplace that truly values you, inside and outside the office!
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.
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Date Posted
03/06/2024
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2
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