SWEB Development Looking for Project Finance Manager at Natick, MA Full Time

EMPLOYMENT OPPORTUNITY: Renewable Energy Project Finance Manager

Job Description

The opportunity is tailored to individuals who combine a strong commercial background, a high degree of result orientation with suitable experience in the wind- and solar energy field. The successful candidate will work on finance-related aspects of renewable energy projects in SWEB Development USA, LLC’s (SWEB) project portfolio in Canada and the US. As such, the candidate will work closely with SWEB’s project development managers and technical & legal experts. The position directly reports to the CFO of SWEB.

Tasks

Financial Modelling

• Develop, maintain and adapt complex financial models for wind and solar projects in line with project needs and in accordance with modelling best practices.
• Perform scenario and / or Monte-Carlo analysis in financial models to support corporate decision making.
• Document model assumptions and identify risks from first project idea throughout the construction phase of a project.
• Perform internal model audits, report on logical consistency / arithmetical accuracy and provide corrections / modelling improvements as necessary.

Project Finance Transactions

• Preparation of reports and documentation, including financing teasers, slide decks, and technical memoranda.
• Negotiation of term sheets and transaction documents for senior debt and tax equity investment.
• Manage due diligence processes and data rooms, and act as a primary point of contact.
• Take ownership of transaction progress and report to senior management.

In-house Development Support

• Evaluate new project opportunities and present recommendations together with the Development Manager.
• Review state policy, legislation, compliance filings & research, understand, and document industry activity and commodity pricing through benchmarking and competition analysis.
• Support in creation & tracking of project specific development budgets.
• Closely collaborate with development and engineering teams to identify project finance needs & help out with financial questions throughout project development.

Proactive Outreach

• Identify new sources of debt funding to optimize SWEB’s financing costs.
• Establish relationships with equity investors as SWEB’s pipeline requires.
• Build and maintain a network of contacts in the industry and attend industry events.
• Keep up to date on trends in the renewable energy sector in general as well as renewable energy project finance in particular.

Qualifications

Experience

• Min. 3 years of relevant work experience in the field of finance / project finance.
• Experience with tax equity investments for renewable projects.
• Wind and/or solar energy industry experience in the US and/or internationally.

Skills

• Excellent financial modelling skills in MS Excel (incl. at least a basic understanding of VBA).
• Ability to precisely dissect complex agreements (financing contracts, power purchase contracts, etc.) and come up with / draft improvement ideas.
• Self-organized team-player with a detail-oriented way of working & entrepreneurial mindset.

Education

• Solid knowledge of financial markets & the renewable energy sector.
• University degree (master’s degree or other certifications such as CFA will be looked upon favorably)
• Valid driver’s license.

Benefits

• Take on important tasks from day one and help our team expedite the transition towards clean energy.
• Work full-time with an international renewable energy developer and operator with >25 years of experience.
• Competitive compensation package will be determined based on experience.
• Continuing education and training opportunities.
• Flexible location – Massachusetts is preferred, but other locations in New England will be considered. You may work from our office in Natick (MA), remotely, or semi-remotely.
• Flexible start date, the sooner the better.

SWEB is committed to creating a diverse working environment and is proud to strive for equal opportunity employment and recruitment practices. All qualified applicants will receive consideration for employment without regard to race, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.

Job Types: Full-time, Contract

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Retirement plan

Schedule:

• Monday to Friday

Supplemental Pay:

• Bonus pay

Work Location: One location