Description
This role has a hybrid work arrangement (2-3 days a week in our NYC office). That said we value flexibility and if you have a different preference please do not let that deter you from applying lets talk about it!
Applicants must be authorized to work for any employer in the United States or Canada. We are unable to sponsor or take over sponsorship of any employment-based visas at this time.
Energy storage is the key to unlocking a future where our world is powered by renewable resources. At Convergent Energy and Power our mission is to make the electrical grid cleaner more reliable and less expensive by leveraging state-of-the-art energy storage and distributed generation technologies.
The Manager supports Convergents capital raising efforts and financial operations including HoldCo / Mezzanine financing non-recourse project financing tax equity and valuation analysis for our rapidly growing portfolio of assets. This role is responsible for financial modeling maintaining valuation methodologies and coordinating deal execution from evaluation to financial close. Collaborating across teams and with external stakeholders the Manager ensures optimal financing solutions and streamlined processes.
This is an individual contributor role and therefore does not have any direct reports but will be expected to exercise informal mentorship to junior employees.
What Youll Do
Capital Raising and Transaction Management (50%)
o Support capital raising activities including HoldCo / Mezzanine financing and non-recourse project financing such as debt (e.g. construction loan term debt back leverage) leases and tax equity for renewable energy battery storage and other energy-related technology development projects.
o Assist the deal captain or serve as the deal captain to coordinate internal and external tax accounting and legal teams to develop appropriate transaction structures specifically related to tax-incentivized financing (utilizing expertise in capital accounts basis depreciation) and debt financings
o Assist with the deal-closing process including coordinating reviews and approvals across multi-functional teams to bring transactions to financial close under tight timeframes.
Financial Analysis and Valuation (25%)
o Ability to review completeness and accuracy of detailed financial analysis and valuation models to evaluate the economic merits and risks associated with contracted / merchant revenue tariffs and / or off-take contracts with different financing options.
o Develop and maintain robust valuation methodologies with key defensible assumption driving the pro-forma financials oversight of valuation at the project and overall portfolio level.
Collaboration and Support (25%)
o Partner with deal captain accounting tax to implement hedging and other risk management strategies to mitigate embedded currency rates and commodity risks as appropriate.
o Provide strategic recommendations to senior leadership to optimize financing structures and portfolio growth.
o Serve as a key liaison between internal teams (development project execution procurement legal tax accounting asset management) and external stakeholders to ensure alignment on transaction goals and mitigating potential risks
Requirements
Required Qualifications
o Bachelors degree finance economics accounting mathematics computer science and other engineering disciplines
o 4-6 years of experience in a similar role.
o Proven team player collaborating with diverse internal teams such as asset management pricing / analytics project execution procurement legal tax accounting and external consultants (IE insurance / market consultants appraisers and ITC insurance) to deliver structured yet streamlined financing solutions along with optimal risk allocation.
o Excellent oral and written communication skills and the ability to concisely present information to senior management and third parties.
o Ability to prepare and present financing marketing materials including teasers CIMs and other internal committee memos.
o Proven ability to work in a fast-paced entrepreneurial environment being able to handle multiple high-pressure time-sensitive deadlines typical of a transaction-based environment.
o Highly proficient in Excel.
o Excellent analytical skills.
o Ability to build and maintain complex financial models.
o Build and present PowerPoint presentations.
o Intellectual curiosity and ability to learn quickly.
o Ability to multi-task.
o Alignment with Convergents mission and values : Continuous Improvement Diversity Equity and Inclusion Ethical Governance Safety Sustainability Collaboration Ownership Resilience and a strong interest in the Clean Energy Transition.
o 10% travel expected. May include site visits conferences and meeting with financing counterparties.
Preferred Qualifications
o Masters degree.
o Ability to translate financial jargon and other financing requirements to other departments / divisions in a way that fosters trust and collaboration.
o Experience mentoring junior employees.
Benefits
Were dedicated to fostering a welcoming and inclusive culture that prioritizes the safety and well-being of all our clean energy professionals. We embrace and learn from our diverse backgrounds encouraging open dialogue and growth. Through resources like our active Employee Resource Groups DEI Working Group and comprehensive training and workshops were continuing to build a supportive community that celebrates the convergence of our identities.
Our priority is to ensure that every team member feels valued and supported to have a healthy balance between work life and personal life. We believe a full life outside of the office makes for a happier healthier team. We support that by offering robust benefits such as but not limited to the following :
Base Salary Range : $00; Salary Commensurate with Qualifications and Experience.
We encourage people from minority or marginalized groups to apply. If you dont meet 100% of the above qualifications but see yourself contributing please submit an application.
Convergent is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to age ancestry color family or medical care leave gender identity or expression genetic information marital status medical condition national origin physical or mental disability political affiliation protected veteran status race religion sex (including pregnancy) sexual orientation height weight or any other characteristic protected by applicable laws regulations and ordinances. We also consider qualified applicants regardless of criminal histories consistent with legal requirements in the country where we operate. If you need assistance and / or a reasonable accommodation due to a disability during the application or the recruiting process please send a request to
Required Experience :
Manager
Key Skills
Financial Services,Financial Models,Communication skills,General Ledger Accounting,Account Management,ERP,Payroll,External Auditors,Analytical Skills,Credit Card,Financial Statements,Annual Budgets,Business unit,Customer Relationship,Financial Management
Employment Type : Full-Time
Experience : years
Vacancy : 1
Finance Manager • New York City, New York, USA