Manager, Financial Modeling & Portfolio Valuation

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp was fully acquired by bp in 2024. As a global developer, LSbp has adopted a capital-light model designed to retain management and equity interest in projects whilst minimising capex and debt consolidation. Therefore, once developed, project funding is relying extensively on third party capital including debt, tax equity, structured and / or common equity.

This is a hybrid role and must be perfromed out of our Austin, Denver, or San Francisco office.

What you’ll do

Core Responsibilities

Financial Modelling

• For each individual asset portfolio, creating, developing and maintaining appropriate and robust financial models capable of :

o calculating returns and valuations for investments.

o sizing debt, calculating ratios and running sensitivities for different scenarios; and

o assisting in short-, medium- and long-term corporate level business planning and budgeting.

Portfolio Valuation Activities

o Valuation methodology

o Modelling assumptions setting

o Financial KPIs and sensitivities to report

o Collating from other teams and / or recommending modelling assumptions in accordance with the Asset Valuation Framework

o Delivering updated outputs, KPIs and sensitivities in accordance with the Asset Valuation Framework.

Within the Investment Management Team

o Performing financial analysis of proposals from other members of the team (e.g. Commercial Investment Director) or other LSbp teams (e.g. power marketing)

o Providing analytical support on risk analysis / scenario planning under the guidance of other members of the team

Such ideas to cover :

o Maintenance capex

o Operational improvement

o Site improvement (e.g. extension, new battery etc.)

o Other Commercial improvements (e.g. amendment to commercial contracts)

o Potential assets candidate for divestments or refinancing

Interaction with Other Teams

o Seeking full understanding of closed projects.

o Ensuring valuation models share best practice with the structured finance modelling team.

o Supporting refinancing or M&A processes led by the Structured Finance Team

o Ensuring that actual performance (prepared by the Finance team) is analyzed and incorporated in the valuation models on a regular basis.

o Ensuring modelling assumptions have been collated and / or reviewed with other teams (e.g. Asset Management, local development, tax etc.) in accordance with the Asset Valuation Framework.

o Ad-hoc interaction in relation to valuation of potential investments / disposals.

Who we’re looking for

Knowledge

Qualifications

Experience

What challenges can you expect in this role?

Why you’ll make a great member of the team?

Personal qualities

We offer

Why you’ll want to work with us

Our company is a place where you can be yourself and grow – a place where your ideas and opinions matter.

Be you :  We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be responsible :  Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity.

Be recognized :  Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension, and other local benefits.

Be inspired :  Join an agile, international team working across 15 countries to power the future and positively impact people, communities, ecosystems and biodiversity across the world.

Our core values :  Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low-carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity / neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to LSbp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.