Novel Energy Solutions

Vice President of Structured and Project Finance

Posted: 6 hours ago

Job Description

Job TypeFull-timeDescriptionSummaryThe Vice President of Structured and Project Finance is responsible for all aspects of NES, LLC’s corporate and project finance activities (construction debt, perm debt, tax equity) while supporting the evaluation of project opportunities for the organization. This position will work closely with the CFO and CEO to maximize economic returns in the deal structuring of NES LLC’s portfolio. This position will maintain and grow third party financing relationships to ensure that NES LLC has the most competitive financing sources available on the market. The position will also inform PPA prices, requiring a deep understanding of current market return expectations and long-term trends.Job ResponsibilitiesWork closely with the CFO to maximize economic returns in deal structuring of NES LLC’s portfolio by providing leadership in the following areas: Oversee all financial modeling activities for current and pipelined SPV development opportunities for both selling and owning projects, as well as corporate Source financing relationships to ensure NES LLC has the most competitive financing sources available on the market Inform PPA prices, supported by a deep understanding of current market return expectations and long-term trends Maintain a robust understanding of tax equity investing and provide thought leadership for ensuring NES LLC maintains cutting edge approach to both leverage as a vehicle for enterprise growth and offsetting tax liabilities Provide oversight and?assume overall?responsibility for all Project Finance financial?transaction analyses: Lead the development and evaluation of models for contemplated construction loans and tax equity financial structures Own the communication and direct interaction with financial institutions and advisors (lenders, tax equity) in regard to the structuring, negotiation and closing of?structured?project?finance transactions Own the schedule of transactions closings, with support from legal department to coordinate transaction documents. Directly interacts with legal and development to prepare projects ready for transactions. Direct interaction?with investors and?advisors?in regarding?to the structuring,?negotiation?and closing of project sale?transactions Training and mentoring of the Project Finance team in day-to-day analysis and transactional activities Manage a team of financial analysts Support?the Development?department in the early stage evaluation of applicable financing structures and participate?in the transaction?Risk?Review process. Support the?Organization?and?Structuring Department?with?bid?strategies,?providing?guidance?on?return?metrics?and?supporting?credit reviews. Support?the Legal Department in discussions regarding the structuring of transactions. Support senior management in the evaluation of transactions for?Investment?Committee review and on special projects. Work with the Corporate Finance Department to evaluate the accounting, tax and cash attributes of proposed transactions. Represent Project Finance on cross-functional teams of?internal and external resources. Support the?project development process in all stages of development, financing, construction and operation. Responsible?for all Project Finance financial transaction analyses Supports the evaluation of transactions for?Investment?Committee review Supports?the Development,?Origination?and?Structuring,?and Corporate Finance?Departments with the early stage evaluation?of?transactions Works closely with senior management and the Corporate Finance, Development,?Organization?and?Structuring,?and?Legal Departments Trains and mentors the Project?Finance Team Represents Project Finance on cross-functional teams of???internal and external resources Interacts directly?with financial institutions and advisors Hire, train, manage, and develop members of the FA team. CompetenciesManaging SelfTechnical or professional proficiency to be highly competent in their work Problem-solving Putting the team first, working well with others Relationship building and Intrapersonal skills Using Company tools and processes Daily Discipline of time management, learning on the fly, and accepting feedback Delivers results consistently Creates a process for one's own work Creates a process for improving the work and incorporating into existing processes via process mappingCommunication skills: Written and verbal communication, Presentation skills, Running meetings, Email, Conflict Management, Building a Business Case, and Listening Managing OthersDesigning work to be done, including: Communicating with boss and others about needs and expectations Designs work with the customer in mind Designing and filling jobs, assigning work Delegating Enabling direct reports to do the work by: Motivating Measuring the work of others and performance monitoring Coaching and giving feedback Acquiring resources, planning and budgeting Project managing Problem solving Making time to meet with direct reports (1-on-1s) Building the team (Color wheel, cross-training, deep bench) Building relationships with direct reports, bosses, and support groups that facilitate open dialogues and trust (intrapersonal skills a must) Creating a process for the team's work by integrating multiple team members’ individual processes Get the team to deliver results consistently RequirementsWork EnvironmentThis job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.Physical DemandsThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.While performing the duties of this role, the employee is regularly required to sit for extended periods, communicate effectively, and actively listen. Frequent use of hands and fingers is necessary for handling, feeling, and operating tools or equipment.Occasional physical activities include reaching with arms and hands, climbing, balancing, stooping, kneeling, crouching, or crawling. The role may also require lifting and moving items weighing up to 50 pounds.Visual requirements include close vision and the ability to distinguish colors. A valid driver’s license and the ability to operate a motor vehicle are also required.Position Type/Expected Hours of WorkThis is a full-time position. There will be peak times outside of regular work hours depending on deadlines and required month-end or year-end closings.TravelNo travel is expected for this position.Required Education And ExperienceAt least 5years of relevant project finance or investment banking experience working within the renewable energy, real estate, or construction industries. Bachelor’s Degree in finance, accounting, economics, or relevant degree Project finance modeling experience. Excellent quantitative and qualitative analytical skills. Experience management an FP&A team. Ability to work independently, multi-task, think critically, prioritize, and meet assigned deadlines in a fast-paced and ever-changing environment. Proficiency with O365. Preferred Education And ExperienceSolar or renewable energy experience. SQL and/or other data related querying languages. Experience with Procore or other construction management software. Novel Energy Solutions is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. Salary Description$150,000-$200,000 annually

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