Associate, Project Finance

ForeFront Power • San Francisco, CA

10d • Hybrid

About The Position

The Project Finance Associate (PF Associate) is a key member of the Project Finance team. The Project Finance team is charged with underwriting and monetizing portfolios of renewable energy projects originated and developed by Forefront Power. Deal flow includes structuring funds and completing financings with equity investors, debt lenders, and tax investors/buyers to hold and operate projects for long-term ownership, as well as selling portfolios (M&A). The successful candidate will join a fast-moving team and have the opportunity to grow with a dynamic and evolving deal and asset-type mandate. The PF Associate directly assists the team in analyzing and closing the sale and financing transactions that monetize our portfolios. This position will also support the Project Finance team in various analytical needs, including internal pricing and underwriting. The PF Associate will use analytic, problem solving and financial modeling acumen to structure creative solutions that help our business grow in the rapidly expanding and evolving US renewable and clean energy market.

Requirements

• Bachelor's or advanced degree with high academic achievement
• Minimum two years and preferably three or more years relevant project finance experience, preferably with focus in solar or another clean energy field
• Desire to support a high-energy, lean team in a demanding, time-sensitive and transactional function (it’s exciting!), and to work in a growing distributed generation company in the renewable energy field
• Advanced Excel, Word and PowerPoint skills - relevant experience and capability in complex and detailed financial modeling in Excel a must
• Ability to perform and deliver accurate financial and data analysis on timely basis, and concisely report findings to key stakeholders, proactively managing to deliverable timelines inside in a highly detail-oriented environment, including ability to collect accurate data inputs in a cross-functional, multi-stakeholder environment
• Familiarity with construction debt, term debt, and/or tax credit transaction structures
• Familiarity with renewable energy policies at federal and state levels
• Willingness to coach and mentor junior analysts, while continuing to learn and develop one’s own skillset
• Excellent communication skills in both oral and written English for various target audiences
• Self-motivated and strong work ethic with the ability to proactively manage diverse relationships and multiple, complex projects simultaneously
• Exceptional project management and time-management skills to balance multiple high priority items at once and deliver on-time/as needed
• Potential to be creative, flexible, and think critically in tackling a variety of challenges, from the industry level to counterparty-specific issues
• Positive, team-oriented attitude, considerate and professional at all times, with desire and willingness to learn

Nice To Haves

• Spanish language fluency is also a plus (though not required) to support our business in Mexico

Responsibilities

• Support internal Commercial/Sales and Development and Execution teams in developing, running, and updating revenue agreement pricing models and associated financial analysis based on current monetization options, as well as other relevant analysis such as credit underwriting, to support project origination and development.
• Proactively support Project Finance team in all aspects of driving project finance transactions and portfolio sales processes to close, from initial marketing phase through term sheet negotiation, complex deal contract structuring, internal approvals and reporting, regular tranching of portfolio projects post initial fund close, and overall fund management.
• Interface closely with internal Commercial/Sales, Corporate Finance, Development, Execution, Legal and Asset Management teams to help guide projects forward quickly and efficiently to successful monetizations.
• Conduct highly complex and detailed financial modeling, compiling asset economics and projections, and presentations for internal stakeholders, including Corporate Finance and quarterly board meetings.
• Directly engage in and support Project Finance team’s interactions with third-party counterparties, customers, and consultants in a professional manner.
• Lead on detail-oriented organization and maintenance of project documentation and data rooms for diligence by investors and lenders
• Support policy and regulatory analysis (especially concern US Federal tax incentives) to support critical path underwriting and project financings.

Benefits

• We offer a comprehensive benefits package including competitive base salary and bonus potential; health, vision, and dental coverage; commute assistance; professional development; Paid Time Off; and 401(k) with employer match.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level