Senior Financial Analyst - Project Modeling

Vaulted Deep•Houston, TX
•Hybrid

About The Position

Vaulted is a waste management company that removes carbon by safely injecting organic waste deep underground. The company is based in Houston, San Francisco, and Kansas and has a growing team of more than 70 people. It is rapidly expanding to new sites and has signed a major carbon removal offtake agreement with Microsoft. Vaulted is hiring a Senior Financial Analyst for its Houston-based team. Reporting to the Director of Finance, this role focuses primarily on project modeling to evaluate, finance, and manage projects. The analyst will build and own models used to underwrite new sites, support financing and commercial negotiations, and inform investment decisions. The role also contributes to planning and performance analysis across operating sites and corporate entities, working with senior leadership and site development and commercial teams to translate analysis into recommendations.

Requirements

  • Preferred 3–5 years of experience in project finance, infrastructure or energy investment banking, project development, infrastructure investing or lending, or corporate finance with significant project modeling exposure.
  • Bachelor’s degree in finance, accounting, economics, or a related field, with a working foundation in finance and accounting.
  • Advanced Excel modeling skills, including building and auditing project finance models covering debt sizing and sculpting, DSCR, cash waterfalls, IRR/NPV, and three-statement models from scratch.
  • Working knowledge of project finance structures, including project-level debt and SPV structures.
  • Ability to clearly explain model outputs and key drivers to non-finance stakeholders.
  • Strong attention to detail and ability to manage recurring deadlines independently.
  • Located in Houston, Texas, or willing to relocate.

Nice To Haves

  • Experience in waste, energy, or another asset-heavy infrastructure sector.
  • Familiarity with carbon markets, waste industry economics, or environmental commodities.
  • Experience supporting lender or investor diligence processes.

Responsibilities

  • Own and maintain project-level financial models for new and operating sites.
  • Partner with site development and business development teams to evaluate potential sites and run scenarios and sensitivities for go/no-go decisions and investment committees.
  • Support project financing and capital raising.
  • Model commercial structures and support structuring and negotiating term sheets for offtake, waste supply, partnership, and financing agreements.
  • Keep project models integrated with the corporate model and maintain assumptions, version control, and documentation to an audit-ready standard.
  • Provide ad hoc analysis for leadership on commercial, operational, and strategic questions.
  • Contribute to annual site development and operating budgets with department leaders, from assumptions through final approval, and maintain rolling and cash forecasts.
  • Perform budget-versus-actual and prior-period variance analysis and explain key drivers to leadership.
  • Develop and maintain KPI reports and dashboards for tracking operational and financial performance.
  • Build analyses for board materials, investor updates, and fundraising diligence.
  • Support covenant calculations, compliance certificates, and lender reporting packages in coordination with accounting and legal.

Benefits

  • Comprehensive medical, dental, vision, and life insurance.
  • Hybrid work options.
  • Generous paid time off and paid leave options.
  • 13 company holidays.
  • Employer-sponsored 401(k) plan with matching contributions.
  • Opportunities for career growth within and beyond the company.
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