Job Summary
As a member of the Structured Finance team, a Structured Finance Senior Analyst plays a crucial role in supporting the sourcing and closing of tax equity & debt financing. The Structured Finance Senior Analyst will be responsible for managing critical aspects of the financing process with the mission of driving toward a smooth and timely closing. This position combines a high degree of external and interdepartmental coordination with project finance expertise. An effective candidate will demonstrate superior organization, attention to detail, strong initiative, an excellent ability to navigate/interpret project finance models, juggle multiple tasks and communicate clearly and effectively to various stakeholders. This position reports directly to the Manager of Structured Finance.
Essential Duties and Responsibilities:
- Tax Equity / Debt Diligence
- Key point of contact for projects across multiple discrete tax equity/debt funds.
- Coordinate with internal and external parties to manage the timely development and delivery of all documents, reports, and other closing deliverables, including but not limited to:
- Excel-based financial model / appraisal report
- Major project agreements (EPC, interconnection, site access, SREC, O&M, etc.)
- Land surveys / title insurance
- Independent engineer and technical diligence reports
- Legal/organizational documents
- Diligently track construction and commissioning developments, support compliance with relevant federal/state/local requirements as financing progresses
- Create & maintain project-level cash flow projections and cost summaries
- Attend regular calls with investors; provide timely updates and responses to ad hoc Q&A, including quantitative and qualitative analysis in support of the general financing process
- Create and maintain virtual data rooms
- Facilitate smooth and efficient handoff of projects to SSI’s operations team in the aftermath of closing
- Support outreach to prospective investors/lenders
Knowledge, Skills, and Abilities
- Bachelor’s degree with a concentration in economics, finance, energy, or related field
- Masters with a concentration in economics, finance, energy or related is preferred
- 2+ years professional experience in renewables or finance-related field
- Direct tax equity/debt experience required
- Proficient in Excel; ability to manipulate and interpret large financial models, analyze large amounts of data, and a strong understanding of excel formulas
- VBA experience is preferred
- Direct experience building/navigating project finance models is required
- Strong interest in solar/renewables; desire to build a career in the solar industry
- Basic understanding of tax equity and debt structures
- Strong work ethic and ability to self-start in a fast-paced environment
- Ability to take initiative and problem-solve; flexibility to tackle emerging tasks as needed
- Excellent communication and organizational skills
- Task-oriented; high attention to detail
Work Environment
This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The position generally requires a candidate’s presence in our office and is not primarily a tele-work or remote site position. The candidate may interface with customers, financial partners, bank personnel, vendors, other employees, including Senior and Executive Management as well as the public.
Location
This position will be based out of Standard Solar’s Rockville, MD office.
Physical Demands
Prolonged periods sitting at a desk and working on a computer.
Standard Solar is EOE/AA/Minority/Female/Veteran/Disabled employer.
