Project Finance Analyst
IT, Accounting & Finance
United States · Remote
Posted on Wednesday, July 26, 2023
Hanwha Q CELLS USA Corp (“HQC US”) develops, invests, and delivers solar photovoltaic (PV) and battery energy storage systems (BESS) projects through Engineering, Procurement, Construction (EPC) services in North America.
The company brings a decade of global leadership in solar PV to deliver utility-scale power generation plants customized for local and regional energy markets. HQC US offers the full spectrum of PV solutions – from the core technology of cells and modules to large-scale project development and investment. With proven capabilities across the solar and battery storage value chain, HQC US minimizes uncertainty and risk and helps customers achieve a higher return on their investment in renewable energy.
The Analyst of Project Finance position is responsible for supporting project valuation, M&A transactions, capital raising, and general PF market research. This position reports to the Head of Project Finance, or another management personnel that the President of the Company may designate. This position is remote and working hours are Monday through Friday, from 8:00am to 5:00pm or 9:00am to 6:00pm local time. This position is expected to travel up to 5% of the time.
ESSENTIAL JOB FUNCTION & RESPONSIBILITIES
- Support economic evaluation of projects in development (PPA RFPs, BTAs) and M&A opportunities to inform bids presented to prospective counterparties; support risk assessment to be presented to internal Investment Committee to inform business decisions
- Support team in raising third party capital in the form of development financing, construction debt, tax equity, back-leverage debt, etc. to support the buildout of all projects while ensuring cost competitiveness
- Support strategic sale of equity interest for company-owned projects, including by preparing financial models, creating and workshopping marketing materials, etc.
- Support team with updates and analysis on regulatory policy and market trends, including new structures enabled by the Inflation Reduction Act, energy price forecast analysis, etc.
- Lead interactions / communications with internal (and at times external) subject matter experts to ensure accuracy and quality of all deliverables
- Coordinate cross-functional team effort to anticipate and resolve issues in order to execute on transactions under tight timelines
- Regular attendance, in accordance with company's attendance policy and supervisory assignment, is an essential job duty requirement for this position
- Strong proficiency in Microsoft Excel and Microsoft Powerpoint
- Basic familiarity with financing documents and ability to translate financing terms from transaction agreement to financial model
- Demonstrated ability to coordinate cross-functional teams, including Legal, Tax, Accounting, EPC, etc, as part of successful deal closing and/or project management
- Bias for action; acting with the appropriate degree of urgency with an ultimate focus on delivering results
- Strong ability to problem solve, resolve complex issues identified from detailed knowledge and review of project characteristics, and lead succinct action plan for teams to execute
- Strong sense of accountability and responsibility over work product
- Education : Bachelor’s degree required
- Years of Experience : 1-2 years of experience in project finance, renewable energy, or a related field
- All candidates are subject to a financial modeling skill assessment, in which they will create a basic project-level cashflow model for a renewable energy asset based on example project assumptions that will be provided.
The anticipated starting pay range of this position, if it were to be located in Irvine, CA is as stated above.
The above-listed salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. The salary range shared in the job description is for the listed position and only pertains to the candidate if they work in Irvine, CA. Actual compensation is influenced by a wide array of factors including but not limited to internal pay equity, skill set, education, licenses and certifications, geographic location, essential job duties and requirements, and the necessary experience relative to the job’s minimum qualifications. An additional discretionary bonus structure or incentives may be offered as part of the overall compensation package, in addition to the full range of medical, dental, and/or other benefits, dependent on the level and position offered.
· Stationary Position: frequently remains stationary up to 90% of the time and sitting up to 8 hours in a day
· Move/Traverse: infrequently bend, stand, stoop and/or walk
· Carry Weight: infrequently carry weight and/or lift objects (light to heavy) weighing up to 10 pounds
· Hearing and Speech: frequently communicates with the ability to hear and talk on a regular basis with employees, coworkers, and all personnel matters; must be able to exchange accurate information in these situations
· Sight: frequent use of sight to detect images on computer, office documents, and office objects near and far
· Climb: occasionally ascends/descends on stairway to get to office upper and lower floors
· Travel: review above travel requirement for this position
· Regular professional, office business setting
· Noise level ranges from low to moderate (if in office setting)
· Noise level ranges from moderate to high (if on construction worksite)
Hanwha Q Cells is proud to be an at-will Equal Opportunity Employer and prohibits discrimination against race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, pregnancy, citizenship, disability, protected veteran status and any other classification protected by applicable federal, state or local law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
We are committed to the full inclusion of all qualified individuals. As part of this commitment, Hanwha Q Cells will provide reasonable accommodations to all qualified individuals with disabilities to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment. Please contact us to request accommodations at firstname.lastname@example.org.
Nothing in this statement shall imply implicitly or explicitly a guarantee of employment outside our at-will employment opportunity.