AES New Business Models, Manager in United States
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POSITION : Manager of Finance, New Business Models
DEPARTMENT : Finance: Growth Initiatives
REPORTS TO : Director, Growth Initiatives
KEY INTERACTIONS: Monthly exposure to CFO, additional exposure to C-Suite. This position coordinates internally with all project teams (legal, engineering, construction, land, M&A, development, risk, and project management) as well as externally with consultants and market SMEs.
AES Clean Energy (“AESCE”) is an established and rapidly growing renewable energy company with headquarters in Salt Lake City, Utah and Boulder, Colorado. The Growth Initiatives team is the analytical, financial analysis, and decision-support team that analyzes and evaluates all new business in AESCE. This position will be responsible for the valuation and financial structuring process of transactions in a specific region of the US.
Complex financial models incorporating debt, tax equity, and permanent equity financing to evaluate project economics and assist senior leaders in the decision-making process. This team member will manage a team of analysts and associates. Strong candidates will have experience in the valuation and financing of renewable energy projects across technologies (primarily Solar, Wind, Energy Storage) and markets in the US.
The role will work closely with the Business Development, Origination, M&A, and Products teams to quickly evaluate opportunities and structure financial solutions. It is expected that this position can lead a team on a project basis and influence outcomes successfully outside of reporting lines.
The role can be remote or in one of our Clean Energy offices (Louisville CO, Salt Lake City UT, New York NY, Arlington VA). There is up to 10% / 15% travel requirements.
To analyze and value potential new opportunities and strategies
Work with the commercial, development, and product teams to analyze new market potential, including market size and commercial structures.
Determine appropriate financial structure for innovative investment opportunities and set the valuation parameters through which assets will be analyzed.
Maximize growth (defined by market share, margin, and bid success rate) of AESCE through leveraging knowledge of finance and power markets to (1) inform how ACE values renewable energy assets (wind, solar, BESS), and (2) proactively identify power market evolutions and help tailor financing solutions to best address those market changes.
Help coordinate cross-functional teams in developing business case analyses
Support quality assurance on economic metrics going to senior management for project development decision-making
Present power market-related deal information to management Senior Leadership Team, Investment Committee and Risk Management Committee in order to facilitate informed financing decisions regarding market risk and opportunities
Overall responsibility for project financial modeling for the transactions that she/he leads or supports
Skills and Qualifications :
3-7 years of renewable energy finance and / or market experience, with a focus on knowledge of power markets, both generally and specific to renewable energy assets.
Understanding of the debt and tax equity structures utilized for financing renewable energy transactions required.
Experience managing teams and coordinating with numerous internal and external counterparties.
Strong business and financial savvy with the ability to support a high-performance organization that will deliver operational excellence and meet or exceed financial targets
Excellent verbal and communication skills
Extensive knowledge and capabilities to work in Microsoft Excel, Power Point, and Word.
Diligent, detailed oriented, and dynamic; able to self-organize priorities.
Fun to work with and outstanding interpersonal skills.
- Bachelor’s or Master’s in Finance, Business, Math, or relevant work experience preferred.
- Commensurate with experience; competitive
AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.
Safety comes first at AES. To protect the health and safety of our people, customers, communities and partners, and to provide and maintain a workplace that is free of known hazards, AES requires all newly-hired people or current AES people applying for U.S.-based role(s), to be fully vaccinated against COVID-19 or be willing to be fully vaccinated against COVID-19 by their date of hire. Except where prohibited by law or not specifically covered in a collective bargaining agreement, new hires and transfers will be required to provide proof of vaccination during onboarding and periodically thereafter. This policy will comply with all applicable laws and is based on guidance from the Centers for Disease Control and Prevention and local health authorities, as applicable.
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