Address
Form of workThe energy industry is changing, and California Resources Corporation is committed to leading the charge towards net zero fuel. While continuing to provide ample, safe, and reliable energy to the state of California, we are making substantial investments in decarbonization by actively developing carbon capture and storage (CCS) and other emissions reducing projects. We are seeking driven and innovative individuals to join us in shaping the future of the industry.
Carbon TerraVault ("CTV") strives to be the premier carbon management and clean energy platform, and is at the forefront of deploying scalable, low-carbon, and cost-effective solutions to unlock and de-risk the pathway to carbon neutrality as an investible, high-growth business. We are seeking driven and innovative individuals to join us in shaping the future of the energy transition. CTV is a wholly owned subsidiary of California Resources Corporation ("CRC"). In August 2022, CRC entered into a joint venture with Brookfield Renewable, who committed an initial $500 million to invest in carbon capture & storage projects.
General Description
The CTV team is growing and looking for a motivated Financial Advisor to be responsible for leading the economic and financial analysis in support of the business. The role offers significant exposure within the organization and the opportunity to participate from the ground floor in an emerging sector. The successful candidate will have relevant experience in the energy / renewables / infrastructure sectors and, in particular, possess a strong analytical and financial modeling background.
This position is based in Long Beach, CA and is eligible for a both a 9/80 and hybrid work from home schedule.
The base annual salary for this posted position is reasonably expected to range from $95 to $165K with a target annual bonus opportunity ranging from 15% to 20% of base salary and eligibility to participate in our long-term incentive program. Your actual level and base salary, however, will be determined on a case-by-case basis and may vary based on the following considerations: job-related knowledge and skills, education, and experience.
Benefits Include: Medical, Dental, Vision, 401k with Match, Paid holidays, FSA, HSA.
Responsibilities
Work with internal and external stakeholders to drive the economic and financial analysis relating to energy transition projects, acquisitions, and partnership opportunities.
Prepare financial models, valuation, and returns analysis.
Assist in the identification and evaluation of potential CCS and energy transition projects.
Conduct market research and analysis to identify growth opportunities and emerging trends.
Participate in the evaluation and execution of new commercial structures and partnerships.
Support the CTV joint venture with Brookfield Renewable, focused on facilitating the global transition to a net zero carbon economy.
Contribute meaningfully to the corporate decision-making process and development of business strategies.
2 years of investment banking (especially those with project finance and energy/infrastructure experience), capital markets, corporate finance, or similar experience.
Must have a minimum of 2 years of financial modeling experience.
Bachelor's degree in Business, Finance, Economics.
Solid corporate valuation expertise and deal experience (preferably in Energy / Infrastructure).
Excellent interpersonal / communication skills.
Ability to establish immediate credibility with internal and external stakeholders and build relationships / achieve goals through influence.
Creative thinker with the ability to seek innovative solutions to complex technical/business problems.
Must be able to work in a fast-paced, high-growth, entrepreneurial, ever-changing environment.
CRC is an Equal Opportunity Employer M/F/Disability/Veteran
