AddressSummary
The Project Finance Investment Manager will be supporting NYPA’s Project Finance and financial structuring activities for large scale renewable generation, transmission, energy efficiency, renewable distributed generation and other project and corporate funding opportunities.
This position will help NYPA fulfill its role in New York State’s GHG reduction goals through clean energy project development.
The Project Finance Investment Manager will work with various debt and equity financing structures and government tax incentives.
In this role, they will provide due diligence and financial analysis support to senior staff’s execution and administration of project financing, asset valuation, M&A, power purchase agreements, new business ventures, and other projects. They will manage financial models, financial RFPs, financial analysis, program administration, as well as other project/corporate financing needs.
The position will require complex problem solving with deadline-oriented work. Exposure to financial structuring will be significant.
Keys to success in this role include: Intermediate to Advanced MS Office skills, analytical skills, excellent attention to detail, and enthusiasm for Project Finance and energy (including Renewables).
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Responsibilities
- Manage and develop financial models and presentations for various project financing structures including assisting in performing sensitivity analysis and analyzing accounting/ tax implications.
- Own and perform financial results analysis to identify variations and trends that indicate possible risks and exposures.
- Develop RFPs for various power projects, co-investors and consultant support services.
- Drives analysis and assists in development, risk mitigation and rollout of new funding efforts.
- Manage cross functional projects to ensure that financial processes are effectively integrated and maintained across different workstreams.
- Responsible for the adoption of new financial tools and technologies, facilitating smoother financial operations and enhancing the capabilities of the finance team.
Knowledge, Skills and Abilities
- Contribute to the creation and maintenance of detailed financial models and presentations for various power and transmission projects, including performing sensitivity analysis.
- Knowledge of various debt and equity power financing structures available to project developers and understanding of renewable power and/or transmission project development cycle.
- Highly competent writing skills with ability to summarize analysis and present findings to stakeholders.
- Ability to pivot and change work priorities as new details emerge.
- Strong analytical skills, with the ability to analyze financial and operational data, think through complex problems, and perform wide-ranging risk analysis, including statistical and quantitative analysis.
- Desire to work in renewable energy, transmission, financial engineering and risk mitigation, with a detail-oriented and strong analytical approach.
- Ability to work independently with given assignments, manage deadlines and quickly pick up on complex technical, political, and interpersonal issues.
- Organizational skills with the ability to handle significant workload and fast-paced environment with multiple projects, timelines, and due dates.
Education, Experience and Certifications
- Bachelor’s degree in finance, economics, accounting, or a business-related field required; MBA or a Graduate Degree preferred.
- Minimum of 4 years of experience in accounting, finance, or Project Finance experience preferred.
- Minimum of 3 years of finance experience with a strong background in financial structuring and developing financial models is preferred.
- Power or utility experience preferred.
Physical Requirements
The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The target salary range for this position is: $95,440.00 - $140,000.00. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.
The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email accessibility@nypa.gov.
