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This role has a hybrid work arrangement (1-2 days a week in our NYC office). That said, we value flexibility and if you have a different preference, please do not let that deter you from applying lets talk about it!

Energy storage is the key to unlocking a future where our world is powered by renewable resources. At Convergent Energy and Power, our mission is to make the electrical grid cleaner, more reliable, and less expensive by leveraging state-of-the-art energy storage and distributed generation technologies. We encourage people from minority or marginalized groups to apply. If you dont meet 100% of the below qualifications, but see yourself contributing, please submit an application. Applicants must be authorized to work for any employer in the United States or Canada. We are unable to sponsor or take over sponsorship of an employment-based visa at this time.

The Finance and Capital Markets (FCM) team has two focus areas: Capital Markets and Financial Planning & Analysis (FP&A). The Capital Markets team deals with capital raising (project finance, tax equity, corporate revolvers, etc.), and the FP&A team partners with internal stakeholders to set budgets (revenues, expenses, EBITDA, capex, equity capital needs, etc.) and track/report performance to the executive committee, board, and equity investor(s).

What Youll Do

• Maintain the pro-forma financial projections across operating assets and projects in advanced development on a deal-by-deal and aggregate basis; articulate the story behind the drivers of growth, risk factors and volatility.
• Support the quarterly/annual corporate budgeting exercise; prepare financial budget/forecast and analyze actual performance against budget.
• Support the development and delivery of quarterly/annual reporting packages for the Executive Committee, board and equity investor(s).
• Report key financial KPIs vs. projections; articulate key growth drivers, revenue segmentation, volatility, portfolio sensitivities and downside risks.
• Provide support to the Accounting and Tax team to prepare financial statements.
• Develop and maintain robust valuation methodologies with key defensible assumption driving the pro- forma financials; oversight of valuation at the project and overall portfolio level.
• Partner with diverse internal stakeholders -- Asset Management, Portfolio Strategy and Compliance, Sales, Legal, M&A, Regulatory and Government Affairs (RAGA), Analytics, Commercial Operations, Project Execution, Procurement, Accounting and Tax -- and external consultants to manage all financial aspects of the operating assets and assets under construction.
• Support the tracking/forecasting of Letter of Credit needs across the portfolio, and partner with external stakeholders to issue Letter of Credits on a timely basis.

Requirements

• 0-2 years of experience
• Proven team player collaborating with diverse internal teams Asset Management, Portfolio Strategy and Compliance, Sales, Legal, M&A, Regulatory and Government Affairs (RAGA), Analytics, Commercial Operations, Project Execution, Procurement, Accounting and Tax, etc. and external consultants (IE, insurance/market consultants, appraisers, cost-seg) to deliver structured yet streamlined financing solutions along with optimal risk allocation.
• Excellent oral and written communication skills and the ability to concisely present information to senior management and third parties.
• Highly proficient in Excel.
• Excellent analytical skills.
• Advanced modelling capabilities with ability to work with large data sets.
• Ability to build and maintain complex financial models.
• Build and present PowerPoint presentations.
• Intellectual curiosity, and ability to learn quickly.
• Ability to multi-task.

Benefits

Our priority at Convergent Energy and Power is to ensure that every team member feels valued and supported to have a healthy balance between work life and personal life. We believe a full life outside of the office makes for a happier, healthier team. We support that by offering robust benefits such as but not limited to, the following:

• Medical, Dental, and Vision insurance
• Vacation, Sick, and Volunteer days
• 401K with an employer safe harbor match
• Special Vendor Discounts on programs for:
  • Fertility, Surrogacy, and Adoption
  • Global Travel Assistance
  • Pet Care
  • Fitness Programs
  • Alternative Medicine
  • Identity theft and fraud prevention
    

Base Salary Range: $80,000- $95,000 ; Salary Commensurate with Qualifications and Experience.
Convergent is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, height, weight, or any other characteristic protected by applicable laws, regulations, and ordinances. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements in the country where we operate. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to talent@convergentep.com