What are the responsibilities and job description for the Director, Transactions position at OCI Alabama LLC?
Job Description: Director, Transactions
Reports to: Executive Vice President, Business Development
Location: San Antonio, TX (HQ)
Company: With over a decade of proven success, OCI Energy (formerly OCI Solar Power) is a well-respected battery energy storage and solar project developer and owner-operator of renewable energy assets.
We are seeking a high energy candidate with significant transactional experience. The ideal candidate is goal-oriented and thrives in a deadline driven environment.
JOB SUMMARY:
The candidate’s initial reasonability will be to lead the divestitures of projects under development (pre construction opportunities) and secondarily to originate new opportunities.
- Divestitures
- Prepare offering materials for sale and/or project financing of battery energy storage and solar PV assets
- Lead the outreach to potential project buyers by utilizing the candidate’s industry network, making new contacts and leveraging the company’s existing relationships
- Manage data rooms to ensure timely and accurate delivery of project information
- Support buyer’s due diligence process via prompt response to all inquiries and information requests (requires experience managing cross functional teams of peers)
- Lead contract negotiations to ensure profitable and timely completion of assigned transactions
- Other Transactions (e.g. PPAs, Build Transfer Agreements and Tolling Agreements)
- Serve as manager responsible for thorough preparation and timely submittal of high quality proposals for new contracts
- Manage cross functional teams of internal (e.g. engineering, financial analysis) and external resources (e.g. consultants and advisors) to ensure accurate, timely and competitive submittal of proposals
- In collaboration with the Sr. Financial Analyst, provide pricing recommendations, including assumptions and rationale to support the recommendation
- Lead contract negotiations
- Weekly and Monthly Reporting
- In collaboration with the Executive Vice President of Business Development, prepare weekly and monthly reports
PROFESSIONAL QUALIFICATIONS:
- Bachelor’s degree in Business, Engineering or other relevant area of study
- MBA preferred
- Five plus (5 ) year’s experience in a similar role within the independent power, utility or renewable energy sector
- Although not required, preference will be given to candidates with recent experience related to financial modeling involving tax equity partnership flip transaction structures and battery energy storage projects
PROFESSIONAL QUALITIES:
- Significant transaction experience
- High energy
- Goal oriented
- Ability to both see the big picture and to address the details of relevant transactions
- Self-starter that can work independently on projects and motivate internal and external resources to meet key project deadlines and produce timely results that exceed expectations
- Strong interpersonal skills and ability to work across multi-functional teams and with senior management
- Well-developed written, verbal and presentation skills
Other:
- Travel required, perhaps internationally
- Valid Driver’s license; acceptable driving record
OCI Solar Power LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. OCI Solar Power LLC complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities.
