Director of Finance

JOB PURPOSE SUMMARY (Results/Output): This position, reporting directly to the CFO, entails a leadership role in the development and management of comprehensive financial models for the business. The incumbent will oversee financial aspects related to existing business operations, potential acquisitions, divestitures, and development projects, as well as take charge of external reporting and presentations to the Board of Directors (BoD), Senior Management, and debtholders. This senior position involves rigorous monitoring, collection, and analysis of financial and KPI data across various business facets, distilling complex information into easily understandable financial performance reports. Furthermore, the role encompasses in-depth analysis and support for debt compliance and reporting, along with preparation of the company's financial and operational forecasts and budgets.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Financial Planning & Analysis (25%)

• Develop and own financial models to support decision-making processes
• Manage annual budgeting process across individual powerplants and corporate departments and utilize FP&A Software to warehouse data and feed into corporate model for further analysis
• Perform monthly EBITDA review and variance analysis and communicate meaningful findings with senior management
• Prepare quarterly forecast update of plant generation, operating expenses and capital expenditures in partnership with other departments and plant managers
• Identify and act on opportunities for process improvements and cost savings

Investor Relations (25%)

• Prepare quarterly board of director presentations and monthly performance review materials
• Perform scenario analysis as requested to forecast financial outcomes
• Cultivate positive lender relationships, ensuring effective communication and proactively providing operational and financial updates

Corporate Development (15%)

• Evaluate potential corporate transactions and development/capital investment opportunities to determine overall financial viability and project economics
• Negotiate amendments of existing credit agreements where needed

Treasury & Cash Management (15%)

• Closely monitor and manage liquidity across different project financing facilities and restricted and unrestricted accounts to optimize overall corporate liquidity
• Manage letter of credit and surety bond issuances, revolver draws and repayments

Debt Compliance (10%)

• Ensure accurate and timely reporting of DSCR, operating reports, and other regulatory requirements across corporate debt facilities

Risk Management (10%)

• Oversee the company’s commercial insurance program and yearly renewals
• Assist with obtaining certificates of insurance and submit insurance claims as necessary
• Other related duties and responsibilities as needed and assigned.

KEY PERFORMANCE INDICATORS (KPIs):

• Create clear, informative, and concise reports and forecasts for Business Managers, Senior Management, Board of Directors, debtholders and shareholders.
• Create useful financial reports using Excel, Adaptive Planning, NetSuite and/or similar applications.
• Creating clear and professional presentations using PowerPoint and/or similar applications.
• Assist in creating better and more efficient processes for collecting data and evaluating business performance.
• Willingness to work with engineering, resource, accounting teams to develop deeper understanding of the renewable energy industry and business operation.
• Team player

QUALIFICATIONS

EXPERIENCE & QUALIFICATIONS:

• At least three years of experience in a finance-related role. Energy industry / Investment banking or project financing experience a plus.
• Excellent written and verbal communication skills.
• Able to effectively manage large amounts of data and multiple projects/tasks at one time.
• Able to travel domestically up to 10% of the time.

PHYSICAL DEMANDS AND WORKING CONDITIONS:

• Ability to sit for long periods of time
• Able to type and view a computer screen for concentrated periods of time
• Occasional work outside of normal working hours

MINIMUM EDUCATION REQUIREMENTS:

• BA/BS/BBA in Finance, Accounting, or related field.
• Advanced degree and/or CPA/CFA a plus.

COMPETENCIES (Knowledge, Skills & Abilities)

• High proficiency in Microsoft PowerPoint and Excel.
• Working understanding of best practices in financial modeling.
• Strong conceptual knowledge of accounting and finance.
• Conceptual understanding of data migration among various platforms (spreadsheets, planning software and ERP system).
• Prior use of Workday Adaptive Planning and NetSuite, a plus