What are the responsibilities and job description for the Senior Finance Analyst, Corporate FP&A position at Navisun?
Company Background :
Founded in 2017, Navisun LLC is a solar and storage independent power producer within the United States that co-develops, develops, acquires, builds, owns, and operates distributed and small utility-scale solar and energy storage projects. The Navisun team has completed numerous projects for municipal, commercial, utility, and institutional partners throughout the United States, with typical project sizes ranging from 3 to 20 megawatts. In January 2022, OMERS acquired Navisun to serve as OMERS’ distributed scale solar and storage platform and to complement prior investments in the renewable energy sector.
The company currently owns over 100 MW’s of distributed generation and targets the addition of 100 MW annually and 1 GW over 5-7 years, through a mix of organic and inorganic growth initiatives. Navisun is poised for significant expansion with its strong pipeline, co-development partnerships, the continued pursuit of opportunistic acquisitions, and a committed owner in OMERS Infrastructure.
OMERS Infrastructure is the infrastructure investment arm of OMERS, one of Canada’s largest defined benefit pension plans with $134 billion in net assets (as of June 30, 2024). Headquartered in Toronto, OMERS also has offices in New York, London, Singapore, Sydney, and other major cities across North America, and originates and manages a diversified portfolio of high-quality investments in public markets, infrastructure, real estate, and private equity. A long-term and patient owner, OMERS is committed to investing in the energy transition globally.
Summary :
Navisun is seeking a Senior Finance Analyst, Corporate FP&A to work with the VP, Finance on the preparation of monthly management reporting, provide financial modeling and analytical support for short and long-range business plans, and execution support for corporate financial planning and forecasting. This position demands not only financial skills but also the ability to understand the company's complex structure and operations, while thinking strategically. The successful candidate will partner with the Senior Leadership Team to ensure they have the information necessary to run the business. This role requires a multifaceted employee who is seeking to engage across origination, development, construction, asset management, legal, and project finance practices to ensure projects achieve core funding milestones efficiently and effectively.
Responsibilities :
Key responsibilities include :
- Develop, generate and enhance end-to-end financial and operational models, including annual multi-year strategic plans for the Company through an annual planning process including analysis on progress through monthly, quarterly and annual reviews;
- Ensure the correct financing assumptions are included in the relevant financial models to assist in forecasting of quarterly cash distribution and DSCR coverage ratios for all operating portfolios;
- Assist in the preparation of monthly, quarterly and annual presentations, reporting and Board materials, including coordination with Senior Leadership, Construction Operations, Asset Management and Business Development for data inputs and commentary;
- Maintain an active understanding of current trends in the renewable energy markets encompassing debt and equity markets along with state & federal incentive programs;
- Build and maintain a direct link between FP&A and Accounting to facilitate accurate and timely reporting;
- Support origination efforts, including scenario analyses, to secure tax equity, construction / term loan and corporate commitments to optimize the capital structure; and
- Support the management of data rooms, diligence trackers, external experts, lawyers, and other third-party consultants contributing to project diligence as part of a debt and / or tax equity financing;
Qualifications :