What are the responsibilities and job description for the Financial Analyst - Peaks Renewables position at Summit Utilities Inc?
Join our Growing Team and see why Summit Utilities, Inc was named as one of the Fastest Growing Denver Area Private Companies 2019 and 2020; Best Places to Work in Maine 2019, 2020, 2021, 2022 and 2023; and Best Places to Work in Arkansas 2020 and 2023, Oklahoma 2022 and 2023 and Missouri 2023. Summit was also recently named one of Forbes 2023 America’s Best Small Employers.
Summit is a growing natural gas utility company providing safe, reliable and clean burning natural gas service to homes and businesses in Arkansas, Colorado, Maine, Missouri and Oklahoma. Being part of the Summit team means embracing excellence, diversity and innovation, committing to safety each and every day, and doing all that we can to serve each other, our customers and the communities where we live. We aim to bring warmth and energy to everything we do.
Peaks Renewables is a renewable energy development company specializing in the development of low carbon, carbon-neutral, and carbon-negative renewable natural gas projects leveraging a range of different feedstocks and technology types. Peaks’ goal is to help states, communities, utilities, homeowners, and industries reduce emissions while creating economic growth and providing access to clean, safe, dependable, and affordable energy solutions. Peaks is a subsidiary of Summit Utilities, Inc., and has focused on investing in projects that will drive down emissions in the thermal energy sector by utilizing waste to fuel homes, businesses, and industries throughout the United States. Peaks' current focus is renewable natural gas (RNG) development from agricultural waste, landfills, food waste, using anaerobic digestion and gasification to help us move closer to a low-carbon future.
We have an exciting opportunity available for a Financial Analyst. This hybrid role requires working from one of our offices in Portland, ME or Fort Smith, AR.
POSITION SUMMARY
This position will serve a key role in supporting Business Development and FP&A activities at Peaks. As a direct report to the company’s Finance Manager, this position will be responsible for various critical business functions such as debt fundraising, project feasibility analysis and merger and acquisition due diligence, as well as forecasting, budgeting, analysis, and reporting responsibilities. The work will take place in a fast-paced environment with constantly evolving priorities depending on project development priorities, reporting deadlines, and other ad hoc requests.
PRIMARY DUTIES AND RESPONSIBILITIES
- Complete applications for debt financing and loan guarantees from federal support programs
- Conduct comprehensive financial analysis and valuation modeling for new investments, including developing sensitivities for various development scenarios and outcomes
- Screen and evaluate the feasibility of new M&A and project opportunities, ensuring alignment with corporate strategy and objectives
- Develop and refine commercial proposals, working closely with internal teams to structure deals that maximize value and mitigate risk
- Assist with due diligence processes for acquisitions, including financial assessments and coordination of internal approval processes
- Design, develop, and implement methods and strategies to enhance financial models and streamline processes
- Facilitate the coordination of Peaks’ annual budget process and quarterly reforecasts for all growth capital projects to ensure alignment with corporate objectives; assist with the 5-year growth plan in collaboration with the business development team
- Support the preparation of presentations for the Risk Management Committee, regular corporate data reporting, C-team, and Board meetings
- Work closely with the Summit and Peaks teams to ensure timely and on-budget project development across both RNG and H2 projects
- Maintain up-to-date knowledge of developments in the fields of energy, business, finance, and economic theory to inform strategic decisions
- Execute ad-hoc financial analysis or reporting tasks in support of the company's financial objectives
- Represent Peaks and Summit Utilities in meetings, conferences, and other external engagements to foster relationships and explore business opportunities
- Other duties as assigned by the Finance Manager, Peaks Commercial Strategy Team, and/or the Operations team
EDUCATION AND WORK EXPERIENCE
- Bachelor’s degree: major in business, accounting, finance, or economics preferred
- 0 to 2 years of relevant work experience, such as investment banking, corporate development, management consulting, or private equity
- Demonstrated experience working in Microsoft Excel and PowerPoint is a must
- Experience developing advanced, integrated financial models
- Energy/Utility industry experience is a plus
- Interest or demonstrated experience in debt capital markets is a plus
KNOWLEDGE, SKILLS, ABILITIES
- Strong competencies in corporate valuation techniques, financial modeling, forecasting, and business development is preferred
- Ability to conduct and interpret quantitative/qualitative analysis with the proven ability to communicate complex financial concepts and data in an understandable manner to all levels of management and staff
- Demonstrated success in consulting effectively with all levels of management including executives; must possess the ability to influence others without direct position power to earn credibility and trust
- Must be able to manage multiple work streams and be capable of succeeding across a diverse portfolio of projects and responsibilities
- Business partnering mentality
- High attention to detail, strong organizational skills, and meticulous analytical capability
- Highly proficient in all Microsoft Office suites of products (Word, Excel, PowerPoint, etc.)
- Strong ability to take initiative and manage multiple projects successfully while maintaining an even-keel approach and commitment to deadlines
Summit offers competitive pay and medical/dental/vision and other benefits that provide flexibility, choice and support to our employees when they need it most. We understand that home and family are essential pieces of your life, and our benefits are designed to support you both at work and at home.
Summit Utilities, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender, gender identity, sexual orientation, age, status as a protected veteran, or status as a qualified individual with disability.