What are the responsibilities and job description for the D. E. Shaw Renewable Investments: Corporate Finance Associate (FP&A and Treasury) position at The D. E. Shaw Group?
D. E. Shaw Renewable Investments (DESRI) seeks a resourceful and highly motivated individual to join its Finance group in Denver as a corporate finance associate. DESRI is a market leader in renewable energy assets across the United States that currently owns, operates, or has contracted more than 6,000 MWac of capacity among a portfolio of over 65 renewable energy assets, with an additional pipeline of projects in excess of 3,000 MWac. The individual in this role will become part of a small, inclusive, highly skilled team responsible for supporting DESRI’s portfolio of wind and solar energy projects in a fast-paced environment that values collaboration, thoughtful problem solving, and attention to detail. This role will provide the opportunity to gain a macro view of DESRI’s broader financial activities and learn about complex legal entity structures and transactions. It also affords substantial interaction with other departments and business areas, including Legal & Compliance, FP&A, deal teams, developers, and asset managers.
Responsibilities:
You’ll work on a wide variety of corporate finance initiatives, with a heavy focus on managing our five corporate debt facilities, Treasury, and Financial Planning & Analysis (FP&A). When managing the debt facilities, you’ll work on periodic updates to the financing models and supporting workpapers. These will include high-profile initiatives in addition to typical compliance, and will require the ability to coordinate with internal stakeholders as well as external parties such as bankers, independent engineers, and consultants. On the Treasury side, you’ll be responsible for coordinating and administering various cash payments and receipts on DESRI’s 65-plus solar and wind projects, and financing and corporate entities, while ensuring adequacy of funds at all times. You’ll work with stakeholders including bankers, investors, senior management, asset managers, and accounting to ensure that the cash side of the business is functioning efficiently, and continuously develop and implement process improvements. You’ll also be responsible for preparing periodic reports for the financing parties and senior management. On the FP&A side, you’ll be responsible for forecasting DESRI’s short-term and long-term cash position at both the corporate and project levels, tracking overall deal flow, planning for upcoming significant fundings, identifying and alleviating liquidity and covenant compliance concerns, and optimizing distributions. You’ll use various existing forecasting and budgeting tools in this process while striving to build them out further and implement new ones to streamline, consolidate, and broaden our forecasting capabilities. Depending on individual abilities and the business’s needs, you may also be involved in other areas of corporate finance, including financing transaction execution and implementation, valuations, and modeling.Associate, Corporate Strategy
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