What are the responsibilities and job description for the Project Financial Modeler position at Anaergia?
*This role will be either based in Italy, Europe OR Burlington, Ontario, Canada OR Carlsbad, California USA and we are open to accepting applications from either of these regions. It will be a hybrid remote/office role with schedule flexibility*
About Us:
Anaergia (TSX: ANRG) is a global leader in offering sustainable solutions for the production of clean energy and the conversion of waste streams to resources. Through a proven portfolio of proprietary technological solutions, Anaergia maximizes the generation of renewable energy, diversion of waste from landfill and reduction of greenhouse gases for customers across the municipal, industrial, commercial and agricultural sectors. Headquartered in Burlington, ON, and through its multiple subsidiaries across North America, Europe, Africa, and Asia, Anaergia is trusted at more than 1,600 installations globally.
Job Overview:
Anaergia Inc, Build, own, Operate (BOO) development side of the business is seeking a Project Financial Modeler with 3-5 years of experience, to join our team our North American office preferably in Burlington, Ontario, Canada. Remote working is a possibility. The successful candidate will work closely with our development team, environmental consultants and permitting specialists on renewable energy development projects (Biogas, wastewater solutions, RNG) across the globe. This position will provide an excellent opportunity to be involved in many aspects of early-stage renewables development projects.
The Project Financial Modeler will support project valuation, due diligence, and execution of project transactions and investment decisions for utility-scale RNG/ Biogas projects. The financial Modeler will also be responsible to helping the project development team with organizing transaction documentation to close the project level sales. While not the focus of the position, some financial reporting and budgeting may also be required.
Our Ideal candidate will have a background in finance and experience in renewable energy (preferably biogas related) and evident comfort in and passion for project finance analysis. An understanding of the process for developing, constructing, and operating a renewable energy project is preferred. The candidate should have extensive experience using Excel and has a solid understanding of financial concepts such as time value of money, internal rate of return, cash flow analysis, debt, bond financing, tax equity modeling and tax credits. Experience in developing and managing portfolio level models including developing macros is required. The candidate should also enjoy using these skills to support our team in all aspects of project economic forecasting, including financial modeling of contracts, operating assumptions, cash flows, tax benefits, and other incentives.
Job Responsibilities
- Develop and maintain project models with current and updated assumptions.
- Model economics of project documents, including land leases, interconnection agreements, power purchase agreements, O&M agreements, EPC, etc.
- Monitor and model various financial structures (project finance debt, equity, PTC/ITC, grants and other incentives, depreciation benefits, lease financing, tax equity investments, etc.).
- Perform sensitivity analysis on project models.
- Provide narrative analysis on financial models for project financing and investment consideration.
- Compile and maintain support files to justify project assumptions.
- Assist in building models, tools, process, and infrastructure that supports the organization's accuracy, efficiency, and scalability.
- Support various aspects of a project sales and financing such as due diligence and commercial negotiations. Lead specific closing deliverables such as Appraisal/Cost Segregation Reports, Insurance Consultant Report, and Project Closing activities.
- Interface with stakeholders across the organization to capture information relevant to the financial returns of leads, opportunities, and projects under development
- Monitoring power markets including structured energy transactions
Job Requirements
Education & Experience
- Degree in finance, economics, energy/environmental policy, engineering or other quantitative and related discipline. Graduate degree or CFA preferred.
- Minimum 2 years of experience in project development is required, preferably in the solar / clean energy space) working with project finance models, including modeling tax equity and debt structures
- Highly proficient in Microsoft Excel including experience with project financial modeling.
Competencies
- Strong interpersonal skills with the desire to work in a fast-paced, entrepreneurial environment and to meet deadlines and complete time-sensitive duties
- Strong organization skills and ability to meet frequently changing deadlines in a rapidly changing environment. Ability to manage and track multiple detailed projects simultaneously and complete tasks efficiently.
For additional information on Anaergia, please visit www.anaergia.com
As an Equal Opportunity Employer, Anaergia provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Anaergia will provide reasonable accommodations for qualified individuals with disabilities.