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Project Finance Analyst

$70,000-85,000/year

Convergent Energy and Power

New York, NY, USA

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Description

This role has a hybrid work arrangement (3 days a week in our NYC office). That said, we value flexibility and if you have a different preference, please do not let that deter you from applying – let’s talk about it! Applicants must be authorized to work for any employer in the United States or Canada. We are unable to sponsor or take over sponsorship of any employment-based visas at this time. Energy storage is the key to unlocking a future where our world is powered by renewable resources. At Convergent Energy and Power, our mission is to make the electrical grid cleaner, more reliable, and less expensive by leveraging state-of-the-art energy storage and distributed generation technologies. The Project Finance Analyst will play a key role in evaluating Convergent’s energy storage solutions for utilities and end-use customers within targeted markets. This position ensures projects are both economically viable and competitively positioned, while also supporting finance and capital markets by modeling debt and tax equity to advance Convergent’s financing needs. The Analyst will help drive the financial performance of projects and work closely with the Project Development and Sales teams to optimize offerings. Ultimately, this role contributes directly to the strategic growth of Convergent’s energy storage portfolio. This is an individual contributor role and therefore does not have any direct reports. What You’ll Do Financial Modeling and Analysis (70%) o   Prepare and analyze financial models to evaluate the economic feasibility of energy storage and solar-plus-storage projects. o   Support debt and tax equity transactions through modeling and due diligence. o   Maintain and update standard financial models and tools to improve efficiency and accuracy. o   Support Business Development and Project Development teams by providing accurate financial and operational data for decision-making. Market Research and Strategic Insights (20%) o   Assist with market research, including the collection and interpretation of data related to tariffs, regulations, and market trends. o   Communicate findings and insights effectively to internal stakeholders. Process Improvement and Ad Hoc Support (10%) o   Contribute to ad hoc projects to support the team’s evolving needs. Requirements Required Qualifications o   Bachelor’s degree in finance, business, economics, STEM, or a related quantitative field. o   1-3 relevant internships. o   Beginner proficiency in Microsoft Excel for financial modeling. o   Basic understanding of discounted cash flow (DCF) analysis and financial principles. o   Strong attention to detail to ensure accuracy in deliverables. o   Ability to collaborate effectively with cross-functional teams. o   Strong written and verbal communication skills for presenting findings. o   Capacity to prioritize tasks and meet deadlines in a fast-paced environment. o   Proactive approach to managing assigned responsibilities. o   Alignment with Convergent’s mission and values: Continuous Improvement, Diversity Equity and Inclusion, Ethical Governance, Safety, Sustainability, Collaboration, Ownership, Resilience, and a strong interest in the Clean Energy Transition. o   Indicate 8% of time spent traveling for team events, company-wide meetings, and occasional site visits. Preferred Qualifications o   1-2 years of professional experience. o   Experience with energy markets, including storage and renewable energy projects. o   Experience with financial modeling and discounted cash-flow analysis. o   Intermediate to Advanced proficiency in Microsoft Excel for financial modeling. o   Ability to analyze and work with large datasets. o   Familiarity with statistical or analytical tools (e.g., Python, R). Benefits We're dedicated to fostering a welcoming and inclusive culture that prioritizes the safety and well-being of all our clean energy professionals. We embrace and learn from our diverse backgrounds, encouraging open dialogue and growth. Through resources like our active Employee Resource Groups, DEI Working Group, and comprehensive training and workshops, we're continuing to build a supportive community that celebrates the convergence of our identities. Our priority is to ensure that every team member feels valued and supported to have a healthy balance between work life and personal life. We believe a full life outside of the office makes for a happier, healthier team. We support that by offering robust benefits such as but not limited to, the following: Medical, Dental, and Vision insurance Vacation, Sick, and Volunteer days 401K with an employer safe harbor match Special Vendor Discounts on programs for: Identity theft and fraud prevention Base Salary Range: $70,000-$85,000; Salary Commensurate with Qualifications and Experience. We encourage people from minority or marginalized groups to apply. If you don’t meet 100% of the above qualifications, but see yourself contributing, please submit an application. Convergent is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, height, weight, or any other characteristic protected by applicable laws, regulations, and ordinances. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements in the country where we operate. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to talent@convergentep.com

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New York, NY, USA
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