We are partnering with our client to assist with their efforts to recruit a VP, Renewable Finance. They are a unique finance and investment firm. With an emphasis on renewable energy, the business has steadily grown and is expanding its footprint into other corners of the investing world.
They have three core lines of business:
- Renewable energy tax equity investing and syndication
- Capital markets consulting to large residential/C&I solar installers emphasizing capital arrangement, cost of capital reductions, and holistic financing solutions
- Private credit fund dedicated to small businesses
This is a senior position, VP, Renewable Finance, at a high growth company in St. Louis, Missouri focused primarily on the renewable energy sector and combating climate change.
Duties and Responsibilities:
- Source tax credit investment opportunities directly with sponsors and indirectly through brokers, investment banks and consultants
- Manage initial underwriting, modelling, and due diligence of tax credit investments
- Prepare investor presentations and benefit schedules
- Prepare detailed investment memos for transactions that are approved by our client and/or investors
- Lead negotiations with sponsor and sponsor legal counsel on commercial and tax deal points during the term sheet, financial closing, and funding phases
- Tracking and coordinating third party deliverables and diligence items during the course of the transaction
- Maintaining accurate records during the negotiation and diligence phases to ensure deal teams are meeting their obligations and third parties are delivering timely
- Responsible for coordination with asset management team during the closing/funding process in anticipation of an efficient transition to post-closing, lifecycle asset management process
- Assist asset management team with third parties on delivery of periodic reports, financials, tax returns to ensure capital provider obligations are satisfied
- Support initiatives to help the business in achieving its strategic objectives
- Travel for business and attend conferences as necessary
Minimum Requirements:
- Advanced Microsoft Excel skills including understanding of complex project finance models and ability to create well-organized presentations of information to formulate conclusions
- Understanding of renewable energy project finance transactions with an emphasis on tax credit structures (p-flip, inverted lease and transfers)
- Understanding of financial, tax, accounting, and investment concepts
- Strong communication skills, excellent interpersonal skills, both oral and written, and ability to create as well as deliver effective presentations
- Demonstrated experience negotiating tax credit transactions
- Manages self and others to provide exceptional client service by responding with a sense of urgency, practicality, accountability, and integrity
- Ability to evaluate complex situations and independently make decisions on significant matters
- Self-motivated intellectual curiosity
Experience/Qualifications/Education:
- Bachelors Degree in Finance, Mathematics, Engineering, Economics, or related area
- Advanced degree and/or CFA, CPA certification is optional
- 3-5 years of relevant experience in renewable energy tax credit investing including financial modelling, involved in negotiation of critical legal documents, and reviewing third-reports
- Experience leading renewable energy transactions with sponsor, legal counsel, investor and critical third-parties