Company Overview
Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Intersect Power is a privately held clean energy company bringing innovative, scalable, American-made, low-carbon solutions to its customers in global energy markets. We develop, own, and operate some of the world’s largest grid-tied clean energy resources, as well as co-located facilities for large industrial loads, including data centers, e-fuels, and other energy-intensive products. We are laser-focused on the largest, most transformative clean energy projects that decarbonize the existing power grid and bring new loads to clean generation without the need for new transmission. Intersect is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy. We are on an aggressive growth trajectory and are looking to fill key roles with talented professionals who want to make an impact.
Location & Team Gatherings
Intersect has been a fully flexible workplace since its founding in 2016. We’ve been very intentional about the way we do things. We are not work-from-home, hybrid, or in-office – we are any and all of those options! Deepening social connections and offering shared experiences is a cornerstone of the way we work. We connect as a team at our Team Week experiences four times a year and at our recently established Hub locations - SF Bay Area and San Diego, CA; NYC Metro Area, NY; Denver, CO; Houston, TX; Calgary, AB; and Toronto, ON.
About This Position
The Specialist, Portfolio Finance will be responsible for analyzing and maintaining multiple large complex project financial models driving investment decisions and economic outcomes for various project types including Solar, BESS, Hydrogen, Data Centers, Wind etc. Adept at financial modeling in Excel, the Specialist will leverage their skillset to run cases, scenarios and sensitivities across distinct models. The Specialist will be a key member of the Portfolio Finance team reporting directly to Manager, Portfolio Finance within the Capital Markets department. This role requires the ability & willingness to interact with internal stakeholders including, ‘Project Finance’, ‘Asset Management’, ‘FP&A’, and others. The Specialist will also likely be involved in tax equity fundings, construction loans and back-leverage loans as responsibilities increase with time. Active communication in addition to highly organizational skills will ensure success in this role. Knowledge & understanding of tax equity finance, project finance deal structuring, financial derivatives,FP&A and portfolio analytics is a plus.
Overview of Department
The Portfolio Finance team is a relatively newly formed team within the Capital Markets department and is growing. Our team is responsible for closing, maintaining, tracking and optimizing structured finance transactions, including non-recourse debt, tax equity, portfolio financings, interest rate management products and hybrid facilities across our portfolio of projects. We act as the strategic team connecting treasury, Asset Management, Project Finance & Corporate finance together, owning and running processes. Our team is responsible for all operating projects financials.
Responsibilities and Duties
- Assist in overseeing various project or portfolio transactions that have moved from origination and financial close into ongoing maintenance, including construction financing, tax equity, portfolio financing, and hybrid facilities.
- Model and value projects or portfolios of projects once the projects are in construction and operation.
- Support Portfolio Finance & Asset Management in FP&A activity such as capturing project actuals, budgeting, working capital modeling etc.
- Coordinate and submit financial reports to investors
- Liaise with and support Asset Management on normal course reporting
- Support Portfolio Finance & Treasury with ongoing construction financing or hybrid facility draws and support Project Finance with Tax Equity and/or Portfolio Financing fundings.
Qualifications and Skills
- 1-4 + years of proven track record in investment banking, project finance, buy-side, or corporate finance experience.
- Bachelor’s degree. Advanced degrees or certifications are a plus - Significant and relevant experience maintaining or structuring project finance or non-recourse structures.Other types of deal experience is also welcome - we’re looking for a candidate that can own models, and has highly organizational skills
- Significant and relevant experience with financial modeling for large, complex infrastructure or power generation assets.
- Experience with different types of power generation, including solar, BESS, wind, gas-fired, or nuclear is preferred.
- Tax Equity deal knowledge is strongly preferred
- Collaborative attitude & high organizational skills are fundamental
We value a cultural fit with a can-do attitude that has experience in financial modeling & deck building above all. Our preference is for the skill sets below, but if you don’t check all the boxes please do apply
*A note on qualifications: Studies have shown that women and people of color are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.
Physical and Sensory Requirements
- Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
- Position requires some travel for company-wide meetups: ~5 weeks total through a calendar year.
Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email [email protected].
Salary & Benefits
- Salary: $90,000 - $95,000USD base salary with 20% annual target bonus
- Exceptional Healthcare: Access comprehensive medical, dental, and vision plans with 100% premium coverage for both you and your dependents.
- Financial Security: Benefit from a 3% non-elective employer contribution to your 401k, ensuring your financial future is on the right track.
- Time Off: Unlimited Paid Time Off (PTO) + two company-wide vacation weeks (Fourth of July & End of year). We believe in the importance of rest and relaxation.
- Family-Friendly Policies: Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting journey of parenthood.
- Mental Health and Well-being: Access mental health and behavioral coaching services through Headspace providing you with the support you need to thrive both personally and professionally.
- Family Planning Support: Navigate family planning with ease through our partnership with Carrot and Maven, ensuring a seamless experience for new parents.
- Perks: Enjoy a variety of perks, including a $150 USD monthly food stipend on UberEats, pet insurance allowance, and $150 USD monthly phone & internet reimbursement.
- Tech-Ready: Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair.
At Intersect Power , we believe in fostering a supportive and enriching environment for our team members. Join us and experience a workplace that truly values you, inside and outside the office!
Note: We welcome applicants who do not have current enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms.
Unsolicited resumes or referrals from third-party recruiting firms or agencies are not accepted by Intersect Power.
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