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The Director of Financing oversees the successful financing of distributed energy projects, including solar, storage, and EVSE. They manage transaction execution, negotiate key financing agreements, and ensure the bankability of assets while collaborating across internal departments.
Requirements
Candidates must have a bachelor's degree in a relevant field and at least 6 years of progressive finance experience, with a minimum of 3 years focused on renewable energy. Strong financial modeling skills and deep knowledge of project finance concepts like tax equity are essential.
Full job description
Scope of Job PowerFlex, an EDF Renewables company, is a leading national provider of intelligent onsite energy solutions that support carbon-free electrification and transportation. The Company delivers integrated solar, storage, EV charging, and microgrid systems, to businesses and organizations. As a single full-service provider, PowerFlex customizes clean technology solutions to help clients achieve their energy and sustainability goals. Through the comprehensive PowerFlex X platform, PowerFlex leverages patented smart software to control, monitor, and optimize a client's distributed energy resources to reduce cost and maximize return on investment.
The Director of Financing is responsible for successful financing of Powerflex’s distributed energy projects such as solar, solar-plus-storage and/or EVSE. The role oversees all financing aspects of the renewable energy projects, including risk assessment, project returns/economics, contract negotiations, diligence, and transaction structuring. The role leads/manages day-to-day activities of the financing department, sets commercial standards to ensure bankability of assets, and negotiates key financing agreements. The role works across the company’s legal, project development, sales, engineering, and construction teams to manage critical activities around asset financing in order to drive company revenue and profit generation from Third-Party Owned (TPO) projects.
THIS POSTING IS FOR A CURRENT VACANCY AND THE EMPLOYER INTENDS TO FILL THIS POSITION BY 10/31/26.
Location This role would be required to be a hybrid role out of one of our offices (Mountain View, CA, San Diego, CA, Los Angeles, CA. or New York, NY).
Responsibilities Ensure efficient and timely closing of financing of TPO projects developed by the company. Key responsibilities include:
Oversee a team responsible of all phases of transaction execution, including investor due diligence, project marketing/solicitation, financing terms & price negotiation, bid evaluation/analysis, structuring, financial modeling, and transaction closing.
Monitor the project pipeline to identify which projects will require financing.
Plan the timing of financing efforts in order to avoid construction delays.
Negotiate key financing contracts (e.g., MIPAs, EPCs, etc.) with investors and other commercial agreements with counterparties.
Work with advisors and internal and external legal personnel with respect to the structuring, negotiation and closing of financing deals.
Establish/manage relationships with investors and financial institutions and maintain an investor database.
Support Power Purchase Agreement and Lease contract negotiations and ensure financeability of contracts signed.
Set commercial standards to ensure bankability of the projects and provide guidance on return thresholds for projects with non IG offtakers.
Oversee project cash flow modeling of TPO projects and guide the business development team on offtake rate analyses in competitive situations and in cases that are outside of standard financing guidelines.
Drive risk management along with project development team to ensure that projects earmarked for financing meet contract standard criteria, adhere to internal requirements, and maintain detailed diligence documentation.
Deliver actional recommendations to the executive team on financing matters, and prepare/secure Board Approvals for financing transactions.
Identify and drive initiatives to continuously improve and/or automate business processes across Powerflex, with a focus on tools or processes related to financing.
Implement processes for financing of a fund’s projects per fund’s investment agreement, including.
Arrange fund financing (tax equity, transferability, etc.)
Implement/improve funds processes including standard forms of notice, contracts, shared model, share OPEX assumptions, DD checklist.
Qualifications Education/Experience
Bachelor’s degree in business administration, Accounting, Finance, Economics; MBA, CFA or JD a plus
6+ progressive experience in finance roles, at least 3 of which focused on solar or other renewable energy financing.
Deep understanding of project finance, including an exceptional overall understanding of finance and experience with detailed project finance concepts such as tax equity structures.
Strong understanding of financing contracts and ability to quickly and efficiently markup and gather comments to transaction documents.
Skills/Knowledge/Abilities
First-rate financial modelling skills, including the ability to train junior staff, quickly check their work, or jump in and do-it-yourself when needed.
Strong leadership and team management skills, with the ability to inspire and develop high-performing teams.
Exceptional strategic thinking and problem-solving abilities.
Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
Respectfully challenges peers, and welcomes the opportunity when others challenge you.
Flexible, resilient, and curious.
Compensation The pay range for this position is $185,760 - $227,040 annually. This position is eligible for PowerFlex's comprehensive Health and Welfare plans including but not limited to medical, dental, vision, 401(k) retirement plan and paid time off. The total compensation for this position may include an annual performance bonus (or other incentive compensation, as applicable). PowerFlex's compensation packages carefully consider a candidate's qualifications, experiences, and education in relation to the position.
Supervision of others Supervises staff, including hiring, scheduling, and assigning work. Responsible for reviewing performance and recommending salary increases, promotions, transfers, demotions, or terminations. Oversees daily operations and provides problem-solving assistance.
Physical Requirements Consistently operates a computer and other office equipment.
Working Conditions 90-100% of time is spent in an office environment, utilizing computers, phones, and general office equipment. Frequent business travel.
Applicant Certification and Acknowledgment
By submitting this application, you are certifying that all information provided is true and complete to the best of your knowledge. You understand that any false, misleading, or omitted information may disqualify you from consideration for employment or result in termination if already employed. You also release the company from any liability resulting from your failure to provide accurate information.
DEI Statement
Our company-wide approach to diversity, equity and inclusion is focused on our workplace, community and business outcomes. We believe Diversity, Equity & Inclusion (DEI) is a key component to our mission of delivering renewable solutions and leading the transition to a sustainable energy future. As such, we strive to become a workplace that is diverse, equitable, and inclusive. Our aspiration is to build a culture of belonging and accountability by creating opportunities for growth and continuous learning to ensure progress.
EEO Statement
PowerFlex is committed to building a diverse and inclusive workplace. We are a proud Equal Opportunity Employer and prohibit discrimination based on age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding, and related medical conditions), and sexual orientation.
Privacy Notice to California Job Applicants
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Privacy Policy
PowerFlex is committed to protecting the privacy of your personally identifiable information, for more information click here.
Special Accommodation Language
If you require assistance or accommodation while seeking employment with PowerFlex, please contact Human Resources at (209) 227-1511 or hr@powerflex.com. Please note that these communication alternatives are for accommodation requests and not for general employment inquiries.
PowerFlex is a clean technology solutions company making the transition to carbon-free energy possible through a combination of green offerings, including solar, storage, EV charging, and the intelligent energy management platform PowerFlex X. Our ultimate goal? To usher in the age of the Virtual Power Plant where commercial and industrial customers realize cost savings, emissions reductions, energy security, and more by generating, storing, and utilizing clean energy right where it's needed.
Offices: 15445 Innovation Dr., San Diego, California 92128, US · 75 Broad Street, 24th Floor, New York, New York 10004, US · 2544 Leghorn St, Mountain View, California 94043, US