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Financial Analyst

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Redeux Energy Published: February 25, 2024 (2 months ago)
Location
Denver, CO
Job Type
Category
Industry
Renewable Energy
Salary
$75,000-$100,000
Salary Type
Per Year
Contact Email

Description

Redeux Energy is seeking a Financial Analyst with strong analytical and modeling skills to evaluate the economics of utility-scale solar and storage renewable energy development projects. The person selected for this role will help maintain our project models, evaluate investment opportunities, and work closely with the leadership team on Redeux’s corporate financial projections.

About Redeux Energy

Redeux Energy is an early- to mid-stage utility-scale clean energy development company executing strategies to transform greenfield, brownfield and industrial lands into solar, battery storage, and hybrid projects. Our customers are independent power producers (“IPPs”), utilities, and large industrials who acquire pre-construction projects to build, own and operate.

Redeux is executing a multi-market development plan across the US with a focus on WECC, ERCOT, MISO, SERC, and adjacent regions. In addition to traditional “greenfield” project development, Redeux targets brownfield redevelopment opportunities to transition fossil to clean-energy solutions that utilize existing infrastructure while reducing liabilities of legacy operations.

Redeux’s leadership team brings decades and gigawatts of experience in solar and storage project development, offtake origination, financing, engineering, construction, and operations. We are comprised of senior talent from leading renewable industry companies including AES, Acciona, Avangrid, Borrego, EDPR, NextEra, National Grid, RES, Scout Clean Energy, Tesla, CLS and KPMG.

Redeux Energy is building an entrepreneurial team with a culture of accountability, integrity, innovation, and drive.  This is a unique opportunity to join a well-capitalized, high-growth, industry-leading development platform.

Position Responsibilities:

The Financial Analyst will collaborate with cross-functional teams (Land, Development, Corporate Development, and Market Strategy) along with consultants, banks, and potential partners. This position is based at Redeux’s headquarters in Denver, Colorado, and reports to the VP of Finance.

  • Assist in the preparation of annual budgets and periodic forecasts, ensuring alignment with organizational goals and financial targets.
  • Collaborate with various departments to gather relevant data and insights for accurate financial projections.
  • Analyze variances between actual results and forecasts, providing explanations and recommending adjustments as necessary.
  • Monitor and analyze costs across departments, identifying areas for efficiency improvements.
  • Work closely with business units to refine forecasting methodologies based on historical data and market trends.
  • Utilize financial software (Vena) to streamline processes and ensure data accuracy.
  • Develop and maintain financial models and analysis for renewable energy projects.
  • Prepare tax equity modeling including capital accounts, depreciation, and buyouts.
  • Assist in building models, tools, process, and infrastructure that supports the organization's accuracy, efficiency, and scalability.
  • Develop and deliver internal / external investment presentations and briefs.
  • Prepare “ad hoc” financial analyses and sensitivities to support a variety of development and corporate decisions and negotiations.
  • Other duties that may be assigned.

Qualifications:

  • 2 years of progressive experience in financial analysis, budgeting, and forecasting.
  • Proficiency in developing and maintaining complex financial models for budgeting, forecasting, and strategic planning.
  • Exceptional analytical skills and understanding of relevant financial and mathematical modeling techniques.
  • Ability to synthesize and organize large amounts of data.
  • Strong quantitative aptitude with an extremely high level of attention to detail.
  • Capability to think strategically and contribute to the development of financial strategies that align with the organization's goals.
  • Expertise in Microsoft Excel, including the ability to create advanced spreadsheets, financial models, and data analysis.
  • Excellent verbal and written communication skills with an ability to express ideas effectively and fluently.
  • A strong sense of personal responsibility and ownership of work products.
  • Able to thrive in a fast-paced business environment and manage multiple projects with competing deadlines.
  • Ability to work collaboratively with cross-functional teams, fostering positive relationships with colleagues across various departments.
  • Bachelor's degree in Finance, Accounting, Business, or a related field. A Master's degree or relevant professional certification (e.g., CFA, CPA) is a plus.
  • Experience in renewable industry a plus.

Compensation

  • This is a salary, exempt position. Salary range $75,000 - $100,000, depending on experience.
  • Performance-based, cash incentive plan.
  • Competitive benefits package including dental, vision, health.
  • 401(k) plan with company match and immediate vesting.

Flexible work schedules and time-off policies.

Apply
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