Heelstone Renewable Energy
VP of Finance
Heelstone Renewable Energy, Durham, North Carolina, United States, 27703
POSITION SUMMARY :
Heelstone is seeking a Vice President of Finance who will be responsible for managing stakeholder relationships and ensuring the accuracy of the corporate financial model, gathering inputs from various stakeholders including the board, management team, investment banks, etc. In addition, this person will assist with managing corporate lending facilities. This position will report to the Chief Financial Officer and will work closely with Heelstone’s Development, Finance, and Accounting teams. This is a full-time hybrid position located in Durham, NC.
RESPONSIBILITIES
Liaise with Heelstone’s management team and board in updating financial models to reflect changes in project development, financing, and macro assumptions.
Provide multi-year and annual financial projections, and liaise with the FP&A Manager responsible for providing inputs for project budgets and annual budgets.
Interface with corporate lenders and manage existing corporate lending facilities, pro-actively monitoring covenants. Work with management to refinance or structure additional facilities as needed.
Collaborate with Development, Finance (project finance, tax equity, M&A), Origination, and management team to gather inputs and ensure the accuracy of Heelstone’s corporate financial model.
Perform scenario analysis and stress testing to assess the impact of various business decisions and external factors on the company’s financial health.
Work with management to execute corporate capital structure strategy around optimizing the cost of capital.
Ensure development projects are modeled accurately and sync with the corporate model.
Assist in project financings as needed.
Assist in ad hoc financial analysis of the development pipeline, acquisitions, etc.
Other duties as assigned.
SKILLS AND PERSONAL QUALITIES
Highly proficient in MS Office including, Word, Excel, and PowerPoint.
Proficient at building and improving financial models.
Exceptional analytical capabilities and attention to detail.
Ability to evaluate risk exposure.
Self-starter that operates well in an entrepreneurial and collaborative environment.
Strong sense of accountability, taking ownership over projects and responsibilities and resolving issues proactively.
Ability to work concurrently on a variety of projects, prioritize efforts and work effectively under pressure.
Excellent oral and written communication and presentation skills.
Strong organization and management skills.
EDUCATION/PROFESSIONAL EXPERIENCE
Demonstrated record of execution at a utility-scale developer, bank, or similar position.
4-year degree required; MBA preferred.
8+ years of experience in finance, of which ideally at least 4 in renewable energy.
Understanding of financing tools, including tax credit monetization (tax equity, tax credit transfer), debt (construction, term, revolving facilities), and cash equity.
Experience in the renewable energy industry, including an understanding of project development, financing, and regulatory frameworks.
Understanding of “solar economics” and financial modeling.
Total Rewards Package
Heelstone offers a family-friendly culture with a hybrid schedule of 2 days in the office and 3 days working from home. Our compensation package offers a competitive base salary, bonus program participation, and company match for 401(K); comprehensive medical, dental, and vision benefits; paid vacation, sick time, and holidays.
All applicants must possess authorization to work in the United States and must not require future sponsorship for authorization.
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Heelstone is seeking a Vice President of Finance who will be responsible for managing stakeholder relationships and ensuring the accuracy of the corporate financial model, gathering inputs from various stakeholders including the board, management team, investment banks, etc. In addition, this person will assist with managing corporate lending facilities. This position will report to the Chief Financial Officer and will work closely with Heelstone’s Development, Finance, and Accounting teams. This is a full-time hybrid position located in Durham, NC.
RESPONSIBILITIES
Liaise with Heelstone’s management team and board in updating financial models to reflect changes in project development, financing, and macro assumptions.
Provide multi-year and annual financial projections, and liaise with the FP&A Manager responsible for providing inputs for project budgets and annual budgets.
Interface with corporate lenders and manage existing corporate lending facilities, pro-actively monitoring covenants. Work with management to refinance or structure additional facilities as needed.
Collaborate with Development, Finance (project finance, tax equity, M&A), Origination, and management team to gather inputs and ensure the accuracy of Heelstone’s corporate financial model.
Perform scenario analysis and stress testing to assess the impact of various business decisions and external factors on the company’s financial health.
Work with management to execute corporate capital structure strategy around optimizing the cost of capital.
Ensure development projects are modeled accurately and sync with the corporate model.
Assist in project financings as needed.
Assist in ad hoc financial analysis of the development pipeline, acquisitions, etc.
Other duties as assigned.
SKILLS AND PERSONAL QUALITIES
Highly proficient in MS Office including, Word, Excel, and PowerPoint.
Proficient at building and improving financial models.
Exceptional analytical capabilities and attention to detail.
Ability to evaluate risk exposure.
Self-starter that operates well in an entrepreneurial and collaborative environment.
Strong sense of accountability, taking ownership over projects and responsibilities and resolving issues proactively.
Ability to work concurrently on a variety of projects, prioritize efforts and work effectively under pressure.
Excellent oral and written communication and presentation skills.
Strong organization and management skills.
EDUCATION/PROFESSIONAL EXPERIENCE
Demonstrated record of execution at a utility-scale developer, bank, or similar position.
4-year degree required; MBA preferred.
8+ years of experience in finance, of which ideally at least 4 in renewable energy.
Understanding of financing tools, including tax credit monetization (tax equity, tax credit transfer), debt (construction, term, revolving facilities), and cash equity.
Experience in the renewable energy industry, including an understanding of project development, financing, and regulatory frameworks.
Understanding of “solar economics” and financial modeling.
Total Rewards Package
Heelstone offers a family-friendly culture with a hybrid schedule of 2 days in the office and 3 days working from home. Our compensation package offers a competitive base salary, bonus program participation, and company match for 401(K); comprehensive medical, dental, and vision benefits; paid vacation, sick time, and holidays.
All applicants must possess authorization to work in the United States and must not require future sponsorship for authorization.
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