Analyst, Project Finance
Accounting & Finance, IT
Brooklyn, NY, USA
USD 105k-125k / year + Equity
FLSA Classification: Exempt
Salary Range: $105,000 - $125,000 plus bonus and incentive stock options
Reports to: Director, Project Finance
Location: Brooklyn, NY (Hybrid)
About The Company:
NineDot's name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. As a leading community-scale, clean energy developer with a growing portfolio of projects across a range of technologies, NineDot Energy is creating innovative energy solutions that support a more resilient electric grid, deliver economic savings, address environmental justice and reduce carbon emissions. Our pipeline includes more than 1 GW of clean energy projects designed to strengthen local power grids and provide clean, reliable and resilient power to the communities we serve.
With the backing of Manulife Investment Management and The Carlyle Group - two of the world’s leading infrastructure investors - NineDot is continuing to expand its core battery energy storage pipeline, deliver enhanced products and services, explore new regions and consider potential acquisitions all to advance the decarbonization of New York’s grid. This is an exciting opportunity to build a platform from the ground-up with a world-class team of developers and innovators. NineDot is committed to building a company that exemplifies diversity, equity and inclusion values in its team culture, as well as business practices and community engagement.
Job Summary
The Analyst, Project Finance will play a key role in developing financial models, conducting financial analysis and due diligence, and preparing financial and operational reports. This person will help evaluate strategic investments, support new project development and competitive bids, and present insights to key stakeholders, including company leadership. The Analyst will collaborate with teams across NineDot and gain valuable exposure to investment banks, tax equity investors, and external consultants.
Responsibilities:
- Manage, maintain, and iterate on Project Finance models to evaluate project economics from concept to future cash flows.
- Support lender processes, analyze financing proposals and prepare closing deliverables.
- Review and interpret financial data, due diligence, and documentation with lenders and lawyers.
- Work closely with the project development team to screen new projects and ensure financial models accurately reflect project assumptions and risks, and conduct feasibility studies to express the financial viability of new ventures.
- Undertake all the necessary activities, i.e., collecting the information, preparing the projection model, finalizing the design, etc. to evaluate capital investment, proposals and calculate project/equity IRRs, DSCRs, sensitivity scenarios, etc.
- Support economic review and interpretation of potential M&A opportunities.
- Support development and RFP processes through analysis of economic impact of key terms and conditions and sensitivity scenarios.
- Prepare and manage project specific deliverables related to financial or contractual requirements.
- Stay up-to-date on renewable energy industry trends, financial markets, and regulatory changes (e.g. IRA), and make recommendations for strategic adjustments.
- Perform all other duties as assigned.
Core Competencies:
- Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
- Drives Results - Constantly achieving results, even under tough circumstances.
- Interpersonal Savvy - Relating openly and comfortably with diverse groups of people.
- Manages Ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.
- Nimble Learning - Actively learning through experimentation when tackling new problems, using both success and failures as learning fodder
- Plans and Aligns - Planning and prioritizing work to meet commitments aligned with organizational goals.
- Tech Savvy - Anticipating and adopting innovations in business-building digital and technology applications.
Required education and experience:
- Minimum of 2 years of professional experience in project finance or M&A.
- Bachelor’s degree in Finance, Accounting, Business Administration, or related fields required; Master’s degree preferred.
- Experience and knowledge in areas of project proposals, project finance structures, regulatory frameworks, and all the financial accountabilities related to multiple projects.
- Experience in the energy, real estate, tax equity, and prior project finance roles strongly preferred.
- Strong financial modeling, presentation and communication skills. Detail-oriented with strong organizational and time management skills.
- Proficiency in Microsoft Excel, Word, and PowerPoint.
- Experience in equity and debt fundraising and optimizing capital structure.
- Knowledge of project finance documentation and experience handling financial closing work either as a project developer or a financier.
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
At NineDot Energy, we believe diverse perspectives drive innovation and are the foundation of our success. As such, we do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, age, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.
If you're passionate about this role but don’t meet every qualification listed, we still encourage you to apply. You may be the right candidate for this or other opportunities with us. We’re committed to building a team that reflects a broad range of experiences, backgrounds, and skills.
NineDot Employee benefits include but are not limited to:
- Medical, dental and vision coverage
- 5% employer match on your 401k retirement account
- 20 paid vacation days off, plus 7 sick days, 9 federal holidays and 3 personal floating holidays
- 12 weeks of 100% paid parental leave for both the primary and secondary caregiver within the first year of birth or adoption
- Wellness initiatives including a $1,000 stipend
- 16 volunteer hours plus two planned company-wide volunteer outings per year