FINANCE & TREASURY ANALYST required by our Client, an Renewable company, to be assigned on a Permanent basis, located in Boston, MA.
Our Client is looking for an experienced Analyst to join the Finance and Treasury team to support the Financing, Treasury/Cash Management, and Insurance processes of our Clients projects. This position reports directly to the CFO. This person is expected to understand the financial markets and have proven experience in Project Finance transactions.
Work closely with CFO and sponsors on financing process.
Support preparation of information memorandum and marketing materials in preparation for financial close.
Support business case team on maintaining and updating the financial model.
Help coordinate all financing workstreams and associated timetable(s) through to financial close.
Setup and maintain the data room related to the financing due diligence process.
Coordinate Q&A between Project and Lenders/Tax Equity investors/Independent Engineer/Insurance underwriters.
Assist with the collation and fulfillment of Conditions Precedent to achieve Financial Close. Ensure that banking requirements are met during the financing process.
Support the negotiation of loan documentation and the due diligence within the project team.
Support the financing strategy of our Client before and after financial close.
Work closely with the management team and support the preparation of key decision materials for the Board of Directors and sponsors related to the financing.
Coordinate project loan disbursements, interest payments, and amortizations post-FC.
Support covenants requirements.
Prepare financial reports and presentations as required by management, sponsors, lenders and tax equity investors.
Treasury, Cash Management, Financial Assurance, and Other Tasks
Support Treasury management with budget, forecasting, actual data, and liquidity.
Perform daily cash management process.
Manage bank accounts.
Support financial risk management at project level. Ensure compliance with the financial risk policies of the company and sponsors.
Help manage the issuance and tracking of collateral requirements such as guarantees and letters of credit.
Present project-level collateral requests to sponsor’s internal committees for approval.
Support the negotiation of hedge documentation, ISDAs.
FX and IR hedge management and execution.
Support insurance management at project level to ensure compliance with the insurance policies of the company and sponsors ensure timely and appropriate insurance policies are put in place
Coordinate internal workstreams to provide agent with project information and data and troubleshoot internal insurance-related issues.
EXPERIENCE / QUALIFICATIONS
Degree in finance or accounting; MBA or other advanced degrees in quantitative fields preferred but not required
At least three years’ experience in project finance transactions
Energy industry experience preferred, renewable energy industry experience desirable
Ability to comprehend legal documents
Superior quantitative skills
Solid attention to detail
Leadership skills in a team environment