Associate, M&A and Structuring
White Plains, US
Summary
The New York Power Authority (NYPA) is seeking an Associate, M&A and Structuring to join its growing Renewables team and help propel New York State’s energy transition goals while working for the largest public power organization in the United States.
The ideal candidate a) has experience in the energy industry, b) has a grasp of renewable energy asset acquisitions and project financings, including key transaction and project documents, c) is a creative problem solver who is detail oriented, meticulous, and determined, and d) is passionate about renewable energy and battery storage projects and the role they play in the energy transition. We intend for the person in this to be a critical team member with opportunities to develop into a well-rounded renewable energy professional.
With oversight from the Senior Director, M&A and Structuring, the Associate will provide key support to NYPA’s efforts identifying, evaluating, developing, and acquiring renewable energy and battery storage projects across New York State.
The Associate’s responsibilities will require them to work across multiple functions within the organization including transmission planning, legal, finance, engineering, environmental, health, and safety (EH&S), real estate, and community affairs. In addition to transaction support, including financial modeling and managing third-party consultants, the Associate will conduct market analysis and assess investment opportunities across new project development initiatives.
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Responsibilities
- Manage and develop financial models and presentations for various project financing structures including assisting in performing sensitivity analysis and analyzing accounting/ tax implications.
- Own and perform financial results analysis to identify variations and trends that indicate possible risks and exposures.
- Develop RFPs for various power projects, co-investors and consultant support services.
- Drives analysis and assists in development, risk mitigation and rollout of new funding efforts.
- Manage cross functional projects to ensure that financial processes are effectively integrated and maintained across different workstreams.
- Responsible for the adoption of new financial tools and technologies, facilitating smoother financial operations and enhancing the capabilities of the finance team.
Knowledge, Skills and Abilities
- Contribute to the creation and maintenance of detailed financial models and presentations for various power and transmission projects, including performing sensitivity analysis.
- Knowledge of various debt and equity power financing structures available to project developers and understanding of renewable power and/or transmission project development cycle.
- Highly competent writing skills with ability to summarize analysis and present findings to stakeholders.
- Ability to pivot and change work priorities as new details emerge.
- Strong analytical skills, with the ability to analyze financial and operational data, think through complex problems, and perform wide-ranging risk analysis, including statistical and quantitative analysis.
- Desire to work in renewable energy, transmission, financial engineering and risk mitigation, with a detail-oriented and strong analytical approach.
- Ability to work independently with given assignments, manage deadlines and quickly pick up on complex technical, political, and interpersonal issues.
- Organizational skills with the ability to handle significant workload and fast-paced environment with multiple projects, timelines, and due dates.
Education, Experience and Certifications
- Bachelor’s degree in finance, economics, accounting, or a business-related field required; MBA or a Graduate Degree preferred.
- Minimum of 4 years of experience in accounting, finance, or project finance experience preferred.
- Minimum of 3 years of finance experience with a strong background in financial structuring and developing financial models is preferred.
- Power or utility experience preferred.
Physical Requirements
The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $98,000 - $135,300. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.
The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email accessibility@nypa.gov.
Nearest Major Market: White Plains
Nearest Secondary Market: New York City
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