Senior Associate, Project Finance

COMPANY OVERVIEW

Hanwha Renewables, headquartered in Irvine, California, a member of Hanwha Group, a FORTUNE Global 500 firm that is among the eight largest business enterprises in South Korea. Hanwha Renewables designs, builds and manages renewable energy solutions. The company brings a decade of global leadership in renewable energy to North America, combining best-of-world technology, processes, and partnerships to deliver utility-grade energy solutions customized for local energy markets. Hanwha Renewables offers the full spectrum of energy solutions – from power plant development, design, construction, operations, and maintenance. With proven capabilities across the renewable energy value chain, Hanwha Renewables minimizes uncertainty and risk, and helps customers achieve a higher return on their investment in renewable energy.

POSITION OVERVIEW

We are seeking an experienced Senior Associate to join Hanwha Renewable’s Project Finance team in the rapidly growing solar energy and storage sector. The individual will play a crucial role in supporting the financial forecasting, modeling and analysis for our solar energy and battery storage projects. This position requires a detail-oriented and analytical professional who can create and maintain complex financial models, assess investment opportunities, and contribute to the overall success of our projects. The successful candidate will work closely with cross-functional teams, providing insights and recommendations to optimize financial performance. This position will report to Vice President of Project Finance or another senior member of the Project Finance team.

The employee may be required to perform other job-related duties as requested by management. All duties will be assigned in accordance with applicable laws and company policies.

RESPONSIBILITIES

Project Financial Modeling, Forecasting, and Analysis

Develop and maintain Excel based financial models to evaluate project feasibility, economics, expected returns, and overall financial performance.

Conduct sensitivity analyses and scenario planning to assess potential risks and opportunities.

Evaluate potential solar energy and storage project investments, considering financial metrics, market trends, and regulatory factors.

Assess the impact of government incentives, tax credits, and other financial mechanisms on project economics.

Collaborate with project managers to develop and monitor project budgets, ensuring alignment with financial objectives.

Provide accurate and timely financial forecasts to support decision-making processes for our project development activities

Prepare and present financial reports to internal stakeholders, highlighting key performance indicators and financial trends.

Collaborate with cross-functional teams, including project development, engineering procurement and construction (EPC), interconnection, real estate, asset management and other functional teams to ensure accurate and consistent modeling inputs as well as alignment with management goals.

Project Finance Transaction Support and Due Diligence Management

Support transaction due diligence efforts for potential divestitures, acquisitions, debt and tax equity financing, or partnerships related to solar energy projects.

Analyze and validate financial data, contracts, and other relevant information.

Create and maintain online data rooms.

Coordinate due diligence meetings and Q&As.

Communicate effectively with external stakeholders, including prospective investors and financial institutions.

REQUIRED QUALIFICATIONS

Bachelor’s degree in Finance, Accounting, or related field (Master’s degree preferred).

3+ years of relevant experience in project finance in Solar, battery or renewables

Strong proficiency in Microsoft Excel and financial modeling tools with the ability to create macros and other advanced Excel functions to handle multiple projects and multiple development and financing scenarios.

Deep knowledge of solar energy project financing structures, investment tax credit, production tax credit, tax equity financing, and debt financing.

Excellent analytical and problem-solving skills.

Effective communication and presentation abilities.

Ability to thrive in a fast-paced, high pressure, and collaborative environment.

COMPENSATION: $125,000 - $135,000 salary

Attention external recruitment firms, we will not accept any unsolicited resumes at this time. Please do not contact any internal member of our company to discuss the position or to solicit candidates.

Hanwha Renewables provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.