Financial Analyst

· Charlottesville, Virginia
Employment Type Full-Time
Minimum Experience Entry-level

About Us

 

East Point Energy is a development firm focused on the origination, construction, and operation of energy storage projects. Our team is currently developing gigawatts of energy storage projects throughout the country, helping to transform the grid into a renewable, resilient, and affordable system for generations to come. East Point is a wholly owned subsidiary of Equinor, a broad international energy company committed to long-term value creation in a low-carbon future.

 

East Point’s nimble team is comprised of hard-working, strategic problem solvers who are passionate about sustainability. We are technology and contractor agnostic, allowing us to find the best solution for each project. The firm’s executive team founded East Point in 2018, bringing decades of combined energy development experience and over 1.8 gigawatts of solar, wind, and energy storage projects currently in operation across the United States. Success for East Point is measured by delivering affordable energy storage solutions that benefit the grid, communities, and our environment.

 

East Point is committed to cultivating and preserving a culture of inclusion and connectedness. We hire great people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger. Studies have shown that women and people of color are less likely to apply for a job unless they feel they are fully qualified in every way. We also know that sometimes the best candidates do not check every box. If you are interested in learning more, we would love to hear from you.

 

Title: Financial Analyst


The Financial Analyst is responsible for supporting the commercial and financial optimization of energy storage projects from early-stage development through construction, ownership and operation, or final sale to a long-term owner/operator. This role reports directly to the Director of Project Development and collaborates with the Project Developers and Development Engineers, the Revenue Origination Team, and the Executive Team to ensure projects are appropriately modeled. This role will also support the modeling and valuation of projects being considered for acquisition. Over time, this role may include supporting the commercial and financial optimization of other renewable technologies. 

 

Roles & Responsibilities:

 

  • Develop and manage financial models for energy storage projects using various financing structures, including understanding project value and cash flows
  • Collect assumptions and coordinate review of use cases for projects
  • Coordinate with development and engineering teams to compile and maintain financial model assumptions
  • Provide financial due diligence and analysis to support project development before and after East Point enters a market
  • Support financial analysis and market competition analysis
  • Lead modeling financing scenarios for projects and portfolios including all equity, debt and equity, and the possibility of tax equity
  • Support negotiation of key definitive agreements (Options, Revenue Contracts, PSA’s) for the sale of projects/portfolios, revenue origination, and project development
  • Maintain centralized models and datasets used to support market analysis 
  • Support the executive team with financial analysis during the process of selling or buying projects
  • Support the due diligence and Q&A effort during the marketing and sale or acquisition of projects
  • Prepare internal and external presentation materials

 

Education/Qualifications/Skills:

 

  • 4-year university degree: BS or BA in business, finance, accounting, mathematics, economics, or related field
  • 2+ years of related experience, with a strong preference for experience in preparing and maintaining financial models and investment presentations
  • Background in energy development preferred
  • Strong analytic, financial analysis, and Excel modeling experience
  • Strong understanding of accounting and project finance
  • Strong knowledge of power markets
  • Excellent written, verbal and non-verbal communication; able to communicate to audiences with varying degrees of technical understanding
  • Strong negotiation and presentation skills
  • Proficiency with Microsoft products (Word, Excel, PowerPoint, Teams, Outlook, etc.); extreme proficiency with Excel
  • Preference will be given to those with experience using the Ascend Analytics BatterySIMM program
  • Experience using Salesforce preferred


Characteristics of an Ideal Candidate:

 

  • Passion for energy development and the environment
  • Creative problem-solving ability and solutions-oriented mindset
  • Self-starter with a desire to succeed and a focus on creating value
  • Team player and leader, proactive attitude
  • Organized, attention to detail
  • Comfortable with a fast-paced, rapidly changing environment
  • Ability to make informed decisions quickly and a bias for action
  • Integrity and accountability

 

Travel & Time Commitment:

 

  • Limited travel related to industry conferences and company events
  • A typical work week is 50-60 hours, depending on the needs of the projects


Benefits:

 

  • Health Insurance
  • Dental Insurance
  • 401(k) & Employer Match
  • Maternity and Paternity Leave
  • Paid Time Off
  • Holidays
  • Education, Parking, and Gym Membership Stipends

 

Location:


East Point Energy office in Charlottesville, VA

 

This job description is not inclusive of all requirements of the position. Employees will perform any other duties as may be required by their manager.

Thank You

Your application was submitted successfully.

  • Location
    Charlottesville, Virginia
  • Employment Type
    Full-Time
  • Minimum Experience
    Entry-level