Director of Financing
San Diego, CA - USA
Department:
Job Summary
Scope of Job
PowerFlex an EDF Renewables company is a leading national provider of intelligent onsite energy solutions that support carbon-free electrification and transportation. The Company delivers integrated solar storage EV charging and microgrid systems to businesses and organizations. As a single full-service provider PowerFlex customizes clean technology solutions to help clients achieve their energy and sustainability goals. Through the comprehensive PowerFlex X platform PowerFlex leverages patented smart software to control monitor and optimize a clients distributed energy resources to reduce cost and maximize return on investment.
The Director of Financing is responsible for successful financing of Powerflexs distributed energy projects such as solar solar-plus-storage and/or EVSE. The role oversees all financing aspects of the renewable energy projects including risk assessment project returns/economics contract negotiations diligence and transaction structuring. The role leads/manages day-to-day activities of the financing department sets commercial standards to ensure bankability of assets and negotiates key financing agreements. The role works across the companys legal project development sales engineering and construction teams to manage critical activities around asset financing in order to drive company revenue and profit generation from Third-Party Owned (TPO) projects.
THIS POSTING IS FOR A CURRENT VACANCY AND THE EMPLOYER INTENDS TO FILL THIS POSITION BY 10/31/26.
Location
This role would be required to be a hybrid role out of one of our offices (Mountain View CASan Diego CA Los Angeles CA. or New York NY).
Responsibilities
Ensure efficient and timely closing of financing of TPO projects developed by the company. Key responsibilities include:
- Oversee a team responsible of all phases of transaction execution including investor due diligence project marketing/solicitation financing terms & price negotiation bid evaluation/analysis structuring financial modeling and transaction closing.
- Monitor the project pipeline to identify which projects will require financing.
- Plan the timing of financing efforts in order to avoid construction delays.
- Negotiate key financing contracts (e.g. MIPAs EPCs etc.) with investors and other commercial agreements with counterparties.
- Work with advisors and internal and external legal personnel with respect to the structuring negotiation and closing of financing deals.
- Establish/manage relationships with investors and financial institutions and maintain an investor database.
- Support Power Purchase Agreement and Lease contract negotiations and ensure financeability of contracts signed.
- Set commercial standards to ensure bankability of the projects and provide guidance on return thresholds for projects with non IG offtakers.
- Oversee project cash flow modeling of TPO projects and guide the business development team on offtake rate analyses in competitive situations and in cases that are outside of standard financing guidelines.
- Drive risk management along with project development team to ensure that projects earmarked for financing meet contract standard criteria adhere to internal requirements and maintain detailed diligence documentation.
- Deliver actional recommendations to the executive team on financing matters and prepare/secure Board Approvals for financing transactions.
- Identify and drive initiatives to continuously improve and/or automate business processes across Powerflex with a focus on tools or processes related to financing.
- Implement processes for financing of a funds projects per funds investment agreement including.
- Arrange fund financing (tax equity transferability etc.)
- Implement/improve funds processes including standard forms of notice contracts shared model share OPEX assumptions DD checklist.
Qualifications
Education/Experience
- Bachelors degree in business administration Accounting Finance Economics; MBA CFA or JD a plus
- 6 progressive experience in finance roles at least 3 of which focused on solar or other renewable energy financing.
- Deep understanding of project finance including an exceptional overall understanding of finance and experience with detailed project finance concepts such as tax equity structures.
- Strong understanding of financing contracts and ability to quickly and efficiently markup and gather comments to transaction documents.
- First-rate financial modelling skills including the ability to train junior staff quickly check their work or jump in and do-it-yourself when needed.
- Strong leadership and team management skills with the ability to inspire and develop high-performing teams.
- Exceptional strategic thinking and problem-solving abilities.
- Excellent communication and interpersonal skills with the ability to collaborate effectively across departments.
- Respectfully challenges peers and welcomes the opportunity when others challenge you.
- Flexible resilient and curious.
Compensation
The pay range for this position is $185760 - $227040 annually. This position is eligible for PowerFlexs comprehensive Health and Welfare plans including but not limited to medical dental vision 401(k) retirement plan and paid time off. The total compensation for this position may include an annual performance bonus (or other incentive compensation as applicable). PowerFlexs compensation packages carefully consider a candidates qualifications experiences and education in relation to the position.
Supervision of others
Supervises staff including hiring scheduling and assigning work. Responsible for reviewing performance and recommending salary increases promotions transfers demotions or terminations. Oversees daily operations and provides problem-solving assistance.
Physical Requirements
Consistently operates a computer and other office equipment.
Working Conditions
90-100% of time is spent in an office environment utilizing computers phones and general office equipment. Frequent business travel.
Applicant Certification and Acknowledgment
By submitting this application you are certifying that all information provided is true and complete to the best of your knowledge. You understand that any false misleading or omitted information may disqualify you from consideration for employment or result in termination if already employed. You also release the company from any liability resulting from your failure to provide accurate information.
DEI Statement
Our company-wide approach to diversity equity and inclusion is focused on our workplace community and business outcomes. We believe Diversity Equity & Inclusion (DEI) is a key component to our mission of delivering renewable solutions and leading the transition to a sustainable energy future. As such we strive to become a workplace that is diverse equitable and inclusive. Our aspiration is to build a culture of belonging and accountability by creating opportunities for growth and continuous learning to ensure progress.
EEO Statement
PowerFlex is committed to building a diverse and inclusive workplace. We are a proud Equal Opportunity Employer and prohibit discrimination based on age ancestry color disability (mental and physical) exercising the right to family care and medical leave gender gender expression gender identity genetic information marital status medical condition military or veteran status national origin political affiliation race religious creed sex (includes pregnancy childbirth breastfeeding and related medical conditions) and sexual orientation.
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Required Experience:
Director
About Company
From commercial EV chargers to solar and battery storage, PowerFlex manages your full energy portfolio with smart software and adaptive load management.