Project Finance Associate

Zanskar

Salt Lake City, Utah, United States

Posted on: 2024-05-06

Category: energy

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

discovering geothermal energy faster with big data

Role Overview

Title: Finance Associate

Hours: Full-time; Salaried

Location: Salt Lake City, UT

Benefits Eligible: Yes

Reporting to: Head of Finance

Mission – Why we exist and why we need you

Geothermal energy is the most abundant renewable energy source in the world. There is 2,300 times more energy in geothermal heat in the ground than in oil, gas, coal, and methane combined. However, historically it’s been hard to find and expensive to develop. At Zanskar, we’re using better technology to find and develop new geothermal resources in order to make geothermal an affordable and vital contributor to a carbon-free electrical grid. We’ve set new industry standards for discovery rates, finding new prospects at an unprecedented scale and revolutionizing the exploration process.

The Finance Associate will be crucial in supporting the Head of Finance in financial modeling and analysis and strategic decisions focusing on the economic viability of geothermal power projects. This is a career-level role, and we expect the Finance Associate to grow and find new ways to impact our organization, contributing to Zanskar’s broader financial and capital allocation strategy.

Outcomes - Problems you’ll solve

In the first six months, there will be a concentrated emphasis on performing different financial analyses to guide key investment decisions on individual geothermal projects and across the portfolio including valuation, capital allocation, financing, and deal structure. This will require becoming intimately familiar with potential capital permutations, structure sensitivities, and value levers. You will work closely with cross-functional experts in various groups such as land acquisition, development, exploration, etc. You will work directly with the Head of Finance and senior management in the structuring, negotiation, and execution of project finance transactions, including debt and equity financings for infrastructure projects.

Additionally, you may help build out internal financial processes, manage external contractors, or perform internal analysis needed for Zanskar’s teams to manage budgets and improve operational effectiveness.

Competencies – What we’re looking for

-Industry-specific project finance: Can develop and maintain complex financial models for project and infrastructure financing that may include construction financing, back leverage, tax equity financing, and project offtake, among others. Capability should be equivalent to 2-4 years of experience in project finance, specifically in energy and renewables (geothermal energy is a plus).

-Reliability: Ability to deliver impressive results in a cross-functional, high-growth, and fast-paced environment.

-Flexibility: Can perform analysis on a variety of projects with different project or transaction deadlines with potentially shifting priorities. Feels comfortable structuring and resolving ambiguity in order to come up with an actionable answer.

-Cross-functional communicator: Able to translate various internal and external teams’ input into financial models as well as communicate the impact of those with non-financial stakeholders.

Benefits include

-Paid holidays

-15 days PTO + Accrual increase based on tenure

-Paid Sick Leave

-Medical and dental coverage

-401k

-A direct impact in displacing carbon emissions

Equal Opportunity Employer

Zanskar is an equal opportunity employer (EOE) and complies with all applicable federal, state, and local employment practice laws.

All job offers are contingent upon passing a pre-employment drug screening & background check.

Please reach out to [email protected] with any questions.

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