Job Expired

Title: Director of Project Finance, Sun Tribe Solar

Position Posting: https://suntribesolar.com/careers/director-of-project-finance/

Job Summary

The Director of Project Finance is responsible for all aspects of Sun Tribe’s project finance activities, including oversite of M&A (MIPA & APA, etc.) transactions, Tax Equity and debt structuring, strategic planning and reporting management. This position reports directly to the CFO and will work closely with the CTO and Vice President of Development to maximize economic returns in the deal structuring of Sun Tribe’s portfolio of commercial PPAs. This position will maintain and grow third party financing relationships to ensure Sun Tribe has the most competitive financing sources available on the market. The position will also inform PPA prices, requiring a deep understanding of current market return expectations and long-term trends. This position will lead project acquisition efforts and the cultivation of new channel partners.

Responsibilities

Project Finance Department Leadership

  • Establish and promote core values of the department as well as company-wide values
  • Set strategic direction and vision for the department that aligns with company-wide objectives
  • Set department goals and measure performance against goals
  • Manage the department’s interaction with the broader organization by representing the department in executive decision making, negotiating interdepartmental challenges, and communicating regularly back to team members relevant information regarding the company-at large and other departments
  • Control expenses and human resources decisions for the department
  • Organize workflows, establish SOPs and assign accountability
  • Manage ALL department team members by ensuring well-being, defining individual success, linking individual success to department and company success, securing necessary resources to allow individual success, and encouraging professional growth
  • Continuously improve the department’s capability
  • Responsible for difficult, high-risk or complex decisions required of the department, elevating when necessary

Origination

  • Maintain and improve Sun Tribe’s PPA financial model
  • Provide contractual support and mentorship to Development team on PPA origination efforts
  • When necessary, participate directly as part of the development team to convert key opportunities
  • Maintain key relationships with banks, financial institutions and long term asset owners to ensure project valuations are at the most competitive terms
  • Provide training to Development team on fatal flaws related to PPA terms
  • Oversee real estate due diligence – confirm valid leaseholds recorded with localities

Project Sales

  • Manage the stable of key long term asset owners
  • Manage outside counsel’s contributions to origination and project sales
  • Cultivate relationships with new long term asset owners that create value for the Sun Tribe ecosystem
  • Fully manage the due diligence items and close of APAs and MIPAs with long term asset owners
  • Work to eliminate credit support required in APA and MIPA transactions
  • Improve process flow for financial closings
  • Oversee the creation of transaction datarooms
  • Continuously improve Sun Tribe’s form PPA and site lease, leverage outside counsel when necessary

Project Acquisition

  • Own and manage the project acquisition pipeline
  • Cultivate a network of 3rd party developers originating projects in Sun Tribe target markets
  • Fully diligence potential project acquisitions
  • Develop acquisition strategy and present to C suite
  • Develop and manage efficient contractual configuration for acquisitions

Reporting

  • Develop full suite of reporting tools & KPIs
  • Consistently analyze project financial data and present repots to the Executive Team members

More Information

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