Senior Project Finance Manager

DescriptionTitle: Senior Project Finance ManagerDepartment: Project FinanceLocation: Irvine, CASupervisor: Head of Project FinanceFLSA Status: ExemptPosition Status: Permanent, Full-TimeWork Status: In officeSENIOR PROJECT FINANCE MANAGERHanwha Qcells USA Corp (Qcells USA), headquartered in Irvine, CA, specializes in providing utility-scale modules, solar photovoltaic (PV), and battery energy storage systems (BESS) project development, along with Engineering, Procurement, and Construction (EPC) services for solar and BESS projects nationwide. Qcells USA delivers comprehensive turnkey solutions encompassing the entire utility-scale project lifecycle. By choosing Qcells USA for turnkey solutions, customers can reduce uncertainty and risk, leading to enhanced investment returns and contributing to a more sustainable future.Qcells USA’s complete turnkey solutions seamlessly integrate the expertise of our Module, Development, and EPC teams, while ensuring close coordination with other vital internal groups such as Project Finance, Systems Integration, and Legal. This collaborative approach ensures that Qcells USA projects deliver exceptional value and performance. With several multi-billion-dollar investments, Qcells is pioneering the establishment of the only complete module supply chain in the U.S., including the expansion of our Georgia module manufacturing facility, which stands as the largest in the Western Hemisphere.As an integral part of the global Qcells brand, Qcells USA benefits from a legacy of excellence in photovoltaic manufacturing. Qcells is renowned worldwide for its high-performance, superior-quality solar cells and modules. With dual headquarters in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ), Qcells operates under the umbrella of Hanwha Group, a FORTUNE Global 500 company and one of the top 8 business conglomerates in South Korea.SUMMARYThe Senior Project Finance Manager position is responsible for the economic analysis of greenfield and M&A projects, including preparing pricing for power purchase agreements and build-transfer agreements. This position reports to the Head of Project Finance, or another management personnel that the President of the Company may designate. This position reports to the Irvine, CA office. Working hours are Monday through Friday, from 8:00am to 5:00pm or 9:00am to 6:00pm local time. This position is expected to travel up to 10% of the time.ESSENTIAL JOB FUNCTION & RESPONSIBILITIES• Regular attendance, in accordance with company's attendance policy and supervisory assignment, is an essential job duty requirement for this position• Lead economic evaluation of projects in development (PPA RFPs, BTAs) and M&A opportunities to inform bids presented to prospective counterparties; support risk assessment to be presented to internal Investment Committee to inform business decisions• Create and maintain complex project finance models for internal and external parties to evaluate renewable energy projects during various stages of development, construction, and operation on an individual and portfolio basis• Specifically, synthesize and model terms of construction loan, tax equity bridge loan, and sponsor equity with back-leverage loan in time and yield-based partnership flip structures• Review project documentation and third-party reports, including PPAs, financing term sheets and agreements, IE reports, etc. and accurately integrate assumptions into financial models• Independently develop and run sensitivities in models and quantify resultant impact on sponsor IRR and margin• Create marketing materials for fundraising, including teasers, CIMs, and manage data rooms• Perform other duties and special projects, as assignedREQUIRED QUALIFICATIONS• Advanced Excel skills, including using dynamic arrays and nested formulas, creating dynamic charts to visualize analysis, creating VBA macros to automate complex processes and enhance data analysis• Minimum 3 years of project finance, corporate finance, or investment banking experience in renewable energy or similar industry• Deep familiarity with project finance structures, including partnership flips, construction financing, and back-leverage; familiarity with sale-leasebacks and inverted leases a plus• Deep knowledge of partnership accounting concepts, including partnership tax issues, capital account balances, basis, deficit restoration obligation, suspended losses, re-allocation, 731(a) gain, etc.• Experience creating marketing materials, including teasers and CIMs, and managing data rooms• Willingness to travel, up to 10% of the time• Demonstrated ability to bring closure to complex and high value business transactions under tight timeframes; investment banking experience a plus• Demonstrated ability to work with cross-functional teams, including managing the financial, legal, and internal review and approval process to successfully close transactions• Strong communication skills with proven track record in building relationships and working in cross-functional collaborative teams• Bias for action / action-oriented; maturity to act with the appropriate degree of urgency with an ultimate focus on delivering end results• Strong ability to problem solve, resolve complex issues identified from detailed knowledge and review of project characteristics, and communicate succinct action plan for teams to execute• Strong sense of accountability and responsibility over work product• Comfortable working in a fast-moving dynamic, environmentEXAMPLES OF PHYSICAL DEMANDS• Stationary Position: frequently remains stationary up to 90% of the time and sitting up to 8 hours in a day• Move/Traverse: infrequently bend, stand, stoop and/or walk• Carry Weight: infrequently carry weight and/or lift objects (light to heavy) weighing up to 10 pounds• Hearing and Speech: frequently communicates with the ability to hear and talk on a regular basis with employees, coworkers, and all personnel matters; must be able to exchange accurate information in these situations• Sight: frequent use of sight to detect images on computer, office documents, and office objects near and far• Climb: occasionally ascends/descends on stairway to get to office upper and lower floors• Travel: up to 10% as neededEXAMPLES OF WORK ENVIRONMENT• Regular professional, office business setting• Noise level ranges from low to moderate (if in office setting)• Noise level ranges from moderate to high (if on construction worksite)SALARY RANGE FOR POSITIONThe anticipated starting pay range of this position, which is to be located in Irvine, CA is $150,000 - $200,000 base salary per annum.This job position is specific to Qcells USA Corp. only and not any other Hanwha affiliates. The above-listed salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. The salary range shared in the job description is for the listed position and only pertains to the candidate if they work in Irvine, CA. Actual compensation is influenced by a wide array of factors including but not limited to internal pay equity, skill set, education, licenses and certifications, geographic location, essential job duties and requirements, and the necessary experience relative to the job’s minimum qualifications. If candidates are considered for a nationwide role, then the compensation range will follow the marketability of the job function within those states. An additional discretionary bonus structure or incentives may be offered as part of the overall compensation package, in addition to the full range of medical, dental, and/or other benefits, dependent on the level and position offered.Hanwha Qcells is proud to be an at-will Equal Opportunity Employer and prohibits discrimination against race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, pregnancy, citizenship, disability, protected veteran status and any other classification protected by applicable federal, state or local law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.It is important to note that the job descriptions provided by Qcells USA Corp are not intended to be comprehensive lists of all duties, responsibilities, or qualifications associated with the positions. Duties and responsibilities may change at any time with or without notice, reflecting our dynamic and evolving work environment.We are committed to the full inclusion of all qualified individuals. As part of this commitment, Hanwha Qcells will provide reasonable accommodations to all qualified individuals with disabilities to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment. Please contact us to request accommodations at hr-usa@qcells.com.Nothing in this statement shall imply implicitly or explicitly a guarantee of employment outside our at-will employment opportunity.This job position is specific to Qcells USA Corp. only and not any other Hanwha affiliates. The above-listed salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. The salary range shared in the job description is for the listed position and only pertains to the candidate if they work in Irvine, CA. Actual compensation is influenced by a wide array of factors including but not limited to internal pay equity, skill set, education, licenses and certifications, geographic location, essential job duties and requirements, and the necessary experience relative to the job’s minimum qualifications. If candidates are considered for a nationwide role, then the compensation range will follow the marketability of the job function within those states. An additional discretionary bonus structure or incentives may be offered as part of the overall compensation package, in addition to the full range of medical, dental, and/or other benefits, dependent on the level and position offered.You may view your privacy rights by reviewing Qcells' Privacy Policy or by contacting our HR team for a copy.