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NewEdge Power

Finance Associate / Analyst

Posted 4 hours ago
$90000 - $145K per year
2-5 years experience
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AI Summary

The Finance Associate/Analyst will build and maintain complex financial models for battery storage and solar assets while supporting M&A transactions and capital raises. They will also prepare investor reporting packages, manage corporate budgeting, and conduct investment analysis for the company's clean energy projects.

Position: Finance Associate / Analyst
Location: Remote EST (New York City area preferred)
Reports To: Senior Director Investments & Finance
Exemption Status: Exempt

About NewEdge Power
NewEdge Power is a pure-play clean energy development platform focused on developing high return utility-scale and distributed power solutions across the United States. NewEdge is a dynamic, high-growth, and entrepreneurial company. As a nimble and geographically dispersed team, the company is committed to fostering an environment of inclusion, teamwork, and delivering high impact for both the business and the communities it serves.

NewEdge seeks an ambitious, detail-oriented finance professional with strong modeling skills, curiosity, and emotional intelligence to support the company’s project finance, transaction, and corporate finance activity across its utility-scale and distributed power businesses. The Finance Associate / Analyst position requires a strong commitment to analytical rigor, clear communication, and the ability to manage multiple transaction and reporting workstreams at once.

Your Core Responsibilities
  • Financial Modeling: Build and maintain project-level and portfolio financial models for battery storage and solar assets, including contracted and merchant revenue, capex and opex, tax credits (ITC, adders, and transferability), debt and tax equity sizing, and returns analysis.
  • Transactions & M&A: Support project and portfolio sales, joint ventures, and capital raises, including valuation, buyer and investor materials, data rooms, and coordination of diligence with internal and external parties.
  • Investor & Partner Reporting: Prepare monthly and quarterly reporting packages for management, the Board, investors, and capital partners, including development spend tracking and partnership waterfall analysis.
  • Budgeting & FP&A: Support the annual corporate budget, forecasting, and cash management across the company’s project companies and holding entities.
  • Investment Analysis: Prepare investment committee memos and presentations, and track market data including comparable transactions, capacity market results, tax credit policy, and cost of capital.
  • Other: NewEdge is a rapidly growing organization. Job duties may evolve over time to best support the continued growth of the business.

Experience Qualifiers
  • Analyst: 1-2 years of relevant experience in investment banking, project finance, corporate finance, or renewable energy finance (including relevant internships).
  • Associate: 3+ years of relevant experience in project finance, M&A, or renewable energy finance, including direct experience modeling and executing transactions.

Required Experience
  • Bachelor’s degree in finance, economics, accounting, engineering, or a related field.
  • Advanced Excel and financial modeling skills, including the ability to build integrated models from scratch.
  • Understanding of project finance concepts, including debt sizing and sculpting, DSCR, tax equity partnership flips, ITC/PTC mechanics, and tax credit transferability.
  • Strong PowerPoint and written communication skills for investment committee, Board, and investor materials.
  • Exceptional attention to detail and organization across concurrent workstreams.
  • Proficiency with Claude to accelerate financial modeling, analysis, research, and drafting of investor and transaction materials.
  • Ability to travel up to 10% of the time for team summits and transaction activity.
  • Highly analytical mindset with a curiosity to figure new things out.
  • Team player with a willingness to engage across the organization.
  • High degree of emotional intelligence and respect for others.
  • Self-starter with a strong passion for the clean energy industry.

Preferred Differentiators
  • Experience modeling battery storage revenue (capacity, energy arbitrage, ancillary services, tolling).
  • Experience with tax equity or tax credit transfer transactions.
  • Prior experience in an entrepreneurial environment and/or working for a small-to-medium size project development company.
  • CFA progress, or experience with Python, SQL, or Power BI.

Life and Benefits at NewEdge
NewEdge believes that team members are its greatest asset and is committed to fostering an environment where employees can be the best version of their professional selves while helping grow the platform.
Benefits at NewEdge include:
  • Competitive base salary
  • Annual performance based bonus
  • Remote first environment
  • In-person team summits
  • 401(k) plan
  • Company equity program
  • Unlimited PTO and paid holidays
  • Health, Dental, and Vision insurance benefits
  • Life and disability insurance benefits

Compensation: The anticipated base salary range for this position is $90,000 – $145,000. Final base salary will be determined based on a range of factors, including skills, experience, qualifications, and location. In addition to base salary, this position is eligible for an annual performance-based bonus, participation in the company equity program, and the benefits listed above.

If you do not see yourself fitting 100% of the above qualifications, but see yourself contributing, please apply. NewEdge provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, gender identification or expression, or veteran status.

Note to Recruiters: NewEdge does not accept unsolicited resumes from third-party recruiters or staffing firms. Resumes will only be considered from those entities if a signed agreement is in place and NewEdge specifically authorizes external recruiting assistance for a specific position. Any unsolicited resumes received will be deemed the property of NewEdge. We want to emphasize that NewEdge is not liable for any fees associated with unsolicited resumes. 

Please apply on our career’s website at www.newedgepower.com. Only applications that apply through our careers site will be considered.

We look forward to hearing from you.
 

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