Solect Energy · 3 days ago
Chief Financial Officer - Solect Energy
Solect Energy, based in Hopkinton, Massachusetts, is a leader in commercial-scale solar and energy storage in New England. They are seeking a Chief Financial Officer (CFO) to oversee financial performance optimization, risk management, and investor readiness, ensuring the company remains competitive and profitable.
Energy
Responsibilities
Oversee capital structure, project financing, and fundraising efforts (debt, equity, tax equity); manage banking and investor relationships
Ensure accurate financial reporting, audits, and compliance with GAAP, tax regulations, and investor requirements
Direct company-wide budgeting and long-range forecasting aligned to strategic initiatives and project pipelines
Build and manage the finance and accounting team; develop internal capabilities, controls, and reporting processes
Identify and mitigate financial, operational, and regulatory risks; ensure strong controls and governance frameworks
Partner with project development, execution and operations teams to maximize project-level performance, pricing, and cost controls
Qualification
Required
Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field
Experience: Minimum of 10 years of progressive experience in financial leadership roles, with at least 5 years as CFO or senior finance executive in a project-based or capital-intensive industry
Industry Experience: Proven experience in renewable energy, infrastructure, construction, or EPC sectors. Familiarity with federal and state-level renewable energy incentives, tax equity structures
Skills: Strong understanding of project finance, capital structuring, and M&A. Demonstrated ability to lead budgeting, forecasting, financial modeling, and strategic planning in a high-growth environment. High level of integrity and ethical standards
Systems: Proficiency with financial systems (ERP, forecasting tools) and advanced Excel skills
Compliance: Deep knowledge of GAAP and financial reporting standards
Preferred
MBA or CFA designation
Experience leading tax equity financing and M&A transactions
Benefits
Annual incentive compensation
Participation in a long-term incentive plan
Company
Solect Energy
Solect Energy, based in Hopkinton, Massachusetts, is the recognized leader in commercial-scale solar.
Funding
Current Stage
Growth StageTotal Funding
$1MKey Investors
Massachusetts Clean Energy Center
2017-12-07Seed· $1M
Recent News
Business Wire
2025-08-13
MetroWest Daily News
2023-12-27
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