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Aypa Power · 7 hours ago

Portfolio Finance Associate

Austin, TX

Full-time

Hybrid

Mid Level

4+ years exp

Aypa Power is a leading developer and operator of utility-scale energy storage and hybrid renewable projects. The Portfolio Finance Associate will manage the financial aspects of Aypa's diverse project portfolio, ensuring compliance and sound execution of existing financings while collaborating with cross-functional teams in the renewable energy sector.

EnergyEnergy EfficiencyEnergy StorageRenewable Energy

Responsibilities

Play a lead role in growing Aypa's Portfolio Finance function, liaising across the organization to ensure sound execution and compliance with the company's existing financings

Oversee financial operations and compliance for a large construction warehouse facility (the largest of its kind in energy storage), including modeling, planning, capex tracking, covenant testing and reporting, and payment execution

Work closely with cross functional teams to manage loan draw processes, consult on deliverables, and lead project onboarding to ensure readiness and eligibility for warehouse financing

Coordinate reporting and take-out strategies for projects transitioning from the warehouse to long-term financing structures such as tax equity financing, term loans or private placements

Provide FP&A support and maintain debt and tax equity financial models after commercial operations date, delivering key information to facilitate annual planning, budgeting, corporate model maintenance, and cash and tax forecasts

Provide advice, best practices, and transaction support (as needed) to deal execution teams in the structuring and execution of financings

Ownership of key aspects of the warehouse model, corporate model and strategic business reporting/analysis

Management and cultivation of financing partner relationships with counterparty stakeholders as part of administering the portfolio during operations

Manage the interest rate hedging program, including compliance and supporting accounting on hedge effectiveness analysis

Partner with asset management and leadership to navigate contract amendments, consents, waivers, etc., and more broadly facilitate smooth and efficient information sharing across Aypa

Support ongoing planning and reporting requirements to Blackstone

Perform ad-hoc projects and duties as required or assigned

Qualification

Financial modelingProject financeTax equity financingAsset managementFP&A experienceAdvanced MS ExcelAnalytical skillsBusiness acumenCommunication skillsInterpersonal skills

Required

Minimum 4+ years of finance, asset management or FP&A work experience, ideally with exposure to the energy or asset management industries

Undergraduate degree in engineering, finance, business, or accounting

Familiarity with transactions in the renewables space including construction financing and the funding and drawdown process, with tax equity financing or fund management experience a major plus

Technical understanding to support budgeting, forecasting, and financing

Ability to review and understand complex contracts, including technical, financial, and legal concepts with respect to major infrastructure projects

Financial modeling experience in energy or infrastructure is required

Familiarity with complex portfolio management

Ability to work and effectively communicate and influence other business partners

Advanced knowledge of MS Excel, PowerPoint, and PowerBI; ability to analyze and interpret data

Strong business acumen, analytical, and decision-making skills

Excellent interpersonal and communication skills, both written and verbal

Desire to work with an entrepreneurial and rapidly growing company and play an active role in shaping the trajectory of the firm