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XL Batteries · 1 month ago

Strategy & Finance Associate

Marlborough, MA

Full-time

Hybrid

Entry, Mid Level

2+ years exp

XL Batteries is an American energy technology company focused on innovative energy storage solutions. The Strategy & Finance Associate will support commercial and financial efforts, working closely with senior leadership to provide analytical support for customer proposals, capital raising, and financial modeling.

EnergyEnergy StorageRenewable Energy

Responsibilities

Build, maintain, and iterate on 3-statement financial models and scenario analyses for current and future investors

Develop project-level economics (pricing, margins, IRR, levelized costs, tolling structures) to support customer proposals for commercial deployments

Partner with engineering and operations to build and refine system-level cost models

Create customer-facing materials including ROI analyses and economic comparisons

Support RFP / RFI responses and customer diligence requests

Prepare investor decks and maintain diligence and data room materials

Manage CRM, pipeline analytics, and target account lists

Track competitors, markets, and comparable projects

Help standardize commercial tools, templates, and reporting

Qualification

Financial modelingInvestment bankingEnergy market knowledgeAdvanced ExcelPowerPoint skillsAnalytical skillsPassion for energyDetail orientedProblem-solving