Project Finance Analyst/Associate

Project Finance Analyst/Associate

Remote / Commercial activities / FULL-TIME

Verdagy (the “Company”) is creating a new class of large-scale hydrogen electrolyzers that will help decarbonize some of the most difficult to abate sectors of our global economy. Our approach is to design large modular skid-mounted hydrogen electrolyzers that will be used to architect very large-scale hydrogen production plants.

Reporting to the Chief Commercial Officer (the “CCO”), the Project Finance Analyst/Associate (the “Analyst”), will be responsible for providing support for various financial analysis tasks across the Company’s business activities. The ability to work both independently, as well as in a team, is important.

The Analyst will demonstrate a passion for renewable energy and financial analysis and will support a wide variety of activities. He or she will be expected to gather information from multiple sources and drive financial analyses for various opportunities and customers.

The ability to pursue independent research, analyze data and formulate supportable conclusions is critically important. Moreover, the Analyst will need to have effective communication skills, both written and oral, to ensure that the results of his or her work can be effectively conveyed to others. The Analyst will be involved in a wide variety of activities, including business development and project/corporate financial analysis to support the Company’s business opportnities.

The Analyst will work closely with the CCO to analyze new opportunities and markets and complete other projects and tasks as assigned. The Analyst will have the desire and mind set to operate as a contributor within a fast-paced and growing leader in the green hydrogen space.

ROLES & RESPONSIBILITIES

• Develop and assist with analytical tools and analyses to support business development activities
• Provide financial analysis support at both the corporate and project levels
• Create, format and edit documents in MS Office 365 and Google applications
• Work closely with the CCO on various projects and analyze and evaluate a variety of strategic business opportunities
• Monitor trends in the renewable energy debt and equity markets
• Proactive in learning and mastering hydrogen markets along with state & federal incentive programs
• Consolidate and analyze corporate financial data (budgets, cash flow forecasts, etc.)
• Model economics of project documents, including land leases, interconnection agreements, power purchase agreements, EPC and O&M agreements, etc.
• Prepare qualitative memos that will be presented to senior management for investment decisions
• Assist in the standardization of customer-facing presentations, proposals and other types of informatio
• Perform sensitivity analyses on project models
• Monitor and model various financial structures (project finance debt, equity, PTC/ITC, grants and other incentives, depreciation benefits, lease financing, tax equity investments, etc.)
• Maintain project models with current and updated assumptions
• Analyze and evaluate business opportunities
• Create, generate and enhance project level financial models for the entire life cycle of a green hydrogen project and calculate project and company level returns

Support senior management with corporate financial planning and analysis

EXPERIENCE & PROFESSIONAL QUALITIES

Must be passionate about the renewable energy business, hardworking and thrive in the fast pace of a rapidly growing company. In addition, the Analyst must possess:

• Strong people skills
• Excellent written and verbal communication skills
• Advanced proficiency in Microsoft Office 365 and Google applications including experience with project financial modeling.
• Basic understanding of corporate and project/structured finance
• Banking, valuation, accounting, financial statement analysis, applied mathematics, quantitative analytics experience or relevant coursework preferred
• 0-4 years of analyst/associate level experience - amount and type of experience will determine level of position – from analyst up to associate.
• Proven ability to quickly and accurately solve problems and develop value-added solutions
• Strong organizational and time management skills, and the ability to efficiently manage multiple projects in a fast-paced work environment
• Experience in the renewable energy or cleantech industry working with project finance models, including modeling tax equity and debt structures or relevant coursework is preferred
• Bachelor’s degree in Finance, Accounting, Sustainability, Environmental Studies or related field preferred

About Verdagy

The Verdagy team is a dedicated and innovative group of forward thinkers looking to dramatically change the hydrogen electrolyzer industry. Verdagy is a spinoff of green chemistry pioneer Chemetry Corporation. Our years of experience in electrochemistry and plant operations and engineering have provided us an opportunity to rapidly commercialize our innovative and novel approach to hydrogen electrolysis. We are backed by an incredible group of financial investors, renewable energy developers and Fortune 100 corporations. Our investor/partners are leading companies in the petro-chemical, industrial chemicals, energy infrastructure and mining industries, all sharing an extraordinary desire to deeply decarbonize their businesses at very large scale. This is where Verdagy’s membrane-based, large aspect ratio cells, running at high current densities provides the scale solution needed for industrial decarbonization. Verdagy operates offices, laboratory and pilot plant facilities in Moss Landing, California, to further commercialize this technology platform.

Employee Benefits, Flexibility & Ownership

Verdagy provides generous health/dental/vision/disability insurance benefits for our employees and their immediate family, as well as 401k with company match. We know flexibility is important, and we value and respect individual contribution whether it comes from work done at home, during odd hours, or at Moss Landing with teammates. Employee equity and ownership is our way to ensure everyone participates in the results and value creation of the company.

Diversity & Inclusion

We value everyone and are actively seeking diversity as we grow. We believe a diverse team of people with different perspectives and life experiences enriches the quality of our work and is fundamental to a positive, collaborative and inclusive culture.

Culture

We are building a people-centric culture where trust, respect and empowerment are built into every aspect of Verdagy and our way of working. If you want to do your best, most purpose-filled, meaningful work, come and join us – your contributions are needed now more than ever.

Verdagy is an Equal Opportunity Employer

NOTE: Due to the expected large volume of applicants, only viable candidates will be contacted.