CAREERS AT SKYPOWER

Project Finance Director

Position Description & Candidate Requirements

Company:        SkyPower
Position:          Project Finance Director
Department:    Finance
Reports to:      Senior Vice President, Finance and Strategy
Location:         Toronto, Ontario
Status:             Full-time permanent
Start Date:      Immediately

 

Summary of Position 

SkyPower is seeking a Project Finance Director to raise project finance capital, assist in funding the construction of utility-scale solar power projects globally and to help manage the project finance team to develop financing strategies. The ideal candidate will have excellent leadership skills and a strong background in raising project equity. This role will be based in Toronto, Ontario and is an exciting opportunity to work with a dynamic and rapidly growing company.

 

Key Functions and Responsibilities: 

  • Raise project finance capital (debt and equity) to fund the construction of utility-scale solar power projects
  • Assist in managing the project finance team to develop an appropriate financing strategy for various projects internationally
  • Regularly interact with SkyPower development teams and co-investors to understand objectives and recognize challenges to be addressed in designing project financing plans
  • Effectively solicit financing proposals from the marketplace
  • Manage fair and comprehensive bidding programs internationally
  • Negotiate and successfully execute financial documentation with the support of counsel
  • Build and model project pro forma spreadsheets and manage with team members
  • Develop and maintain strategic relationships with finance providers (, debt providers and cash equity investors) and demonstrate a strong understanding of investor strengths and limitations
  • Develop and implement improved financing structures
  • Support SkyPower business units with the development of new channels of business and leading project-finance related activities
  • Manage the analysis and creation of the financing plan for respective projects with members of the project finance team
  • Recommend and lead improvements in processes across various teams
  • Track renewable energy markets being mindful of potential impacts on financing strategies
  • Manage external contractor and consulting relationships
  • Support development teams in the RFP process
  • Support merger and acquisition activities as needed
  • Other related duties may be assigned from time to time

 

Required Skills and Experience:

  • 7+ years of private-sector experience in project finance for power markets
  • Post-secondary degree in finance, business administration, economics or engineering
  • Strong track record of initiating and executing renewable energy and infrastructure project finance transactions
  • Previous experience participating in the RFP bidding process
  • Project finance experience in international and emerging markets
  • Strong understanding of technical, legal, commercial and accounting aspects of infrastructure and renewable energy projects
  • Strong management skills and experience leading a team
  • Financial advisory experience would be an asset
  • Strong credit analysis and project finance modelling skills
  • Proficient in the use of MS Office, particularly Excel, Word and PowerPoint
  • Able to work with global teams on multiple projects simultaneously
  • Able to travel globally up to 20% of the time, often with short notice
  • Outstanding communication skills, both verbal and written

 

Desired Skills and Experience:

  • Knowledge of the renewable energy industry, particularly utility-scale solar energy
  • Additional language capabilities would be an asset

 

Compensation

SkyPower prides itself on a highly competitive compensation package, which includes:

  • Base salary commensurate with experience
  • Highly competitive employee benefits plan effective immediately
  • Incentive bonus plan based on individual and company performance

 

Interested candidates should submit their resume and cover letter via email, citing “Project Finance Director” in the subject line to finance@skypower.com.

The successful candidate will gain exposure to many areas of the organization and the opportunity to grow within a dynamic and agile company. We thank all applicants for their submissions, but please note that we will contact only those most qualified for this opportunity.