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Role Overview
Title: Finance Associate
Hours: Full-time; Salaried
Location: Salt Lake City, UT
Benefits Eligible: Yes
Reporting to: Head of Finance
Mission – Why we exist and why we need you
Geothermal energy is the most abundant renewable energy source in the world. There is 2,300 times more energy in geothermal heat in the ground than in oil, gas, coal, and methane combined. However, historically it’s been hard to find and expensive to develop. At Zanskar, we’re using better technology to find and develop new geothermal resources in order to make geothermal an affordable and vital contributor to a carbon-free electrical grid. We’ve set new industry standards for discovery rates, finding new prospects at an unprecedented scale and revolutionizing the exploration process.
The Finance Associate will be crucial in supporting the Head of Finance in financial modeling and analysis and strategic decisions focusing on the economic viability of geothermal power projects. This is a career-level role, and we expect the Finance Associate to grow and find new ways to impact our organization, contributing to Zanskar’s broader financial and capital allocation strategy.
Outcomes - Problems you’ll solve
In the first six months, there will be a concentrated emphasis on performing different financial analyses to guide key investment decisions on individual geothermal projects and across the portfolio including valuation, capital allocation, financing, and deal structure. This will require becoming intimately familiar with potential capital permutations, structure sensitivities, and value levers. You will work closely with cross-functional experts in various groups such as land acquisition, development, exploration, etc. You will work directly with the Head of Finance and senior management in the structuring, negotiation, and execution of project finance transactions, including debt and equity financings for infrastructure projects.
Additionally, you may help build out internal financial processes, manage external contractors, or perform internal analysis needed for Zanskar’s teams to manage budgets and improve operational effectiveness.
Competencies – What we’re looking for
-Industry-specific project finance: Can develop and maintain complex financial models for project and infrastructure financing that may include construction financing, back leverage, tax equity financing, and project offtake, among others. Capability should be equivalent to 2-4 years of experience in project finance, specifically in energy and renewables (geothermal energy is a plus).
-Reliability: Ability to deliver impressive results in a cross-functional, high-growth, and fast-paced environment.
-Flexibility: Can perform analysis on a variety of projects with different project or transaction deadlines with potentially shifting priorities. Feels comfortable structuring and resolving ambiguity in order to come up with an actionable answer.
-Cross-functional communicator: Able to translate various internal and external teams’ input into financial models as well as communicate the impact of those with non-financial stakeholders.
Benefits include
-Paid holidays
-15 days PTO Accrual increase based on tenure
-Paid Sick Leave
-Medical and dental coverage
-401k
-A direct impact in displacing carbon emissions
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Equal Opportunity Employer
Zanskar is an equal opportunity employer (EOE) and complies with all applicable federal, state, and local employment practice laws.
All job offers are contingent upon passing a pre-employment drug screening & background check.
Please reach out to careers@zanskar.us with any questions.
Full Time
$105k-123k (estimate)
05/08/2024
07/07/2024
The job skills required for Finance Associate include Analysis, Financial Modeling, Economics, etc. Having related job skills and expertise will give you an advantage when applying to be a Finance Associate. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Finance Associate. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Finance Associate positions, which can be used as a reference in future career path planning. As a Finance Associate, it can be promoted into senior positions as a Financial Associate (Corporate) III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Finance Associate. You can explore the career advancement for a Finance Associate below and select your interested title to get hiring information.