What are the responsibilities and job description for the Finance Manager position at Grid United?
The Organization
Grid United is a mission driven company aiming to solve the largest barrier to a more reliable, resilient and affordable grid by developing new long haul electric transmission lines in the United States. Established in 2021 by proven industry leaders, Grid United is developing utility-scale electric multi-state transmission projects that will provide long-term economic benefits to communities across the country, improve grid resiliency for our homes and businesses, and save costs for electricity consumers.
More information about the company can be found at www.gridunited.com
The Position
Grid United has numerous large-scale transmissions projects underway and is currently identifying and studying additional prospective projects across North America. With patient capital backing and led by experienced energy veterans, Grid United is in a fast-growth stage, boasting a purpose-built team of motivated and entrepreneurial talent, and we are looking to expand with power and project finance talent. This is an exciting opportunity to help Grid United commercialize and finance the company’s innovative transmission projects. The Finance Manager position is in Houston, TX. Grid United is located in downtown Houston and has a one-day/week work from home policy in order to support and attract the best talent. This role reports to a VP of Finance.
Please apply if you possess 70% or more of the required skills described below.
Key Responsibilities & Outcomes:
- Create and maintain the financial modeling for project-level forecasting, including calculating project valuations and returns, pricing a variety of revenue structures, and associated sensitivity analyses
- Build and update the corporate financial model including projections and modeling various financing and commercial arrangements
- Provide input and work with cross-functional teams to compile project-level budgeting
- Develop and manage consolidated budgeting projections on a corporate level to support strategic capital planning
- Conduct deep due diligence for potential acquisitions, including thorough market analyses, transaction structuring, and valuation analyses
- Provide financial support to commercial contract negotiations
- Prepare investment presentations and memos regarding new investment opportunities with the opportunity to participate in management discussions around potential investments and strategic imperatives
- Monitor and analyze market trends, regulatory developments, and industry dynamics to identify potential opportunities and risks
- Collaborate with internal and external cross-functional team members (e.g. project developers, market and commercial analytics, land, engineering, environmental, interconnection, accounting, legal, etc.).
Desired Experience and Skills:
- Bachelor’s degree highlighting a record of success
- Minimum 3 years prior work experience in a related financial, energy, investment banking and/or private investment role. The ideal candidate will have 3-5 years of experience across power and utilities investment banking and infrastructure private equity, with strong project finance modeling skills
- Very strong quantitative skills and deep modeling experience
- A passion for collaborative, team-based work with a hands-on entrepreneurial approach to investing and business growth
- Strong ambition to learn the cutting edge of the power industry and transmission development
- Excitement to understand, model, and evaluate a variety of commercial and financial structures, including novel structures to enable the company’s innovative transmission projects
- Strong interpersonal skills and ability to build relationships and work with professionals around the organization
- Exceptional organizational skills, including the ability to multi-task efficiently with constant regard for accuracy and attention to detail
- Detail-oriented work style with an ability to work in a high-pressure environment without sacrificing quality
- Strong work ethic, persistence, and an ability to quickly grasp and understand new concepts including financial and legal structures
- Excellent written and oral communication abilities
- Proficiency with Microsoft Office suite of products (Excel, PowerPoint)
- Positive, professional, and energetic team-oriented attitude
What the Right Candidate Will Love about this Opportunity:
- An organization dedicated to solving the ever-changing Rubik’s cube of high voltage transmission development in a fast paced, dynamic, and innovative culture
- Working with a core group of dedicated and thoughtful colleagues
- Working on a day-to-day basis with highly experienced and proven industry leaders
- Being empowered to play a leading role in delivering large-scale projects that will materially change the energy future of America
- Working in an organization committed to having a positive social impact
- Excellent financial backing from a leading energy investor with long term commitment, passion for energy, and an understanding and appetite to tackle the challenges of transmission development
Benefits:
- The position has competitive compensation
- Eligible for medical, dental, vision, 401(k), bonus, paid time off
Grid United is an equal opportunity employer, committed to a diverse and inclusive workplace. All qualified applicants will be considered for employment without regard to race, color, religion, national origin, age, sex, gender identity or expression, marital status, sexual orientation, disability, military/veteran status, or any basis prohibited by applicable law.
