Financial Analyst (Project Finance/Cash Management) at Con Edison Clean Energy Businesses

Overview

WHO WE ARE

Con Edison Clean Energy Businesses, Inc. (Con Edison CEB), through its three principal subsidiaries – Con Edison Solutionsm (CES), Con Edison Development (CED) and Con Edison Energy (CEE) – develops, owns and operates renewable and energy infrastructure assets and provides energy-related products and services to wholesale and retail customers. Con Edison CEB is headquartered in Valhalla, New York, and has regional offices in Connecticut, Florida, New Jersey, Massachusetts, San Diego, Virginia, and Wisconsin.

CED is a leading developer of solar, wind and battery storage throughout the United States and currently owns and operates over 2.6 GW of renewable energy projects and is the second largest owner and operator of solar photovoltaic facilities in the U.S. CED leads the industry in the development, ownership and operation of renewable energy projects by providing engineering, permitting, interconnection, construction management, start-up and commissioning expertise, as well as operations and maintenance services. CED also has deep experience in financial management for power generation facilities.

WHY WORK FOR US

We offer great career opportunities and are able to check some of your boxes including:

• Be a part of a market leader and one of the largest solar energy producers in North America• Improve the planet by helping us further reduce carbon emissions• Collaborate on a dynamic team of high performing professionals• Create and improve on our renewable innovation• Obtain a customized career path• Obtain a competitive compensation package• Select from comprehensive health plans and other benefits• Utilize our generous tuition reimbursement program• Participate in social causes

ABOUT THE POSITION

The CEBs operate renewable energy projects across the United States worth several billion dollars. In support of our growing business, we are looking to add a key member to the Con Edison Development team in Valhalla, NY. The Financial Analyst of Project Finance and Insurance will support the company’s growth in renewable energy assets and help maintain robust insurance coverage. The Financial Analyst must have the aptitude and willingness to support the team’s project finance activities and other specialized areas of finance, and contribute to a fast-moving team. The Financial Analyst will drive improvements in insurance procurement, insurance contract terms and claims management.

You must be eligible to work in the US independent of company sponsorship.

Responsibilities

• Optimize Project Finance cash management activities, and ensure compliance with reporting requirements under Project Finance agreements
• Support project debt and tax equity origination.
• Insurance procurement and claims activity for Commercial Property and Liability insurance programs involving gathering and analyzing underwriting information, working closely with internal contacts, brokers and insurers.
• Credit Support Obligations: Work with internal project developers and asset managers to open, maintain and close out letters of credit/bonds and guarantees.
• Participate in special finance projects and provide support as needed.

Qualifications

EDUCATION: • Bachelor degree in Finance, Risk Management, Economics or related business area is required • Master degree in Business or Finance, ARM or CPCU designation not required but preferred

EXPERIENCE: 

• 2 to 5 years of experience in positions of increasing complexity and responsibility preferred• Experience in banking, project finance, treasury or insurance, a plus

JOB SKILLS:

• Strong Excel (i.e. formulas, lookups, etc.) and Powerpoint, and the ability to accurately synthesize information• Interest in Project Finance, Treasury management and other specialized finance areas, a must.• Ability to review and summarize contractual insurance terms• Excellent interpersonal skills required to interact with a wide variety of internal and external stakeholders• Strong attention to detail and has an ability to learn quickly and solve problems• Strong attention to detail and time management skills• Capable of working in a fast paced environment and quickly adapts to changing priorities

We offer a very competitive salary with annual target bonus, 401k plan with company match, comprehensive benefit package, generous time off policy, matching Employee Stock Purchase Plan, excellent Tuition Aid Program and a collaborative working environment in a growing organization.#LI-OS1INDCEBHP1

Equal Opportunity Employer: Consolidated Edison is an equal opportunity employer and, as such, affirms in policy and practice its commitment to recruit, hire, train, and promote, in all job classifications, without regard to race, color, creed, religion, sex, gender, age, national origin, marital status, sexual orientation, gender identity, gender expression, citizenship, eligible veteran status, disability, or any other status protected by law.

Con Edison is a federal contractor subject to VEVRAA and desires to receive priority referrals of protected veterans.