Jobs · Finance · New York

Associate / Senior Associate, Project Finance

Madison Energy Infrastructure · New York, NY · 5 days ago
On-siteFinanceFull-time

Responsibilities

  • Build, maintain, and refine DCF models for solar, solar + storage, and standalone storage projects.
  • Collaborate closely with developers to stress-test project economics, model upside and downside scenarios, and identify levers that can meaningfully improve returns while preserving offtaker priorities.
  • Critically evaluate inputs and assumptions, identifying where estimates may be optimistic and ensuring the model reflects a defensible view of project economics prior to capital commitment.
  • Develop and run sensitivity analyses across the full range of pre-construction uncertainties, including production yield, O&M costs, price forecasts, tax treatment, ITC eligibility, FEOC compliance, congestion, accreditation methodologies, and construction timeline, to stress-test returns and inform investment decisions made well ahead of capital deployment.
  • Support investment underwriting, project valuation, and strategic development using market forecasts and scenario analysis.
  • Assess energy storage economics across multiple value streams, including energy arbitrage, capacity, ancillary services, and congestion-related opportunities to evaluate merchant BESS deployment across target state programs.
  • Evaluate the feasibility of prospective land campaigns in relation to community solar opportunities across target state programs, identifying optimal markets and informing option agreement decisions.
  • Track development budgets and model the impact of long-lead costs on cash flow management and project returns as opportunities progress through the pipeline.
  • Support development strategy related to market participation, offtake structures, and risk management approaches.
  • Partner with internal teams to align market insights with project design, siting, and execution decisions.

Qualifications

  • Bachelor’s degree in economics, engineering, finance, mathematics, or a related quantitative field.
  • 1–5 years of relevant experience in power markets, energy analytics, renewable energy, energy storage, consulting, or investment analysis.
  • Strong understanding of U.S. wholesale electricity markets and ISO/RTO market structures.
  • Experience modeling or evaluating revenues for energy storage and/or renewable assets.
  • Advanced Excel skills; experience with Python, R, SQL, or similar analytical tools preferred.
  • Ability to synthesize complex analysis into clear, decision-oriented recommendations.

Preferred

  • Experience with market forecasting tools or vendors (e.g., Aurora, PLEXOS, Enverus, Wood Mackenzie).
  • Familiarity with hybrid renewable + storage projects.
  • Exposure to commercial transactions, offtake agreements, or market participation strategies.
  • Working understanding of tax equity financing, solar ITC, FEOC compliance, and tax credit eligibility and transfer.
  • Advanced degree in finance, economics, engineering, or a related field, or equivalent professional certification (e.g., CFA).

Benefits

  • PTO and company holidays
  • Medical, dental, vision
  • Employer-paid short-term disability, long-term disability, life insurance
  • 401(k) and company match
  • Professional development stipend
  • Strong culture of collaboration, performance, and personal growth

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