Associate - Tax Credit Investments

About the role

The Associate - Tax Credit Investments (TCI) supports the tax credit investment platform, with a focus on solar and battery storage. Responsibilities include deal origination, structuring, capital deployment, and asset management.

Responsibilities

• Assist in the financial, commercial, and technical analysis and underwriting of renewable tax equity investments and tax credit transfers.
• Prepare and manage timelines and responsibilities, and support the assigned AVP on tax equity and ITC transfer transactions.
• Assist in drafting and reviewing transaction documents alongside legal counsel.
• Track and manage conditions precedent and closing checklists for fundings.
• Build and maintain relationships with internal resource teams (business development, diligence, and accounting) and external teams (legal counsel, tax equity investors, advisors, independent engineers, appraisers, etc.) to establish and monitor workstreams.
• Prepare financial analyses in support of contract negotiations and project investment decisions.
• Support the TCI Capital Deployment Team by reviewing document diligence, managing data, creating flows of funds, organizing data rooms, and supporting AVPs and investors.
• Support the TCI Asset Management and Reporting Team with investor reporting, developer and project scorecards, cash distribution statements, and construction and compliance reporting.
• Develop and manage accurate financial models in MS Excel for internal and external audiences.
• Prepare and enhance presentation materials for corporate management and project investors, including financial analysis, investor marketing materials, and investment underwriting packages.
• Maintain and improve project workflow and investor communication software.
• Other responsibilities as assigned.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, Operations, or another related field preferred. An equivalent combination of education and relevant experience may be considered in lieu of a college degree.
• Two or more years of related experience in energy project finance, preferably at a developer, investor, or other relevant service provider (e.g., law firm, accounting firm).
• Proficient in financial modeling concepts and valuation skills, including DCF, ROI, NOI, etc.
• Highly skilled with MS Excel and skilled with other MS Office products, including PowerPoint and Word.
• Familiarity with integrating work automation with AI tools such as Claude and Copilot is a plus.
• Understanding of partnership tax concepts is a plus.
• Self-starter with a strong sense of ownership and responsibility.
• Ability to communicate effectively, verbally and in writing, and collaborate internally and externally.
• Ability to effectively manage multiple deadlines and work in a fast-paced, rapidly changing environment.
• Strong grasp of financial accounting principles, project management, and attention to detail.

Benefits

• Competitive base salary.
• Performance-based incentive opportunities.
• Comprehensive benefits including health, dental, vision, and retirement plan.

Schedule

This position may work from any of KeyState’s offices located in Las Vegas, NV; Denver, CO; or San Francisco, CA, or may potentially work remotely. Some business travel is required.