Financial Analyst - Power, Utilities & Renewables Group - Dallas
About the Role
Houlihan Lokey’s growing Power, Utilities & Renewables (“PU&R”) Group provides a unique opportunity to gain valuable experience in both sell-side and buy-side M&A and bespoke capital markets transactions within the power industry. The PU&R Group has global coverage responsibilities for the firm’s investment banking activities in the power sector, including significant sell-side and buy-side M&A mandates for large renewable projects, merchant energy producers and IPPs, power & gas retailers, and investor-owned utilities. The PU&R Group also provides industry support for HL’s market-leading fairness and valuation practice.
Financial Restructuring at Houlihan Lokey is the largest worldwide financial restructuring practice of any investment banking firm, with offices and experienced professionals located across the globe. Since its inception in 1988, the restructuring group has advised on more than 1,900 restructuring transactions with aggregate debt claims in excess of $4 trillion. With nearly 300 dedicated restructuring professionals worldwide, the group serves clients domestically and internationally, providing extensive resources to staff each case.
Responsibilities
- Support advisory mandates for boards of directors, equity sponsors, owners, investors, and other stakeholders of merchant power producers, renewable energy companies, IPPs, retailers, and utilities on the evaluation, marketing, and execution of various transactions.
- Preparation of marketing materials, pitches, teasers, and various presentations.
- Performing all pertinent financial analyses, including:
- Valuations (discounted cash flow, LBO, trading comparables, precedent transactions, etc.)
- Financing and debt capacity analyses
- Returns / IRR analyses
- Interfacing with other industry professionals and consultants in evaluating power and utility assets.
- Supporting ongoing analyses of recent events, transactions, and trends within the power and utility sector.
Financial Analysts are typically members of deal teams comprising at least one Managing Director, Vice President, Associate, and Financial Analyst.
Qualifications
- At least one year of investment banking or similar experience.
- Experience in unregulated or regulated U.S. power markets, power project finance, trading/marketing, or corporate finance viewed favorably.
- Strong knowledge of accounting and applied financial theory, keen analytical capabilities, and excellent verbal and written communications skills.
- B.A. or B.S. in Finance, Accounting, Business, or Applied Economics and/or coursework in accounting and finance (preferred).
- Fundamental understanding of valuation theory, methodologies, and applications (preferred).
- Strong financial and computer skills (preferred).
- Demonstrated ability to work cooperatively with all levels of staff (preferred).
- Strong analytical abilities, including financial modeling skills (preferred).
- Excellent verbal and written communication skills (preferred).
- An advanced level of attention to detail (preferred).
Pay
Houlihan Lokey’s good faith and reasonable estimate of the possible salary range for this role at the time of posting is $120,000–$130,000. Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience, and the location where this position may be filled.
Benefits
Houlihan Lokey provides a competitive benefits package. Current benefits offerings can be found here.