Senior Manager, Investment Management

About the role

Senior Manager, Investment Management

Lightsource bp | Denver, CO or Austin, TX | Hybrid

Department: Finance | Reports to: Head of Regional Finance, US

About Lightsource bp

Lightsource bp is a global leader in onshore renewable energy development, delivering large-scale solar and energy storage solutions that power the energy transition. For over a decade, we've been diversifying the way the world is powered through responsible, sustainable renewable energy.

Fully acquired by bp in 2024, Lightsource bp operates under a capital-light investment model — retaining management and equity interest in projects while leveraging third-party capital, including debt, tax equity, and structured equity financing, to fund our growing portfolio.

Our people and projects are focused on long-term sustainable growth, energy security, and a cleaner future.

The Opportunity

Lightsource bp is seeking a Senior Manager, Investment Management to join our U.S. Finance team, based in Denver or Austin.

What You'll Do

Financial Modelling & Analysis

• Build, develop, and maintain robust financial models for individual asset portfolios, including return and valuation calculations, debt sizing, ratio analysis, and scenario sensitivities
• Update portfolio models with actuals and maintain monthly, semi-annual, and annual cash flow models
• Provide support on debt financing, refinancing, and M&A transactions
• Work with independent advisors (technical, legal, tax) and internal teams to develop deep knowledge of asset value drivers
• Deliver clear, high-quality financial modelling advice to both specialist and non-specialist stakeholders
• Support budgeting, financial planning, and Board presentations

Portfolio Valuation

• Regularly review and update the Asset Valuation Framework, including valuation methodology, modelling assumptions, and financial KPIs
• Update asset portfolio models on a semi-annual basis with financial actuals and agreed assumptions, delivering outputs in line with the Asset Valuation Framework
• Prepare timely valuation reports and provide model updates to support investment and divestment initiatives

Investment Management Team Support

• Support IM Portfolio Managers on investor and lender compliance matters, including modelling and presentations for tax equity investors, JV partners, and lenders
• Manage covenant reporting, waiver and approval requests, debt service payments, sponsor distributions, and credit support facilities such as Letters of Credit
• Contribute ideas for new investment or divestment opportunities, including maintenance capex, operational improvements, and commercial contract enhancements

What We're Looking For

Skills & Knowledge

• Advanced Excel skills are a must, including VBA, Power Query, and Power BI (or similar data analysis tools)
• Demonstrated ability to build financial models for project valuations and project-level debt management
• Strong understanding of project finance debt sizing, key valuation drivers, and non-recourse financing structures

Experience

• 3–5 years of relevant work experience in project finance, financial advisory, infrastructure investment, or a related field
• Proven track record of independently building financial models, running sensitivities, and challenging assumptions on project finance transactions
• Demonstrated experience as the primary modeller on a debt raising transaction within a financial institution, financial advisory, or model auditing firm
• Prior experience taking a project through an Investment Committee, including building models to present the business case for investment, is a strong plus

Education

• Degree in Engineering, Finance, Business, or a related field

Personal Qualities

• Strong organizational skills with the ability to prioritize effectively across multiple workstreams
• Excellent attention to detail with the ability to recognize and question anomalies
• Calm under pressure, adaptable, and comfortable operating in a fast-paced, complex matrix environment
• A strategic thinker who can connect asset-level detail to broader portfolio and regional insight

What to Expect in This Role

This is a high-impact role in a complex, multi-stakeholder environment. You'll be expected to think several steps ahead, distill critical matters for senior leadership, and balance regular deliverables with the ability to step up on time-sensitive or high-priority issues. You'll work across teams globally, leveraging best practices and contributing to Lightsource bp's continued growth in the U.S. renewable energy market.

Why You'll Want to Work With Us

• Competitive base salary 160k to 180k, plus 20% annual bonus
• Health, dental, vision, and prescription coverage from day one with zero premiums for employee-only coverage
• Four weeks vacation, three weeks sick leave, and 11 paid holidays
• 401(k) with 3% nonelective employer contribution
• Retention bonuses
• Hybrid work schedule (Tuesday–Thursday in office; Monday & Friday remote)
• Monthly phone reimbursement up to $100
• Commuter benefit up to $150 per month
• Lifestyle Savings Account and additional wellness benefits
• Agile, international team operating across 15 countries, working to accelerate the global energy transition and create lasting positive impact on communities and ecosystems worldwide