Project Finance Director

Description

Title: Director of Project Finance
Department: Project Finance
Location: Irvine, CA
Supervisor: Head of Project Finance
FLSA Status: Exempt
Position Status: Permanent, Full-Time

Work Status: Hybrid

DIRECTOR OF PROJECT FINANCE

Hanwha Qcells USA Corp ( Qcells USA), headquartered in Irvine, CA, specializes in providing utility-scale modules, solar photovoltaic (PV), and battery energy storage systems (BESS) project development, along with Engineering, Procurement, and Construction (EPC) services for solar and BESS projects nationwide. Qcells USA delivers comprehensive turnkey solutions encompassing the entire utility-scale project lifecycle. By choosing Qcells USA for turnkey solutions, customers can reduce uncertainty and risk, leading to enhanced investment returns and contributing to a more sustainable future.

Qcells USA's complete turnkey solutions seamlessly integrate the expertise of our Module, Development, and EPC teams, while ensuring close coordination with other vital internal groups such as Project Finance, Systems Integration, and Legal. This collaborative approach ensures that Qcells USA projects deliver exceptional value and performance. With several multi-billion-dollar investments, Qcells is pioneering the establishment of the only complete module supply chain in the U.S., including the expansion of our Georgia module manufacturing facility, which stands as the largest in the Western Hemisphere.

As an integral part of the global Qcells brand, Qcells USA benefits from a legacy of excellence in photovoltaic manufacturing. Qcells is renowned worldwide for its high-performance, superior-quality solar cells and modules. With dual headquarters in Seoul, South Korea (Global Executive HQ) and Thalheim , Germany (Technology & Innovation HQ), Qcells operates under the umbrella of Hanwha Group, a FORTUNE Global 500 company and one of the top 8 business conglomerates in South Korea.

SUMMARY

Th e Director of Project Finance is responsible for identification of potential project investors and manage the project finance processes. The Director of Project Finance reports to the Head of Project Finance , or other senior management personnel that the CEO of the Company may designate. This position reports to the Irvine, CA office but will maintain a hybrid schedule of working out of their home office and the Irvine, CA office. Working hours are Monday through Friday, from 8:00am to 5:00pm or 9:00am to 6:00pm local time. This position is expected to travel up to 30% of the time.

RESPONSIBILITIES

• Identify potential project investors within the equity fund and banking communities and develop strategies to build up utility solar power generation project pipeline in North America; propose, facilitate and close project finance solutions
• Based on project details, market conditions, project's commercial framework and Hanwha's business plan objectives, recommend the optimal large-scale utility solar power generation plant project finance structure
• Manage project finance process and work closely with Hanwha's team to bring the transaction to financial close
• Structuring, negotiating, and closing project financing, including construction debt, term debt, equity structures, tax equity, and asset leases
• Execution of due diligence processes
• Review of project documentation; review of third-party reports
• Accurately model project economics using the financial models
• Understand and review models of proposed financial structures
• Review proposed debt term sheets and model debt into project analyses.
• Regular attendance, in accordance with company's attendance policy and supervisory assignment, is an essential job duty requirement for this position

REQUIRED QUALIFICATIONS

• Demonstrated knowledge of and experience in sourcing, developing and managing relationships with institutional investors. Specific experience with solar investors
• Willingness to travel, up to 3 0% of the time
• Experience in and the ability to develop a targeted investor marketing program and forge strategic partnerships and customized investment products
• Demonstrated ability to bring closure to complex and high value business agreements; and execute on and close transactions
• Demonstrated ability to manage the financial, legal, and internal approval process to successfully close transactions
• Strong communication skills with proven track record in building relationships and working in cross-functional collaborative teams
• Comfortable working in a fast-moving dynamic, environment
• Investment banking experience a plus; transaction experience critical
• Minimum 3 years of solar project experience and 5-8 years of experience in project finance, corporate finance, or investment banking in energy or similar industry

EXAMPLES OF PHYSICAL DEMANDS

• Stationary Position: frequently remains stationary up to 90% of the time and sitting up to 8 hours in a day
• Move/Traverse: infrequently bend, stand, stoop and/or walk
• Carry Weight: infrequently carry weight and/or lift objects (light to heavy) weighing up to 10 pounds
• Hearing and Speech: frequently communicates with the ability to hear and talk on a regular basis with employees, coworkers, and all personnel matters; must be able to exchange accurate information in these situations
• Sight: frequent use of sight to detect images on computer, office documents, and office objects near and far
• Climb: occasionally ascends/descends on stairway to get to office upper and lower floors
• Travel: up to 30% as needed

EXAMPLES OF WORK ENVIRONMENT

• Regular professional, office business setting
• Noise level ranges from low to moderate (if in office setting)
• Noise level ranges from moderate to high (if on construction worksite)
• Under the Office Mobilization Plan (OMP) plan, the role may transition to an onsite or hybrid arrangement, as determined by business needs and the Head of Department

SALARY RANGE FOR POSITION

The anticipated starting pay range of this position, which is to be located in Irvine , CA i s $2 10,000 - $230,000 base salary per year.

The above-listed salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. The salary range shared in the job description is for the listed position and only pertains to the candidate if they work in Irvine, CA. Actual compensation is influenced by a wide array of factors including but not limited to internal pay equity, skill set, education, licenses and certifications, geographic location, essential job duties and requirements, and the necessary experience relative to the job's minimum qualifications. An additional discretionary bonus structure or incentives may be offered as part of the overall compensation package, in addition to the full range of medical, dental, and/or other benefits, dependent on the level and position offered.

Hanwha Qcells is proud to be an at-will Equal Opportunity Employer and prohibits discrimination against race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, pregnancy, citizenship, disability, protected veteran status and any other classification protected by applicable federal, state or local law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

It is important to note that the job descriptions provided by Qcells USA Corp are not intended to be comprehensive lists of all duties, responsibilities, or qualifications associated with the positions. Duties and responsibilities may change at any time with or without notice, reflecting our dynamic and evolving work environment.

We are committed to the full inclusion of all qualified individuals. As part of this commitment, Hanwha Qcells will provide reasonable accommodations to all qualified individuals with disabilities to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment. Please contact us to request accommodations at [email protected] .

Nothing in this statement shall imply implicitly or explicitly a guarantee of employment outside our at-will employment opportunity.

This job position is specific to Qcells USA Corp. only and not any other Hanwha affiliates. The above-listed salary range is required by the California Pay Transparency Act and may differ depending on the location of those candidates hired nationwide. The salary range shared in the job description is for the listed position and only pertains to the candidate if they work in Irvine, CA. Actual compensation is influenced by a wide array of factors including but not limited to internal pay equity, skill set, education, licenses and certifications, geographic location, essential job duties and requirements, and the necessary experience relative to the job's minimum qualifications. If candidates are considered for a nationwide role, then the compensation range will follow the marketability of the job function within those states. An additional discretionary bonus structure or incentives may be offered as part of the overall compensation package, in addition to the full range of medical, dental, and/or other benefits, dependent on the level and position offered.
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