VP Corporate Finance and Capital Markets

Headquartered in New Orleans, LA, PosiGen is the nation’s leading residential solar and energy efficiency provider focused on low-to-moderate income families and communities. PosiGen has over 600 direct employees and supports more than 150 employees through its contractors in LA, MS, CT, NJ, PA, and MA. PosiGen’s unique non-FICO based lease offering, combined with energy efficient services that save customers money by lowering both their cost of power as well as helping them conserve energy, makes solar energy accessible and affordable to homeowners of all income levels, and sets it apart from the rest of the industry.

Reporting to Chief Financial Officer, the Vice President of Corporate Finance and Capital Markets will assist the CFO with a variety of initiatives related to financial strategy and capital markets, including overall responsibility for developing and executing on the long term asset and corporate capital formation strategy for the company. This includes full management responsibility for raising a quarter billion dollars annually (growing significantly year over year), both tax equity and back leverage (shorter term warehouse facilities as well as future term financings), as well as managing the companies working capital financing and building and leading a team to execute on those plans.

This position is based out of our corporate HQ in New Orleans, however we are open to candidates who are based across the continental United States.

Key Capital Markets responsibilities will include:

• Developing a portfolio of scalable, low-cost financing structures to fund the Company’s residential solar systems.
• Identifying and cultivating relationships with potential tax equity, cash equity, and project debt investors that enables a programmatic approach and repeat year over year investments.
• Structuring and leading project finance transactions from origination to close.
• Partnering with accounting and asset management to transition closed deals to the post-execution phase with the Fund Management group.
• Managing relationships with our ongoing tax-equity partners and identifying follow-on investment opportunities.
• Managing and building out a team of capital markets and project finance professionals.

Key Strategy responsibilities will include:

• Work with CFO to establish financial and strategic goals for the organization, including financing and investment strategies
• Collaborate with the CFO to prioritize strategic financial projects, and work across departments to ensure their successful execution
• Partner with a variety of internal stakeholders, particularly those in finance leadership capacities, to ensure vertical and cross-functional alignment and accountability.
• Engage in discrete analytical projects to drive business decision making, and address strategic investment opportunities
• Own corporate modeling and capital planning activities, with ability to lead capital markets and fundraising activities
• Prepares information for the Board of Directors and/or Strategic Working Groups as it relates to PosiGen’s complex corporate finance model
• Gather market insight and trends, assemble business intelligence, and support PosiGen leadership in “skating to where the puck is going to be.”

Candidate Profile:

• Ideally, candidates will come from the renewable energy or similar asset based industry.
• MBA or equivalent
• 15+ years experience in raising equity and debt project capital either with an investment bank, private equity firm or project developer
• Must be facile with tax structuring, ideally partnership flip and leasing structures
• Proven ability to manage the initiation, structuring, and closing of multiple investment funds simultaneously
• A network of existing relationships within the investment community and capital markets
• Superior verbal and written communication skills
• Ability to build and maintain relationships with executive-level decision makers
• Strong team player: ease working cross-functionally with Accounting, Sales, Legal and Asset Management groups

Personal competencies:

• Cultural Fit: PosiGen employees are passionate and dedicated, team-oriented, humble, graceful under pressure, and open. Direct enough to speak his/her mind, independent enough to push back and stand his/her ground when required, but with the pragmatism to find commercial solutions to issues.
• Corporate Values: Understands, embraces and integrates PosiGen’s corporate values into everyday duties and responsibilities.
• Commitment to Excellence: Identifies what needs to be accomplished and take action to achieve a standard of excellence beyond job expectations
• Driving Results: Translate over-arching business goals into specific objectives for each member of the team. Hold people accountable for agreed-to results. Identify and keep others focused on the most important metrics that drive the business.
• Analytic Skill: The candidate must be able to spot problems quickly and find creative ways to solve them. She/he must be hands-on, data-driven and detail-oriented, with excellent technical, analytical, and evaluative skills.
• Entrepreneurial Drive: High-energy; quick to enable this dynamic organization to capitalize on trends and opportunities.
• Communication: Articulate and able to convey important messages and the unvarnished truth in a clear and compelling manner; an executive-presence combined with a high degree of maturity and business judgment.
• Management/Leadership: Forge strong, diverse teams of people with multiple perspectives and talents. Engage the team through his/her enthusiasm and excitement about the business.
• Delegate/give significant responsibilities to team members and hold them accountable; be able to recruit, motivate, develop and retain a team comprised of high-performing people.
• Integrity: Possess ethics beyond reproach, credibility and character, with demonstrated moral and ethical behavior.
• Peer Group Relationships: Develop deep peer group relationships. Coach, educate, innovate, and drive best practices with executives to maximize financial performance.

More about PosiGen:

At PosiGen, our “Solar for All!” product is based on our vision to save families money and transform communities with clean energy by putting people first, simplifying solar, improving home efficiency, and generating opportunities for the underserved. We strive to:

• Act with Integrity
• Be Humble, Be Kind
• Collaborate and Seek to Understand
• Deliver on our Promises
• Engage Passionately

PosiGen’s ambition is to rapidly grow its current customer base of over 22,000 customers and expand to offer its product from coast to coast and is seeking individuals that are energized and excited about our vision, mission and values, to join our team to build the best residential solar business in the US. We are looking for practical, self motivated people that can solve problems and participate in building a profitable business that delivers on our promises.

PosiGen is an Equal Opportunity / Affirmative Action employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, protected veteran status or any other factor protected by applicable federal, state or local laws. Individuals who require reasonable accommodations under the Americans with Disabilities Act in order to participate in the search process should notify the Office of Human Resources.

Base Salary

$200,000—$250,000 USD