Financing Compliance Manager
Do you want to work with high caliber professionals in a dynamic and growing company? Are you entrepreneurial, hard-working, and collegial? Are you committed to advancing the clean energy revolution? Join us at SB Energy, a leading company backed by SoftBank and Ares pairing cutting-edge innovation with best-in-class execution. Our Mission is to provide flexible renewable energy at scale, accelerating the global energy transition and benefiting our planet, customers, communities, and people.
SB Energy develops, constructs, and owns & operates some of the largest and most technically advanced renewable projects across the United States, with headquarters in Redwood City, CA. The company was launched in 2019 and has quickly become one of the largest solar and storage developer/IPPs in the U.S. With almost 3 gigawatts (GW) of renewable energy projects in operation or under construction and a multi-GW pipeline, SB Energy is building the renewable energy future – today. SB Energy also utilizes its strong culture of innovation to identify and incorporate new technology into our projects, including our AI-based digital platform, to deliver renewable energy that is local, reliable, and matched to load.
Come join us in accelerating the energy transition to cleaner, more sustainable sources of power!
Basic Function:
As part of the Finance Group, the Financing Compliance Manager will support the company in various functions including management of debt and tax equity facilities, covenant compliance, internal and external reporting, and process improvement. This position will play a vital role in the organization by ensuring all financing obligations are met in a timely and accurate manner.
The successful candidate will be an integral part of a team responsible for adhering to debt obligations, maintaining good standing with lenders, and supporting the overall financial health of the business. This position will coordinate with a variety of internal and external counterparties including Capital Markets, FP&A, Asset Management, various banks, and tax equity partners. This role requires a deep understanding of financial regulations, debt structures, and the renewable energy industry. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to work collaboratively across departments. They will maintain meticulous records in a multi-project, multi-entity setting and will thrive in a fast-paced, constantly evolving work environment demanding a high-level of ownership.
Responsibilities:
- Review and interpret loan agreements, tax equity financing documents, and other financings related documents.
- Monitor and help manage the company's financings (including both debt and tax equity) to ensure compliance with financial obligations are met in a timely and accurate manner.
- Serves as a point of contact for lenders, investors, and other financial stakeholders.
- In collaboration with FP&A, conduct regular analysis of the company’s financial performance relative to financial models and covenants.
- Prepare and submit compliance certificates and other required documentation to lenders and investors.
- Collaborate with the accounting and finance teams to ensure accurate and timely financial reporting and disclosures.
- Stay informed about changes in financial regulations and industry standards that may impact debt compliance.
- Coordinate with external auditors, legal counsel, and financial advisors to ensure all debt compliance requirements are met.
- Facilitate communication between internal departments and external stakeholders regarding the company's financing.
- Develop and implement policies and procedures to enhance debt compliance processes.
- Utilize financial software and tools to streamline financing management and reporting.
- Provide training and guidance to finance team members on financing compliance best practices.
Qualifications/Requirements:
- Bachelor’s degree in finance, Accounting, Business Administration, or related field.
- CPA, CFA, or other relevant certification preferred.
- Minimum of 5 years of experience in debt compliance, financial analysis, or related roles, preferably in the renewable energy industry.
- Strong understanding of debt instruments, financial covenants, and regulatory requirements.
- Excellent analytical and problem-solving abilities.
- Strong communication and interpersonal skills.
- Strong organizational skills, with the ability to prioritize tasks and manage multiple projects simultaneously in a fast-paced environment.
- Prefer experience in renewables.
Travel Requirements
Location: San Diego, CA, Phoenix, AZ, Dallas, TX or remote option available
The position may require up to 10% domestic travel.
Base Pay- $130,000- $145,000
Actual compensation packages are based on several factors that are unique to each candidate, such as skill set, experience, certifications, specific work location, and other non-discriminatory factors permitted by law. Base pay may vary per location due to differences in the cost of living.
The total compensation package for this position may also include an annual discretionary bonus, full Health & Wellness Benefits package, and other applicable incentive perks as outlined in any formal offer made. The final compensation package will be discussed with the candidate during the final stages of the hiring process.
Our Health & Wellness Benefits
SB Energy’s Benefits programs are designed to support our team members and their families while keeping their well-being, happiness, and varying needs in mind. SB Energy employees may enroll in our benefits programs and take advantage of customized perks and offerings, including those designed to support families, however defined. We offer the following benefits to all team members:
- Comprehensive Medical, Dental, and Vision insurance: 100% premium covered by the company, for employees and dependents
- Long-Term Disability (LTD), Life Insurance, and AD&D Plans
- Competitive Retirement Benefits with 401(k) company match
- Generous Paid Time Off and 11 Paid Company Holidays
- Flexible working arrangements
- 12 weeks fully paid Parental Leave
- Flexible Spending Account (FSA) – Medical & Dependent FSA; Transit & Parking FSA with employer contributions
- Mental, Physical, Social Health Wellness Offerings with employer contributions
- Voluntary Legal Insurance Plan & Pet Insurance
- Monthly reimbursement for Phone/Internet/Data
- Phone Equipment Purchase Benefits
- Thoughtful Hybrid Workplace Set-up Benefits
Promote Sustainability with a Purpose - At SB Energy, you may choose to become a part of our ‘Just Renewables’ Committee and work along with team members who share a belief in pursuing our mission in such a way that empowers a diverse and inclusive workforce that advances social justice and equity for our employees as well as partners and communities!
SB Energy is committed to increasing the diversity of its workforce and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. SB Energy strives to create an inclusive culture and safe environment for all.
To learn more about us, visit www.sbenergy.com.