Associate / Senior Associate, Finance (Transmission)

LS PowerNew York, NY, US

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LS Power Finance Associate / Senior Associate

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions. Since inception, LS Power has developed or acquired over 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through LS Power Grid, the firm has built and operates approximately 780 miles of high-voltage transmission for a current portfolio value of $1.4bn. In addition the firm has another 300+ miles and multiple grid infrastructure projects currently under construction or development representing a total growth capital investment of $4bn. Across its efforts, LS Power actively invests in and scales businesses that are accelerating the energy transition, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised $70 billion in debt and equity capital to support North American infrastructure.

Our Purpose is to solve complex energy problems that improve the world. Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem. Our Values are the willingness to participate in and help strengthen our culture of Integrity, Innovation, Teamwork, and Taking Ownership. Our People create value and are our Most Valuable asset. We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.

We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees' happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.

The salary for this role is $145,000 - $165,000. This is the range that we in good faith anticipate relying on when setting wages for this position. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in New York. This salary range may also be modified in the future.

As the Associate / Senior Associate, you will be responsible for supporting the finance team in raising debt and equity capital to ensure adequate funding of the LS Power Grid ("LSPG") business through a period of rapid growth in many different U.S. power market regions. You will work closely with the senior LS Power finance team members, the LSPG development team, and LS Power's existing legal, regulatory, accounting, tax, and treasury functions.

As the Associate / Senior Associate, you should have experience in power or energy industries, and a background in capital markets or principal investing, as well as an interest in the energy transition. Familiarity with FERC or State rate-regulated business models is preferred.

The position is located in LS Power's office in New York NY.

Responsibilities

What you will do :

Transaction Execution : Secure third-party debt and equity capital to support future investment in assets and business growth.
High-Level Analysis : Conduct complex financial analyses and modeling to support executive-level decision-making.

Work closely with the LSPG development team to understand asset-level details, key asset operational risks, commercial commitments, construction risks and timelines, and cost-of-service ratemaking.

Prepare and maintain complex financial modeling to project liquidity and cash needs of LSPG and its subsidiary companies.

Project Management : Lead finance-related projects, ensuring they are completed on time to support new capital raises, state- and federal-ratemaking activities, strategic partnerships, and other processes critical for a $4bn+ rate-regulated group of companies.

Managerial Responsibilities : Oversee and mentor junior associates, providing guidance and support to ensure the accuracy and timeliness of their work, and assist with their professional development.

Stakeholder Communication : Communicate financial insights and recommendations to senior management. Coordinate with third party lenders, ratings agencies, investors, and other stakeholders as necessary.

Independent Discretion : Make decisions independently based on experience and expertise, ensuring alignment with the company's financial goals and strategies.

Compliance and Risk Management : Ensure compliance with financial regulations and manage financial risks through persistent cross-functional coordination.

Qualifications

We want you on our team because you

Hold a bachelor's or master's degree in a related field of study

Have a minimum of 3 - 4 years of experience across infrastructure- and energy-related deal execution, preferably at a large financial institution or corporation

Have demonstrated transaction experience leading financial modeling, investment and / or credit underwriting processes, and management of investor / creditor due diligence processes

Possess sector-specific knowledge of risk management and credit mitigants

Have strong analytic, modeling, and fundamental research skills

Are able to work on a number of simultaneous projects with minimal supervision and exemplary follow-through

Ideally you will also have

Familiarity with ratings agency project finance and utility corporate methodologies

Knowledge and experience with a utility cost-of-service ratemaking framework

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Finance Associate • New York, NY, US