Analyst, Project Finance & Financial Modeling

Jupiter Power; Houston (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Paid time off

401k with limited matching

Health benefits (medical, dental, vision)

Life insurance

Disability insurance

Flexible spending accounts

Job summary

A renewable energy company in Houston is looking for an Analyst in Project Finance & Financial Modeling. The role involves supporting financial modeling, project-level financings, and performance analytics across a battery storage portfolio. Candidates should possess a BA in Finance and 3-5 years in project finance, with strong Excel skills and attention to detail. The position offers a competitive compensation and benefits package, including flexible spending accounts and health insurance.

Qualifications

• 3–5 years of experience in renewable energy, infrastructure, or power project finance.
• Experience working with project finance financial models.
• Understanding of project-level debt structures and financing mechanics.

Responsibilities

• Build, maintain, and update project finance financial models.
• Prepare and support loan draw requests for construction costs.
• Assist in preparing lender reporting and compliance certificates.

Skills

Financial modeling

Attention to detail

Excel skills

Project finance

Organizational skills

Education

Bachelor’s degree in Finance, Accounting, Economics, or related field

Job description

Overview

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of battery energy storage assets in wholesale electricity markets. Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted structures. Backed by BlackRock’s Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of nearly 1,400 MW / 2,800 MWh in operations or under construction in the U.S., with a leading pipeline of over 12,000 MW in active development.

We are seeking an Analyst, Project Finance & Financial Modeling to join our Finance & Capital Markets/ Portfolio Management team. In this role, you will be responsible for support financial modeling, project-level financings, and portfolio management analytics across Jupiter Power’s standalone battery energy storage portfolio. The role offers hands-on exposure to battery storage project finance, including debt and tax equity structures, and close collaboration with internal teams supporting assets through construction and operations.

This is an execution-oriented role for someone who enjoys building models, understanding financing mechanics, and collaborating cross-functionally to support complex infrastructure projects.

This role will be based out of our Houston, TX office and is subject to our Company’s return-to-office policy which currently requires a minimum of three days a week in the office.

Key Responsibilities

Financial Modeling & Analysis

• Build, maintain, and update project finance financial models, including construction and term debt cash flows
• Perform DSCR, liquidity, reserve, and restricted payment calculations
• Update models for loan draws, funding events, amendments, and term conversions
• Assist with reconciling modeled cash flows to actual results in coordination with Accounting and Asset Management
• Support cash flow forecasting and scenario analysis

Loan Draws & Financing Support

• Prepare and support loan draw requests for construction costs, interest, fees, and reserves
• Track sources & uses, funding schedules, and draw activity
• Assist with satisfaction and tracking of Conditions Precedent (CPs) in coordination with Legal and senior finance team members

Compliance & Reporting

• Support ongoing financing compliance and covenant monitoring
• Assist in preparing lender reporting, compliance certificates, and related deliverables
• Track post-closing reporting and documentation requirements

Portfolio Management & Analytics Support

• Support portfolio-level financial and performance analytics across operating and construction-stage battery storage assets
• Assist with portfolio cash flow forecasting, liquidity tracking, and variance analysis
• Aggregate project-level data for portfolio reporting, internal dashboards, and management updates
• Support analysis related to financing compliance, distributions, and capital allocation under guidance from senior team members
• Help maintain and improve internal tracking tools, templates, and analytics used by the Portfolio Management team

Cross-Functional & Stakeholder Support

• Collaborate closely with Legal, Accounting, Asset Management, Origination, and Procurement teams
• Provide analytical and execution support to senior finance team members in interactions with lenders, investors, and third-party advisors
• Review third-party reports (Independent Engineer reports, cost certifications, etc.) to assess financial and compliance implications
• Assist in coordinating inputs, data requests, and documentation across internal teams to support funding and reporting activities
• Contribute to the standardization and continuous improvement of financial modeling, loan draw, and compliance processes

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field
• 3–5 years of experience in renewable energy, infrastructure, or power project finance
• Experience working with project finance financial models
• Understanding of project-level debt structures and financing mechanics
• Strong Excel skills (integrated models, cash flow analysis, sensitivities)
• High attention to detail and strong organizational skills

Preferred Qualifications

• Experience with battery storage and/or utility-scale solar projects
• Familiarity with tax equity structures (partnership flip, back-leverage)
• Exposure to loan draws, covenant compliance, or financing closings
• Experience at an IPP, developer, infrastructure fund, advisory firm, or project finance lender

Power considers a number of factors when determining starting compensation such as the position requirements and the candidate's qualifications.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus and equity programs. Jupiter Power offers a variety of other benefits including paid time off, 401k with limited matching, health benefits (medical, dental, and vision), life insurance, disability insurance, and flexible spending accounts.

Jupiter Power does not discriminate based on a candidate's race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, disability, or any other protected class.