Director, Portfolio Finance

ImpactAlpha Inc.; San Francisco, Northern (CA, KY); Hybrid; USD 180,000 - 260,000; Full time

Benefits offered by this job

Discretionary bonus

Health care

Retirement benefits

Paid time off

Tax reporting benefits

Job summary

Generate Capital is seeking a Director of Portfolio Finance to lead the operational project finance function for its distributed generation portfolio, with emphasis on Community Solar. You’ll own debt and tax equity financing, forecasts, and cross-functional collaboration to improve capital efficiency and returns.

A leadership role with growth potential within the power platform. The role requires extensive experience in structured and project finance, strong modeling skills, and the ability to

Qualifications

• 7+ years of relevant experience across structured finance, project finance, portfolio finance, or adjacent disciplines.
• Renewable energy or sustainable infrastructure experience strongly preferred.
• Knowledge of community solar programs and requirements is a major plus.
• Hands-on and advanced financial modeling capability across infrastructure assets, tax equity, and debt instruments.
• Direct experience with construction-to-permanent bank debt and closing mechanics.
• Demonstrated transaction leadership, including diligence, data room management, and closing execution.
• High proficiency in Excel and comfort with enterprise systems, dashboards, and data teams.

Responsibilities

• Own the debt side of the Community Solar portfolio end to end: lending, sizing facilities, lender relationships, and compliance.
• Lead tax equity execution with the Manager: capital commitments, tranche funding, ITC monetization, and diligence.
• Own portfolio forecasts and models across assets, debt, and tax equity with consistent assumptions and controls.
• Direct financing workstreams: diligence, data rooms, deliverables, title and real estate reconciliations, and closings.
• Maintain a live feedback loop with Investments and Structured Finance to align pricing and costs with portfolio experience.
• Partner with Finance on cash movements, liquidity planning, and EBITDA definitions.
• Establish KPIs and reporting to track financing progress, program returns, and capital recycling.
• Deliver against targets: tax equity funded within 30–60 days of milestones; construction financing closed timely.
• Institutionalize scalable processes and clean handoffs from Project Delivery to Asset Management.
• Lead and develop the team, with succession planning and reduced reliance on contractors.
• Escalation owner: frame risk and drive decisions across departments.

Job description

About Generate Capital

Generate Capital is a leading independent power producer and infrastructure investment firm focused on distributed generation and renewable energy solutions. The company specializes in developing, financing, and operating clean energy assets, with a particular emphasis on community solar programs and other distributed generation technologies that serve residential and commercial customers. Generate Capital’s platform encompasses project development, construction, financing, and long-term asset management across multiple renewable energy and sustainable infrastructure sectors. The firm works with a diverse range of stakeholders, including tax equity investors, debt lenders, commercial partners, and government entities to structure and execute complex project financings. The company’s business model involves originating projects, securing necessary financing through various instruments including construction debt, permanent debt, and tax equity arrangements, and then managing these assets throughout their operational lives. The company operates with a focus on capital efficiency and investment returns, maintaining strong relationships with financial institutions and tax equity funds. Generate Capital’s distributed generation portfolio, particularly its Community Solar program, represents a significant portion of its current operations and growth strategy. The organization emphasizes operational excellence, cross-functional collaboration, and the development of scalable processes to support portfolio growth and expansion of its renewable energy platform.

About this Role

Generate Capital is seeking a Director of Portfolio Finance to lead the operational project finance function for the company’s distributed generation portfolio. This role represents a significant leadership opportunity for an experienced senior manager ready to step up and grow with the portfolio as Generate expands its power platform. The Portfolio Finance team is responsible for the daily execution and tranching of projects into tax equity and debt facilities. The new Director will serve as the operational project finance leader, supporting origination and diligence of project financing facilities, owning post-origination financing milestone execution across construction debt, permanent debt, tax equity, and incentive monetization. This includes owning financing models, forecasts, and KPIs prior to handoff into operations. The Director will partner across Investments, Project Delivery, Technical and Commercial Asset Management, and Finance, including Structured Finance, Treasury, FP&A, and Accounting, to improve capital efficiency, investment returns, and cash generation. This function has strong execution requirements and needs a leader to see patterns across funds and counterparties. The portfolio finance function serves not merely as a financing execution force, but also as the commercial arm of asset management for many pre-operational decisions. The Director will lead a team, including a Manager with Analyst and Associate resources. In partnership with the Structured Finance team, the Director will help maintain tax equity and debt relationships and lead the structuring, sizing, and modeling behind all three financing instruments. The role initially focuses primarily on the Community Solar program and offers significant potential for growth as Generate expands its power platform.

Responsibilities

• Own the debt side of the Community Solar portfolio end to end: lead construction and permanent financing milestone execution with bank lenders, own lender relationships, size facilities, and manage exposure limits, draws, compliance and amendments


• Lead tax equity execution across active funds in partnership with the Manager who owns it: manage annual capital commitments, MC/interim/SC tranche fundings, ITC monetization and insurance, support term sheet and definitive document negotiations and diligence for each new fund


• Own portfolio financial forecasts and models across assets, debt, and tax equity; establish and maintain consistent assumptions, definitions, controls, and update cadences for cash and GAAP reporting


• Direct transaction and financing supporting workstreams: diligence, data rooms, independent engineer and third-party deliverables, title and real estate reconciliations, regulatory filings and approvals, and closing execution


• Maintain a live feedback loop with Investments and Structured Finance so that pricing assumptions, transaction costs, and financing structures for new opportunities are based on portfolio experience


• Partner with Finance teams on cash movements, reconciliations, liquidity planning, incentive accruals, and aligned portfolio definitions, including EBITDA and cash available for distribution


• Establish functional KPIs, data-quality standards and reporting to track financing progress, incentive monetization, program and portfolio returns, capital recycling, and performance against company targets


• Deliver against functional KPIs, such as tax equity funded within 30 days of mechanical completion and within 60 days of substantial completion, and construction financing closed within 60 days of notice to proceed


• Institutionalize informal processes and decision rights of a function that grew organically and design the function for scale; ensure processes hold up under volume


• Institutionalize clean handoffs from Project Delivery to Asset Management at key project milestones, ensuring that financial, operational, and contractual requirements are reflected in portfolio forecasts and execution plans


• Lead and develop the team, including succession planning for roles the function currently depends on and reducing reliance on contract resources


• Own escalation: when a project, fund or counterparty pre-COD issue spans multiple departments, frame the risk and drive the issue to a decision rather than asking who is driving it

Requirements

• 7+ years of relevant experience across structured finance, project finance, portfolio finance, financial asset management, or adjacent disciplines


• Renewable energy or sustainable infrastructure experience strongly preferred


• Knowledge of community solar programs and requirements is a major plus


• Hands-on and advanced financial modeling capability across infrastructure assets, tax equity, and debt instruments, with strong understanding of both cash and GAAP outcomes


• Direct experience with construction-to-permanent bank debt: sizing, draw administration, exposure management, and closing mechanics, and conditions precedent to funding such as title, survey, ALTA, environmental, lien waivers, consents


• Demonstrated transaction leadership, including diligence, data room management, multi-party coordination, closing execution, and ongoing facility administration, at volume


• Experience establishing governance, controls, and KPI definitions across a complex portfolio


• Judgment to translate financial insights into operational priorities and business decisions with ability to maintain focused execution of priorities


• Strong cross-functional leadership and communication skills with judgment to align diverse stakeholders and drive execution in a fast-moving environment


• Comfort delivering bad news early with a plan attached


• Cross-functional authority without formal reporting lines: credibility to negotiate responsibilities with peers and presence to bring risks, recommendations and decisions to a senior forum without being asked


• Track record of developing people and building bench strength to handle high volume consistently and at speed


• High proficiency in Excel and comfort working with enterprise systems, dashboards, and data teams to improve information quality and reporting


• Existing knowledge and daily use of AI tools is a major plus


• High integrity, intellectual agility, and roll-up-your-sleeves approach consistent with Generate’s values

Benefits

• Discretionary bonus


• Health care benefits


• Retirement benefits


• Paid days off including sick leave, parental leave, and paid time off or vacation benefits


• Additional benefits that must be reported for federal tax purposes