Financial Planning Analyst

Staten India; United States; On-site; USD 140,000 - 220,000; Full time

Job summary

Staten India seeks a senior financial manager to oversee renewable energy portfolio performance, debt management, and capital budgeting. You will lead asset-level P&L, forecast cash flows, and drive value through financial modeling and strategic analysis.

You will collaborate with technical teams to quantify operational impacts on financial returns, develop mitigations, and present reports to investors and lenders. This role demands deep energy finance expertise and strong governance.

Qualifications

• Experience managing asset-level P&L statements and budgets.
• Proficiency with financial modeling for renewable assets.
• Ability to analyze and optimize cash flow and returns.
• Strong understanding of PPAs, debt covenants, and covenanted reporting.

Responsibilities

• Own asset financial performance and prepare monthly/quarterly reports.
• Manage debt service, covenants, and lender reporting.
• Analyze generation, revenue, O&M costs, and asset availability.
• Develop scenarios and stress tests to assess IRR and NPV.
• Coordinate with technical/O&M teams to quantify financial impact.

Skills

P&L ownership

Debt & project finance

Forecasting & budgeting

IRR/NPV/DSCR

Financial modeling

Cost optimization

Management reporting

Tools

Excel

Job description

Key Responsibilities

1. Asset Financial Management

• Own the financial performance of the assigned renewable energy portfolio.
• Prepare and monitor asset-level P&L statements, budgets, forecasts, cash-flow statements, and variance analysis.
• Track revenue, operating expenses, CAPEX, working capital, debt service, taxes, insurance, and other financial obligations.
• Analyze actual performance against budget, business plan, PPA assumptions, and financial model.
• Identify opportunities to improve asset profitability and cash generation.
• Develop monthly, quarterly, and annual financial performance reports for management and investors.

2. Debt & Project Finance Management

• Manage financial obligations associated with project debt, including:
  • Principal repayments
  • Interest payments
  • Debt service schedules
  • DSCR monitoring
  • Reserve accounts
  • Financial covenants
  • Lender reporting
• Review financing agreements and monitor compliance with debt covenants.
• Coordinate with banks, lenders, financial institutions, and investors.
• Monitor refinancing opportunities and evaluate refinancing impacts on project returns.
• Identify potential covenant breaches and develop mitigation plans.
• Maintain accurate debt schedules and financial models.

3. Revenue & Generation Management

• Monitor plant generation and revenue against the approved business plan and PPA assumptions.
• Analyze the financial impact of:
  • Generation underperformance
  • Plant availability
  • Curtailment
  • Degradation
  • Grid outages
  • PPA performance
  • REC revenue
  • Energy pricing
  • O&M costs
• Work closely with technical/O&M teams to quantify the financial impact of operational issues.
• Develop revenue-loss and underperformance calculations.
• Support recovery of damages, insurance claims, liquidated damages, and contractual compensation.

4. P&L and Financial Performance

• Prepare and maintain project-level and portfolio-level Profit & Loss statements.
• Monitor:
  • Revenue
  • EBITDA
  • Operating expenses
  • Financing costs
  • Depreciation
  • Taxes
  • Net income
  • Free cash flow
• Perform monthly financial close and variance analysis.
• Explain material deviations from budget and forecast.
• Develop corrective action plans for underperforming assets.

5. Financial Modeling & Investment Analysis

The candidate must be highly proficient in renewable-energy financial modeling and investment analysis.

Responsibilities include:

• Develop and maintain project financial models.
• Calculate and analyze:
  • IRR
  • Project IRR
  • Equity IRR
  • NPV
  • NPFA / Net Present Financial Analysis, where applicable
  • Payback period
  • DSCR
  • EBITDA
  • Cash-on-cash return
  • Debt/equity ratios
• Perform IRR sensitivity analysis for changes in:
  • Generation
  • PPA price
  • Energy price
  • O&M costs
  • CAPEX
  • Interest rates
  • Debt tenor
  • Inflation
  • Degradation
  • Tax assumptions
• Develop downside, base-case, and upside scenarios.

6. Stress Testing & Risk Analysis

• Conduct financial stress tests for renewable energy projects.
• Develop scenarios such as:
  • 520% generation reduction
  • PPA revenue reduction
  • Increased O&M costs
  • Major equipment failure
  • Extended outage
  • Interest-rate increase
  • Debt refinancing risk
  • Delayed payments
  • Insurance claim delays
  • Major CAPEX requirements
• Assess the impact of stress scenarios on:
  • IRR
  • NPV
  • Cash flow
  • DSCR
  • Debt repayment
  • Equity returns
  • Project profitability
• Present recommended mitigation strategies to senior management.

7. Legal & Contractual Liability Management

• Review and monitor financial and commercial obligations under:
  • PPAs
  • EPC contracts
  • O&M agreements
  • Loan agreements
  • Lease agreements
  • Interconnection agreements
  • Asset management agreements
  • Insurance policies
• Identify potential contractual liabilities and financial exposure.
• Maintain a Contractual Liability & Obligation Register.
• Track:
  • Liquidated damages
  • Performance guarantees
  • Warranties
  • Indemnification obligations
  • Insurance requirements
  • Payment obligations
  • Default provisions
  • Termination provisions
• Coordinate with legal counsel on disputes, claims, notices, settlements, and contractual enforcement.
• Quantify financial exposure arising from legal and contractual disputes.

8. Governance & Compliance

• Establish and maintain strong financial governance across the renewable energy portfolio.
• Ensure compliance with:
  • Financing agreements
  • PPA requirements
  • Corporate policies
  • Internal controls
  • Regulatory requirements
  • Investor requirements
• Develop approval matrices and financial controls.
• Ensure proper documentation and audit trails for major financial decisions.
• Support internal, external, lender, investor, and statutory audits.
• Maintain asset-level governance calendars and compliance trackers.

9. Accounts Receivable & Payable

• Monitor customer/PPA receivables and payment collections.
• Track overdue invoices and outstanding balances.
• Coordinate with Accounts/Finance teams to resolve payment issues.
• Monitor vendor payments and contractual payment obligations.
• Prepare aging reports and cash-flow forecasts.
• Escalate material payment delays and credit risks.

10. Asset Performance & Commercial Optimization

Work closely with technical Asset Management/O&M teams to translate operational performance into financial impact.

• Analyze financial impact of plant availability and generation.
• Evaluate major repair versus replacement decisions.
• Assess warranty claims and equipment replacement economics.
• Review O&M contracts and identify cost-saving opportunities.
• Evaluate CAPEX proposals based on financial return.
• Support decisions relating to inverter replacement, module replacement, major equipment repair, and plant upgrades.
• Develop business cases for asset optimization initiatives.

11. Investor & Management Reporting

Prepare high-quality financial reports for:

• Senior Management
• Investment Committee
• Investors
• Lenders
• Banks
• Asset owners
• JV partners
• Board-level stakeholders

Reports should include:

• P&L
• Cash flow
• Budget vs. actual
• Forecast
• Debt position
• Revenue performance
• Generation performance
• IRR/NPV
• Financial risks
• Contractual liabilities
• Key financial KPIs
• Corrective actions