Senior Associate, Energy Transactions - Capital Formation

Baker Tilly Advisory Group, LP; Madison (WI); On-site; USD 78,000 - 126,000; Full time

Job summary

Baker Tilly Advisory Group, LP in Madison, WI seeks a Senior Associate, Capital Formation to support renewable energy transactions from evaluation through close. You will assess project economics, build robust financial models, and help structure financing to optimize investor returns.

Collaborating with tax, legal, lenders and developers, you will contribute to due diligence, negotiations and closing activities in a dynamic regulatory landscape.

Qualifications

• 4-year degree with at least 3 years of professional experience.
• Degree in Finance, Engineering, or related field preferred.
• Strong financial modeling and due diligence capabilities.

Responsibilities

• Evaluate renewable energy investment opportunities with rigorous financial modeling and sensitivity analysis.
• Underwrite tax equity and project finance transactions to optimize returns.
• Collaborate with developers, sponsors, lenders, legal and tax advisors to support transaction execution.
• Review project development docs to identify key investment risks.
• Prepare Investment Committee memoranda and marketing materials for capital deployment.

Skills

Financial modeling

Analytical thinking

Communication

Project management

Education

Bachelor’s or Master’s degree in Finance, Engineering, or related field

Tools

Excel

PowerPoint

Job description

Overview Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers - New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion.

Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law. Any unsolicited resumes submitted through our website or to Baker Tilly Advisory Group, LP, employee e-mail accounts are considered property of Baker Tilly Advisory Group, LP, and are not subject to payment of agency fees.

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Job Description

Come join Baker Tilly's Development Advisory (DA) team as a Senior Associate, Capital Formation. In this role, you will support the evaluation, structuring, and execution of renewable energy transactions across various energy transition technologies. Leveraging financial modeling, transaction analysis, and market expertise, you will conduct due diligence, analyze project economics, and assess financing alternatives to support capital deployment decisions. Working alongside other investment professionals and collaborating with tax- and energy-related disciplines, you will help drive transactions from evaluation through close while navigating the evolving regulatory landscape of the renewable energy sector. As one of the fastest-growing firms in the nation, Baker Tilly offers exceptional opportunities for career growth, flexibility in how and where you work, and meaningful relationships with clients, teammates, and leaders who genuinely care about your success and professional development.

Responsibilities

• Evaluate investment opportunities in renewable energy infrastructure, including solar, storage, renewable natural gas, and hydrogen, through financial modeling and detailed analysis of project economics, cash flows, tax attributes, and risk-adjusted returns.
• Underwrite tax equity and other project finance transactions to optimize investor returns and capital efficiency.
• Collaborate with developers, sponsors, legal counsel, tax advisors, lenders, and other counterparties to support transaction execution, including due diligence, structuring, negotiations, and closing activities.
• Review project development assumptions, engineering reports, legal documentation, and third-party diligence materials to identify key investment risks.
• Prepare Investment Committee Memoranda, as well as marketing and business development materials necessary for capital aggregation and deployment.
• Conduct market research on financing structures, transaction activity, and regulatory developments related to renewable energy investments.

Minimum Qualifications

• 4-year degree 3 years professional experience

Preferred Qualifications

• Bachelor’s or Master’s degree in Finance, Engineering, or related field.
• 3+ years of work experience in investment banking, private equity, corporate development, project finance, or consulting; Energy/Power industry exposure preferred.
• Experience building financial models, including 3-statement and tax equity models, cash flow projections, and other financial analyses to support investment decisions.
• Demonstrated ability to work independently and manage multiple projects while maintaining a high standard of professional and ethical conduct.
• Strong analytical skills coupled with attention to detail; excellent written and verbal communication skills.
• Advanced proficiency in Microsoft Excel and PowerPoint.

Compensation

• Actual compensation is influenced by a variety of relevant factors including but not limited to applicant’s skills, prior experience, qualifications, degrees, professional certifications, work arrangements and geographic location.
• Baker Tilly offers a comprehensive compensation and benefits package to eligible employees.
• The pay rate range for Madison, WI is $77,800-$126,390
• The pay rate range for Chicago, IL is $75,500-$139,030
• The pay rate range for Houston, TX is $75,500-$139,030
• The pay rate range for Austin, Dallas/Frisco TX is $79,000-$132,710