Lightsourcelabs
Overview
We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development. For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise. Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security. Lightsource bp was fully acquired by bp in 2024. As a global developer, LSbp has adopted a capital-light model designed to retain management and equity interest in projects whilst minimising capex and debt consolidation. Therefore, once developed, project funding is relying extensively on third party capital including debt, tax equity, structured and/or common equity. This is a hybrid role and must be performed out of our Austin, Denver, or San Francisco office. What you’ll do
Core Responsibilities Financial Modelling: For each individual asset portfolio, creating, developing and maintaining appropriate and robust financial models capable of: o calculating returns and valuations for investments; o sizing debt, calculating ratios and running sensitivities for different scenarios; and o assisting in short-, medium- and long-term corporate level business planning and budgeting. Update portfolio models with actuals provided by the Finance team. Providing support in debt financing/refinancing and M&A transactions. Working with independent advisors (technical, legal, tax) and internal teams to develop in-depth knowledge of value drivers (e.g. technical, tax & accounting, Opex assumptions, and optimum capital structure). Providing good quality, timely financial modelling advice to stakeholders (debt, tax equity, partners & internal stakeholders), in a way that non-specialists can readily understand. Maintaining the monthly, semi-annual and annual cash flow models and assessing the impacts of model outputs on short- or long-term financing requirements. Supporting with Budgeting and financial planning. Supporting with Board presentations and analysis for various stakeholders. Portfolio Valuation Activities On a regular basis, review the Asset Valuation Framework and provide update recommendations on matters including: Valuation methodology, modelling assumptions setting, financial KPIs and sensitivities to report. Update on a semi-annual basis all individual asset portfolio models by: collating from other teams and/or recommending modelling assumptions in accordance with the Asset Valuation Framework; updating models with financial actuals provided by the finance team and any agreed updated modelling assumptions; delivering updated outputs, KPIs and sensitivities in accordance with the Asset Valuation Framework. Prepare valuation reports (PowerPoint / Word) in a timely manner (semi-annually). Provide ad-hoc model updates to support specific investment or divestment initiatives Create or update portfolio models for valuation and divestment purposes. Within the Investment Management Team Support the IM Portfolio Management group on investor compliance matters including modelling and presentations to lenders and other external parties (tax equity, JV partners etc.). Support the risk management & optimization of assets by performing financial analysis of proposals from other team members and providing analytical support on risk analysis / scenario planning under guidance. Provide analytical and modelling support to investment / divestment opportunities. Contribute with the wider IM team to generate new asset investment or divestment ideas (e.g., maintenance capex, operational improvement, site improvement, other commercial improvements, potential divestments or refinancing). Interaction with Other Teams Report/recommend to internal stakeholders on financial performance or valuation matters relating to the portfolio being managed. Engage with the Structured Finance Team to understand closed projects, own financial close models, share valuation modelling best practices, and support refinancing or M&A processes. Engage with other teams to ensure actual performance is analyzed and incorporated in valuation models and modelling assumptions are reviewed in accordance with the Asset Valuation Framework. Who we’re looking for
Knowledge Strong Excel skills, VBA, Power Query, Power BI (or similar data analysis tools). Ability to build financial models for project valuations and raising project level debt. Understanding the key drivers that will impact a valuation and key project finance debt sizing requirements. Good exposure and understanding of typical tax-related problems from investing outside the UK. Qualifications Engineering or business degree. Experience Proven ability to independently build financial models (including operating models), run sensitivities and question assumptions on project finance transactions. Track record of acting as the primary modeller on a debt raising transaction within a financial institution, a financial advisory or a model auditing firm. Prior IC committee experience and presenting a business case would be a plus but not required. Prior valuation experience would be a plus but not required. 3-5 years of relevant work experience. What challenges can you expect in this role? Work with multiple stakeholders in a complex matrix environment; anticipate needs and plan ahead. Support Regional Heads by detailing critical matters. Handle regular tasks professionally and respond to emergencies or critical issues. Connect with multiple stakeholders and apply learnings across the portfolio to provide strategic insight. Why you’ll make a great member of the team? Personal qualities Ability to organize workload and prioritize effectively for you and your team. Flexible approach in a fast-paced environment, maintaining composure under pressure. Attention to detail and ability to recognize and question anomalies. Keen problem solver with focus on details and solutions. Strong communication and presentation skills; ability to build bridges in a matrix environment. We offer Competitive compensation: $142,000 to $157,000 annually plus a 20% annual bonus. Health, dental, prescription, and vision care starts on day one with zero premiums for employee-only coverage. Retention bonuses Four weeks of vacation and three weeks of sick leave annually plus 11 paid holidays 401(k) plan with a 3% nonelective employer contribution. Hybrid working environment (Tuesday, Wednesday & Thursday in office, Monday and Friday remote). Monthly personal phone bill reimbursement of up to $100 and a monthly commuter benefit of up to $150. Lifestyle Savings Account and more! Why you’ll want to work with us Our company is a place where you can be yourself and grow – a place where your ideas and opinions matter. Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect. Be responsible: Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity. Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension, and other local benefits. Be inspired: Join an agile, international team across 15 countries. Our core values are Safety, Integrity, Respect, Sustainability and Drive, guiding all we do. We are an equal opportunity employer and value diversity. We do not discriminate on basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to LSbp’s recruiting process. If you would like to request an accommodation, please contact us to request accommodations.
#J-18808-Ljbffr
We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development. For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise. Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security. Lightsource bp was fully acquired by bp in 2024. As a global developer, LSbp has adopted a capital-light model designed to retain management and equity interest in projects whilst minimising capex and debt consolidation. Therefore, once developed, project funding is relying extensively on third party capital including debt, tax equity, structured and/or common equity. This is a hybrid role and must be performed out of our Austin, Denver, or San Francisco office. What you’ll do
Core Responsibilities Financial Modelling: For each individual asset portfolio, creating, developing and maintaining appropriate and robust financial models capable of: o calculating returns and valuations for investments; o sizing debt, calculating ratios and running sensitivities for different scenarios; and o assisting in short-, medium- and long-term corporate level business planning and budgeting. Update portfolio models with actuals provided by the Finance team. Providing support in debt financing/refinancing and M&A transactions. Working with independent advisors (technical, legal, tax) and internal teams to develop in-depth knowledge of value drivers (e.g. technical, tax & accounting, Opex assumptions, and optimum capital structure). Providing good quality, timely financial modelling advice to stakeholders (debt, tax equity, partners & internal stakeholders), in a way that non-specialists can readily understand. Maintaining the monthly, semi-annual and annual cash flow models and assessing the impacts of model outputs on short- or long-term financing requirements. Supporting with Budgeting and financial planning. Supporting with Board presentations and analysis for various stakeholders. Portfolio Valuation Activities On a regular basis, review the Asset Valuation Framework and provide update recommendations on matters including: Valuation methodology, modelling assumptions setting, financial KPIs and sensitivities to report. Update on a semi-annual basis all individual asset portfolio models by: collating from other teams and/or recommending modelling assumptions in accordance with the Asset Valuation Framework; updating models with financial actuals provided by the finance team and any agreed updated modelling assumptions; delivering updated outputs, KPIs and sensitivities in accordance with the Asset Valuation Framework. Prepare valuation reports (PowerPoint / Word) in a timely manner (semi-annually). Provide ad-hoc model updates to support specific investment or divestment initiatives Create or update portfolio models for valuation and divestment purposes. Within the Investment Management Team Support the IM Portfolio Management group on investor compliance matters including modelling and presentations to lenders and other external parties (tax equity, JV partners etc.). Support the risk management & optimization of assets by performing financial analysis of proposals from other team members and providing analytical support on risk analysis / scenario planning under guidance. Provide analytical and modelling support to investment / divestment opportunities. Contribute with the wider IM team to generate new asset investment or divestment ideas (e.g., maintenance capex, operational improvement, site improvement, other commercial improvements, potential divestments or refinancing). Interaction with Other Teams Report/recommend to internal stakeholders on financial performance or valuation matters relating to the portfolio being managed. Engage with the Structured Finance Team to understand closed projects, own financial close models, share valuation modelling best practices, and support refinancing or M&A processes. Engage with other teams to ensure actual performance is analyzed and incorporated in valuation models and modelling assumptions are reviewed in accordance with the Asset Valuation Framework. Who we’re looking for
Knowledge Strong Excel skills, VBA, Power Query, Power BI (or similar data analysis tools). Ability to build financial models for project valuations and raising project level debt. Understanding the key drivers that will impact a valuation and key project finance debt sizing requirements. Good exposure and understanding of typical tax-related problems from investing outside the UK. Qualifications Engineering or business degree. Experience Proven ability to independently build financial models (including operating models), run sensitivities and question assumptions on project finance transactions. Track record of acting as the primary modeller on a debt raising transaction within a financial institution, a financial advisory or a model auditing firm. Prior IC committee experience and presenting a business case would be a plus but not required. Prior valuation experience would be a plus but not required. 3-5 years of relevant work experience. What challenges can you expect in this role? Work with multiple stakeholders in a complex matrix environment; anticipate needs and plan ahead. Support Regional Heads by detailing critical matters. Handle regular tasks professionally and respond to emergencies or critical issues. Connect with multiple stakeholders and apply learnings across the portfolio to provide strategic insight. Why you’ll make a great member of the team? Personal qualities Ability to organize workload and prioritize effectively for you and your team. Flexible approach in a fast-paced environment, maintaining composure under pressure. Attention to detail and ability to recognize and question anomalies. Keen problem solver with focus on details and solutions. Strong communication and presentation skills; ability to build bridges in a matrix environment. We offer Competitive compensation: $142,000 to $157,000 annually plus a 20% annual bonus. Health, dental, prescription, and vision care starts on day one with zero premiums for employee-only coverage. Retention bonuses Four weeks of vacation and three weeks of sick leave annually plus 11 paid holidays 401(k) plan with a 3% nonelective employer contribution. Hybrid working environment (Tuesday, Wednesday & Thursday in office, Monday and Friday remote). Monthly personal phone bill reimbursement of up to $100 and a monthly commuter benefit of up to $150. Lifestyle Savings Account and more! Why you’ll want to work with us Our company is a place where you can be yourself and grow – a place where your ideas and opinions matter. Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect. Be responsible: Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity. Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension, and other local benefits. Be inspired: Join an agile, international team across 15 countries. Our core values are Safety, Integrity, Respect, Sustainability and Drive, guiding all we do. We are an equal opportunity employer and value diversity. We do not discriminate on basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to LSbp’s recruiting process. If you would like to request an accommodation, please contact us to request accommodations.
#J-18808-Ljbffr