Lightsource bp Powered By Hassan Allam
Manager, Financial Modeling & Portfolio Valuation
Lightsource bp Powered By Hassan Allam, Austin, Texas, us, 78716
Join to apply for the
Manager, Financial Modeling & Portfolio Valuation
role at
Lightsource bp Powered By Hassan Allam
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.
Core Responsibilities Financial Modelling
For each individual asset portfolio, creating, developing and maintaining appropriate and robust financial models capable of calculating returns and valuations for investments.
Sizing debt, calculating ratios and running sensitivities for different scenarios, and assisting in short‑, medium‑ and long‑term corporate‑level business planning and budgeting.
Updating portfolio models with actuals provided by the Finance team.
Providing support in debt financing/re‑financing 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.
Preparing valuation reports (PowerPoint / Word) in a timely manner (expected to be semi‑annually).
Providing ad‑hoc model updates to support specific investment or divestment initiatives undertaken by the IM team or the wider group.
Creating or updating portfolio models for valuation and divestment purposes.
Within the Investment Management Team
Supporting the IM Portfolio Management group on investor compliance matters including but not limited to modelling and presentations to lenders and other external parties (tax equity, JV partners, etc.).
Supporting the risk management & optimisation of assets by performing financial analysis of proposals from other members of the team (e.g. Commercial Investment Director) or other LSbp teams (e.g. power marketing).
Providing analytical support on risk analysis / scenario planning under the guidance of other members of the team.
Providing analytical and modelling support to investment / divestment opportunities.
Contributing, with the wider IM team and other cross‑functional and local teams, to the generation of new asset investment or divestment ideas, which may be discussed, analysed, and eventually implemented.
Such Ideas To Cover
Maintenance capex
Operational improvement
Site improvement (e.g. extension, new battery, etc.)
Other commercial improvements (e.g. amendment to commercial contracts)
Potential assets candidates for divestments or refinancing
Interaction with Other Teams
Reporting/recommending (where applicable) to internal stakeholders (e.g. Regional CFO, Regional Head of Asset Management, LSbp executive committee, etc.) on financial performance or valuation matters relating to the portfolio being managed.
Day‑to‑day engagement with the Structured Finance Team, including but not limited to: seeking full understanding of closed projects; taking ownership of financial close models with a view to creating a fit‑for‑purpose valuation model; ensuring valuation models share best practice with the structured finance modelling team; supporting refinancing or M&A processes led by the Structured Finance Team.
Day‑to‑day engagement with other teams, ensuring that actual performance (prepared by the Finance team) is analysed and incorporated in the valuation models on a regular basis; ensuring modelling assumptions have been collated and/or reviewed with other teams (e.g. Asset Management, local development, tax, etc.) in accordance with the Asset Valuation Framework; ad‑hoc interaction in relation to valuation of potential investments / disposals.
Who We’re Looking For Knowledge
Strong Excel skills, VBA, Power Query, Power BI (or similar data analysis tools) are a must.
Able to build financial models for project valuations and raising project‑level debt.
Understanding the key drivers that will impact a valuation.
Understanding key project finance debt sizing requirements.
Good exposure and understanding of typical tax‑related problems that can arise from investing in businesses 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 modeler on a debt‑raising transaction within a financial institution, a financial advisory or a model‑auditing firm.
Prior experience in taking a project through an IC committee, including building models which present the business case for investing in a project (a plus, but not required).
Prior valuation experience would be a plus but is not necessarily required.
3‑5 years of relevant work experience.
What challenges can you expect in this role?
Dealing with multiple stakeholders across a complex matrix environment, often without all the pieces of the puzzle at any one time, while thinking two or three steps ahead.
Supporting Regional Heads by going into the details and “distilling” critical matters.
Handling regular tasks in a consistent, predictable and professional manner while being able to step up on emergencies or critical issues.
Connecting with multiple stakeholders and thinking globally – e.g. leveraging best practices or learning from one area into the wider portfolio; providing strategic portfolio or regional insight from a detailed understanding of specific assets.
Why you’ll make a great member of the team? Personal qualities
Ability to organise workload and prioritise to maximum effect for both you and your team.
Flexible approach in a fast‑paced business constantly changing, keeping a clear head under pressure.
Excellent attention to detail when checking information with an ability to recognize and question anomalies.
Keen problem solver who can focus on appropriate details when solving problems and propose effective solutions.
In addition to the modelling focus, communication and presentation skills are a must; the role will involve building bridges and a strong connection with other teams 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 for US team members starts on your first day of employment 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 everyone 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 working across 15 countries to power the future and positively impact people, communities, ecosystems and biodiversity worldwide. Our core values: Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low‑carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to LSbp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.
#J-18808-Ljbffr
Manager, Financial Modeling & Portfolio Valuation
role at
Lightsource bp Powered By Hassan Allam
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.
Core Responsibilities Financial Modelling
For each individual asset portfolio, creating, developing and maintaining appropriate and robust financial models capable of calculating returns and valuations for investments.
Sizing debt, calculating ratios and running sensitivities for different scenarios, and assisting in short‑, medium‑ and long‑term corporate‑level business planning and budgeting.
Updating portfolio models with actuals provided by the Finance team.
Providing support in debt financing/re‑financing 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.
Preparing valuation reports (PowerPoint / Word) in a timely manner (expected to be semi‑annually).
Providing ad‑hoc model updates to support specific investment or divestment initiatives undertaken by the IM team or the wider group.
Creating or updating portfolio models for valuation and divestment purposes.
Within the Investment Management Team
Supporting the IM Portfolio Management group on investor compliance matters including but not limited to modelling and presentations to lenders and other external parties (tax equity, JV partners, etc.).
Supporting the risk management & optimisation of assets by performing financial analysis of proposals from other members of the team (e.g. Commercial Investment Director) or other LSbp teams (e.g. power marketing).
Providing analytical support on risk analysis / scenario planning under the guidance of other members of the team.
Providing analytical and modelling support to investment / divestment opportunities.
Contributing, with the wider IM team and other cross‑functional and local teams, to the generation of new asset investment or divestment ideas, which may be discussed, analysed, and eventually implemented.
Such Ideas To Cover
Maintenance capex
Operational improvement
Site improvement (e.g. extension, new battery, etc.)
Other commercial improvements (e.g. amendment to commercial contracts)
Potential assets candidates for divestments or refinancing
Interaction with Other Teams
Reporting/recommending (where applicable) to internal stakeholders (e.g. Regional CFO, Regional Head of Asset Management, LSbp executive committee, etc.) on financial performance or valuation matters relating to the portfolio being managed.
Day‑to‑day engagement with the Structured Finance Team, including but not limited to: seeking full understanding of closed projects; taking ownership of financial close models with a view to creating a fit‑for‑purpose valuation model; ensuring valuation models share best practice with the structured finance modelling team; supporting refinancing or M&A processes led by the Structured Finance Team.
Day‑to‑day engagement with other teams, ensuring that actual performance (prepared by the Finance team) is analysed and incorporated in the valuation models on a regular basis; ensuring modelling assumptions have been collated and/or reviewed with other teams (e.g. Asset Management, local development, tax, etc.) in accordance with the Asset Valuation Framework; ad‑hoc interaction in relation to valuation of potential investments / disposals.
Who We’re Looking For Knowledge
Strong Excel skills, VBA, Power Query, Power BI (or similar data analysis tools) are a must.
Able to build financial models for project valuations and raising project‑level debt.
Understanding the key drivers that will impact a valuation.
Understanding key project finance debt sizing requirements.
Good exposure and understanding of typical tax‑related problems that can arise from investing in businesses 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 modeler on a debt‑raising transaction within a financial institution, a financial advisory or a model‑auditing firm.
Prior experience in taking a project through an IC committee, including building models which present the business case for investing in a project (a plus, but not required).
Prior valuation experience would be a plus but is not necessarily required.
3‑5 years of relevant work experience.
What challenges can you expect in this role?
Dealing with multiple stakeholders across a complex matrix environment, often without all the pieces of the puzzle at any one time, while thinking two or three steps ahead.
Supporting Regional Heads by going into the details and “distilling” critical matters.
Handling regular tasks in a consistent, predictable and professional manner while being able to step up on emergencies or critical issues.
Connecting with multiple stakeholders and thinking globally – e.g. leveraging best practices or learning from one area into the wider portfolio; providing strategic portfolio or regional insight from a detailed understanding of specific assets.
Why you’ll make a great member of the team? Personal qualities
Ability to organise workload and prioritise to maximum effect for both you and your team.
Flexible approach in a fast‑paced business constantly changing, keeping a clear head under pressure.
Excellent attention to detail when checking information with an ability to recognize and question anomalies.
Keen problem solver who can focus on appropriate details when solving problems and propose effective solutions.
In addition to the modelling focus, communication and presentation skills are a must; the role will involve building bridges and a strong connection with other teams 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 for US team members starts on your first day of employment 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 everyone 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 working across 15 countries to power the future and positively impact people, communities, ecosystems and biodiversity worldwide. Our core values: Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low‑carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to LSbp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.
#J-18808-Ljbffr