Chief Financial Officer Date Posted: 3 October 2024 Location: Denver, Colorado or Toronto, Onta[...] - Pureskyenergy : Job Details

Are you ready to shape the future of sustainable energy? PureSky Energy is uniting communities for a sustainable future, we lead the charge in providing renewable energy solutions that invigorate progress, enhance lives, and leave a legacy of environmental stewardship.

PureSky Energy (“PSE”) is a leading renewable energy company committed to driving the transition to clean and sustainable energy solutions. We specialize in developing, constructing, and operating renewable energy projects across the United States. With a focus on innovation and a dedication to environmental stewardship, we are at the forefront of the renewable energy revolution.

Our core values include each of the following which we live and breathe daily:Respect|The planet, our communities and each other.Integrity|Accountability in doing the right thing.Sustainability|Ethically carving new paths towards a better future.Energized| The industry and our team have an exciting runway for growth, and we are just getting started.

Overview:

PureSky US Services LLC (“PureSky”) is a leading solar development company in the United States, committed to driving the transition to clean and renewable energy solutions. With a strong focus on sustainability and environmental responsibility, we are dedicated to developing, constructing, and operating solar projects that contribute to a greener future. As we continue to expand our footprint in the renewable energy industry, we are seeking a highly skilled and experienced Chief Financial Officer (CFO) to join our leadership team.

Key Responsibilities:

As the CFO of PureSky, you will play a pivotal role in shaping financial strategy, refinancing active portfolios, structuring tax equity and dept products, managing banking relationships and driving the overall financial health of the organization. You will work closely with the Company's board of directors and other senior executives to ensure the sustainable growth of the company while maintaining financial stability. Your responsibilities will include, but are not limited to:

Financial Strategy and Planning:

• Develop and execute comprehensive financial strategies aligned with the company's goals and objectives.
• Oversee financial planning, budgeting, and forecasting processes to optimize financial performance and resource allocation.
• Identify potential financial risks and opportunities, providing recommendations to mitigate risks and capitalize on opportunities.
• Setup efficient cash flow forecasting and planning to accurately reflect the upcoming capital needs.

Financial Reporting and Analysis:

• Organize and oversee the preparation of accurate and timely financial reports, including monthly, quarterly, and annual statements, for internal and external stakeholders.
• Conduct financial analysis, interpret data, and provide insights to guide strategic decision-making and resource allocation.
• Ensure compliance with all relevant accounting standards, regulations, and tax requirements.
• Engage auditors and compliance counterparties to meet PureSky's reporting requirements.
• Work with the tax, accounting and treasury teams to ensure compliance in all of PureSky's financing agreements, including tax equity partnerships and lending facilities.
• Arrange for annual FMV reports to be delivered twice per year, once in December then again in June.

Funding and Capital Management:

• Collaborate with the executive team to identify funding needs and opportunities for raising capital to support the company's growth initiatives.
• Engage with investors, financial institutions, and other stakeholders to negotiate and structure financial agreements and investments.
• Optimize capital structure and oversee cash flow management to ensure efficient use of resources.
• Establish and implement robust risk management processes to safeguard the company's assets and financial integrity.
• Monitor and assess financial risks, including market fluctuations, interest rate exposure, and currency risks, and develop strategies to mitigate these risks.
• Sit on investment committee to contribute in making decisions related to company investments.
• Manage and mentor the finance team, fostering a culture of excellence, accountability, and continuous improvement.
• Promote professional development opportunities and ensure the team remains updated on industry best practices and regulatory changes.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or advanced degree preferred.
• CPA (Certified Public Accountant) or relevant professional certification is highly desirable.
• Proven experience as a CFO or senior finance executive in the renewable energy industry, preferably with a solar developer or a similar organization.
• Strong financial modeling and analytical skills, with the ability to interpret complex financial data and trends.
• Demonstrated success in financial strategy development and execution, including capital raising and financial planning.
• In-depth knowledge of relevant accounting principles, tax regulations, and financial reporting standards including both IFRS and US GAAP.
• Existing relationships with effective audit firms who understand tax equity partnerships is a benefit.
• Excellent leadership, communication, and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external stakeholders.
• Commitment to environmental sustainability and passion for contributing to the renewable energy sector.
• Strong understanding of the solar industry and federal tax credits is a strong plus.

Annual Salary $240,000 - $260,000 USDBonus Opportunity: 50 % of annual salary

• Medical, Dental and Vision Benefits, including generous company provided premium support
• Paid Vacation Time – 3 weeks to start
• $100 per month pre-tax wellness benefit

Equal Opportunity Employer:

At PureSky Energy, we know that fostering an inclusive workplace, which values diversity, inclusion, and belonging is paramount to our success. To fulfill our mission, we need people who come from all backgrounds and walks of life, who bring diverse perspectives with wide-ranging experiences, and who share in our common passion to drive innovation and change the global energy landscape.

PureSky Energy proudly embraces the principles of equal opportunity and inclusion. We are committed to providing opportunities for all employees and candidates. We ensure that all qualified applicants are considered for employment without regard to race, creed, color, religion, gender, gender identity, gender expression, age, sexual orientation, national origin, marital status, parental, pregnancy, citizenship status, veteran status, disability, or any other protected status protected by applicable law.

PureSky Energy is committed to making our application and interview process accessible to everyone, and we encourage applications from people with disabilities. If you require reasonable accommodation at any stage, please contact us at [email protected]. In your application, we welcome you to specify your preferred pronouns (e.g. she/her/hers, he/him/his, they/them/theirs, etc.).

Join us in our mission in uniting communities for a sustainable future. We lead the charge in providing renewable energy solutions that invigorate progress, enhance lives, and will leave a legacy of environmental stewardship. Together, we can create a cleaner, brighter future for generations to come.

Applications will be assessed as received and the position filled once a suitable candidate has been identified. We thank all applicants for their interest; however, only candidates selected for interview will be contacted.

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