Associate, Valuations (New Business Models)

Posted:
9/17/2024, 5:48:57 AM

Location(s):
New York, United States ⋅ Virginia, United States ⋅ Colorado, United States ⋅ New York, New York, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Business & Strategy

Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a Fortune 500 company that's leading the charge in the global energy revolution. With operations spanning 14 countries, AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work, you can be confident that you're joining a company that values its people just as much as its groundbreaking ideas.

AES is proudly ranked #1 globally in renewable energy sales to corporations, and with $12.7B in revenues in 2023, we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide. As the world moves towards a net-zero future, AES is committed to meeting the Paris Agreement's goals by 2050. Our innovative solutions, such as 24/7 carbon-free energy for data centers, are setting the pace for rapid, global decarbonization.

If you're ready to be part of a company that's not just adapting to change, but driving it, AES is the place for you. We're not just building a cleaner, more sustainable future - we're powering it. Apply now and energize your career with a true leader in the global energy transformation.

The Associate position will report to a Senior Manager on the New Business Models, Valuation & Investments team. The primary role of this position is to prepare investment valuations to assess new initiatives, business models, and technologies within renewable energy. The Associate will work with teams across the business to build complex financial models to evaluate project economics and assist directors/managers in the decision-making process.  Strong candidates will have experience in the valuation of renewable energy projects across technologies (primarily Solar, Wind, Energy Storage) and markets in the US as well as exposure to innovation and innovation analysis.

Must be local or willing to relocate to NYC, Louisville CO, or Arlington VA.

Key Responsibilities:

  • Identify and propose new opportunities for business development, potentially leading to innovative strategies and/or business models; Collaborate with relevant stake holders across AES to develop these innovative ideas
  • Evaluate new initiatives by researching and analyzing market data such as opportunity size, customers, competitor activities, and financing mechanisms
  • Create quantitative models to translate new market research into valuation and decision-making tools on new business initiatives for senior leadership
  • Support quality assurance on market and economic metrics going to the senior management for project development decision-making 
  • Manage the modeling process for transactions that you lead or support

Skills and Qualifications:

  • 5+ years’ experience in renewable energy project finance/valuation or finance/investment banking in the power sector required.
  • Understanding of the debt and tax equity structures utilized for financing renewable energy transactions required.
  • Experience with innovation and/or business development preferred.
  • Experience supporting and leading investment approvals preferred.
  • Strong business and financial intuition with the ability to support a high-performance organization that will deliver operational excellence and meet or exceed financial targets.
  • Excellent verbal and communication skills.
  • Extensive knowledge and capabilities to work in Microsoft Excel, Power Point, and Word.
  • Diligent, detailed oriented, and dynamic; able to self-organize priorities.
  • Fun to work with.

Education:

  • Bachelor’s or Master’s in Finance, Business, Math, or relevant work experience preferred.

AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through diversity and inclusion. Respecting all backgrounds, differences and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to sex, sexual orientation, gender, gender identity and/or expression, race, national origin, ethnicity, age, religion, marital status, physical or mental disability, pregnancy, childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee's I-9 to confirm work authorization.

The expected salary for this position, at commencement of employment, is between $100,000 and $127,500/Annual; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements such as annual bonus, in addition to a full range of medical, dental, vision, life, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if a candidate receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.