Finance Manager at TransGrid Energy in Irvine

Job description

• Application
• The Finance Manager reports to the Finance Director and is responsible for managing the day-to-day operations of the newly established Finance/Treasury department to support the company’s growth. The ideal candidate is a self-starter who is comfortable operating with ambiguity and limited precedent, enjoys designing and improving processes from the ground up, and is willing to move between hands-on execution and process design as the department scales. This role will support a debt portfolio in non-recourse Project Financing loans and cash management for more than +100 bank accounts and 30+ legal entities. The Finance Manager will manage Project Financing closings, Term conversions, and the establishment of sophisticated monitoring processes for Tax Equity Partnerships and dividend distributions.

Responsibilities

• Execute PF Closings and Term Loan conversions.
• Manage the service in non-recourse PF debt (e.g. - Tax Equity Bridge Loan and Construction Loan), ensuring all principal and interest payments are executed accurately.
• Prepare and review PF covenant reporting to ensure strict adherence to lender requirements.
• Manage daily cash operations and the +100 bank accounts, including dozens of restricted reserve accounts required by non-recourse PF agreements.
• Support and enhance cash positioning and cash forecasting processes and reporting.
• Support the process for calculating quarterly distributable cash and monitoring partnership shortfalls to initiate margin calls according to the agreements.
• Support the management of interest rate swaps and hedging strategies to protect project cash flows from market volatility.
• Assist in developing and implementing financial policies and internal controls specific to treasury and project finance operations.

Requirements

• Bachelor’s degree in accounting, finance, or related field.
• 6+ years of progressive experience in project finance, treasury, or corporate finance, with a focus on utility-scale energy projects.
• Hands-on experience with PF debt and waterfall structures.
• Proven ability to manage high-volume financial transactions and multi-account structures.
• Advanced proficiency with Excel and financial modeling for debt service and dividend distributions.
• Strong communication skills with the ability to work cross-functionally and build relationships with internal and external stakeholders.
• Experience in renewable energy and/or project finance preferred.
• Experience using SAP, banking portals and Treasury Management Systems.
• Demonstrated experience in improving financial processes and reporting structures.
• Bilingual proficiency in Korean and English a plus.
• CPA or CFA a plus.

Skills

Required

• Advanced proficiency with Excel
• Strong communication skills
• Ability to work cross-functionally

Preferred

• Experience using SAP
• Banking portals
• Treasury Management Systems
• CPA or CFA

Benefits

• $155K – $160K • Offers Bonus • 15%
• Compensation varies based on location in alignment with our geo based pay structure