Financial Controller I - North Palm Beach, United States - NextEra Energy , Inc.

    NextEra Energy , Inc.
    NextEra Energy , Inc. North Palm Beach, United States

    1 month ago

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    Description
    Requisition ID: 79488

    NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun, and a world leader in battery storage. We provide energy-related products and services that grow our economy, protect the environment, support our communities and help customers meet their energy needs. We are leading the decarbonization of the U.S. economy with our goal to reach Real Zero carbon emissions from our operations by 2045 while improving customer affordability and reliability. Are you interested in creating a cleaner environment for future generations? Join our world-class, innovative team today.

    Position Specific Description

    NextEra Energy Resources, LLC is seeking a Financial Controller 1 to join our NEER Finance team. The individual in this role will be part of our Financing Group whose function is to provide effective, timely and actionable financial information and business analytics to support NEER's portfolio of project financings (tax equity, project debt, back leverage and other structured equity financings).

    As a Financial Controller in our Group, you will be involved in the following:

    •Collaborating with our Treasury team and other cross-functional groups to structure and onboard new project financings

    •Maintaining and analyzing various financing models for investor and internal reporting such as:

    •Tax equity investor IRR (Internal Rate of Return) tracking models, including accounting and forecasting models under HLBV or Hypothetical Liquidation of Book Value

    •Debt amortization and DSCR (Debt Service Coverage Ratio) reports

    •Supporting ad-hoc analyses and running financing scenarios for management and investors (including financing restructurings, buyouts)

    •Preparing and reviewing tax equity cash contributions and distributions, debt principal and interest payments, which involves cash management and

    •Accounting, reporting and forecasting financing activities, including cash and earnings related to financings

    •Supporting our tax department on preparation of partnership tax returns

    •Process improvements and automation initiatives to help the group scale for growth

    Ideal candidates will have a strong drive, desire to learn new things and a will to succeed and take ownership of assigned portfolio, adding value through critical thinking and strong interpersonal skills. Financial modelling experience and partnership tax experience is preferred. Master's Degree, CFA, and/or CPA is highly desired.

    Job Overview

    Employees in this role are responsible for performing key financial functions for an assigned portfolio of electric generating facilities, including internal and external reporting, budgeting and forecasting, business analytics and certain aspects of the monthly close process and treasury functions. Individuals provide effective, timely and actionable financial information and business analytics on the facilities in their portfolios including monthly, quarterly and annual reporting and analysis on the financial performance of the electric generating facilities, treasury management, as well as ad hoc reporting and analysis as required. Employees in this position apply strong analytical skills to identify and evaluate operational and business issues that impact financial performance and effectively communicate the results to various stakeholders, including business partners in other areas of finance as well as senior management and outside investors.

    Job Duties & Responsibilities
    • Prepares and analyzes monthly forecasts, including the evaluation of assumptions, to ensure effective, timely, and actionable financial information
    • Prepares timely and accurate internal and external operating reports, and other discrete reporting as required by financing and partnership agreements
    • Develops and maintains complex financial models for financings and partnerships, including due diligence support and pro forma development
    • Provides high-quality analytics and valuable variance commentary on actual and forecasted financial information
    • Prepares ad hoc financial analyses, reports and models as required (scenario/impact analysis on potential transactions and business decisions)
    • Prepares presentations for third-party lenders/investors
    • Participates in special projects such as software implementation initiatives and process improvement/Six Sigma projects
    • Performs other job-related duties as assigned
    Required Qualifications
    • Bachelor's - Accounting / Finance/ Business
    • Experience: 2+ years
    Preferred Qualifications
    • Master's - Accounting / Finance
    • Certified Public Accountant (CPA)
    • Chartered Financial Analyst (CFA)
    Employee Group: Exempt
    Employee Type: Full Time
    Job Category: Finance, Accounting & Business Analytics
    Organization: NextEra Energy Resources, LLC
    Relocation Provided: No

    NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

    NextEra Energy and provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call Please do not use this line to inquire about your application status.

    NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.

    NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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