Financial Modeling & Analysis Associate

Job Description Summary

The Modeling Associate is a member of Raymond James Renewable Energy Investment’s ("RJREI") Product Origination team responsible for supporting underwriting, forecasting, valuation, and scenario analysis across renewable energy and tax credit investment opportunities. The role will develop and maintain financial models, analyze project and transaction economics, evaluate key assumptions and sensitivities, and provide analytical support to the Product Origination, Transaction Team, and investor-facing teams throughout the investment lifecycle.

Build, maintain, and analyze financial models for renewable energy and tax credit investment opportunities, including project economics, cash flows, tax benefits, investment returns, and other key transaction metrics.

Support underwriting of prospective investments by reviewing project assumptions, revenue structures, operating expenses, capital requirements, financing terms, tax attributes, and other inputs affecting transaction economics.

Develop and maintain forecasts for project performance, investment returns, tax credit delivery, cash funding requirements, and other financial metrics used in transaction evaluation and planning.

Perform valuation analyses to assess investment economics, pricing, expected returns, and relative attractiveness of prospective opportunities.

Conduct scenario analysis and sensitivity testing to evaluate the impact of changes in key assumptions, including project performance, timing, pricing, costs, tax benefits, and transaction structure.

Review sponsor and third-party financial models for consistency, accuracy, and reasonableness and reconcile model outputs to supporting diligence materials.

Prepare clear analytical summaries, model outputs, charts, and supporting materials for Investment Committee presentations, investor materials, and internal transaction discussions.

Coordinate with Product Origination, Transaction Team, tax, accounting, legal, and other internal and external stakeholders to incorporate diligence findings and updated assumptions into financial analyses.

Assist with investor and transaction requests by producing timely financial analysis, scenario comparisons, and supporting schedules.

Maintain organized model files, assumptions, source data, and supporting documentation in accordance with RJREI processes and documentation standards.

Monitor renewable energy and tax credit market developments, pricing trends, and relevant financial or regulatory considerations that may affect underwriting assumptions and valuation.

Support ad hoc analysis, portfolio planning, forecasting, and other initiatives critical to the Product Origination team and broader RJREI platform.

Strong financial modeling and analytical skills, including proficiency in Microsoft Excel and the ability to build, review, and interpret detailed financial models.

Working knowledge of financial, accounting, tax, valuation, and investment concepts; familiarity with renewable energy or project finance concepts is preferred.

Ability to analyze financial information, identify key value drivers and risks, and translate complex model outputs into clear conclusions.

Understanding of underwriting, forecasting, valuation, scenario analysis, and sensitivity analysis techniques.

Demonstrated commitment to integrity, accountability, collaboration, intellectual curiosity, and high-quality work product.

3+ years of relevant experience in renewable energy, project finance, investment banking, accounting, valuation, corporate finance, financial analysis, or a comparable analytical role.

Demonstrated experience developing, reviewing, or overseeing complex financial models, performing valuation and forecasting analyses, and evaluating investment or project economics.

~ Experience with renewable energy infrastructure, tax credit investments, partnership structures, transfer transactions, or project finance is preferred.

~ Bachelors degree in Finance, Accounting, Economics, Business, Engineering, Mathematics, or a related quantitative discipline.

~ Advanced Microsoft Excel skills required, including experience developing and evaluating sophisticated financial models

Personal Qualities

Detail-oriented and disciplined, with a commitment to producing accurate, well-supported analysis and high-quality work product.

Bachelor’s (Required) Work Experience

Travel

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); When associates bring their best authentic selves, our organization, clients, and communities thrive.