Enel Spa

Who We Are:

Enel is a globally recognized leader in sustainable energy and is consistently named one of Fortune Magazine’s “Companies that are Changing the World.” It is also one of the largest and most trusted energy companies in the world, serving around 70 million customers in more than 30 countries across 5 continents. The Enel Group vision is about Open Power. Open Power means opening energy access to more people; opening the world of energy to new technologies; opening new ways for people to manage energy; opening new uses of energy; and opening more partnerships. These are ambitious goals and we are pursuing them with the passion of more than 65,000 people whose brilliant work is based on our values of Responsibility, Innovation, Trust and Proactivity. At Enel North America, our businesses are leading the energy transition, creating the sustainable energy solutions of the future to help individuals, businesses and communities change energy into lasting value.

The Opportunity:

The Finance Manager – Asset Management is responsible for leading all financial, commercial, and compliance activities related to EGPNA’s renewable energy portfolio, with a primary focus on managing relationships and reporting obligations with tax equity investors, cash equity partners, and other partnership stakeholders. This role ensures accurate financial performance tracking, optimization of value, and adherence to all partnership and financing agreements.

The Finance Manager will be responsible for cash distribution calculations, PayGo calculations, tracking model updates (including flip-date monitoring), buyout valuations and negotiations, and the coordination of investor consents. Essential a deep understanding of partnership structures, tax equity arrangements, and complex financial agreements.

This position interfaces regularly with external capital partners and acts as a key point of contact for all commercial and financial matters related to operating assets.

What You'll Do at Enel North America:

Responsibilities, include, but not limited to:

Investor & Partnership Management

• Serve as the primary point of contact for tax equity investors, and cash equity partners, fostering strong and effective working relationships.
• Lead the preparation and delivery of all required investor reporting, including monthly and quarterly reporting packages covering cash distributions, financials, operational KPIs, compliance certifications, environmental and safety metrics, and other reporting obligations under LLCAs and financing agreements.
• Coordinate and manage the investor consent process for amendments, waivers, or material project actions as required under the governing agreements.

Financial Performance & Compliance

• Maintain and update tracking models (cash distribution waterfalls, PayGo, flip-date projections, capital account schedules) and proactively communicate required actions to internal stakeholders and investors.
• Update and analyze financial forecasts, including flip-date modeling and sensitivities, to identify risk areas and value-enhancement opportunities.
• Support and lead buyout processes with tax equity partners, including: FMV assessments, Financial modelling and valuation, commercial negotiation support
• Contribute to M&A initiatives, including due diligence, contract analysis, and shared facility/build-out agreement reviews.

Internal Leadership & Collaboration

• Coordinate with cross-functional teams (O&M, ECM, BD, Legal, and other staff function etc.) to ensure optimal project performance and compliance.
• Develop and implement best practices and standardized processes across the asset management portfolio.
• Mentor junior team members and support training on financial structures, partnership mechanics, and tax equity concepts.

Who You Are & What You’ve Accomplished:

• 5+ years of experience in renewable energy, project finance, asset management, partnership compliance, tax equity or related fields.
• Bachelor’s degree in accounting, Finance, Economics, or related discipline; MBA or advanced degree preferred.
• Demonstrated experience with tax equity structures, project finance transactions, LLCAs, financing documents, and complex partnership agreements.
• Strong ability to explain complex financial and tax equity concepts to internal stakeholders.
• Experience with presenting complex business topics to top management to support or drive decision making
• Experience with financial modelling, including pro forma development, forecasting, and valuation.
• Excellent relationship-management skills, with the ability to build consensus among diverse teams and partners.
• Strong analytical abilities and attention to detail in managing commercial and financial obligations.
• HLBV accounting experience a plus

Diversity, Equity & Inclusion:

Enel North America is dedicated to providing equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information. We will not discriminate, in any employment decision, against any individual or group on the basis of race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information, or veterans/national guard/military reserve status. This shall be done in compliance with all applicable federal, state, and local laws in every location in which Enel North America has facilities. Enel North America maintains a drug-free workplace and performs pre-employment substance abuse testing and background checks, where permitted by law. Accessibility – If you require accessibility assistance applying for open positions please contact EnelApplication@enel.com.

What Enel North America Offers You:

The pay range for this position is $112,800 to $157,200 per year. The base pay actually offered will be based on several factors, including job-related knowledge, skills, work experience, education, and internal equity. At Enel, base pay is one part of your total compensation package. Please see below for additional information on Enel North America rewards.

Enel North America offers its regular full-time employees affordable, quality healthcare for you and your family, life insurance and disability benefits to provide security, and retirement benefits to help you plan for your financial future. In addition, we offer an array of other benefits such as flexible spending accounts, tuition reimbursement and professional development allowance.

• Benefits are effective as of day one!

• Some additional perks to working with Enel North America include:

o 401k with match fully vested as of day one. Enel North America matches 100% of the first 4% that you contribute up to set IRS limits.

o Generous PTO that supports work/life balance including: 4 weeks annually of vacation as well as personal days, volunteer days, your birthday off, paid holidays, and sick time. Proration may apply during first year of employment.

o Paid leave programs

o The opportunity to grow and develop your career with the support and mentorship of senior leaders.

o The opportunity to work for one of the world’s most recognizable and respected brands in the energy industry that believes by working together we can create a new energy era in which the world can become more sustainable.

• An employee’s eligibility for these benefits shall be subject to the governing documents for such plans and programs and/or company policy.  The benefits described above may be modified or eliminated with or without notice in accordance with the governing documents and applicable law.

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