Job description
Description
We are seeking a talented and highly motivated Manager to join Nautilus Solar's Capital Markets team.
The Capital Markets team leads capital origination and financing execution for Nautilus' portfolio including construction and term debt as well as tax equity. The Manager will take a leading role in owning funding workstreams while helping mentor the team's Associates.
This position is ideal for finance professionals inspired by the opportunity to deepen their experience in renewable energy transactions, financial modeling, and capital provider management in a fast-paced, entrepreneurial environment. The Manager will work directly with Nautilus' key external partners, including tax equity investors, lenders, and third-party consultants. They will also work directly with multiple teams at Nautilus including Construction, Acquisitions & Delivery, FP&A and Nautilus leadership.
The position is a fully remote opportunity with occasional travel.
Responsibilities
Project Financing
- Manage the full lifecycle of capital funding activities, from initial strategy through closing and post-close compliance.
- Lead due diligence and closing processes, organizing and presenting project data to financing partners and tracking conditions precedent through closing.
- Develop and manage detailed funding timelines, aligning internal stakeholders and external partners to ensure timely execution.
- Coordinate cross-functional teams (legal, tax, accounting, development) to support financing milestones.
- Assist team in structuring and negotiating project financing agreements, including tax equity, construction debt, and term debt facilities.
- Serve as the day-to-day point of contact with tax equity investors, lenders, outside counsel, and other financing counterparties for project funding activities, resolving open items and escalating issues that could impact funding timing.
- Identify potential funding risks early and develop mitigation plans, including coordinating waivers, consents, amendments, or alternative solutions when contractual conditions cannot be satisfied as originally contemplated.
Financial Analysis and Modeling
- Build and maintain complex financial models, including project finance models, DCF analysis, and valuation assessments
- Develop financial models and marketing materials for debt and tax equity origination efforts, weigh the pros and cons of various structures and term sheets, and support term negotiations
Collaboration and Communication
- Cross-Functional Collaboration: Work closely with engineering, finance, and legal teams to ensure cohesive project development.
- Stakeholder Communication: Provide regular updates to internal and external stakeholders on project status and developments.
Requirements
Education
- Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field.
- A Master's degree or relevant professional certification (e.g., CFA, CPA) is a plus.
Experience
- 5-8 years of experience in project finance, investment banking, corporate finance, or a related field. Experience in the renewable energy sector is highly desirable.
- Proven experience in project finance of infrastructure or energy projects, ideally utilizing the Solar Investment Tax Credit.
Technical Skills
- Proficiency in financial modeling software (e.g., Excel) and financial analysis tools.
- Strong understanding of project finance concepts, including debt, equity, and tax equity structures.
- Knowledge of renewable energy financing mechanisms, such as power purchase agreements (PPAs) and tax credits.
Analytical and Problem-Solving Skills
- Strong problem-solving skills and the ability to think strategically and critically.
- Excellent project management skills with the ability to manage complex processes in an efficient manner.
- Excellent analytical skills with the ability to interpret complex financial data and provide actionable insights.
Communication and Interpersonal Skills
- Exceptional written and verbal communication skills, with the ability to present complex information clearly and concisely.
- Strong interpersonal skills and the ability to build and maintain relationships with internal and external stakeholders.
- Unrestricted authorization to work in the U.S.
Benefits
Compensation
- Competitive Salary $155,000-$165,000
- Annual Performance Bonus
- Benefits (Health, Vision, Dental, Basic Life Insurance, Short-Term Disability, and Long-Term Disability) are 100% covered by Nautilus
- 401(k) offered with employer match
Pay & benefits
About this role
About Nautilus Solar Energy
Company Overview
Nautilus Solar Energy, a private subsidiary of Power Sustainable, a wholly owned subsidiary of Power Corporation of Canada
Summit, New Jersey, United States
2006
Approximately 110 employees (source: growjo.com). Revenue estimates vary, with no public figures disclosed for 2023 or later due to its private status.
What They Do
Nautilus Solar Energy focuses exclusively on solar technology, specializing in community solar farms and distributed generation projects. Unlike many competitors, they do not engage in wind, storage, hydrogen, or grid-scale utilities, allowing them to concentrate their expertise on solar solutions (source: nautilussolar.com). The company offers comprehensive services that include project acquisition, development, financing, construction, long-term ownership, operation, maintenance, and customer subscription management under power purchase agreements (PPAs). This model eliminates upfront costs for customers while enabling Nautilus to monetize incentives such as tax credits and renewable energy certificates (source: growjo.com). Their target markets encompass residential and commercial customers, including households, businesses, hospitals, housing authorities, community colleges, and regulated utilities, particularly within community solar programs across 12 states (source: nautilussolar.com).
Projects & Track Record
Nautilus Solar Energy has a notable track record of completed projects, including a 2.9 MW solar installation for William Patterson University in 2009, which was recognized as the largest solar project for a U.S. university at that time (source: nautilussolar.com). Additionally, they acquired a 31.5 MW portfolio of community solar and commercial-industrial projects across seven states, operational between 2016 and 2019, serving a diverse clientele that includes hospitals, housing authorities, and residential customers (source: powersustainable.com). By the end of 2024, Nautilus reached a total operating capacity of 477 MW across 146 projects in 12 states, having added 149 MW that year alone and producing 446 million kWh of energy (source: nautilussolar.com). Their development track record exceeds 800 MW across North America since inception, showcasing their significant impact in the renewable energy sector.
Recent Developments
In recent years, Nautilus Solar Energy has made significant strides, including the announcement on March 11, 2025, of their 2024 achievements, which included adding 149 MW to their operating capacity and serving over 40,000 subscribers who collectively saved more than $3.7 million while offsetting 300,000 metric tons of CO2 (source: nautilussolar.com). On August 14, 2024, they extended a partnership with EnergyMark, increasing their collaboration from 17 MW to 24 MW across 10 projects in New York’s National Grid area (source: nautilussolar.com). The company also reacquired a 31.5 MW portfolio from Virgo, reinforcing their ownership strategy and marking their 15th anniversary in December 2021 with over 800 MW developed (source: powersustainable.com). While no major mergers or funding rounds have been reported since their 2019 acquisition, their 2024 metrics highlight milestones such as 146 operational projects, showcasing their ongoing growth and commitment to community solar.
Working There
Nautilus Solar Energy employs around 110-120 people, with roles spanning various departments including development, construction, finance, operations, and partner development. Key personnel include VP Structuring and Development Laura York, Community Solar Business Development Manager Daniel Bozer, and CEO Jeffrey Cheng, among others (source: growjo.com). Hiring occurs primarily at their headquarters in Summit, New Jersey, and their office in York, Maine, with a national staff supporting projects across 12 states. The company has experienced a 10% growth in employee numbers recently, reflecting its expanding operations (source: vetlife.navicoresolutions.org). Nautilus fosters a company culture that emphasizes a passionate and expert staff, mission-driven leadership, and a workplace where employees are eager to contribute, which has been a priority since the company's inception (source: nautilussolar.com). Specific employee benefits are not publicly documented in available sources.