Brief Description of Sunnova

Sunnova (NYSE: NOVA) is revolutionizing the energy industry as a leading Energy as a Service (EaaS) provider of solar, battery storage, EV charging, and other energy solutions with customers spanning the U.S. and its territories. Founded in 2012, our goal is to provide homeowners, businesses, and communities with a better energy service at a better price – making clean, renewable energy more accessible, reliable, and affordable.

At Sunnova, we believe that our success comes from the diversity and creativity of our people. Our team is made up of forward-thinkers who are passionate about changing the energy industry for the better, and we're looking for like-minded individuals to join us. We encourage our people to push beyond traditional limits and explore new horizons – because only then can we truly transform the world for the better.

If you're excited about being a part of the fastest-growing segment of the energy industry, we want you on our team!

The Treasury Manager Position

Sunnova Energy is seeking a Treasury Manager to support the company’s ongoing treasury, financing, and cash management activities. Sunnova utilizes a variety of financing structures to efficiently monetize the solar project-level cash flows and federal tax benefits through third-party investors. The focus of the Treasury Manger will be on Sunnova’s residential and commercial assets owned directly by the firm. Day-to-day activities will include allocating our assets into multiple open tax equity funds, managing constraints and investment objectives of each tax equity investor, maintaining detailed models to monitor portfolio performance, and forecasting future tax equity needs.

The Treasury Manager will work with a team of analysts to accomplish these goals. They will also interface directly with the tax equity investors for each fund. The Treasury Manager will also coordinate with other members of the Finance Team and communicate internally with Executive Leadership and other key stakeholders. This will include close interaction with colleagues working on debt financing transactions related to project assets.

The ideal candidate has a background in finance, accounting, or data analytics; is detail-oriented; has excellent analytical thinking and communication skills; can handle multiple objectives and constraints; and has an aptitude for complex financial modeling.

Treasury Manager Responsibilities

· Ongoing management of the weekly allocation of Sunnova’s project assets into various tax equity funds through a “tranching” process.

· Forecasting net cash proceeds from tax equity investments and performing an ongoing variance analysis against original estimates.

· Optimizing the tranching process by utilizing a team of analysts as well as proprietary technology solutions.

· Works closely with Finance Team members, banks and other investors, and internal and external stakeholders to achieve the objectives of each tax equity fund and related debt financing

· Provides analysis for recent trends in the tranching process as well as forecasting anticipated future changes related to tax equity portfolios.

· Maintains financial models of tax equity partnerships over 25-year investment horizon.

· Produces consistent and detailed analysis for the benefit of other Sunnova team members.

· Other duties as assigned.

Minimum Requirements

· Undergraduate degree in business administration, finance, accounting, or data analytics

· Five (5) years of relevant work experience

· Experience in financial modeling

· Highly proficient in Microsoft Excel; proficient using other business integrated systems such as Microsoft Office Word and PowerPoint

Preferred Qualifications

· Graduate degree in business administration

· Leadership roles managing analysists or other junior staff members.

· Relevant experience in finance, financial planning and analysis, or accounting

· Background with tax equity investments on the investor, sponsor, or advisor sides

· Background in statistics, data analysis, or computer programming

· Proficient in computer languages such as SQL or Python

· Proficient in data visualization tools such as Tableau

Additional Knowledge, Skills and Abilities

· Skilled in identifying problem-causes and effectively interpret results using root-cause analysis

· Ability to research, identify and solve problems independently or with minimal assistance

· Strong written and verbal communication skills; ability to interact with executive management, colleagues, and external stakeholders clearly and concisely

· Comfortable with ambiguity; ability to work well under pressure and within short time constraints of a complex, integrated business environment

· Efficient time-management, self-discipline, and ability to prioritize are essential

· Work effectively as a team player

· Think strategically to develop and adapt new processes

Working Conditions

· Open-office environment

Physical Requirements

· Ability to work at a computer workstation