Senior Manager, Investment Management - Austin, TX

Senior Manager, Investment Management

Lightsource bp | Denver, CO or Austin, TX | Hybrid Department: Finance | Reports to: Head of Regional Finance, US

Lightsource bp is a global leader in onshore renewable energy development, delivering large-scale solar and energy storage solutions that power the energy transition. For over a decade, we've been diversifying the way the world is powered through responsible, sustainable renewable energy. Fully acquired by bp in 2024, Lightsource bp operates under a capital-light investment model retaining management and equity interest in projects while leveraging third-party capital, including debt, tax equity, and structured equity financing, to fund our growing portfolio. Our people and projects are focused on long-term sustainable growth, energy security, and a cleaner future.

The Opportunity

Lightsource bp is seeking a Senior Manager, Investment Management to join our U.S. Finance team, based in Denver or Austin. The Investment Management (IM) team serves as the primary interface between Lightsource bp and its capital partners from the close of financing transactions through ongoing day-to-day relationship management, reporting, and commercial interaction until potential full exit. In this role, you will provide critical financial modelling and analytical support across our U.S. renewable energy portfolio, working closely with Structured Finance, Asset Management, Finance, Power Marketing, Legal, and Engineering teams to drive portfolio performance and long-term value.

What You'll Do

• Build, develop, and maintain robust financial models for individual asset portfolios, including return and valuation calculations, debt sizing, ratio analysis, and scenario sensitivities
• Update portfolio models with actuals and maintain monthly, semi-annual, and annual cash flow models
• Provide support on debt financing, refinancing, and M&A transactions
• Work with independent advisors (technical, legal, tax) and internal teams to develop deep knowledge of asset value drivers
• Deliver clear, high-quality financial modelling advice to both specialist and non-specialist stakeholders
• Support budgeting, financial planning, and Board presentations
• Regularly review and update the Asset Valuation Framework, including valuation methodology, modelling assumptions, and financial KPIs
• Update asset portfolio models on a semi-annual basis with financial actuals and agreed assumptions, delivering outputs in line with the Asset Valuation Framework
• Prepare timely valuation reports and provide model updates to support investment and divestment initiatives
• Support IM Portfolio Managers on investor and lender compliance matters, including modelling and presentations for tax equity investors, JV partners, and lenders
• Manage covenant reporting, waiver and approval requests, debt service payments, sponsor distributions, and credit support facilities such as Letters of Credit
• Contribute ideas for new investment or divestment opportunities, including maintenance capex, operational improvements, and commercial contract enhancements

What to Expect in This Role

This is a high-impact role in a complex, multi-stakeholder environment. You'll be expected to think several steps ahead, distill critical matters for senior leadership, and balance regular deliverables with the ability to step up on time-sensitive or high-priority issues. You'll work across teams globally, leveraging best practices and contributing to Lightsource bp's continued growth in the U.S. renewable energy market.

Why You'll Want to Work With Us

• Be You
• We're an inclusive workplace where every individual is valued, respected, and empowered to bring their authentic self to work.
• Be Responsible
• Our culture is driven by our core values Safety, Integrity, Respect, Sustainability, and Drive and a commitment to responsible renewable development.
• Be Recognized
• We offer a competitive compensation and benefits package including:
• Competitive base salary 160k to 180k, plus 20% annual bonus
• Health, dental, vision, and prescription coverage from day one with zero premiums for employee-only coverage
• Four weeks vacation, three weeks sick leave, and 11 paid holidays
• 401(k) with 3% nonelective employer contribution
• Retention bonuses
• Hybrid work schedule (TuesdayThursday in office; Monday & Friday remote)
• Monthly phone reimbursement up to $100
• Commuter benefit up to $150 per month
• Lifestyle Savings Account and additional wellness benefits

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