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Corporate Finance Associate

Hydrostor

Hydrostor

Accounting & Finance
Toronto, ON, Canada
Posted on Monday, June 17, 2024

Title: Associate, Corporate Finance

Location: Toronto, ON – Hybrid (3+ days/week in office)

Job Type: Full-Time

Join the Clean Energy Revolution!

Are you ready to shape the future of sustainable energy? Hydrostor, a pioneer in Advanced Compressed Air Energy Storage (A-CAES) systems, is seeking a Corporate Finance Associate to join our team in Toronto. We’re enabling the energy transition to a cleaner, more reliable electricity grid, and invite you to be at the forefront of this groundbreaking journey.

Why Hydrostor?

Our cutting-edge A-CAES technology is uniquely positioned to revolutionize the energy landscape. Join us as we lead the way in shaping a greener, more sustainable future.

Your Mission:

As a Corporate Finance Associate at Hydrostor, you will be supporting the Corporate Finance Director and play a crucial role in contributing to the company's financial success. Your primary responsibilities will include involvement in project financing, capital raises, and mergers and acquisitions activities. Reporting directly to the Corporate Finance Director, your work will directly impact the organization's financial performance. This position operates on an international level, supporting our operations in Canada, the US, and Australia.

Your Day-to-Day Adventures

Due Diligence Work Streams:

  • Coordinate the flow of information between internal teams and external parties
  • Ensure timely responses to investors, financiers, and consultants
  • Manage virtual data rooms (VDRs)
  • Assist in the analysis and preparation of pitching materials and reports related to capital raises and mergers and acquisitions
  • Review insurance, technical, market, and financial materials
  • Take necessary actions and conduct regular check-ins following meetings

Financial Modeling:

  • Develop and maintain financial models to support financings and valuations

Financial Reporting:

  • Assist in the financial reporting process, including preparing materials for management and the Board of Directors
  • Monitor and report on financing agreements
  • Work closely with the FP&A Manager

Industry Analysis:

  • Develop a solid understanding of the energy industry and energy storage markets to create relevant benchmarks and analyses

International Operations:

  • Support operations across Canada, the US, and Australia, ensuring alignment with corporate objectives

Who You Are:

We are seeking a collaborative team player who excels in building cross-functional relationships and has a meticulous eye for detail. The ideal candidate is proactive and adaptable, capable of earning the respect and confidence of both colleagues and external stakeholders. You should be driven to follow up on outstanding information or actions and thrive in a fast-paced, entrepreneurial environment. Flexibility and a willingness to put in extra effort to meet project deadlines are essential for success in this role.

What You Bring

  • 2 to 4 years of experience in a similar role within the energy or finance market
  • Undergraduate degree in Economics, Finance, or a related field
  • Possession of a CFA or other advanced financial designation would be an asset
  • Strong proficiency in creating financial models and cash flows
  • Strong quantitative aptitude with an extremely high attention to detail
  • Effective communication skills, both verbal and written
  • Ability to interact effectively with internal and external stakeholders and counterparties
  • Flexibility to handle multiple tasks to meet project timelines
  • Finance acumen and an understanding of investments, valuation, and basic tax concepts
  • Experience in deal execution and loan monitoring (covenants, financial reporting)

To Apply:

To apply for this position, submit your resume by clicking “Easy Apply”.

We thank all applicants for their interest, however, only those selected to move forward in the interview process will be contacted.

For more information on Hydrostor and the exciting journey we’re on visit our website at www.hydrostor.ca

Equal Opportunity Employer

At Hydrostor, we know that fostering an inclusive workplace, which values diversity, inclusion, and belonging is paramount to our success.

To fulfill our mission, our goal is to attract people who come from all backgrounds and walks of life, who bring diverse perspectives with wide-ranging experiences, and who share in our common passion to drive innovation and change the global energy landscape.

Hydrostor proudly embraces the principles of equal opportunity and inclusion. We are committed to providing opportunities for all employees and candidates. We ensure that all qualified applicants are considered for employment without regard to race, creed, colour, religion, gender, gender identity, gender expression, age, sexual orientation, national origin, marital status, parental, pregnancy, citizenship status, veteran status, disability, or any other protected status protected by applicable law.

Hydrostor is committed to making our application and interview process accessible to everyone, and we encourage applications from people with disabilities. If you require reasonable accommodation at any stage, please contact us at careers@hydrostor.ca. In your application, we welcome you to specify your preferred pronouns (e.g. she/her/hers, he/him/his, they/them/theirs, etc.).