Full-timeMid-Senior Level

Beverly, MA (Hybrid)

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Director/Senior Manager, Project Finance

Highland Electric Fleets is the market leader in vehicle electrification-as-a-service, focusing on school, municipal, and other government agency fleets. We’ve done the most, and largest, deals in our space and we are growing rapidly. Our full-service offering reduces the cost and complexity of electrification, making it easy and affordable to transition from diesel to electric, today, and accelerating a key element of the clean energy transition.

Our mission is to eliminate the barriers to better student health and cleaner air. We aim to mitigate risk for our customers, increase EVSB market penetration, and deliver positive impacts across a broad spectrum of stakeholders, including students, communities, school districts, fleet operators, manufacturers, and utilities.

Director/Senior Manager, Project Finance

The Director/Senior Manager, Project Finance position is responsible for managing the analysis of various financing options for our projects under development as well as new development opportunities. This position will support all aspects of transaction execution, from acquisition to divestiture.


  • Identify potential project investors within the equity fund and banking communities and develop strategies to build up our pipeline; propose, facilitate, and close project finance solutions

  • Create and maintain complex project finance models for internal and external parties to evaluate projects during various stages of development, construction, and operation on an individual and portfolio basis

  • Specifically synthesize and model terms of loans, tax equity bridge loans, and sponsor equity with back-leverage loans in time and yield-based partnership flip structures

  • Review project documentation and third-party reports, including PPAs, financing term sheets and agreements, IE reports, etc., and accurately integrate assumptions into financial models

  • Independently develop and run sensitivities in models and quantify resultant impact on sponsor IRR and margin

  • Create marketing materials for fundraising, including teasers, CIMs, and management of data rooms

  • Manage closing process, including coordinating reviews and approvals across multi-functional teams, to bring the transaction to financial close under tight timeframes

  • Perform other duties and special projects, as assigned


  • Minimum 5 years of project finance, corporate finance, or investment banking experience in renewable energy or similar industry

  • Deep familiarity with project finance structures, including partnership flips, construction financing, and back-leverage; familiarity with sale-leasebacks and inverted leases a plus

  • Experience creating marketing materials, including teasers, CIMs, and managing data rooms

  • Demonstrated ability to bring closure to complex and high value business transactions under tight timeframes; investment banking experience a plus

  • Demonstrated ability to work with cross-functional teams, including managing the financial, legal, and internal review and approval process to successfully close transactions

  • Strong communication skills with proven track record in building relationships and working in cross-functional collaborative teams

  • Comfortable working in a fast-moving and dynamic environment


  • A competitive base salary
  • Performance-based bonus program with a leading, high-growth entrepreneurial company
  • Stock compensation
  • 100% paid medical, dental, vision and life insurance
  • 401(k) and 401(k) match
  • Generous vacation, sick time, and holiday time off


Highland Electric Fleets provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Highland Electric Fleets complies with applicable state and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.