Project Administrator

DNV

Local Unit & Position DescriptionAre you passionate about renewable energy and sustainability and want to help companies find solutions to create a greener world?DNV Energy Systems is seeking to hire a dynamic and proactive Project Administrator, to provide project-based support to the independent engineering (“IE”) project management teams in the performance of their due diligence activities.DNV is one of the world’s leading renewable energy consultancies in the world.   We provide technical consulting and independent engineering services for renewable project developers (with a focus on wind, solar & storage projects), financial institutions, and investors in the US and Canada who rely upon our reports as part of their investment decision-making process. The Project Administrator, as part of the broader IE team, will be responsible for supporting the technical due diligence review process through financing and construction, supporting a broad internal team of project managers and other stakeholders, and communicating and resolving issues with clients and lenders/investors.Ideally, this position can be based out of our Montreal, CA or Toronto, CA OfficesWhat You’ll Do Review of commercial and financial requirements for renewable energy and storage project financings/financial closings, including:Verification of sponsor equity spend via review of invoices, proofs of payment, lien waivers, etc Review and certification of construction loan draw requests via review of associated documentation and budgets Review and certification of construction completion reserves. Review of project budgets and flow of funds for appropriateness, within the IE scope of review Present checked and approved deliverables to Project Managers and Team Leads for final approval, including but not limited to preparation of IE documents for project milestone completion General support and guidance for the internal IE staff on project financial closings, including high-level review of financing agreements to verify IE responsibilities, and monitoring of internal work streams for readiness for financing closing Support Project Engineers in management, organization and distribution of project documentation related to technical due diligence, including filing and retrieving documents, researching files, data rooms, etc. in accordance with DNV document control system Assist Project Managers in maintaining and tracking open items/issues lists for due diligence projects Post-construction operational due diligence activities, including:Final completion verification and confirmation of reasonableness of release of holdback/escrow/retainage Manage/coordinate responses to ad hoc lender/investor requests. Coordination and preparation of wind, solar, and storage due diligence proposals Support and assist in delivery of IE projects within allocated time and budget via other project-related technical and accounting tasks as directed Communicate/liaise with a broad range of internal and external project stakeholders, including project managers, engineers and managers, other departments, clients, financial institutions, etc Perform related project duties and administrative tasks as assignedPosition QualificationsWhat is Required Minimum of bachelor’s degree in finance, accounting, or related degree; Minimum five years’ experience in project finance in construction and/or finance Strong organizational, interpersonal, and verbal/written communication skills Strong analytical and solution-oriented thinking skills Strong initiative, follow through and attention to detail and having the ability to manage multiple activities at a time Ability to work independently while also being a strong team player Ability to handle confidential information and displaying high integrity and honesty – clients rely on DNV’s independence and its responsibility to perform a rigorous but fair review of a project Working understanding of project development, construction, and financing, including common financing structures and agreements (i.e. debt, equity, tax equity, etc.) and associated mechanics (preferably renewables) Familiarity with the analysis of general accounting submittals (construction draws, budgets, etc.) Advanced proficiency with MS Office products (e.g. Word, Excel), strong overall computer skills, and ability to learn other software tools Ability to operate under pressure and meet deadlines while working within a high-performing team Ability to travel for short periods on infrequent occasions (