Energy Transaction and Finance Expert

Job Posting Organization:
Mercy Corps is a leading global organization founded on the belief that a better world is possible. Established to respond to disasters and hardships, Mercy Corps operates in over 40 countries worldwide, partnering with communities to implement bold solutions that help people overcome adversity and build stronger communities from within. The organization focuses on creating sustainable change through innovative programs and initiatives that address the root causes of poverty and conflict, empowering individuals and communities to thrive.

Job Overview:
The Energy 4 Impact team at Mercy Corps is seeking two Energy Transaction and Finance Experts to provide high-quality financial, transactional, and regulatory advisory support for the Nigerian Energy Support Programme (NESP III). This role is crucial for the development, financing, and scaling of off-grid renewable energy projects in Nigeria, including mini-grids, productive use of energy (PUE), electric mobility, and solar health systems. The experts will leverage their deep expertise in renewable energy transactions, tariff and pricing methodologies, financial modeling, and the regulatory landscape of Nigeria to facilitate the successful implementation of these projects. The position requires a proactive approach to identifying and addressing challenges in the renewable energy sector, ensuring that projects are financially viable and aligned with market needs.

Duties and Responsibilities:
The Energy Transaction and Finance Experts will be responsible for providing transactional advisory on renewable energy projects, which includes structuring deals, conducting risk assessments, and supporting financial closure. They will prepare essential financial documents for accessing debt or third-party financing for mini-grid and PUE projects, develop comprehensive business plans, financial models, and investment cases for off-grid renewable energy initiatives. Additionally, they will design tariff tools and pricing methodologies, evaluate financial components of tenders, and advise on financial incentives and market mechanisms to stimulate private sector investment. The experts will also facilitate training sessions and workshops on financial modeling, tariff setting, and investment readiness, while supporting cross-team collaboration and contributing to meeting summaries and reporting. Complementary responsibilities include conducting market assessments to identify investment opportunities, mapping financing institutions, integrating environmental, social, and governance considerations into financial models, and supporting developers in improving bankability through enhanced documentation and compliance.

Required Qualifications:
Candidates must possess a Master’s degree in energy economics, finance, accounting, business, or a related field. They should have at least 8 years of professional experience in renewable energy projects, with a minimum of 3 years in power sector regulation. Specific experience should include at least 7 years in renewable energy project transactions and finance, with at least 2 years in four of the following areas: tariff tool development, financial modeling, pricing mechanisms, tariff methodologies, subsidy allocation, commercial negotiations, and renewable energy incentive mechanisms. International experience is required, with at least 3 years in two countries outside West Africa, and regional experience should include 6 years in West Africa, with 5 years specifically in Nigeria. Additionally, candidates should have at least 5 years of experience working on donor-funded projects.

Educational Background:
A Master’s degree in energy economics, finance, accounting, business, or a related field is required for this position. This educational background is essential to ensure that candidates have the necessary theoretical knowledge and analytical skills to effectively engage with complex financial and regulatory issues in the renewable energy sector.

Experience:
The position requires a significant level of experience, specifically at least 8 years in the renewable energy sector, with a strong focus on project transactions and finance. Candidates should have a proven track record of working on renewable energy projects, particularly in the context of power sector regulation and financing. The ideal candidates will have extensive experience in mini-grid transactions, tariff design, financial modeling, and off-grid energy financial incentives, particularly in sub-Saharan Africa and Nigeria.

Languages:
Proficiency in English at a C1 level (CEFR) is mandatory for this position. This level of language proficiency is essential for effective communication with stakeholders, preparation of financial documents, and participation in training and workshops. While English is the primary language required, knowledge of additional languages relevant to the region may be considered an asset.

Additional Notes:
The position is based in Africa and requires up to 40% travel to support country programs, which may include travel to insecure locations with limited freedom of movement and amenities. Housing for this role is provided in individual accommodations, and staff will have access to quality medical services. The living conditions are of a high standard. Mercy Corps promotes ongoing learning, allowing team members to dedicate 5% of their time to personal and professional development activities. The organization values team engagement and effectiveness, fostering a culture of trust and respect among team members. Mercy Corps is an equal opportunity employer and is committed to providing a safe and inclusive work environment, adhering to strict safeguarding and ethical standards.