Chief Financial Officer - Solect Energy

Company Overview

Solect Energy, based in Hopkinton, Massachusetts, is the recognized leader in commercial-scale solar and energy storage in New England. Solect offers proven expertise in development, technology, policy, and incentives, as well as individualized financial guidance. Our practical, systematic approach helps businesses and organizations reduce energy costs and optimize their solar investment. To date, Solect has installed over [800] commercial PV systems, with a focus on commercial, industrial, public and institutional properties throughout the northeast. For more information, visit http://www.solect.com

Solect Energy is a wholly owned subsidiary of Pattern Energy.

Job Purpose

Solect Energy is seeking a Chief Financial Officer (CFO) to join its’ leadership team. The CFO is responsible for capital planning and fiscal discipline to support profitable growth and project execution. The CFO plays a critical role in maximizing enterprise value through financial performance optimization, risk management, and investor readiness. This includes overseeing financial reporting, treasury and cash management, tax planning, risk management, M&A, project finance, capital raises, and ensuring the company’s financial infrastructure supports scalability and strategic decision-making.

The CFO must have a deep understanding of the solar industry and be able to develop and implement effective financial strategies to ensure the company remains competitive and profitable.

Key Responsibilities:

• Capital Planning & Fundraising – Oversee capital structure, project financing, and fundraising efforts (debt, equity, tax equity); manage banking and investor relationships.
• Financial Reporting & Compliance – Ensure accurate financial reporting, audits, and compliance with GAAP, tax regulations, and investor requirements.
• Budgeting & Forecasting – Direct company-wide budgeting and long-range forecasting aligned to strategic initiatives and project pipelines.
• Team Leadership & Development – Build and manage the finance and accounting team; develop internal capabilities, controls, and reporting processes.
• Risk Management & Internal Controls – Identify and mitigate financial, operational, and regulatory risks; ensure strong controls and governance frameworks.
• Operational Support – Partner with project development, execution and operations teams to maximize project-level performance, pricing, and cost controls.

Required Qualifications:

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Experience: Minimum of 10 years of progressive experience in financial leadership roles, with at least 5 years as CFO or senior finance executive in a project-based or capital-intensive industry.
• Industry Experience: Proven experience in renewable energy, infrastructure, construction, or EPC sectors. Familiarity with federal and state-level renewable energy incentives, tax equity structures.
• Skills: Strong understanding of project finance, capital structuring, and M&A. Demonstrated ability to lead budgeting, forecasting, financial modeling, and strategic planning in a high-growth environment. High level of integrity and ethical standards.
• Systems: Proficiency with financial systems (ERP, forecasting tools) and advanced Excel skills.
• Compliance: Deep knowledge of GAAP and financial reporting standards.

Preferred Qualifications:

• MBA or CFA designation.
• Experience leading tax equity financing and M&A transactions

Physical Requirements:

• Primarily office-based with standard physical demands. Occasional travel to project sites, investor meetings, or board presentations may be required.      

The expected starting pay range for this role is a base salary in the mid $200’s, plus an opportunity for annual incentive compensation and participation in a long-term incentive plan.  .  Solect Energy is an Equal Opportunity Employer. The Company does not discriminate on the basis of race, religion, creed, color, sex, age, national origin, ancestry, marital status, sexual orientation, veteran status, citizenship, disability, medical condition, genetic predisposition to a disease, lawful off-duty conduct or political activities, or any other legally protected status. This policy applies to all terms and conditions of employment, including, but not limited to hiring, placement, promotion, termination, layoff, leave of absence, compensation, and training. Discrimination based on any of the above groups is strictly prohibited. Any employee who engages in such conduct is subject to appropriate disciplinary action up to and including immediate dismissal. Solect Energy encourages its employees to bring any perceived violation of this policy immediately to the Management who will investigate their concern in as discreet a manner as possible.

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