Reports to: CEO

Location: Onsite in Littleton or Boulder, CO, hybrid/remote for the right candidate

Why the Role Exists

Emporia is an 8-year-old energy company with 400,000+ customers and the top-selling home energy management system (HEMS) and residential EV charger in the market. On that foundation, we are building a residential Virtual Power Plant (VPP) platform with Emporia PlatformCo driving the hardware/software user base, partner distribution, and program management, while Emporia TPO HoldCo provides the investment platform for SPVs that own and monetize deployed batteries.

Emporia is now extending that platform into a residential TPO and Virtual Power Plant finance platform. The finance work sits at the center of the expansion: translating customer demand, product readiness, installation capacity, and grid-services revenue into portfolios that institutional capital can underwrite. The economics run through third-party ownership: with the residential homeowner credit (IRC 25D) expired as of December 31, 2025, the federal Investment Tax Credit on a home battery can be captured by the business owner of the asset - the SPV holding the deployed batteries - and monetized through tax equity and/or 6418 transfer sales. This leader will own the financial engine across HoldCo/SPV modeling, tax equity, ITC transfers, common/project equity, debt, fund governance, and investor reporting as deployments move from launch to ramp.

This is the senior finance owner for the TPO business, working as a peer to Ops, Product, Marketing, and Program. Ops owns install, Product sources and prepares batteries, Marketing signs up customers, and Program coordinates execution; this role turns those operating inputs into bankable unit economics, fundable portfolios, clean entity flows, and board/investor-ready capital plans.

What You9ll Own
Capital formation

• Own, refine, and extend the financial models for the TPO business: project- and portfolio-level returns, fund waterfalls, tax-equity structures (partnership flip / lease pass-through as applicable), scenario analysis, and the consolidated PlatformCo / Emporia TPO HoldCo / SPV view.
• Raise tax equity at the SPV / portfolio level to monetize the 48E ITC and any production-based attributes; run investor diligence, term-sheet negotiation, and closings.
• Sell / transfer ITCs under the 6418 transferability regime - source buyers, negotiate transfer pricing and indemnities, and manage credit insurance where appropriate.
• Raise common / project equity and any back-leverage or warehouse debt to fund the deployment ramp; manage relationships with banks, funds, and strategic capital partners.

Legal-entity Architecture & Governance

• Partner with Legal (internal and outside counsel) to refine, manage, and scale the entity structure - Emporia TPO HoldCo, project SPVs, and FundCos as needed - owning the practical governance, documentation, and ongoing administration needed as the portfolio grows.
• Own the integrity of money movement between entities: inter-company agreements, EPC/servicing/management contracts, PlatformCo management fees, capital contributions and distributions, and the controls that keep them clean and audit-ready.
• Manage FEOC / "foreign entity" and 6418 foreign-entity restrictions against the battery supply chain (e.g., EG4) to protect ITC eligibility and transferability.

Accounting, controls & reporting

• Oversee accounting for the TPO entities (in coordination with corporate finance): GAAP treatment of tax-equity structures, fund consolidation, grid-services revenue recognition, and audit support.
• Own the reporting cadence investors and lenders require, and the internal dashboards that tie deployment volume to unit economics and cash.
• Provide board- and investor-ready materials on the TPO capital plan and performance.

Cross-functional leadership

• Be the finance partner to Ops, Product, Marketing, and Program - translating their plans into cost/revenue assumptions, pressure-testing them, and driving the levers that move portfolio returns (install cost, hardware cost, CAC, dispatch revenue).
• Provide board- and investor-ready materials on the TPO capital plan and performance.

What You9ll Bring

Required

• 10+ years in finance, with 5+ years directly in tax-equity, project, or structured finance - preferably in renewable energy (residential or C&I solar, storage, or DERs). Experience monetizing the ITC/PTC and, ideally, the post-IRA transferability market.
• Deep, hands-on command of business / legal-entity structuring - SPVs, fund vehicles, HoldCo/SPV and tax-equity partnership structures - and the inter-company mechanics, contracts, and cash flows that connect them.
• Demonstrated success raising institutional capital (tax equity, project debt, and/or common equity) and closing transactions with funds, banks, and strategic investors.
• Elite financial modeling ability - you can build the fund waterfall and the consolidated model yourself, not just review someone else9s.
• Working fluency with the tax and accounting treatment of renewable structures (partnership flips, lease pass-throughs, 48E/6418, basis and recapture, GAAP consolidation).
• A scale-up operator9s temperament: comfortable as the DRI (directly responsible individual) for a fast-moving, funded program - hands-on today, able to build out a team and outside-advisor bench as deployments ramp.
• Strong cross-functional operator - credible with engineers, operators, and marketers, not just capital partners.

Strongly Preferred

• CPA, CFA, or JD/tax background
• Relationships with active tax-equity investors and ITC buyers
• Experience with VPP / grid-services revenue or DER program finance
• Familiarity with credit insurance for transfer transactions
• AI-native working style - you use AI to accelerate regulatory research, economic modeling, and requirements drafting.

What Success Looks Like

• Deployment ramp financed cleanly, with the TPO financial model and capital plan serving as the operating system for board decisions and capital raises.
• Entity structure, inter-company flows, and governance operating cleanly as the portfolio grows, with audit-ready administration and room for new capital structures.
• Tax-equity and/or ITC-transfer transactions closed, with repeatable capital sources - including project debt / warehouse capacity where appropriate - available for the deployment ramp.
• Finance operating rhythm humming: monthly close for TPO entities, investor/lender reporting, and a live unit-economics dashboard tied to install volume (scaling toward the ~150 batteries/month, ~$3,000 gross-margin/unit target).

What We Offer

Compensation:

• Base Salary: $200,000 - $275,000;The offered salary will depend on numerous factors, including but not limited to work experience, skills, and internal equity considerations.
• Target Bonus: 25% - 40% of base, tied to capital raised + deployment milestones.
• Equity: Meaningful senior-leadership grant (set with board); consider TPO HoldCo / SPV-level incentive participation to align with portfolio returns

Benefits: medical/dental/vision insurance, 401(k), employee stock option program, paid holidays plus unlimited PTO, discounts on Emporia products and partner offerings.

Career Growth: Be part of a fast-growing company at the forefront of home energy innovation.