Energy Finance Analyst
An Overview
An Energy Finance Analyst is the person responsible for analyzing and providing advice on how to finance energy projects and assets. They are usually employed by investment banks, private equity firms, or energy companies and must be expert in both energy and finance, as well as possess analytical and quantitative skills. Energy Finance Analysts are responsible for the development and execution of financial strategies for energy companies and projects, spanning across both traditional and renewable energy sectors (including oil and gas, power generation and distribution, and biofuels). They evaluate the financial viability of projects and investments, managing risk and maximizing financial performance. Energy Finance Analysts are also responsible for developing and maintaining financial models used to forecast financial performance and make investment decisions.
Education and Training
Energy Finance Analysts typically hold at least a bachelor's degree in finance, economics, or a related field. Many also have a master's degree in business administration (MBA) or a related field. Certification from an organization such as the Project Management Professional (PMP), the Chartered Financial Analyst (CFA), or the Financial Risk Manager (FRM), can demonstrate expertise and boost an application. Energy Finance Analysts must be able to analyze complex financial data and make sound investment decisions.
Job Outlook
The job outlook for Energy Finance Analysts is expected to be good over the next few years. The growing demand for energy and the increasing complexity of energy projects are expected to drive demand for qualified Energy Finance Analysts. The median annual salary for Energy Finance Analysts was $91,980 in May 2021 according to the U.S. Bureau of Labor Statistics. The lowest 10 percent earned less than $48,180, and the highest 10 percent earned more than $181,050.
Day-to-Day Responsibilities
Day-to-day responsibilities of an Energy Finance Analyst may include: