Project Finance Jobs

Project Finance Careers & Jobs

Project finance jobs refer to the jobs in the area of controlling and managing infrastructure and industrial projects from the financial perspective in the long term which includes making financial decisions regarding investment like raising funds, doing contracts with vendors and negotiations, generating finance for the project and analyzing projects viability and earnings.

Project Finance can be broadly defined as financing of long-term projects such as infrastructure, power & plant, and other industrial projects. Today the role of finance professionals is mounting beyond the traditional accounting and reporting functions, they are taking the role of leadership for promoting efficiency and improving the performance of an organization. And such these jobs stand out in the fields of finance by advising, analyzing and financing the various industrial projects. The jobs range from an analyst to the director of the project but all these jobs involve the long-term financing of infrastructure projects or industrial projects.

Project Finance will be interesting to those who enjoy traveling, advising clients for the financial decisions, analyzing and projecting the financial statements. Through this article, I aim to provide you the brief details about the project finance jobs. And how does it differ from the various other jobs of finance?

In this article I am going to cover the following points on Project Finance Careers:

p.s. Please do have a look at this Project Finance Course if you want to learn it professionally.

Project Finance Jobs Streams

There are two main streams in project finance jobs i.e. advisory and lending. Project Finance Group basically advises clients and/or lends funds for the debt used in huge investments.

Advisory

In this kind of job, the professionals advise the clients for the funds used in the huge investment. Below are the activities conducted by the Project Finance Advisor:

Debt Syndication

Debt Syndication refers to the selling of loans to other banks or financial institutions. Below mentioned are the activities of a debt syndication job in project finance:

  • As the project financing is basically required for the large size of the project, so the multiple banks find it ideal to fund together for a single project.
  • If you are working under the project syndication or debt syndication team of the main bank, you will be playing the role of an intermediate between the client and with the other financial institutions.
  • As an intermediate, you will be finalizing the structure and get loan sanctions from all the leading agencies who are involved in the transactions.
  • Under the debt syndication team, you will be also required to interact with several banking and financial institutions and negotiate the terms of loan sanction to best suit the client requirements.

Project Finance Job Roles

There are numerous jobs that generally range from an analyst to a director position of project and infrastructure finance. These jobs involve infrastructure financing and various industrial projects financing over a long period of time. Project finance jobs want that professional in this field who plans long term cash flow rather than just analyzing and balancing the income statement and balance sheets of those corporates which are financing the projects. The following are the description of different positions in Project Finance:

Project Finance Jobs

You are free to use this image on your website, templates etc, Please provide us with an attribution linkHow to Provide Attribution?Article Link to be Hyperlinked
For eg:
Source: Project Finance Jobs (wallstreetmojo.com)

Director:

Directors are the ones who visions the failure or success of the project before preparing the financial structureFinancial StructureThe financial structure refers to the sources of capital and the proportion of financing that comes from short term liabilities, short term debt, long term debt, and equity to fund the company's long term and short term working capital requirements.read more of the project. In order to become a director of a Project Finance Company the following skills you need to possess:

  • You should have an experience of 10 – 12 years working with financial statements, financial analysis and debt flow
  • You need to have an analytical mind to understand the varied range of factors that may influence the success of a project.
  • You should also have experience in marketing research and sales in order to understand the factors that can affect the project’s earnings.
  • You will require to possess a sharpened leadership skill in order to lead a team of project finance.

Managers:

Project Finance Managers jobs are the one who is capable enough to lead a team. To work as a manager in the project finance team, you will require to possess the following skills:

  • You need to have an experience of 3-5 years working as an analyst, making an intensive modeling structure of a company.
  • You will require to undertake all the necessary activities i.e. collecting the information, preparing the projection model, finalizing the structure, etc. for meeting the funding requirements financial or funding requirements of the clients.
  • You will require to coordinate with banks, financial institutions, private equity funds, rating agencies and other participants in the financial communal in order to ensure the timely accessibility of finance for the project. And also coordinate with the finance providers on due diligence, term sheet negotiations, and documentation.
  • You will work with a project development team to identify, analyze and execute the most optimum financing solutions for projects.

Analyst:

This job involves assisting seniors and preparing the reports. If you are planning to get this job as an analyst, you require to possess:

  • You need to have an MBA degree in Finance from the top management institutions.
  • Your job will be to assist the directors and setting up various contracts.
  • As an analyst, you should know to make digital reports on projected earning, risk and cash flow.
  • You need to possess management skills to manage teams, client meetings, and contract negotiations.
  • You are required to possess the skills of effective communication, resource management, and negotiation skills as the responsibility level, scope, complexity will differ according to the nature of the project.

Skills Required

Responsibilities in Project Finance Jobs

  • To make inclusive financial models for several projects to deliver cash flow forecast, scenario analysis, risk assessment and return analysis.
  • Individuals have to work closely with the project development team to identify, analyze and execute the most optimum financing solution for projects which include debt & equity.
  • Individuals have to coordinate the drawdown/repayment formalities for debt facilities and to monitor compliance with financing conditions and obligations.
  • Even individuals have to coordinate with finance providers on due diligence, term sheet negotiations, and documentation.
  • Coordinate with banks, financial institutions and consultants to arrange syndication of and raise funds from various financial institutions/banks/lease finance companies.
  • To evaluate capital investment proposals and calculation of project/dividend IRR’s, DSCR’s, and Sensitivity Analysis, etc.
  • To compile and prepare cost and performance reports as per cost accountingCost AccountingCost accounting is a defined stream of managerial accounting used for ascertaining the overall cost of production. It measures, records and analyzes both fixed and variable costs for this purpose.read more records rule (CARR), cost-benefit analysis and critical analysis of cost reports; recommending necessary corrective actions.
  • Investigate into historical dealings to categorize pricing, debt levels, trends, and greatest practice. It also has to conduct a financial analysis of similar companies and/or projects for benchmarking ratios and performance tracking.

Salaries of Project Finance Professionals

Project Finance Jobs are still in high demand, the salaries of project finance professionals differ as per the position, role and years of experience but still, these are being highly paid careers compared to other areas in finance. The following table will give you the details of the salaries of project finance professionals:

Project Finance Job Role / ExperienceBasic Salary Range ($)Bonus (%’ age) 
Analyst 1-3 years40,000 – 65,00030-70%
Managers 3-5 years60,000 – 90,00030-100%
Vice President80,000 – 130,00050-120%
Director120,000 – 220,00050-200%
Managing Director150,000 – 350,000100-300%

The survey found that at large investment banks some senior project finance professionals earn basic salaries of $200,000. Many people had attained bonuses getting seven figures. And also in energy sector project finance directors earn a median salary of $100,000, with a bonus of typically 100%. Even at the assistant director level, salaries are $70,000 and an average bonus of 80%. In the graph below you can see the range of salaries offered to the Project Finance Manager Job.

Project Finance Salary

Source: indeed.com

Companies Offering  Project Finance Jobs

There are many companies that offer these jobs as this field is still in great demand today. Various infrastructure companies, energy, and power companies, large investment banks, steel companies, oil & gas companies, etc. who require a comparatively huge amount of funds for their projects compared to other sectors or companies are looking forward to projecting finance professionals.

Following is the list of companies who offer project finance jobs and they are:

  • China State Construction & Engineering
  • Chevron Corporation
  • Saudi Aramco
  • Royal Dutch Shell
  • Matson Navigation Company
  • Crowley Maritime Corporation
  • Royal Bam Group
  • Jacobs Engineering
  • Goldman Sachs
  • Larsen & Toubro
  • Marathon Petroleum Corporation
  • Reliance Industries Ltd.
  • Exelon Corporation
  • Anglo American Platinum
  • Goldcorp

Recommended Articles

This has been a guide to Project Finance Careers and Jobs. Here we discuss the project finance streams of advisory as well as debt syndication. Here we also discuss project finance roles like Director, Manager, and Analyst. Here we also discuss their salaries and the kind of companies that offer such jobs. You may also have a look at these articles below to learn more about Project Finance –

Reader Interactions

Comments

  1. AvatarAthanas says

    Hi,

    I have an financial engineering and maths. I have passion for project finance and would like to advance my career in the field .Also considering FRM. Without an CA qualification how best do I make self marketable or enhance my professional skills in project finance or which option route of should i consider based on my academic background.

    Many thanks

    • AvatarDheeraj says

      Hello Athanas,

      Given your background in Financial engineering and maths, FRM is amazing degreee to look at. However, if you are considering a role in Project Finance, then you should be good at financial analysis and project evaluation (both of which is taught quite a bit in CFA curriculum).

      Thanks,
      Dheeraj

Leave a Reply

Your email address will not be published. Required fields are marked *