Associate

Industry background The speed of adoption of Electric Vehicles (EVs) is critical to achieve deep decarbonization of the transport sector. The average gasoline vehicle on the road today has a fuel economy of about 22.0 miles per gallon and drives around 11,500 miles per year. Every gallon of gasoline burned creates about 8,887 grams of CO2. Added-up passengers vehicles emit 10% - 15% of total greenhouse gas emissions. The auto finance industry has a massive entrenched ecosystem of loans and leases. Worldwide auto revenues were around $3 Trillion in 2017. EVs are now at a tipping point where the capital cost and total cost of ownership can be lower than gas or diesel powered vehicles. We would love to hear from you if you want to join a team with deep FinTech knowledge and startup experience, including dozens of success stories and four IPOs.

Position Overview Spring Free EV seeks a motivated financial associate and Excel wizard to support rapid growth in Capital Markets and the company. The successful candidate will have a strong foundation in financial analysis and financial modeling and will be comfortable operating independently, as necessary.

Specific tasks that would be expected Building and maintaining financial models that will support lease / MPA (mileage purchase agreement) transactions Review and validation of commercial contracts and facilitating contract execution Review and validation of purchasing agreements and facilitating purchase transactions Inputting and analyzing performance data for pricing, residual value analysis, and portfolio management Ad-hoc support of Capital Markets in various FP&A, revenue analysis, and reporting activities There will be opportunities to develop innovative ideas and support new product design, support the design and implementation of internal processes, policies, and tech platforms, and collaborate across the entire organization as it starts to scale.

Location The company is 100% virtual and is a Delaware corporation. You will need to be authorized to work in the United States and willing to travel when needed to work safely face-to-face with clients, partners, and fellow team members.

Equal Opportunity Employer Spring Free EV is an equal opportunity employer. We are committed to creating a diverse, equitable and inclusive environment in our organization. Every day we strive to accelerate the adoption of clean mobility options for our customers, communities, and planet.

Required Experience

• Demonstrated experience working in a quantitative role (e.g. investment banking, credit, consulting, accounting, auto finance, solar finance)

• Excellent financial modeling skills with a strong ability to read, assess, and interpret financial statements

• Strong research skills with the ability to consolidate and summarize complex financial data and ideas, clearly articulate points, and communicate with various internal and external parties

• Self-starter, intellectually curious, and quickly able to adapt to new processes and tools

• Technical Skills: Excel!

• Desired Experience

• Lease transaction & analysis experience and/or some other form of quantitative experience in auto finance, transportation, and/or mobility

• Experience or familiarity with car residual value data / data sources (KBB, Manheim, ACV Auctions, etc.)

• Experience or familiarity with tax and tax-oriented investments / transactions (e.g. solar PPAs, tax equity, etc.)

• Experience working in a startup or a fast-growing company environment

• Technical Skills: VBA / Macros