Strategic Finance Manager

About the role

You will architect and own the project-level financial models that power our live offtake and financing negotiations at Endurance, ensuring every variable from CAPEX to returns is rigorously defined and auditable. You are the analytical engine of the Commercial team, responsible for maintaining the company's cost-of-capital trajectory and the $ per MW/MWh cost model that functions as our most critical leading indicator. In this role, you will serve as the single source of truth for deal economics across the entire organization, translating complex negotiations into clear quantitative narratives. You will leverage these models to build pricing scenarios and sensitivity analyses that directly shape the term sheets of our off-take agreements and project financing structures. You will report directly to the COO and will be positioned to transition into commercial leadership as the team scales, granting you exposure rarely seen at this level. This is a builder's seat that places you in the room with executives, outside advisors, and sophisticated external counterparties from day one. You will see deals progress from the first model to signature, observing how your analysis withstands live-fire scrutiny. Your work will determine whether projects move forward, securing the baseload power future that Endurance is building through modular subsea geothermal plants.

Key facts

What you'll do

• Build and own project-level financial models for every pipeline project, covering pricing, CAPEX, delivered cost of energy, capital stacks, and returns analysis.
• Own and maintain the company's cost-of-capital trajectory and proforma pricing and CAPEX models per MW/MWh, anchoring them to real financing structures and market comparables.
• Support live negotiations with pricing scenarios, term sheet economics, sensitivity analyses, and rapid-turn responses to counterparty positions.
• Score pipeline projects against our project evaluation framework and maintain the deal-economics source of truth used across the company.
• Model government and development finance instruments into project capital stacks, including grants, loan guarantees, and risk-mitigation products.
• Build and maintain data rooms for partners, customers, and future lenders to ensure organized and efficient due diligence.
• Support the commercial team's pipeline reporting, including agreement tracking and progress metrics for internal and external stakeholders.
• Work with outside counsel and advisors to translate economic terms into agreement language and pressure-test the economics of draft agreements.
• Develop pricing and structuring analyses for new markets and new deal types as the pipeline expands into subsea geothermal regions.
• Be the Endurance lead on real-time economics, pricing, structures, and industry intelligence for global commercial and project finance as well as power markets.

Requirements

• Approximately 7 years of experience structuring and modeling capital for real projects or transactions, with backgrounds in project finance, infrastructure investing, banking, private credit, development finance, energy, geothermal, oil and gas, or corporate development accepted.
• Demonstrated experience building infrastructure-grade, auditable project financial models from a blank workbook, including revenue builds, PPA pricing, capital stacks, debt service, sizing, and returns analysis with full sensitivity and scenario analysis capabilities.
• Advanced Excel modeling skill with clean, auditable model architecture is mandatory for maintaining the integrity of our cost-of-capital and pricing models.
• A creative financier capable of integrating blended capital into traditional project finance, including familiarity with government, multilateral, credit support, philanthropic grants, tax credit-equity, private credit, structured or asset-backed finance, and other innovative instruments.
• Strong understanding of energy or infrastructure project economics, including levelized cost concepts, offtake structures, and the role that cost of capital plays in driving delivered cost.
• Experience with counterparty due diligence processes, such as offtake credit assessment, and responding to external investor and lender due diligence requests.
• Detail-oriented and organized manager capable of owning transaction documentation, internal project management, and managing relationships with legal counsel, engineering teams, market study consultants, and other service vendors.
• Clear, direct writing skills suitable for drafting term sheets, deal memos, and other high-stakes financial documents that withstand scrutiny.

Nice to have

• Background in geothermal, oil and gas, or other energy infrastructure providing familiarity with resource-specific risks and revenue structures.
• Experience with maritime projects or subsea operations offering insight into the unique challenges of deploying capital in ocean environments.
• Prior work with development finance institutions such as DFIs, multilateral banks, or export credit agencies, and familiarity with their specific products and constraints.
• Knowledge of power market dynamics and how energy pricing mechanisms interact with long-term offtake structures.
• Experience supporting transactions that involve multiple counterparties across jurisdictions, requiring coordination of legal, tax, and regulatory considerations.

Practical notes

This role is full-time and based in Seattle, Washington. The position requires significant travel to project sites, data collection locations, and stakeholder meetings, potentially including time on vessels or at coastal facilities. Candidates must be eligible to work in the United States without sponsorship, as the company is currently unable to sponsor visas for this role. The successful candidate will engage with high-stakes negotiations and must be prepared to manage multiple deadlines in a fast-paced environment where decisions directly impact our commercial trajectory and deployment timelines.