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Financial Modelling Jobs in Massachusetts (NOW HIRING)

Strong Excel and financial modelling skills, including the ability to analyze large datasets, reconcile information, prepare variance analysis, and develop actionable reporting. * Effective written ...

Strong Excel and financial modelling skills, including the ability to analyze large datasets, reconcile information, prepare variance analysis, and develop actionable reporting. * Effective written ...

Strong Excel and financial modelling skills, including the ability to analyze large datasets, reconcile information, prepare variance analysis, and develop actionable reporting. * Effective written ...

CAPEX Finance Manager

Westborough, MA ยท On-site

$152K - $171K/yr

Strong experience in financial modelling, budgeting and forecasting, cost and variance analysis, management reporting, and investment appraisal/business cases. Demonstrated commercial acumen and the ...

Strong experience in financial modelling, budgeting and forecasting, cost and variance analysis, management reporting, and investment appraisal/business cases. Demonstrated commercial acumen and the ...

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Financial Modelling information

What is financial modelling?

Financial modelling is the process of creating a mathematical representation of a real-world financial situation, typically using tools like Excel. These models help businesses forecast future financial performance, evaluate investment opportunities, and assess the impact of various business decisions. Financial models are commonly used for budgeting, valuation, mergers and acquisitions, and risk analysis. They are essential for decision-making in finance, accounting, and corporate strategy.

What are the key skills and qualifications needed to thrive as a financial modeller, and why are they important?

To thrive as a Financial Modeller, you need strong analytical abilities, advanced Excel skills, and a solid understanding of finance and accounting principles, often supported by a relevant degree or professional certification (e.g., CFA, FMVA). Proficiency in spreadsheet modeling, financial analysis software, and data visualization tools is crucial. Attention to detail, problem-solving aptitude, and clear communication are key soft skills that set top performers apart. These skills ensure accurate, insightful models that support sound business decisions and effective stakeholder communication.

What are some common challenges faced by professionals in financial modelling roles, and how can they be addressed?

Professionals in financial modelling often encounter challenges such as ensuring model accuracy, managing complex data sets, and communicating technical results to non-financial stakeholders. To address these, it's important to adopt best practices like thorough model documentation, regular validation and stress testing, and using clear, visual outputs to aid stakeholder understanding. Additionally, collaborating closely with other teams, such as accounting or business development, can help ensure the model reflects real-world scenarios and assumptions. Continuous learning and keeping up with new modelling tools also enhances efficiency and accuracy.

What is the difference between Financial Modelling vs Financial Analyst?

AspectFinancial ModellingFinancial Analyst
Primary FocusBuilding and maintaining financial models to support decision-makingAnalyzing financial data, preparing reports, and providing insights
Skills RequiredExcel, valuation techniques, forecasting, data analysisFinancial analysis, reporting, industry knowledge, Excel
CertificationsNone specific, often CFA or CPA beneficialChartered Financial Analyst (CFA), CPA often preferred
Work EnvironmentFinance teams, investment banks, consulting firmsCorporate finance, investment firms, banks

Financial Modelling involves creating detailed financial models to evaluate scenarios and support strategic decisions, while Financial Analysts interpret data, prepare reports, and advise on financial performance. Both roles require strong Excel skills and financial knowledge, but modelling is more technical and focused on building tools, whereas analysis emphasizes interpretation and communication of financial insights.

How much does a financial modeller make?

A financial modeller's salary typically ranges from $60,000 to $120,000 annually, depending on experience, location, and industry. Entry-level roles may start lower, while experienced professionals with advanced skills in Excel and financial analysis can earn higher salaries, especially in finance and consulting sectors.

What do you do in financial modeling?

In financial modeling, a financial analyst or professional builds mathematical representations of a company's financial performance using spreadsheets and tools like Excel. They analyze historical data, forecast future performance, and create models to support decision-making, valuation, and strategic planning. Strong analytical skills and understanding of accounting, finance, and industry-specific variables are essential for this role.

What are popular job titles related to Financial Modelling jobs in Massachusetts?

For Financial Modelling jobs in Massachusetts, the most frequently searched job titles are:

What cities in Massachusetts are hiring for Financial Modelling jobs?

Cities in Massachusetts with the most Financial Modelling job openings:

Infographic showing various Financial Modelling job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution.

Senior Financial Analyst (Hybrid- Andover, MA)

Andover, MA โ€ข On-site

$93K - $140K/yr

Other

Medical, Life, Retirement, PTO

Posted 17 days ago


Job description

If you want to shape the future of energy, we are looking for a Senior Financial Analyst to join our AFC team!

Who you will work with

The primary function of the Financial Analyst is to assist in all aspects of Enel North Americaโ€™s (ENA) tax equity and cash equity transactions for new and operating renewable energy projects supporting the Global Power Generation and Enel X business Lines. This position is responsible for ensuring successful transactions through financial modelling, managing participating in commercial negotiations, managing due diligence, and coordinating third-party consultants. This role is involved with projects during their entire lifecycle, beginning at an early stage of development and continuing through project completion and funding. The Financial Analyst will have high visibility within ENA, and will gain exposure to the technical, legal, commercial, and financial aspects of renewable energy projects.

What you will do
  • Perform financial modelling, including modelling operational cash flows and financing structures, auditing financial models prepared by investors, negotiating changes to financial models with investors, and calculating final funding amounts at transaction close;
  • Support commercial negotiations with investors by analyzing potential economic and legal impacts to ENA of proposed terms, generating alternative proposals, and identifying the most favorable options for ENA;
  • Lead the due diligence process, including managing multiple teams to respond to requests, explaining information to investors, and facilitating follow up conversations as needed;
  • Coordinate with third parties to obtain deliverables required for transactions, including gathering the information needed from internal departments, determining and tracking deadlines for deliverables, and working to gain investor approval;
  • Ensure successful transaction closings by managing completion of documents and materials and responding to investor requests;
  • Advise internal departments on financing requirements and analyze internal decisions and agreements to provide feedback on financeability.
Qualifications
  • Bachelorโ€™s degree required, coursework in Accounting, Finance, Business, Economics, or related discipline preferred;
  • 6+ yearsโ€™ experience in renewable energy financing or development, investment banking, or project finance;
  • Experience with financial modeling preferred;
  • Knowledge of renewable energy projects or tax equity preferred;
  • Proficiency in Microsoft Office: Outlook, Word, Excel, PowerPoint;
  • Strong client-facing and internal communication skills;
  • Superior organizational skills and attention to detail;
  • Adaptability and flexibility to manage ambiguity and change;
  • Ability to independently prioritize and manage multiple tasks/projects to meet deadlines;
  • Ability to align internal stakeholders around a common goal;
  • Experience working in a multicultural environment preferred;
Why join us?

The pay range for this position is $93,400.00 - $140,200.00 annually. The base pay actually offered will be based on several factors, including job-related knowledge, skills, work experience, education, and internal equity. At Enel, base pay is one part of your total compensation package. Please see below for additional information on Enel North America rewards.

Enel North America offers its regular full-time employees affordable, quality healthcare for you and your family, life insurance and disability benefits to provide security, and retirement benefits to help you plan for your financial future. In addition, we offer an array of other benefits such as flexible spending accounts, tuition reimbursement and professional development allowance.

  • Benefits are effective as of day one!
  • Some additional perks to working with Enel North America include:
  • 401k with match fully vested as of day one. Enel-NA matches 100% of the first 4% that you contribute up to set IRS limits.
  • Generous PTO that supports work/life balance including: 4 weeks annually of vacation as well as personal days, volunteer days, your birthday off, paid holidays, and sick time. Proration may apply during first year of employment.
  • Paid leave programs
  • The opportunity to grow and develop your career with the support and mentorship of senior leaders.
  • The opportunity to work for one of the worldโ€™s most recognizable and respected brands in the energy industry that believes by working together we can create a new energy era in which the world can become more sustainable.

An employeeโ€™s eligibility for these benefits shall be subject to the governing documents for such plans and programs and/or company policy. The benefits described above may be modified or eliminated with or without notice in accordance with the governing documents and applicable law.

Diversity, Equity, Inclusion, and the Selection Process

Enel North America is dedicated to providing equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information. We will not discriminate, in any employment decision, against any individual or group on the basis of race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information, or veterans/national guard/military reserve status. This shall be done in compliance with all applicable federal, state, and local laws in every location in which Enel North America has facilities. Enel North America maintains a drugโ€‘free workplace and performs preโ€‘employment substance abuse testing and background checks, where permitted by law.

Accessibility - If you require accessibility assistance applying for open positions please contact EnelApplication@enel.com.

The selection process includes an initial introductory interview with the Recruiting team, followed by an interview with the relevant business line. If your profile matches the requirements of the role, we will contact you to share all the details of the next steps.

Enel North America is committed to providing a fair and transparent hiring process for all job seekers. We will never ask you to pay money or provide sensitive information, such as your social security number or bank account number, as part of the application process. We only hire through our official channels, which include our website and LinkedIn page. If you receive a job offer that did not come through one of those channels, it is likely a scam, and we suggest reporting it to the authorities.

We are looking for individuals who embody our values: trust, respect, innovation, proactivity, and flexibility.

Notice to Recruiters & Staffing Agencies

Enel North America has an internal talent acquisition department and designated career site for individuals looking to join our team. Enel North America will not accept unsolicited resumes from any external recruiters, staffing firms, search agencies or any feeโ€‘based referrals. Any unsolicited resumes sent to directly to Enel North America, in any capacity will be considered property of Enel North America. This policy is applicable to all Enel North America locations and will be the responsibility of third parties and vendors to understand this policy. Enel North America will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

Who we are:Enel North America:

Enel North America is a proven renewables leader delivering clean, flexible and sustainable energy solutions.

As part of the Enel Group, we develop, build, own and operate renewable power plants and demand response solutions, with over 11 gigawatts (GW) of installed wind and solar capacity, over 1 GW of energy storage and nearly 5 GW of demand response in the US and Canada.

For nearly 25 years, we've reliably powered modern life and driven climate action with our people, partners and communities by putting sustainability at the center of everything we do. Enel is a top-five industry leader for clean power capacity in the US, demand response in North America and utilityโ€‘scale battery storage in Texas.

We are a smart and passionate team working together to build the Enel North America that we want for the long-term - one that is founded on strong financial, social and environmental values. Being on our team means being part of lasting progress to create a thriving and more sustainable world for our climate and communities. It means valuing safety, trust, innovation, proactivity, flexibility and respect in all we do. Our vision is ambitious, and we'll get there together.

Enel Spa

Enel is a multinational power company and a leading integrated player in the global power and renewables markets, present in 27 countries worldwide.

At global level, it is the largest renewable player, the foremost electricity distribution network player by number of grid customers served and the biggest retail operator by customer base

Enel generates electricity with approximately 93 GW of total capacity. Enel Green Power, the Groupโ€™s renewables arm, has a total capacity of approximately 68 GW and a generation mix that includes wind, solar, geothermal, and hydroelectric power, as well as energy storage facilities, installed in Europe, the Americas, Africa, Asia, and Oceania.

Enel Grids, the Groupโ€™s global business line dedicated to the management of the electricity distribution service worldwide, delivers electricity through a network of 1.9 million kilometers with more than 69 million end users connected to its distribution grids. Enel Commercial is the Groupโ€™s arm dedicated to customers around the world with the aim of effectively providing products and services based on their energy needs and encouraging them towards a more conscious and sustainable use of energy. It provides electricity, gas and integrated services to more than 29 million customers globally including households, enterprises, industries and public administrations. In addition, it offers flexibility services aggregating 10.2 GW and has over 34,000 owned public charging points for electric mobility.

Curious about us? Discover more at www.enel.com

This announcement is addressed to all individuals in line with Enelโ€™s commitment to equity and inclusion, with particular attention to promoting gender equality.

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