About the job
The Manager of Asset Management, reporting directly to the Senior Manager, will be an integral part of a dedicated team overseeing the commercial management of over 4,000 MW of utility-scale wind and solar projects distributed across 16 states. This role is pivotal in enhancing the value of our existing assets, contributing to our growth initiatives, and providing mentorship to junior team members.
This position offers a hybrid work model, available in either our San Diego or Denver offices. We encourage you to apply even if you do not meet all qualifications but believe you can make a valuable contribution.
Key Responsibilities
P&L Management:
- Oversee the profit and loss and cash flow for all generating assets within the designated portfolio.
- Analyze monthly operational performance and financial variance reports, addressing any discrepancies with the budget.
- Evaluate gross margin performance, collaborating with the energy data analytics team to elucidate variances influenced by market conditions, and devise strategies for value maximization.
- Formulate annual project budgets and adjust monthly accruals and cash forecasts as necessary.
- Conduct financial assessments, project evaluations, and due diligence to provide recommendations for plant optimization, performance enhancements, warranty claims, insurance claims, and revenue recovery.
- Initiate or support major projects, divestitures, capital investments, refinancings, and revenue-enhancing proposals.
- Negotiate and amend project company agreements to enhance asset performance or mitigate risks.
Project Company Administration, Compliance, & Reporting:
- Ensure all project obligations and interests are effectively managed under project agreements, resolving any contractual issues with counterparties.
- Supervise the management of business-related licenses, permits, regulatory requirements, reporting, and transactions with regional authorities, financial institutions, and other external entities.
- Act as the primary liaison with Public Utility Commissions, Independent System Operators, city, county, and state authorities, and governing boards regarding assigned assets.
- Manage monthly reporting of lost output and guaranteed energy production status according to applicable off-take requirements.

