Impact Solutions is Hiring a Manager/Sr. Manager - Portfolio & Asset Management (Power Plants) Near Los Angeles, CA
Purposes:
Supporting portfolio and asset commercial management for power plant / Battery storage assets owned and operated by Company.
Responsibilities:
Under the direction of the Vice President/Director – Portfolio & Asset Management, working closely with coworkers from Portfolio & Asset Management, Accounting, and Finance functions. The person will be responsible to support the following activities: • Invoicing & reconciliation: Support in preparing and reconciling monthly invoices to various counterparties. • Budget control & reporting: Support in preparing annual budgets, proforma, presentations, monthly asset manager reports, monthly reports to shareholders. • Regulatory issues: Support the oversight and compliance of all projects permits and licenses. Support Legal in FERC’s registration of management changes. • Contracts control: Update and monitor the existing and new Resource Adequacy agreements, Power Purchase Agreement, Gas Purchase agreements, Insurance, Energy Management Agreement, and others. • Financial affairs: Support in controlling the project’s finance/credit agreements documents and obligations, letter of credit/collateral/parents guarantee etc. • Plant operational issues: Support plant operational issues such as forced outages, unplanned outages, unbudgeted expenses, analysis of financial impacts and others. • Merchant project monitoring and risk control: Review merchant power plant asset data and update monthly earnings projection. Support merchant risk discussion with project partners.
Job Requirements • Bachelor’s degree in engineering or science, finance, economics, accounting, or related field. • Highly proficient in Excel, PPT, and Microsoft Office products. • Experience in managing complex financial models using excel. • Familiarity with project documents of operating assets/project companies etc. • Good written and verbal communication skills, as well as analytical, problem solving, organizational and time management skills. • Self-starter and proactive in making continuous improvements with motivation to learn. • Experience within the electric power generation industry including asset management or operations roles is preferable.