What are the responsibilities and job description for the Asset Manager, Clean Energy position at TIAA?
Asset Controller
The Asset Controller job ensures that investment accounting policies and procedures are correctly applied to financial transactions. Under minimal supervision, this job works directly with asset management, portfolio management and acquisition/disposition teams. This job leads a team to prepare month end closing reports and subsidiary quarterly financial analytics, and reports to senior management ensuring accurate asset evaluations.
Key Responsibilities and Duties
The Asset Controller job ensures that investment accounting policies and procedures are correctly applied to financial transactions. Under minimal supervision, this job works directly with asset management, portfolio management and acquisition/disposition teams. This job leads a team to prepare month end closing reports and subsidiary quarterly financial analytics, and reports to senior management ensuring accurate asset evaluations.
Key Responsibilities and Duties
- Commercial management of a portfolio of renewable assets (photovoltaic, onshore and offshore wind, batteries, hybrid projects, or any other technology that is suitable for investment within the fund’s investment scope), either under development, construction or operation, across the US.
- Management of Commercial and Technical Management Agreement providers. Oversight and enhancement of the asset’s performance.
- Coordination and oversight of different workstreams relating to the asset together with other AM departments (including the Fund Finance Team, the Head of Revenues, technical team, development unit), the Investment Team and the Divestment Teams.
- Financing of renewable assets, both from a debt as well as tax equity perspective
- Oversight and coordination of the preparation of the asset’s budget (alongside internal and external stakeholders) and ongoing actual versus budget appraisal process (monthly).
- Update of rolling cash forecasts to identify potential cost overrun or upside, and management of funding of projects in collaboration with the Fund Finance team.
- Implementing best in class and validating the monthly closures, invoicing, and payment supervision. In the short term, this will be a hands-on role.
- Management of the distributions to investors from the asset perspective and Management of the financing agreements and compliance with all the corresponding undertakings from the project side.
- "• Tax oversight across regional portfolio o Manage tax advisors o Oversight of asset tax compliance with the support of external contractors o Support delivery of asset transfer pricing exercises if applicable o Support Central team in London with the annual Tax assurance process"
- Act as Asset Management Representative in new transactions as part of the Deal Team together with other members of the Asset Management Team and the Investment Team.
- Preferred
Anticipated Posting End Date:
2025-09-24
Base Pay Range: $135,000/yr - $155,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
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Company Overview
Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world’s largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit
www.nuveen.com
to learn more about us.
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our
Benefits Summary
.
Equal Opportunity
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Read more about your rights and view government notices
here
.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email:
accessibility.support@tiaa.org
Salary : $135,000 - $155,000
