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Asset Manager
SunPower Richmond, CA
$99k-146k (estimate)
Full Time | Specialty Trade in Construction 3 Months Ago
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SunPower is Hiring an Asset Manager Near Richmond, CA

Do you want to change the world? We do, too.

SunPower is changing the way our world is powered every day with a passionate and driven team in North America and the Philippines. SunPower provides world-class solar solutions to residential customers across the U.S. with a commitment to a superior customer experience. We welcome forward thinkers, freedom chasers and all those demanding better, cleaner energy to join us.

Summary of Role:

We are seeking to hire an individual to join SunPower’s financial asset management team. The team is responsible for managing the SunStrong joint venture's long-term financial performance. The managed portfolio is comprised of third-party-owned residential and commercial solar assets.

The role will manage the residential and commercial business by serving as the primary interface for project-level debt and equity investors post-closing, and work closely with internal and external stakeholders to ensure delivery of all contractual, compliance, and performance obligations required under the financing agreements. This position will report to the Director of Asset Management and will coordinate regularly with other internal departments such as accounting, tax, legal and operational teams.

Excellent listening, and writing skills and very strong judgment are essential. The role requires delivery and operation at very high standards of quality in a fast-paced environment.

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Essential Duties & Responsibilities:

  • Develop, prepare and improve reports summarizing the financial and operational performance of assets for distribution to both internal and external stakeholders
  • Develop a detailed understanding of all financing structures for assigned portfolios and coordinate with internal and external stakeholders to ensure all operational processes are executed in compliance with agreements
  • Managing relationships with key project-level stakeholders including cash and tax equity investors, off-takers, and O&M provider
  • Coordinating closely with the Accounting team to ensure monthly accruals, GL entries, and internal reporting requirements are completed in a timely and accurate manner
  • Administering project-level financing agreements including the execution of loan draws, deposits, and cash distributions
  • Supporting cross-functional teams in the resolution of material issues affecting operational projects
  • Ensuring the management processes developed by the Asset Management team are implemented consistently across all projects in the portfolio
Required Qualifications:
  • Bachelor’s degree in finance, business, economics, or a related field
  • 5-8 years experience in Asset Management or Investment Banking
  • Excellent verbal and written communication skills.
  • Strong analytical and financial modeling skills
  • Team player who can collaborate in developing strategies
  • Detail-oriented and capable of driving multiple projects simultaneously
  • Demonstrated ability to be self-motivated and perform job tasks independently in an unstructured environment with limited direction
  • Comfortable in a fast-paced, growing company
Preferred Qualifications:
  • MBA or CFA
  • Experience with renewable energy
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Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $117,800/year in our lowest geographic market up to $212,000/year in our highest geographic market. Pay is based on several factors including market location and may vary depending on job-related knowledge, skills, and experience. Depending on the position offered, other forms of compensation may be provided as part of a total compensation package including annual bonus eligibility, short and long-term incentives, and a comprehensive and competitive benefits program that includes health insurance coverage, employee wellness, life and disability insurance, a retirement savings plan, paid holidays, paid time off, and so much more. For more information, please visit our benefits site at https://us.sunpower.com/employees-benefits

Don’t meet every single requirement? Studies have shown that women and underrepresented minorities are less likely to apply to jobs unless they meet every single qualification. At SunPower, we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

Equal Employment Opportunity

The Company is an equal employment opportunity employer and makes employment decisions, including but not limited to, hiring, firing, promotion, demotion, training, and/or compensation, on the basis of merit. Employment decisions are based on an individual’s qualifications as they relate to the job under consideration. The Company’s policy prohibits unlawful discrimination based on sex (which includes pregnancy, childbirth, breastfeeding, or related medical conditions, the actual sex of the individual, or the gender identity or gender expression), race, color, religion, including religious dress practices and religious grooming practices, sexual orientation, national origin, ancestry, citizenship, marital status, familial status, age, physical disability, mental disability, medical condition, genetic information, protected veteran or military status, or any other consideration made unlawful by federal, state or local laws, ordinances, or regulations. The Company is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers.

EOE Minorities/All Genders/Protected Veterans/Disabled

SunPower Supports EEO

Accommodation for Applicants to SunPower Corporation

SunPower Corporation is an Equal Employment Opportunity / Affirmative Action employer and provides reasonable accommodation for qualified individuals with disabilities and disabled veterans in job application procedures. If you have any difficulty using our online system and you need a reasonable accommodation due to a disability, you may use the following alternative email address to contact us about your interest in employment at SunPower Corporation: jobs@sunpower.com. Please indicate in the subject that line of your email that you are requesting accommodation. Only candidates being considered for a position who require an accommodation will receive a follow-up response.

NOTICE TO ALL APPLICANTS AND EMPLOYEES

Availability of Affirmative Action Plan for Review

SunPower is a federal government contractor. As a part of the Company’s obligations under law, it must develop a written Affirmative Action Program (AAP) for the Disabled, Recently Separated Veterans, Armed Forces Service Medal Veterans, Disabled Veterans and Active Duty Wartime Or Campaign Badge Veterans and for Women and Minorities as specified by law. Non-confidential and non-proprietary aspects of the AAP are available for inspection by applicants and employees, consistent with applicable law, which will be made available during office hours by contacting the EEO Officer.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Specialty Trade in Construction

SALARY

$99k-146k (estimate)

POST DATE

03/02/2024

EXPIRATION DATE

07/11/2024

WEBSITE

us.sunpower.com

HEADQUARTERS

ROSAMOND, CA

SIZE

1,000 - 3,000

FOUNDED

1985

TYPE

Public

REVENUE

$1B - $3B

INDUSTRY

Specialty Trade in Construction

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SunPower is a California-based renewable energy company that designs and sells photovoltaic cells, solar panels and related products for residential and commercial sectors.

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Step 1: Understand the job description and responsibilities of an Accountant.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Asset Manager jobs

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Step 3: View the best colleges and universities for Asset Manager.

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