Senior Asset Manager

MN8 Energy

$110K — $130K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-5 years experience in asset management or operations of renewable assets, preferably solar PV
  • Bachelor's degree in engineering, business, finance, or relevant field; MBA or advanced degree is a plus
  • Strong understanding of operations, management, and financing of renewable assets
  • Technical expertise in solar photovoltaics or renewable assets required
  • Asset management experience with Utility Scale BESS is a plus
  • Understanding of business, accounting, tax, and financial matters
  • Excellent communication skills, both written and verbal

Responsibilities

  • Manage all aspects of commercial, technical, and financial management of operating assets
  • Monitor and ensure compliance with contracts and regulatory matters
  • Collaborate with stakeholders to support asset management and operation
  • Track key metrics for asset performance and drive improvements
  • Own P&L and manage accounting to maintain proper records
  • Establish key relationships with project counterparties such as off-takers and investors
  • Liaise with O&M group for compliance with service contracts and regulatory policies
  • Support development of best practices and new tools for operational efficiency
  • Assist in business development and financial transactions as needed
  • Prepare annual operating plans for managed assets in collaboration with operations group
  • Support corporate audit and reporting requirements
  • Ensure smooth onboarding of assets into the management platform

Benefits

  • Hybrid office schedule – in-office Tuesday to Thursday, remote on Mondays and Fridays
  • Opportunity to manage investments in a growing, entrepreneurial company
  • Exposure to high-profile transactions in renewable energy
  • Significant cross-functional responsibility within the organization
  • Collaborative environment that values innovation and efficiency
Full Job Description
Job Description

Position Overview:
As Senior Asset Manager, you will play an instrumental role in managing investments in renewable energy assets. You can expect to be given significant and cross-function responsibility to manage such assets, and be exposed to high-profile transactions within a growing, entrepreneurial business. To be successful as an asset manager you should be strategically minded with strong analytical and problem-solving skills.

This role will be based in either our Boca Raton, Florida or Pozuelo de Alarcón, Madrid office. Office schedule is hybrid in office Tuesday - Thursday, work from home Mondays/Fridays.

As the Senior Asset Manager, you will:

  • Manage and own all aspects of the commercial, technical, and financial management of operating assets


  • Monitor and execute on contractual and regulatory compliance matters related to operating assets.


  • Collaborate with and drive internal and external stakeholders supporting the management and operation of the assets


  • Track technical and financial metrics to maximize asset performance and drive operational improvements


  • Own the P&L and manage accounting support group to ensure proper books and records of operating assets


  • Establish and manage relationships with key project counterparties relationships, including but not limited to off-takers, site hosts, equity investors, lenders, and regulatory contacts


  • Laisse with O&M group on an on-going basis to ensure compliance with service contracts and project requirements as well as HSE and regulatory policies


  • Support development and implementation of best practices and new processes or tools to improve the group's operational efficiency and maximize resource utilization


  • Support business development, finance, and due diligence teams (among others) on project acquisitions and financial transactions as required


  • Prepare and manage annual operating plans for assets under management in collaboration with other operations group


  • Support annual audit, tax preparation and other corporate reporting requirements


  • Collaborate with other groups to properly on-board assets into the platform to ensure proper transition of assets to the asset management group


Our ideal candidate will have:

  • Minimum of four (4-5) years of experience in asset management or operations of solar PV or other renewable assets


  • Engineering, business, finance, or otherwise relevant bachelors' degree. MBA or equivalent advanced technical or financial degree would be plus.


  • Strong understanding of operation, management, and financing of solar PV or other renewable assets


  • Technical expertise in solar photovoltaics or renewable assets to be able to successfully carry out key responsibilities of the position


  • Asset Management experience with Utility Scale BESS would be plus.


  • Baseline understanding of business, accounting, tax, and financial matters


  • Excellent interpersonal and written and verbal communication skills


  • Ability to effectively engage external stakeholders in discussions and negotiations pertaining to asset operations


  • Excels in planning and organization of tasks and can execute on plans


  • Highly driven, motivated and self-starter that excels in a team environment


  • Flexibility and proactivity to perform other tasks that are not part of the position's core responsibilities but add value to the team


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