Senior Analyst, Asset Management - Renewables (Solar)
Onward EnergyAbout the role
POSITION DESCRIPTION
Position Title: Senior Analyst, Asset Management – Renewables (Solar)
Reports To: Director, Asset Management - Renewables (Solar)
Direct Reports: No Functional Unit: Asset Management
FLSA Status: Exempt Position Type: Full-Time
Location: Charlotte, NC or Denver, CO
THE COMPANY
Onward Energy is an independent power platform that owns and operates over 7 GW of utility-scale wind, solar and natural gas generation projects across the U.S. Our Vision is to reliably power a sustainable future. Our Mission is that as North America’s premier independent power generator, we will deliver renewable and reliable power to our customers, opportunities to our employees, sustainable returns to the families who invest in us, and a better world to the next generation. Corporate Offices in Denver, New York and Charlotte, we are where renewable meets reliable. See www.onwardenergy.com for more information.
THE CHALLENGE
Responsible for supporting the day-to-day and long-term commercial aspects of assigned solar power plant portfolio. The successful candidate will assist in the identification, planning and implementation of projects that enhance asset value in close collaboration with several teams across the company, including Operations, Development, Power Markets and Origination (PMO), and Capital Markets. Reporting to the Director, Asset Management, the employees’ responsibilities will include:
- Financial Management
- Coordinate with Financial Planning & Analysis team to ensure timely preparation of project budgets and reforecasts, and monthly operating reports with accurate explanations of variances to budget.
- Interface with lenders and tax equity partners relating to consents or other matters, including distributions of operating reports and responses to project performance questions.
- Coordinate with the Accounts Payable, Accounting and Treasury teams to ensure payments for project invoices, including payments relating to financing, real estate, property tax, permits, and regulatory matters, are properly approved and processed in a timely manner.
- Support renewing insurance policies and managing claims, including coordination with insurance brokers.
- Operations Management
- Work with the Operations, Performance, Engineering, and Procurement teams to understand operational issues that affect financial performance and help advance solutions that either improve plant efficiency/longevity or resolve technical issues.
- Develop cost/benefit analyses for proposed project expenditures or capital improvements to support the approval process. Participate in the implementation of the approved plan, including coordination with off-takers, interconnecting utilities, ISOs, and other key stakeholders, as needed.
- Support internal teams, including Operations and Procurement, in negotiations with project vendors and service suppliers to reduce operating expenses and/or improve services.
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