Associate Asset Manager Job at EDF Renewables North America
Scope of Position:
Pay Range: $70,238 - $117,063 Annually
The Associate Asset Manager supports Asset Managers in the region with contractual compliance, reporting and analysis while maximizing renewable energy projects’ performance. They work closely with Senior Regional Director on ad hoc projects and initiatives that create value. The Associate Asset Manager identifies opportunities for operational and financial improvements at an acceptable risk profile and assists with development of short- and long-term solutions to project challenges that arise. He/she assists in the process of managing company and/or owner's interest in numerous operational utility-scale wind energy, solar energy, or energy storage projects within the US.
Responsibilities:
- 5% - Interface with Generation Accounting Group regarding financial performance of assets, and the preparation/submittal of project revenue invoices.
- 10% - Provide on-going wholesale electricity market participation risk tracking and analysis for assigned projects.
- 10% - Prepare projects’ monthly operating reports and support preparation of annual budgets for external stakeholders.
- 10% - Produce and consolidate ad hoc reports and analysis as required either by Asset Optimization Leadership, Senior Regional Director or Asset Managers.
- 5% - Assist Asset Managers with projects’ compliance and deliverables governed by the following:
- Power Purchase Agreements
- Power Price Hedge Agreements
- Interconnection Agreements
- Operating Agreements
- Credit Agreements
- Operations and Maintenance Agreements
- Project Administration Agreements
10% With an oversight of Generation leadership, Associate Asset Manager may be assigned a responsibility to perform asset management functions on one asset.- 10% - Coordinate with Performance and Reliability Engineering Group regarding operational performance of assets.
- 5% - Assist with managing project cash flow to meet the requirements of the operating budget.
- 5% - Monitor projects’ distributions, review financial statements.
- 10% - Identify areas of improvement opportunities within Asset Optimization and/or Generation groups and assist in developing new processes as necessary.
- 15% - Perform ad hoc research as directed and/or required by Senior Regional Director or Asset Managers.
- 5% - Other duties as assigned
- Bachelor’s Degree with quantitative focus (e.g., Finance, Data Analytics, Engineering, Environmental Science, Mathematics, Economics, Environmental Policy, or related major)
- Minimum of one-year experience in a similar role is preferred.
- Experience in the energy industry is preferred.
Skills/Knowledge/Abilities –
- Capability to read and interpret legal contracts.
- Ability to work closely in a flexible, team-first environment.
- Accounting or finance training a plus.
- Exceptional analytical skills (financial modeling experience is a plus)
- Excellent verbal and written communication skills.
- Proficiency with Microsoft Office including Outlook, Excel, PowerPoint and Word.
- Knowledge of computer programming software (e.g. SQL, VBA, Python) is a plus
- Familiarity with enterprise data management tools (SAP) is a plus
Physical Requirements: (describe any physical demands of the job such as lifting, climbing, standing, stooping, etc.)
The majority of the work will be performed on the office environment, so employee will need to be able to perform normal standing, bending, etc. with the need to occasionally lift up to 50 lbs. Outside of the office, employee will be required to climb, lift, bend, etc.
Working Conditions:
80% of the time is spent in the office environment utilizing computers (frequent use of MS Outlook, MS Word, MS Excel and MS Teams), phones and general office equipment. 20% of the time is spent in the field traveling to project sites, conferences, personal / team training, and vendor facilities within the United States.
Pay Range: $70,238 - $117,063 Annually
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