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Commercial Asset Management Associate

Commercial Asset Management Associate

PrologisChicago, IL, US
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Commercial Asset Management Associate

At Prologis, we create the intelligent infrastructure that powers global commerce. We are looking for a Solar and Storage Asset Management Associate who is self-motivated and thrives in a fast-paced environment and values creative problem solving, collaboration, and continuous improvement. This is an excellent opportunity to expand your experience in solar and battery business management and operations across commercial and utility-scale solar, battery storage, community solar, and other innovative renewable solutions.

As an Asset Management Associate, you will be responsible for general portfolio administration of operational renewable assets in the United States and assist Asset Managers in commercial and financial obligations. This includes continuous improvement of financial and operational performance, and commercial management. You will report to the Senior Manager of Asset Management and will collaborate across a diverse set of individuals located globally.

Key responsibilities include :

  • Project Due Diligence, Integration & Setup
  • Review pro-forma and various documents to identify risk, provide input, and document obligations for future tracking.
  • Interface with various internal & external teams to ensure a smooth transition of projects from construction to commercial operation.
  • Commercial Management
  • Manage commercial issues in collaboration with legal; coordinate and conduct negotiations to resolve issues with counterparties.
  • Review various agreements and develop strategies to improve asset performance and risk.
  • Financial Oversight
  • Responsible for P&L management of operating energy assets including budgeting, variance analysis, and value creating strategies.
  • Work with various teams to ensure revenues are received and coded appropriately.
  • Performance Management
  • Review operational performance reports and work with O&M service provider and facility managers to optimize asset performance.
  • Contract Compliance & Administration
  • Coordinate with cross-functional teams to ensure compliance with key project agreements, incentive programs, regulatory requirements, and other project obligations.
  • Lead customer interactions regarding new system onboarding, billing questions, and system performance.
  • Support the development of information sharing platforms and work management systems, including populating such systems with historical records and archiving of documents.

Building blocks for success :

  • 3+ years of experience in the renewable energy industry, preferably in a commercial role
  • 3+ years in project management, construction management, project development, project administration, project financing, project accounting, asset management or similar role.
  • Bachelor's degree in Business, Finance, Accounting, Engineering, or similar field is required.
  • Prior history in negotiating and resolving issues through strong collaboration with internal and external stakeholders.
  • Experience developing budgets and performing financial analysis; Advanced MS Excel with working knowledge of financial and accounting concepts.
  • Strong understanding of solar and prior experience monitoring & improving operational performance of assets.
  • Prior history managing contracts and service providers.
  • Ability to understand technical issues and read as-built plans.
  • Demonstrated expertise in contract compliance and administration.
  • Strong organization and project management skills with high attention to detail.
  • General knowledge of business systems and processes (billing, accounting, document management, procurement, etc.).
  • Ability to work in a dynamic environment with high iterations and changes.
  • Ability to travel up to 15%.
  • Preferred : Experience in battery storage management.

    Hiring Salary Range of : $90,000 - $144,000. Salary and whole compensation package (bonus target) to be determined by the candidate's location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

    People First

    Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here. When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here. Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here.

    All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work / lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time.

    All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity / Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.

    Employment Type : Full time

    Location : Denver, Colorado

    Additional Locations : Chicago, Illinois

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