FP&A Analyst, Asset Management

Asset Management Team At Scout Clean Energy

Do you want to help create a cleaner power supply? Are you looking to launch your career in the growing renewable energy industry? Are you quantitatively driven and able to program in multiple languages? Do you have the ability to visualize data for senior leaders?

If you answered yes to all of these questions, then read on to learn more about the Asset Management team at Scout Clean Energy.

What does our renewable energy Asset Management team do?

Excellence in asset management enables us to deliver on our commitments to our customers, partners, and investors. This service-oriented team combines on-the-ground expertise with analytical insights to inform data-driven decisions about all aspects of operating renewable energy facilities.

Asset management spans a wide range of activities that are all directed toward the same goal : maximizing the profitability of our operating renewable energy generation plants. Key functions within the team include the following :

• The Power and Energy Markets team cultivates an understanding of how energy markets work and how we translate it into revenue and profit through day-ahead scheduling, energy price formation and congestion analysis.
• Asset Managers and Analysts are responsible for the plants' financial performance, contractual obligations and regulatory compliance. They apply data driven decision making to ensure investment criteria are met.
• The Engineering and Technical Services team combines big data with engineering expertise to ensure optimal up-time availability of our operating projects, maximizing the production of the facilities and protecting the physical integrity of the assets.
• Real-Time Operations Together, our on-site Facility Operations staff and the Remote Operations Center teams ensure safe, compliant, and effective operations of our operating renewable energy facilities.

Our Asset Management team is growing substantially this year, as we are bringing a new facility online, expanding our portfolio to 5 operating wind farms. You will report to a Senior Asset Manager, you will interface frequently with all other groups within the Asset Management team, and you will collaborate closely with the corporate Accounting team.

What will the FP&A Analyst do?

FP&A Analysts are critical to making renewable energy a profitable and therefore viable source of energy for our country. You will join a team of other specialized analysts in our Boulder, Colorado, office who mine our extensive databases for insights to improve our wind facilities' operating efficiency. The Asset Management Financial Analyst will focus on the financial aspects of our operations revenue from predictable as well as market-based sources, operating expenditures, and capital expenditures. Your scope will include creating budgets and forecasts, measuring the performance against them, and improving our forecasting methods in the future.

As Scout's FP&A Analyst, you will make a lasting impact on Scout's operations. You will support the development of processes, procedures, and reports that improve our team's efficiency and profitability. You will maintain and improve the infrastructure (i.e., programming / coding) that drives efficiency and accuracy in reporting. You will create a set of proven practices and will set a high bar that helps every future Financial Analyst succeed.

No two weeks will look the same, but here are a few examples of what you may encounter during an average week at Scout :

To be more specific, key outputs of your analysis will include monthly cash flow forecasts and cash available for distribution, deferred contribution payments (PayGo's) from tax equity investors, updating hypothetical liquidation and book value (HLBV) models, and creating nodal pricing models. You may or may not have worked with these terms in the past; if you have, it is a plus, but this is also something you can learn on the job.

Why is Asset Management a great place to launch a career in renewable energy?

FP&A Analysts build their understanding of renewable energy generation based on data derived directly from the wind and solar plants themselves. Plant operations are the heart and soul of a renewable energy firm's business, and FP&A Analysts help optimize their profitability. You will develop a high-level understanding about what is physically happening at the facility as well as a more detailed understanding of the related cash flows. This combination of knowledge prepares Asset Management Analysts for roles in asset management, commodity trading, development, transmission, and project finance, among others.