Manager/Sr. Manager - Portfolio & Asset Management (Power Plants)

Abacus Search Staffing
Los Angeles, CA
$135K-$150K a year
Full-time

Purposes : Supporting portfolio and asset commercial management for power plant / Battery storage assets owned and operated by Company.

Responsibilities : Under the direction of the Director Portfolio & Asset Management, working closely with coworkers from Portfolio & Asset Management, Accounting, and Finance functions.

The person will be responsible to support the following activities :

  • Invoicing & reconciliation : Support in preparing and reconciling monthly invoices to various counterparties.
  • Budget control & reporting : Support in preparing annual budgets, proforma, presentations, monthly asset manager reports, monthly reports to shareholders.
  • Regulatory issues : Support the oversight and compliance of all projects permits and licenses. Support Legal in FERC’s registration of management changes.
  • Contracts control : Update and monitor the existing and new Resource Adequacy agreements, Power Purchase Agreement, Gas Purchase agreements, Insurance, Energy Management Agreement, and others.
  • Financial affairs : Support in controlling the project’s finance / credit agreements documents and obligations, letter of credit / collateral / parents guarantee etc.
  • Plant operational issues : Support plant operational issues such as forced outages, unplanned outages, unbudgeted expenses, analysis of financial impacts and others.
  • Merchant project monitoring and risk control : Review merchant power plant asset data and update monthly earnings projection.

Support merchant risk discussion with project partners.

Job Requirements

  • Bachelor’s degree in engineering or science, finance, economics, accounting, or related field.
  • Highly proficient in Excel, PPT, and Microsoft Office products.
  • Experience in managing complex financial models using excel.
  • Familiarity with project documents of operating assets / project companies etc.
  • Good written and verbal communication skills, as well as analytical, problem solving, organizational and time management skills.
  • Self-starter and proactive in making continuous improvements with motivation to learn.
  • Experience within the electric power generation industry including asset management or operations roles is preferable.
  • 30+ days ago
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