Power Plant Portfolio and Asset Manager

Location: Los Angeles, CA

Purpose:

This position involves providing support for the commercial management of power plant and battery storage assets owned and operated by the company.

Responsibilities:

Under the guidance of the Vice President/Director of Portfolio & Asset Management, the individual will closely collaborate with colleagues from the Portfolio & Asset Management, Accounting, and Finance departments. The key responsibilities include:
  • Invoicing & reconciliation: Assisting in the preparation and reconciliation of monthly invoices to various counterparties.
  • Budget control & reporting: Assisting in the preparation of annual budgets, proforma, presentations, monthly asset manager reports, and monthly shareholder reports.
  • Regulatory issues: Assisting in overseeing and ensuring compliance with all project permits and licenses. Collaborating with the Legal team in managing FERC registration of management changes.
  • Contracts control: Updating and monitoring existing and new agreements such as Resource Adequacy agreements, Power Purchase Agreements, Gas Purchase agreements, Insurance, and Energy Management Agreements.
  • Financial affairs: Assisting in managing the project's finance/credit agreements, documents, obligations, and guarantees.
  • Plant operational issues: Providing support for plant operational issues including forced outages, unplanned outages, unbudgeted expenses, and analyzing financial impacts.
  • Merchant project monitoring and risk control: Reviewing merchant power plant asset data and updating monthly earnings projections. Supporting merchant risk discussions with project partners.

Job Requirements:

  • Bachelor's degree in engineering or science, finance, economics, accounting, or a related field.
  • High proficiency in Excel, PowerPoint, and Microsoft Office.
  • Experience in managing complex financial models using Excel.
  • Familiarity with project documents of operating assets/project companies, etc.
  • Strong written and verbal communication skills, as well as analytical, problem-solving, organizational, and time management skills.
  • Self-starter with a proactive approach to continuous improvement and a strong motivation to learn.
  • Preferably, experience within the electric power generation industry, including asset management or operations roles.
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