Senior Manager, Asset Management

Job Description

Reporting to the Director, Asset Management, the Senior Manager will serve as a member of a team responsible for the commercial management of more than 4,000 MW of utility-scale wind and solar power projects located across 16 states. The Senior Manager will maximize the value of existing assets, play a key role in growth initiatives, and mentor more junior team members.

If you don't meet 100% of the qualifications below but see yourself contributing, please submit your resume.

What You'll Be Doing

P&L Management

• Manage the P&L and cash position for all generating assets within the assigned portfolio.
• Review monthly operational performance and financial variance reports. Investigate and remedy any variances to the budget.
• Review gross margin performance and work with the energy data analytics group to explain variances due to market conditions and to develop strategies to maximize value.
• Develop annual project budgets and update monthly accrual and cash forecasts and financial models as needed.
• Perform financial analyses, project evaluations, and due diligence to make recommendations in support of plant optimization, performance improvement, warranty claims, insurance claims, and revenue recovery.
• Initiate and/or support major projects, divestitures, capital investment, refinances, and revenue enhancement proposals.
• Negotiate and/or amend project company agreements to improve asset performance or mitigate risk.

Project Company Administration, Compliance, & Reporting

• Ensure all project obligations and interests are successfully administered under project agreements and resolve any contractual issues with counterparties.
• Ensure general business-related licenses, permits, and regulatory requirements, reporting, and transactions with regional authorities, banks, governing, and other external parties are successfully managed.
• Serve as a main point of contact with PUCs, ISOs, city, county, and state authorities and governing boards with respect to assigned assets.
• Manage monthly lost output and guaranteed energy production status per applicable offtake requirements.
• Monitor and administer renewable energy credit obligations under various offtake contracts.
• Prepare reports and presentations for project stakeholders as required.

Project Integration

• Support the development of information sharing platforms and work management systems, including populating such systems with historical records and archiving of documents.
• Interface with business development, finance, and construction management teams to ensure smooth transition of projects into commercial operation.

What You'll Bring

• 7+ years of energy industry experience in project development, project administration, business administration, project management, asset management, contract administration, deal execution, project finance, or other commercial roles.
• Bachelor's degree in Engineering, Finance, Business, Economics, or related field.
• Strong business and financial savvy with the ability to support a high-performance organization that will deliver operational excellence and meet or exceed financial targets.
• Ability to perform well under pressure on teams in a demanding environment, and occasionally work extended hours to meet project deadlines.
• Ability to think creatively, manage competing priorities, work independently, and pay attention to detail.
• Excellent written and verbal communication skills and an ability to communicate complex issues in a clear and concise manner.
• Self-motivated, highly organized, and detail-oriented.
• Proficiency with Microsoft Office products, including Excel, PowerPoint, and Word.
• If you don't meet 100% of the above qualifications but see yourself contributing, please submit your resume.

What Would Be Nice

• MBA is highly desirable.
• Experience working in the renewable energy industry is highly desirable.
• Business analytic skills are highly desirable.

Clearway will not sponsor non-immigrant visas for this position (H-1B, TN, E-3, etc.).

The pay rate for the successful candidate will depend on geographic location, skills, relevant and demonstrated experience, education, training and certifications, and other factors permitted by law. This role is eligible to earn an annual cash bonus, subject to personal and company performance goals.

Salary Range Across all U.S. Locations

$145,000 - $180,000 USD

Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway's operating fleet generates enough reliable electricity to power more than 3 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Our Commitment to Diversity, Equity, & Inclusion Clearway Energy Group's vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.8 GW of flexible dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway's operating fleet generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Working at Clearway, Hybrid Together Here at Clearway, we're committed to balancing flexibility while fostering strong relationships with our teammates. We do this by prioritizing new hires based near one of our offices in San Francisco, San Diego, Scottsdale, Houston, Denver, & Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays & Thursdays to collaborate & learn, build community, get to know one another, & enjoy company-provided meals & events.

Clearway Energy is an equal opportunity employer that values a broad diversity of talent, knowledge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities for our Military & Veterans.

What We Provide Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit Benefits Website.

Notice to Applicants Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances, and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] and let us know the nature of your request and your contact information.

Notice to California Applicants Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees.