Asset Manager

Job Description

GridStor is looking for an experienced Asset Manager with strong operational expertise to join our growing company. This role is responsible for day-to-day operational oversight of assets, including plant performance, O&M contract management, outage coordination, compliance, and lifecycle cost optimization. The Asset Manager will act as the owner's representative for all project matters, ensuring safe, reliable, and cost-effective operation of GridStor's portfolio while maximizing availability, revenue, and long-term asset value. This position works closely with internal field services, commercial, engineering, and finance teams, as well as external O&M providers, OEMs, and regulators.

The Asset Manager will have a unique opportunity to join a high impact team and gain a wide range of exposure to energy storage projects.

Key Responsibilities

• P&L Management
  • Closely monitor operational performance by reviewing O&M and plant performance data
  • Partner with commercial team to maximize revenues while managing operational risk
  • Track financial performance, investigate, and address variances to budget
  • Help develop annual project budgets and cash forecasts
  • Perform financial analyses in support of plant optimization, performance improvement, warranty and insurance claims, and revenue recovery
  • Coordinate and approve any outages ensuring safety, regulatory compliance, and minimization of lost revenues
• Project Company Administration, Compliance, & Reporting
  • Ensure continuous compliance with all project contracts, permits, local tax obligations, and regulatory requirements
  • Make all regulatory filings as required (EIA, EQR, etc.)
  • Prepare project reports and presentations for project stakeholders as required
  • Control and manage project document organization and retention
• Project Integration
  • Interface with development, engineering, and construction teams to ensure smooth transition of projects into commercial operations
  • Lead operational readiness and handover processes, including documentation, procedures, spare parts, and training
  • Identify, design and implement improvements to asset management, O&M oversight and project handover processes
• Community & Project Stakeholder Engagement
  • Foster strong working relationships with project stakeholders, local community, and regulatory agencies

Qualifications & Competencies

• Education: Bachelor's degree in business administration, engineering, finance or law.
• Experience: A minimum of 3+ years of energy industry experience in asset management, O&M, operations engineering, contract administration, or similar role.
• Experience with energy storage or renewable energy is highly preferred.
• Experience with ERCOT and/or CAISO is highly desirable.
• Location & Availability: Must be able to work a standard 40-hour workweek. Ability to occasionally travel within the US to company or project locations
• Organizational Skills: Exceptional analytical and organizational abilities with keen attention to detail. Capable of managing multiple tasks simultaneously in a fast-paced environment and seeing delegated projects through to completion.
• Adaptability: Ability to be agile and flexible, readily taking on tasks outside the typical scope of the role as needed.
• Confidentiality: Proven ability to handle highly confidential information with utmost discretion.
• Integrity & Judgment: Strong track record of excellent judgment and integrity in previous roles.
• Technical Proficiency: Advanced proficiency in the Microsoft Office suite and Teams.
• Ability to read and interpret complex agreements and regulations
• Understanding of energy regulation, performance metrics, and O&M concepts
• Communication Skills: Excellent verbal and written communication skills.
• Problem-Solving: Adaptable, with the ability to prioritize tasks effectively and approach challenges with a creative, proactive mindset.
• Team Orientation: Highly motivated to support and collaborate with team members, contributing to collective success.

Compensation and Benefits

• GridStor offers an attractive Total Rewards package, including:
  • Competitive base salaries commensurate with experience with an annual cash bonus (based on Company and individual performance)
  • Generous paid leave
  • Employee participation in Long Term Incentive Plan
  • Comprehensive benefits package including medical, dental, vision, life, and disability insurance, including coverage for domestic partners and eligible domestic partner children
  • HSA/FSA for participating employees
  • 401(k) plan with company match and immediate vesting
  • Continuing education and professional development
  • Cellphone reimbursement, hybrid work environment, healthy snacks, volunteer opportunities, company outings, and more.

Company Operating Principles

GridStor's Operating Principles represent who we are, how we work, and what we believe.

• We Collaborate. We believe trust is given, not earned. We honor each other's zone of genius and seek to challenge ideas, not each other. We listen to each other's points of view and work hard to find the better solution. We are one team.
• We Are Humble. We like hard work, but don't make work hard. We know we have a lot to learn and never grandstand or take up all the space in the room. We are kind. We are welcoming. We are inspired by our mission to decarbonize the grid.
• We Create the Future. We are curious. We go deep, search for the best idea, and then move fast. We always focus on the few things that matter most. We know there will be setbacks, so we show up every day ready to learn and be better, together.
• We Show Up for Each Other. We keep each other fully informed. We seek to understand. We coach, we don't blame. We share our points of view and seek to make each other better every day. We believe everyone creates culture in every moment, every day.
• We Do Hard Things. We view challenges as opportunities. We are resilient. We are all owners, and we act like it. We understand change requires taking risks and we push ourselves and our partners. We do what is right as opposed to what might be best for any one of us.