ABOUT AVANTUSAvantus is shaping the future by making reliable, low-cost clean energy a global reality. Our legacy of leadership in next generation solar energy includes developing one of the nation’s largest solar clusters and one of the first projects to beat fossil fuel prices back in 2016. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing millions of people with affordable, zero-emission energy – day and night. Through our relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us. ABOUT THE POSITION:The Sr. Director, Asset Management will be responsible for managing P&amp;L and commercial contracts of multiple utility-scale solar PV projects currently operational, and additional PV and PV+Storage assets that Avantus owns in our portfolio moving forward. ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:This role is responsible for developing and executing profit maximization strategies for contracted assets, as well as managing the future hedging and trading of merchant assets. The position requires regular interaction and coordination with various stakeholders to optimize asset performance and ensure strategic alignment. Additionally, the role involves coordinating across the organization to facilitate the seamless onboarding of new assets and implementing asset optimization strategies to enhance operational efficiency and financial returns.<ul><li>Oversee and project manage all technical and financial aspects of operational projects for growing portfolio of projects.</li><li>Manage asset performance reviews, forecasting, budgeting, and reporting the profitability of the assets on a monthly basis. Prepare executive presentations as required.</li><li>Coordinate and manage asset needs and deliverables across internal SMEs, external 3rd party contractors, and key external stake holders related to performance and operational considerations, project contractual obligations, and vendor and project warranties and guarantees.</li><li>Support development of asset management strategy and growth, helping to establish strong industry partners for O&amp;M, AM, and Energy Management/Trading Services for our portfolio of assets.</li><li>Responsible for day-to-day monitoring of plant conditions, plant and fleet operational performance, operations and maintenance of the physical assets, root cause analysis, project planning prior to operations, overseeing third-party vendors to ensure high level of service, and implementation of solar PV and energy storage best practices.</li><li>Ensure compliance with power purchase agreements, project debt and tax equity financing covenants, and FERC &amp; NERC reporting requirements.</li><li>Develop and execute project profit maximization strategies, coordinating with internal SMEs and external traders and marketers to maximize the asset value.</li><li>Perform shared facilities management role for current and future projects per terms of the co-tenancy and interconnection agreements.</li><li>Coordinate with internal Engineering, Construction, Finance, Accounting, Legal, and Energy Markets groups to ensure a seamless transition from construction to commercial operation of the assets, and as needed for asset profit optimization considerations.</li><li>Coordinate with technical teams to identify and implement asset improvement initiatives.</li><li>Monitor and analyze projects’ financial performance by tracking KPIs, expense and revenue variances, address variances, and offer recommendations for improvement.</li><li>Support regulatory and legislative initiatives in coordination with the trade groups and internal subject matter experts.</li><li>Support cross-functional teams in the resolution of material issues impacting the assets such as commercial disputes, warranty claims, environmental or regulatory violations, and tax matters.</li><li>Maintain close working relationships with partners, customers, financial institutions, regulatory agencies, and trade organizations.</li><li>Assist in the development of strategic business plans, mergers and acquisitions, restructurings, building relationships with off-takers, landowners, and local and state tax jurisdictions.</li></ul> REQUIRED SKILLS AND QUALIFICATIONS:<ul><li>Bachelor's degree in finance, engineering, or business. MBA, CPA, or CFA preferred.</li><li>At least 3 years in a similar role managing, operating, or maintaining renewable generation facilities.</li><li>Knowledge of various commercial structures in the power sector including power purchase agreements, tolls, various hedging structures, and merchant positions.</li><li>Familiarity with project finance, tax equity and capital structures.</li><li>Demonstrated ability to be self-motivated and perform job tasks independently in an unstructured remote environment with limited direction.</li><li>Ability to interact and communicate well with individuals in all areas of the company and outside stakeholders.</li><li>Demonstrated ability to consistently take the initiative to lead discussions around unresolved issues, ensuring clear direction and correct resolution.</li><li>Competency with process improvement, relationship building, written and verbal communication, and critical thinking.</li><li>Maintain the highest standards of conduct and integrity in all dealings inside and outside the organization.</li><li>Ability to professionally manage highly confidential and sensitive information.</li><li>Excellent organizational skills with attention to detail, accuracy, and timeliness.</li><li>Ability to work well under pressure with multiple competing deadlines.</li><li>Demonstrated advanced knowledge of Excel, Word, Power Point, and various other business applications.</li></ul> NICE TO HAVES:<ul><li>A minimum of 5 years of experience managing P&amp;L of generation assets.</li><li>Experience launching a new asset management group is highly desired.</li><li>Knowledge of various competitive and non-ISO markets.</li><li>Ability to identify, balance and resolve legal and commercial issues.</li><li>Comfortable in a fast-paced, growing company.</li><li>Detail-oriented and capable of driving multiple projects simultaneously.</li><li>Strong interpersonal skills, professionalism, and ability to work closely with cross-functional teams.</li></ul> #LI-Remote  <div><div><div>Avantus offers competitive compensation with an excellent benefits package, including 401(k) matching; comprehensive medical and dental plan options; and flexible PTO. We are an equal-opportunity employer. The typical US base salary range for this full-time position is listed below (plus bonus and benefits). Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus and benefits. </div><div>Pay Range</div><div>$182,538—$202,820 USD</div></div></div>

Avantus is shaping the future by making reliable, low-cost clean energy a global reality. Our legacy of leadership in next generation solar energy includes developing one of the nation&rsquo;s largest solar clusters and one of the first projects to beat fossil fuel prices back in 2016. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing millions of people with affordable, zero-emission energy &ndash; day and night. Through our relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us.

Sr. Director, Asset Management

ABOUT AVANTUSAvantus is shaping the future by making reliable, low-cost clean energy a global reality. Our legacy of leadership in next generation solar energy includes developing one of the nation’s largest solar clusters and one of the first projects to beat fossil fuel prices back in 2016. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing millions of people with affordable, zero-emission energy – day and night. Through our relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us.&nbsp;ABOUT THE POSITION:The Sr. Director, Asset Management will be responsible for managing P&amp;L and commercial contracts of multiple utility-scale solar PV projects currently operational, and additional PV and PV+Storage assets that Avantus owns in our portfolio moving forward.&nbsp;ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:This role is responsible for developing and executing profit maximization strategies for contracted assets, as well as managing the future hedging and trading of merchant assets. The position requires regular interaction and coordination with various stakeholders to optimize asset performance and ensure strategic alignment. Additionally, the role involves coordinating across the organization to facilitate the seamless onboarding of new assets and implementing asset optimization strategies to enhance operational efficiency and financial returns.<ul><li>Oversee and project manage all technical and financial aspects of operational projects for growing portfolio of projects.</li><li>Manage asset performance reviews, forecasting, budgeting, and reporting the profitability of the assets on a monthly basis. Prepare executive presentations as required.</li><li>Coordinate and manage asset needs and deliverables across internal SMEs, external 3rd party contractors, and key external stake holders related to performance and operational considerations, project contractual obligations, and vendor and project warranties and guarantees.</li><li>Support development of asset management strategy and growth, helping to establish strong industry partners for O&amp;M, AM, and Energy Management/Trading Services for our portfolio of assets.</li><li>Responsible for day-to-day monitoring of plant conditions, plant and fleet operational performance, operations and maintenance of the physical assets, root cause analysis, project planning prior to operations, overseeing third-party vendors to ensure high level of service, and implementation of solar PV and energy storage best practices.</li><li>Ensure compliance with power purchase agreements, project debt and tax equity financing covenants, and FERC &amp; NERC reporting requirements.</li><li>Develop and execute project profit maximization strategies, coordinating with internal SMEs and external traders and marketers to maximize the asset value.</li><li>Perform shared facilities management role for current and future projects per terms of the co-tenancy and interconnection agreements.</li><li>Coordinate with internal Engineering, Construction, Finance, Accounting, Legal, and Energy Markets groups to ensure a seamless transition from construction to commercial operation of the assets, and as needed for asset profit optimization considerations.</li><li>Coordinate with technical teams to identify and implement asset improvement initiatives.</li><li>Monitor and analyze projects’ financial performance by tracking KPIs, expense and revenue variances, address variances, and offer recommendations for improvement.</li><li>Support regulatory and legislative initiatives in coordination with the trade groups and internal subject matter experts.</li><li>Support cross-functional teams in the resolution of material issues impacting the assets such as commercial disputes, warranty claims, environmental or regulatory violations, and tax matters.</li><li>Maintain close working relationships with partners, customers, financial institutions, regulatory agencies, and trade organizations.</li><li>Assist in the development of strategic business plans, mergers and acquisitions, restructurings, building relationships with off-takers, landowners, and local and state tax jurisdictions.</li></ul>&nbsp;REQUIRED SKILLS AND QUALIFICATIONS:<ul><li>Bachelor's degree in finance, engineering, or business. MBA, CPA, or CFA preferred.</li><li>At least 3 years in a similar role managing, operating, or maintaining renewable generation facilities.</li><li>Knowledge of various commercial structures in the power sector including power purchase agreements, tolls, various hedging structures, and merchant positions.</li><li>Familiarity with project finance, tax equity and capital structures.</li><li>Demonstrated ability to be self-motivated and perform job tasks independently in an unstructured remote environment with limited direction.</li><li>Ability to interact and communicate well with individuals in all areas of the company and outside stakeholders.</li><li>Demonstrated ability to consistently take the initiative to lead discussions around unresolved issues, ensuring clear direction and correct resolution.</li><li>Competency with process improvement, relationship building, written and verbal communication, and critical thinking.</li><li>Maintain the highest standards of conduct and integrity in all dealings inside and outside the organization.</li><li>Ability to professionally manage highly confidential and sensitive information.</li><li>Excellent organizational skills with attention to detail, accuracy, and timeliness.</li><li>Ability to work well under pressure with multiple competing deadlines.</li><li>Demonstrated advanced knowledge of Excel, Word, Power Point, and various other business applications.</li></ul>&nbsp;NICE TO HAVES:<ul><li>A minimum of 5 years of experience managing P&amp;L of generation assets.</li><li>Experience launching a new asset management group is highly desired.</li><li>Knowledge of various competitive and non-ISO markets.</li><li>Ability to identify, balance and resolve legal and commercial issues.</li><li>Comfortable in a fast-paced, growing company.</li><li>Detail-oriented and capable of driving multiple projects simultaneously.</li><li>Strong interpersonal skills, professionalism, and ability to work closely with cross-functional teams.</li></ul>&nbsp;#LI-Remote&nbsp;&nbsp;<div><div><div>Avantus offers competitive compensation with an excellent benefits package, including 401(k) matching;&nbsp;comprehensive medical and dental plan options; and flexible PTO. We are an equal-opportunity employer. The typical US base salary range for this full-time position is listed below (plus bonus and benefits). Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus and benefits. </div><div>Pay Range</div><div>$182,538—$202,820 USD</div></div></div>

Sr. Director, Asset Management

About the Job

About the Company

Avantus

Similar Jobs

Manager / Director, Transactions & Finance

Manager / Director, Transactions & Finance

Investment Planning Manager/Senior Manager

Investment Planning Manager/Senior Manager

Commercial Operations Manager

Commercial Operations Manager

Assistant Construction Manager

Assistant Construction Manager

Senior Project Manager

Senior Project Manager

Manager, Asset Management

Manager, Asset Management

Director Asset Management

Director Asset Management

Operational Asset Manager

Operational Asset Manager

Vice President, Portfolio Finance

Vice President, Portfolio Finance

Asset Manager

Asset Manager