Hybrid Asset Management Analyst, Senior

at TerraGen Solar

• Job title: Asset Management Analyst, Senior
• Job type: Full Time
• Experience level: Senior
• Salary: $95,000 - $105,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, New York City, United States

About the role

• Asset Management Analyst responsible for managing energy assets and optimizing financial performance for Terra-Gen. Collaborating with cross-functional teams to support project portfolios and compliance obligations.

Responsibilities

• The Asset Management Analyst is responsible for a wide range of activities aimed at managing and optimizing energy assets and their underlying P&L and supporting the Asset Management team.
• Support development and review of annual budgets for the project portfolios
• Perform monthly variance analyses
• Provide input and review of the pro-forma financial models for generation assets
• Author reports on project performance for investors and lenders
• Assist in cash flow forecasting and management
• Perform financial analyses of offtakes to determine optimization opportunities
• Develop other ad-hoc economic analyses as needed
• Identify and implement opportunities to optimize projects and budgets
• Provide support with partners, as applicable, including commercial, operational, and financial reporting and optimization
• Develop analysis and reporting tools, dashboards, and KPIs using PowerBI or similar tools
• Collaborate with the operations engineering team to evaluate and improve operational performance and quantitatively justify economics.
• Coordinate with project O&M staff and vendors for performance optimization
• Participate in daily operation calls on assigned assets
• Support commercial operations including net position management on energy, RECs, and resource adequacy
• Ensure compliance with regulatory requirements and project agreements with high accuracy
• Maintain compliance with obligations for:
• Power Purchase Agreements
• Interconnection Agreements
• Operating Agreements
• Credit Agreements
• Operations and Maintenance Agreements
• Land Agreements
• Warranty Agreements
• Support internal and external stakeholders and Operations on all insurance claims including site visits and inspections, root cause analysis, and the calculation and negotiation of claim settlements.

Requirements

• Experience managing contracts and understanding market rules in any of CAISO, NYISO, ERCOT, MISO and PJM.
• Excellent analytical and critical thinking skills with the ability to identify and solve complex problems paired with strong written and verbal communication skills
• Ability to drive collaboration with cross-functional teams
• Experience with renewable energy assets financed through tax equity and debt structures
• Demonstrated proficiency in Microsoft Excel, Word, Teams, PowerBI and PowerPoint
• Experience with standard financial metrics and analyses (NPV, IRR, DCF models)
• Approx. 10% Travel via airline and auto required to project sites and various corporate offices (NYC, San Diego, Reno), various stakeholders including offtakers, CEC, CAISO, ERCOT, major contractors/vendors, etc.

Benefits

• medical
• dental
• vision
• short and long-term disability
• life insurance
• employee assistance program
• paid time off
• paid holidays
• 401(k) retirement savings plan with employer match