Manager, Asset Management (Hybrid)

What The Role Is
Reporting to the Director, Asset Management, the 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 Manager will maximize the value of existing assets, play a key role in growth initiatives, and mentor more junior team members.
What You'll Be Doing
P&L Management

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

Project Company Administration, Compliance, & Reporting

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

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

• 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 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, concise manner
• Self-motivated, highly organized, and detail oriented
• Ability to perform well under pressure on teams in a demanding environment and occasionally work extended hours to meet project deadlines
• If you don’t meet 100% of the above qualifications but see yourself contributing, please submit your resume.
• Bachelor’s degree in Engineering, Finance, Business, Economics or related field
• 5+ years of energy industry experience in a project development, project administration, business administration, project management, asset management, contract administration, deal execution, project finance or other commercial role
• Proficiency with Microsoft Office products including Excel, PowerPoint and Word

What Would Be Nice

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

Clearway will not sponsor nonimmigrant visas for this position (H-1B, TN, E-3, etc.).
What We'll Bring
About Clearway Energy Group
Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., we own and operate more than 8 gigawatts of renewable and conventional energy assets across the country. As we develop a nationwide pipeline of new renewable energy projects for one future, Clearway’s 6.9 gigawatts of operating wind, solar, and energy storage assets offset the equivalent of more than 10.5 million metric tons of carbon emissions for our customers today. Clearway Energy Group is headquartered in San Francisco with offices in Carlsbad, CA; Scottsdale, AZ; Houston, TX; Denver, CO and Princeton, N.J. For more information, visit clearwayenergygroup.com.
Our Commitment to Diversity, Equity, and Inclusion
At Clearway, we create a community that isn’t about being the same – it’s about building a team of unique individuals, with different backgrounds and skill sets, coming together to build something big and make a difference in the world.
Clearway is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and 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 and protected veterans to join the team. Clearway is a proud promoter of employment opportunities to our Military and Veterans.
Working at Clearway, Hybrid Together
Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships among our teammates. How do we do that? We prioritize new hires based near one of our offices in San Francisco, Carlsbad, Scottsdale, Houston, and Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays and Thursdays to collaborate & learn, build community, get to know one another, and enjoy company-provided meals and events.
What We Provide
The salary range for this position is $124,000 to $184,000 and is eligible to earn an annual cash bonus, subject to personal and company performance goals. 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.
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 our Benefits Website (https://benefitsatclearway.com/) .