Asset Management Analyst or Senior Asset Management Analyst

Terra- Gen Operating Company • New York, NY

14h • $95,000 - $105,000 • Hybrid

About The Position

SUMMARY 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.

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.
• Bachelor's degree in Business, Mathematics, Economics, Finance, or Engineering.
• At least 2 years of work experience in the California, Texas, and/or New York energy sector, preferably managing solar, wind, and/or battery assets
• Experience onboarding of greenfield renewable and/or battery projects in California, Texas, and/or New York
• Experience with various forms of offtakes including unit-contingent power purchase agreements (PPAs), fixed quantity swaps, contracts for differences, BESS tolling, Index Plus, and Virtual PPAs.

Responsibilities

• 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.

Benefits

• Terra-Gen provides a comprehensive benefits package that promotes employee ownership, employee health, performance, and success, which includes medical, dental, vision, short and long-term disability, life insurance, an employee assistance program, paid time off, paid holidays, and 401(k) retirement savings plan with employer match.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees