Asset Management Associate (Onsite)
About The Position
Longroad Energy is a Boston, MA headquartered renewable energy developer focused on the development, ownership, and operation/asset management of wind and solar energy projects throughout North America. Founded in 2016, Longroad owns 4.5 GW of wind and solar projects across the United States in addition to operating and managing a total of 6.2 GW of wind and solar projects on behalf of Longroad and third parties. Our vision is to create lasting value for our shareholders, communities, and employees by responsibly developing, owning, and operating renewable energy projects. We have assembled a world-class team with a passion for renewable energy innovation and a commitment to developing renewable projects throughout the US. Reporting to the Senior Director, Commercial Asset Management, the Asset Management Associate is a valued contributor to a close-knit team that is responsible for the management and the financial performance of a renewable energy portfolio. The broader asset management team is responsible for managing a growing 6 GW portfolio of solar, wind, and battery-storage assets. The role provides an opportunity to gain exposure to all facets of the renewable energy industry and to grow within the asset management team. The asset management team at Longroad values a strong understanding of renewable energy operations and the interest in working with a team to optimize performance. We value individuals that are capable of leading a team with an inclusive and humble approach. Someone with a background in engineering, finance, performance analytics, or renewable energy operations would be a good candidate for the associate position. In addition to working with the Senior Director, the associate will work directly with the site operations teams, a project engineer, a project accountant, financial planning, treasury, and additional asset managers.
Requirements
- Bachelor’s degree in finance, engineering, accounting, business, or equivalent.
- Minimum of 1 year of experience in renewable energy, power generation, finance, accounting, engineering, or performance analytics.
- Strong time-management skills with the ability to manage multiple priorities and meet deadlines.
- Proficiency in MS Office.
- Strong analytical, writing, and communication skills.
- Willingness to learn and leverage new tools, including data analytics, and AI-enabled workflows to improve efficiency.
- Strong qualitative and quantitative analytical skills, with the ability to manage multiple issues simultaneously and clearly articulate key principles, concerns, and solutions to drive effective resolution.
- Ability to travel periodically to project sites and provide schedule flexibility when business needs require.
- Cover Letter preferred
Nice To Haves
- Experience with renewable energy operations.
- General knowledge of the technical operation and performance of power projects. Gaining field experience observing technicians performing maintenance and repairs will be a part of the Associate’s first year in the role.
- Experience reviewing contracts.
Responsibilities
- Support Senior Director, Commercial Asset Management on all required portfolio tasks to ensure assets complete all compliance requirements.
- Maintain all portfolio files and records in the Longroad file repository.
- Complete all EIA and FERC filing requirements under direction of Director, Commercial Asset Management.
- Manage REC registrations, ownership updates, and transaction execution.
- Manage land-lease payment schedule in coordination with the Real Estate and accounting teams.
- Assist with annual budgeting and ongoing financial forecasting for operating and development-stage projects.
- Support the monthly financial performance (EBITDA) review process.
- Perform ad-hoc financial analysis to evaluate project investment opportunities
- Maintain files with running accounts of various parameters that are key indicators for the asset management team (e.g. costs, generation, RECs, etc.)
- Partner with Operations and Engineering teams to monitor site performance and identify trends or risks.
- Respond to internal and external data requests, ensuring accuracy and consistency.
- Support the asset management and operational onboarding of developed and acquired projects.
- Partner with the treasury team to ensure complete and timely debt and vendor payments.
- Lead monthly operational and financial reporting.
- Develop data dashboards to monitor site performance, trends, and decision-making.
- Research ISO markets, resource adequacy structures, and evolving energy market requirements to inform asset strategy.
Benefits
- health, vision/dental insurance
- flexible spending accounts
- 401(k) plan
- accrued paid time off
- life insurance and disability coverage
- opportunity for merit-based salary increases
- incentive plan participation
- eligibility for our 401 (k) plan and matching
- comprehensive medical, dental, vision, life, and disability insurance
- Our robust time-off policy includes accrual of 18 vacation days in your first year, paid holidays, and paid volunteer time
- paid parental leave
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
