Director, Commercial Asset Management
CleanCapital•New York, NY
•$170,000 - $230,000•Hybrid
About The Position
CleanCapital is seeking a Director of Commercial Asset Management to build and lead the commercial asset management function for its growing portfolio of distributed generation (DG) solar and battery storage assets. This role will have commercial P&L accountability, managing revenue performance, budgeting, and variance management. The Director will also oversee counterparty relationships, contracts, and compliance obligations, working collaboratively with Technical Asset Management, Accounting, and Treasury/Finance. The ideal candidate is AI-curious and forward-thinking, actively integrating AI tools into their professional routine.
Requirements
- Bachelor's degree required.
- Proven AI literacy, including understanding AI strengths, limitations, and ethical considerations.
- 7+ years in commercial asset management, contract administration, or portfolio management within renewable energy, specifically Distributed Generation (DG) solar and BESS.
- Direct experience with PPAs, offtake agreements, or lease/easement structures in solar, storage, or another distributed energy asset class.
- Experience owning a budget and being measured against variance to plan, ideally across a multi-site or multi-entity asset base.
- Strong analytical, organizational, and problem-solving skills.
- Entrepreneurial mindset with the ability to take ideas and run with them from concept to conclusion.
- Technical understanding of clean energy business processes.
- Exceptional verbal and writing communication skills with superiors, peers, partners, and other stakeholders.
- Excellent interpersonal skills while managing multiple priorities in a fast-paced and ever-changing environment.
- Excellence in Microsoft Office (Word, Excel, PowerPoint).
Nice To Haves
- MBA or equivalent experience a plus.
- Experience with property tax administration, SREC markets, and/or renewable energy incentive compliance strongly preferred.
Responsibilities
- Hold commercial P&L accountability for the portfolio, owning revenue performance, annual budget development, and variance review against plan.
- Lead annual operating budget development and ongoing variance review for the commercial asset base.
- Serve as the primary financial and commercial escalation point when cost trends (O&M, capex timing) threaten margin, revenue, or covenant compliance.
- Deliver monthly/quarterly variance reporting to the COO, identifying root causes and corrective actions for material deviations from plan.
- Conduct distribution review, ensuring cash distributions align with waterfall terms, DSCR compliance, and Watch List protocol status.
- Manage offtake agreements, PPAs, and lease/easement compliance across ~350+ sites, including tracking key contractual milestones, escalations, and renewal windows.
- Lead revenue assurance efforts, identifying and resolving billing discrepancies, disputed accounts, and counterparty non-performance in coordination with Legal.
- Manage community solar subscriber managers and ensure accuracy of reporting.
- Manage SREC contracting and ongoing compliance across applicable state programs.
- Own property tax oversight across the portfolio in coordination with third party advisors.
- Support corporate compliance requirements.
- Serve as the primary point of contact for counterparty relationship management — offtakers, landowners, utilities, subscriber managers, and various third parties.
- Partner with Technical Asset Management and Accounting to reconcile performance shortfalls (e.g., P50 vs. actual generation) against contractual and lender obligations.
- Explore cost saving measures (O&M, insurance, property tax, etc.) and revenue enhancing opportunities (refinancing opportunities in coordination with Investments; offtake extensions, BESS retrofitting and repowering in coordination with Growth and Technical Asset Management).
- Support debt compliance workstreams and Watch List protocol items that touch commercial terms.
- Explore avenues to expand our land stewardship practices (sheep grazing, agrivoltaics, etc.) and community engagement strategies.
- Build out a scalable operating structure for portfolio commercial oversight as the fleet scales toward 1.5GW.
- Research and onboard enhanced compliance and reporting tools as necessary.
- Hire and develop a team as portfolio complexity and headcount needs grow.
Benefits
- Opportunity to join a top-notch, collaborative team of professionals
- Fantastic team environment and collaborative culture
- Professional development opportunities to grow into an industry leader
- 100% paid for single and family benefits
- 401k matching program
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What This Job Offers
Job Type
Full-time
Career Level
Director
