Manager, Asset Management

Pattern Energy Group•Houston, TX

1d•Hybrid

About The Position

Pattern Energy is an independent, fully integrated energy company that develops, constructs, owns and operates renewable energy projects and transmission assets across North America, Canada and parts of Latin America. The company focuses primarily on wind and transmission, with limited investments in other generation technologies. The Pattern Energy team has a history as one of the top North American renewable energy and transmission providers in the industry. The team is dedicated to delivering the highest value for its customers, partners, financial supporters, and the communities in which it works, while exhibiting a strong commitment to promoting environmental stewardship and corporate responsibility. Pattern Energy operates in the United States and Canada, with offices in San Francisco, Houston, San Diego, New York, Colorado, and Toronto. Pattern Energy Group's corporate headquarters are in San Francisco.

Requirements

A bachelor’s degree in business, engineering or a related field is required.
A minimum of 3 years of experience in commercial management and/or financial analysis with at least one year experience in energy assets.
Critical thinker with strong analytic and problem-solving skills.
Ability to read, understand and implement project agreements.
Strong learning skills and the ability to independently research, understand, and implement knowledge in new areas.
Exceptional communication and interpersonal abilities.
Ability to work seamlessly across a wide range of disciplines within and outside the group and the company to achieve project objectives.
Strong motivation and ability to work with little supervision or guidance.
Ability to travel (up to 15%)

Nice To Haves

Working level knowledge of financial models.

Responsibilities

Apply comprehensive commercial and market understanding of the businesses in assisting in the daily management and operations of our US assets (excludes ERCOT and New Mexico assets) in coordination with the Director of Asset Management, Regional Directors and Facility Managers, Performance Management, Energy Management, Accounting, Finance, Tax, Insurance and other key functions of the company.
Assist, guide, and at times lead subject matter experts to manage all commercial aspects of the assets effectively, while ensuring compliance with all project agreements, regulatory and legal requirements.
Apply critical thinking and strong analytical skills, to help assess the strategic fit of our assets, and identify opportunities for value creation, including through repowers, restructurings and M&A transactions.
Utilize knowledge and understanding of project documents, finance, environmental, regulatory, tax, insurance and other key aspects of the business, the Senior Associate proactively inserts herself/himself as the point person with respect to day-to-day routine commercial and financial considerations.
Interact with groups across all areas of the company and key external counterparties in the performance of his or her job.
Take initiative to drive value accretive positive outcomes for the project as well as to respond to requests.
Report to the Director to keep him or her apprised.
Understand asset valuations both short-term and long-term, including opportunities for cash optimization.
Prepare annual budgets, forecasts, and variance analyses, as well as conducting reviews of financial models and providing valuation guidance as applicable.
Prepare accurate monthly reports for key external stakeholders, coordinates with Portfolio Finance to address requests from financial partners, including Preferred Equity, Tax Equity, Equity Partners, and lenders.
Assist with preparation of compliance reports.
Lead routine commercial matters with PPA counterparties and assists Director with more complex PPA contract issues, including providing guidance to or seeking advice from Revenue Accounting, Legal, Tax, Procurement, or other areas of the company.
Proactively look for threats to and opportunities for assets or proposed projects and executes on them with guidance and support from the Director.
Track progress via the Threats & Opportunities tool.
Work closely with the Director to organize biannual asset meetings on a rotational basis aimed at discussing strategic considerations for the assets.
Assist or lead special projects as needed, such as M&A transactions, transition of new projects from development and construction to operations, process improvement projects, or asset value enhancement projects including repowers and commercial restructurings.