Associate, Asset Management

DiscoverEE; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Pattern Energy seeks an Asset Management professional to support compliance, budgeting and financial analysis for its wind farm fleet. You will review commercial contracts, manage compliance databases, and collaborate with insurance, tax, legal, and finance teams to optimize operational assets.

The role requires a bachelor’s degree in business or engineering (MBA preferred) and at least three years in energy asset management. Travel up to 15% and strong communication skills are essential.

Qualifications

• Bachelor’s degree in business, engineering or related field is required. MBA preferred.
• Three years of experience in the commercial development or management of energy assets.
• Strong communication and interpersonal skills.
• Ability to work with little supervision/guidance.
• Ability to read, understand and implement legal contracts.
• Understanding of power market operations inside/outside organized markets.
• Ability to travel up to 15%.

Responsibilities

• Review and ensure compliance with key commercial contracts for operating assets and development project agreements.
• Populate and manage the compliance database for operating assets with periodic updates and assessments.
• Support business services across operating assets with IT, procurement, finance and other departments.
• Assist with regulatory filings and understand regulatory implications for the business.
• Research ISO market rules and disseminate findings within Asset Management/Operations.

Skills

Strong communication

Interpersonal skills

Self-motivation

Research abilities

Cross-disciplinary collaboration

Contract reading

Education

Bachelor’s degree in business/engineering

MBA preferred

Job description

Overview

COMPANY OVERVIEW

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 and Toronto.Pattern Energy Group's corporate headquarters are in San Francisco.

Responsibilities

JOB PURPOSE

Support Asset Managers in providing compliance, commercial, and financial management services for Pattern’s fleet of operating wind farms.

Key Accountabilities

The key responsibilities will include the following:

Contract Management & Compliance

• Reviewing and ensuring compliance with key commercial contracts for operating assets and reviewing development project agreements.
• Populating and managing the ongoing maintenance of the compliance database for operating assets by ensuring periodic updates, compliance assessments, and compliance implementation.
• Providing business services for operating assets, including interfacing with Pattern insurance, tax, legal, accounts payable, finance, IT, procurement, etc.
• Supporting the regulatory compliance function, including assisting with the submission of filings to regulatory agencies (FERC, EIA, PUC, etc.) and understanding the implication of regulations on the business.
• Researching and understanding ISO market rules impacting operational assets, assessing new or changing market design regulations, and disseminating findings to relevant parties within Asset Management/Operations.

Financial Analysis, Budgeting & Reporting

• Providing financial planning and analytics for Asset Management/Operations, including monthly analysis of revenue impacts, operating expenses, plant improvements, contract amendments, and other business-related impacts.
• Collaborating in the annual budget preparation process, including incorporating inputs and standardizing budget assumptions across the fleet.
• Participating in periodic budget reviews to update budgets and identify areas for optimization and cost savings.
• Preparing summaries of fleet budgets and actual spending that align with accounting records to enable tracking and comparing of historical results.
• Supporting Asset Management/Operations reporting activities including Executive Management reviews, monthly project reports, and other reporting activities as required.

Operations Transition

• Supporting the commercial transition from Development/Construction to Operations for new projects.
• Participating in Asset Management/Operations group start-up activities of new projects including pre-COD mobilization, commercial contract administration, regulatory, and ISO compliance.
• Populating the compliance database for new project implementation.

Special Projects

• Assisting Asset Managers in special projects.

Qualifications

EXperience/Qualifications/Education Required

Educational Experience

A bachelor’s degree in business, engineering or a related field is required.MBA preferred.

Required Work Experience

Three years of experience in the commercial development or management of energy assets.

Additional Requirements

Must possess strengths in the following:

• Strong communication and interpersonal skills.
• Strong motivation and ability to work with little supervision or guidance.
• Strong learning skills and the ability to independently research, understand, and implement knowledge in new areas.
• Ability to work seamlessly across a wide range of disciplines both within and outside the group and the company to achieve project objectives.
• Ability to read, understand and implement legal contracts.
• Ability to understand technical operational matters and translate them to commercial and financial analyses and decision making.
• Understanding of power market operations inside and outside of organized markets.
• Ability to travel (up to 15%).