Head of Asset Management

Morson Talent; Reading; Hybrid; GBP 100,000 - 120,000; Full time

Job summary

An established industry player is seeking a Head of Asset Management for their renewable energy projects. This role involves overseeing financial performance, managing risks, and ensuring compliance across a diverse portfolio of solar assets. The ideal candidate will possess a strong background in asset management, particularly within the renewable energy sector, and demonstrate exceptional skills in financial modelling and stakeholder management. Join a forward-thinking company dedicated to advancing sustainable energy solutions and make a significant impact in a rapidly growing field.

Qualifications

• 3+ years in asset management with a focus on renewable energy.
• Strong knowledge of solar technologies and performance metrics.

Responsibilities

• Monitor financial performance of solar assets and implement cost-saving measures.
• Ensure compliance with contracts and regulatory requirements.

Skills

Asset Management

Financial Modelling

Risk Management

Stakeholder Management

Renewable Energy Technologies

Problem-Solving

Communication Skills

Education

Bachelor's degree in Engineering

Master's degree (preferred)

Tools

Financial Analysis Software

Job description

Role: Head of Asset Management - Renewables

Location: Reading, Berkshire - Hybrid Working

Salary: Up to £120K Per Annum + Bonus

Client:

Our client are a leading IPP Developer with more than 15 years’ global experience in developing, designing, constructing, managing and operating ground-breaking renewable energy projects. They have a platform in place to hold its own portfolio of renewable projects and targets having over 500MW of projects under ownership by 2026. The company has one of the largest footprints of clean energy projects, has installed more than 17,000 solar systems, and currently has more than 300MWp under management. Additionally, they currently have a further 3GW+ in construction and development across the UK and Italy.

Due to increased demand and project success, they are looking for a Head of Asset Management to join their growing team.

Responsibilities:

Financial Management

• Track, report, and troubleshoot asset financial performance, including revenue generation, operating costs, and profitability.
• Administer offtake contracts (e.g. PPA, cPPA, CfD), ensuring compliance with contracts and notifying when fixed term contracts are due to expire.
• Collaborate with the Finance team on budgets, forecasts, and financial models for assigned assets.
• Identify and implement cost-saving opportunities while maintaining high performance standards.
• Ensure insurance policies are in place and maintained for operational sites, managing insurance claims when required.

Risk Management

• Identify and mitigate operational and financial risks associated with the solar asset portfolio.
• Develop contingency plans to address potential disruptions or underperformance.

Operational Oversight

• Monitor the performance of our solar assets to ensure optimal energy production and efficiency.
• Observe operations and maintenance (O&M) activities, ensuring in-house and external O&M teams are working to resolve issues.
• Develop and implement performance improvement plans in collaboration with O&M providers and other stakeholders.

Compliance and Reporting

• Ensure compliance with all contractual, environmental, and regulatory requirements.
• Prepare and present regular performance reports to internal and external stakeholders.
• Coordinate with legal and regulatory teams to address compliance issues or disputes.

Stakeholder Management

• Serve as the primary point of contact for senior management and off-takers regarding asset performance.
• Build and leverage vendor relationships, including O&M providers, consultants, and contractors.
• Collaborate with internal teams, including finance, operations, and business development, to achieve company objectives.

Qualifications & Experience:

• Bachelor's degree in engineering, renewable energy, business administration, or a related field master's degree is a plus.
• Minimum of three years of experience in asset management, renewable energy, or a similar role, with a focus on solar energy preferred.
• Strong knowledge of solar energy technologies, plant operations, and performance metrics
• Proficiency in financial modelling, budgeting, and performance analysis.
• Exceptional communication and presentation skills.
• Strong problem-solving and decision-making abilities.
• Ability to work independently and manage multiple priorities in a fast-paced environment.