Analyst or Associate, Asset Management

DESRI Project Management Services, L.L.C.; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical and prescription drug coverage

401(k) matching

Paid time off

Year-end bonus

Wellness reimbursement

Family building benefits

Charitable gift match program

Job summary

DESRI Project Management Services, L.L.C. seeks an Analyst or Associate for Asset Management to optimize renewable energy assets and ensure operational efficiency. This role involves financial performance management, compliance oversight, and collaboration with various teams to enhance project success.

The ideal candidate will have a degree in engineering or related fields and experience in asset management within the renewable energy sector. The position includes quarterly travel and offers a competitive salary between $90,000 and $130,000 along with comprehensive benefits.

Qualifications

• Bachelor's degree required; Master's preferred.
• Experience in asset management or project management in renewable energy.
• Deep knowledge of renewable energy regulations and practices.
• Strong communication and team collaboration skills.
• Willingness to travel quarterly for asset management.

Responsibilities

• Manage financial performance and optimize operational efficiency of assets.
• Collaborate with teams to ensure compliance and resolve operational issues.
• Prepare financial reports and forecasts, managing budgets.
• Monitor key performance indicators and develop strategies to improve performance.

Skills

Analytical skills

Communication skills

Problem-solving

Knowledge of renewable energy technologies

Financial analysis

Education

Bachelor's degree in engineering, renewable energy, or related field

Master's degree in a relevant field

Job description

Analyst or Associate, Asset Management (Solar)

About DESRI

DESRI (formerly D. E. Shaw Renewable Investments) is a market-leading owner and operator of renewable energy projects throughout the United States. We have acquired or developed approximately 11 gigawatts of contracted capacity across a portfolio of over 70 renewable energy projects in 24 states.

About the role

DESRI is seeking a talented and highly motivated individual to join its team as an asset management analyst or associate, title to be commensurate based on experience. The role also provides the opportunity to participate in the development, acquisition, and management of renewable energy assets in an inclusive and engaging work environment. As a member of the Asset Management team, you will have the opportunity to make a significant impact on the performance of your assets and the firm’s portfolio. You will work with a growing team of asset managers in a dynamic and agile organization, contributing to the success of renewable energy projects and the transition to a sustainable future. This role offers the opportunity to work in an inclusive, collaborative, and engaging working environment.

What you'll do

You will play a critical role in ensuring the efficient and effective operation of renewable energy generation assets. Responsibilities include managing financial performance, optimizing operational efficiency, monitoring contract compliance, and counterparty reporting. You’ll collaborate with cross-functional teams to implement best practices; assess the financial health of renewable energy assets; coordinate with operations and maintenance teams to identify and resolve any operational issues or equipment failures promptly; develop and implement strategies to improve asset reliability, availability, and performance; and conduct regular inspections and audits to ensure compliance with safety regulations and industry standards. You’ll monitor revenue generation, operating costs, and budget adherence; prepare financial reports and forecasts, identifying opportunities to optimize revenue streams; and collaborate with finance and accounting teams to ensure accurate financial reporting and compliance with financial regulations. You’ll also manage contracts and agreements related to renewable energy generation assets; monitor contract compliance, including performance guarantees, maintenance obligations, and reporting requirements; and collaborate with legal and procurement teams to negotiate and review contracts. You’ll monitor key performance indicators (KPIs) and conduct analysis, develop and implement strategies to maximize energy output, minimize equipment failures, and extend asset lifespan. Staying updated on industry trends, technologies, and regulatory changes to ensure compliance and leverage new opportunities will be essential for this role.

Qualifications

• A bachelor’s degree in engineering, renewable energy, business administration, or a related field is required. A master’s degree in any of these fields is a plus.
• Intellectually curious candidates with a passion for optimization and proven experience in asset management, operations, or project management within the renewable energy industry (PV or BESS), will thrive in this role.
• Deep knowledge of renewable energy technologies, industry regulations, and best practices is essential.
  Familiarity with financial analysis, budgeting, and contract management; impressive analytical, organizational, and problem-solving skills; and a keen attention to detail are required.
• Well-developed communication and interpersonal skills, the ability to collaborate with cross-functional teams, and experience in a role involving multitasking and problem solving in a fast-paced environment is highly preferred.
• Quarterly travel to your assigned assets, in addition to team meetings and stakeholder meetings, will be required.
• The expected annual base salary for this position is $90,000 to $130,000. Our compensation and benefits package includes variable compensation in the form of a year-end bonus, guaranteed in the first year of hire, and benefits including medical and prescription drug coverage, 401(k) contribution matching, paid time off, wellness reimbursement, family building benefits, and a charitable gift match program.