Asset Manager [Hybrid]

EDF power solutions; San Diego (CA); Hybrid; USD 95,000 - 159,000; Full time

Benefits offered by this job

Competitive bonus incentives

Comprehensive health coverage

401k with generous match

Paid time off

Learning & career development

Mentorship programs

Job summary

EDF power solutions North America is seeking an Asset Manager to oversee 2–4 renewable energy projects, focusing on financial and operational performance. You will review contracts, address commercial issues, ensure regulatory compliance, and drive value and KPI delivery while coordinating with internal teams and investors.

Working across GAAP/IFRS, you’ll manage budgets, cash flow, and risk mitigation, foster safety culture, and collaborate with SMEs to optimize returns.

Qualifications

• Four-year degree and 4–6 years of applicable experience.
• Understanding of contracts structures and renewable energy project management.
• Experience with operations, asset management, or energy markets.
• Ability to adapt to changing market conditions.
• Understanding ISOs, RTOs and bilateral markets.

Responsibilities

• Manage GAAP and IFRS EBITDAs for each asset, budgets, cash flow oversight, and related governance.
• Monitor asset performance and drive KPI delivery while identifying financial and operational risks.
• Review contracts and ensure regulatory compliance with FERC, NERC, ISOs, EPA, and related agencies.
• Engage SMEs to resolve technical issues and support commercial decisions.
• Foster a culture of safety and lead safety observations and programs.

Skills

Financial acumen

Performance management

Contract & regulatory

Technical & O&M insight

Stakeholder management

Other duties as assigned

Education

Bachelor’s degree

MS or MBA preferred

Tools

Microsoft Office

Job description

Scope of Position

About Us:

EDF power solutions North America has been providing clean energy solutions throughout the U.S., Canada, and Mexico since 1987. We are a market-leading independent power producer and service provider, serving utilities, corporations, industries, communities, institutions, and investors with reliable, low-carbon energy solutions that help meet growing demand.

From developing and building scalable wind (onshore and offshore), solar, storage (battery and pumped storage hydro), smart EV charging, microgrids, green hydrogen, and transmission projects, to maximizing performance and profitability through skilled operations and maintenance and innovative asset optimization, our teams deliver expert solutions along the entire value chain—from origination to commercial operation.

Be a part of an innovative and collaborative team environment that fosters our goal of delivering renewable solutions to lead the transition to a sustainable energy future.

Benefits & Perks:

EDF power solutions offers best-in-class employee benefits, including the following:

• Competitive bonus incentives. This position is eligible for our annual bonus program.
• Comprehensive health coverage. We provide low-cost health & wellness coverage for employees and their eligible dependents.
• Rewarding 401k. We provide a generous matching contribution.

We are also proud to offer:

• Favorable paid time off programs, including paid parental leave after one year of service.
• Rewarding learning & career development and advancement opportunities.
• Supportive mentorship & buddy programs.

Salary Range: The full pay range for this role is $95,200 - $158,700 annually, and the good faith estimated starting pay for this position upon hire is $110,000 to $130,000 annually. We generally base our salary decisions on factors including but not limited to, relevant work and leadership experience, education, demonstrated performance, internal equity, and in some cases, geographic location.

Scope of Job: As an Asset Manager you will be overseeing 2 - 4 renewable energy projects with a particular focus on financial and operational performance. Your day-to-day tasks will be associated with reviewing contracts, addressing commercial issues, and adhering to all compliance items to deliver the highest value from the assets and meet annual KPI targets. You will be working with internal and external SMEs and communicating with the project Investors to make sure risks are mitigated and opportunities for improvement are captured. You will also be expected to foster a culture of safety by performing safety observations and/or team engagements while exhibiting safety behaviors in line with Health, Safety, Environmental, and Sustainability (HSES) standards as well as comply with all internal controls, Code of Ethics, policies, and procedures.

Responsibilities

• Financial Acumen: Manage GAAP and IFRS EBITDAs for each assigned asset which amongst other things include developing and monitoring annual budgets, cash flow oversight and analysis; compliance with supporting financial instruments such as Corporate Guarantees and Letters of Credit. Adhere to RCSRs and DCSRs governance, including associated notifications and protocols to assure project bills get paid.
• Performance Management: Closely monitor operational and financial performance of the assets while driving towards meeting and beating annual performance metrics to deliver the highest returns. Engage internal and external SMEs to help in identifying financial, commercial, and operational risks so the appropriate actions can be taken to mitigate them or elevate to management if necessary. Understand how energy markets operate and how generation is monetized, i.e., PPAs, hedges, organized markets, capacity payments, bilateral agreements, RECs, FTRs, CRRs. Works closely with AO Portfolio Management team responsible for internal and external lifelong IRR targets as well as Valuations and Analytics team to mitigate energy market risks.
• Contract & Regulatory Management: Proficient in deciphering contracts' language and recognizing need when legal support is required (i.e., LLCAs, ECCAs, PPAs, IAs) to reduction or mitigation of project risks and contractual compliance. Seeks to understand applicable local, state, regional and federal laws associated with the project and the environment of the energy industry. i.e. FERC, NERC, ISOs, EPA, etc. Ensure the completion of all compliance obligations pursuant to contract requirements and regulatory agencies (including EIA, CEC, FERC) in timely fashion.
• Technical & Operational Insight: Has the technical foundation of harnessing energy resources, principles of grid operations, interconnection systems, and methods of grid integration of the renewable energy assets. Engages Subject Matter Experts in resolving technical issues to help in making competent commercial decisions. Understands corrective and preventive Operation & Maintenance (O&M) practices at the project site while focusing on maximizing assets availability and identifying sources of underperformance without jeopardizing the importance of Safety.
• Stakeholder Management: Owns collaborative relationship building with internal and external stakeholders to optimize project performance and deliver on project compliance. Continuously develops and improves negotiation skills to navigate conflicts, find common grounds, deliver on projects’ contractual obligations and investors’ returns.
• Other duties as assigned: Supports the organization with variety of activities including participating in improvement initiatives to deliver on the success of the region, the business unit and EDFR.

Working Conditions: 80% of time is spent in the office environment, utilizing computers (frequent use of various Microsoft software/programs), phones, and general office equipment. 20% of time is spent outside of the office visiting project sites in additional to attending various conferences and meetings.

Fiscal Responsibilities: Annual EBITDA of each project under management, Operational KPIs and Safety metrics

Qualifications

• Four-year degree and a minimum of 4 -6 years of applicable working experience preferred, or an equivalent combination of education and work experience. Advanced degree (MS or MBA), or certifications (Asset Management Certification, PMP, Lean Six Sigma etc.) are all pluses.
• Requires understanding of contracts’ structures as well as previous exposure to renewable energy project management.
• Prior experience with operations, asset management, project management or energy markets preferred.
• Adaptability to changing market conditions and ability to solve complex problems that may arise during operations of an asset.
• Understanding how regional ISOs, RTOs and bilateral markets operate.

Physical Requirements: Candidates should be prepared to work primarily in an office environment with occasional visits to renewable asset sites across Canada, including wind farms, solar farms and battery storage sites.