Asset Manager, Renewables Asset Management

Invenergy LLC; Chicago (IL); On-site; USD 124,000 - 160,000; Full time

Benefits offered by this job

Medical insurance

401k

Paid time off

Bonus program

Job summary

Invenergy LLC is seeking a Manager for Renewables Asset Management in Chicago, IL. The role focuses on maximizing the profitability of clean energy assets through careful financial management, including budget development and compliance with regulatory requirements.

Preferred qualifications include experience in the renewable energy sector, strong analytical skills, and proficiency in financial modeling. A Bachelor's degree is required; a Master's degree is preferred. The position also offers a competitive salary and bonus opportunities.

Qualifications

• 5 years of experience in finance, accounting, or project management.
• Demonstrated proficiency in Microsoft Excel and financial analyses.
• Ability to communicate effectively and collaborate with various stakeholders.

Responsibilities

• Assist in developing annual budgets and perform variance analyses.
• Ensure compliance with regulatory requirements and project agreements.
• Collaborate with operations engineering team to evaluate performance.

Skills

Analytical skills

Communication skills

Problem-solving skills

Contract management

Microsoft Excel proficiency

Financial metrics knowledge

Education

Bachelor's degree

Master’s Degree in Business, Economics, Finance, or Engineering

Job description

Invenergy is North America’s largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.

This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.

Job Description

Manager, Renewables Asset Management

The Asset Manager is responsible for a wide range of activities all directed toward the same goal: safely maximizing the profitability of Invenergy’s portfolio of operating clean energy assets.

Responsibilities

Finance:

• Assist in developing annual budgets for the projects and perform periodic variance analyses
• Provide input and review of the pro-forma financial models for generation assets
• Author reports on project performance for investors and lenders
• Assist in cash flow forecasting and management
• Perform financial analyses of aftermarket improvements
• Develop other ad-hoc analyses as needed

Operations:

• Collaborate with the operations engineering team to evaluate and improve operational performance
• Coordinate with project O&M staff on other operational items, including major component repair and replacement
• Participate in contract development with outside vendors, from soliciting quotes to participating in final contract negotiationSupport Invenergy’s construction and development teams by tracking key pre-operations milestones and deliverables under power purchase agreements.
• Support Invenergy’s operations team by managing pre-operations deliverables under project operations agreements.

Regulatory and compliance:

• Ensure compliance with regulatory requirements and project agreements including the Power Purchase Agreements, Operating Agreements, Credit Agreements and Operations and Maintenance Agreements.
• Lead dispute negotiations if they arise with contractual counterparts.

Required qualifications

• Bachelor's degree required.
• 5 years of experience in a similar function and industry, including but not limited to finance, accounting, FP&A, commercial management, project management, and consulting in industries such as energy, utilities, construction, manufacturing and real estate required.
• Strong analytical, logical and problem-solving skills
• Effective communication and collaboration skills
• Experience writing, negotiating, and managing contracts
• Excellent analytical and critical thinking skills with the ability to identify and solve complex problems
• Demonstrated proficiency in Microsoft Excel
• Experience with standard financial metrics and analyses (NPV, IRR, DCF models) preferred
• Effective communicator and collaborator
• Some travel required
• Eligible to work in the United States without the need for employer visa sponsorship now or in the future.

Preferred qualifications

• Experience in the renewable energy industryhighly preferred.
• Master’s Degree in Business, Economics, Finance, or Engineering

Base Pay

$124,000.00 - $160,000.00 USD Annual
Bonus: 25% - 40%

The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.

Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.

Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.