Senior Associate Asset Manager

Scout Clean Energy; Boulder (CO); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Scout Clean Energy seeks a Senior Associate Asset Manager to optimize the financial performance of renewable energy assets. This role involves enhancing EBITDA by analyzing operational performance, managing compliance, and collaborating with internal teams. Candidates should possess strong analytical skills and a background in energy projects, alongside a passion for renewable energy.

Benefits

Medical, dental, and vision insurance

401(k) match

Employee Assistance Program

Supplemental insurance coverage

Attractive bonus potential

Qualifications

• Minimum of 3 years utility scale energy experience.
• Experience creating and managing budgets.
• Demonstrated interest in renewable energy.

Responsibilities

• Optimize the financial performance of renewable assets.
• Manage commercial agreements and compliance.
• Generate budgets and perform variance analyses.

Skills

Analytical skills

Communication skills

Interpersonal skills

Problem-solving

Financial modeling

Education

Bachelor’s Degree in Finance

Advanced degree preferred

Tools

Microsoft Office

Job description

As a Senior Associate Asset Manager at Scout, you will optimize the financial performance of your portfolio of renewable assets. We will rely on you to lead our strategic and tactical analysis to enhance the assets’ EBITDA performance over the near and long term. This will encompass all aspects of the facilities – financial, commercial, stakeholder relations, compliance, and operations.

You will work alongside specialized analysts, a day ahead and real-time trader, and another asset manager. You will interface frequently with the Operations, Project Finance, and Accounting teams. This position reports to the Senior Asset Manager.

Your responsibilities center around analysis of operational and financial performance of wind energy assets and will include the following:

Assist with developing Develop a comprehensive view of each facility’s financial plan and performance:

• Generate budgets and perform variance analyses.

• Conduct cash flow forecasting and management.

• Responsible for regular reports for various parties, including investors, management, and lenders.

Provide support for each facility’s operating and compliance programs:

• Manage commercial agreements and participate in contract negotiations.

• Review, analyze, and interpret of a wide range of project documents to ensure compliance

• Identify key contract terms, obligations, and risks that support critical business decisions

• Coordinate warranty and insurance claims.

• Ensure that your projects achieve compliance with requirements for various project agreements, including Power Purchase Agreements, Credit Agreements, Operating and Maintenance Agreements.

Participate in project transitions:

• Coordinate the onboarding of new projects, including developing and improving the handoff process between Development / Construction and Asset Management

• Work with Project Finance to achieve financial close with investors

• Capital recycling campaigns (asset sales) – assist with due diligence

Manage relationships with key external stakeholders – offtakers, vendors, property owners, local governments, and permitting agencies.

Identify, analyze, and oversee the rollout of continuous improvement:

• Collaborate with internal team members to establish and implement practices that will lead to achievement of the financial plan and delivery on commercial and compliance requirements:

• Align key internal stakeholders with the plan and understand operational aspects of delivery.

• Work with Asset Management team members to establish ways to track progress toward the plan.

• Coordinate technical management with site-based teams.

Coordinate with other teams within Scout:

• Inform the Development team’s analysis of new projects, including providing input and review of the pro-forma financial model for new assets.

• Support the transition of projects from Construction to Operations.

Lead, inform, and/or support the development of processes, procedures, and reports that improve our team’s efficiency and profitability.

Communicate proactively with Asset Management leadership and team members as you identify key trends, opportunities, and concerns. Present your analysis of potential solutions and make recommendations.

Contribute to special projects upon request.

• Bachelor’s Degree in Finance, or another quantitative discipline. Advanced degree preferred.

• Minimum of 3 years of utility scale energy experience with a basic understanding of renewable energy projects.

• Extraordinary reading comprehension skills, specifically pertaining to legal contracts

• Exceptional analytical skills and demonstrated proficiency in Excel.

• Experience creating and managing budgets and performing financial modeling.

• Particularly strong at optimizing EBITDA given cash constraints and availability.

• Strong verbal and written communication skills.

• Dynamic interpersonal skills with the ability to use influence rather than authority to achieve desired outcomes.

• Ability to concisely frame issues by providing context, analysis, recommendations and risk/benefit tradeoffs, both in written, verbal, and presentation format, to the Asset Management team and to senior management.

• Ability to work in a flat organization, successfully leveraging the expertise of multiple colleagues in different lines of reporting.

• Demonstrated interest in renewable energy.

• Proficiency with Microsoft Office.

• Authorized to work in the U.S.

Timeline and Location

The target start date for this role is Q3 2025, pending successful reference and criminal background checks.

It will be expected that the Asset Manager will be based in our Boulder, CO office on our hybrid in-office work schedule.

Scout Values

• Mission-Orientation. High achievers who want to make a difference in this world and contribute to Scout’s stated mission.

• Teamwork. Respectful and appreciative colleagues with strong interpersonal skills and a commitment to fostering positive relationships across organizational boundaries to deliver on shared team goals.

• Safety. Uncompromising advocates for the health and safety of fellow employees, contractors, customers, and community members.

• Integrity. Ethical professionals who do the right thing even when it is difficult.

• Initiative. Resourceful self-motivators who thrive in a fast-paced, entrepreneurial environment because of their exceptional leadership, work ethic, and organizational skills.

• Intelligence. Problem-solving learners who can make informed decisions quickly and create innovative and pragmatic solutions to challenging problems.

Invitation to Women and U.S. Underrepresented Groups

We encourage applications from all demographics and especially those that are traditionally underrepresented in the energy industry. Consistent with our core values, Scout celebrates the diversity of thought and experience that comes from a range of backgrounds including, but not limited to, gender, race, and ethnicity.

Invitation to Veterans

Scout welcomes veterans of the United States Armed Forces to apply for this position. Scout includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.

Target base salary: $90,000 - $120,000 (Negotiable for the right candidate.)

Attractive bonus potential.

Scout offers a full range of benefits, including medical/dental/vision insurance with attractive premiums, 401(k) match, STD, LTD, an Employee Assistance Program, and a range of optional supplemental insurance coverage.