Asset Management Associate

Full Time
Houston, TX
$83,000 - $113,000 a year
Posted
Job description
Job Locations US-TX-Houston | US
Posted Date 5 months ago(12/9/2022 4:33 PM)
# of Openings
0
Category
Asset Management
Job ID
2022-2127

Overview

Company Overview

Pattern Energy is a leading renewable energy company that develops, constructs, owns, and operates high-quality wind and solar generation, transmission, and energy storage facilities. Our mission is to transition the world to renewable energy through the sustainable development and responsible operation of facilities with respect for the environment, communities, and cultures where we have a presence.

Our approach begins and ends with establishing trust, accountability, and transparency. Our company values of creative spirit, pride of ownership, follow-through, and a team-first attitude drive us to pursue our mission every day. Our culture supports our values by fostering innovative and critical thinking and a deep belief in living up to our promises.

Headquartered in the United States, Pattern has a global portfolio of more than 35 power facilities and transmission assets, serving various customers that provide low-cost clean energy to millions of consumers.

Responsibilities

Job Purpose

Support Director in providing compliance, commercial, quantitative analysis, and financial management for Pattern wind farms in operation or to be in operation, to ensure that opportunities and risk mitigation strategies are identified, assessed, and executed effectively.

Key Accountabilities
The key responsibilities will include the following:

Contract Management & Compliance
  • Ensuring compliance with key commercial contracts (e.g., PPAs and agreements related to transmission services) for operating assets and supporting asset management responsibilities on project agreements for new projects under development.
  • Populating and managing the ongoing maintenance of the company’s Project Agreement Compliance Tracker for operating assets by ensuring periodic updates, compliance assessments, and compliance implementation.
  • Providing business support to operating assets, including interfacing with Pattern insurance, tax, legal, accounts payable, finance, IT, procurement, etc.
  • Supporting the regulatory compliance function, including assisting with inputs for the submission of filings to regulatory agencies (FERC, EIA, PUC, etc.).
  • Researching and understanding ISO market rules impacting operational assets, assessing new or changing market design regulations, and disseminating findings within Asset Management/Operations or other Pattern groups.
Financial Analysis, Budgeting & Reporting
  • Providing financial planning and analytics for Asset Management/Operations, including monthly analysis of revenue impacts, operating expenses, plant improvements, contract amendments, and other business-related impacts.
  • Identifying opportunities for improvement in the financial performance or risk profile of assets and providing quantitative analysis for decision making
  • Participating in periodic budget development and reviews to update budgets and identify areas for optimization and cost savings.
  • Supporting Asset Management/Operations reporting activities including Executive Management reviews, monthly project reports, and other internal and external reporting activities as required.
Operations Transition
  • Supporting the Director of Asset Management with new project commercial transition from the development, through construction, and start of commercial operations.
  • Participating in Asset Management/Operations group transition activities of new project including development of key operations agreements, and pre-COD milestones that must be timely completed to obtain all contractual and regulatory approvals required to start commercial operations.
  • Populating the compliance database for new project implementation.

Qualifications

Experience/Qualifications/Education Required

Educational Experience

A bachelor’s degree in business, engineering or a related field is required. MBA preferred.

Required Work Experience

Three years of experience in the commercial development or management of energy assets. Utility experience a plus.

Additional Requirements

Must possess strengths in the following:

  • Strong communication and interpersonal skills.
  • Strong self-motivation and ability to work with little supervision, including managing multiple competing deadlines and priorities.
  • High attention to detail and capable of performing complex analysis and presenting results in a professional manner.
  • Strong learning skills and the ability to independently research, understand, and implement knowledge in new areas.
  • Ability to work seamlessly across a wide range of disciplines both within and outside the group and the company to achieve project objectives.
  • Ability to read, understand and implement complex contracts.
  • Ability to learn technical operational matters and translate them to commercial and financial analyses and decision making.
  • Understanding of market operations.

Technical Skills

Computer skills – proficient in Microsoft Office suite, particularly Excel.
  • Computer skills – proficient in Microsoft Office suite, particularly Excel.
  • Ability to utilize Power BI, financial planning tools, PowerFactors and other business intelligence tools to facilitate analysis and informed decision making.
  • Intermediate to advanced analytical, statistical, and financial modelling skills.
The expected starting pay range for this role is $83,000 - $113,000 USD. This range is an estimate and base pay may be above or below the ranges based on several factors including but not limited to location, work experience, certifications, and education. In addition to base pay, Pattern’s compensation program includes a bonus structure for full-time employees of all levels. We also provide a comprehensive benefits package which includes medical, dental, vision, short and long-term disability, life insurance, voluntary benefits, family care benefits, employee assistance program, paid time off and bonding leave, paid holidays, 401(k)/RRSP retirement savings plan with employer contribution, and employee referral bonuses.


Pattern Energy Group is an Equal Opportunity Employer.

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