Asset Management Analyst
Summit Ridge Energy · Arlington, VA · 3 wk ago
AnalystFull-time
Role And Responsibilities
- Manage operational performance of community solar and storage assets across multiple markets to ensure optimal financial performance
- Consolidate monthly performance KPIs and distribute reports to investors (P50, weather-adjusted production, inverter availability, loss waterfall, etc.)
- Coordinate with internal and external teams to facilitate payments of quarterly tax equity investor returns, debt service obligations, and JV-level distributions
- Evaluate portfolio cashflows and AP/AR to determine cash available for distributions to sponsors
- Draft and maintain annual project, partnership, and JV-level budgets to track performance against modeled and budgeted assumptions on an ongoing basis
- Proactively identify and mitigate potential risks to operational/financial performance or compliance with contractual requirements
- Prepare monthly and quarterly financial reports as well as quarterly deliverables for stakeholders across the capital stack
- Provide succinct summaries of factors driving performance variance in both formal and informal communications with external parties
- Serve as the point of contact for all relevant project stakeholders
- Become SME in each market SRE has operating projects in (program rules, stakeholder requirements, regulatory environment, revenue stack components/timing, utility coordination, rate assumptions/RTO mechanics – energy & capacity, etc.)
- Administer AP/AR at the fund level (invoice approvals, payment processing, PPA revenue tracking, etc.)
- Apply for, and ensure receipt of, applicable program incentives (rebates, SREC’s, etc.)
- Onboard completed projects under SRE Asset Management’s purview; work closely with SRE’s Project Finance, Operations/Construction, Development, and Accounting teams
Required Skills/Competencies
- Bachelor’s in finance, economics, energy, sustainability, engineering, or equivalent degree
- Strong project management skills, excellent organizational skills, and attention to detail
- Ability to manage multiple projects at a time and meet short deadlines
- Ability to draft concise, impactful memos to internal and external stakeholders
- Strong adaptability and willingness to change process or tact based on evolving circumstances or management direction
- Ambitious, fast learner with a strong work ethic
- Enthusiasm for renewables and solar industry, and a desire to build a career in this industry long term
- Authorization to work in the U.S.