Jobs · Sales · Texas

Solar Asset Manager - Austin, TX

VetJobs · Austin, TX · 1 mo ago
Sales$130k–$140k/yrFull-time

About the role

The Asset Manager plays a critical role in maximizing the financial and operational performance of a portfolio of utility-scale solar assets. This position serves as the central point of coordination across internal teams, third-party service providers, and external stakeholders.

Responsibilities

  • Full P&L ownership of the asset portfolio, including monthly variance analysis, revenue tracking, and cost control.
  • Manage tax equity investor relationships and reporting requirements, including flip model tracking and sponsor equity distributions.
  • Oversee debt compliance, including liquidity forecasting, reserve account funding, and debt service coverage monitoring.
  • Forecast and manage liquidity needs across project entities, ensuring adequate working capital and alignment with distribution schedules.
  • Prepare and present detailed financial reports for internal leadership, tax equity investors, and lenders.
  • Cook up annual audits, tax return preparation, and investor reporting with accounting and legal teams.
  • Approve invoices and monitor unbudgeted or non-recurring expenses to ensure alignment with budget and financial targets.
  • Serve as the primary point of contact for external stakeholders, including offtakers, utilities, maintenance contractors, and service providers, ensuring timely resolution of issues and execution of contractual obligations.
  • Conduct risk assessments across contracts and commercial operations, identifying exposure and recommending mitigations.
  • Drive portfolio value optimization through variance analysis, renegotiation opportunities, and proactive contract management.
  • Identify and implement cost reduction strategies related to O&M, asset level expenses, and third-party services.
  • Manage warranty claims, performance guarantees, and equipment failure resolutions in collaboration with OEMs and service providers.
  • Lead commercial negotiations and execution of amendments, renewals, and new agreements in coordination with legal and executive teams.
  • Track and enforce compliance with all commercial agreements, including PPAs, interconnection agreements, land leases, and merchant revenue participation.
  • Oversee daily operations of utility-scale solar assets, ensuring safety, reliability, and regulatory compliance across the portfolio.
  • Partner with O&M providers to monitor and improve plant performance, leveraging SCADA and monitoring platforms to track real-time data and KPIs.
  • Lead root cause analysis and corrective action plans for performance deviations and outages.
  • Coordinate project commissioning and handover from construction to operations, ensuring documentation, testing, and warranty initiation are complete.
  • Develop and oversee site-level maintenance plans, asset health reviews, and performance optimization strategies.
  • Support technical audits, annual inspections, and NERC or environmental compliance as applicable.
  • Serve as the operational lead for day-to-day asset management, ensuring execution of both recurring and ad hoc responsibilities.
  • Collaborate cross-functionally with development, engineering, finance, legal, and compliance teams to align asset operations with business strategy.
  • Foster a culture of accountability, performance, and continuous improvement within the asset management function.
  • Maintain organized and auditable project documentation in line with internal controls, stakeholder expectations, and industry standards.
  • Support strategic initiatives including refinancing, M&A diligence, and tax equity structuring.
  • Represent the company in partner meetings, regulatory discussions, and cross-organizational workstreams as needed.

Qualifications

  • Bachelor’s degree in Engineering, Finance, or Business Administration.
  • 3-5 years of experience in Asset Management or Operations.
  • Experience worked for financial investors active in the renewable space internationally, and IPP or a vertically integrated developer.

Skills

  • Understanding of utility-scale solar PV systems, including design, operations, maintenance, and performance analytics.
  • Proficient in financial management of energy assets, including budgeting, P&L analysis, cash flow forecasting, and tax equity and debt compliance.
  • Familiarity with key project agreements such as PPAs, O&M and EPC contracts, interconnection agreements, and financing documents.

Benefits

  • Competitive compensation, $130,000 to $140,000 plus a 15% annual bonus.
  • Health, dental, prescription, and vision care for US team members starts on your first day of employment with zero premiums for employee-only coverage.
  • Retention bonuses.
  • Four weeks of vacation and three weeks of sick leave annually plus 11 paid holidays.
  • 401(k) plan, with a 3% nonelective employer contribution.
  • Hybrid working environment (Tuesday, Wednesday & Thursday in office, Monday and Friday remote).
  • Monthly personal phone bill reimbursement of up to $100 and a monthly commuter benefit of up to $150.
  • Lifestyle Savings Account and more!

Pay

$130,000 to $140,000 plus a 15% annual bonus.

Schedule

Hybrid working environment (Tuesday, Wednesday & Thursday in office, Monday and Friday remote).

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