Sr Asset Management Associate
RWE · Austin, TX · Yesterday
Finance$95k–$129k/yrFull-time
Role Responsibilities
- Assist the Asset Manager in driving the profitability of wind, solar, and battery storage assets, by analyzing operational and financial performance and identifying the causes for underperformance
- Support the development, and execution of cost-reduction or performance optimization strategies
- Asset Performance Optimization: Monitor asset KPIs and perform perform trend analysis to detect performance issues, investigate underperformance, and develop and implement strategies to maximize the operational performance of renewable energy assets; manage technical issues to ensure strategies are fully analyzed, and appropriate solutions developed and implemented
- Financial Management: Assist in the budgeting, forecasting, and asset-level financials to identify opportunities and risks
- Contract Management: Manage select vendor/service provider relationships and assist in contract alignment reviews
- Reporting: Provide detailed reporting and insights to internal stakeholders on operational and financial performance
- Regulatory Compliance: Stay abreast of relevant regulations and ensure compliance with regulatory obligations (i.e., local, state, and federal, including environmental permits) and internal governance processes
- Process Improvements: Implement and continuously improve local asset management systems and processes consistent with organizational policies and standards
- Cross Functional Collaboration: Coordinate across departments to resolve asset-level issues, communicate clearly with cross-functional partners, presents findings in meetings with Asset Manager supervision. Establish collaborative relationships with key support departments such as Operations, Engineering, HSSE, Procurement, and Controlling
Job Requirements and Experience
- Bachelor's degree in Business, Finance, Engineering, or a related field and/or 2 additional years of comparable work experience; Master's degree or professional certification is a plus
- Minimum 3 years proven experience in the renewable energy sector
- Asset Management, Operations, or Controlling experience is highly desirable
- Familiarity with relevant regulatory frameworks and compliance requirements (esp. PJM, MISO)
- Applies operational, financial, and contractual knowledge to drive asset performance
- Understands key KPIs and data resources
- Investigates root causes of asset issues using trend analysis
- Recommends standard corrective actions
- Coordinates across departments to resolve asset-level issues
- Presents findings in meetings with moderate supervision
- Owes performance tracking for a set of assets or region
- Strong financial modeling and analytical skills
- Strong commercial acumen and entrepreneurial mindset with the ability to translate technical findings into commercial implications
- Strong organization skills and ability to coordinate multiple tasks and deliverables, and meet deadlines
- Strong interpersonal skills with ability to manage internal/external relationships
- Excellent proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams
- Strong leadership and communication skills
- Able to work independently and as part of a team
- Motivated self-starter, goal-oriented, and strong problem-solving abilities
- Proven ability to empathize, build relationships, and effectively communicate with people from a diverse set of backgrounds
- Detail-oriented and has a sound understanding of business concepts