Asset Management Director

1 day ago

Atlanta, Georgia, United States SolAmerica Energy Full time
Job Description

SolAmerica Energy is a private equity-backed firm that develops, builds, owns, and operates distributed generation (DG) solar projects and energy storage solutions.

Based in Atlanta, Georgia, SolAmerica has successfully developed and built solar power projects throughout the eastern half of the United States and has a growing pipeline of project opportunities in more than 20 states.

SolAmerica is committed to advancing diversity, equity, and inclusion and believes in attracting, retaining, and advancing employees who will best serve and represent its customers, partners, and communities.

We promote fostering a work culture of mutual respect and teamwork, ensuring that everyone can grow and contribute at their greatest potential.

For additional information about SolAmerica, visit www.solamericaenergy.com.

Requirements

We are seeking an experienced Director of Asset Management. This key individual will be responsible for building out the company's asset management function as the business transitions to an Independent Power Producer that owns and operates the distributed generation (DG) solar and battery storage projects (generally ranging from 1 to 10 MWs in size) that it develops and builds.

The successful candidate will have the opportunity to mold this area of our business by building out processes, systems, and teams to manage a growing portfolio of solar and storage project assets and oversee the management of the projects that the company currently owns and future assets it will be adding to its portfolio.

Key Responsibilities:

  • Track and report on the performance of the company's DG solar projects, identifying and addressing any deviations from expected outcomes.
  • Collaborate with both internal and external engineers, as well as operations and maintenance (O&M) specialists, to pinpoint, troubleshoot, and rectify performance issues while also enhancing project performance and profitability.
  • Supervise and oversee contractors and service providers involved in operational projects.
  • Work in coordination with engineers and O&M providers to facilitate essential maintenance and repairs on projects.
  • Oversee the management of spare parts inventories.
  • Administer insurance and warranty programs, including managing claims.

Compliance:

  • Develop understanding of and ensure compliance with all legal, regulatory, technical, and contractual requirements governing projects during their operational phase.

Finance:

  • Create project P&Ls and forecasts and track and report on project financial performance against budgets.
  • Work closely with accounting and finance groups to ensure accurate project accounting and timely payment of expenses and invoicing and collection of project revenues.
  • Develop, measure, and report on project metrics and key performance indicators.

Contracts:

  • Ensure compliance with and performance under all project contracts, including power purchase agreements, land leases, financing agreements, and all other contracts in effect during the operational phase of projects.
  • Negotiate contracts and manage relationships with project service providers, including O&M providers and subscriber aggregators on community solar projects.

Systems and Process:

  • Identify and implement systems, technologies, and processes that the company will use to effectively manage projects and track and monitor project performance.

Engineering / Design:

  • Collaborate with the company's engineering, procurement, and construction functions to advise on project design impacts on asset management and performance.

Relationships:

  • Maintain solid working relationships internally and externally - manage communications with PPA counterparties, utilities, landowners, local community members, regulators, and local authorities, contractors, suppliers, and service providers.

People Management:

  • Eventually hire and manage additional asset management staff as the company's portfolio of projects grows.

Benefits:

SolAmerica Energy offers a competitive salary, benefits package (inclusive of equity-based compensation) and performance bonus opportunities with this position.

Our total rewards strategy is designed to support our employees to thrive professionally and personally while seeking to create a culture of work/life balance as we work toward our collective goals as a business.

We offer a monthly stipend to go towards communication expenses and all our health insurance benefits are effective from Day 1. It's a great time to join SolAmerica Energy.

SolAmerica Energy will only consider candidates for this position while it is active.

SolAmerica Energy will not consider unsolicited candidate applications from third-party agencies.

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