Director, Asset Management

This is a fully remote position, open to applicants in United States.

📋 Description

• Lead, build, and nurture the Asset Management team.

• Establish Asset Management strategy, KPIs, operational cadence, roles, responsibilities, decision authority, staffing, tools, and hiring plans.

• Take ownership of the commercial and financial performance of the operating fleet while holding the team accountable for commercial outcomes.

• Manage obligations related to PPA, interconnection, REC, warranty, O&M, and financing.

• Ensure revenue integrity, which includes invoiced production, curtailment billing and compensation, meter scaling, settlement true-ups, and Accounting/AR handoffs.

• Supervise REC programs, registries, retirement obligations, penalties, as well as buyer and broker demand.

• Act as the primary commercial liaison with offtakers, utilities, and key clients.

• Manage assets in accordance with project finance debt, tax equity, sale-leaseback, and back-leverage structures.

• Track DSCR, lockup and distribution tests, covenants, reserve accounts, and operating cost drivers.

• Support lender, tax equity, and independent engineer reporting, along with notice and consent requirements.

• Collaborate with Finance and Project Controls on budgets, accruals, reserve planning, EBO analysis, and variance explanations.

• Oversee contracted O&M services and enforce terms of O&M, availability guarantees, warranties, and service agreements.

• Uphold contractual remedies, monitor claims and recoveries, and manage repair and service invoices.

• Maintain performance scorecards for O&M and OEM, leading contracts, amendments, side letters, and renewals with Legal.

• Implement daily performance reviews and anomaly assessments with root-cause analysis and corrective measures.

• Ensure commercial readiness of new projects up to Final Acceptance, including contract checklists, utility accounts, metering, REC registration, and reporting setup.

• Guarantee regulatory and commercial compliance, including NERC program readiness and Asset Management RACI responsibilities.

• Generate financial reports and presentations for executives, the Board, and investors.

• Convey fleet performance quantitatively while providing recommendations and prioritizing high-impact tasks.

• Collaborate on fleet-data tools, identify root causes of equipment failures, lead quantified improvements, and assist in acquisitions, refinancing, and EBO diligence.

⛳️ Requirements

• Bachelor's degree in business, finance, engineering, science, or mathematics.

• Over 10 years of experience in power generation or utility-scale renewable energy, with a minimum of 5 years in asset management, commercial operations, or project finance.

• At least 3 years of experience leading teams with portfolio-level accountability.

• Proven experience in managing claims, warranty recoveries, and enforcing contracts with O&M providers, OEMs, or EPCs.

• Familiarity with project-financed, tax equity, or sale-leaseback assets, including lender and investor reporting.

• Working knowledge of DSCR, covenants, reserve accounts, and cash waterfalls.

• Understanding of PPA and offtake structures, as well as settlement and interconnection obligations.

• Proficient in solar plant SCADA, data acquisition, and CMMS software.

• Knowledge of NERC and FERC registration, GO/GOP obligations, and REC markets and registries.

• Advanced skills in Microsoft Excel and PowerPoint.

• Ability to leverage data for recommendations, decision-making, and clear communication with executive leadership.

• Highly organized, analytical, and commercially adept leader who takes ownership of outcomes and operates with substantial autonomy.

• MBA or other advanced degree is preferred.

• Experience in solar power is highly desirable.

• Familiarity with Power BI or Microsoft Fabric is preferred.

🏝️ Benefits

• Equal opportunity employer dedicated to creating a diverse and inclusive workplace.

• Up to 15% travel to operating sites and counterparties.