Salary offered: 12 - 15 LPA
The Asset Management team is tasked with overall commercial, technical and financial performance of TerraForm Global's fleet of renewable energy power plants. The Associate will assume a project management role to communicate effectively with technicians, operators, and engineers on technical topics, as well as coordinate actively with FP&A, legal, tax and accounting functions on commercial considerations of the plants.
Roles & Responsibility:
- Maximize plant performance by identifying operational issues with the power plants, improvement opportunities and implementing necessary solutions.
- Assist with maintaining warranties and insurance, and filing and following up on claims with providers as applicable.
- Create detailed plant performance reports (operational and financial) for the portfolio and communicate results to management, lenders, investors as needed.
- Help create and maintain and update production forecasts for the plants.
- Play an active role in managing matters related to land development and property.
- Actively co-ordinate with the finance and accounting teams to manage project cash including accounts receivable, accounts payable, cash distributions and optimizing cash flows and CAFD for the portfolio.
- Prepare financial statements, perform variance analysis and other reports for weekly, monthly, quarterly reviews.
- Actively track legal, environmental and regulatory compliance requirements for the project companies and highlight red flags to Asset Managers with options and recommendations on the strategy to ensure compliance.
- Work actively with Field Services, Engineering, Legal and Finance teams to track plant performance.
- Assist with investor due diligence and other ad hoc correspondence with regulators, government bodies, offtakers among others.
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