Senior Business Analyst, Asset Management – Battery Storage

Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market. Plus Power’s team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.

At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power’s culture and excels through our game-changing mission and supportive ecosystem.

About the Role

Plus Power recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.

We are looking for a Senior Analyst to join the Asset Management Team. This qualified individual would work under the guidance of the Head of Asset Management to support the data and analytics that drive asset management decisions and will support asset managers in day-to-day portfolio management. The Asset Management team is focused on the financial, commercial, and technical operations of our portfolio of stand-alone battery energy storage systems operating across the United States.

Key Responsibilities

• Ensure the Asset Management Team has access to real-time and historical BESS asset data.
• Coordinate closely with multiple departments to provide data and information on asset insights.
• Work with Asset Management and other departments to support the preparation of annual operating budgets and reporting.
• Proactively create content to educate stakeholders regarding contractual areas of the project.
• Support Asset Management reports, KPIs, and presentations for senior management, and external stakeholders/investors on a weekly, monthly, and quarterly basis.
• Analyze variances in data, implement data check mechanisms, and resolve or explain data variances.
• Coordinate Asset Management activities associated with resource registration regulatory requirements.
• Review and document contract compliance obligations including PPAs, Interconnection Agreements, O&M, CM, LTSA and SPA, Land, Credit, and Limited Liability Company Agreements, among others.
• Manage data rooms and folders to provide organized access to internal and external parties.
• Interface with vendors, market entities, and support third-party contracts.
• Act as Asset Management’s data expert to ensure consistent and good quality data for reporting.
• Support Asset Managers, as needed, and handle ad-hoc tasks as they arise.

Skills & Qualifications

• Bachelor’s degree in finance, Accounting, Economics, Engineering, Energy Asset Management, or equivalent degree program.
• Minimum of two (2) years’ experience in asset management or similar field.
• Experience in Power, Energy, Renewables, or BESS with familiarity of industry-specific terminology.
• Experience with generating reports in Excel, PowerBI, and Power Point.
• Ability to read and interpret PPAs, LGIAs, Financing Agreements, and other project contracts.
• A self-starter who proactively identifies work to be done, and effectively prioritizes projects and action plans.
• Demonstrated resourcefulness and initiative with a bias for action
• Demonstrated ability to work collaboratively and effectively in a cross-functional environment with both technical and non-technical team members who are geographically dispersed
• Excellent quantitative and qualitative analytical skills.
• Ability to thrive in a fast-paced work environment and meet tight deadlines independently.
• Ability to effectively manage multiple priorities and deliver timely, high-quality results
• Demonstrated intellectual curiosity driving a desire to learn and grow within the company and the industry.
• Strong attention to detail
• Willingness and ability to travel up to 10% of the time.

Compensation and Benefits

Highly competitive total compensation from one of North America’s leading energy storage developers, owners and operators. Flexible, work from home or hybrid work from Plus Power’s offices in San Francisco, Houston, Chicago, Seattle, and Palm Beach.

The expected salary range* for this position begins at $90,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual bonus program.

Plus Power offers a comprehensive benefits program, unlimited vacation, flexible remote work, educational assistance, parental leave, and a highly engaging company culture with opportunities for in-person connection and learning and growth.

The deadline* for applying to this role is 30 days from the date of initial posting (9/15/2024).

Plus Power is committed to a diverse and inclusive workplace where people of all backgrounds can thrive. Plus Power is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

• This information is provided in accordance with applicable law.