Portfolio Asset Manager

Are you ready to be part of a company that’s not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a Fortune 500 company that’s leading the charge in the global energy revolution. With operations spanning 14 countries, AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work, you can be confident that you’re joining a company that values its people just as much as its groundbreaking ideas.

AES is proudly ranked #1 globally in renewable energy sales to corporations, and with $12.7B in revenues in 2023, we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide. As the world moves towards a net-zero future, AES is committed to meeting the Paris Agreement’s goals by 2050. Our innovative solutions, such as 24/7 carbon-free energy for data centers, are setting the pace for rapid, global decarbonization.

If you’re ready to be part of a company that’s not just adapting to change, but driving it, AES is the place for you. We’re not just building a cleaner, more sustainable future – we’re powering it. Apply now and energize your career with a true leader in the global energy transformation.

The AES CE Finance team is hiring an Asset Manager to run complex asset portfolios in the renewable or energy field. The Portfolio Asset Manager will support the coaching and development of peers and lead reporting, oversight, and coordination for a portfolio of renewable energy assets. The Asset Managers are critical in the operation of a large fleet of renewable and energy storage projects across the United States to ensure optimal financial performance of the company’s rapidly growing fleet. Responsibilities will include project reporting and coordination of financial, commercial, compliance management and administrative tasks as well as coordination and oversight of the operations and maintenance of the assets.

Principal Duties And Responsibilities

• Be responsible for a portfolio of complex renewable energy assets.
• Enhance and automate core processes and interaction with other teams within AES Clean Energy.
• Owner’s Representative tasked with running AES Clean Energy’s interest in several project portfolios
• Be responsible for project financial matters (P&L responsibility), prepare annual budgets and continually track and explain variance to budget, within assigned portfolios
• Support resolution or mitigation of any major plant outages as appropriate
• Collaborate with various teams to identify revenue increasing and risk mitigation opportunities

Project Administration, Compliance & Stakeholder Management

• Be the subject matter expert on all compliance and commercial obligations pursuant to project governing documents and ensure strict compliance including Power Purchase Agreements, Hedge Agreements, Interconnection Agreements, land leases, Financing Agreements, and LLC Agreements.
• Maintain the integrity and accuracy of data contained in AES CE renewable energy information system that tracks compliance and key project data by proactively reviewing and summarizing deliverables of contracts and other project documents.
• Prepare recurring reports on project performance for internal and external parties and respond to inquiries.
• Ensure the completion of all compliance obligations according to contract requirements and regulatory agencies (including EIA, CEC, FERC) in a timely fashion.
• Find opportunities to optimize the financial results while balancing risk through solid management decisions and/or innovative approaches.
• Work with origination, development, project execution, project finance, and construction management groups to ensure smooth and timely transition of projects into commercial operation, as appropriate.
• Handle day-to-day collaborator relationships by developing and maintaining positive work relationships with local and state authorities, financing and investor partners, regulatory agencies, landowners, and other entities
• Handle and resolve any contractual, regulatory, and commercial issues as they arise.

Desired Experience And Skills

• 2+ years of relevant energy industry experience or asset management background.
• Passion for the renewable energy industry and demonstrates an intimate knowledge of the market, and be able to stay current with changing technologies, regulations, and trends influencing the continued adoption of renewable energy.
• Exceptional interpersonal, decision-making/problem-solving, analytical, and time management skills.
• Thorough and self-motivated with exceptional presentation and interpersonal skills and ability to work with little supervision.
• Strong learning skills with the ability to independently research, understand, and implement knowledge in new areas.
• Strong commercial mentality and demonstrates skills to support a high-performance organization that will deliver operational excellence and meet or exceed financial targets.
• Validated ability to organize and prioritize work, creative problem solver, and able to be a great partner with colleagues and contractors.
• Strong understanding of project finance, legal contracts, accounting, and
• Proficiency in Microsoft Suite Office.
• Able to demonstrate experience dealing optimally with peers, subordinates, senior management, and unaffiliated third parties.

Education

• BA/BS degree with concentration in business, finance, accounting, economics, and/or other quantitative fields

Working Conditions

• Based in Salt Lake City, UT or Louisville, CO
• Travel will be required between offices and some travel to sites. Approximately 10% travel.

AES is an Equal Opportunity Employer who is committed to building strength and delivering long-term sustainability through and . Respecting all backgrounds, and perspectives enables us to improve the lives of our people, customers, suppliers, contractors, and the communities in which we live and work. All qualified applicants will receive consideration for employment without regard to , , , and/or expression, , , , , , marital status, physical or mental , , childbirth, or related medical condition, military or veteran status, or any other characteristic protected under applicable law. E-Verify Notice: AES will provide the Social Security Administration (SSA) and if necessary, the Department of Homeland Security (DHS) with information from each new employee’s I-9 to confirm work authorization.

The expected salary for this position, at commencement of employment, is between $85,000 and $106,250/Annual; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements such as annual bonus, in addition to a full range of medical, dental, vision, life, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if a candidate receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.