Junior Asset Analyst

General Description:

The Junior Asset Analyst has a wide range or responsibilities for commercial, contractual, regulatory and reporting obligations of the large utility solar project in Texas in order to maximize project financial performance. The position will also work closely with accounting team to meet accounting and tax requirements. The position will provide a perfect opportunity for a professional looking for asset management work within a small and rapidly growing team and developing their expertise of solar project.  

Main accountabilities:

• Support the project-level annual budget reforecast and monthly operating report to management with accurate explanations of variances to budget.
• Coordinate closely with accounting team and asset management service provider to ensure that monthly financials (USGAAP and IFRS) are completed in a timely and accurate manner.
• Administer tax equity investor compliance task including monthly report, cash distribution, allocation and HLBV by managing asset management service provider, and obtain internal and tax equity approval as needed.
• Manage cash positions including cash distribution and payment to vendors.
• Administer and manage major project documents, including leading resolution of significant agreement issues that stem from the operation of the project (e.g., financing agreement, LLCA, lease agreement, tax limitation agreement and equipment warranties).
• Renew insurance policies and manage claims by getting support from insurance broker.
• Support internal member to ensure that property tax limitation is applied to the project.
• Support project value up by utilizing new technology
• Oversee project level compliance with all regulatory requirements including NERC and ERCOT, ensuring that all filings are completed accurately and on-time.
• Other duties as assigned.

Direct reports:

• Senior Director (Project Manager)

Location:

• Houston, TX (sometimes solar project site at Wharton County, TX)

Travel:

• 0% – 15%

Minimum qualifications:

• Bachelor’s degree
• Proficient knowledge of Microsoft Office software and database development and management
• US driver’s license

Behavioral requirements:

• Positive, self-motivated and can-do personality – growth mindset preferred
• Problem-solving skills and close attention to detail
• Ability to perform duties in a collaborative working environment and to develop meaningful relationships
• Analytical skills
• Strong verbal, written communication and presentation skills

Physical demands & working conditions

• Sitting/Standing/Flexibility: Ability to stand and sit for eight (8) or more hours when in an office environment
• Lifting: Ability to lift items weighing up to 25 pounds
• Safety: Ability to understand and communicate safety precautions when necessary

Preferred qualifications: University degree in Business, Finance or related field (advanced degree or MBA preferred)