Director Asset Management

Job Description

Position Overview

MN8 Energy is seeking a dynamic and experienced Director of Asset Management to lead the strategic oversight and management of our renewable energy assets. This role will ensure optimal performance, efficiency, and financial returns of our energy assets, while supporting MN8’s growth in the renewable energy sector. The ideal candidate will have a deep understanding of asset management principles, energy markets, financial modeling, and renewable energy technologies, particularly in solar, battery storage, and other distributed generation systems.

As the Director of Asset Management, you will:

· Asset Portfolio Management: Lead the oversight of a portfolio of renewable energy assets, ensuring optimal operational performance and financial returns.

· Strategy Development: Develop and implement asset management strategies to maximize profitability, including revenue generation, cost control, and efficiency improvements.

· Performance Monitoring: Monitor and analyze asset performance metrics, ensuring alignment with operational goals and industry standards.

· Risk Management: Identify and mitigate operational, financial, and market risks associated with the asset portfolio.

· Contract Management: Manage and oversee Power Purchase Agreements (PPAs), Operations & Maintenance (O&M) contracts, and other agreements related to the assets.

· Financial Oversight: Work with the finance team to forecast revenue, monitor cash flows, and ensure compliance with budgets.

· Reporting & Analytics: Produce regular performance reports for internal and external stakeholders, providing insights on KPIs, asset performance, and financial metrics.

· Cross-Functional Collaboration: Collaborate with teams across engineering, finance, legal, and operations to ensure the successful management of assets.

· Regulatory Compliance: Ensure all assets are compliant with local, state, and federal regulations, as well as corporate standards.

· Leadership & Development: Mentor and lead a team of asset managers, providing guidance and development opportunities to enhance team performance.

Our Ideal Candidate will Have:

· Education: Bachelor’s degree in Engineering, Finance, Business, or a related field. Master’s degree or MBA is preferred.

· Experience: Minimum of 10 years of experience in asset management, with at least 5 years in the renewable energy sector.

· Technical Knowledge: Deep understanding of renewable energy technologies, including solar and energy storage. Familiarity with energy market structures, regulatory frameworks, and financial modeling.

· Analytical Skills: Proficient in analyzing performance metrics, conducting financial analyses, and utilizing asset management software tools.

· Leadership: Proven track record of successfully managing and developing high-performing teams.

· Communication: Excellent verbal and written communication skills, with the ability to present complex information to stakeholders at all levels.

· Problem Solving: Strong critical thinking and problem-solving skills, with the ability to navigate complex challenges.

· Certifications: CFA, PMP, or similar certifications are a plus.

How we set you up for success:

At MN8, we cultivate a culture of equity, through transparency and accessibility, where everyone thrives. We know our most valuable resource is our people. That’s why we offer the following benefits. By investing in you, we know we are investing in the clean energy of tomorrow.

• Medical/Dental/Vision Insurance beginning the 1st of the month following your date of hire
• Paid Time Off
• Paid holidays and floating holidays
• 401(k) with competitive employer match
• Hybrid work schedule (Tuesday through Thursday in the office) along with a “work from anywhere” allocation
• Parental leave

MN8 Energy is an Equal Opportunity Employer and fully subscribes to the principles of Equal Employment Opportunity to ensure that all applicants and employees are considered for hire, promotion, and job status without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, marital or familial status.