Asset Management Associate Job at TotalEnergies
Finance, General Services, Particular Situations, Strategy Economics Business
HOUSTON-LOUISIANA STREET(USA)
USA
Job Description
ACTIVITIES:
The position is part of TotalEnergies’ financial asset management team, responsible for managing the long-term financial performance and compliance of a portfolio of commercial and utility scale solar and storage assets. The position will work closely with key internal and external stakeholders to manage the commercial, contractual, regulatory, and reporting obligations of the assigned projects to ensure compliance and maximize return on investment for the various project investors.
- Monitoring of project level profit & loss (P&L) activities to ensure that the projects are delivering expected financial returns
- Coordinating closely with accounting team to ensure monthly accruals, GL entries, and internal reporting are competed in a timely and accurate manner
- Administering all project level financing agreements including execution of construction loan draws, lease payments and investor cash distributions
- Overseeing fulfilment and compliance of all project-level contracts including the PPA, LGIA, O&M, EPC and financing agreements
- Managing relationships with key project level stakeholders including cash and tax equity investors, offtakers, contractors and various regulatory bodies
- Supporting cross-functional teams in resolution of material issues affecting assigned assets (e.g. commercial disputes, warranty claims, environmental or regulatory violations)
- Monitoring and driving PV plant operational performance by working closely with the operations team to identify and prioritize improvement initiatives
- Overseeing project level compliance with all regulatory and environmental requirements, ensuring that all filings are completed accurately and on-time
- Ensuring the management framework developed by the Asset Management team is implemented consistently across all projects in assigned portfolio
- Supporting the Asset Management team as the SME for Renewable Energy Credit (REC) and incentive program management, including administering accounts in WREGIS, GATS, NEPOOL, etc., and liaising with TotalEnergies’ trading group to execute transactions.
The position is part of TotalEnergies’ financial asset management team, responsible for managing the long-term financial performance and compliance of a portfolio of commercial and utility scale solar and storage assets. The position will work closely with key internal and external stakeholders to manage the commercial, contractual, regulatory, and reporting obligations of the assigned projects to ensure compliance and maximize return on investment for the various project investors.
Context and environment
CONTEXT & ENVIRONMENT:
The financial Asset Management team is part of the US Distributed Generation business, under the global DG and Renewables division. Primary project types include commercial scale rooftops, carports, and ground mounted solar and storage typically with behind the meter interconnections.
Focus is on PPA and tax equity-financed deals during the operations phase.
The financial Asset Management team is part of the US Distributed Generation business, under the global DG and Renewables division. Primary project types include commercial scale rooftops, carports, and ground mounted solar and storage typically with behind the meter interconnections.
Focus is on PPA and tax equity-financed deals during the operations phase.
Candidate profile
QUALIFICATIONS & EXPERIENCE:
Minimum Requirements:
TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.
Minimum Requirements:
- Bachelor’s degree and 4-6 years related experience
- OR equivalent combination of education and years of related experience
- Experience in financial asset management, project finance, or project development
- University degree in Finance, Engineering, Business, Accounting, or other related field
- 2-4 years of relevant industry experience, ideally in renewable energy finance
- Proficiency in Microsoft Office Suite products, especially advanced Excel
- Detail oriented, self-motivated and strong work ethic with the ability to proactively manage diverse relationships and multiple, complex projects simultaneously
- Comfortable in fast-paced, growing company
- Strong oral and written communication skills
- Strong analytical and financial modeling skills
- Strong interpersonal skills, professionalism, and ability to work closely with members of different business groups and functions of a global company at all levels
- Knowledge of renewable energy technologies, solar markets and related regulatory issues as well as Renewable Energy Credits and other market incentive programs (i.e. CA’s Small Generator Incentive Program or NEPOOL’s DG Capacity Market)
- Based in Austin, Texas
TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.
Offer ID
70416BR
Metier
Profit centre management, Joint Venture Management, Strategy Economics, General Finance Responsibility, Cost Control & Reporting, Accounting, Cash & Financing Management, Financial Informations Systems, General Services Responsibilit
Workplace location (Precisions/Keywords)
Austin, Texas or Houston, Texas
Employment type
Regular position
Experience level required
Minimum 3 years, Minimum 6 years
Branch
Gas Renewables And Power
About us / company profile
Give your best to better energy and make the commitment with Total. With over 500-plus professions in 130 countries, we offer high safety and environmental standards, strong ethical values, an innovation culture and wide-ranging career development. Be part of the global team whose mission is already shared by 100,000 employees: to make energy better each and every day.
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