SB Energy is hiring a
Senior Associate/Asset Manager

Summary

Join SB Energy, a leading company backed by SoftBank and Ares, in accelerating the clean energy revolution. As an Asset Manager, you will oversee a portfolio of operating utility scale solar and storage projects across the United States, optimizing financial performance and commercial success.

Requirements

• Undergraduate degree in Business, Finance, Accounting, Economics, or a related field; advanced degrees or certifications (MBA, PMP, etc.) desired
• Minimum 2-5 years of experience in a leading sponsor, investor/lender, or advisor role within the power or renewables sector, with a strong focus on Tax Equity Financing and Financial Modeling
• Minimum of 3-5 years of experience in the energy industry, with specific experience in utility-scale renewable energy preferred
• Demonstrated experience in building and managing complex financial models, including Tax Equity and Debt Service models
• Experience using Asset Management software tools
• Familiarity with K-1 tax documents and incorporation into financial models
• Strong understanding of project finance, legal contracts, accounting, and contract negotiations
• Strong proficiency with managing financial metrics and analyses, including IRR, ROI, NPV, and DCF models
• Commercial mindset with excellent prioritization, communication, and organizational skills
• Demonstrated ability to learn quickly, research independently, and apply knowledge effectively in new areas
• Proficiency with Microsoft Suite, including Word, Excel, Project, Outlook, and PowerPoint
• Willingness and ability to travel as needed

Responsibilities

• Manage and update project models post-Commercial Operations
• Work with the Finance team to approve distributions, debt waterfall calculations and DSCR reporting
• Oversee and manage project P&L, ensuring projects are performing at or above financial forecasts
• Collaborate with Risk and Portfolio Management on financial risk assessments and strategies
• Lead approvals of changes to revenue strategies with Power Committee and Risk Committee as necessary
• Lead the development and management of annual project budgets and oversee variance analyses against actuals
• Oversee delivery of monthly operating reports, actual to budget reports and distribution reports to external parties
• Conduct in-depth reviews of financial statements (quarterly and annual) and oversee the review of K-1 tax documents and Annual Tax Returns prepared by the accounting team
• Review settlement statements, approve revenue invoices, and provide support to settlements department if needed on disputes
• Coordinate with accounting to ensure accurate billing, revenue, and expense allocations
• Assist in acquisition due diligence by identifying operational risks, costs, and opportunities for improvement
• Manage all project contracts, ensuring compliance and standardizing contract management and reporting processes
• Ensure project companies and affiliates comply with equity and debt financing documents in coordination with financial compliance team
• Collaborate with legal and contracts teams on manage amendments contract amendments
• Manage the transition of projects from development and construction phases to asset management, ensuring a seamless handover process
• Participate in acquisition due diligence, identifying operational risks, costs, and opportunities for improvement
• Review performance reports, issues, and initiatives to improve operational performance with Operations team and provide support when needing coordination with TE and debt counterparties
• Collaborate with internal teams and external partners to identify revenue-enhancing and risk mitigation opportunities
• Manage relationships with project stakeholders, including off takers, landowners, ISOs, regulatory entities, and financing parties

Benefits

• Comprehensive Medical, Dental, and Vision insurance: 100% premium covered by the company, for employees and dependents
• Long-Term Disability (LTD), Life Insurance, AD&D and Voluntary Legal ​Insurance Plan
• Competitive Retirement Benefits with 401(k) company match
• Generous Paid Time Off and 11 Paid Company Holidays
• Flexible working arrangements
• 12 weeks fully paid Parental Leave
• Flexible Spending Account (FSA) –​ Medical & Dependent FSA; Transit & Commuter FSA with employer contributions
• Mental Health Wellness Offerings
• Discounted Physical Wellness plan & Pet Insurance
• Monthly reimbursement for Phone/Internet/Data
• Phone Equipment Purchase Benefits
• Thoughtful Hybrid Workplace Set-up Benefits