Portfolio Management Associate (Hybrid remote work schedule)

EDP Renewables

Houston Texas

United States

Financial Services - Banking / Investment / Finance
(No Timezone Provided)

The Portfolio Management Associate will manage EDPR NA's commercial, compliance, accounting, and financial obligations to project-level investors (tax equity investors, lenders, or minority shareholders). This position will be on a hybrid remote work schedule, working three days in office and two days from home. Main accountabilities: Oversee the key performance metrics of the generation assets and any material technical or commercial developments in areas such as power purchase agreements, market or regulatory environment, transmission grid, or warranties Lead the communication with investors on performance of portfolios, management approvals, and technical or commercial issues Work with Asset Management to monitor asset performance and commercial and technical developments Determine the impact of asset performance on investors and financial obligations Liaise with the legal department for interpretation and understanding of obligations and covenants under financial agreements Monitor the fulfillment of requirements and deadlines of the agreements under management Create and maintain a scheduled deliverables database for operating reports, budgets, financial statements, and other major events Manage financial tracking models by updating monthly actuals, cash distributions, and other changes (i.e. improvements, amendments) Perform analyses to provide results to Senior Management Assist with calculation of monthly cash distributions (namely with any required adjustments to normal distributions) Additional duties as required Direct reports: None Travel: None Minimum qualifications: Bachelor's degree from accredited university, MBA desirable 3 - 5 years of relevant sector or function experience Proficient knowledge of Microsoft Office software (Word, Excel, and PowerPoint) Solid understanding of investment concepts (IRR, NPV, and DCF), terminology, and financial models Database management and/or VBA coding skills are desirable Competency in Analytical Problem Solving, Strong Communication, Customer/Partner Relationships, and Technology Expertise preferred Behavioral requirements: Exceptional analytical skills, problem solving, and decision making skills including financial analysis and business case development Excellent written and verbal communication skills, including ability to communicate and interact with team members at all levels throughout the organization Ability to multi-task including project management, customer service, and special project work Be able to work independently with a high degree of initiative and flexibility Physical demands & working conditions: Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment. Speech/Reading: Ability to speak, read, and write English proficiently and deliver a variety of instructions furnished in written, verbal, diagram, or schedule form. Lifting: Ability to lift items weighing up to 10 pounds Vision/Hearing: Ability to understand a variety of instructions furnished in written, verbal, diagram, or schedule form. Safety: Ability to understand and communicate safety precautions when necessary

Portfolio Management Associate (Hybrid remote work schedule)

EDP Renewables

Houston Texas

United States

Financial Services - Banking / Investment / Finance

(No Timezone Provided)

The Portfolio Management Associate will manage EDPR NA's commercial, compliance, accounting, and financial obligations to project-level investors (tax equity investors, lenders, or minority shareholders). This position will be on a hybrid remote work schedule, working three days in office and two days from home. Main accountabilities: Oversee the key performance metrics of the generation assets and any material technical or commercial developments in areas such as power purchase agreements, market or regulatory environment, transmission grid, or warranties Lead the communication with investors on performance of portfolios, management approvals, and technical or commercial issues Work with Asset Management to monitor asset performance and commercial and technical developments Determine the impact of asset performance on investors and financial obligations Liaise with the legal department for interpretation and understanding of obligations and covenants under financial agreements Monitor the fulfillment of requirements and deadlines of the agreements under management Create and maintain a scheduled deliverables database for operating reports, budgets, financial statements, and other major events Manage financial tracking models by updating monthly actuals, cash distributions, and other changes (i.e. improvements, amendments) Perform analyses to provide results to Senior Management Assist with calculation of monthly cash distributions (namely with any required adjustments to normal distributions) Additional duties as required Direct reports: None Travel: None Minimum qualifications: Bachelor's degree from accredited university, MBA desirable 3 - 5 years of relevant sector or function experience Proficient knowledge of Microsoft Office software (Word, Excel, and PowerPoint) Solid understanding of investment concepts (IRR, NPV, and DCF), terminology, and financial models Database management and/or VBA coding skills are desirable Competency in Analytical Problem Solving, Strong Communication, Customer/Partner Relationships, and Technology Expertise preferred Behavioral requirements: Exceptional analytical skills, problem solving, and decision making skills including financial analysis and business case development Excellent written and verbal communication skills, including ability to communicate and interact with team members at all levels throughout the organization Ability to multi-task including project management, customer service, and special project work Be able to work independently with a high degree of initiative and flexibility Physical demands & working conditions: Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment. Speech/Reading: Ability to speak, read, and write English proficiently and deliver a variety of instructions furnished in written, verbal, diagram, or schedule form. Lifting: Ability to lift items weighing up to 10 pounds Vision/Hearing: Ability to understand a variety of instructions furnished in written, verbal, diagram, or schedule form. Safety: Ability to understand and communicate safety precautions when necessary