Manager/Sr. Manager, Portfolio & Asset Management at Diamond Generating Corporation in Los Angeles, California

Posted in Other 13 days ago.

Type: full-time





Job Description:

Diamond Generating Corporation ("DGC") is a worldwide leader in safe, clean electricity generation and energy services. We are a wholly owned subsidiary of Mitsubishi Corporation ("MC"), one of the world's most diverse enterprises, with over 700 subsidiaries and affiliates worldwide.

Purposes:

Supporting portfolio and asset commercial management for power plant / Battery storage assets owned and operated by DGC.

Reports to: Vice President, Portfolio & Asset Management

Responsibilities:

Under the direction of the Vice President/Director - Portfolio & Asset Management, working closely with coworkers from Portfolio & Asset Management, Accounting, and Finance functions. The person will be responsible to support the following activities:
• Invoicing & reconciliation: Support in preparing and reconciling monthly invoices to various counterparties.
  • Budget control & reporting: Support in preparing annual budgets, proforma, presentations, monthly asset manager reports, monthly reports to shareholders.
  • Regulatory issues: Support the oversight and compliance of all projects permits and licenses. Support Legal in FERC's registration of management changes.
  • Contracts control: Update and monitor the existing and new Resource Adequacy agreements, Power Purchase Agreement, Gas Purchase agreements, Insurance, Energy Management Agreement, and others.
  • Financial affairs: Support in controlling the project's finance/credit agreements documents and obligations, letter of credit/collateral/parents guarantee etc.
  • Plant operational issues: Support plant operational issues such as forced outages, unplanned outages, unbudgeted expenses, analysis of financial impacts and others.
  • Merchant project monitoring and risk control: Review merchant power plant asset data and update monthly earnings projection. Support merchant risk discussion with project partners.

Job Requirements
  • Bachelor's degree in engineering or science, finance, economics, accounting, or related field.
  • Highly proficient in Excel, PPT, and Microsoft Office products.
  • Experience in managing complex financial models using excel.
  • Familiarity with project documents of operating assets/project companies etc.
  • Good written and verbal communication skills, as well as analytical, problem solving, organizational and time management skills.
  • Self-starter and proactive in making continuous improvements with motivation to learn.
  • Experience within the electric power generation industry including asset management or operations roles is preferable.

Salary Range: $136,000 - $150,253 (May vary depending on knowledge, skills, and experience)
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