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The Energy Contracts Manager is responsible for managing power purchase agreements (PPAs) including settlement of energy, capacity, RECs and other products across a portfolio of renewable generation assets. This role serves as a subject matter expert on contractual obligations, settlement structures and drivers of revenue. The incumbent acts as a key liaison between departments including Accounting, Operations and Maintenance, Legal as well as builds relationships with external stakeholders.
Job Responsibility:
PPA Management & Contractual Compliance: Review PPAs to interpret and capture all contractual commitments
Develop robust tracking and reporting process for monthly, annual, and adhoc obligations, including guarantees, production metrics, revenue, insurance, data feeds and financial security requirements
Lead Operating Committee reporting and discussions with offtakers
Participate in analysis and resolution of contractual disputes
Subject Matter Expert on the evaluation and interpretation of PPA language during negotiations of new contracts, mergers and acquisitions, asset enhancement projects, etc.
Settlements & Revenue Assurance: Manage with minimal guidance and perform the settlements process for power, RECs, and related trueups
Verify accuracy of settlement data related to metered generation, curtailment events, invoices, and trueups
Manage REC inventory, transfers, reconciliations, and compliance deliverables
Develops and maintains process documentation and flow maps
Portfolio-wide leadership of processes to ensure adherence to PPA timelines and timely provision of guidance to resolve issues
Reports on portfolio-wide monthly revenue results and budget variances ensuring quality control
Cross Functional Collaboration & Process improvement: Coordinate across internal teams and external counterparties to build processes, execute and fulfill contractual requirements
Lead process automation and continuous improvement initiatives
Requirements:
Bachelor’s degree in Accounting, Finance, Economics, Business, or related field
Master’s preferred
5-8 years of experience in energy, commodities, or power contract management
Ability to analyze and interpret complex contractual language
Excellent project management, communications, interpersonal, and organizational skills required
Working (for Manager) / Intermediate (for Sr.) understanding of the renewable industry, energy commodity markets and regional power system operators (e.g. PJM, ERCOT, NYISO, SPP, MISO, ISO-NE, AESO, etc.)
Familiarity (for Manager) / Fluency (for Sr.) in identifying and tracking concepts of risks and exposure from PPAs
Will require full knowledge of functional responsibilities of all groups/individuals within the organization
What we offer:
Affordable, quality healthcare for you and your family
Life insurance and disability benefits
Retirement benefits
Flexible spending accounts
Tuition reimbursement
Professional development allowance
Benefits are effective as of day one
401k with match fully vested as of day one
Generous PTO that supports work/life balance including: 4 weeks annually of vacation as well as personal days, volunteer days, your birthday off, paid holidays, and sick time
Paid leave programs
The opportunity to grow and develop your career with the support and mentorship of senior leaders