Vice President, Asset Management at BWC HOLDINGS INC D/B/A BLUEWAVE ENERGY

Boston, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Jan, 26

Salary

220000.0

Posted On

08 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset Management, P&L Management, Revenue Generation, Customer Acquisition, Contract Management, Vendor Relations, FP&A, Strategic Planning, Risk Management, Documentation Control, Inventory Management, Insurance Management, Emergency Response Planning, Cybersecurity, Team Leadership, Analytical Skills, Communication Skills

Industry

Renewable Energy Semiconductor Manufacturing

Description

About the role: The asset management team will be responsible for solar and battery storage project intake during turnover, ensure technical and financial asset performance, accurate billing for revenues, contracting and managing subcontractors for field services and troubleshooting, creating and maintaining the asset register, budgeting, repair and refurbishment plans and executive reporting (in conjunction with Accounting and Capital Markets teams). Candidates must be located in the Boston / Greater Boston area and willing to work out of the Boston office 2-3 times per week. What you'll do: Responsible for managing P&L of operating assets against projected goals for revenue and expenses (bookkeeping by others). Oversee and drive revenue generation, customer acquisition/subscriptions vendors. Maintain the roster of company best practices, Standard Operating Procedures (SOPs) pertaining to Asset Management. Serve as the in-house expert and leader for the function. Be responsible for O&M RFPs, contract execution, performance and vendor relations. Oversee FP&A for performance optimization, executive and investor reporting on asset and portfolio performance (bookkeeping by others). Create strategic operation plans (2-year cycle), annual asset operation plans, annual budgets for operating assets, repair and refurbishment plans. Create, manage and maintain an asset register (identify and collaborate with internal teams to select the technology for it). Lead and manage a team of asset managers and field service technicians for the following tasks: Reporting energy and environmental attributes to various buyers, invoicing, monitoring AR. Manage lender/tax equity reporting, cash distributions, loan servicing, cash flow projections, etc. (bookkeeping by others). Ensure high quality asset intake during turnover from construction. Assess, monitor, and manage risk (a) operational, (b) commercial (credit/offtake), (c) suppliers (vendors/contractors) and warranties, and (d) safety and environmental risk against asset operation plans. Report and manage availability, run time, asset condition and capacity-utilization on electricity-related (energy and capacity) and non-electricity related (avoided emissions, societal) metrics. Establish and maintain documentation (document control and configuration control). Establish and maintain decision trees for Levels of Service: (a) preventive & predictive maintenance, and (b) repair, refurbish and replacement. Manage inventory of spares based on criticality and continuity requirements, track failures and corrective measures. Manage insurance coverage policies for assets, working with other teams. Establish emergency response plans and execute them; track and manage Incident Reporting and Resolution. Bringdown of historical reports to support project financing efforts. Monitor, maintain physical and cybersecurity perimeters and respond to incidents. Other attendant responsibilities associated with similar senior managers and department leaders. Supervisory responsibilities: continuing to build and lead the growing Asset Management team Qualifications: Bachelor’s degree in finance, accounting, engineering, or another relevant field from an accredited institution required; must be willing to learn across disciplines 15+ years of professional experience, including significant leadership experience building and managing teams, reporting to senior management, and engaging external stakeholders At least 10 years of progressive experience managing electric power generation or real estate facilities in the U.S. At least 5 years of experience managing assets with non-recourse financing and tax credit investments Strong ability to manage, train, and motivate teams to deliver at their peak capability Solid analytical and presentation skills, with strong verbal communication and business-writing abilities Ability to design, implement, and continuously improve Asset Management platforms and reporting tools Advanced proficiency in Excel and BI tools (Power BI, Tableau, etc.) Working knowledge of accounting/ERP systems (NetSuite, Dynamics) and asset management systems (IBM Maximo, 3-Megawatt BluePoint, or other comparable ticketing/work order management systems) Advanced familiarity with Building Energy Management Systems and SCADA systems for solar photovoltaic and battery storage projects (e.g., AlsoEnergy PowerTrack, PowerFactors, or Schneider Electric’s EcoStruxure) Intellectual curiosity and a continuous learning mindset Willingness to travel 25-30% for site visits as needed Nice to have: Familiarity or experience with wholesale or retail electricity markets or electricity trading; formal generator dispatch training from an ISO/RTO Familiarity or experience with community solar projects Experience deploying/managing a security or network operations center in the electricity domain The anticipated salary range for this role is $190,000 - $220,000 per year + bonus. Compensation will be influenced by a wide array of factors including but not limited to internal pay equity, job-related knowledge, skills, education, certifications, and relevant experience as outlined in the job description above. Benefits: At BlueWave, we are committed to supporting our employees with a comprehensive benefits package designed to promote health, financial security, and work-life balance. Our benefits include subsidized health, dental, and vision plans, as well as HSA, FSA, & DCFSA options. We also offer life insurance, critical illness and accident coverage, long- and short-term disability, an Employee Assistance Program (EAP), and a 401(k) plan with a company match. Employees enjoy unlimited paid time off, 13 paid holidays, "Summer Fridays," dedicated volunteer days, a commuting stipend (for hybrid employees based in MA), and cell phone reimbursement. EEO Statement: BlueWave is proud to be an Equal Employment Opportunity (EEO) employer. Providing equal employment opportunities to all employees and applicants for employment is critical to our identity and we do not discriminate on the basis of race, color, religion, religious creed, national origin, ancestry, sex, age, handicap (disability), sexual orientation, gender identity or expression, genetics, veteran status, marital status, pregnancy or pregnancy-related condition, military status or obligation, or other protected status, in accordance with applicable federal, state, and local laws. A Note to Third-Party Recruiters: BlueWave’s People Team manages all recruitment and hiring activities at our company. We do not accept unsolicited resumes from third-party recruiters, staffing firms, or related agencies. Resumes will only be accepted from third-party recruiters, staffing firms, or related agencies if there is a signed agreement in place AND if the People Team has authorized external recruiting assistance for a specific position. All unsolicited resumes will be considered the property of BlueWave. BlueWave is not responsible for any fees related to unsolicited resumes. #LI-JT1 #LI-Hybrid

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Responsibilities

The Vice President of Asset Management will oversee the asset management team responsible for solar and battery storage projects, ensuring technical and financial performance. This role includes managing P&L, driving revenue generation, and leading a team of asset managers and field service technicians.