Asset Management Analyst
Sol Systems is seeking the Asset Management Analyst that will support the Asset Management Group’s work on behalf of its third-party institutional investor clients and company owned solar projects. The Asset Management Group helps Sol’s clients manage their solar investments through transaction monitoring, financial analysis and advisory services. The Group also supports Sol's strategic vision by monitoring the company’s direct investments, managing financial exposure from existing contracts and advising the company on strategic initiatives.
Sol Systems is a leading solar energy firm based in Washington, DC, dedicated to building a more sustainable future. Founded in 2008, the company deploys renewable energy infrastructure across the United States, with a specific focus on ensuring that these projects have a positive economic impact on the communities in which they operate. The company has financed or developed over $2 billion of solar energy assets to date. We work with some of the largest corporations in the world to achieve a carbon-free and sustainable future. Sol has been founder-lead throughout its 15 years of operations, and is backed by KKR, one of the largest private equity firms in the world.
Key Responsibilities:
- Designing and maintaining investor reporting utilizing solar data systems, partner reports, financial reporting systems, and advanced Microsoft office tools.
- Producing PPA invoices and delivering to energy offtake customers
- Managing vendor invoices to ensure accuracy of the invoiced expenses and on-time payment
- Ensuring compliance with commercial agreements such as loan contracts, power purchase agreements, renewable energy incentive programs, and other aspects of solar energy projects
- Investigating sources of underperformance of utility and distributed generation solar assets using remote data acquisition systems and providing guidance to stakeholders
- Supporting in analysis of tax equity financial structures to provide guidance to management and investor partners on tax structuring and financial results
- Performing credit analysis on utility, financial, and solar developer counterparties
- Assisting with the favorable resolution of operational issues and contractual disputes and communicating complex technical or financial issues to investors and other stakeholders
- Providing regular financial updates to investors on project performance and financial returns
- Participating in regular meetings with investors and counterparties
- Supporting other Asset Management Group functions as needed.
A successful candidate will possess the following skills and attributes:
- Minimum Requirements:
o Bachelor’s degree; preferably in finance, economics or business
o Excellent communication skills with the ability to succinctly summarize complex financial and technical issues, both in writing and verbally.
o Ability to organize and manage workflows across different teams and individuals
o Proficiency with Microsoft Office products including Word, Excel and PowerPoint.
o Flexibility and ability to work in a small office, open floor plan environment.
o Positive attitude in stressful situations
- Preferably:
o Experience in asset management, energy and/or project finance
o Experience with tax equity transactions, including the partnership flip and inverted lease, and familiarity with financial modeling strongly preferred
o Working knowledge of Power BI
Location & Hours: This is a full-time role and will be based in our Washington, DC office.
Commitment & Compensation: Compensation will be commensurate with experience. In addition, Sol Systems provides health insurance, retirement benefits, partial gym reimbursement, education benefits, parental leave, paid vacation, sick and federal holidays, and the opportunity to work in a unique and dynamic environment.
To Apply: Please submit a resume, cover letter and salary requirements.
Deadline: We hope to hire for these positions immediately and will review applicants on a rolling basis.
Sol Systems is an equal-opportunity employer, and does not discriminate based on gender, race, ethnicity, orientation, creed, or other traits. Sol Systems supports and encourages candidates of all backgrounds to apply.