Company
Longroad Energy is a Boston, MA headquartered renewable energy developer focused on the development, ownership, and operation/asset management of wind and solar energy projects throughout North America. Founded in 2016, Longroad owns 4.5 GW of wind and solar projects across the United States in addition to operating and managing a total of 6.2 GW of wind and solar projects on behalf of Longroad and third parties. Our vision is to create lasting value for our shareholders, communities, and employees by responsibly developing, owning, and operating renewable energy projects. We have assembled a world-class team with a passion for renewable energy innovation and a commitment to developing renewable projects throughout the US.
Job Purpose
Reporting to the Senior Director, Commercial Asset Management, the Asset Management Associate is a valued contributor to a close-knit team that is responsible for the management and the financial performance of a renewable energy portfolio. The broader asset management team is responsible for managing a growing 6 GW portfolio of solar, wind, and battery-storage assets. The role provides an opportunity to gain exposure to all facets of the renewable energy industry and to grow within the asset management team.
The asset management team at Longroad values a strong understanding of renewable energy operations and the interest in working with a team to optimize performance. We value individuals that are capable of leading a team with an inclusive and humble approach. Someone with a background in engineering, finance, performance analytics, or renewable energy operations would be a good candidate for the associate position.
In addition to working with the Senior Director, the associate will work directly with the site operations teams, a project engineer, a project accountant, financial planning, treasury, and additional asset managers.
Responsibilities
Portfolio Management & Compliance
- Support Senior Director, Commercial Asset Management on all required portfolio tasks to ensure assets complete all compliance requirements.
- Maintain all portfolio files and records in the Longroad file repository.
- Complete all EIA and FERC filing requirements under direction of Director, Commercial Asset Management.
- Manage REC registrations, ownership updates, and transaction execution.
- Manage land-lease payment schedule in coordination with the Real Estate and accounting teams.
Financial Performance & Analysis
- Assist with annual budgeting and ongoing financial forecasting for operating and development-stage projects.
- Support the monthly financial performance (EBITDA) review process.
- Perform ad-hoc financial analysis to evaluate project investment opportunities
- Maintain files with running accounts of various parameters that are key indicators for the asset management team (e.g. costs, generation, RECs, etc.)
Operational & Cross-Functional Coordination
- Partner with Operations and Engineering teams to monitor site performance and identify trends or risks.
- Respond to internal and external data requests, ensuring accuracy and consistency.
- Support the asset management and operational onboarding of developed and acquired projects.
- Partner with the treasury team to ensure complete and timely debt and vendor payments.
Reporting & Market Analysis
- Lead monthly operational and financial reporting.
- Develop data dashboards to monitor site performance, trends, and decision-making.
- Research ISO markets, resource adequacy structures, and evolving energy market requirements to inform asset strategy.
Minimum Qualifications
- Bachelor’s degree in finance, engineering, accounting, business, or equivalent.
- Minimum of 1 year of experience in renewable energy, power generation, finance, accounting, engineering, or performance analytics.
- Strong time-management skills with the ability to manage multiple priorities and meet deadlines.
- Proficiency in MS Office.
- Strong analytical, writing, and communication skills.
- Willingness to learn and leverage new tools, including data analytics, and AI-enabled workflows to improve efficiency.
- Strong qualitative and quantitative analytical skills, with the ability to manage multiple issues simultaneously and clearly articulate key principles, concerns, and solutions to drive effective resolution.
- Ability to travel periodically to project sites and provide schedule flexibility when business needs require.
- Cover Letter preferred
Preferred Qualifications:
- Experience with renewable energy operations.
- General knowledge of the technical operation and performance of power projects. Gaining field experience observing technicians performing maintenance and repairs will be a part of the Associate’s first year in the role.
- Experience reviewing contracts.
Characteristics Necessary for Success
- Collaborative working style and a can-do attitude.
- Curious and proactive approach to understanding asset performance drivers.
- Comfortable with a fast paced and rapidly changing environment.
- Ability to garner consensus from diverse internal stakeholder groups to make decisions quickly.
- Passionate and enthusiastic about renewable energy.
- Highly organized, able to multitask and manage multiple projects efficiently.
- Integrity, humility, curiosity, and accountability.
Salary/Compensation
The salary range is between $90k- $110k. In addition to base salary, this role includes a corporate bonus.The position offers health, vision/dental insurance, flexible spending accounts, 401(k) plan, accrued paid time off, life insurance and disability coverage.
We encourage candidates to consider total compensation when applying and if you feel you meet the requirements and are excited to learn more, we’d love to share.
*Note that the pay range listed for this position is a good faith and reasonable estimate of the range of possible base compensation at the time of posting. Exact compensation may vary based on skills, experience and location.
Other
Applicants must be currently authorized to work in the United States. The Company does not sponsor applicants for work visas.
Benefits of Working at Longroad Energy We are dedicated to providing our employees with the support and resources they need to stay healthy, secure their future, and be successful in their careers. Benefits at Longroad include the opportunity for merit-based salary increases, incentive plan participation, eligibility for our 401 (k) plan and matching, and comprehensive medical, dental, vision, life, and disability insurance. Our robust time-off policy includes accrual of 18 vacation days in your first year, paid holidays, and paid volunteer time. We offer paid parental leave to help support employees as they transition into parenthood. Learn more about our employee benefits.
Diversity, Equity & Inclusion Diversity, equity, and inclusion matter - at Longroad, in our industry, in our communities, and in society at large. We embrace our responsibility to build and promote a diverse, equitable, and inclusive working experience and drive change where we live and operate. We work to actively promote and celebrate diversity, equity, and inclusion. We foster a supportive space that empowers everyone at Longroad to learn about, discuss and ask questions related to embracing and honoring identity. We collaborate with our community, colleagues, and industry in the ongoing pursuit of evolving and growing an inclusive and diverse environment. Learn more about our DEI commitment.
Longroad Energy Values At Longroad, we SHINE. We aim to be the most trusted renewable energy company on the long road to a green future. We are an experienced team of problem solvers and promise-keepers who develop sustainable solutions that meet today’s challenges and make a lasting impact on people and our planet. Learn more about our SHINE values.
Longroad Energy is proud to be an Equal Opportunity Employer (“EOE”). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, disability, veteran status, citizenship, or any other legally protected status. Longroad Energy prohibits discrimination against individuals with disabilities and will reasonably accommodate applicants with a disability, upon request, and will also ensure reasonable accommodations are made for disabled employees. Longroad Energy is firmly committed to ensuring equal employment opportunities in all employment practices and personnel actions, including advertising, recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, rates of pay, and other forms of compensation.
