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  • Portfolio Manager Renewable Energy Assets - Irvine - 174 Power Global

    174 Power Global
    174 Power Global Irvine

    3 days ago

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    Description
    Job Title: Portfolio Manager

    Company Overview
    174 Power Global, an affiliate of the Hanwha Group, designs and manages renewable energy solutions. With a decade of global leadership in renewable energy, the company combines best-of-world technology and processes to deliver utility-grade energy solutions.

    Position Overview
    We are seeking a detail-oriented and finance-savvy Portfolio Manager to oversee a portfolio of utility-scale solar PV and battery storage (BESS) projects across North America. This role is responsible for managing projects from Substantial Completion through Operations, ensuring financial optimization and operational efficiency.

    Responsibilities:
    • Manage renewable energy projects from Substantial Completion through operation to sale, ensuring alignment with project financing agreements.
    • Monitor and optimize project-level cash flow; manage timely and accurate cash distributions to tax equity investors and project sponsors.
    • Administer back-leverage loans including DSCR tracking, covenant reporting, and waterfall tracking.
    • Serve as the primary point of contact with financing parties, including tax equity and lenders; coordinate capital calls, compliance reporting, and quarterly financial deliverables.
    • Track and analyze tax equity flip schedules, ensuring consistency with partnership agreements and financial models.
    • Summarize key provisions and decision points in financing agreements for internal use.
    • Manage Depository Agreements and Certificates for release of funds.
    • Review project budgets vs. actuals, identify variance and recommend corrective actions.
    • Prepare and deliver project performance updates to internal leadership and external stakeholders, including financial institutions, investors, and partners.
    • Review P/L and support the accounting team with audits, monthly close, financial reporting.

    Required Qualifications:
    • Bachelor's degree in finance, engineering, economics or related field; master's degree or MBA is a plus.
    • 5+ years of experience in renewable energy, infrastructure or financial asset management.
    • Strong understanding of project finance, tax equity structures, and renewable energy operations.
    • Advanced Excel and financial modeling skills.
    • Excellent communication and stakeholder management abilities.
    • Highly organized and capable of managing multiple priorities in a fast-paced environment.

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