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    Manager/Sr. Manager, Portfolio - Los Angeles, United States - Diamond Generating Corporation

    Diamond Generating Corporation
    Diamond Generating Corporation Los Angeles, United States

    4 weeks ago

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    Description
    Diamond Generating Corporation ("DGC") is a worldwide leader in safe, clean electricity generation and energy services.

    We are a wholly owned subsidiary of Mitsubishi Corporation ("MC"), one of the world's most diverse enterprises, with over 700 subsidiaries and affiliates worldwide.


    Purposes:
    Supporting portfolio and asset commercial management for power plant / Battery storage assets owned and operated by DGC.

    Reports to :
    Vice President, Portfolio & Asset Management

    Responsibilities:


    Under the direction of the Vice President/Director – Portfolio & Asset Management, working closely with coworkers from Portfolio & Asset Management, Accounting, and Finance functions.

    The person will be responsible to support the following activities:

    • Invoicing & reconciliation: Support in preparing and reconciling monthly invoices to various counterparties.

    Budget control & reporting:
    Support in preparing annual budgets, proforma, presentations, monthly asset manager reports, monthly reports to shareholders.

    Regulatory issues:
    Support the oversight and compliance of all projects permits and licenses. Support Legal in FERC's registration of management changes.

    Contracts control:

    Update and monitor the existing and new Resource Adequacy agreements, Power Purchase Agreement, Gas Purchase agreements, Insurance, Energy Management Agreement, and others.


    Financial affairs:
    Support in controlling the project's finance/credit agreements documents and obligations, letter of credit/collateral/parents guarantee etc.

    Plant operational issues:
    Support plant operational issues such as forced outages, unplanned outages, unbudgeted expenses, analysis of financial impacts and others.
    Merchant project monitoring and risk control: Review merchant power plant asset data and update monthly earnings projection. Support merchant risk discussion with project partners.
    Job Requirements
    Bachelor's degree in engineering or science, finance, economics, accounting, or related field.
    Highly proficient in Excel, PPT, and Microsoft Office products.
    Experience in managing complex financial models using excel.
    Familiarity with project documents of operating assets/project companies etc.
    Good written and verbal communication skills, as well as analytical, problem solving, organizational and time management skills.
    Self-starter and proactive in making continuous improvements with motivation to learn.
    Experience within the electric power generation industry including asset management or operations roles is preferable.

    Salary Range:
    $136,000 - $150,253 (May vary depending on knowledge, skills, and experience)

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