Job description
Formative Search has begun working closely with one of the world’s largest Oil and Gas companies, whom are spending billions to become a truly diversified energy giant, promoting the use of Renewable Energy.
In Asia, where the focus of this energy transition is taking place, they are looking for a O&M Asset Manager to support the fast growth and build up their Renewable Energy business from its Headquarters in the vibrant hub of Kuala Lumpur, Malaysia.
Key responsibilities and duties:
P&L responsibility for a portfolio of operating assets (wind, solar, and etc projects).
Prepare annual budgets and track variance to budget.
Prepare reoccurring reports and project performance for internal and external parties.
Collaborate with energy marketing to identify revenue increasing and risk mitigation opportunities.
Ensure strict compliance with all project governing documents including Power Purchase Agreements, O&M Agreements, Interconnection Agreements, land leases, Financing Agreements, and LLC Agreements.
Manage and resolve legal, contractual, regulatory, and commercial issues as they arise with support of the team
Manage day-to-day stakeholder relationship management with local and state authorities, financing and investors partners, regulatory agencies, landowners, and other entities.
Continually seek out opportunities to improve financial and operational performance of assets
Negotiate contracts to increase revenue, lower operating costs, and increase operational efficiencies.
Oversee all vendor relationships included the O&M provider.
Requirements:
Bachelor’s Degree in Engineering or Economics is required
Minimum of 5 – 7 years’ experience in wind or solar energy operations.
Prior operational experience at thermal, coal, hydro, or nuclear plant a plus.
Knowledge of the energy and renewable energy market, to stay current with changing technologies, regulations, and trends influencing the adoption of renewable energy.
Experience with planning and implementing routine O&M plans as well as minor and major corrective work.
Experience with environmental and governmental compliance.
Strong understanding of project finance, legal contracts, accounting, and contract/warranty negotiations.
Experience creating and performing simple financial modelling for O&M related matters