EDP Renewables is a global leader in the renewable energy sector and currently operates in more than 25 markets. With eight offices and several sites, at EDP Renewables North America, we are experienced developers and operators of renewable energy. Our portfolio includes wind farms, solar parks, energy storage projects, and green hydrogen solutions throughout the continent. We are ranked among the top 5 in the U.S. in operational renewable energy capacity.
Our company is part of EDP, a global energy group present in around 30 markets with a particular emphasis on renewable energies. With more than 45 years of experience, we have been consolidating a relevant presence on the world energy scene based on the commitment to be all-green by 2030, leading the energy transition. With more than 13,000 employees around the world, we are committed to using our energy and heart to drive a better tomorrow.
What You Will DoRole Overview:The Portfolio Management Associate Director will manage EDPR NA’s commercial, compliance, accounting, and financial obligations to project- evel investors (tax equity investors, lenders, or minority shareholders).
The Portfolio Management Associate Director will play an active role in building and maintaining relationships with existing investors and must be able to provide accurate and timely financial information, as well as analysis and insights to ensure that investors have a clear understanding of the projects' performance and prospects.
Main responsibilities:

• Develop, propose to the Finance EVP and successfully implement EDPR NA’s strategy for communicating with tax equity investors, lenders and project-level minority shareholders.
• Manage and develop the Portfolio Management team members through the individual team needs while promoting a positive and purposeful learning environment
• Oversee the key performance metrics of the generation assets and any material technical or commercial developments in areas such as power purchase agreements, market or regulatory environment, transmission grid, or warranties
• Lead the communication with investors on performance of portfolios, management approvals, and technical or commercial issues
• Work with Asset Management to monitor asset performance and commercial and technical developments
• Determine the impact of asset performance on investors and financial obligations
• Liaise with the legal department for interpretation and understanding of obligations and covenants under financial agreements
• Participate in the renegotiation of existing agreements to address restructuring of deals, new or amended power purchase agreements, tax issues, or other commercial events
• Monitor the fulfillment of requirements and deadlines of the agreements under management
• Create and maintain a scheduled deliverables database for operating reports, budgets, financial statements, and other major events
• Use Salesforce to log, document, and track investor events, correspondence, interactions, and investor information
• Manage financial tracking models by updating monthly actuals, cash distributions, and other changes (i.e. improvements, amendments)
• Perform analyses to provide results to Senior Management
• Assist with calculation of monthly cash distributions (namely with any required adjustments to normal distributions)
• Additional duties as required

Employment typeFull Time
Work siteHybrid
What Are We Looking ForMinimum Requirements:

• Bachelor’s degree in finance, engineering or related field from accredited university, MBA or Masters of Finance desirable
• 10 years of relevant sector or function experience
• Hands-on knowledge of complex valuation, financial modelling and solid understanding of investment concepts
• Proficient knowledge of Microsoft Office software (Word, Excel, and PowerPoint)
• Database management and/or VBA coding skills are desirable
• Competency in Analytical Problem Solving, Strong Communication, Customer/Partner Relationships, and Technology Expertise preferred
• Exceptional analytical skills, problem solving, and decision-making skills including financial analysis and business case development
• Excellent written and verbal communication skills, including ability to communicate and interact with team members at all levels throughout the organization
• Ability to multi-task including project management, customer service, and special project work
• Be able to work independently with a high degree of initiative and flexibility

Travel:0 – 10%
Behavioral Requirements:

• Strong analytical and problem-solving skills
• Strong written and verbal communication and presentation skills
• Ability to be self-motivated and motivate others
• Strong Interpersonal and teamwork skills
• High attention to detail

Physical demands & working conditions:

• Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment.
• Speech/Reading: Ability to speak, read, and write English proficiently and deliver a variety of instructions furnished in written, verbal, diagram, or schedule form.
• Lifting: Ability to lift items weighing up to 10 pounds
• Vision/Hearing: Ability to understand a variety of instructions furnished in written, verbal, diagram, or schedule form

Equal opportunities for allOur vision is that each person combines their unique characteristics and experiences to fulfill our mission of creating new energy for the planet. We are an inclusive employer, ensuring all candidates are treated fairly throughout the recruitment process. We welcome and value all people, and we are committed to fostering a sense of belonging for each person who is part of the EDP group.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. EDP makes hiring decisions based solely on qualifications, merit, and business needs at the time. For further information, please review this notice from the Department of Labor: EEO is the Law poster (https://www.eeoc.gov/poster). You may have additional rights pursuant to recent amendments to federal labor laws. Please review these protections from the EEO is the Law Supplement (https://www.eeoc.gov).
Need more reasons to apply?As a top employer we:

• Empower our employees through a positive and innovative work environment that promotes collaboration and agile decision-making;
• Respect and value each person, providing a flexible, healthy, and inclusive workplace with a range of attractive benefits;
• Provide a meaningful work experience and prepare our people for future challenges through different opportunities for development and internal mobility;

Our efforts have resulted in several distinctions over time, highlighting the EDP group's strong positioning and its dedication and commitment to attracting and retaining the best talent:

• Top employer certification by Top Employers Institute
• Part of the Bloomberg Gender-Equality Index
• Global certification as a family-responsible company by Fundación Másfamília
• Top 100 Workplaces by Houston Chronicle

Discover our tips to enhance your performance during the recruitment process and apply until August 30 2024, if you think you are the right fit for this opportunity.