Vice President Asset Management, Renewable Energy

Vice President, Asset Management Renewable Energy

Location – Annapolis, MD (Hybrid)

The Vice President of Asset Management is a newly created opportunity within a prominent fast-growing renewable energy developer and investment company. This full-time opportunity will join a nationally recognized team and lead the strategic management, performance, and optimization of solar and battery storage operational assets. This senior leadership role will utilize a deep understanding of renewable energy operations and financial acumen to drive performance and improvements across a large-scale portfolio. The Vice President of Asset Management opportunity will offer a competitive compensation package comprised of a base salary in the $225,000 to $250,000 range plus up to 50% bonus, and excellent benefits. This position will be based out of the company’s headquarters based in Annapolis, MD and offer a hybrid flexible work schedule.

Vice President of Asset Management – Job Description

• Build and lead a high-performing asset management team, fostering a culture of accountability and continuous improvement.
• Work cross-functionally with development, engineering, and finance teams to ensure alignment on asset performance goals.
• Stay ahead of industry trends, regulatory changes, and emerging technologies to drive innovation and maintain company’s competitive edge.
• Provide regular reports and insights to executive leadership, supporting data-driven decision-making. Support M&A, acquisition, divestiture, and partnership initiatives.
• Oversee the operations and performance of company’s solar and battery assets, ensuring they meet or exceed financial and technical performance targets. Develop and implement strategies to optimize asset performance and improve operational efficiency.
• Leverage data analytics and digital tools to enhance asset monitoring, reporting, and decision-making.
• Responsible for ensuring that projects achieve maximum efficiency, comply with all regulatory and contractual obligations, and deliver strong financial returns.
• Work closely with cross-functional teams, including finance, commercial, and the EPC team, to ensure that assets are operating at peak efficiency and delivering maximum value and will oversee all phases of project operations, including directing third-party Operators.
• Develop and manage asset budgets, forecasts, and financial models to track revenue, operating expenses, and profitability.
• Oversee power purchase agreements (PPAs), tax equity structures, and other contractual obligations to ensure compliance and financial performance.
• Provide transparent reporting and updates on asset performance.
• Drive cost-reduction initiatives to improve asset profitability and return on investment.
• Ensure all assets comply with local, state, and federal regulations, as well as industry standards for safety, environmental impact, and grid compliance.
• Oversee and negotiate contracts with third-party operators, O&M providers, and service vendors, ensuring optimal service delivery and adherence to agreements.
• Develop and implement risk management strategies, including contingency planning and mitigation of operational risks. Ensure all necessary permits, licenses, and compliance requirements are maintained for operational assets.

Vice President of Asset Management – Job Qualifications

• A bachelor’s degree in engineering, finance, business, or a related field; an MBA or relevant advanced degree is preferred.
• 10 years of experience in asset management, operations, or finance within the renewable energy sector.
• Deep understanding of renewable energy technologies, particularly solar and energy storage.
• Proven leadership experience, with the ability to manage teams and collaborate across functions.
• Strong analytical and problem-solving skills, with expertise in data-driven decision-making.
• Excellent communication and stakeholder management skills.
• Contract negotiating experience preferred.
• Candidates must be local and able to work out of the company’s Annapolis, Maryland office on hybrid weekly schedule.