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Liberty Utilities Senior Manager, Asset Strategy in Oakville, Ontario

Senior Manager, Asset Strategy

Summary

Title:Senior Manager, Asset Strategy

ID:105940

Subsidiary:Liberty Power (formerly Algonquin Power)

Department:Asset Management

Location:Oakville, ON

Country:Canada

Zip/Postal Code:L6J 2X2

Description

Our vision is to be the utility company most admired by customers, communities and investors for our people, passion and performance.

Purpose

The primary responsibility of this position is to act as the owner’s representative for generation portfolio of solar and hydro assets. This includes collaborating with multiple internal stakeholders and departments for all financial, contractual and stakeholder issues related to their portfolio. Responsible for setting the short and long term financial performance expectations for a portion for the assigned portfolio.

Responsibility of day to day operations for the facilities is delegated to the Operations Group. The Asset Strategy group will rely on the Operations Group to support project planning, execution, engineering and other technical support activities. The Sr. Manager, Asset Strategy reports to the Senior Director, Asset Strategy.

Accountabilities

  • Manages and develops a team of people who support this function

  • Manages business focusing on maximizing profits and ROI

  • Monitor and establish mitigation for risks to business performance and corporate strategy

  • Responsible for pro-forma, income statement, cash flow and balance sheet

  • Responsible to report on monthly/quarterly/annual variances to budget

  • Develops overall business plans for all assets in collaboration with the Operations team to minimize lifecycle costs

  • Accountable for key stakeholder relationships with Tax Equity Partners and Off takers

  • Contract/agreement negotiations with various counter-parties, including service agreements, energy contracts, and equipment supply contracts, government permits and licenses, warranty and insurance claims

  • Responsible for the identification and management of potential threats and opportunities to the business, specifically but not limited to regulatory or market changes

  • Responsible for identification of long term regulatory/market changes that may impact the business or provide opportunities

  • Participate in the transition of new assets acquired or developed by Business Development into the portfolio

  • Coordinate and represent the Company in partnership activities

  • Ensure that projects are properly insured and manage, working with the VP of ERM to ensure proper management of any insurance claims

Education & Experience

  • Undergraduate degree in Engineering, Business, Finance or equivalent progressive experience

  • MBA, CFA, or equivalent

  • 10+ years of relevant professional experience with renewable power generation (utility scale)

  • Knowledge and understanding of the electricity industry and electricity markets in North America

  • Knowledge and understanding of financial statements

  • Knowledge of community solar an asset

  • Strong understanding of renewable power generation operations

Algonquin Power & Utilities Corp is a North American diversified generation, transmission and distribution utility with $10+ billion of total assets. (APUC) delivers continuing growth through an expanding pipeline of renewable energy development projects, organic growth within its regulated distribution and transmission businesses, and the pursuit of accretive acquisitions.

The distribution business group (Liberty Utilities) provides rate regulated water, electricity and natural gas utility services to over 750,000+ customers in the United States. The transmission business group invests in rate regulated electric transmission and natural gas pipeline systems in the United States and Canada.

The generation business group (Liberty Power, formerly known as Algonquin Power) owns a portfolio of regulated and long term contracted North American based wind, solar, hydroelectric and thermal powered generating facilities representing more than 1.5+ GW of installed capacity.

What we offer

Collaborative environment with a genuine flexible working policy

Share purchase/match plan

Defined Contribution savings plan

Free refreshments

Top Talent Program

Volunteer paid days off

Employee Assistance Program

Achievement fund

Free parking, including free electrical charging

We are focused on building a diverse and inclusive workforce. If you are excited about this role, and are not certain you meet the all the qualification requirements, we encourage you to apply to further investigate the opportunity.

We are an equal opportunity employer and value each person’s unique background, diversity, experiences, perspectives and talents. Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all of our employees and expect each of our employees to honor this commitment in their daily responsibilities.

As part of our commitment, we work to ensure our application process is accessible to all candidates. If you require special assistance or accommodation during the hiring process, please notify the Talent Acquisition Team.

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