RWE - Valhalla, NY
posted 5 months ago
At RWE Clean Energy, the Portfolio Controlling team plays a crucial role in overseeing the company's obligations to third-party investors under tax equity and partnership agreements. The Manager, Portfolio Controlling position is designed for a professional who will work closely with external customers in a consultative manner, as well as collaborate across various internal departments to set expectations and facilitate problem-solving. The ideal candidate will possess proven leadership experience, a strong customer service focus, and the ability to communicate collaboratively. A deep understanding of financing agreements within the renewable energy industry is essential for success in this role. The responsibilities of the Manager, Portfolio Controlling include reviewing financial agreement obligation deliverables to external partners related to Tax Equity and Joint Venture (JV) deals. This encompasses tasks such as preparing monthly operating reports, managing cash distributions, and developing tax equity flip models, as well as annual production (PAYGO) reports. The role also involves assisting with guidance on the annual project budget process and maintaining relationships with external financing parties. The manager will participate in calls with these parties to discuss project-level operational and financial performance, addressing any commercial issues that arise. In addition to external communication, the Manager will coordinate responses to inquiries from external financing parties in a timely and professional manner. Collaboration across business groups is vital to ensure compliance with financing agreements and to support overarching strategic and commercial business topics related to external financing parties. The position also includes a mentorship component, where the manager will develop and guide junior team members, ensuring they are equipped to handle their responsibilities effectively. Furthermore, the manager will be responsible for updating valuations for proposed tax equity buyouts, ensuring that all financial assessments are accurate and reflective of current market conditions.