Nrg Energy banner

Asset Management Director/Manager - EAST

Nrg Energy

The Role

Overview

Optimize financial and operational performance of East Region generation assets.

Key Responsibilities

  • budgeting
  • financial modeling
  • asset optimization
  • regulatory negotiation
  • valuation analysis
  • project evaluation

Tasks

-Partner with, assist and advise, operating company management and commercial team to maximize the economic value of regional facilities and prevent any undue constraints or limitations on the ability of the company to conduct business successfully. -Interface across the organization with all functional groups on issues impacting the P&L of the assets including, plant operations, commercial operations, environmental, risk, finance, accounting, insurance, development, regulatory and government affairs. -Maintain industry knowledge of market drivers, competitive grid, and industry trends. -Budgeting and P&L performance responsibility for assigned generating assets within the East Region portfolio and other NRG regions as may be assigned. -Assist negotiations with PUCs, ISOs, city, county and state authorities and governing boards. -Provide oversight and review of plant budgets, forecasting, financial and operational variances, and any asset related optimization or investment decision making activity. -Gather, analyze, prepare, and summarize recommendations for financial plans, acquisition activity, future requirements, operating forecasts, etc. -Work closely with Government and Regulatory affairs to support industry and governmental business relationships/contacts. -Negotiate long-term contracts with partners and customers working with the Power Marketing, Operations and Legal Departments. -Work closely with operations, treasury, tax, accounting, and commercial operations to determine appropriate modeling assumptions and structuring. -Manage financial analyses, project evaluations, perform due diligence and make recommendations in support of acquisitions, divestitures, recovery plans and other major projects and capital investment and revenue enhancement proposals. -Support valuation analyses, divestiture, acquisition, re-powering and other strategic alternatives to help ensure that the business plan is optimized for maximum sustainable value. -Occasionally requires wearing personal protective safety equipment (respirators, safety glasses, hard hat, appropriate footwear, ear plugs, appropriate gloves, etc.). -Interface for regional Business Development and Construction activities as needed.

Requirements

  • bachelor's
  • power plant
  • excel
  • powerpoint
  • sap
  • iso markets

What You Bring

-Bachelor’s in accounting, engineering, finance, economics or business/science degree, and a minimum of five or more years of experience in the successful commercial management of assets. -Normal office environment and/or power plant environment. -Demonstrated ability to manage the business environment across a portfolio of generation plants; technically oriented with experience in, gas, oil and/or coal technology. -Knowledge of large-scale conventional power plant design and operation. -Excellent verbal and written communication skills and an honest, open communication style with the ability to effectively get buy in from various groups at different locations. -Ability to travel occasionally as required throughout the region and to other NRG locations. -Strong business and financial savvy with the ability to support a high-performance organization that will deliver operational excellence and meet or exceed financial targets. -An understanding of regional ISO/RTO energy, capacity and ancillary service markets and hedging. -Power generation/utility experience. -Requires operation of a motor vehicle and valid US Driver’s License. -Must have extensive experience using PowerPoint for making presentations and using Excel with a focus in economic modeling. -Demonstrated computer literacy, including PowerPoint, Excel, Word and SAP desirable. -Strong knowledge of wholesale electric markets, preferably in the NY, PJM, and ISO-NE markets.

The Company

About Nrg Energy

-Built a vast energy generation portfolio—from coal, gas, oil and nuclear plants to wind, solar farms and battery storage. -Operates across the US and Canada under brands like Reliant, Direct Energy, Green Mountain Energy and Vivint. -Provides electricity, energy management, HVAC and home services through cloud-based platforms and smart-home integration. -Trades power, natural gas and environmental commodities, employing advanced analytics and financial instruments. -Unusual fact: it spearheaded the first privately-funded EV charging network (EVgo) before spinning it off.

Sector Specialisms

Power

Natural Gas

Load Management

Sustainability

Renewables

Energy Services

Distributed Generation

Commercial Operations

Plant Operations

Operations & Maintenance (O&M)

Biomass Energy

Natural Gas Turbine

Renewable Power

Energy Procurement

Security Clearance

-drug and alcohol testing, including random, post‑accident, and reasonable suspicion testing.