Commercial Asset Manager - Energy at Prologis
Denver, CO 80201
About the Job
Prologis, Inc
is the global leader in logistics real estate
In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability
Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world’s GDP
We have committed to achieve net zero emissions by 2040
Beyond real estate, our Essentials platform optimizes the company’s global asset portfolio to provide our customers solutions that address today’s warehouse and shipping challenges
Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.Job Title:Commercial Asset Manager - EnergyCompany:PrologisA day in the lifeWe are looking for an experienced Commercial Asset Manager-Energy that is self-motived and thrives in a fast-paced environment that values creative problem solving, collaboration, and continuous improvement. This is an excellent opportunity to expand your experience in the global solar market, EV charging, battery storage, community solar, and other innovative renewable solutions. As an Asset Manager, you will be responsible for the oversight of your portfolio of operational renewable assets in the USA
This includes continuous improvement of financial and operational performance, and commercial management
You will report to the Global Head of Asset Management located in USA and will collaborate across a diverse set of individuals located globally
Key responsibilities include:Review pro-forma and various documents to identify risk, provide input, and document obligations for future tracking.Interface with various internal & external teams to ensure a smooth transition of projects from construction to commercial operation.Manage commercial issues in collaboration with legal; coordinate and conduct negotiations to resolve issues with counterparties.Review various agreements and develop strategies to improve asset performance and risk.Responsible for P&L management of operating energy assets including budgeting, variance analysis, and value creating strategies.Work with various teams to ensure revenues are received and coded appropriately.Review Operational Performance reports and work with O&M service provider and facilities managers to optimal asset performance.Lead and coordinate with cross-functional teams to ensure compliance with key project agreements, incentive programs, regulatory requirements, and other project obligation.Compile annual customer billing reconciliations and interface with customers regarding billing questions or system performance. Support the development of information sharing platforms and work management systems, including populating such systems with historical records and archiving of documents.Able to travel up to 15% of the timeBuilding blocks for successRequired:5+ years in project management, construction management, project development, project administration, project financing, project accounting, asset management or similar role.3+ years of experience in the renewable energy industry, preferably in a commercial roleBachelor's degree in Engineering, Finance, Business, Accounting, or similar fieldPrior history in negotiating and resolving complex issues through strong collaboration with internal and external stakeholders. Prior experience developing budgets and performing financial analysis; Advanced MS ExcelWorking knowledge and of accounting conceptsStrong understanding of solar and prior experience monitoring & improving operational performance of assets.Prior history managing contracts and service providers. Ability to understand technical issues and read as-built plans.Demonstrated expertise in contract compliance and administration.Strong organizational, project management and attention to detail.General knowledge of business systems and process (billing, accounting, document management, procurement, etc.)Preferred:MBA or equivalent advanced technical or financial degree is highly desirable.Hiring Salary Range of: $127,000 - $175,000
Salary and whole compensation package (bonus target) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.#LI-TA1People FirstEach of us working at Prologis plays an essential role in the enduring success of our company
We value people who are decisive, courageous and adaptable
While we are one company, locations and departments operate with autonomy and accountability
Individuals take the initiative here.When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career
Every employee belongs
Every employee contributes
Employees advance their careers here.As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business
And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development
People come first here.All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents
Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits
Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation
We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time. All job offers are contingent upon successful completion of background verification
Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.Employment Type:Full timeLocation:Cerritos, CaliforniaAdditional Locations:Denver, Colorado, San Francisco, CaliforniaSummaryLocation: Cerritos, California; San Francisco, California; Denver, ColoradoType: Full time
is the global leader in logistics real estate
In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability
Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world’s GDP
We have committed to achieve net zero emissions by 2040
Beyond real estate, our Essentials platform optimizes the company’s global asset portfolio to provide our customers solutions that address today’s warehouse and shipping challenges
Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.Job Title:Commercial Asset Manager - EnergyCompany:PrologisA day in the lifeWe are looking for an experienced Commercial Asset Manager-Energy that is self-motived and thrives in a fast-paced environment that values creative problem solving, collaboration, and continuous improvement. This is an excellent opportunity to expand your experience in the global solar market, EV charging, battery storage, community solar, and other innovative renewable solutions. As an Asset Manager, you will be responsible for the oversight of your portfolio of operational renewable assets in the USA
This includes continuous improvement of financial and operational performance, and commercial management
You will report to the Global Head of Asset Management located in USA and will collaborate across a diverse set of individuals located globally
Key responsibilities include:Review pro-forma and various documents to identify risk, provide input, and document obligations for future tracking.Interface with various internal & external teams to ensure a smooth transition of projects from construction to commercial operation.Manage commercial issues in collaboration with legal; coordinate and conduct negotiations to resolve issues with counterparties.Review various agreements and develop strategies to improve asset performance and risk.Responsible for P&L management of operating energy assets including budgeting, variance analysis, and value creating strategies.Work with various teams to ensure revenues are received and coded appropriately.Review Operational Performance reports and work with O&M service provider and facilities managers to optimal asset performance.Lead and coordinate with cross-functional teams to ensure compliance with key project agreements, incentive programs, regulatory requirements, and other project obligation.Compile annual customer billing reconciliations and interface with customers regarding billing questions or system performance. Support the development of information sharing platforms and work management systems, including populating such systems with historical records and archiving of documents.Able to travel up to 15% of the timeBuilding blocks for successRequired:5+ years in project management, construction management, project development, project administration, project financing, project accounting, asset management or similar role.3+ years of experience in the renewable energy industry, preferably in a commercial roleBachelor's degree in Engineering, Finance, Business, Accounting, or similar fieldPrior history in negotiating and resolving complex issues through strong collaboration with internal and external stakeholders. Prior experience developing budgets and performing financial analysis; Advanced MS ExcelWorking knowledge and of accounting conceptsStrong understanding of solar and prior experience monitoring & improving operational performance of assets.Prior history managing contracts and service providers. Ability to understand technical issues and read as-built plans.Demonstrated expertise in contract compliance and administration.Strong organizational, project management and attention to detail.General knowledge of business systems and process (billing, accounting, document management, procurement, etc.)Preferred:MBA or equivalent advanced technical or financial degree is highly desirable.Hiring Salary Range of: $127,000 - $175,000
Salary and whole compensation package (bonus target) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.#LI-TA1People FirstEach of us working at Prologis plays an essential role in the enduring success of our company
We value people who are decisive, courageous and adaptable
While we are one company, locations and departments operate with autonomy and accountability
Individuals take the initiative here.When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career
Every employee belongs
Every employee contributes
Employees advance their careers here.As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business
And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development
People come first here.All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents
Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits
Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation
We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time. All job offers are contingent upon successful completion of background verification
Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.Employment Type:Full timeLocation:Cerritos, CaliforniaAdditional Locations:Denver, Colorado, San Francisco, CaliforniaSummaryLocation: Cerritos, California; San Francisco, California; Denver, ColoradoType: Full time
