Director, Asset Management

• Lead the Asset Management function
• Lead, build, and develop the Asset Management team, including Associates, Asset Managers, Sr. Asset Managers, and REC management.
• Set the Asset Management strategy, KPIs, and operating cadence for the operating fleet, and own the outcomes.
• Define roles, responsibilities, and decision authority by level, with portfolio assignments, backups, and escalation paths.
• Build a scalable staffing, tooling, and hiring plan for a fleet expected to experience substantial growth in the coming years, moving manual tracking into Microsoft Fabric and Power BI.
• Hold the Asset Management team accountable for commercial results across their portfolios, including contract enforcement and recoveries.
• Commercial and contractual performance
• Responsible for the commercial operation and performance of the Silicon Ranch fleet, meeting all PPA, interconnection, REC, warranty, O&M, and financing obligations. Identify areas of risk and recommend specific action to improve performance.
• Own revenue integrity end to end: invoiced production, curtailment billing and compensation, meter scaling, settlement true-ups, and handoffs to Accounting and AR.
• Ensure every site has an active utility account, a named utility contact, and paid station-power bills established before COD.
• Oversee the REC program for current and new facilities generating RECs on behalf of Silicon Ranch or our customers, including registries, retirement obligations, penalties, and buyer and broker demand.
• Serve as the primary commercial point of contact with offtakers, utilities, and other key customers, with up to 15% travel to operating sites and counterparties.
• Financial health of the operating portfolio
• Understand and manage each asset against its financing structure: project finance debt, tax equity, sale-leaseback, and back-leverage.
• Monitor debt service coverage ratio (DSCR), lockup and distribution tests, covenants, and reserve accounts (DSRA, MMRA, O&M reserves), and how operating performance and cost drive them.
• Support lender, tax equity, and independent engineer reporting, and meet notice and consent requirements for material contract changes, major repairs, and insurance claims.
• Partner with Finance and Project Controls on budgets, accruals, reserve planning, early buyout (EBO) analysis, and variance explanations tied to operating drivers.
• Commercial lead for O&M providers and OEMs
• Manage contracted O&M services and recommend where better outcomes can be obtained through self-performance, in partnership with the VP of Asset Operations.
• Know and enforce the operative terms of every O&M, availability guarantee, warranty, and service agreement: scope, MTTR, preventive maintenance, LDs, bonuses, caps, and cure periods.
• Enforce contractual remedies for counterparty shortfalls, including formal notices, LDs, payment withholding, disputed invoices, warranty claims, and escalation where warranted.
• Track claims, notices, and recoveries across the portfolio, with clear ownership, dollars at issue, and next steps.
• Manage invoices and proposals for repairs and services for the operating fleet.
• Maintain O&M and OEM performance scorecards and lead contract establishment, amendments, side letters, and renewals with Legal.
• Performance monitoring and controls
• Escalate significant issues to leadership early, with a clear recommendation.
• Establish a daily performance and anomaly review process to identify billing, metering, and performance issues early, with root cause analysis and corrective controls.
• Onboarding and compliance
• Own the commercial readiness of new projects from construction handoff through Final Acceptance: contract checklists, utility accounts, metering, REC registration, and reporting setup.
• Ensure all facilities operate in accordance with applicable regulatory and commercial requirements, including compliance reporting.
• Partner with Operational Compliance on the NERC program for registered assets, including GO/GOP registration readiness and the Asset Management portion of the NERC RACI.
• Reporting and continuous improvement
• Prepare financial reports and presentations for company executives, including the monthly executive review, weekly reports, and Board and investor inputs.
• Communicate fleet performance to leadership quantitatively, with clear recommendations.
• Set priorities for the Asset Management team toward the tasks with the greatest financial impact.
• Partner with Performance and Remote Operations on tools that analyze fleet data, find trends, and identify root causes of the most impactful equipment failures.
• Identify and lead improvements to the function, with quantified impact.
• Support acquisitions, refinancing, and EBOs with operational and commercial diligence.
• Perform other duties as assigned.

Education: Bachelor's degree in business, finance, engineering, science, or mathematics. MBA or other advanced degree preferred.