Job Description
We are seeking a detailed-oriented and finance-savvy Portfolio Manager to oversee a portfolio of utility-scale solar PV and battery storage (BESS) projects across North America. This role is responsible for managing projects from Substantial Completion (SC) through Operations, with a strong focus ensuring financial optimization and operational efficiency, maintaining compliance with financing structures, and driving value creation across the asset lifecycle.
Manage renewable energy projects from Substantial Completion through operation to sale, ensuring alignment with project financing agreements (LLC Agreement, Credit Agreement, Depository agreement etc.). Monitor and optimize project-level cash flow; manage timely and accurate cash distributions to tax equity investors and project sponsors. Administer back-leverage loans including DSCR tracking, covenant reporting, and waterfall tracking. Serve as the primary point of contact with financing parties, including tax equity and lenders; coordinate capital calls, compliance reporting, and quarterly financial deliverables. Track and analyze tax equity flip schedules, ensuring consistency with partnership agreements and financial models. Summarize key provisions and decision points in financing agreements (e.g. LLCA, Credit Agreement) for internal use. Manage Depository Agreements and Certificates for release of funds. Review project budgets vs. actuals, identify variance and recommend corrective actions. Prepare and deliver project performance updates to internal leadership and external stakeholders, including financial institutions, investors, and partners. Review P/L and support the accounting team with audits, monthly close, financial reporting.
About 174 Power Global
174 Power Global, headquartered in Irvine, California, is an affiliate of the Hanwha Group - a FORTUNE Global 500 company and one of South Korea’s largest business conglomerates.