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AltaGas Ltd. · 2 weeks ago

ALA Energy - Senior Commercial Asset Manager

Blythe, CA

Full-time

Hybrid

Mid, Senior Level

$120K/yr - $180K/yr

7+ years exp

AltaGas Ltd. is focused on optimizing the financial and operational performance of energy facilities. The Senior Commercial Asset Manager will lead commercial management and enhance profitability at the Blythe Energy facility, requiring strong financial acumen and strategic leadership in the California energy market.

Oil & Energy

Responsibilities

Responsible for the commercial management of the facility as the single point of contact, including formulating and implementing the daily CAISO bidding strategy with the external Scheduling Coordinator and the daily fuel and transportation strategy with the external Fuel Manager

Provide strategic leadership in identifying and implementing strategies to enhance the efficiency and profitability of Blythe Energy’s operations, including energy management (power and natural gas); CAISO interface/relationship-settlements; bi-lateral contracting & hedging; commodity risk management; and emissions

Conduct detailed financial analysis to support decision-making processes, including budgeting, forecasting, and accounting and financial reporting

Review and manage commercial contracts to maximize revenue and minimize costs, including capacity, energy, and commodity transactions

Identify and mitigate risks associated with asset management, including operational, financial, and market risks

Monitor and analyze energy market trends, prices, and regulations to identify and capitalize on market opportunities while mitigating risks

Evaluate power market dynamics and their impact on Blythe’s operations, ensuring strategic alignment with market conditions

Collaborate with internal teams and external partners to ensure optimal performance of Blythe Energy, including third-party service providers

Prepare and present regular reports on asset performance, financial metrics, and market conditions to senior management

Monitor, interface, and ensure compliance with all local, state, and national environmental and other regulatory requirements, including CAISO participation

Qualification

Energy market knowledgeFinancial modelingAnalytical skillsMS ExcelCommunication skills

Required

Bachelor's degree in Engineering, Finance, Business Administration or a related field (or equivalent experience)

Minimum of 7 to 10 years of experience in asset management, energy trading or procurement within the energy sector in the California market, with a focus on combined-cycle, natural gas-fired power plants

In-depth knowledge of energy markets and regulatory environments especially in the California market

Strong analytical and financial modeling capabilities

Excellent communication and interpersonal skills

Proficiency in relevant software and tools (e.g., MS Excel, financial analysis software, procurement systems)

Strategic thinker with a proactive approach to problem-solving

Detail-oriented with strong organizational skills

Ability to work independently and collaboratively across teams