Associate Business Manager, AB & SK
Salary Range: $85,000.00 To $ Annually
About PotentiaPotentia Renewables Inc. (Potentia) is a Canadian, fully integrated developer, asset manager, and operator of renewable energy and energy storage facilities. Potentia manages over 1.5 GW representing more than 800 solar and wind projects in operation, under construction or under contract.
At Potentia, we’re not just a company; we’re visionaries in the renewable energy sector, dedicated to leading the way toward a sustainable future. Our journey, driven by a dynamic and entrepreneurial spirit, is guided by our unwavering commitment to excellence, passion, integrity and agility.
As leaders in renewable energy development, operations, and asset management, we are not only contributing to the present but also paving the way for a cleaner, more sustainable world for future generations.
Potentia is headquartered in Toronto, Ontario and wholly owned by Power Sustainable Capital Inc., an affiliate of Power Corporation of Canada.
Associate Business Manager, AB & SK
DepartmentBusiness Management
Reporting RelationshipsThe Associate Business Manager is a new position, and it reports to the Senior Business Manager, AB.
Accountabilities and Key FunctionsThe Associate Business Manager is responsible for the financial and commercial performance of a portfolio of operating renewable energy assets including wind, solar and battery energy storage projects.
This role offers a rare opportunity to manage a renewable energy business end-to-end. Business Managers have direct responsibility for project-level P&L performance and oversee the full range of activities required to operate infrastructure assets successfully, including financial management, market participation, contract administration, operational oversight and stakeholder management.
In this role, you will work closely with Operations, Finance, Legal and Development teams to ensure projects operate safely, compliantly and profitably. The role also provides exposure to renewable energy markets, project finance, regulatory frameworks and long-term asset strategy.
Potentia is a medium, collaborative and fast-growing organization, and Business Managers play a central role in the company’s success. The position offers significant professional development and learning opportunities across multiple aspects of renewable energy infrastructure.
- Prepare and manage annual operating budgets, rolling forecasts and monthly financial reporting for assigned renewable energy assets.
- Monitor project revenues, operating costs and cash flow performance, investigate drivers of variance and implement corrective actions where required.
- Support monthly financial close processes including revenue verification, cost accruals and invoice approvals.
- Manage project financing compliance including covenant monitoring, reserve accounts and preparation of lender reporting packages.
- Develop and implement initiatives to improve project cash flow, including cost optimization, revenue enhancements and operational improvements.
- Administer project commercial agreements including offtake contracts, environmental attribute programs and other revenue arrangements to ensure contractual compliance.
- Prepare and issue invoices, review settlement statements and resolve discrepancies with counter parties and market operators.
- Monitor energy market performance and merchant exposure, coordinating with schedulers and market participants to optimize project revenues.
- Track contractual obligations and manage required notices, reporting and compliance obligations across project agreements.
- Support amendments, renegotiations or extensions of commercial agreements and manage…
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