Asset Manager - El Salvador H/F Neoen

Our Operations department is looking for his/her Asset Manager - El Salvador, who will be responsible for the management of the safe operation of NEOEN's assets in this region.The Asset Manager will be responsible for the coordination of the operation stakeholders, the administration of the Operations & Maintenance (O&M) contractor and the control of the safe asset performance and revenue generation streams as agreed in the Business Plan set forth by Neoen.Furthermore, the Asset Manager will oversee all dimensions of operating assets within El Salvador, including technical, commercial/contractual, regulatory, financial, HSE and corporate & social responsibility, in line with Neoen's strategic direction and ensuring maximization of EBITDA while maintaining asset operation capability over time, seeking out value creation opportunities, driving continuous improvement, and implementing strategic initiatives.
Key responsibilitiesThe Asset Manager will be responsible for the operation of Neoen's assets portfolio across the region. His / her main objective is to ensure that the plants are meeting electricity production targets while keeping costs under control, whilst ensuring a very hands-on management approach with O&M Contractors. He / she will have accountability for the operations and maintenance of the relevant plants in close collaboration with the local finance team and the asset management team in Canada and Latin Americas, and in France or Global as and when required, including:
- Foster a HSE culture: (i) HSE audits; (ii) deploy management visit reports; (iii) adherence to HSE training schedules; (iv) routine HSE spot checks; (v) include HSE criteria in Contractor's selection processes; and (vi) enforce Neoen's Stop of Work policy in case of accidents, as well as being an active participant in the company's global vision of having an Interdependent HSES Culture. Required to showcase leadership and stewardship towards health & safety.
- Exceed EBITDA targets: (i) actively seek out value creation opportunities; (ii) identify negative trends and implement changes, as well as eliminating wasteful expenditures; (iii) coordinate activities between different power plants to ensure alignment; and (iv) reduce costs without affecting revenues.
- Exceed Key Performance Indicators targets: (i) reduce downtime and maximize Availability and Performance Ratio; (ii) quickly identify negative trends and implement action plans to reduce/mitigate performance issues losses; (iii) use continuous improvement methodology to drive results; (iv) identify and eliminate major causes of downtime and reduced Performance Ratio; (vi) communicate OEM issues within Neoen; (vii) valuate O&M models to ensure maximum production; and (viii) support loss factor reduction initiatives.
- Manage regulatory, investor and commercial issues: (i) coordinate all activities associated with the risk analysis and mitigation derived from the regulatory frameworks in El Salvador; (ii) maintain active coordination with national and regional regulatory authorities (such as SIGET, CNE, and SIEPAC) to ensure compliance and optimize participation in the interconnected Central American electricity market; (iii) manage all commercial agreements and customers associated with assigned projects; (iv) lead the prosecution of all warranty and insurance claims and monitor the documentation of these claims; (v) monitor grid stability and curtailment risks, coordinating with grid operators to anticipate dispatch constraints and minimize revenue losses; (vi) prepare for, and lead, off-takers, contractors, and service providers, as well as public authorities, regulatory agencies, grid and transmission operators' relations, as required for operation of projects; (vii) prepare for, and lead, investor, and lenders relation; and (viii) supervise and monitor each counterparties compliance under all contracts for projects.
- Financial and PPA Management: (i) monitor PPA performance and compliance, ensuring all contractual obligations, tariff indexations, and billing processes are executed accurately and on time; (ii) identify and mitigate financial risks related to curtailment, revenue deviations, or index fluctuations; (iii) collaborate closely with Neoen's finance and accounting teams to align actuals with budget forecasts and investment models; (iv) track and report financial KPIs to ensure revenue optimization, cost control, and alignment with Neoen's strategic financial objectives; (v) support audits, financial reviews, and investment reporting cycles as required by internal and external stakeholders.
- Ensure compliance: execute robust internal policies and procedures for Neoen in El Salvador to stay current with regulations and compliant to the organizations standards. Conduct regular audits, perform strict monitoring practices, and provide continuous awareness, in order to help mitigate risks, and maintain transparency in terms of any aspects impacting Neoen's compliance.
- Insurance management: ensure all assets maintain valid and comprehensive insurance coverage, aligned with Neoen's corporate risk management standards and in compliance with all contractual and regulatory requirements. Oversee annual insurance renewals, claims handling, and coordination with insurers, brokers, and internal stakeholders to ensure appropriate protection of company interests.
- Reporting: prepare accurate and timely reports for internal and external stakeholders, including performance, financial, contractual, and ESG aspects. Ensure regular reporting consistency with Neoen's global asset management framework and communicate key findings and recommendations to senior management and investors.
- Environmental & Social: ensure the environmental approvals, licenses, permits, and management plans, as well as the applicable guidelines, are implemented in a prudent and complaint manner, while mitigation measures to protect the environment are identified and managed effectively. Furthermore, showcase a strong understanding and ability to manage specific economic development initiatives related to any investment agreements, or as required by the facilities agreements such as PPA's or Offtake agreement, or any programs initiated by the organization as part of its ESG commitments.
- Execute Neoen's Asset Management Strategy: comply to the requirements set forth by Neoen's strategy globally in terms of asset management, including regional. Be autonomous and showcase great strengths & leadership managing all aspects of operating renewable assets, which includes, amongst other, health & safety, financial, commercial, technical, contractual, socio-economic, risk and strategic lifecycle management, to ensure the longevity and optimal performance of Neoen's operating renewable assets within El Salvador.

With this said, it's very important for the Asset Manager to showcase autonomy and techno & commercial skills which aligns to the mission of Neoen - To continuously improve renewable energy asset management strategies, and methodologies, in order to produce maximum energy from its power plants worldwide, with a high-quality service, beyond zero HSES principles, with technical excellence, striving to exceed investment commitments.
Key Stakeholders relationships
- Regulatory authorities
- ISOs, DTOs, TSOs
- Other authorities
- Off-takers
- Construction and O&M contractors
- Lenders or their agents
- Suppliers and Service providers - such as the IE/LTA and OE
- HSE Independent Consultants
- Environmental Compliance Consultants
- Internal and external legal counsel
- Local communities