Job Description

Glennmont Partners invests in renewable power generation projects and assets in Europe, US and Asia Pacific. It raises long-term capital to invest in alternative power generation projects, such as solar, on- and off-shore wind farms, battery storage, small-scale hydro power plants and biomass power stations. Glennmont has invested over 3BN in mixed renewable energy generation offering investors a balance of yield and return and its carefully selected, risk managed investments have delivered sustained performance and predictable returns over periods of 10 years or more. Investment includes assets in operation, in construction and development projects. Glennmont Partners is currently in the process of raising its fourth fund which is targeting commitments of EUR 2bn. In 2021 Nuveen, a leading global investment manager with over $1.2 trillion of assets under management, acquired Glennmont and as part of Nuveen, Glennmont Partners is established in APAC and looking for future expansion in the region.

The Financial director will be the ultimate responsible for the commercial and operational performance of an asset, overseeing all activities and acting as the central contact point for internal and external stakeholders for the Region. The ideal candidate will drive and manage all aspects concerning operations and asset management of the projects. The ideal candidate will be willing to expand their technical, legal and commercial skills to support the growth of the company. In addition, this specific role gives the opportunity to become part of the Asset Management team, managing a specific portfolio of assets and learning best in class operational management skills

• Key Responsibilities:

• Commercial management of a portfolio of renewable assets (photovoltaic, offshore wind, batteries, hybrid projects, or any other technology that is suitable for investment within the fund\xe2\x80\x99s investment scope), either under development, construction or operation, across in selected APAC markets.
• Management of Commercial and Technical Management Agreement providers. Oversight and enhancement of the asset\xe2\x80\x99s performance.
• Coordination and oversight of different workstreams relating to the asset together with other AM departments (including the Fund Finance Team, the Head of Revenues, technical team, development unit), the Investment Team and the Divestment Teams.
• Oversight and coordination of the preparation of the asset\xe2\x80\x99s budget (alongside internal and external stakeholders) and ongoing actual versus budget appraisal process (monthly)
• Update of rolling cash forecasts to identify potential cost overrun or upside, and management of funding of projects in collaboration with the Fund Finance team.
• Implement best in classvalidating the monthly closures, invoicing, and payment supervision. In the short term this will be a hands on job.
• Oversight and coordination during preparation of the annual accounts and the audit processes across the holdco and trading entites (end to end)
• Management of the distributions to investors from the asset perspective.
• Management of cash calls / Drawdowns to fund investments and / or opex / capex / devex across portfolio
• Management of the financing agreements and compliance with all the corresponding undertakings from the project side
• tax oversight across regional portfolio
• Manage tax advisors
• Oversight of asset tax compliance with the support of external contractors
• Support delivery of asset transfer pricing exercises if applicable
• Support Central team in London with the annual Tax assurance process
• Act as Asset Management Representative in new transactions as part of the Deal Team and together with other members of the Asset Management Team and the Investment Team.
• Take over responsibility of new investments from the Investment Team and integrate in the existing portfolio from an operational, legal, accounting, tax, financial and modelling point of view.
• Support monthly/quarterly reporting: control and analysis of performance of operating assets against approved budgets and P&L. Detailed analysis will include production figures, liquidated damages and insurance claims, and any imbalance in Opex.
• Support delivery of monthly/quarterly asset management report. Collect, review and provide all appropriate information required by the Asset Management Committee (AMC) in relation to the fund portfolio. Additionally, produce comprehensive reports to the AMC and investors on the performance of the operating assets, and any ad hoc requests.
• Support the development of best-in-class reporting standards.
• Support the Fund Finance team e.g. investor reporting commentary, downstream/upstream cashflow management, cashflow planning and reporting, local holding structure deal support.
• Support the Investors Relations team with investor queries.
• Oversight and coordination of preparation of financial reporting
• Use of the portfolio reporting tool to identify asset level performance and issues
• Key requirements
• Candidates must be able to cover the entire asset management reporting cycle.
• Minimum 5 years relevant working experience in commercial asset management or project management
• Financial knowledge of renewable energy projects
• Technical knowledge of different renewable technologies is desirable
• Hybrid interest in commercial and technical aspects of asset management
• Transaction experience desirable (from origination to execution)
• Financial modelling experience desirable
• Experience with Project finance documentation desirable
• Relevant experience of power industry required
• Fluent English required

Related Skills Accountability, Accounting Standards, Business Acumen, Client Relationship Management, Collaboration, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Acumen, Financial Modeling, Financial Risk Management, Financial Statements, Fund Accounting, Market/Industry Dynamics, Stakeholder Engagement, Story Telling



Company Overview

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at

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