Financial Performance Expert
EDP · Houston
- Financial Performance Expert
- Country/Region: US
- City: Houston, TX
- Business Platform: Renewable Generation Assets
EDP Renewables is a global leader in the renewable energy sector and the fourth-largest wind energy producer. With a sound development pipeline, first-class assets, and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 28 markets.
Our company is part of EDP, a global energy group present in around 30 markets with a particular emphasis on renewable energies. With more than 45 years of experience, we have been consolidating a relevant presence on the world energy scene based on the commitment to be all-green by 2030, leading the energy transition. With more than 13,000 employees around the world, we are committed to using our energy and heart to drive a better tomorrow.
Role Overview
The Financial Performance Expert will coordinate financial performance and OPEX modelling activities across EDP Renewables operating assets. This role leads the annual North American OPEX budgeting and ongoing cost-monitoring processes, coordinates the development and application of OPEX estimation methodologies across regions, and supports consistent financial planning and performance-management practices across the organization.
The role works closely with Asset Management, Portfolio Management, Operations, Finance, FP&A, and regional teams to harmonize assumptions, consolidate financial inputs, analyze performance, and provide actionable insights to senior management. The role also provides functional guidance and technical support to team members involved in OPEX estimation and modelling activities.
Main accountabilities:
- Lead the annual North American OPEX budgeting process by coordinating timelines, assumptions, inputs, reviews, and final submissions across Asset Management, Portfolio Management, Operations, Finance, FP&A, and regional leadership.
- Support the development of forecasts and long-term business plans in partnership with Asset Operations, Asset Management, Portfolio Management, and Finance.
- Coordinate the global OPEX modelling process and support the consistent application of estimation methodologies, financial assumptions, cost structures, and modelling standards across regions.
- Coordinate and review OPEX estimation activities performed by other team members, including allocating work, providing technical guidance and training, reviewing assumptions and outputs, and supporting project-specific decision-making.
- Lead monthly reviews of actual OPEX performance at the site level with Portfolio Management and Asset Management teams, identify material deviations, challenge underlying assumptions, and coordinate follow-up actions.
- Perform ongoing tracking and analysis of financial performance drivers for the operating fleet, including budget variance analyses, reforecasts, and forward-looking financial assessments.
- Consolidate and communicate financial performance conclusions, risks, opportunities, and recommendations to management and senior stakeholders.
- Support internal management reporting and provide financial performance inputs for external investor-reporting requirements.
- Develop, maintain, and continuously improve models for wind, solar, and energy-storage O&M expenses.
- Provide day-to-day guidance, knowledge sharing, and training to colleagues supporting OPEX estimation, budgeting, and financial-performance activities.
- Develop market and industry knowledge to inform OPEX assumptions, budgeting methodologies, financial forecasts, and the appropriate treatment of operating costs.
- Support initiatives to improve the overall performance of the Asset Management group, including opportunities for increased collaboration, standardization, process efficiency, and adoption of best practices.
- Collaborate with Asset Management and other functional teams to ensure appropriate processes and controls are in place to improve fleet performance, strengthen budget governance, and limit risk exposure.
- Ensure project owner and investor interests and concerns are appropriately considered in financial planning and decision-making.
- Interface with Operations, Performance Management, Portfolio Management, Finance, service providers, and other stakeholders on operational and financial matters.
- Participate in cross-functional teams addressing material issues affecting operating projects and monitor the implementation of agreed solutions.
- Work with Asset Management staff and accounting personnel to ensure financial and operational reporting obligations are met accurately and on time.
- Escalate material deviations, missed milestones, emerging financial risks, and trigger events to relevant stakeholders and support their resolution.
- Support local Asset Management and Operational team on local RFP as far as it concerns Technical Requirements analysis and Contracts review.
- Perform additional duties as required.
Direct reports: None
Travel: 5% - 10%
Employment type: Full-Time
Work site: Hybrid
Minimum requirements:
- Bachelor's degree in Business, Economics, Finance, Accounting, Engineering, or a related field.
- 5-8 years of relevant experience in financial planning and analysis, budgeting, asset management, operations finance, or a related area.
- Demonstrated experience developing or managing budgets, forecasts, cost models, and financial-performance analyses.
- Experience coordinating complex, cross-functional processes involving multiple business units, regions, or stakeholder groups.
- Advanced proficiency in Excel and experience with dashboarding and business-intelligence tools such as Power BI or Tableau.
- Strong understanding of financial statements, P&L performance drivers, variance analysis, forecasting, and cost modelling.
- Strong analytical problem-solving, communication, stakeholder-management, and technology skills.
Behav