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Corporate Planning Associate/Manager -Strategy, New Business

Headquartered in Irvine, California, 174 Power Global is a direct subsidiary of Hanwha Energy Corporation, a key player in Hanwha—a "FORTUNE Global 500 company" among South Korea's top eight enterprises. 174 PG specializes in designing, constructing, and managing utility-scale solar power plants and battery energy storage solutions. With a decade of global leadership in solar PV, the company leverages cutting-edge technology, efficient processes, and strategic partnerships to deliver tailored solar PV and energy storage solutions to North America. Across the solar and energy storage value chain, 174 Power Global expands its business spectrum to various new businesses related to energy industry and minimizes uncertainty, mitigates risks, and ensures customers achieve a higher return on their renewable and storage technology investments.


POSITION OVERVIEW


The successful candidate will be responsible for supporting the Director of Corporate Planning through the analysis of business economics such as utility scale solar and battery development and sell-down or new business related to both conventional and unconventional energy industry such as energy retail, green hydrogen, and, etc. This position will work on the sale transaction of utility scale solar and BESS projects by analyzing commercial and legal aspects, which is a main part of the company’s revenue stream as well as contributing new energy businesses development, which is a future growth engine of the company. The position works closely with all internal departments including; Corporate Finance, Project Finance, New business division, Development, and Legal and external parties including project owners, 3rd party contractors, government agencies and external utility counterparties. 

 

This position, located in Irvine, California, may require travel as necessary.


RESPONSIBILITIES
  • Annual and Mid-to-Long-Term Business Plan Development and Strategic Planning for utility scale of solar and BESS as well as new energy business
  • Support utility solar and BESS project sale negotiations with 3rd party buyers
  • Work on project valuation and sensitive with 3rd party appraiser
  • Coordinate with Legal department to review and negotiate SPA(Sale and Purchase agreement) and any other ancillary documents
  • Coordinate with relevant teams to address buy side due diligence and Q&A sessions.
  • Collaborate with relevant new business teams such as Gas, Retail Energy subsidiary in Texas for the preparation of business strategies and facilitate the process
  • Support energy market outlook and provide market intelligence 
  • Define and establish relevant Key Performance Indicators (KPIs) aligned with business objectives. Regularly tack and analyze KPI performance, providing reports and insights to senior management. 
  • Works closely with other corporate planning members to identify and implement planning process improvements and best practices. 
  • Provides support to business units and project teams, assisting in problem-solving and decision making via ad-hoc reporting and distribution of financial information. 
  • Facilitate communication and coordination across different departments and external stakeholders.


REQUIRED QUALIFICATIONS
  • Bachelor’s degree in Finance, Economics, or related field. A Master’s degree or MBA is preferred.
  • Minimum of 3~5 years of experience in corporate planning, business administration, strategy development, or a similar role in a business of similar size and complexity
  • Excellent financial analysis skills, advanced modeling skills and strong business acumen are necessary to identify, present, and challenge key business assumptions.
  • Renewables industry experience is a plus;
  • Korean speaking is a plus;
  • Proficiency in business management software, data analysis tools, and Microsoft Office Suite (e.g., Microsoft Excel and PowerPoint); 
  • Experience in preparing management presentations and communicating with executives;
  • Detail-oriented with excellent analytical and implementation skills; and
  • Highly driven, quick thinker and problem-solver; impeccable integrity and a strong personal work ethic.
  • Exceptional communication skills, both verbal and written, with the ability to clearly articulate ideas and strategies.
  • Strong interpersonal skills with the ability to work collaboratively in a team environment and manage cross-functional relationships.


$105,000 - $130,000 a year

174 Power Global provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.

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CEO of 174 Power Global
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Henry Yun
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174 Power Global is the leading solar energy company that is an affiliate company of Hanwha Group. They work closely with landowners, local communities, investors to build highly productive, utility scale solar power plants throughout North America.

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DATE POSTED
February 3, 2024

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