Asset Portfolio Manager

5 hours ago


Oslo, Oslo County, Norway TN Norway Full time

At TN Norway, we are a leading company in hydropower internationally and one of Europe's largest generators of renewable energy. Our Group produces hydropower, wind power, solar power, gas-fired power, and supplies district heating. We are a global company in energy market operations with 5300 employees in 21 countries.

We have been in India since 2004 and were the first foreign investor in the Indian hydropower sector. The objective is to become a significant independent power producer in India over the next few years.

Our business enablers are the backbone to everything we do at TN Norway, providing seamless and value-adding work to the organization and playing an important role in our mission towards a carbon-free future. Whatever your area, you'll provide dedicated services and strategic support that our global and rapidly growing organization needs to make the future greener.

Job Description

The role represents a unique opportunity for personal and professional growth by being part of the team involved in Asset Management activities in India. This role requires providing oversight of all operational activities, managing the operational and maintenance teams, financial control, contract management, environmental compliance, regulatory compliance, technical and risk evaluations, and relationship management.

Main Responsibilities:

  • Organize and manage the asset portfolio in accordance with our approach, efficiently and effectively according to investment preferences and goals.
  • Develop a portfolio management vision for the renewable (Hydro, Eolic, and Solar) energy portfolio including forecasting, reporting, budgeting, and portfolio financial and energy performance.
  • Maximize the value of assets and secure total return for each asset through analysis of efficiency and identifying opportunities for further improvement.
  • Establish, set, and monitor weekly, monthly, quarterly, and annual physical and financial performance KPIs in accordance with the asset plans.
  • Collaborate with internal organizations, including sustainability, legal, tax, accounting, procurement operations, and finance to implement process solutions.
  • Refine processes and reviews to support decision making, prioritization, and track and measure progress across key stakeholders.
  • Support the financial controller with analysis of P&L variance and Forecast and assets budget review.
  • Ensure all regulatory compliances and manage insurance and claim processes.
  • Maintain compliance with all our requirements and regulatory standards on Business Ethics, Health, Safety, Environment, and Social.
  • Maintain and grow good relations with internal and external service providers and key stakeholders.
  • Ensure timely reporting of asset plans and performance to the asset owner and key stakeholders.
  • Support Business Development project (M&A and greenfield) in detailed preparation of long-term budgets, as well as benchmarking comparison across renewable Energy technologies for long-term planning.


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