Power Solutions Manager (West) (Finance)

Power Solutions Manager:

As a member of the company's Power & Energy Management team, the Power Solutions Manager will be responsible for managing the company's capacity acquisition and utility procurement projects and processes. Reporting directly to the Director of Power Solutions, this role focuses on utility development for new data centers in competitive markets, implementing alternative power solutions, and ensuring sustainable and reliable energy sources to support the company's expanding infrastructure. The Power Solutions Manager will collaborate closely with internal teams and external stakeholders to drive initiatives that align with the company's development, operational, and environmental objectives.

Duties:

• Manage and implement comprehensive power capacity acquisition projects and processes to meet the company's short-term and long-term utility development needs
• Establish and maintain strong partnerships with utility providers to secure power capacity for future data center developments and optimize power cost structures
• Negotiate and manage power capacity and supply agreements, ensuring favorable terms and compliance with regulatory requirements
• Evaluate and implement distributed energy resource (DER) power solutions, including low-carbon, renewable energy, battery storage systems, and fuel cells, to ensure sustainable and reliable energy supply
• Analyze energy markets to identify trends, risks, and opportunities, and adjust acquisition and procurement strategies as needed
• Identify and implement energy efficiency measures related to power design, consumption, and procurement to drive cost-savings
• Develop and execute strategies to mitigate risks from energy price volatility, capacity shortages, and regulatory changes
• Collaborate with cross-functional teams, including Finance, Operations, Engineering, and Construction, to align power capacity acquisition and energy projects with business objectives
• Oversee reporting on power capacity and energy procurement activities, ensuring compliance with all relevant regulations and standards
• Promote and demonstrate the behaviors consistent with CoreSite's culture and Core Values

Knowledge, Skills, and Abilities:

• Ability to thrive in a hybrid work environment that consists of at least two onsite days per week
• Flexibility to travel up to 20%, with the potential for increased travel, spontaneous travel, or in-office presence as business needs evolve
• Deep understanding of energy markets, procurement strategies, regulatory environments, and utility provider relations, particularly for data center energy needs
• Strong problem-solving and analytical skills, with the ability to interpret complex data, perform cost-benefit analyses, and identify market trends, risks, and opportunities
• Proven ability to negotiate effectively with utility providers, energy suppliers, and other stakeholders
• In-depth knowledge of renewable energy sources, distributed energy solutions, and sustainability frameworks, including battery energy storage systems and fuel cells
• Excellent verbal and written communication skills, capable of presenting complex information clearly and persuasively
• Strong organizational and project management skills with the ability to cross-functionally collaborate, manage multiple projects simultaneously, and meet deadlines
• Strategic thinker with expertise in developing both short-term and long-term energy strategies that align with company goals and sustainability objectives while mitigating risk
• Proficient in energy management software, Microsoft Office Suite, and data analysis tools

Experience/Education:

• Bachelor's degree in Engineering, Business, or a related field
• Master's degree or professional certifications (e.g., CEM, CPM) are preferred
• 5+ years of experience in energy procurement and project management, including at least 3 years working with utility developers or data centers assessing alternative power solutions
• Experience in power utilities, energy markets, data centers, or telecommunications industry is strongly preferred
• Proven leadership experience with a demonstrated track record of mentoring and guiding junior team members to achieve professional growth and team objectives

Physical Demands:

The physical demands described herein are representative of those that must be met by an employee to successfully perform the job's essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the job's duties, the employee is occasionally required to stand, walk, sit, use hands to handle or feel objects, reach with hands and arms, climb stairs, balance, stoop or kneel, talk and hear. The employee must occasionally lift and/or move objects weighing up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Compensation:

Compensation for this role includes a base salary between $133,000 and $147,000 annually. This role is also eligible for an annual bonus and equity, based upon individual and company performance.

Posting Timeline: This position is expected to be open for applications through April 7, 2025.Not only does CoreSite have a fun, team-focused work environment, but we also offer great benefits to all employees regularly scheduled to work more than 20 hours a week!

• First-day medical insurance through Cigna with generous premium cost coverage
• Dental insurance through Delta Dental
• Vision insurance through VSP
• Telemedicine through MDLive for Cigna
• Healthcare and dependent care flexible spending account (FSA) plans
• Health saving account (HSA) plans for employees participating in the High Deductible Health Plan
• Life, AD&D, short-term disability, and long-term disability insurance fully paid by the company
• Voluntary coverage benefits for supplemental life, critical illness, accident, and hospital insurance
• First-day eligibility for 401(k) savings plan through Fidelity, which includes an attractive matching company contribution
• Discretionary annual bonus and equity incentive plan
• Employee stock purchase plan (ESPP) with a 15 percent discount
• 16 days of paid time off (PTO)
• 11 paid company holidays and additional floating holidays
• School visitation and elder care paid time off
• Parental leave, adoption and surrogacy benefits, and family planning/fertility support
• Wellness reimbursement program & wellness incentive program
• Free parking or a company contribution toward a public transit pass
• Education reimbursement and student loan debt assistance program
• Employee assistance program, childcare resources, personal finance management support, and student loan debt assistance program
• Pet insurance
• Charitable matching program

Please note that all offers of employment are contingent upon the successful completion of a background check and, where permitted by law, a 5-panel drug test conducted after the offer letter is signed, which will screen for THC, opiates, PCP, cocaine, and amphetamines. Thank you for your understanding and cooperation.

Applicant Privacy Notice: CoreSite is committed to protecting the privacy and security of personal information submitted by applicants. The California Consumer Privacy Act (CCPA) requires us to provide you information about our personal information handling practices. As a result, we're providing this Privacy Notice that describes how we collect, use, share, and update personal information from individuals who wish to be considered for employment with CoreSite. To read the Applicant Privacy Notice, please go to https://www.coresite.com/applicant-privacy-notice