Senior Portfolio Finance Manager
Fluence Energy
Fluence (Nasdaq: FLNC)is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Our solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of successful implementations across nearly 50 markets we are transforming the way we power our world for a more sustainable future. For more information please visit .
Job Description:
This position reports to the Director Portfolio Finance Management and is responsible for managing and tracking all commercial aspects of a portfolio of large projects. This includes driving accounting compliance ensuring adherence to commercial contract terms executing financial and operational internal controls driving and managing customer contract changes and supplier claims and maintaining operational excellence. The position requires interfacing with many internal stakeholders as well as with customers suppliers and outside contractors. This role requires a background in accounting & finance including contract administration and working with infrastructure and construction projects.
Key Responsibilities
Be financially responsible for a portfolio of the largest and most complex projects within the Americas region
Work closely with project managers to provide timely transparency around project performance against budget and maintain monthly Estimates at Completion for Revenue Cost and Margin.
Ensure adherence to applicable accounting guidelines
Ensure adherence to commercial terms and conditions and highlight associated risks
Ensure accurate project forecasts incorporating known risks and opportunities
Execute internal controls related to Order-to-Cash and act as a peer reviewer to ensure control compliance
Drive to improve project performance through change orders and supplier claims
Review verify and process project related transactions (purchase requisitions invoices etc.)
Track evaluate and work to mitigate contract penalties such as performance guarantees and liquidated damages for delays
Organize project reviews throughout the life of each contract
Report Non-conformance costs and help to identify Solution Groups
Manage construction subcontractors and other suppliers to maintain project delivery timeline and quality
Understand and manage sales property and personal tax requirements
Act as a mentor to new or junior level Portfolio Finance Managers
Work to continuously improve project onboarding and execution processes
Key Qualifications and Experience
8-10 years of financially managing large projects preferably in the energy sector including scopes of engineering procurement and construction and equipment supply and services agreements
Advanced understanding of project accounting methods including POC revenue recognition
Advanced knowledge of project related activities and the project lifecycle
Advanced understanding of commercial contract terms and conditions
Advanced understanding of project risk management requirements in the areas of insurance securities guarantees liquidated damages etc.
Experienced in negotiating directly with customers and suppliers
Experienced in the use of SAP Unifier Primavera or similar systems
Strong background in using MS Office software: Excel Word and PowerPoint
Bachelors degree with a major in accounting or finance
MBA or CPA a plus
Our Culture
At Fluence our culture is the foundation that drives our ambitious growth strategy and fuels our mission to transform the future of energy. Our core cultural pillars empower us to innovate collaborate and lead with purpose ensuring we continue to deliver unparalleled value to our customers and the world.
Unleash Voices
We believe every voice matters. We encourage openness active listening and decisive action to create a culture where everyone has the opportunity to contribute to our success. We foster an environment where diverse perspectives are heard and valued driving innovation and progress.
Customer Fluent
Our customers are at the heart of everything we do. Were committed to delivering exceptional value that exceeds expectations by understanding our customers needs and adapting swiftly to meet them. Our deep focus on customer satisfaction drives us to continuously improve and innovate.
Infinite Impact
We are committed to creating the impossible. We push boundaries to deliver sustainable game-changing solutions that shape a brighter more energy-efficient future for all. Our team is passionate about making a lasting impact that will resonate for generations to come.
All In
We are all in for growth. Our teams are relentlessly focused on identifying and seizing opportunities that propel us forward. We embrace an ownership mindset pushing ourselves and each other to accelerate progress and create lasting success.
Equal Opportunity Employer
At Fluence we believe great teams are built on a collaborative and connected culture. Were proud to be an Equal Opportunity Employer and welcome qualified applicants of all backgrounds. Employment decisions are made without regard to race color religion sex sexual orientation national origin age disability veteran status gender identity or expression genetic information or any other status protected by law.
Work Authorization
To join our team youll need to be legally authorized to work in the United States at the time of application and throughout your employment without the need for employer sponsorship. Please note that Fluence does not sponsor work visas for this position.
Required Experience:
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