Senior Portfolio Finance Manager

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.

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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 Power Point

• Bachelor’s 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.

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