Portfolio Finance Manager

Fluence Energy • Houston, TX

1d

About The Position

This position reports to the Director, Portfolio Finance Management and is responsible for managing and tracking all commercial aspects of a portfolio of BESS 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.

Requirements

• 5+ 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 NetSuite, SAP, Unifier Primavera or similar systems
• Strong background in using MS Office software: Excel, Word, and PowerPoint
• Bachelor’s degree with a major in accounting or finance
• You’ll 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. Fluence does not sponsor work visas for this position.

Nice To Haves

• MBA or CPA a plus
• Proficiency in Spanish (written and spoken) is a plus

Responsibilities

• Be financially responsible for a portfolio of 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
• 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
• Work to continuously improve project onboarding and execution processes

Benefits

• We foster an environment where diverse perspectives are heard and valued, driving innovation and progress.
• We’re committed to delivering exceptional value that exceeds expectations by understanding our customers' needs and adapting swiftly to meet them.
• We are committed to creating the impossible.
• Our team is passionate about making a lasting impact that will resonate for generations to come.
• 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.
• We’re proud to be an Equal Opportunity Employer and welcome qualified applicants of all backgrounds.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior